Summary
The computed 12-month bankruptcy probability of C&C Overdrive is 1.6% (moderate). The company has been active since 2023 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.
- C&C Overdrive
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij eenvoudig besluit bestuursorgaan administratieve zetels,bedrijfszetels,kantoren en bijkantoren in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 16. Vertegenwoordigingsbevoegdheid - Akten en rechtsvorderingen De vennootschap wordt, ten overstaan van derden, in en buiten…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, gerechtigheid in winsten of verliezen en bij ontbinding in liquidatiesaldo” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Artikel 1690 Burgerlijk Wetboek, artikel 4:7 e.v.Wetboek van vennootschappen en verenigingen” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 October to 30 September
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of March at 16:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Voortbestaan voor vereffening, uitspraak rechter of besluit bijzondere of buitengewone algemene vergadering” (deed in Dutch)“Benoeming vereffenaars, vennoten-zaakvoerders jegens derden als vereffenaar van rechtswege zonder bevoegdheden wet en statuten aan benoemde…” (deed in Dutch)1 more provision on this in the deed