LIFF
ActiveSummary
LIFF has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €129,706 and a net result of €10,155. Equity is growing by about 11% per year across the filed financial years. Its solvency ranks better than 95% of 22,554 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (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.
- LIFF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, oprichten of opheffen bij enkel besluit bestuursorgaan, in België of buitenland” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, 6 jaar” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, iedere aandeelhouder kan kennis nemen” (deed in Dutch)“Op naam, iedere titularis mag kennis nemen van register betreffende zijn effecten” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Aandelen van de vennootschap, aan geen enkele beperking onderworpen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL VI: ALGEMENE VERGADERING Artikel 23: Organisatie en bijeenroeping De gewone algemene vergadering wordt jaarlijks gehouden op de derde…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bevoegdheden vereffenaars, alle verrichtingen vermeld in wet” (deed in Dutch)1 more provision on this in the deed