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ISEM

Active
Public limited companyfounded 1995active for 31 yearsVliegveld 19, 8560 Wevelgem, BelgiumKBO/BCE: BE 0454.813.303
Summary

ISEM has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €239,193 and a net result of €188,103. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 30% of 11,213 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).

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ISEMActiveChecked score 90/100
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.
ISEM
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2” (deed in Dutch)

deed of 13-09-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“3, onbeperkt” (deed in Dutch)

deed of 13-09-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Overdracht van aandelen onder levenden, Artikel 11” (deed in Dutch)

deed of 13-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Second Tuesday of June at 09:00

deed of 13-09-2023

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

Other provision: “Alle handelingen nodig of dienstig tot verwezenlijking voorwerp, bevoegdheden bestuursorgaan” (deed in Dutch)
Other provision: “Dagelijks bestuur, bestuursorgaan bepaalt of alleen gezamenlijk of als college” (deed in Dutch)
Other provision: “Stemrecht, aantal stemmen gelijk aan aantal keer laagste bedrag begrepen in totale waarde gedeelten verwaarloosd” (deed in Dutch)
Other provision: “Volmachten, andere aandeelhouder” (deed in Dutch)
Other provision: “Bestemming winst, jaarvergadering bij gewone meerderheid op voorstel bestuursorgaan” (deed in Dutch)
Liquidation distribution: “Netto actief onder alle aandeelhouders naar verhouding aantal aandelen goederen in natura zelfde wijze, na aanzuivering schulden lasten…” (deed in Dutch)
1 more provision in the deed, see the deed of 13-09-2023

deed of 13-09-2023

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