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GERO

Active
Private limited companyfounded 1988active for 38 yearsGrensstraat 18, 8691 Alveringem, BelgiumKBO/BCE: BE 0433.603.262
Summary

GERO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €469,917 and a net result of €30,530. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 58% of 2,048 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very 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.
GERO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, door zorgen bestuursorgaan in bijlage tot Belgisch Staatsblad” (deed in Dutch)

deed of 15-07-2024

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.
“Algemene vergadering, aantal duur opdracht en bij meerdere bevoegdheid” (deed in Dutch)
“Vaste of evenredige vergoeding, al dan niet ten kosteloze titel” (deed in Dutch)

deed of 15-07-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Thursday of May at 19:00

deed of 15-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 15-07-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Inbrengen, gelijk recht in winstverdeling” (deed in Dutch)
Other provision: “Statutair onbeschikbare eigen vermogensrekening” (deed in Dutch)
Other provision: “Ten minste vijftien dagen te rekenen van dag openstelling intekening, Inbreng in geld met uitgifte van nieuwe aandelen-Recht van voorkeur” (deed in Dutch)
Other provision: “Alleen dan wel gezamenlijk zoals bestuursorgaan bepaalt, Dagelijks bestuur” (deed in Dutch)
Other provision: “Drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Door de vennootschap ter beschikking gesteld elektronisch communicatiemiddel, elektronische algemene vergadering” (deed in Dutch)
Other provision: “Bestemming van winst–reserves, winst lopende boekjaar of winst voorgaande boekjaar” (deed in Dutch)
Liquidation distribution: “Na aanzuivering van alle schulden,lasten en kosten of consignatie, naar verhouding van aantal aandelen” (deed in Dutch)
Other provision: “Woonstkeuze, mededelingen,aanmaningen,dagvaardingen en betekeningen geldig” (deed in Dutch)
Other provision: “Rechtbank in wiens rechtsgebied de zetel is gevestigd, betwisting omtrent zaken van vennootschap en uitvoering statuten tussen…” (deed in Dutch)
Other provision: “Gemeen recht” (deed in Dutch)
3 more provisions in the deed, see the deed of 15-07-2024

deed of 15-07-2024