Costermans
ActiveSummary
The computed 12-month bankruptcy probability of Costermans is 1.7% (moderate). The 2025 annual accounts show negative equity (-€291,905) and a net result of -€4,437. Equity is shrinking by about 13% per year across the filed financial years. Its solvency ranks better than 5% of 12,578 sector peers (NACE 47, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “La société a pour objet l achat,la fabrication et la vente de tous objets de décoration en bois ou en métal,d appareils de chauffage et d…” (deed in French)
2 activities (deed in French)
- La société a pour objet l achat,la fabrication et la vente de tous objets de décoration en bois ou en métal,d appareils de chauffage et d éclairage,de marbres,glaces et de tout ce qui se rapporte à la décoration intérieure et extérieure des bâtiments et monuments.
- La société peut s intéresser,par toutes voies dans toutes affaires,entreprises ou sociétés ayant un objet identique,analogue ou connexe ou qui sont de nature à favoriser le développement de son entreprise,à lui procurer de la clientèle,ou à faciliter l écoulement de ses produits.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Costermans
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Acte authentique, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, 3000” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 3 provisions in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Sonnette d'alarme, actif net risque de devenir ou est devenu négatif” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Les plus étendus conférés par articles 2:87 et suivants du Code des Sociétés et des Associations, CHAPITRE VII:DISSOLUTION-LIQUIDATION” (deed in French)