HELICOTRONC
ActiveSummary
HELICOTRONC has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €10.5m and a net result of €26,386. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 94% of 230 sector peers (NACE 59, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, peut être transféré en tout autre endroit de la Région de Bruxelles-Capitale par simple décision de l'organe…” (deed in French)
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.
- “Rémunération portée aux frais généraux, indépendamment des frais de représentation, voyages et déplacements, assemblée générale peut mettre…” (deed in French)“Pouvoirs, peut déléguer des pouvoirs spéciaux à tout mandataire” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatifs, tous les titres qui ne sont pas interdits par la loi ou en vertu de celle-ci” (deed in French)“Chaque action participe au bénéficie et au solde de la liquidation, Chaque action donne droit à une voix” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Autorisation, articles 5:134 et 5:135 du Code des Sociétés et des Associations” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Composition et pouvoirs, exerce les pouvoirs qui lui sont conférés par le Code des Sociétés et des Associations” (deed in French)“En Belgique à l'endroit indiqué dans les convocations, assemblée extraordinaire” (deed in French)
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Lettres recommandées, lettres, fax, courrier électronique ou tout autre moyen repris au Code Civil, convocations non nécessaires lorsque…” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Inscrit dans le registre des actionnaires” (deed in French)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Administrateur le plus âgé ou, en cas d'empêchement, administrateur délégué ou membre désigné par l'assemblée, président choisit un…” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Procuration écrite, mandataire, actionnaire ou non” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Chaque action donne droit à une voix, aucune assemblée ne peut délibérer sur un sujet non annoncé à l'ordre du jour, à moins que tous les…” (deed in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Trois (3) ans, renouvelable, contrôle de la situation financière, des comptes annuels et de la régularité des opérations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed