FAC
ActiveSummary
FAC has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €152,368 and a net result of €33,589. Equity is shrinking by about 5.8% per year across the filed financial years. Its solvency ranks better than 88% of 39,143 sector peers (NACE 70, 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.
- FAC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, door zorgen van bestuursorgaan in bijlage tot Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “ALGEMENE VERGADERING: De gewone algemene vergadering van aandeelhouders, jaarvergadering genoemd, moet ieder jaar worden bijeengeroepen op…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten in artikel 2:87 WVV zonder bijzondere machtiging, te allen tijde bij gewone meerderheid door algemene vergadering” (deed in Dutch)