FREVEC
ActiveSummary
FREVEC has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €290,065 and a net result of €46,687. Equity is growing by about 9.9% per year across the filed financial years. Its solvency ranks better than 54% of 17,093 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
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.
- “Natuurlijke personen of rechtspersonen, al dan niet aandeelhouder, één of meer bestuurders” (deed in Dutch)“Vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)“Dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat, bestuursorgaan” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 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 June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurders in functie indien geen andere benoemd” (deed in Dutch)