VERMACO
ActiveSummary
VERMACO has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €752,810 and a net result of €82,821. Equity is growing by about 4.7% per year across the filed financial years. Its solvency ranks better than 92% of 9,849 sector peers (NACE 43, 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 bouwstoffen en bouwmaterialen; Kopen,verkopen en beheer van onroerende goederen; Bouwonderneming voor overheids- en…” (deed in Dutch)
3 activities (deed in Dutch)
- Groot- en kleinhandel in bouwstoffen en bouwmaterialen;
- Kopen,verkopen en beheer van onroerende goederen;
- Bouwonderneming voor overheids- en particuliere werken.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VERMACO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Artikel 2.-Zetel, vennootschap mag bij enkel besluit van bestuursorgaan exploitatiezetels oprichten of opheffen wanneer en waar zij het…” (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.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, Artikel 8.-Aard van de aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of March at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging overeenkomstig toepasselijke wettelijke bepalingen, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) indien geen andere vereffenaar benoemd, onverminderd ontbinding en sluiting vereffening in één…” (deed in Dutch)