FraBu
ActiveSummary
FraBu has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €22,474 and a net result of €21,514. Its solvency ranks better than 37% of 3,376 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.2% (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.
- FraBu
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders natuurlijke personen of rechtspersonen al dan niet aandeelhouder, met of zonder beperking van duur” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Aandeelhouders betreffende hun effecten, aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s) naar evenredigheid verworven aantal bij meer kopers, ook bij weigering erfgenaam/legataris, in gemeen…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Titel V - Algemene vergadering Artikel 15. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding door beslissing algemene vergadering, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten” (deed in Dutch)