Summary
MASSA has been active since 2018 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.
- MASSA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs-en uitbatingszetels,agentschappen,bijhuizen,bureaus,stapelhuizen in België en buitenland bij eenvoudige beslissing…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “7.3. Bevoegdheid De zaakvoerder bezit de meest uitgebreide machten van bestuur en beschikking en is bevoegd om alles te doen wat nodig of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer zaakvoerders, gecommanditeerde vennoten of derden” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Eenparigheid van stemmen, in onderling akkoord,bij gebrek door deskundige” (deed in Dutch)“Onderling akkoord, bij gebrek deskundige, bezit jegens derden eerst na pleegvormen artikel 5.179 Burgerlijk Wetboek” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 April to 31 March
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Door twee experts van elke partij een,bij geen overeenstemming binnen zes maanden na overlijden nieuwe expert door voorzitter…” (deed in Dutch)“Eenparigheid van stemmen, door twee experts,van elke partij een” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed