FOCOM
ActiveSummary
FOCOM has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €203,190 and a net result of €394. Equity is growing by about 8.3% per year across the filed financial years. Its solvency ranks better than 14% of 3,853 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.
- FOCOM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “3, algemene vergadering kan mandaat elke bestuurder te allen tijde zonder opgave van redenen met onmiddellijke ingang beëindigen” (deed in Dutch)“Vergoeding bestuurders, of en in welke mate mandaat bezoldigd met vaste of variabele vergoeding” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vrij over onder levenden of bij overlijden, met inachtneming van goedkeuringsclausule” (deed in Dutch)“Betekeningen en kennisgevingen bij aangetekend schrijven op straffe van nietigheid, prijs geboden door oorspronkelijke kandidaat-overnemer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alleen,gezamenlijk,als college, 38” (deed in Dutch)“Alle verrichtingen vermeld in de wet, 39” (deed in Dutch)