Summary
Chowa has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very 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.
- Chowa
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, beslissing tot wijziging van Gewest impliceert statutenwijziging” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering bepaald,bij gebrek onbepaalde duur, één of meer zaakvoerders” (deed in Dutch)
- 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
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Burgerlijk recht, Artikel 6” (deed in Dutch)“Overdracht bij leven, aangegeven prijs of bij betwisting intrinsieke waarde op dag oorspronkelijke kennisgeving” (deed in Dutch)“Overdracht bij overlijden, intrinsieke waarde op dag overlijden” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen, behoudens vereenvoudigde ontbinding en…” (deed in Dutch)“Algemene vergadering beslist ontbinding en sluiting in één akte, alle vennoten aanwezig en unaniem instemmend” (deed in Dutch)