CustoRec
ActiveSummary
CustoRec has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €138,319 and a net result of €140,390. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 29% of 3,001 sector peers (NACE 86, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- CustoRec
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, mag bij enkel besluit bestuursorgaan exploitatiezetels oprichten of opheffen wanneer en waar nodig voor zover geen wijziging…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Artikel 11, algemene vergadering bepaalt aantal,duur,bevoegdheid indien meerdere” (deed in Dutch)“Artikel 12, meest uitgebreide machten in alle omstandigheden namens vennootschap nodig of dienstig tot verwezenlijking voorwerp” (deed in Dutch)“Vaste of evenredige vergoeding, Artikel 13” (deed in Dutch)
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Vaste vertegenwoordiger, uitvoering van de opdracht in naam en voor rekening van de rechtspersoon” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, overdrachten en overgangen slechts uitwerking tegenover vennootschap en derden vanaf inschrijving in register,certificaten…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs in oorspronkelijke bekendmaking, rechten waarvan overdracht voorgesteld” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, 15” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of May at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed