CONCOORD
ActiveSummary
CONCOORD has been active since 1992 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €88,361 and a net result of €126,129. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 826 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Les études de faisabilités, de réalisation et de conception ainsi que la réalisation proprement dite de: stations de traitement des eaux…” (deed in French)
9 activities (deed in French)
- Les études de faisabilités, de réalisation et de conception ainsi que la réalisation proprement dite de: stations de traitement des eaux ;
- Stations d'épuration des eaux ;
- Stations de potabilisation des eaux ;
- Stations de relevage des eaux;
- Travaux dans le domaine des voies navigables;
- Travaux dans le domaine de l'environnement;
- Travaux dans le domaine du bâtiment;
- Travaux dans le domaine des canalisations et conduites;
- La fabrication et le commerce sous toutes ses formes de toutes constructions métalliques, d'ouvrages en métal, ou en toutes autres matières de remplacement et de mécanique générale.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, l'organe d'administration a le pouvoir de déplacer le siège dans le respect des limites de l'article 2:4 CSA” (deed in French)
- Elected domicileThe address where directors or the company receive official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “- soit, mais dans les limites de la gestion journalière, par le ou les délégués à cette gestion, agissant seul. Ces représentants n'ont pas…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Collégial, majorité simple” (deed in French)“Majorité simple des voix, sans tenir compte des abstentions, Tout administrateur peut donner par écrit, par tout moyen de transmission…” (deed in French)5 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatifs, indivisibles à l'égard de la société” (deed in French)
- Records ruleWhich registers the company keeps, such as the share register, and how.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Les dispositions qui précèdent s'appliquent mutatis mutandis aux transmissions par décès, cessions et transmissions d'actions, à titre…” (deed in French)5 more provisions on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Wednesday of June at 17:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
- Meeting chairWho chairs the meeting.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “1” (deed in French)1 more provision on this in the deed
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- One provision in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed