Summary
ARMACO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €123,515 and a net result of €28,294. Equity is growing by about 25% per year across the filed financial years. Its solvency ranks better than 35% of 9,743 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Activity
Activities of holding companies
NACE 64210
2 sites
Size
≈ €210,000turnover 2025, estimated
- Staff
- ≈ 0 FTE, estimated
- Equity
- €123,515
- Profit
- €28,294
Turnover estimated from the gross margin
Financial health
Financial institution: outside the modelBankruptcy probability: sector outside the model
SignalsneutralLatest accounts filed on timeShow the evidence
Checked score
Outside the general model
Model not applicable to financial institutions
The Checked score weighs liquidity, leverage and margins against norms for trading and manufacturing companies. A bank, insurer or financial holding has a fundamentally different balance-sheet structure, so those ratios, and hence the score, carry no meaning here. That is why we show no financial axes either.
Bankruptcy probability, 12 months
This is a financial institution (bank, insurer or financial holding). A bank balance sheet works differently from that of an ordinary trading or manufacturing company. We therefore show no bankruptcy probability rather than a misleading figure.
Credit check for your own amount and term
Show the recommended maximum and see how the verdict changes with amount, term and advance.
Signals
1 signal.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-06-2026, 31 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
31 days early
2024
27 days early
2023
23 days early
2022
35 days early
2021
16 days early
2020
2 days late
2019
45 days late
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 12 days before the deadline; the sector median (NACE 64) for financial year 2024 is 14 days before the deadline, and 28% of those companies filed late.
Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 4 July (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsWhere today falls in the filing period
31-10-2026 today31-12-2026 year end31-07-2027 deadline
- Annual accounts filedfinancial year 2025 · micro…
- Annual accounts filedfinancial year 2024 · micro…
- Highest result from 2018 to 2025net €45,915 ▲161%
Financials · financial year 2025, micro format
Equity
€123,515▲ 15.2%
2024 · €107,220
Net result
€28,294▼ 38.4%
2024 · €45,915
Total assets
€383,971▲ 84.5%
2024 · €208,093
Solvency
32.2%▼ 19.4pp
2024 · 51.5%
Trend over the years
2021 to 2025, 5 financial years 2018 to 2025, 8 financial years
The operating result falls in 2025; 2025 is 38% below 2024.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€39,934
2025
Net result€28,294
2025
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€383,971
2025
Equity€123,515
2025
Debt€260,456
2025
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€105,739
2025
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)7.4%
2025
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency32.2%
2025
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.89
2025
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
Every figure with its change against the financial year before
favourable
unfavourable
Line20182019202020212022202320242025
Operating result-€9,418-€15,366€31,926▲ 108%€55,437▲ 73.6%€36,619▼ 33.9%€26,024▼ 28.9%€64,522▲ 148%€39,934▼ 38.1%
Net result-€10,633-€10,704€20,507within the sector's middle half▲ 91.6%€39,174within the sector's middle half▲ 91.0%€24,969within the sector's middle half▼ 36.3%€17,602within the sector's middle half▼ 29.5%€45,915within the sector's middle half▲ 161%€28,294within the sector's middle half▼ 38.4%
