XOLATO
ActiveSummary
XOLATO has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€965) and a net result of €11,996. Equity is growing by about 29% per year across the filed financial years. Its solvency ranks better than 17% of 11,207 sector peers (NACE 68, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (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.
- XOLATO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, voor zover geen wijziging taal statuten per taalwetgeving” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “1. 12 - Externe vertegenwoordigingsbevoegdheid Iedere bestuurder, afzonderlijk optredend, ook wanneer er meerderen zijn, vertegenwoordigt de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Vergoeding bestuurders, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid aantal aandelen, elke overdracht onder levenden ten bezwarende of kosteloze…” (deed in Dutch)“Helft overdrager en helft koper(s) naar evenredigheid aantal aandelen bij meerdere kopers;zelfde bij erfgenaam of legataris, elke overdracht…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of March at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden bevoegdheden omlijnen vergoeding bepalen, bestuurder(s) in functie krachtens statuten indien geen…” (deed in Dutch)