Summary
KARA has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low). No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het maken van schoenen,autoplaten,sleutels,grafeerplaten,deurplaten,stempels,pasfoto's; Het verkopen van…” (deed in Dutch)
3 activities (deed in Dutch)
- Het maken van schoenen,autoplaten,sleutels,grafeerplaten,deurplaten,stempels,pasfoto's.
- Het verkopen van autoplaten,paraplu's,uurwerken,batterijen,uurwerkbandjes,sleutels,schoensmeer,....
- Alle financiële,handels,industriële,roerende of onroerende bewerkingen uitvoeren,die rechtstreeks of onrechtstreeks verband houden met het maatschappelijk doel,of de verwezenlijking ervan bevorderen.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Kara
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, België” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “11, zaakvoerders natuurlijke personen of rechtspersonen die beherend vennoot zijn” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen van burgerlijk recht, aangegeven prijs of bij betwisting intrinsieke waarde op dag oorspronkelijke kennisgeving” (deed in Dutch)“6, intrinsieke waarde op dag overlijden” (deed in Dutch)
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.
- First Saturday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “14, besluit algemene vergadering met eenparigheid aanwezige en geldige stemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “14, besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)