ENGELS CONSTRUCT
ActiveSummary
ENGELS CONSTRUCT has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €166,140 and a net result of €16,384. Equity is growing by about 9.1% per year across the filed financial years. Its solvency ranks better than 58% of 9,288 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 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.
- ENGELS CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders aan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Bevoegde rechtbank op verzoek meest gerede partij, nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van aantal aandelen in bezit, per gewone post voor personen zonder e-mailadres” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 24, bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)