Summary
LUMASA has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (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.
- LUMASA
- 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
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meerdere zaakvoerders, algemene vergadering stelt op verzoek één of meerdere vennoten vennoot of ander persoon als bewindvoerder voor…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 1/100ste” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overeenkomstig Nieuw Burgerlijk Wetboek, in onderling akkoord bij gebreke door deskundige aangewezen door voorzitter bevoegde…” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Mogelijkheid zich terug te trekken zonder ontbinding ten aanzien van overblijvende vennoten, terugtrekking vennoot” (deed in Dutch)“Uitsluiting vennoot, instemming ten minste helft vennoten die ten minste drie vierde aandelen bezitten na aftrek aandelen betrokken vennoot” (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.
- Second Friday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Conform artikel 5” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering ontbonden vennootschap kan te allen tijde bij gewone meerderheid één of meer vereffenaars benoemen of ontslaan…” (deed in Dutch)