JAGO
ActiveSummary
JAGO has been active since 1970 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €225,633 and a net result of €14,415. Equity is growing by about 22% per year across the filed financial years. Its solvency ranks better than 56% of 1,238 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Groot- en kleinhandel in ferro en in non-ferro metalen,ijzerwaren,sanitaire apparaten en toebehoren en idem voor centrale verwarming” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- IJZERHANDEL HUYSMANS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, Titel IV.Bestuur-controle” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden zowel ten bezwarende als kosteloze titel,vrijwillig als gedwongen,aandeel of enig ander effect dat recht…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte van nieuwe aandelen, Artikel 8” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten” (deed in Dutch)