Summary
EDGICA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €41.6m and a net result of -€794,689. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 66% of 3,022 sector peers (NACE 64, financial year 2025). The company has been active since 2001 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.
- EDGICA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams 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.
- “Uitvoering opdracht bestuurder in naam en voor rekening rechtspersoon, zelfde regels openbaarmaking alsof in eigen naam en voor eigen…” (deed in Dutch)“Enige bestuurder, geheel van bestuursbevoegdheden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffeningsprocedure met één of meerdere vereffenaars, verdeeld onder alle aandeelhouders naar verhouding aantal aandelen;goederen in…” (deed in Dutch)