Condo
ActiveSummary
Condo has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €354,866 and a net result of €75,243. Equity is growing by about 8.1% per year across the filed financial years. Its solvency ranks better than 88% of 9,368 sector peers (NACE 41, 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.
- Condo
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit bestuursorgaan vestigen administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)“Op algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering beslist of mandaat ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft kopers naar evenredigheid verworven aantal bij meerdere kopers, elke overdracht…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Nieuwe aandelen waarop in geld wordt ingeschreven, eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 March at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding bepalen, bestuurder(s) in functie als…” (deed in Dutch)