CONCORDIA TEXTILES
ActiveSummary
CONCORDIA TEXTILES has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €19.0m and a net result of €174,516, of which €161,071 non-recurring income. Equity is growing by about 6.2% per year across the filed financial years. Its solvency ranks better than 47% of 194 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (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.
- CONCORDIA TEXTILES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels, exploitatiezetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, 3” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij meer dan een geldig wanneer meerderheid aanwezig of vertegenwoordigd met gewone meerderheid, een of meer vereffenaars door algemene…” (deed in Dutch)