VARACO
ActiveSummary
VARACO has been active since 1974 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €165,125 and a net result of €5,714. Equity remains stable across the filed financial years (±1.7% per year). 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.
- VARACO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)“Verplaatsing zetel binnen België, voor zover geen wijziging taal statuten per taalwetgeving” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTIKEL 21 - EXTERNE VERTEGENWOORDIGINGSMACHT De vennootschap wordt ten aanzien van derden rechtsgeldig verbonden, overeenkomstig de wet…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, minimum aantal door wet voorgeschreven” (deed in Dutch)“Algemene vergadering, mandaat elke bestuurder beëindigen” (deed in Dutch)2 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Bepalingen in eventuele aandeelhoudersovereenkomst onverminderd, moeten voldoen aan wettelijke voorwaarden” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 May at 15:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bij gebrek aan benoeming vereffening door bestuursorgaan in functie” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen vermeld in wet” (deed in Dutch)