PRACOFUN
ActiveSummary
PRACOFUN has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.5m and a net result of €22,557. Equity remains stable across the filed financial years (±1.6% per year). The computed 12-month bankruptcy probability is 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.
- Pracofun
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, alle machten om op authentieke wijze eventuele statutenwijziging vast te stellen” (deed in Dutch)“Vlaamse Gewest, bij enkele beslissing bestuursorgaan bestuurlijke zetels,exploitatiezetels,agentschappen en bijhuizen oprichten wanneer en…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht aandelen en andere effecten, helft overdrager helft koper(s) naar evenredigheid verworven aantal” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V: ALGEMENE VERGADERING. Artikel zestien : Bevoegdheden De algemene vergadering van aandeelhouders heeft de bevoegdheid om de…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering als statutenwijziging of unanimiteit, voor vereffening” (deed in Dutch)