Summary
Cissen has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (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.
- Cissen
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, meest uitgebreide machten van bestuur en beschikking” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Artikel 12, van rechtswege plaats van rechtsvoorganger behoudens andersluidende of meer specifieke bepalingen in door alle vennoten…” (deed in Dutch)“Artikel 13, gehele of gedeeltelijke overdracht van aandelen van vennoot-rechtspersoon gelijkgesteld aan overdracht van aandelen CommV” (deed in Dutch)“Waarde in onderling overleg tussen overdrager en overnemer, samen onafhankelijke expert met ieders vertrouwen bij geen overeenstemming over…” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Artikel 6, externe accountant op eigen kosten” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Beslist met meerderheid handelt door meerderheid leden, uitzonderlijk mogelijk indien wettelijke voorwaarden voldaan” (deed in Dutch)