ELFRA
ActiveSummary
ELFRA has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €329,068 and a net result of €146,908. Equity is growing by about 4.6% per year across the filed financial years. 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.
- Elfra
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, geen wijziging taalregime” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Jaarlijks op de tweede maandag van de maand september te twintig uur wordt de gewone algemene vergadering gehouden op de zetel van de…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Conclusies controleverslag commissaris/revisor/accountant over staat activa en passiva niet ouder dan drie maanden gevoegd bij bijzonder…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onbepaalde duur tenzij algemene vergadering anders beslist, meest uitgebreide machten tot goed einde vereffening” (deed in Dutch)