FAJO

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.

FAJO

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 et succursales tant en Belgique qu’à l’étranger par simple décision de…” (deed in French)

deed of 18-12-2023

Who represents it, and how

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

“Article 19: Représentation de la société 1. Tous les actes qui engagent la société, en justice et dans tous les actes, sont valables s’ils…”

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

One provision in the deed

deed of 18-12-2023

Capital, shares and profit

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

One provision in the deed

deed of 18-12-2023

Meetings and financial year

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

Last Friday of June at 18:00

deed of 18-12-2023

Oversight and winding up

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

“Toutes opérations prévues par loi, pouvoirs liquidateurs” (deed in French)

1 more provision on this in the deed

deed of 18-12-2023

Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.

“Domicile de Madame Gaëtane JORIS, article 2:102 du Code des sociétés et des associations” (deed in French)

deed of 12-06-2026

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

Other provision: “Le contrôle de l'état résumant la situation active et passive par le réviseur d'entreprises ne décharge ni l'organe d'administration ni les…” (deed in French)

Other provision: “Responsabilité du réviseur d'entreprises de confirmer le paiement ou la consignation des dettes et l'existence d'un accord écrit acceptant…” (deed in French)

3 more provisions in the deed, see the deed of 12-06-2026

deed of 12-06-2026

Liquidation distribution: “Biens subsistant en nature répartis de même façon, après paiement dettes,charges,frais ou consignation montants nécessaires,répartition…” (deed in French)

deed of 18-12-2023