ESPEL
ActiveSummary
ESPEL has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €205,262 and a net result of €400. Equity remains stable across the filed financial years (±2.3% per year). Its solvency ranks better than 45% of 937 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 1.4% (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.
- ESPEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions 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 September at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Bevoegdheden en bezoldiging, in functie zijnde bestuurder(s) tenzij algemene vergadering een of meerdere vereffenaars aanstelt” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed