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TIBO

Active
Private limited companyfounded 1984active for 42 yearsAtelierstraat 18, 8820 Torhout, BelgiumKBO/BCE: BE 0425.757.546
Summary

TIBO has been active since 1984 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €500,914 and a net result of €4,577. Equity remains stable across the filed financial years (±0.1% per year). Its solvency ranks better than 78% of 2,787 sector peers (NACE 41, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

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TIBOActiveChecked score 92/100
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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.
Tibo
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 2” (deed in Dutch)

deed of 10-05-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Één of meer bestuurders, bestuursorgaan” (deed in Dutch)
“Bedrag van vaste of evenredige vergoeding, algemene kosten, los van representatie-, reis- en verplaatsingskosten” (deed in Dutch)

deed of 10-05-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Op naam” (deed in Dutch)

deed of 10-05-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of October

deed of 10-05-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering, vereist voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Indien geen andere vereffenaar benoemd, bestuurder(s) in functie krachtens statuten” (deed in Dutch)

deed of 10-05-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Dagelijks bestuur, één of meer leden met titel gedelegeerd bestuurder, of één of meer directeurs” (deed in Dutch)
Other provision: “Hernieuwbare termijn van drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten niet geschorst” (deed in Dutch)
Other provision: “Bestuurder, bij gebrek aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen processen-verbaal algemene vergadering” (deed in Dutch)
Other provision: “Bestuursorgaan tijdens zitting, verdaging algemene vergadering” (deed in Dutch)
Other provision: “Bestemming winst reserves, algemene vergadering” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden, lasten en kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
1 more provision in the deed, see the deed of 10-05-2023

deed of 10-05-2023

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