Summary
ADOCO 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 €17,412 and a net result of €15,245. Its solvency ranks better than 53% of 9,680 sector peers (NACE 64, financial year 2025). The company has been active since 2025 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.
- ADOCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 23 - Vertegenwoordigingsbevoegdheid Iedere bestuurder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de vennootschap…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde termijn, algemene vergadering kan mandaat niet-statutair benoemde bestuurder te allen tijde zonder opgave redenen met…” (deed in Dutch)“Uitoefening deel bevoegdheid ten titel bijzondere volmacht aan derde aangestelde, indien meerdere bestuurders dient volmacht gezamenlijk…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Dividendrecht en uitkeringen van (liquidatie) reserves aan vruchtgebruiker tenzij anders overeengekomen, gelijk aandeel” (deed in Dutch)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed