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RED CODE

Active
Public limited companyfounded 1990active for 36 yearsKwekelaarstraat 3, 1785 Merchtem, BelgiumKBO/BCE: BE 0440.165.412
Summary

RED CODE has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7.1m and a net result of €195,214. Equity remains stable across the filed financial years (±1.7% per year). Its solvency ranks better than 65% of 10,757 sector peers (NACE 70, 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.
RED CODE
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, overbrenging naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands taalgebied door…” (deed in Dutch)

deed of 06-08-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Artikel 20: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
Board ruleHow the board is made up, meets and takes decisions.
“13, algemene vergadering” (deed in Dutch)
“18, alle handelingen die nodig of dienstig zijn tot verwezenlijking van het voorwerp” (deed in Dutch)

deed of 06-08-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 10:00

deed of 06-08-2024

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

Other provision: “Raad bepaalt of zij alleen dan wel gezamenlijk optreden, dagelijks bestuur” (deed in Dutch)
1 more provision in the deed, see the deed of 06-08-2024

deed of 06-08-2024