Summary
Iko has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low). A small non-profit association files its annual accounts with the court registry, not with the National Bank.
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.
- IKO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région bruxelloise, tout autre lieu de la même région linguistique” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un même administrateur à différentes fonctions, dix ans” (deed in French)“Une voix par administrateur, majorité des deux tiers des administrateurs présents ou représentés” (deed in French)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Seuls effectifs ont droit de vote, plénitude des droits accordés par loi et statuts” (deed in French)“Démission,exclusion et suspension, retrait en tout temps par démission écrite au conseil d'administration” (deed in French)“Ne peuvent réclamer ni relevé ou reddition de comptes,ni apposition de scellés,ni inventaire, ne peuvent réclamer montant versé par eux ou…” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale seule sauf dissolution judiciaire” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Liquidation” (deed in French)