WEVADA
ActiveSummary
The computed 12-month bankruptcy probability of WEVADA is 4.3% (elevated). For WEVADA, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€334,475) and a net result of -€14,902. Equity remains stable across the filed financial years (±1.8% per year). Its net result ranks better than 30% of 1,676 sector peers (NACE 62, financial year 2025). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het onderzoek naar,het ontwikkelen,fabriceren en verkopen van hoogtechnologisch elektronisch materiaal en software voor draadloze…” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WEVADA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, mag bij beslissing bestuursorgaan administratieve zetels en exploitatiezetels,bijkantoren en depots in België of buitenland…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal, raad kan voorzitter benoemen;bij ontstentenis/afwezigheid waargenomen door bestuurder aangeduid onder aanwezige bestuurders door…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Te allen tijde ontbonden door besluit algemene vergadering die beraadslaagt op wijze door wet vereist, ontbonden in bij wet bepaalde…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan te allen tijde bevoegdheden bij gewone meerderheid beperken, alle machten in artikel 2:87 WVV zonder bijzondere…” (deed in Dutch)