ERA-11
ActiveSummary
ERA-11 has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €435,219 and a net result of €6,742. Equity is growing by about 5.4% per year across the filed financial years. Its solvency ranks better than 82% of 2,436 sector peers (NACE 43, 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.
- ERA-M-11
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. Vertegenwoordiging van de vennootschap 1. De vennootschap wordt ten overstaan van derden, voor het gerecht en in akten met…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam of gedematerialiseerd, Artikel 7” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening door de enige bestuurder dat op dat ogenblik in functie is bij gebrek aan benoeming, Bij ontbinding van de vennootschap,om welke…” (deed in Dutch)