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FESTERS

Active
Private limited companyfounded 1986active for 40 yearsTongersesteenweg 171, 3770 Riemst, BelgiumKBO/BCE: BE 0428.804.930
Summary

FESTERS has been active since 1986 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.3m and a net result of €66,814. Equity is growing by about 3.6% per year across the filed financial years. Its solvency ranks better than 88% of 9,760 sector peers (NACE 43, 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.
FESTERS
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bij eenvoudige beslissing bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren…” (deed in Dutch)

deed of 03-06-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Bestuurder, Artikel 14” (deed in Dutch)

deed of 03-06-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“1500, gelijk stemrecht” (deed in Dutch)
“Op naam, volgnummer” (deed in Dutch)

deed of 03-06-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
“Artikel 21. Ieder jaar wordt een gewone algemene vergadering van aandeelhouders gehouden op de zetel of op een andere in de bijeenroepingen…” (deed in Dutch)

deed of 03-06-2024

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

Other provision: “Handelingen en beslissingen die tussenkomst bestuursorgaan niet verantwoorden omwille van gering belang of spoedeisend karakter, dagelijks…” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden, lasten en kosten of consignatie nodige sommen en herstelling evenwicht bij niet-volgestorte aandelen door bijkomende…” (deed in Dutch)
3 more provisions in the deed, see the deed of 03-06-2024

deed of 03-06-2024