Alsico
ActiveSummary
Alsico has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €15.4m and a net result of €1.2m. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 70% of 50 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Aankoop en verkoop,de fabricatie en de confectie van alle textielproducten,andere synthetische producten en dergelijke producten…” (deed in Dutch)
3 activities (deed in Dutch)
- Aankoop en verkoop,de fabricatie en de confectie van alle textielproducten,andere synthetische producten en dergelijke producten
- Vertegenwoordiging en de commissie van deze artikelen
- Alle nijverheidsverrichtingen,handelszaken en verhandelingen van financiële aard die rechtstreeks of onrechtstreeks bij dit voorwerp aansluiten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ALSICO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan mag administratieve zetels,agentschappen,ateliers,opslagplaatsen,bijhuizen oprichten of opheffen in België en…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Minimum door wet voorgeschreven, te allen tijde zonder opgave van redenen met onmiddellijke ingang” (deed in Dutch)“Alle handelingen nodig of dienstig voor voorwerp behoudens uitsluitend algemene vergadering volgens wet of statuten, bevoegdheden raad van…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 June at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, één of meer” (deed in Dutch)1 more provision on this in the deed