AELCON
Active Risk: not assessedSummary
AELCON is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “43.211 Algemene elektrotechnische installatiewerken; 4.21 Elektrische installatie” (deed in Dutch)
2 activities (deed in Dutch)
- 43.211 Algemene elektrotechnische installatiewerken
- 4.21 Elektrische installatie
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- AELCON
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, zonder dat dit aanleiding mag geven tot een wijziging van de taal van de statuten” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, benoemd met of zonder beperking van duur” (deed in Dutch)“Handelingen die de wet of de statuten aan de algemene vergadering voorbehouden, mogelijkheid een deel van deze bevoegdheden te delegeren” (deed in Dutch)“Geboekt op de algemene kosten, vaste of evenredige vergoeding” (deed in Dutch)“Het bestuursorgaan kan hen op elk ogenblik ontslaan, het bestuursorgaan bepaalt of zij alleen dan wel gezamenlijk optreden” (deed in Dutch)
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.
- “Elke overdracht onder levenden, zowel ten bezwarende titel als ten kosteloze titel, zowel vrijwillig als gedwongen, zowel in vruchtgebruik…” (deed in Dutch)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “In geval van een enige aandeelhouder-bestuurder, bepaalt deze laatste vrij, naargelang de behoeften van de vennootschap en op door hem…” (deed in Dutch)1 more provision on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Bestuursorgaan, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 30 December to 29 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie” (deed in Dutch)