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BELCO

Active Private limited companyfounded 2021active for 4 yearsKarel Janssenslaan 29, 8400 OstendKBO/BCE: BE 0779.356.396 #3 company by equity in Ostend, Accommodation and food service sector

Board

2 directors, since incorporation
Statutory director
since 22-12-2021 term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Statutory director
current term since 21-12-2022 term without a fixed end
listed in the 2025 annual accounts, filed on 29-06-2026
Signing authorityThe articles say who may bind the company, for example by signing a contract.
“Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in rechte als eiser of als verweerder, behalve voor voormelde…”
deed of 28-12-2021

Office holders in the KBO →

Mandates through the years

2 names, the dashed line is today

Statutory director

Statutory director
Board
Mandates as a list
    • Statutory director, from 22-12-2021 to date
    • Statutory director, from 24-12-2021 to date

Control

Shareholder
973 voting rights
50%
This company
BELCO
Equity €2.9m
Profit €1.1m in 2025

and 1 other shareholder

Capital

Contribution
€1,460,000
Shares
1,946
Contribution per share
€750
Equity per share
€1,467 in 2025
Source
deed of 16-09-2022

Owners through the years

as the annual accounts name them
50%
50%
Owners as a list

Source: shareholder structure in its own accounts

Articles of association

deed of 28-12-2021 (in Dutch)
DurationMost companies exist for an unlimited period, until they are dissolved.
Unlimited
Board ruleThese rules set how the board is made up, meets and takes decisions.
At least 1 director
Annual meetingThe shareholders approve the annual accounts, among other things, at the annual meeting.
Second Tuesday of May at 10:00
Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor

Shareholders

2 owners

Owners 2

  • natural person
    50%973 voting rights
  • natural person
    50%973 voting rights

Capital transactions

Shareholders according to the deeds
After the capital increase deed of 16-09-2022 ↗
  • €350,000 in cash
  • €350,000 in cash
At incorporation deed of 28-12-2021 ↗
  • 500 shares (50%) · €375,000
  • 500 shares (50%) · €375,000
Capital over time
  1. 16-09-2022 Capital increase of €710,000 · to €1,460,000 · 946 new shares, 48.6% of the 1,946 shares after the increase
  2. 16-09-2022 Converted to unavailable equity · €750,000
  3. 28-12-2021 Incorporation · €750,000 · 1,000 shares

Next steps