SIOEN
ActiveSummary
SIOEN has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €48.9m and a net result of €14.6m. Equity is growing by about 6.1% per year across the filed financial years. Its solvency ranks better than 34% of 50 sector peers (NACE 14, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- SIOEN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, mag bij enkel besluit van bestuursorgaan administratieve zetels,exploitatiezetels,agentschappen,ateliers,opslagplaatsen en…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20: Vertegenwoordiging van de vennootschap De raad van bestuur vertegenwoordigt de vennootschap jegens derden en in rechte als eiser…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Hoogstens zes jaar, overblijvende bestuurders bij openvallende plaats voor einde mandaat” (deed in Dutch)“AV beslist bij elke benoeming of en in welke mate mandaat bezoldigd met vaste of variabele vergoeding, vergoeding bestuurders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandelen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Effecten van de vennootschap, andersluidende afspraken en bijzondere bepalingen aandeelhoudersovereenkomst” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Tuesday of May at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering benoemt één of meer vereffenaars, vergadering besluit alleen gezamenlijk dan wel als college” (deed in Dutch)1 more provision on this in the deed