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COMADBEL

Active
Private limited companyfounded 2003active for 23 yearsTen Houte(Kor) 13, 8500 Kortrijk, BelgiumKBO/BCE: BE 0480.671.127
Summary

COMADBEL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show negative equity (-€30,476) and a net result of -€14,664. Equity is shrinking by about 21% per year across the filed financial years. Its solvency ranks better than 5% of 9,725 sector peers (NACE 64, financial year 2025). The company has been active since 2003 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.
COMADBEL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 26-07-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, één of meer bestuurders” (deed in Dutch)

deed of 26-07-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Saturday of May at 11:00

deed of 26-07-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd, recht algemene vergadering om één of meerdere…” (deed in Dutch)

deed of 26-07-2023

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

Other provision: “Winstverdeling, verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Liquidation distribution: “Netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen;goederen nog in natura opzelfde wijze verdeeld, na…” (deed in Dutch)
1 more provision in the deed, see the deed of 26-07-2023

deed of 26-07-2023