BERACO
ActiveSummary
BERACO has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €86,799. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 77% of 11,191 sector peers (NACE 68, financial year 2025). 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.
- BERACO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2” (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 de la société Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils sont…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, administrateur unique” (deed in French)“Totalité des pouvoirs d'administration, partie” (deed in French)“Frais de représentation, voyages et déplacements, portée aux frais généraux” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Registre des actions nominatives au siège social, à tout moment en nominatives à la demande de l'actionnaire” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Toutes opérations prévues par la loi sauf décision contraire de l’assemblée générale à la majorité des voix” (deed in French)1 more provision on this in the deed