Summary
DAMEN has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (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.
- Damen
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, administratieve zetels,filialen en bijhuizen in België en buitenland bij enkel besluit bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20. Vertegenwoordiging van de vennootschap De zaakvoerder, of het college van zaakvoerders zo er meerdere zaakvoerders zijn…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, iedere vennoot of belanghebbende” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overgang bij overlijden of overdracht onder levenden, algemene vergadering” (deed in Dutch)“Voorkoop van gecommanditeerde vennoten, elke overdracht onder levenden” (deed in Dutch)1 more provision on this in the deed
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.
- Fourth Friday of May at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars, voorlegging origineel akte en uittreksel en bekendmaking in Belgisch Staatsblad” (deed in Dutch)“Bevoegd tot alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid, bevoegdheden vereffenaars” (deed in Dutch)1 more provision on this in the deed