LO-AUTO
ActiveSummary
LO-AUTO has been active since 1983 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €995,386 and a net result of €6,092. Equity is growing by about 9.7% per year across the filed financial years. Its solvency ranks better than 82% of 12,672 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De handel in alle onderdelen die betrekking hebben met motorvoertuigen en aanverwanten,de werktuigen,materiaal,machines,gericht op de…” (deed in Dutch)
2 activities (deed in Dutch)
- De handel in alle onderdelen die betrekking hebben met motorvoertuigen en aanverwanten,de werktuigen,materiaal,machines,gericht op de herstelling van motorvoertuigen en aanverwanten,dit als groot- en kleinhandel.
- De vennootschap mag alle bewerkingen doen van industriële,commerciële of financiële,roerende of onroerende aard,die kunnen bijdragen tot de verwezenlijking,de vergemakkelijking of de hulp tot uitbreiding van haar maatschappelijk voorwerp.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Lo-Auto
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)1 more provision on this in the deed
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.
- “Met of zonder beperking van duur, bestuursorgaan” (deed in Dutch)“Algemene vergadering, onbepaalde duur bij gebrek aan bepaling” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of March at 09:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Reden en ogenblik ontbinding, bestuurders in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)