ELFABO
ActiveSummary
ELFABO has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,703 and a net result of -€1,610. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 30% of 17,042 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (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.
- ELFABO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij beslissing bestuursorgaan exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Artikel 10, met of zonder beperking van duur” (deed in Dutch)6 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, Artikel 5 - Aantal en aard van de aandelen - Aan de aandelen verbonden rechten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aanstelling deskundige en alle procedurekosten voor helft door erfgenamen,legatarissen of rechthebbenden gezamenlijk en voor andere helft…” (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.
- Third Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Afsluiting lopende boekjaar, op elk moment” (deed in Dutch)“Ontbinding en sluiting vereffening in één akte, ontbinding met dadelijke sluiting van vereffening” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming van vereffenaars, alle machten die wet,statuten of benoemingsbesluit bepaald” (deed in Dutch)