Summary
PRODECO M&I is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.2m and a net result of €136,574. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 82% of 9,718 sector peers (NACE 64, financial year 2025). The company has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- PRODECO M&I
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “3. Ingeval er slechts één bestuurder is, zal hij de bovengenoemde machten uitoefenen en kan hij dezelfde bevoegdheidsoverdrachten doen…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, onbepaalde duur” (deed in Dutch)“Niet-statutaire bestuurders, algemene vergadering” (deed in Dutch)“Handelingen waarvoor alleen algemene vergadering bevoegd is volgens WVV, alle handelingen nodig of dienstig voor verwezenlijking voorwerp” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Onverminderd rechten bevoorrechte schuldeisers, vereffenaar betaalt alle schulden naar evenredigheid zonder onderscheid tussen opeisbare en…” (deed in Dutch)