GILO TUBES
ActiveSummary
GILO TUBES has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €472,720 and a net result of -€1,241. Equity is shrinking by about 7.4% per year across the filed financial years. Its solvency ranks better than 95% of 820 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- GILO TUBES
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Société anonyme” (deed in French)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “13, six ans” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “12, entre vifs ou pour cause de mort” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of May at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Désignation liquidateurs, à défaut de nomination, liquidation par le dernier organe d'administration en fonction” (deed in French)“Article 34. Pouvoirs des liquidateurs” (deed in French)