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INITIAL K

Active
Private limited companyfounded 2009active for 17 yearsGrand-Rue 52, 6760 Virton, BelgiumKBO/BCE: BE 0810.570.897
Summary

INITIAL K has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €166,286 and a net result of €244. Equity is growing by about 3.2% per year across the filed financial years. Its solvency ranks better than 67% of 257 sector peers (NACE 46, financial year 2026). The computed 12-month bankruptcy probability is 0.2% (very low).

Risk analysisFollow ReportCompare
INITIAL KActiveChecked score 88/100
Risk analysis ReportCompare

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.
INITIAL K
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, sièges administratifs, agences, ateliers, dépôts et succursales, tant en Belgique qu'à l'étranger” (deed in French)

deed of 19-12-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, sans indemnité” (deed in French)
“Sauf décision contraire de l'assemblée générale, gratuit” (deed in French)

deed of 19-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives avec mentions requises par le Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
One provision in the deed
Share issue ruleHow and by whom new shares can be issued.
One provision in the deed

deed of 19-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Saturday of June at 14:00

deed of 19-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Liquidateur(s), si aucun autre liquidateur désigné” (deed in French)

deed of 19-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Actions libérées à leur émission, Appels de fonds” (deed in French)
Other provision: “Pouvoirs de l'organe d'administration, ceux que loi et statuts réservent à assemblée générale” (deed in French)
Other provision: “3 ans, contrôle de la société” (deed in French)
Other provision: “Toutes décisions du pouvoir de assemblée générale, assemblée générale par écrit et à distance non,écrite” (deed in French)
Other provision: “Vidéoconférence, assemblée générale à distance” (deed in French)
Other provision: “Admission à l'assemblée générale, registre des titres nominatifs” (deed in French)
Other provision: “Administrateur,à défaut actionnaire le plus d'actions,à parité le plus âgé, séances-procès-verbaux” (deed in French)
Other provision: “Toute personne,actionnaire ou non,procuration écrite, délibérations” (deed in French)
Other provision: “Organe d'administration, 3 semaines” (deed in French)
Other provision: “Bénéfice exercice en cours ou précédent,réduit perte reportée ou majoré bénéfice reporté, répartition-réserves” (deed in French)
Other provision: “Élection de domicile, actionnaire,administrateur,commissaire,liquidateur,porteur d'obligations domicilié à l'étranger” (deed in French)
Other provision: “Tribunaux du siège, litiges société,actionnaires,administrateurs,commissaires,liquidateurs” (deed in French)
Other provision: “Droit commun, réputées inscrites” (deed in French)
3 more provisions in the deed, see the deed of 19-12-2023

deed of 19-12-2023

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