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AFC 5

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Private limited companyfounded 2022Kapucijnenvoer 4, 3000 Leuven, BelgiumKBO/BCE: BE 0790.145.964
Summary

A bankruptcy procedure is open for AFC 5 according to publications in the Belgian Official Gazette. The 2023 annual accounts show negative equity (-€11,998) and a net result of -€24,598.

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AFC 5Open bankruptcy
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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.
AFC 5
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, bestuursorgaan” (deed in Dutch)

deed of 31-08-2022

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.
“Met of zonder beperking van duur;bij gebrek aan bepaling onbepaalde duur, één of meer” (deed in Dutch)

deed of 31-08-2022

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 20:00

deed of 31-08-2022

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Ontbinding om welke reden en op welk ogenblik ook, bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen…” (deed in Dutch)

deed of 31-08-2022

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Aanwending nettowinst, elk aandeel recht op gelijk aandeel in winstverdeling” (deed in Dutch)
Liquidation distribution: “Na aanzuivering schulden,lasten en kosten vereffening of consignatie nodige sommen en na herstelling evenwicht tussen aandelen bij…” (deed in Dutch)
3 more provisions in the deed, see the deed of 31-08-2022

deed of 31-08-2022

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