KRUG
ActiveSummary
KRUG has been active since 2003 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 €306,015. Equity is shrinking by about 2.6% per year across the filed financial years. Its solvency ranks better than 80% of 8,541 sector peers (NACE 73, 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.
- KRUG
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, neerlegging uittreksel besluit bestuursorgaan voor publicatie bijlagen Belgisch Staatsblad en wijziging inschrijving…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, hoofdelijk met rechtspersoon alsof eigen mandaat” (deed in Dutch)“Tenzij anders in benoemingsbesluit of andersluidende beslissing algemene vergadering” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Gelijk aandeel, 1” (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 November at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Goederen nog in natura op zelfde wijze, eerst schuldeisers en kosten vereffening” (deed in Dutch)