BENCO
ActiveSummary
BENCO has been active since 2004 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.5m and a net result of €12,801. Equity remains stable across the filed financial years (±1.6% per year). The computed 12-month bankruptcy probability is below 0.1% (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.
- BENCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal, duur opdracht en bij meerdere bevoegdheid, niet persoonlijk gehouden tot verbintenissen vennootschap” (deed in Dutch)“Raad kan voorzitter benoemen, 3” (deed in Dutch)“18, niet persoonlijk gehouden tot verbintenissen vennootschap” (deed in Dutch)“Collegiaal, raad van bestuur” (deed in Dutch)“Onverminderd vergoeding kosten, 24” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vergadering van houders van aandelen soort A bijeengeroepen na ontvangst, vier/vijfde meerderheid van stemmen verbonden aan aandelen soort A” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuursorgaan in functie bij gebrek aan benoeming, algemene vergadering volgens aanwezigheidsvereisten en meerderheden vrijwillige…” (deed in Dutch)