ISPA
ActiveSummary
ISPA has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €1.8m and a net result of €46,694. Equity is growing by about 5.7% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.4% (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.
- ISPA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 8500 Kortrijk,Guldenbergplantsoen,5 bus 41” (deed in Dutch)“Vlaamse Gewest, voor zover geen aanleiding tot wijziging taal statuten” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De niet-statutaire bestuurders zijn herroepbaar ad nutum bij besluit van de algemene vergadering, zonder dat hun herroeping recht geeft op…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, regels belangenconflicten leden bestuursorgaan van toepassing op vaste vertegenwoordiger” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal, elke overdracht onder levenden ten bezwarende/kosteloze…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Thursday of April at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Wettelijke bepalingen inzake ontbinding, beslissing algemene vergadering beraadslagend volgens voorwaarden en vormen…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)“Bevoegdheden vereffenaars, alle handelingen nodig of dienstig voor vereffening” (deed in Dutch)1 more provision on this in the deed