Summary
2 SIMUL8 has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (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.
- 2 SIMUL8
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bekendmaking in Bijlagen tot het Belgisch Staatsblad, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde duur of zonder beperking van duur, meest uitgebreide machten van bestuur en beschikking” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Artikel 2:8,§1 Wetboek van Vennootschappen en Verenigingen, toestemming van al zijn medevennoten” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Gecommanditeerde vennoot-commanditaire vennoot, recht op zetel kennis nemen van alle registers en geschriften en controle uitoefenen op alle…” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of March at 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening, algemene vergadering met meerderheid zoals bepaald in de wet” (deed in Dutch)