Westfro
ActiveSummary
Westfro has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €29.5m and a net result of €1.3m. Equity is shrinking by about 6.8% per year across the filed financial years. Its solvency ranks better than 49% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Westfro
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, ARTIKEL 2.ZETEL” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onmiddellijk na gewone algemene vergadering van het jaar dat zij vervallen, ARTIKEL 13.SAMENSTELLING VAN HET BESTUURSORGAAN” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of February at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle handelingen nodig of dienstig voor vereffening, cijfermatig verslag met rekeningen en stukken minstens één maand voor algemene…” (deed in Dutch)