MACA

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.

MACA

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.

“Vlaamse Gewest, voorafgaandelijke goedkeuring bevoegde Provinciale Raad” (deed in Dutch)

deed of 25-10-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.

“Ingeval van overlijden of ontslag van een bestuurder zal de algemene vergadering eventueel in zijn vervanging voorzien en zullen ondertussen…”

Board ruleHow the board is made up, meets and takes decisions.

“Beperkt tot duur medische activiteiten, alle handelingen stellen nodig of dienstig voor bereiken maatschappelijk voorwerp” (deed in Dutch)

deed of 25-10-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.

“Op naam, vanaf inschrijving register tegenover vennootschap en derden” (deed in Dutch)

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.

“Onder levenden noch wegens overlijden, op straffe van nietigheid, wettelijke rentevoet op schuldig blijvend gedeelte bij begin iedere…” (deed in Dutch)

Share issue ruleHow and by whom new shares can be issued.

One provision in the deed

deed of 25-10-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.

Third Thursday of May at 18:00

deed of 25-10-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“Vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)

deed of 25-10-2023

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.

“Algemene vergadering, bestuurder(s) in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)

deed of 25-10-2023

Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.

“8380 Zeebrugge, Lisseweegse Steenweg 168, 5” (deed in Dutch)

deed of 27-11-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

2 more provisions in the deed, see the deed of 23-12-2024

1 more provision in the deed, see the deed of 25-10-2023