Equity€8,636-€19,340▲ 124%€39,847within the sector's middle half▲ 106%€79,021within the sector's middle half▲ 98.3%€64,090within the sector's middle half▼ 18.9%€68,448within the sector's middle half▲ 6.8%€107,220within the sector's middle half▲ 56.6%€123,515within the sector's middle half▲ 15.2%
Total assets€77,109-€73,385▼ 4.8%€86,445below the sector's middle half▲ 17.8%€167,755within the sector's middle half▲ 94.1%€141,124within the sector's middle half▼ 15.9%€177,244within the sector's middle half▲ 25.6%€208,093within the sector's middle half▲ 17.4%€383,971within the sector's middle half▲ 84.5%
Debt€68,473-€54,045▼ 21.1%€46,598▼ 13.8%€88,734▲ 90.4%€77,035▼ 13.2%€108,796▲ 41.2%€100,873▼ 7.3%€260,456▲ 158%
Working capital-€13,300--€1,166▲ 91.2%€21,133within the sector's middle half€47,578within the sector's middle half▲ 125%€37,601within the sector's middle half▼ 21.0%€44,764within the sector's middle half▲ 19.1%€87,506within the sector's middle half▲ 95.5%€105,739within the sector's middle half▲ 20.8%
Solvency11.2%-26.4%▲ 15.2pp46.1%within the sector's middle half▲ 19.7pp47.1%within the sector's middle half▲ 1.0pp45.4%within the sector's middle half▼ 1.7pp38.6%within the sector's middle half▼ 6.8pp51.5%within the sector's middle half▲ 12.9pp32.2%within the sector's middle half▼ 19.4pp
Current ratio0.66-0.97▲ 0.301.55within the sector's middle half▲ 0.582.18within the sector's middle half▲ 0.641.97within the sector's middle half▼ 0.211.96within the sector's middle half▼ 0.012.53within the sector's middle half▲ 0.561.89within the sector's middle half▼ 0.64
Return on assets (ROA)-13.8%-14.6%▲ 28.4pp23.7%above the sector's middle half▲ 9.1pp23.4%above the sector's middle half▼ 0.4pp17.7%within the sector's middle half▼ 5.7pp9.9%within the sector's middle half▼ 7.8pp22.1%within the sector's middle half▲ 12.1pp7.4%within the sector's middle half▼ 14.7pp
above
within
below
the middle half of NACE 64, Financial service activities, except insurance and pension funding: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Turnover and EBIT margin not published: the micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €383,971
Fixed assets
€159,011 ▲ 151%
Current assets
€224,960 ▲ 55.3%
Equity and liabilities €383,971
Equity
€123,515 ▲ 15.2%
Debt
€260,456 ▲ 158%
Debt's share of the balance-sheet total rises from 48.5% to 67.8%. Equity and debt are higher.
Key figures and ratios
ROE
22.9%▼
2024 · 42.8%
Debt ≤ 1 year
€119,221▲
2024 · €57,313
Debt > 1 year
€140,854▲
2024 · €43,560
Income taxes
€11,393▼
2024 · €17,677
Staff costs
€400▲
2024 · €387
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Non-recurring operating income76A | - | - | - | €2,974 | - | - | - | - | - |
| Remuneration, social security and pensions62 | - | - | - | €733 | €348 | €384 | €387 | €400 | ▲ 3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €13,001 | €12,803 | €11,803 | €7,659 | €16,844 | €17,605 | €24,942 | €28,545 | ▲ 14.4% |
| Other operating charges640/8 | - | - | - | €2,499 | €2,347 | €3,158 | €2,144 | €14,501 | ▲ 576% |
| Gross operating margin9900 | €7,327 | €31,705 | €47,954 | €66,328 | €56,157 | €47,171 | €91,995 | €83,380 | ▼ 9.4% |
| Operating profit (loss)9901 | -€9,418 | €15,366 | €31,926 | €55,437 | €36,619 | €26,024 | €64,522 | €39,934 | ▼ 38.1% |
| Financial income75/76B | - | - | - | €1,118 | €342 | €1,216 | €1,381 | €2,573 | ▲ 86.3% |
| Recurring financial income75 | - | €9 | - | €1,118 | €342 | €1,216 | €1,381 | €2,573 | ▲ 86.3% |
| Financial charges65/66B | - | - | - | €867 | €852 | €969 | €2,311 | €2,820 | ▲ 22.0% |
| Recurring financial charges65 | €913 | €794 | €750 | €867 | €852 | €969 | €2,311 | €2,820 | ▲ 22.0% |
