CREAD
ActiveSummary
CREAD has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.7m and a net result of €275,360. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 95% of 37,592 sector peers (NACE 70, financial year 2024). The computed 12-month bankruptcy probability is 0.2% (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.
- CREAD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, geen wijziging van taalregime” (deed in Dutch)
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.
- “Met of zonder beperking,zonder bepaling onbepaalde duur, één of meer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of June at 14:00