GERCRO
ActiveSummary
GERCRO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €123,433 and a net result of €3,704. Equity is growing by about 3% per year across the filed financial years. Its solvency ranks better than 79% of 9,797 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groothandel en detailhandel in volgende producten:centrale verwarming,sanitair en elektrische materialen” (deed in Dutch)
Text of the purpose (deed in Dutch)
“Groothandel en detailhandel in volgende producten:centrale verwarming,sanitair en elektrische materialen.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GERCRO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams gewest, België of buitenland” (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.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Handelingen die wet of statuten aan algemene vergadering voorbehouden, geheel van bevoegdheden toegekend” (deed in Dutch)“Al dan niet ten kosteloze titel, algemene kosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Register van aandelen op naam met vermeldingen voorgeschreven door het Wetboek van vennootschappen en verenigingen, aandeelhouders mogen…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Voor helft ten laste van overdrager en helft ten laste van koper(s),naar evenredigheid bij meerdere kopers, elke overdracht onder…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en wanneer ook, indien geen andere vereffenaar benoemd” (deed in Dutch)