IVACO
ActiveSummary
IVACO has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €842,829 and a net result of -€43,647. Equity remains stable across the filed financial years (±1% per year). Its solvency ranks better than 72% of 5,756 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is below 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.
- IVACO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Onmiddellijk, tenminste meerderheid leden aanwezig of vertegenwoordigd” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen van de vennootschap” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuursorgaan in functie als college van vereffenaars bij gebrek aan benoeming” (deed in Dutch)“Alle verrichtingen vermeld in de wet, algemene vergadering anders bij gewone meerderheid” (deed in Dutch)