Red River
ActiveSummary
The computed 12-month bankruptcy probability of Red River is 13.9% (high). The 2025 annual accounts show equity of €758 and a net result of -€1,242. Its solvency ranks better than 18% of 5,822 sector peers (NACE 49, financial year 2025). The company has been active since 2025 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags).
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 RIVER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “België of buitenland, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, een of meer bestuurders” (deed in Dutch)“Vergoeding bestuurders, al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager en helft koper(s), elke overdracht onder levenden,ten bezwarende of kosteloze titel,vrijwillig of gedwongen,uitsluiting en…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Monday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht algemene vergadering een of meerdere vereffenaars aan te duiden,bevoegdheden te omlijnen,vergoeding te bepalen, ontbinding om welke…” (deed in Dutch)