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HERCUL

Active
Private limited companyfounded 2018active for 8 yearsVeldstraat 14, 8850 Ardooie, BelgiumKBO/BCE: BE 0705.931.356
Summary

HERCUL has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €36,436 and a net result of €167,836. Equity is shrinking by about 23% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 13% of 21,080 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Articles of association

What the company does

Name clauseThe name the company operates under according to its articles.
HERCUL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 27-06-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Een of meer bestuurders, algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid” (deed in Dutch)
“Slechts met eenparig goedvinden van de aandeelhouders, om wettige redenen geheel of gedeeltelijk door algemene vergadering bij meerderheid…” (deed in Dutch)

deed of 27-06-2023

Meetings and financial year

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

deed of 27-06-2023

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

Other provision: “Stemrecht” (deed in Dutch)
Other provision: “Lopende verbintenissen en jaarrekening ten laste of ten bate van besloten vennootschap” (deed in Dutch)
Other provision: “Schriftelijke volmacht aan ieder ander persoon met alle middelen van overdracht, toelating algemene vergadering-stemrecht” (deed in Dutch)
Other provision: “Aanleggen reserves-winstverdeling, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten,kosten of consignatie en herstel evenwicht bij niet-volgestorte aandelen, netto actief naar verhouding…” (deed in Dutch)
1 more provision in the deed, see the deed of 27-06-2023

deed of 27-06-2023