ISIMO
ActiveSummary
ISIMO has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€58,275) and a net result of -€34,812. Equity is shrinking by about 35% per year across the filed financial years. Its solvency ranks better than 10% of 10,986 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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.
- ISIMO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Article 2” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Majorité simple des voix présentes ou représentées” (deed in French)“À chaque nomination l'assemblée générale décide si mandat exercé gratuitement, l'organe peut accorder aux administrateurs,directeurs ou…” (deed in French)
Capital, shares and profit
- Share classWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs proportionnellement aux actions acquises, toutes cessions entre vifs à titre onéreux ou gratuit,volontaires…” (deed in French)“Interdit sans accord unanime organe d'administration, cessions entre vifs onéreuses/gratuites volontaires/forcées…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Tout temps par décision assemblée générale délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 43. Liquidateurs” (deed in French)“Article 2:80 dissolution et clôture en un seul acte, aucun liquidateur nommé” (deed in French)