M STAR
Bankruptcy closedSummary
M STAR was declared bankrupt on 09-07-2024 (Ondernemingsrechtbank Brussel); the bankruptcy was closed by liquidation by judgment of 25-11-2025, published in the Belgian Official Gazette on 02-12-2025. The 2023 annual accounts show negative equity (-€13,746) and a net result of -€17,746.
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.
- M STAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, administratieve zetels, agentschappen, werkhuizen, stapelplaatsen en bijkantoren in België of in het buitenland bij enkel…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)“Vaste of evenredige vergoeding, algemene kosten los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager helft koper(s) naar evenredigheid bij meer kopers, elke overdracht onder levenden ten bezwarende of kosteloze titel…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Overblijvende aandelen eerst aan andere aandeelhouders die voorkeurrecht volledig uitoefenden, naar evenredigheid van aantal aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Monday of June at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed