DEVAR
ActiveSummary
DEVAR has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of €293,639. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 80% of 2,064 sector peers (NACE 01, 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.
- DEVAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “2” (deed in Dutch)“Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder,benoemd met of zonder beperking van duur” (deed in Dutch)“Alle handelingen stellen die nodig of nuttig zijn voor de verwezenlijking van het voorwerp,behalve deze die de wet of de statuten aan de…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Gewone algemene vergadering: Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel of op elke andere…” (deed in Dutch)