EXSPECA

What the company does

Name clauseThe name the company operates under according to its articles.

EXSPECA

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

“Vlaams Gewest, door bestuursorgaan in bijlagen Belgisch Staatsblad” (deed in Dutch)

deed of 22-09-2023

Who represents it, and how

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

Each director alone

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

“Één of meer, met of zonder beperking met mogelijkheid statutair” (deed in Dutch)

deed of 22-09-2023

Capital, shares and profit

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

“Helft overdrager helft koper naar evenredigheid aantal bij meerdere kopers, zelfde formaliteiten indien geen aandeelhouder van rechtswege” (deed in Dutch)

deed of 22-09-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)

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

“Bij ontbinding om welke reden en op welk ogenblik ook, indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 22-09-2023

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

2 more provisions in the deed, see the deed of 05-12-2024

Liquidation distribution: “Goederen in natura op zelfde wijze verdeeld, na herstelling evenwicht bij niet volgestorte aandelen” (deed in Dutch)

deed of 22-09-2023