Summary
COBAN has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (low). No annual accounts have been filed with the National Bank.
Articles of association
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van deelnemingen, onvervreemdbaar tot na betaling volledige prijs en intresten” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of November at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Gewone meerderheid van stemmen, algemene vergadering benoemt een of meer vereffenaars” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Rechtbank oordeelt over handelingen tussen benoeming en bevestiging,kan met terugwerkende kracht bevestigen of nietig verklaren indien…” (deed in Dutch)