Summary
BIG TIME has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (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.
- BIG TIME
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest,België, bij besluit van de zaakvoerder(s) naar iedere andere plaats in België” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meerdere gewone of statutaire zaakvoerders, al dan niet vennoten” (deed in Dutch)“Alle handelingen van intern bestuur nodig of dienstig tot verwezenlijking doel met uitzondering van handelingen waarvoor alleen vergadering…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “20, gelijk recht in winstverdeling en vereffeningssaldo” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Werkelijke waarde op dag van overdracht, weigerende vennoten verplicht participatie zelf in te kopen” (deed in Dutch)1 more provision on this in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “6. INVENTARIS - JAARREKENING - WINSTVERDELING - VERLIEZEN Artikel 14 Het boekjaar van de vennootschap gaat telkens in op één janua-ri en…” (deed in Dutch)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of June at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed