Summary
DRM PROJECTS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (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.
- DRM PROJECTS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Is er slechts één zaakvoerder, dan treft hij besluiten naar eigen inzicht. Zijn er twee zaakvoerders, dan dienen zij beiden akkoord te gaan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde-duur, voorzien-in-vervanging” (deed in Dutch)“Alleen-algemene-vergadering-bevoegd-krachtens-wet-of-statuten, alles-nodig-of-nuttig-voor-voorwerp” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “6, vruchtgebruiker oefent alle rechten uit behoudens andersluidende overeenkomst,behalve bij wijziging inbreng,fusie of ontbinding,of…” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- 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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Bijlagen bij het Belgiseh-Staatsblad - 02/08/2023 Annexes du- Moniteur-belge TITEL IV: ALGEMENE VERGADERING 10. Jaarvergadering-Bijzondere…” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed