Summary
CANDICO 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 €1.0m and a net result of €121,763. Equity is growing by about 20% per year across the filed financial years. Its solvency ranks better than 58% of 6,658 sector peers (NACE 64, financial year 2025). The company has been active since 2012 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.
- CANDICO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordigingsbevoegdheid: Iedere bestuurder, afzonderlijk optredend, ook wanneer er meerdere zijn, is bevoegd om de vennootschap te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuur, 1” (deed in Dutch)“Niet-statutaire bestuurder, ad nutum afzetbaarheid” (deed in Dutch)“Iedere bestuurder afzonderlijk,ook wanneer er meerdere zijn, meest uitgebreide bevoegdheid alle daden van beheer en bestuur en alle…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of December at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed