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LIMASO

Active Risk: not assessed
Private limited companyfounded 2009active for 16 yearsHoogveldstraat 74, 3600 Genk, BelgiumKBO/BCE: BE 0821.611.675
Summary

LIMASO 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 €1.1m and a net result of €310,180, of which €261,583 non-recurring income. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 84% of 77 sector peers (NACE 65, financial year 2025). The company has been active since 2009 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
Name clauseThe name the company operates under according to its articles.
LIMASO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Alle machten om statutenwijziging authentiek te doen vaststellen, Vlaamse Gewest” (deed in Dutch)

deed of 20-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Bedrag vaste of evenredige vergoeding, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
2 more provisions on this in the deed

deed of 20-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed

deed of 20-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Wednesday of December at 20:00

deed of 20-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 20-12-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Elke wijziging vooraf ter goedkeuring meedelen, wijziging doel” (deed in Dutch)
Other provision: “Verzekeringsagentschap Wouters & Partners BV, samenwerkingsovereenkomst” (deed in Dutch)
Other provision: “Aandelen bij uitgifte volstorten tenzij bevoegde orgaan anders beslist, stortingsplicht” (deed in Dutch)
Other provision: “Effecten ondeelbaar, ondeelbaarheid van effecten” (deed in Dutch)
Other provision: “Controle van de vennootschap, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, eenparig en schriftelijk” (deed in Dutch)
Other provision: “Elektronische algemene vergaderingen-deelname op afstand, op afstand via door vennootschap ter beschikking gesteld elektronisch…” (deed in Dutch)
Other provision: “Toegang algemene vergadering en stemrecht, rechten verbonden aan aandelen niet geschorst” (deed in Dutch)
Other provision: “Ieder aandeel één stem, beraadslagingen-stemrecht” (deed in Dutch)
Other provision: “Winst lopende boekjaar of winst voorgaande boekjaar zolang jaarrekening nog niet goedgekeurd, bestemming winst-reserves-interimdividend” (deed in Dutch)
Liquidation distribution: “Verdeling netto-actief, nog in natura voorhanden goederen op zelfde wijze verdeeld” (deed in Dutch)
Other provision: “Administratieve zetels, agentschappen, werkhuizen, stapelplaatsen, bijkantoren en exploitatiezetels, bestuursorgaan bij enkel besluit” (deed in Dutch)
1 more provision in the deed, see the deed of 20-12-2023

deed of 20-12-2023