GEURTS
ActiveSummary
GEURTS has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €459,846 and a net result of €2,488. Equity is shrinking by about 4.9% per year across the filed financial years. Its solvency ranks better than 95% of 10,777 sector peers (NACE 70, 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.
- GEURTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels, agentschappen, ateliers, opslagplaatsen, bijhuizen, exploitatiezetels” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Van benoemende vergadering tot jaarlijkse vergadering in boekjaar van verstrijken volgens benoemingsbesluit tenzij statuten of besluit…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam met volgnummer, Artikel 9” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onder levenden,bij overlijden van aandeelhouder, Artikel 12” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, een of meer door algemene vergadering” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen in wet vermeld” (deed in Dutch)“Wijze van vereffening, netto-actief in geld of effecten naar verhouding aantal aandelen en goederen in natura zelfde” (deed in Dutch)