CRELEM SHOPS
ActiveSummary
The computed 12-month bankruptcy probability of CRELEM SHOPS is 6.2% (elevated). The 2025 annual accounts show negative equity (-€224,533) and a net result of -€160,847. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 5% of 788 sector peers (NACE 10, financial year 2025). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- CRELEM SHOPS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland” (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.
- “Een of meer, natuurlijke personen of rechtspersonen” (deed in Dutch)“Alle handelingen nodig of nuttig voor voorwerp, door wet of statuten aan algemene vergadering voorbehouden” (deed in Dutch)“Gewone meerderheid, tenzij anders beslist door algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste overdrager en helft ten laste koper(s) naar evenredigheid indien meerdere kopers,ook bij weigering erfgenaam of…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Volgestort bij uitgifte, tenzij algemene vergadering anders beslist” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of March at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed