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KREATHERM

Active
Private limited companyfounded 1990active for 36 yearsHolbeekstraat 3, 9550 Herzele, BelgiumKBO/BCE: BE 0440.090.285
Summary

KREATHERM has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €126,871 and a net result of -€25,680. Equity is shrinking by about 6% per year across the filed financial years. Its solvency ranks better than 55% of 13,668 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).

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KREATHERMActiveChecked score 81/100
Risk analysis ReportCompare

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De groot- en kleinhandel in verwarmingselementen,ketels,branders en alle onderdelen en toebehoren in dat verband,dit alles in de meest ruime…” (deed in Dutch)
4 activities (deed in Dutch)
  1. De groot- en kleinhandel in verwarmingselementen,ketels,branders en alle onderdelen en toebehoren in dat verband,dit alles in de meest ruime betekenis van het woord
  2. Installaties in centrale verwarming
  3. Elektrotechnische installaties
  4. Sanitaire installaties en onderneming in loodgieterij

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
KREATHERM
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 18-12-2023

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, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
“Al dan niet in statuten benoemde bestuurder, ad nutum bij besluit algemene vergadering” (deed in Dutch)
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
2 provisions in the deed

deed of 18-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Last Saturday of May at 10:00

deed of 18-12-2023

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

Other provision: “Bestuursbevoegdheid enige bestuurder, geheel van bevoegdheden bestuursorgaan” (deed in Dutch)
Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur en vertegenwoordiging wat dat bestuur aangaat” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestemming van de winst-reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Nog in natura voorhanden goederen op zelfde wijze verdeeld, netto-actief onder alle aandeelhouders naar verhouding aantal aandelen” (deed in Dutch)
2 more provisions in the deed, see the deed of 18-12-2023

deed of 18-12-2023

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