From the official registers: KBO 13 annual accounts at the National Bank publications in the Belgian Official Gazette
Summary
Covered Bond Label 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 €1.9m and a net result of €197,334. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 70% of 611 sector peers (NACE 66, financial year 2025). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
Directors
Board 5
Statutory auditor 1
Mandate history
- Board
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| Morten Bækmand NIELSEN |
|
| Stefano PATRUNO |
|
| Luca Bertalot |
|
| Sanna Maaria Eriksson |
|
| Patrick Alexander Seifert |
|
| KPMG Réviseurs d'Entreprises |
|
How the board is organised
- Who signsWho may bind the company towards others, for example by signing a contract.
- “- Madame Sanna Maaria Eriksson, domiciliée Liesitie 9, 04200 Kerava, Finlande, Le Comité du 13 novembre 2025, a décidé de nommer comme…”deed of 24-04-2026
- Board ruleHow the board is made up, meets and takes decisions.
- “En collège, pouvoirs de gestion reconnus par la loi et les statuts”deed of 20-09-2024 (in French)
Owners and capital
Owners
This private foundation has no shareholders or capital.
Other provisions of the articles of association
- Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
- Other provision: “Présidence du comité du label, bon fonctionnement Fondation selon CSA statuts intérêts”Other provision: “15, avis et conseils sur consultation comité label”Other provision: “Ne participe pas sauf si tous membres déclarent conflit, conflit intérêts”Liquidation distribution: “Actifs nets, entité sans but lucratif poursuivant buts semblables”Other provision: “Règlement interne, sans écarter CSA et statuts”Other provision: “Langues, si langue nationale Belgique imposée par loi alors français”6 more provisions in the deed, see the deed of 28-12-2023
Articles of association, deed of 28-12-2023 (in French)