Summary
Belgian Polymer Group has been active since 1995 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 2 administrative register entries (see administrative flags). The computed 12-month bankruptcy probability is below 0.1% (very low). A small non-profit association files its annual accounts with the court registry, not 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.
- Belgian Polymer Group
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Niet-afgeschafte rechtsvorm, vrijgesteld van omzetting van rechtsvorm met toepassing van de bepalingen van het Boek 14 WVV” (deed in Dutch)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs- en uitbatingszetels, agentschappen en bijhuizen, bureaus en stapelhuizen in België en buitenland bij eenvoudige…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “8.3. Vertegenwoordiging door de bestuurders Het bestuursorgaan vertegenwoordigt de vereniging in alle handelingen in rechte en buiten…”
- Board ruleHow the board is made up, meets and takes decisions.
- “De handelingen en de beslissingen die niet verder reiken dan de behoeften van het dagelijks leven van de vereniging, als de handelingen en…” (deed in Dutch)11 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Onbepaald aantal leden, 2” (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
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, besluit algemene vergadering onder voorwaarden voor wijziging voorwerp of belangeloos doel” (deed in Dutch)