| Profit (loss) for the period before taxes9903 | -€10,331 | €14,581 | €31,176 | €55,688 | €36,108 | €26,271 | €63,592 | €39,688 | ▼ 37.6% |
| Income taxes67/77 | €302 | €3,877 | €10,669 | €16,515 | €11,139 | €8,669 | €17,677 | €11,393 | ▼ 35.5% |
| Profit (loss) for the period9904 | -€10,633 | €10,704 | €20,507 | €39,174 | €24,969 | €17,602 | €45,915 | €28,294 | ▼ 38.4% |
| Profit (loss) for the period to be appropriated9905 | -€10,633 | €10,704 | €20,507 | €39,174 | €24,969 | €17,602 | €45,915 | €28,294 | ▼ 38.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Assets | |||||||||
| Total assets20/58 | €77,109 | €73,385 | €86,445 | €167,755 | €141,124 | €177,244 | €208,093 | €383,971 | ▲ 84.5% |
| Fixed assets21/28 | €50,714 | €38,449 | €26,645 | €79,925 | €64,765 | €86,017 | €63,275 | €159,011 | ▲ 151% |
| Tangible fixed assets22/27 | €50,714 | €38,449 | €26,645 | €79,925 | €64,765 | €86,017 | €61,075 | €156,811 | ▲ 157% |
| Land and buildings22 | - | - | - | €18,235 | €14,719 | €11,203 | €7,687 | €123,881 | ▲ 16× |
| Plant, machinery and equipment23 | - | - | - | - | €932 | €843 | €401 | €341 | ▼ 14.8% |
| Furniture and vehicles24 | - | - | - | €61,690 | €49,113 | €73,970 | €52,987 | €32,589 | ▼ 38.5% |
| Financial fixed assets28 | - | - | - | - | - | - | €2,200 | €2,200 | = |
| Current assets29/58 | €26,395 | €34,937 | €59,800 | €87,830 | €76,360 | €91,227 | €144,818 | €224,960 | ▲ 55.3% |
| Stocks and contracts in progress3 | - | €1,826 | €424 | €424 | €424 | €1,018 | €989 | - | - |
| Stocks30/36 | - | - | - | €424 | €424 | €1,018 | €989 | - | - |
| Amounts receivable within one year40/41 | €13,931 | €29,993 | €34,126 | €74,146 | €45,528 | €77,349 | €131,431 | €201,533 | ▲ 53.3% |
| Trade receivables40 | - | - | - | €51,033 | €39,275 | €51,799 | €107,875 | €159,502 | ▲ 47.9% |
| Other amounts receivable41 | - | - | - | €23,113 | €6,253 | €25,549 | €23,556 | €42,032 | ▲ 78.4% |
| Cash at bank and in hand54/58 | €10,063 | €577 | €23,029 | €9,609 | €851 | €4,317 | €6,514 | €2,000 | ▼ 69.3% |
| Deferred charges and accrued income490/1 | - | - | - | €3,651 | €29,557 | €8,543 | €5,885 | €21,426 | ▲ 264% |
| Equity and liabilities | |||||||||
| Total equity and liabilities10/49 | €77,109 | €73,385 | €86,445 | €167,755 | €141,124 | €177,244 | €208,093 | €383,971 | ▲ 84.5% |
| Equity10/15 | €8,636 | €19,340 | €39,847 | €79,021 | €64,090 | €68,448 | €107,220 | €123,515 | ▲ 15.2% |
| Contributions10/11 | €46,000 | €46,000 | - | €46,000 | €6,100 | - | - | - | - |
| Reserves13 | - | - | - | - | €10,000 | €15,000 | €30,000 | €42,000 | ▲ 40.0% |
| Distributable reserves133 | - | - | - | - | €10,000 | €15,000 | €30,000 | €42,000 | ▲ 40.0% |
| Profit (loss) carried forward14 | -€37,364 | -€26,660 | -€6,153 | €33,021 | €47,990 | €53,448 | €77,220 | €81,515 | ▲ 5.6% |
| Amounts payable17/49 | €68,473 | €54,045 | €46,598 | €88,734 | €77,035 | €108,796 | €100,873 | €260,456 | ▲ 158% |
| Amounts payable after more than one year17 | €28,779 | €17,943 | €7,107 | €48,482 | €38,276 | €62,333 | €43,560 | €140,854 | ▲ 223% |
| Financial debts170/4 | - | - | - | €48,482 | €38,276 | €62,333 | €43,560 | €138,154 | ▲ 217% |
| Other amounts payable178/9 | - | - | - | - | - | - | - | €2,700 | - |
| Amounts payable within one year42/48 | €39,694 | €36,103 | €38,666 | €40,252 | €38,759 | €46,463 | €57,313 | €119,221 | ▲ 108% |
| Current portion of amounts payable after more than one year42 | - | - | - | €10,207 | €10,207 | €18,773 | €18,773 | €34,744 | ▲ 85.1% |
| Financial debts43 | - | - | - | - | - | - | - | €9,615 | - |
| Credit institutions430/8 | - | - | - | - | - | - | - | €9,615 | - |
| Trade debts44 | €32 | €767 | €2,798 | €1,196 | €899 | €678 | €763 | €21,086 | ▲ 28× |
