PICOTIN
ActiveSummary
PICOTIN has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €168,907 and a net result of €11,090. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 61% of 16,833 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.
- PICOTIN
- 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 et 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 durée, un ou plusieurs administrateurs,physiques ou morales,actionnaires ou non” (deed in French)“Si rémunéré,assemblée majorité absolue ou actionnaire unique fixe montant fixe ou proportionnelle, frais généraux indépendamment…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “200, répartition bénéfices et produits liquidation” (deed in French)“Nominatives, cessions effet vis-à-vis société et tiers à dater inscription registre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Héritiers et légataires non de plein droit actionnaires sollicitent agrément mêmes formalités, dans huit jours réception,organe transmet…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission nouvelles actions, courrier électronique,ou courrier ordinaire même jour pour sans adresse électronique” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissoute en tout temps par assemblée délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et moment, administrateurs en fonction désignés liquidateurs en vertu statuts si aucun autre désigné” (deed in French)