BELGALEC CONSTRUCT
ActiveSummary
BELGALEC CONSTRUCT has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64,405 and a net result of €4,911. Equity is growing by about 3.4% per year across the filed financial years. Its solvency ranks better than 75% of 34,356 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (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.
- BELGALEC CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et étranger par simple décision organe…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration et représentation Pouvoirs de décision S’il n’y a qu’un seul administrateur, il lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, avec ou sans limitation de durée” (deed in French)“Fixe ou proportionnelle, frais de représentation voyages déplacements distincts” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, registre des actions nominatives avec mentions requises par Code des sociétés et des associations” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant, moitié acquéreurs proportionnellement si plusieurs, au prorata de participation sans fractionnement” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “(Article 3:101CSA) TITRE V. ASSEMBLEE GENERALE Article 15. Tenue et convocation Il est tenu chaque année, au siège, une assemblée générale…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “TITRE VII. DISSOLUTION - LIQUIDATION, Article 23” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 24, faculté assemblée générale désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)