REC XVI
ActiveSummary
REC XVI has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€1.7m) and a net result of -€68,495. Equity is shrinking by about 5% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (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.
- REC XVI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bij de benoeming van een bestuurder zal de algemene vergadering vastleggen tot welke categorie de betrokken bestuurder behoort. De raad van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Alle handelingen nodig of dienstig voor verwezenlijking voorwerp behoudens alleen algemene vergadering bevoegd volgens wet of statuten, 6…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of May at 17:00