WERLO
ActiveSummary
WERLO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.4m and a net result of -€12,230. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 83% of 2,048 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very 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.
- WERLO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “8810 Lichtervelde,Kasteelstraat 4” (deed in Dutch)“Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Taakverdelingen tussen diverse bestuurders, alsook kwalitatieve of kwantitatieve bevoegdheidsbeperkingen die in de statuten of door de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, 1” (deed in Dutch)“Alle handelingen nodig of nuttig voor verwezenlijking voorwerp, die wet of statuten aan algemene vergadering voorbehouden” (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 June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle activa gerealiseerd tenzij algemene vergadering anders beslist, vereffenaar(s)” (deed in Dutch)“Tenzij vereffening overeenkomstig artikel 2:80 WVV, ondernemingsrechtbank” (deed in Dutch)1 more provision on this in the deed