Novoto
ActiveSummary
The computed 12-month bankruptcy probability of Novoto is 1.8% (moderate). The 2025 annual accounts show negative equity (-€95,615) and a net result of -€864,135. Equity is growing by about 10% per year across the filed financial years. Its solvency ranks better than 12% of 4,942 sector peers (NACE 47, financial year 2025). The company has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- NOVOTO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, hoogstens zes jaar” (deed in Dutch)“Algemene vergadering kan zitpenningen toekennen, of en in welke mate mandaat bezoldigd is” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 2 provisions in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of May at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Wettelijk tenzij AV anders beslist met gewone meerderheid, algemene vergadering” (deed in Dutch)