JOLAND
Active Risk: not assessedSummary
JOLAND is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- JOLAND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Bijlagen bij het Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Vertegenwoordiging van de vennootschap. Als er slechts één bestuurder is, vertegenwoordigt hij de vennootschap alleen optredend…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking, een of meer bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien op minder dan totaliteit uitgeoefend geacht verzaakt en vervalt geheel en goedkeuringsclausule treedt in werking behoudens…” (deed in Dutch)“Geheel of gedeeltelijk, voorkoopregeling” (deed in Dutch)“Goedkeuring overdracht onder levenden, voorkooprecht niet uitgeoefend of vervallen op totaal aantal” (deed in Dutch)“Aanvaarding na overlijden, goedkeuring overige aandeelhouders voor erfgenamen en legatarissen” (deed in Dutch)“Aanvaarding erfgenamen/legatarissen na overlijden, rechten waarvan aanvaarding is voorgesteld” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, voorwaarden Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed