iFinco
ActiveSummary
iFinco is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For iFinco, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €271,760 and a net result of -€159,076. Equity is growing by about 77% per year across the filed financial years. Its solvency ranks better than 19% of 6,072 sector peers (NACE 64, financial year 2024). The company has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- IFinco
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
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.
- “Algemene vergadering bepaalt aantal duur bevoegdheid, met of zonder beperking” (deed in Dutch)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.
- “Op naam” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bij gewone meerderheid te allen tijde, artikel 2:87 WVV zonder bijzondere machtiging” (deed in Dutch)