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CRAGS

Active
Private limited companyfounded 2016active for 9 yearsChaussée de Julémont(StA) 39, 4606 Dalhem, BelgiumKBO/BCE: BE 0666.407.123
Summary

CRAGS has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €39,210 and a net result of €286,536. Equity is shrinking by about 15% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 9% of 20,612 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
CRAGSActiveChecked score 91/100
Risk analysis ReportCompare

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, établir ou supprimer des sièges administratifs en Belgique et à l’étranger,en communauté européenne,sur simple décision de…” (deed in French)

deed of 15-01-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Illimitée pour société plusieurs actionnaires et administrateurs non-actionnaires, Assemblée Générale” (deed in French)
“Vacance place administrateur, comme modification statuts” (deed in French)
1 more provision on this in the deed

deed of 15-01-2025

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 15-01-2025

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of June at 18:00

deed of 15-01-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale formes modifications statuts, légales” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 15-01-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Appels de fonds” (deed in French)
Other provision: “Nominatives, Nature des actions” (deed in French)
Other provision: “Exclusion” (deed in French)
Other provision: “Plus étendus seul administration et disposition intéressant société, Pouvoirs des administrateurs” (deed in French)
Other provision: “Emoluments, assemblée générale” (deed in French)
Other provision: “Actes déterminés gestion journalière, Gestion journalière” (deed in French)
Other provision: “Un ou plusieurs commissaires, Contrôle” (deed in French)
Other provision: “Siège ou autre lieu Belgique indiqué convocations, assemblée générale-réunions-composition-pouvoirs” (deed in French)
Other provision: “Règlement d'ordre intérieur, modification statuts” (deed in French)
Other provision: “Convocations, 15” (deed in French)
Other provision: “Représentation aux assemblées” (deed in French)
Other provision: “Bureau-procès-verbaux, administrateur présent plus âgé sinon actionnaire présent plus âgé” (deed in French)
Other provision: “Délibération-vote, majorité voix quel que soit titres représentés sauf loi/statuts” (deed in French)
Other provision: “Répartition bénéfices, réduit perte reportée ou majoré bénéfice reporté” (deed in French)
Liquidation distribution: “Apurement dettes charges frais ou consignation, actif net proportion actions et biens conservés même proportion” (deed in French)
Other provision: “Siège sauf autre domicile Belgique vis-à-vis société, élection de domicile” (deed in French)
Other provision: “Compétence judiciaire, société-actionnaires-administrateurs-commissaires-liquidateurs affaires société exécution statuts” (deed in French)
Other provision: “Droit commun” (deed in French)
2 more provisions in the deed, see the deed of 15-01-2025

deed of 15-01-2025

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