Summary
WYCO has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low). No annual accounts have been filed with the National Bank.
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.
- WYCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Toetreding nieuwe aandeelhouders, geldig voor statutenwijziging” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 April to 31 March
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Verliezen vijftig procent van aanvangsvermogen belopen, andere vennoten kunnen vereffening vermijden door overname deel uittredende lid…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Zaakvoerder in functie op tijdstip ontbinding van rechtswege vereffenaar, algemene vergadering bij gewone meerderheid anders” (deed in Dutch)