VIRIDE
ActiveSummary
VIRIDE has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17.0m and a net result of €1.3m. Equity is shrinking by about 28% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2027. Its solvency ranks better than 81% of 557 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is 0.9% (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.
- VIRIDE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)