EURECO
ActiveSummary
EURECO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.2m and a net result of €35,866, of which €20,450 non-recurring income. Equity is growing by about 28% per year across the filed financial years. Its solvency ranks better than 30% of 540 sector peers (NACE 77, 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.
- EURECO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Bevoegdheden bestuursorgaan, raad_kan_onder_aansprakelijkheid_één_of_meer_adviserende_comites_oprichten_met_samenstelling_en_opdracht” (deed in Dutch)3 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na aanzuivering schulden,lasten,kosten of consignatie, netto-actief in geld of effecten naar verhouding aantal aandelen” (deed in Dutch)