DELICASH

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.

DELICASH

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.

“Région wallonne, sièges administratifs,agences,ateliers,dépôts,succursales en Belgique et à l’étranger par simple décision organe…” (deed in French)

deed of 25-09-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.

The board, acting as a body

deed of 02-01-2025

Board ruleHow the board is made up, meets and takes decisions.

“Avec ou sans limitation, 1” (deed in French)

“Fixe ou proportionnelle, frais generaux” (deed in French)

deed of 25-09-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.

“Nominatifs, titres_nominatifs_par_categorie_mentions_CSA” (deed in French)

1 more provision on this in the deed

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.

“Cessions_transmissions_entre-vifs_cause-mort_meme_actionnaire_conjoint_ascendants_descendants_ligne_directe, moitie cedant moitie acquereurs…” (deed in French)

Share issue ruleHow and by whom new shares can be issued.

“Debiteur-gagiste, organe emission” (deed in French)

deed of 25-09-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.

24 June at 20:00

deed of 25-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Titre VII : Dissolution – Liquidation, Article 27” (deed in French)

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.

“Dissolution pour quelque cause et à quelque moment, Article 28” (deed in French)

deed of 25-09-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Propositions doivent recueillir majorités prévues par la Loi, majorités” (deed in French)

Other provision: “Indivisibilite titres, usufruitier sauf disposition contraire statuts testament convention” (deed in French)

Other provision: “Seul ou conjointement, administrateur-delegue” (deed in French)

Other provision: “Controle societe, un ou plusieurs commissaires” (deed in French)

Other provision: “Admission à l'assemblée générale, titulaire de titres” (deed in French)

Other provision: “Séances – procès-verbaux, un ou plusieurs membres de l'organe d'administration ayant pouvoir de représentation” (deed in French)

Other provision: “Chaque action une voix,sous réserve actions sans droit de vote, délibérations” (deed in French)

Other provision: “Pouvoirs de l'assemblée générale, Article 24” (deed in French)

Other provision: “Répartition – réserves – acomptes sur dividendes, Article 26” (deed in French)

Liquidation distribution: “Article 29, apurement dettes,charges,frais ou consignation,et si actions non libérées rétablissement égalité par appels complémentaires ou…” (deed in French)

Other provision: “Communications,sommations,assignations,significations valablement faites, élection de domicile” (deed in French)

Other provision: “Compétence judiciaire, Article 31” (deed in French)

Other provision: “Droit commun, Article 32” (deed in French)

7 more provisions in the deed, see the deed of 25-09-2023

deed of 25-09-2023