ERASMUS
ActiveSummary
ERASMUS has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €470,078 and a net result of €425,141, of which €603,366 non-recurring income. Equity remains stable across the filed financial years (±0.9% per year). 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.
- ERASMUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, onbepaalde duur bij gebrek bepaling” (deed in Dutch)“Al dan niet ten kosteloze titel, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Share issue ruleHow and by whom new shares can be issued.
- “Artikel 8.Inbreng in geld met uitgifte nieuwe aandelen–Recht van voorkeur, voorkeurrecht toe aan eigenaar-pandgever” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Kan op elk moment worden ontbonden door algemene vergadering beslissende in vormen vereist voor statutenwijziging, Artikel 26” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 27, bestuurder(s)in functie aangewezen als vereffenaar(s)krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)