Summary
illumIT has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low). No annual accounts have been filed 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.
- IllumIT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bestuursorgaan, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Door vergadering bepaald,bij gebreke onbepaalde duur, één of meer zaakvoerders,natuurlijke personen of rechtspersonen,al dan niet beherende…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Volle eigendom,vruchtgebruik en blote eigendom, aandelen van vennoot overdragen onder levenden of overgaan wegens overlijden” (deed in Dutch)“Aangegeven prijs of bij betwisting eerlijk karakter intrinsieke waarde op dag oorspronkelijke kennisgeving, bij onderling overleg gekozen…” (deed in Dutch)1 more provision on this in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Vennoot met intentie niet langer deel te nemen heeft recht uit te treden, Uittreding” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding, eenparigheid aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)“Vereenvoudigde ontbinding en vereffening, ontbinding en sluiting in één akte,alle vennoten aanwezig en unaniem” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Besluit vergadering met eenparigheid, één of meer,al dan niet vennoten,aangesteld door vergadering met eenparigheid” (deed in Dutch)