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JOAL

Active Risk: not assessed
Private limited companyfounded 2013active for 13 yearsPaalstraat 15, 3560 Lummen, BelgiumKBO/BCE: BE 0502.985.184
Summary

JOAL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €97,746 and a net result of €3,539. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 58% of 9,727 sector peers (NACE 64, financial year 2025). The company has been active since 2013 and the Belgian Official Gazette contains no insolvency or warning signals.

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Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Beheer van onroerend goed voor eigen rekening en voor rekening van derden; Holding activiteiten; Borgstellingen voor andere vennootschappen…” (deed in Dutch)
12 activities (deed in Dutch)
  1. Beheer van onroerend goed voor eigen rekening en voor rekening van derden
  2. Holding activiteiten
  3. Borgstellingen voor andere vennootschappen
  4. Management activiteiten
  5. Tussenpersoon in de handel
  6. Commissionair
  7. Handelsvertegenwoordiger
  8. Consultancy
  9. Bedrijfsbegeleiding
  10. Coaching
  11. Organisatie van evenementen
  12. Team building sessies

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
JOAL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 26-10-2023

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.
“Één of meer bestuurders, algemene vergadering kan mandaat steeds beëindigen wegens wettige reden,zonder opzeggingstermijn of…” (deed in Dutch)
“Geheel van bevoegdheden,delegeren mogelijk, iedere bestuurder,alleen optredend,alle handelingen nodig of nuttig voor voorwerp,behalve wet of…” (deed in Dutch)

deed of 26-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Friday of March at 18:00

deed of 26-10-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Toegang tot algemene vergadering, houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie;bij niet-volgestorte aandelen evenwicht herstellen via bijkomende volstorting of…” (deed in Dutch)
Other provision: “Elke aandeelhouder kan aan ieder ander persoon,al dan niet aandeelhouder,via alle middelen van overdracht schriftelijke volmacht geven voor…” (deed in Dutch)
Other provision: “Stemrecht, 1” (deed in Dutch)
2 more provisions in the deed, see the deed of 26-10-2023

deed of 26-10-2023

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