FEMAU

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.

FEMAU

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

“Vlaamse Gewest, bij enkel besluit bestuursorgaan, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België…” (deed in Dutch)

deed of 21-12-2022

Who represents it, and how

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

“Artikel 16. Vertegenwoordigingsbevoegdheid Ten overstaan van derden en in rechte wordt de vennootschap geldig vertegenwoordigd door iedere…”

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

“Met of zonder beperking van duur, een of meer bestuurders” (deed in Dutch)

deed of 21-12-2022

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.

One provision in the deed

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

“Elke overdracht onder levenden, ten bezwarende en kosteloze titel, vrijwillig en gedwongen met inbegrip uitsluiting en uittreding, in…” (deed in Dutch)

“Voorkooprecht, Artikel 11” (deed in Dutch)

deed of 21-12-2022

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.

From 1 July to 30 June

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

First Friday of December at 18:00

deed of 22-03-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“In vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)

1 more provision on this in the deed

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 zou zijn benoemd” (deed in Dutch)

deed of 21-12-2022

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

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

1 more provision in the deed, see the deed of 21-12-2022