Summary
BERVAL 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 €4,804 and a net result of €2,804. Its solvency ranks better than 32% of 9,680 sector peers (NACE 64, financial year 2025). The company has been active since 2025 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.
- BERVAL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 8620 Nieuwpoort, Roger Vyveystraat 10” (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.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)“Algemene vergadering, onbepaalde duur bij gebrek aan bepaling duurtijd” (deed in Dutch)“Geheel bevoegdheden aan hem toegekend met mogelijkheid deel te delegeren, iedere bestuurder, alleen optredend, mag alle handelingen stellen…” (deed in Dutch)“Vergoeding bestuurders, algemene kosten, los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 16:00
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.
- “Ontbinding om welke reden en wanneer ook, bestuurder(s) in functie krachtens statuten indien geen andere benoemd” (deed in Dutch)