Summary
MANAGEMENT S & DB has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (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.
- MANAGEMENT S & DB
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, in afwijking van artikel 9” (deed in Dutch)
Who represents it, and how
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen burgerlijk recht, overdracht onder levenden,overgang wegens overlijden” (deed in Dutch)“Aangegeven prijs in oorspronkelijke kennisgeving, bij onderling overleg gekozen deskundige,anders voorzitter bevoegde rechtbank op verzoek…” (deed in Dutch)“Intrinsieke waarde op dag overlijden zonder latere vermogenstoename tenzij noodzakelijk gevolg van vóór overlijden verricht, bij onderling…” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding bij besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen, naleving artikels…” (deed in Dutch)“Ontbinding met onmiddellijke sluiting vereffening, algemene vergadering in één akte mits alle vennoten aanwezig en unaniem instemmen” (deed in Dutch)“Algemene vergadering, eenparigheid van aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij besluit algemene vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen, na betaling schulden naar evenredigheid…” (deed in Dutch)