Summary
MANY has been active since 2001 and the Belgian Official Gazette contains no insolvency or warning signals. The 2012 annual accounts show equity of €487,921 and a net result of €148,057. Equity is growing by about 49% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.2% (low).
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.
- MANY
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Pour autant que cette décision n'entraîne pas de changement en matière de régime linguistique applicable, Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs gérant(s) statutaire(s), à un collègue par écrit ou moyen à support matériel pour réunion déterminée” (deed in French)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Entre vifs ou pour cause de décès, nullité” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Décision de l'assemblée générale à l'unanimité avec accord du ou des gérant(s), en temps opportun” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus conférés par les articles 2:87 et suivants du Code des sociétés et des associations, désignés par l'assemblée…” (deed in French)