Summary
VERARTCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2026 annual accounts show equity of €1.2m and a net result of €78,459. Equity remains stable across the filed financial years (±0.2% per year). Its solvency ranks better than 63% of 246 sector peers (NACE 64, financial year 2026). The company has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- VERARTCO
- 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.
- “De besluiten van het bestuursorgaan worden vastgelegd in notulen die ondertekend worden door de voorzitter van de vergadering en de leden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 1” (deed in Dutch)“Algemene vergadering, onbepaalde duur” (deed in Dutch)“Alle handelingen verrichten die nodig of dienstig zijn tot verwezenlijking van voorwerp, handelingen die wet of statuten aan algemene…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of October at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Met inachtneming vereisten statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle machten genoemd in artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, één of meer vereffenaars…” (deed in Dutch)