APPLICO
ActiveSummary
APPLICO has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.3m and a net result of €1.7m, of which €1.8m non-recurring income. Equity is growing by about 34% per year across the filed financial years. 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.
- APPLICO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,exploitatiezetels,agentschappen,werkhuizen,stapelplaatsen en…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13 - Externe vertegenwoordiging De vennootschap wordt vertegenwoordigd jegens derden en in rechte door één bestuurder, afzonderlijk…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bestuurders bevoegdheid, één of meer bestuurders,natuurlijke personen of…” (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 met wettelijk voorgeschreven vermeldingen” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en sluiting vereffening in één akte mogelijk mits naleving voorwaarden WVV, algemene vergadering beslissende in vormen…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed