Summary
The computed 12-month bankruptcy probability of LEVAIN is 3.9% (moderate). The company has been active since 2020 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.
- Benaming voorafgegaan of gevolgd door vermelding commanditaire vennootschap of afgekort CommV, Telkens de naam van de vennootschap wordt…
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs-en uitbatingszetels,agentschappen en bijhuizen,bureaus en stapelhuizen in België en buitenland waar en wanneer nodig…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, één of meerdere zaakvoerders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overeenkomstig artikel 14, overdracht door overlijden,vereffening of faillissement” (deed in Dutch)1 more provision on this in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Vergewissen financiële toestand, elke vennoot,gecommanditeerde en commanditaire” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Beslist met meerderheid van stemmen en handelt door meerderheid van leden, uitzonderlijk in afwijking van voorgaande indien aan wettelijke…” (deed in Dutch)