COERTEL
ActiveSummary
COERTEL has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €256,926 and a net result of €5,951. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 67% of 13,660 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De groot-en kleinhandel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel van…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“De groot-en kleinhandel,de in-en uitvoer,het in consignatie geven en nemen,de vertegenwoordiging en de commissiehandel van gereedschap,artikelen en onderhoudsproducten voor juweliers in de meest uitgebreide zin van het woord;van goud-,zilverwerk,juwelen en sierstenen;van uurwerken en uurwerkwaren;alsmede alle polierwerken,het aanrijgen van parelcolliers en de herstellingen van uurwerken,met alle roerende en onroerende handelingen die rechtstreeks of onrechtstreeks in verband staan met haar voorwerp.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- COERTEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2018 Antwerpen,Appelmansstraat 25” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden en bij overlijden slechts mits instemming alle aandeelhouders, Derde besluit” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of March at 11:00