FRACHA
ActiveSummary
FRACHA has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €393,629 and a net result of -€17,442. Equity is growing by about 3.1% per year across the filed financial years. Its solvency ranks better than 29% of 2,064 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het uitbaten van een land- en tuinbouwbedrijf, dit in de meest ruime zin; De aan- en verkoop, import en export van landbouwproducten; De…” (deed in Dutch)
5 activities (deed in Dutch)
- Het uitbaten van een land- en tuinbouwbedrijf, dit in de meest ruime zin
- De aan- en verkoop, import en export van landbouwproducten
- De aan- en verkoop, import en export van meststoffen, bestrijdingsmiddelen, plantgoed en potgrond
- Het produceren, kopen, verkopen, bewerken, stockeren, triëren en verwerken van alle land- en tuinbouwproducten
- Het aannemen van alle landbouwwerken
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FRACHA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan” (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
- Daily managementWho may handle the everyday running of the business without the full board.
- The board decides whether the delegates act alone or jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of August at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Hernieuwbare termijn van drie jaar, één of meerdere commissarissen” (deed in Dutch)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten” (deed in Dutch)