KARMA & CO
Active Risk: not assessedSummary
KARMA & CO is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
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.
- KARMA & CO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, sièges administratifs,succursales,agences,dépôts,comptoirs en Belgique et à l'étranger” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16.- Représentation - Actes et actions judiciaires. La société est représentée dans les actes, y compris ceux où interviennent un…”
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié_des_actions_déduction_actions_cédées, règles_cession_applicables_par_ou_en_faveur” (deed in French)“Transmission_mort_non_agréés_non_visés_article_10, actif_net_tel_derniers_comptes_annuels_approuvés” (deed in French)“Refus_agrément_cession_entre_vifs, président_tribunal_entreprises_siège_comme_en_référé” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution éventuelle ou autres mesures de continuité à l'ordre du jour, actif net risque de devenir ou devenu négatif” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Plus étendus conférés par articles 2:87 et suivants CSA, administrateurs en fonction agissant en comité de liquidation” (deed in French)