Summary
Clavi has been active since 1991 and the Belgian Official Gazette contains no insolvency or warning signals. The 2013 annual accounts show equity of €321,335 and a net result of €3,451. Equity is shrinking by about 5% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.2% (very low).
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.
- CLAVI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 22 - Bevoegdheden van het bestuursorgaan Het bestuursorgaan bestuurt en vertegenwoordigt de VZW in en buiten rechte en heeft alle…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, gewone meerderheid van de uitgebrachte stemmen” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “3, alleen vaste leden maken deel uit van algemene vergadering” (deed in Dutch)“Rechten en plichten in wet en statuten omschreven, enkel rechten en verplichtingen in statuten omschreven” (deed in Dutch)“Vrijwillige bijdragen van leden of geldelijke tussenkomsten van derden, vaste en toegetreden leden tot geen enkele bijdrage gehouden” (deed in Dutch)“Geen aanspraak op bezit en geen terugvordering inbreng of bijdragen, gewone brief op zetel of e-mail” (deed in Dutch)1 more provision on this in the deed
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
- 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.
- One provision in the deed