Summary
VESCO is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €1.9m and a net result of €218,465. Equity remains stable across the filed financial years (±2.2% per year). Its solvency ranks better than 86% of 3,016 sector peers (NACE 64, financial year 2025). The company has been active since 2004 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.
- VESCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, 13” (deed in Dutch)“15, algemene kosten los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)“Onmiddellijke beëindiging functie, 16” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aangetekend schrijven gelijktijdig met identiteit kandidaat-overnemer, aantal, voorwaarden inclusief prijs, Artikel 9 - overdracht onder…” (deed in Dutch)“Artikel 10 - overdracht onder levenden goedkeuringsregeling, aangetekend schrijven kandidaat-overnemer en kandidaat-overdrager om…” (deed in Dutch)“Overgang van aandelen ten gevolge van overlijden, helft erfgenamen en/of legatarissen,helft aandeelhouders pro rata aandelenbezit inclusief…” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 March at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, recht algemene vergadering om één of…” (deed in Dutch)