Destiny Continentals
Active Risk: not assessedSummary
Destiny Continentals is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 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.
- “Uitbaten van restaurant, café en bar alsook het uitbaten van een shisha-bar; Levering van maaltijden; Organiseren van evenementen, banketten…” (deed in Dutch)
8 activities (deed in Dutch)
- Uitbaten van restaurant, café en bar alsook het uitbaten van een shisha-bar
- Levering van maaltijden
- Organiseren van evenementen, banketten en catering
- Activiteiten van tussenpersonen in de groot- en kleinhandel, import en export in voedingsmiddelen, dranken en tabaksproducten
- Uitbaten van een algemene voedingswinkel
- Leveren en bezorgen van pakketten en brieven, alsook overige postactiviteiten
- Kapsalon
- Esthetische en schoonheidsbehandelingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Destiny Continentals
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van het bestuursorgaan binnen hetzelfde taalgebied” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, 10” (deed in Dutch)“12, algemene kosten” (deed in Dutch)“Alleen of gezamenlijk, 13” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Niet volgestort bij uitgifte, enige aandeelhouder-bestuurder bepaalt vrij de later uit te voeren stortingen naargelang de behoeften” (deed in Dutch)“Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden, ten bezwarende of kosteloze titel, vrijwillig of gedwongen, in vruchtgebruik, blote eigendom of volle…” (deed in Dutch)“9, geen beroep op de rechter” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Dag van de openstelling van de intekening, 15” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision 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
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2027, first annual accounts due by 31-07-2028
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “E-mail, 15” (deed in Dutch)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Iedere persoon kan verzaken aan oproeping, 15” (deed in Dutch)1 more provision on this in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision 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. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “14, 3” (deed in Dutch)
- 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