| Suppliers440/4 | - | - | - | €1,196 | €899 | €678 | €763 | €21,086 | ▲ 28× |
| Taxes, remuneration and social security45 | - | - | - | €28,849 | €27,654 | €19,870 | €30,634 | €41,775 | ▲ 36.4% |
| Taxes450/3 | - | - | - | €28,849 | €27,654 | €19,870 | €30,634 | €41,775 | ▲ 36.4% |
| Other amounts payable47/48 | - | - | - | - | - | €7,143 | €7,143 | €12,000 | ▲ 68.0% |
| Accrued charges and deferred income492/3 | - | - | - | - | - | - | - | €381 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€10,633 | €10,704 | €20,507 | €39,174 | €24,969 | €17,602 | €45,915 | €28,294 | ▼ 38.4% |
| + Depreciation and write-downs630 | €13,001 | €12,803 | €11,803 | €7,659 | €16,844 | €17,605 | €24,942 | €28,545 | ▲ 14.4% |
| Operating cash flow (approximation) | €2,368 | €23,507 | €32,310 | €46,833 | €41,813 | €35,207 | €70,857 | €56,839 | ▼ 19.8% |
| Investment in fixed assets (approximation) | - | -€537 | €0 | -€60,939 | -€1,683 | -€38,857 | -€2,200 | -€124,281 | ▼ 5,549% |
| Change in cash | - | -€9,486 | €22,452 | -€13,420 | -€8,758 | €3,466 | €2,197 | -€4,514 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 12 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | micro format | 30-06-2026 | 2026-00219847 |
| 31-12-2024 | micro format | 04-07-2025 | 2025-00228794 |
| 31-12-2023 | micro format | 08-07-2024 | 2024-00219697 |
| 31-12-2022 | micro format | 26-06-2023 | 2023-00155528 |
| 31-12-2021 | micro format | 15-07-2022 | 2022-20187926 |
| 31-12-2020 | micro format | 02-08-2021 | 2021-44700424 |
| 31-12-2019 | micro format | 14-09-2020 | 2020-52900050 |
| 31-12-2018 | micro format | 23-08-2019 | 2019-49500561 |
| 31-12-2017 | micro format | 27-08-2018 | 2018-50300222 |
| 31-12-2016 | micro format | 28-07-2017 | 2017-38500192 |
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Of the 24,455 active companies whose main activity is activities of holding companies (NACE 64210), figures are known for 20,128. 13,086 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Directors
1 director, last change in 2022
Marc RAMAEKERS
CurrentDirector (not named in the articles) · since 16-12-2022
Derived from published Gazette deeds. The KBO keeps the official list of office holders; we do not read it, so the two can differ.
See the directors and other office holders in the KBO →
Not every act has been read: a resignation may still be missing
1 of this company's 2 Belgian Official Gazette deeds has not been read yet. Appointments and resignations recorded in them are not yet in the list of directors: someone who resigned there may still be listed as sitting. The acts are in the Timeline.
Mandate history
1 person since 2022, 1 in office
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| Marc RAMAEKERS |
|
Owners and capital
Capital and shareholders
Capital over the years
- 16-12-2022 Capital reduction of €45,000 · to €1,000 · repaid to the shareholders
Group and network
Connections & network
1 current directorThe network starts from this company’s directors. Other companies they run appear here as nodes.
This company
Company
Director
Shareholding
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History
Acts, filings and financial milestones
Next filing, financial year 2026, expected by
2026
30-06
NBB filing
Annual accounts filed
financial year 2025 · micro format
2025
04-07
NBB filing
Annual accounts filed
financial year 2024 · micro format
2024
31-12
Financial
Highest result from 2018 to 2025net €45,915 ▲161%
Operating result €64,522, net result €45,915, both a record.
31-12
Financial
Equity above €100,000equity €107,220 ▲56.6%
6 profitable years in a row build equity to €107,220.
