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CERDO

Active
Private limited companyfounded 1993active for 33 yearsKortemarkstraat 209, 8820 Torhout, BelgiumKBO/BCE: BE 0450.656.654
Summary

CERDO has been active since 1993 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €589,883 and a net result of €13,146, of which €15,337 non-recurring income. Equity is growing by about 7.4% per year across the filed financial years. Its solvency ranks better than 35% of 9,816 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.
CERDO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, kan bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 04-12-2023

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, bestuursorgaan” (deed in Dutch)
“Benoembaar bij ontstentenis oudste aanwezige, tenminste helft tegenwoordig of vertegenwoordigd” (deed in Dutch)
1 more provision on this in the deed

deed of 04-12-2023

Capital, shares and profit

Share issue ruleHow and by whom new shares can be issued.
“Bestaande aandeelhouders, 15” (deed in Dutch)

deed of 04-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Tuesday of November at 20:00

deed of 04-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Op elk moment door algemene vergadering beslissend in vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen” (deed in Dutch)

deed of 04-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “TITEL_III_EFFECTEN, aard van de aandelen” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan” (deed in Dutch)
Other provision: “Controle van de vennootschap, wanneer door wet vereist en binnen wettelijke grenzen” (deed in Dutch)
Other provision: “Toegang algemene vergadering, effectenhouder” (deed in Dutch)
Other provision: “Bestuursorgaan, elke gewone of buitengewone algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
3 more provisions in the deed, see the deed of 04-12-2023

deed of 04-12-2023