Summary
The computed 12-month bankruptcy probability of LIPPENS, FEYS is 1.6% (moderate). The 2014 annual accounts show equity of €130,444 and a net result of -€2,013. Equity is shrinking by about 9.4% per year across the filed financial years. The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- LIPPENS, FEYS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, één of meerdere” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tijdens duur vennootschap, geen overdracht aandelen zonder toestemming medevennoten” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Op alle gebied gelijkgesteld aan overlijden, in onmogelijkheid meer dan zes maanden zich met zaken vennootschap onledig te houden” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding, vennoten, bij ontstentenis zaakvoerder(s)” (deed in Dutch)