LYLY
ActiveSummary
LYLY has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €77,703 and a net result of -€23,809. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 64% of 16,745 sector peers (NACE 56, 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.
- LYLY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique ou étranger par simple décision organe…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, nombre,durée mandat,pouvoirs en cas de pluralité” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant, moitié acquéreurs proportionnellement si plusieurs, mêmes formalités si non actionnaires de plein droit” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Comme en matière de modification des statuts, assemblée générale” (deed in French)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed