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FERACO

Active
Private limited companyfounded 1999active for 26 yearsVlasbloemstraat 14, 8860 Lendelede, BelgiumKBO/BCE: BE 0468.028.661
Summary

FERACO has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €47,949 and a net result of €3,198. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 44% of 34,855 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tussenpersoon in de handel; Groot- en kleinhandel in meubelen en keuken- en badkamermeubelen” (deed in Dutch)
2 activities (deed in Dutch)
  1. Tussenpersoon in de handel.
  2. Groot- en kleinhandel in meubelen en keuken- en badkamermeubelen.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
FERACO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest” (deed in Dutch)

deed of 06-09-2023

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.
“1” (deed in Dutch)
“Één of meer bestuurders, onbepaalde duur” (deed in Dutch)
“Steeds beëindigbaar wegens wettige reden, kennisgeving aan bestuursorgaan” (deed in Dutch)

deed of 06-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of February at 18:00

deed of 06-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering ontbonden vennootschap kan te allen tijde bij gewone meerderheid benoemen en ontslaan, bij meer dan één vereffenaar…” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Alle handelingen nodig of dienstig voor vereffening conform artikel 2:87 en volgende WVV, tenzij akte van benoeming of rechterlijke…” (deed in Dutch)

deed of 06-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur, alleen dan wel gezamenlijk zoals bestuursorgaan bepaalt” (deed in Dutch)
Other provision: “Één of meer commissarissen, controle van de vennootschap” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan rekening houdend wettelijke bepalingen” (deed in Dutch)
Liquidation distribution: “Netto actief verdeeld onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura opzelfde wijze, na aanzuivering…” (deed in Dutch)
Other provision: “Statutair onbeschikbaar eigen vermogen” (deed in Dutch)
Other provision: “Stortingsplicht” (deed in Dutch)
Other provision: “Aard van de aandelen” (deed in Dutch)
Other provision: “Vaste vertegenwoordiger rechtspersoon-bestuurder” (deed in Dutch)
1 more provision in the deed, see the deed of 06-09-2023

deed of 06-09-2023