ETHICOMPUTING

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.

Unlimited

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

“Région de Bruxelles-Capitale, ARTICLE 2” (deed in French)

deed of 10-07-2024

Who represents it, and how

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

One provision in the deed

deed of 10-07-2024

Capital, shares and profit

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

One provision in the deed

Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.

“Jour fixé par la loi comme point de départ, ARTICLE 6” (deed in French)

Membership ruleWho can become a member or partner, and on what terms.

“ARTICLE 8, assemblée générale pour justes motifs” (deed in French)

deed of 10-07-2024

Meetings and financial year

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

Second Wednesday of March at 18:00

deed of 10-07-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Dissolution et clôture liquidation en un seul acte possibles dans respect article 2:80 CSA” (deed in French)

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

“Administrateur(s) en exercice ou à défaut un ou plusieurs liquidateurs nommés par assemblée générale, assemblée détermine…” (deed in French)

deed of 10-07-2024

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

Other provision: “L’ensemble des dettes à l’égard d’actionnaires ou de tiers mentionnées dans l'état résumant la situation active et passive, visées à…” (deed in French)

deed of 25-08-2026

Liquidation distribution: “Si actions non libérées égale proportion liquidateur(s) rétablit équilibre par appels fonds ou remboursements partiels, après réalisation…” (deed in French)

1 more provision in the deed, see the deed of 10-07-2024

deed of 10-07-2024