Skip to content

KRECO

Active
Public limited companyfounded 1990active for 35 yearsHeirbaan 65, 3620 Lanaken, BelgiumKBO/BCE: BE 0442.441.447
Summary

KRECO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.0m and a net result of €327,902. Equity is growing by about 33% per year across the filed financial years. Its solvency ranks better than 28% of 360 sector peers (NACE 23, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
KRECOActiveChecked score 95/100
Risk analysis ReportCompare

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.
KRECO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)

deed of 10-07-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
The sole director
Board ruleHow the board is made up, meets and takes decisions.
“Raad van bestuur, 3” (deed in Dutch)
1 more provision on this in the deed

deed of 10-07-2024

Meetings and financial year

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

deed of 10-07-2024

Oversight and winding up

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

deed of 10-07-2024

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

Other provision: “Bijeenroeping raad van bestuur, per telefoon of videoconferentie” (deed in Dutch)
Other provision: “Besluitvorming raad van bestuur, tenminste de helft aanwezig of vertegenwoordigd” (deed in Dutch)
Other provision: “Bevoegdheden raad van bestuur, behoudens die waarvoor wet of statuten alleen algemene vergadering bevoegd” (deed in Dutch)
Other provision: “Individueel optreden, dagelijks bestuur bij raad van bestuur” (deed in Dutch)
Other provision: “Enige bestuurder, algemene vergadering besluit slechts één bestuurder te benoemen” (deed in Dutch)
Other provision: “Bevoegdheden enige bestuurder, geheel bestuursbevoegdheden” (deed in Dutch)
Other provision: “Dagelijks bestuur bij enige bestuurder, op elk ogenblik” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Elektronisch communicatiemiddel ter beschikking gesteld, elektronische algemene vergadering-deelneming op afstand” (deed in Dutch)
Other provision: “Stemmen op afstand vóór vergadering, raad van bestuur” (deed in Dutch)
Other provision: “Stemrecht, wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
Other provision: “Bestemming winst, jaarvergadering bij gewone meerderheid” (deed in Dutch)
Liquidation distribution: “Netto actief en natura goederen naar verhouding aantal aandelen, aanzuivering schulden lasten kosten of consignatie” (deed in Dutch)
6 more provisions in the deed, see the deed of 10-07-2024

deed of 10-07-2024

We would like to set cookies. That happens only with your consent. What we measure