LO WORKS
ActiveSummary
The computed 12-month bankruptcy probability of LO WORKS is 2.2% (moderate). For LO WORKS, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €58,090 and a net result of €2,665. Equity is growing by about 7.6% per year across the filed financial years. Its solvency ranks better than 72% of 3,904 sector peers (NACE 01, financial year 2024). The company has been active since 2001 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het kweken van groeiende en bloeiende bloemen en planten,alsook groothandel,import en export van bloemen en planten” (deed in Dutch)deed of 24-01-2024
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimiteddeed of 24-01-2024
- Name clauseThe name the company operates under according to its articles.
- LO WORKSdeed of 18-08-2026
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuurs-en uitbatingszetels,agentschappen,bijhuizen,bureaus,stapelhuizen in België en buitenland bij beslissing zaakvoerder…” (deed in Dutch)deed of 24-01-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “meerderheid die vereist is voor een statutenwijziging indien het gaat om een statutaire zaakvoerder Bevoegdheden van het bestuursorgaan en…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of December at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering beslissende in vormen vereist voor statutenwijziging, bepalingen statuten omtrent overdracht aandelen bij overlijden of…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed