GENKO
ActiveSummary
GENKO has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€109,515) and a net result of -€56,510. Equity is shrinking by about 51% per year across the filed financial years. Its solvency ranks better than 5% of 21,099 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (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.
- GENKO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts et succursales,tant en Belgique qu'à l'étranger,par simple décision de…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoir de représentation Sans préjudice du pouvoir de représentation général de l’organe d’administration comme collège, la…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, si organe collégial et vacance avant fin mandat restants peuvent coopter nouvel administrateur” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Non devenant de plein droit actionnaires tenus solliciter agrément mêmes formalités, ne comptant plus qu'un actionnaire libre de céder tout…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale formes modifications statuts, tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution quelque cause moment, désigner liquidateurs déterminer pouvoirs émoluments” (deed in French)