PIBO
ActiveSummary
PIBO has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €229,558 and a net result of €9,448. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 32% of 39,218 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very 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.
- PIBO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “In het Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien er verscheidene bestuurders zijn besturen zij de vennootschap als college. Zij kunnen de bestuurstaken onder elkaar verdelen…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuurder, 1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager en helft koper(s) naar evenredigheid verworven aantal aandelen, overdracht onder levenden en…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)