Summary
KDB has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low). 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.
- KDB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, Jagersweg 51-2390 Malle” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11. Bestuursbevoegdheid en vertegenwoordigingsmacht De zaakvoerder(s) is/zijn bevoegd om alle handelingen van intern bestuur te…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, zaakvoerders” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen van het Burgerlijk Wetboek, overdracht onder levenden en overgang wegens 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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vereisten voor statutenwijziging, behoudens door de rechter” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle verrichtingen vermeld in artikelen 2:87-2:92 WVV, Artikel 17” (deed in Dutch)