JESCO
ActiveSummary
JESCO has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €422,520 and a net result of -€55,249. Equity remains stable across the filed financial years (±0.7% per year). Its solvency ranks better than 30% of 6,152 sector peers (NACE 46, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- JESCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “jaar om te eindigen onmiddellijk na de jaarvergadering van 2028 : - de naamloze vennootschap “Ter Heirweghe” voornoemd, vertegenwoordigd…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering beslist goedkeuring rekeningen,kwijting vereffenaar(s) en commissaris,sluiting, cijfermatig verslag met rekeningen en…” (deed in Dutch)