Summary
Condaco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €306,954 and a net result of €48,895. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 95% of 9,718 sector peers (NACE 64, financial year 2025). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Condaco
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De bestuurder(s) kunnen de uitoefening van een deel van hun bevoegdheid ten titel van bijzondere volmacht opdragen aan een derde aangestelde…”
- Board ruleHow the board is made up, meets and takes decisions.
- “4.Bestuursorgaan, onbepaalde duur bij gebrek aan bepaling duurtijd” (deed in Dutch)“Alle handelingen nodig of dienstig tot verwezenlijking voorwerp behalve wet of statuten aan algemene vergadering voorbehouden, 5.§1” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 20:00