KWAST
Active Risk: not assessedSummary
KWAST is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The company has been active since 2016 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.
- KWAST
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, eenvoudig besluit bestuursorgaan naar iedere andere plaats” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, algemene vergadering” (deed in Dutch)“Algemene kosten, algemene vergadering” (deed in Dutch)“Onmiddellijk en van rechtswege” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, aandelenregister op zetel” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Zonder verhaal, wettelijke interestvoet” (deed in Dutch)“Alle vennoten andere dan overdrager aanwezig of vertegenwoordigd, wettelijke interestvoet” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “TITEL VII. BOEKJAAR - JAARREKENINGEN - WINSTVERDELING- DIVIDENDEN Artikel 28. Boekjaar - Jaarrekening - Jaarverslag Het boekjaar begint…” (deed in Dutch)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Sluiting, rechtspersoon voor vereffening” (deed in Dutch)“Algemene vergadering, zaakvoerder(s) in functie krachtens statuten” (deed in Dutch)1 more provision on this in the deed