Summary
AED has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (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.
- AED
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Voor zover geen wijziging toepasselijk taalregime, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “ARTIKEL 9: BESTUUR De vennootschap wordt bestuurd door één of meerdere zaakvoerders, natuurlijke personen of rechtspersonen, al dan niet…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meerdere, zaakvoerders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geen vennoot mag tijdens duur vennootschap aandelen overdragen zonder toestemming medevennoten, aandelen” (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.
- First Friday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding der vennootschap, gecommanditeerde vennoten” (deed in Dutch)