Summary
Jugivan 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 €234,571 and a net result of €177,433. Its solvency ranks better than 27% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Externe vertegenwoordigingsbevoegdheid van het bestuursorgaan Iedere bestuurder vertegenwoordigt afzonderlijk de vennootschap jegens derden…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Verhinderde of afwezige bestuurder kan bij brief,telegram,e-mail of telexbericht andere bestuurder afvaardigen voor bepaalde vergadering en…” (deed in Dutch)“Vaste of evenredige vergoeding in geld en/of natura,geboekt op algemene kosten,los van representatie-,reis- en verplaatsingskosten, al dan…” (deed in Dutch)“1, benoemd met of zonder beperking van duur;algemene vergadering bepaalt aantal,duur en bij meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of June at 15:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed