EURACON
ActiveSummary
EURACON has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €146,078 and a net result of €32,162, of which €64,082 non-recurring income. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 39% of 8,539 sector peers (NACE 73, 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.
- EURACON
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover verplaatsing overeenkomstig toepasselijke taalwetgeving niet verplicht tot wijziging taal statuten” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, één of meer bestuurders” (deed in Dutch)“Collegiaal bestuursorgaan, drie of meer bestuurders aangesteld” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Artikel 8” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien nog maar één aandeelhouder kan deze geheel of deel vrij overdragen” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, per e-mail,voor personen zonder e-mail per gewone post op zelfde dag als e-mail” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissende in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bij ontbinding behoudens…” (deed in Dutch)