VADES
ActiveSummary
VADES has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.8m and a net result of -€77,742. Equity is shrinking by about 32% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 73% of 17,042 sector peers (NACE 68, 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.
- VADES
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Enige bestuurder, individueel” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “3. De raad van bestuur mag bijzondere volmachten verlenen aan één of meer personen. De vennootschap wordt geldig vertegenwoordigd door deze…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, op elk moment door beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij gebrek aan benoeming door bestuursorgaan in functie als college van vereffenaars, vergadering besluit of alleen,gezamenlijk,dan wel als…” (deed in Dutch)