LILO
ActiveSummary
LILO has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€135,297) and a net result of €61,256. Equity remains stable across the filed financial years (±1.9% per year). Its solvency ranks better than 5% of 2,778 sector peers (NACE 82, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (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.
- LILO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12. Externe vertegenwoordiging door de bestuurders 12.1. Iedere bestuurder vertegenwoordigt de vennootschap jegens derden en in…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Onbezoldigd, behoudens andersluidende beslissing algemene vergadering” (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
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Zonder goedkeuring overdragen onder levenden of overgaan door overlijden, nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met uitgifte nieuwe aandelen, dag van openstelling intekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op elk moment door algemene vergadering in vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheid door wet toegekend, vereffenaar(s) door algemene vergadering bij ontbinding om welke reden en welk tijdstip…” (deed in Dutch)