DERUCO
ActiveSummary
DERUCO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €475,014 and a net result of -€19,124. Equity is shrinking by about 3.2% per year across the filed financial years. Its solvency ranks better than 34% of 11,120 sector peers (NACE 68, financial year 2025). 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.
- Deruco
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, oprichting of opheffing van administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen bij enkel besluit van…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, enige bestuurder” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandelen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht en overgang van aandelen, naar boven bij halve eenheid of meer,naar beneden bij kleiner dan half” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)“Alle verrichtingen vermeld in wet, bevoegdheden vereffenaars” (deed in Dutch)