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VAES

Active
Public limited companyfounded 1991active for 34 yearsKapelstraat 53, 3900 Pelt, BelgiumKBO/BCE: BE 0446.070.930
Summary

VAES has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €141,568 and a net result of €19,898. Equity is shrinking by about 6.3% per year across the filed financial years. Its solvency ranks better than 78% of 9,810 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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VAESActiveChecked score 96/100
Risk analysis ReportCompare

Articles of association

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Algemene kosten, na de eerste jaarvergadering na het verstrijken van de termijn” (deed in Dutch)
“Algemene vergadering, overblijvende bestuurders” (deed in Dutch)

deed of 19-09-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, 1500” (deed in Dutch)

deed of 19-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of June at 20:00

deed of 19-09-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Betaling schulden,lasten en kosten of consignatie nodige gelden, voorzitter ondernemingsrechtbank” (deed in Dutch)

deed of 19-09-2023

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

Other provision: “Uitgifte van effecten” (deed in Dutch)
Other provision: “Volstorting van de aandelen, bestuurders” (deed in Dutch)
Other provision: “Kapitaalvermindering, overeenkomstig de voorwaarden en modaliteiten opgelegd door het Wetboek van Vennootschappen en Verenigingen” (deed in Dutch)
Other provision: “Voorzitter of bij afwezigheid oudste aanwezige bestuurder, bijeenroeping-beraadslaging raad van bestuur” (deed in Dutch)
Other provision: “Dag laatste bestuurder ondertekent, schriftelijke besluitvorming raad van bestuur” (deed in Dutch)
Other provision: “Stemrecht en algemene vergadering, wettelijke en statutaire bepalingen aandelen zonder stemrecht” (deed in Dutch)
1 more provision in the deed, see the deed of 19-09-2023

deed of 19-09-2023

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