Summary
The computed 12-month bankruptcy probability of CORAL MODE is 3.7% (moderate). The company has been active since 2024 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
- PurposeThe activities the company may carry out under its articles.
- “Het exploiteren van een winkel gespecialiseerd in dameskleding, accessoires en aanverwante producten; Activiteiten omvatten de verkoop van…” (deed in Dutch)
2 activities (deed in Dutch)
- Het exploiteren van een winkel gespecialiseerd in dameskleding, accessoires en aanverwante producten.
- Activiteiten omvatten de verkoop van modeartikelen, het aanbieden van stylingadvies en aanverwante diensten, zowel via fysieke winkels als online kanalen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CORAL MODE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest of Brussels Hoofdstedelijk Gewest, bij enkel besluit van het bestuursorgaan administratieve zetels, agentschappen, werkhuizen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Benoemd met of zonder beperking van duur, statutair bestuurder mogelijk indien benoemd in statuten, 1” (deed in Dutch)“Algemene kosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Alle kosten procedure en expertise voor helft overdrager en helft koper(s), naar rato aantal verkregen aandelen indien meerdere, erfgenamen…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Ten minste vijftien dagen te rekenen van dag openstelling intekening, eerst aan bestaande aandeelhouders naar evenredigheid van aantal…” (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.
- 15 June at 11:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)