Worldkarts
ActiveSummary
Worldkarts has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.6m and a net result of €493,489. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 76% of 510 sector peers (NACE 93, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very 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.
- Worldkarts
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of het buitenland oprichten” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “2:55WVV, 3” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Het kapitaal te verhogen, bestuursorgaan” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering met vereisten statutenwijziging” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 2:80 WVV, ontbinding en sluiting vereffening in één akte mogelijk” (deed in Dutch)“Voorzitter bevoegde ondernemingsrechtbank indien staat artikel 2:71,§2,tweede lid WVV toont niet alle schuldeisers volledig terugbetaald…” (deed in Dutch)