Summary
Vlevaco 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 €23,553 and a net result of €230,911. Equity is shrinking by about 60% per year across the filed financial years. Its solvency ranks better than 6% of 6,651 sector peers (NACE 64, financial year 2025). The company has been active since 2012 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.
- Vlevaco
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, alle machten om op authentieke wijze statutenwijziging te doen vaststellen” (deed in Dutch)“Voor zover geen wijziging taalregime, oprichten of opheffen bij enkel besluit bestuursorgaan wanneer en waar nodig” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien de vennootschap door meer dan één bestuurder wordt bestuurd, mag iedere bestuurder, alleen optredend, alle handelingen stellen die…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, door één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Om gewichtige redenen geheel of gedeeltelijk door besluit algemene vergadering met vereisten statutenwijziging, geheel bevoegdheden…” (deed in Dutch)“Bestuursorgaan bepaalt of zij alleen dan wel gezamenlijk optreden, bestuursorgaan stelt toekenningen en verloning vast,kan hen op elk…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “AANLEG VAN RESERVES-VERDELING VAN DE WINST, elk aandeel gelijk aandeel in winstverdeling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of March at 16:30