08-07
NBB filing
Annual accounts filed
financial year 2023 · micro format
2023
26-06
NBB filing
Annual accounts filed
financial year 2022 · micro format
2022
16-12
Gazette deed
Resignation: Marc RAMAEKERS (manager)Appointment: Marc RAMAEKERS (director) · Amendment of the articles · Capital conversion11 facts ▸
Gazette deed
Resignation: Marc RAMAEKERS (manager)
Appointment: Marc RAMAEKERS (director) · Amendment of the articles · Capital conversion11 facts ▸
- General meeting, 13-12-2022
- Amendment of the articles (2 times)
- Capital conversion, “werkelijk gestort kapitaal en wettelijke reserve van rechtswege omgezet in statutair onbeschikbare eigen vermogensrekening, TWEEDE BESLISSING - Volledige opheff…” (deed in Dutch)
- Reserve release, “overeenkomstig de vormen en meerderheden van de statutenwijziging, statutair onbeschikbare eigen vermogensrekening opheffen en middelen beschikbaar maken voor u…” (deed in Dutch)
- Capital decrease, €45,000
- Other provision, “toelichting instrumenterende notaris over uitkeringstesten” (deed in Dutch)
- Director resignation, Marc RAMAEKERS (manager)
- Director appointment, Marc RAMAEKERS (director (not named in the articles))
- Director discharge, Marc RAMAEKERS
- Power of attorney
- Power of attorney, Rembert VAN BAEL
15-07
NBB filing
Annual accounts filed
financial year 2021 · micro format
2021
02-08
NBB filing
Annual accounts filed
financial year 2020 · micro format · 2 days late
2020
14-09
NBB filing
Annual accounts filed
financial year 2019 · micro format · 45 days late
2019
31-12
Financial
Back to profitnet €10,704
Net result €10,704 after one loss-making year.
23-08
NBB filing
Annual accounts filed
financial year 2018 · micro format · 23 days late
2018
27-08
NBB filing
Annual accounts filed
financial year 2017 · micro format · 27 days late
2017
28-07
NBB filing
Annual accounts filed
financial year 2016 · micro format
Financial milestoneGazette deedNBB filingFinancial milestones sit on the financial year-end date, not the filing date.Of the 12 annual accounts filed, the latest 10 are here; all 12 are under Financials.
1 of 2 deeds read
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
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Register details
Identification
Legal formPrivate limited company
Founded01-09-2008
Financial year end31-12
Activities, NACEBEL 2025
64210Activities of holding companies
46190Agents in non-specialised wholesale trade
68110Buying and selling of own real estate
73300Public relations and communication consultancy
82990Other business support services
E-invoicing
Reachable via Peppol
Peppol ID
0208:0806197979
Also
9925:BE0806197979
Registered
26-12-2025
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
Location & real-estate footprint
Registered office, Tongeren-Borgloon · 2 establishment units since 2008
Ground area
1,649 m²
Building footprint
801 m²
Building volume
4,859 m³
2 parcels, Flanders · tallest building 9.9 m. Linked by address, not a title deed.
2 establishment units
ARMACO
since 2008unit no. 2.173.862.446
Widooierlinde 20, 3700 Tongeren-Borgloon
since 2023unit no. 2.343.487.435
2 parcels
Flanders
2
(100%)
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 73100A0226/00N000 | Flanders | 1,008 m² | 1 · 312 m² | 8.7 m · 2 |
| 73100A0234/00V000 | Flanders | 641 m² | 1 · 489 m² | 9.9 m · 2 |
How the parcels are linked
Good to know
Both parcels match the address exactly.
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.
- ARMACO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit van het bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuurd door één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder,benoemd met of zonder beperking van…” (deed in Dutch)“Geboekt op algemene kosten los van eventuele representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat bestuurder…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Alle aandelen op naam met volgnummer, ingeschreven in register van aandelen op naam met vermeldingen voorgeschreven door Wetboek van…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle procedure- en expertisekosten voor helft ten laste overdrager en andere helft ten laste koper(s) naar evenredigheid verworven aantal…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, zelfde wijze tot uitgifte volledig geplaatst of geen enkele aandeelhouder nog gebruik…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)