REIC
ActiveSummary
REIC has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.4m and a net result of -€1,372. Equity remains stable across the filed financial years (±1.4% per year). Its solvency ranks better than 95% of 2,777 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 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.
- Real Estate International Company
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, oprichting bijhuizen,exploitatiezetels,administratieve zetels,filialen en agentschappen in België en buitenland bij besluit…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Enige bestuurder tenzij algemene vergadering meerdere bestuurders benoemt, natuurlijke personen en rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Bestuursorgaan, op naam” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Bijzondere volmachten De organen die in overeenstemming met het voorgaande de vennootschap kunnen vertegenwoordigen, kunnen gevolmachtigden…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding-vereffening-verdeling liquidatiesaldo, enige vereffenaar of elke vereffenaar individueel bevoegd voor alle nodige of dienstige…” (deed in Dutch)