VERA
ActiveSummary
VERA has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.9m and a net result of €165,460. Equity is growing by about 8.2% per year across the filed financial years. Its solvency ranks better than 70% of 12,661 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groot-en kleinhandel in groenten en fruit, ijzerwaren, verf, vernissen, kleurstoffen, sproeistoffen” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VERA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, kan worden overgebracht naar om het even welke plaats in het tweetalig gebied Brussel Hoofdstad of in het Nederlands…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Individueel optreden, gedelegeerd bestuurder” (deed in Dutch)8 more provisions on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Volgestorte aandelen zijn op naam of gedematerialiseerd, register van aandelen op naam dat op de vennootschapszetel wordt bijgehouden en…” (deed in Dutch)“Behoudens andersluidende bijzondere bepaling in deze statuten, of in het testament of de overeenkomst waarbij het vruchtgebruik is tot stand…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdrachten en overgangen van aandelen aan derden, niet aandeelhouders van de vennootschap, aangetekende brief” (deed in Dutch)5 more provisions on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of December at 19:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Op de algemene vergadering geeft ieder aandeel recht op één stem, onder voorbehoud van de wettelijke en statutaire bepalingen betreffende de…” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij gebrek aan benoeming door de algemene vergadering geschiedt de vereffening door het bestuursorgaan dat op dat ogenblik in functie is en…” (deed in Dutch)“De vereffenaars zijn bevoegd tot alle verrichtingen vermeld in de wet, tenzij de algemene vergadering anders besluit, bij gewone meerderheid…” (deed in Dutch)