AFRO FLASH
ActiveSummary
The computed 12-month bankruptcy probability of AFRO FLASH is 8.1% (elevated). The company has been active since 2024 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.
- AFRO FLASH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, peuvent être créés,en Belgique ou à l’étranger,par décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “La rémunération du mandat de chaque administrateur est fixée par l’assemblée générale. POUVOIRS ET FONCTIONNEMENT DE L’ORGANE…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Déterminée ou indéterminée, assemblée générale peut mettre fin à tout moment,avec ou sans préavis et sans motif,mandats non nommés dans…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, acte authentique relatif à la décision d'émission” (deed in French)“Tenu au siège pour chaque catégorie de titres nominatifs, propriétaires de titres dématérialisés peuvent demander conversion en nominatifs à…” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Commun accord ou expert choisi de commun accord ou président du tribunal de l'entreprise du siège siégeant comme en référé à la requête de…” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- One provision in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Assemblée générale pour justes motifs, de plein droit à cette date” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Respect conditions article 2:80 Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed