Summary
Le Refuge has been active since 2015 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
- PurposeThe activities the company may carry out under its articles.
- “Het maken en verhandelen van kunstwerken; De aan-en verkoop, de klein- en groothandel, de import en export van kunstwerken; Het organiseren…” (deed in Dutch)
6 activities (deed in Dutch)
- Het maken en verhandelen van kunstwerken
- De aan-en verkoop, de klein- en groothandel, de import en export van kunstwerken
- Het organiseren van tentoonstellingen
- Het uitbrengen van publicaties
- Het huren van galerijen, het uitbaterı van galerijen
- Het organiseren van seminaries
- 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.
- “Vlaams Gewest, Het bestuur kan de zetel verplaatsen binnen dit Gewest zonder statutenwijziging. Elke verplaatsing van de zetel van de…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, ingeschreven in het aandelenregister” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien verscheidene gecommanditeerde vennoten hun voorkooprecht uitoefenen, zullen zij dit kunnen uitoefenen, ieder naar evenredigheid van…” (deed in Dutch)
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
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 Tuesday of June at 20:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- One provision in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Leder aandeel geeft recht op één stem” (deed in Dutch)1 more provision on this in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Onmiddellijk na de jaarvergadering van het jaar waarin zij vervalt, drie jaar” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed