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Vermago

Active
Public limited companyfounded 1972active for 53 yearsKortrijkstraat 56-58, 8700 Tielt, BelgiumKBO/BCE: BE 0412.752.222
Summary

Vermago has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €217,111 and a net result of -€22,063. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 29% of 5,019 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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.
VERMAGO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, administratieve zetels,agentschappen,ateliers,opslagplaatsen en bijhuizen oprichten of opheffen bij enkel besluit van…” (deed in Dutch)

deed of 07-08-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Blijft in functie als aantal daalt onder wettelijk minimum tot redelijkerwijze vervanging mogelijk, 6” (deed in Dutch)

deed of 07-08-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam, aard van de aandelen” (deed in Dutch)

deed of 07-08-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Fourth Saturday of June at 19:00

deed of 07-08-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
2 provisions in the deed

deed of 07-08-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Op naam met volgnummer, aard van de andere effecten” (deed in Dutch)
Other provision: “Afzonderlijk besluit of overeenkomst met betrokken bestuurder, algemene vergadering” (deed in Dutch)
Other provision: “Wat dat bestuur aangaat, gedelegeerd bestuurder” (deed in Dutch)
13 more provisions in the deed, see the deed of 07-08-2023

deed of 07-08-2023