Summary
HERBAR 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 €412,427 and a net result of -€389. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 55% of 9,714 sector peers (NACE 64, financial year 2025). The company has been active since 2004 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.
- HERBAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “2220 Heist-op-den-Berg,Kloosterstraat 5 bus 8, enkel Gewest” (deed in Dutch)“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene kosten, onbezoldigd” (deed in Dutch)“Bepaalde of onbepaalde termijn, vrijwillig,ten allen tijde,loutere kennisgeving aan vennootschap” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Behoudens door de rechter, algemene vergadering beraadslagend zoals inzake statutenwijziging” (deed in Dutch)“Beslissing algemene vergadering in vormen vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed