Summary
BELCREAS 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 €1.3m and a net result of €470,779. Equity is growing by about 12% per year across the filed financial years. Its solvency ranks better than 64% of 1,846 sector peers (NACE 66, financial year 2025). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- BELCREAS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De statuten kunnen de bevoegdheden van de bestuurders beperken. Zodanige beperking kan niet aan derden worden tegengeworpen, ook al is ze…”
- Board ruleHow the board is made up, meets and takes decisions.
- “2” (deed in Dutch)“Met of zonder beperking van duur,bij gebrek onbepaalde duur, recht op opzeggingsvergoeding-of termijn” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)