ACSA LAW
Active Risk: not assessedSummary
ACSA LAW is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- ACSA LAW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
- Elected domicileThe address where directors or the company receive official documents.
- “Où toutes les significations et notifications peuvent lui être valablement données, sans autre obligation pour la société que de tenir ces…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Administration, l'assemblée qui les nomme fixe leur nombre, la durée de leur mandat qui peut être déterminée ou indéterminée, leur…” (deed in French)4 more provisions on this in the deed
- Permanent representative ruleA company that is a director names a natural person to carry out the mandate on its behalf.
- “Représentant permanent, lorsqu'une personne morale assume un mandat de membre d'un organe d'administration ou de délégué à la gestion…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, La société tient à son siège un registre pour chaque catégorie de titres nominatifs que la société a émis. L'organe…” (deed in French)
- Records ruleWhich registers the company keeps, such as the share register, and how.
- “Les actionnaires qui en feront la demande, un administrateur” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession des actions, cession entre vifs ou pour cause de mort à un actionnaire soumise à l'agrément d'une majorité qualifiée des deux tiers…” (deed in French)“Refus d'agrément, sans recours” (deed in French)“L'organe d'administration peut reconnaître et inscrire un transfert dans le registre sur la base de pièces qui établissent l'accord du…” (deed in French)“Cession d'une action non libérée, le cédant et le cessionnaire sont, nonobstant toute disposition contraire, tenus solidairement de la…” (deed in French)1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Il n'y a pas suppression ou limitation du droit de préférence lorsque chaque actionnaire renonce à son droit de préférence lors de la…” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Dans les limites fixées par la loi, l'assemblée générale” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Meeting chairWho chairs the meeting.
- “L'actionnaire présent qui détient le plus d'actions, un administrateur” (deed in French)
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- “Procuration écrite, par tout moyen de transmission” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Quel que soit le nombre de titres représentés, majorité absolue des voix (50%+1) des actionnaires” (deed in French)
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- “Toutes les décisions qui relèvent des pouvoirs de l'assemblée générale, à l'unanimité et par écrit” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale délibérant comme en matière de modification des statuts” (deed in French)“La liquidation de la société sera faite par le(s) administrateur(s) en exercice ou à défaut par un ou plusieurs liquidateurs nommés par…” (deed in French)