Westlimco
ActiveSummary
Westlimco has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€8,773) and a net result of -€173,455. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 10% of 1,160 sector peers (NACE 82, 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.
- WESTLIMCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad bepaalt alleen of gezamenlijk, alle handelingen nodig of dienstig voor voorwerp tenzij wet of statuten algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Tuesday of May at 11:30
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed