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PSR 8870

Active
Public limited companyfounded 2007active for 18 yearsTragel 60, 9308 Aalst, Belgium106 active companies are registered at this addressKBO/BCE: BE 0894.475.897
Summary

PSR 8870 has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €690,154 and a net result of €154,711. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 50% of 5,778 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Het bouwen,verbouwen,oprichten en doen oprichten,het aankopen en verkopen,het huren en verhuren,het in leasing nemen en in leasing geven,het…” (deed in Dutch)
Text of the purpose (deed in Dutch)

“Het bouwen,verbouwen,oprichten en doen oprichten,het aankopen en verkopen,het huren en verhuren,het in leasing nemen en in leasing geven,het uitbaten,beheren en onderhouden van onroerende goederen,het verwerven en vestigen van zakelijke en persoonlijke rechten op onroerende goederen,de projectontwikkeling en in het algemeen alle verrichtingen met betrekking tot onroerende goederen.”

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.
PSR 8870
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 26-02-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Overeenkomstig artikel 17 van de statuten vertegenwoordigt de raad van bestuur de vennootschap jegens derden en in rechte als eiser of als…”
deed of 13-03-2026
Board ruleHow the board is made up, meets and takes decisions.
“Raad van bestuur, 3” (deed in Dutch)
“Alle handelingen stellen die nodig of nuttig zijn voor verwezenlijking van het voorwerp,behalve deze die wet of statuten aan algemene…” (deed in Dutch)
deed of 26-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Tuesday of June

deed of 26-02-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Meest uitgebreide bevoegdheden voorzien bij wet tenzij akte van benoeming anders bepaalt, ontbinding met vereffening” (deed in Dutch)

deed of 26-02-2024

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

Other provision: “Bevoegdheid algemene vergadering” (deed in Dutch)
6 more provisions in the deed, see the deed of 26-02-2024

deed of 26-02-2024