Summary
Framat is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €38,768 and a net result of €33,968. Its solvency ranks better than 21% of 9,714 sector peers (NACE 64, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- Framat
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij beslissing bestuursorgaan exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of…” (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
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoeming-Ontslag, Artikel 9” (deed in Dutch)“Alle handelingen nodig of nuttig voor verwezenlijking voorwerp, Bestuur-vertegenwoordiging” (deed in Dutch)“Vergoeding van de bestuurders, Artikel 11” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding op elk moment door beslissing algemene vergadering, met inachtneming vereisten voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en sluiting vereffening in één akte mogelijk, Onmiddellijke sluiting van vereffening” (deed in Dutch)“Benoeming van vereffenaars, bestuurders in functie op tijdstip ontbinding gelden ten aanzien van derden van rechtswege als vereffenaars…” (deed in Dutch)