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KARWAN

Open bankruptcy
Private limited companyfounded 1982Xavier De Buestraat 36, 1180 Ukkel, BelgiumKBO/BCE: BE 0423.054.018

A bankruptcy procedure is open for KARWAN according to publications in the Belgian Official Gazette; trustee: Guy Kelder.

Summary

The 2024 annual accounts show negative equity (-€75,913) and a net result of €44,075.

KARWANOpen bankruptcy

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“L’achat, la vente, la consignation, l’exportation, la fabrication sous toutes les formes de tous articles de maroquinerie, de chaussures…” (deed in French)
2 activities (deed in French)
  1. L’achat, la vente, la consignation, l’exportation, la fabrication sous toutes les formes de tous articles de maroquinerie, de chaussures, d’habillement, ainsi que tous autres produits et accessoires connexes, analogues ou similaires
  2. L’acquisition, la vente, l’exploitation sous quelque forme que ce soit de tous brevets, licences, marques de fabrique, procédés, inventions, ou droits quelconques en dérivant

The full purpose is in the deed

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.
“Région de Bruxelles-Capitale, 2” (deed in French)

deed of 24-01-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Daily managementWho may handle the everyday running of the business without the full board.
The board decides whether the delegates act alone or jointly
Board ruleHow the board is made up, meets and takes decisions.
3 provisions in the deed

deed of 24-01-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nature des actions, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
2 provisions in the deed
Share issue ruleHow and by whom new shares can be issued.
“7, sauf décision contraire de l’organe compétent” (deed in French)
1 more provision on this in the deed

deed of 24-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 18:00
Meeting accessWho may attend the meeting and what is needed to be admitted.
3 provisions in the deed

deed of 24-01-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Formes prévues pour les modifications aux statuts, en tout temps” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Si aucun autre liquidateur n'aurait été désigné, dissolution-clôture en un seul acte” (deed in French)

deed of 24-01-2024

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

Liquidation distribution: “Les biens conservés leur sont remis pour être partagés dans la même proportion, après apurement de toutes les dettes, charges et frais de…” (deed in French)
Other provision: “Election of domicile, toutes communications, sommations, assignations, significations peuvent lui être valablement faites” (deed in French)
Other provision: “Tout litige entre la société, ses actionnaires, administrateurs, commissaires et liquidateurs relatifs aux affaires de la société et à…” (deed in French)
11 more provisions in the deed, see the deed of 24-01-2024

deed of 24-01-2024