ISFSM

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.

“Vlaamse Gewest, neerlegging verklaring bevoegd orgaan van vertegenwoordiging plus afschrift ter bekendmaking in bijlage Belgisch Staatsblad” (deed in Dutch)

deed of 30-11-2022

Who represents it, and how

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

“Alle machten van bestuur en van beschikking ter verwezenlijking van het voorwerp, 1” (deed in Dutch)

deed of 30-11-2022

Capital, shares and profit

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

One provision in the deed

deed of 30-11-2022

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.

Last Friday of June at 16:00

deed of 30-11-2022

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Artikel 4:17,§1 van het Wetboek van Vennootschappen en Verenigingen, bijzondere algemene vergadering volgens regels voor statutenwijziging” (deed in Dutch)

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

“Eenzijdig verzoekschrift, vennoten die één tiende van uitgegeven aandelen vertegenwoordigen” (deed in Dutch)

deed of 30-11-2022

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

1 more provision in the deed, see the deed of 28-11-2024

1 more provision in the deed, see the deed of 30-11-2022