Summary
Massart has been active since 2010 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.
- Massart
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams gewest, Putstraat 24 - 3470 Kortenaken” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Een commanditaire vennoot kan geen zaakvoerder zijn, Elke beherende vennoot wordt benoemd als statutaire zaakvoerder” (deed in Dutch)“Minimumloon voor geschoolde arbeiders van dezelfde sector, elke beherende vennoot” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Enkel natuurlijke personen kunnen beherende vennoot of commanditaire vennoot zijn, minstens de helft van hun beroepsinkomen uit de actieve…” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle bevoegdheden zoals bepaald in toepasselijke vennootschapswetgeving, liquidatieboni en eventuele verliezen verdeeld onder vennoten in…” (deed in Dutch)