VASADE
ActiveSummary
VASADE has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€59,425) and a net result of -€62,425. The computed 12-month bankruptcy probability is 1.0% (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.
- VASADE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het bestuursorgaan bepaalt of zij alleen, dan wel gezamenlijk optreden. De gedelegeerden voor het dagelijks bestuur kunnen in het kader van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Op verzoek van vennootschap tot redelijke vervanging, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Buitengewone algemene vergadering met vormvereisten, aanwezigheidsquorum en meerderheid Wetboek van vennootschappen en verenigingen, indien…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed