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B.R.N.

Active Risk: very low
General partnershipfounded 1989active for 37 yearsSprietestraat 148, 8792 Waregem, BelgiumKBO/BCE: BE 0438.245.010
Summary

B.R.N. has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low). No figures have been read from the filed annual accounts.

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“Tussenpersoon in de handel; De aan- en verkoop van dranken; Promotie voeren voor merken op diverse plaatsen” (deed in Dutch)
3 activities (deed in Dutch)
  1. Tussenpersoon in de handel
  2. De aan- en verkoop van dranken
  3. Promotie voeren voor merken op diverse plaatsen

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
B.R.N.
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, zaakvoerder(s)” (deed in Dutch)

deed of 16-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“De zaakvoerder vertegenwoordigt de vennootschap jegens derden en in rechte zowel als eiser als verweerder. Wanneer er verscheidene…”
Board ruleHow the board is made up, meets and takes decisions.
“Bepaalde duur of zonder beperking van duur, één of verscheidene zaakvoerders” (deed in Dutch)

deed of 16-01-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Deelname,overdracht of afstand onder levenden, wijziging der statuten” (deed in Dutch)
Membership ruleWho can become a member or partner, and on what terms.
“Uitsluiting,uittreding,toetreding, gewone regels van de vennootschapswetgeving” (deed in Dutch)

deed of 16-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 18:00

deed of 16-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Overlijden van een vennoot, van rechtswege ontbinding” (deed in Dutch)

deed of 16-01-2024

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

Other provision: “Beslissingen met belangrijke invloed buiten normaal beheer,met name buiten artikel 3, meerderheid van behaalde stemmen” (deed in Dutch)
2 more provisions in the deed, see the deed of 16-01-2024

deed of 16-01-2024