JOTO
ActiveSummary
JOTO has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €33,960 and a net result of €6,976. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 74% of 34,789 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (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.
- JOTO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover dit geen wijziging veroorzaakt inzake het op de vennootschap toepasselijke taalregime” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandaat bestuurder(s), algemene vergadering” (deed in Dutch)“Algemene vergadering bepaalt aantal duur opdracht en bij meerdere bevoegdheid, bij gebrek duur geacht onbepaalde duur, één of meer…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Behoudens vereffening en ontbinding in één akte bij ontbinding om welke reden en wanneer ook bestuurder(s) in functie als vereffenaar(s)…” (deed in Dutch)