Summary
MDW Projects has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (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.
- MDW Projects
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- 2 provisions in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Op naam,register,certificaat,volgnummer, elke vorm ruimste zin,volle/blote/vruchtgebruik,koop-verkoop,ruil,inbreng,ontbinding met…” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Nettowaarde op basis eigen vermogen boekjaar afgesloten onmiddellijk voorafgaand aan uitsluitingsjaar,zonder winst lopend jaar,met verliezen…” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of September at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering bij meerderheid zoals bepaald in wet, voorzitter ondernemingsrechtbank ter bevestiging of homologatie” (deed in Dutch)