WICO
ActiveSummary
The annual accounts of WICO for financial year 2025 show a net loss of 82% of the equity at the start of that year. The 2025 annual accounts show equity of €6,465 and a net result of -€29,327. Its solvency ranks better than 14% of 11,720 sector peers (NACE 71, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (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.
- WICO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Gerheide 139, 2490 Balen” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “vergaderingen te organiseren tussen verschillende deelnemers die geografisch van elkaar verwijderd zijn, om hen in staat te stellen…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering met vereisten statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer vereffenaars, alle machten artikel 2:87 Wetboek vennootschappen en verenigingen zonder bijzondere machtiging” (deed in Dutch)