Belcore
Active Risk: not assessedSummary
Belcore is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Transfert au sein de la Région par simple décision de l'organe d'administration; transfert vers une autre…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16.- Représentation - Actes et actions judiciaires. La société est représentée dans les actes, y compris ceux où interviennent un…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Chaque administrateur agissant seul peut accomplir tous les actes nécessaires ou utiles à l'accomplissement de l'objet, sous réserve de ceux…” (deed in French)10 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatifs, Chaque titulaire de titres peut prendre connaissance de son registre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 3 provisions in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- 3 provisions in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2027, first annual accounts due by 31-07-2028
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 10:00
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Les décisions régulièrement prises par l'assemblée générales des actionnaires sont obligatoires pour tous les actionnaires, même pour les…” (deed in French)“Convocation, l'organe d'administration ou par le(s) commissaire(s)” (deed in French)“Tout actionnaire est admis à l'assemblée générale pourvu qu'il soit inscrit dans le registre des actionnaires, admission” (deed in French)“Representation, procuration écrite” (deed in French)“Les actionnaires ou leurs mandataires sont tenus de signer la liste de présence, laquelle mentionne le nom, les prénoms et l'adresse ou la…” (deed in French)“L'organe d'administration, Il ne peut y avoir qu'une seule prorogation” (deed in French)4 more provisions on this in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed