Summary
421 Concepts has been active since 2010 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
- Name clauseThe name the company operates under according to its articles.
- 421 Concepts
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bijlagen Belgisch Staatsblad” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Meest uitgebreide bevoegdheid alle handelingen nodig of nuttig voor voorwerp, 9” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandelenregister op zetel” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Gezamenlijk,behoudens andersluidend besluit, meest uitgebreide machten overeenkomstig artikelen 2:87-2:92 WVV,behoudens beperkingen algemene…” (deed in Dutch)“Alle verrichtingen vermeld in artikelen vereffening WVV,tenzij algemene vergadering anders bij gewone meerderheid, saldo na afsluiting…” (deed in Dutch)1 more provision on this in the deed