IRIS
ActiveSummary
IRIS has been active since 1987 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.1m and a net result of -€10,567. Equity remains stable across the filed financial years (±0.3% per year). The computed 12-month bankruptcy probability is 0.1% (very low).
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.
- IRIS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 22: Vertegenwoordiging van de vennootschap Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling bestuursorgaan, 4” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vrije overgang onder levenden of bij overlijden, Artikel 12: Overdracht en overgang van aandelen” (deed in Dutch)“Eigen Effecten mee verkopen pro rata, volgrecht” (deed in Dutch)1 more provision on this in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en wanneer ook, één of meer” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen vermeld in wet” (deed in Dutch)“Aanzuivering schulden,lasten,kosten of consignatie nodige gelden, wijze van vereffening” (deed in Dutch)