MEGANTA MAGIC
ActiveSummary
The computed 12-month bankruptcy probability of MEGANTA MAGIC is at least 25% (high). The latest annual accounts of MEGANTA MAGIC were filed more than 90 days after the deadline. The 2020 annual accounts show equity of €3,306 and a net result of -€22,875. Equity is shrinking by about 29% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2022. Its solvency ranks better than 24% of 18,827 sector peers (NACE 47, financial year 2020). The company has been active since 2015 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags).
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.
- MEGANTA MAGIC
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, simple décision de l’organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “président et qui, par la suite, agira comme le fait une assemblée délibérante. Les administrateurs peuvent par procuration spéciale déléguer…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, physiques ou morales actionnaires ou non” (deed in French)“Tous_actes_nécessaires_utiles_objet_sauf_loi_statuts_assemblée, procuration_spéciale_préposé_conjointement_si_pluralité” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, usufruitier et nu-propriétaire inscrits séparément avec droits respectifs” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié_cédant_moitié_acquéreurs_proportionnellement, commun_accord_ou_président_tribunal_entreprise_référé” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Apport en numéraire avec émission de nouvelles actions, droit de préférence, courrier électronique, ou courrier ordinaire même jour si pas…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérant dans formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, sans préjudice faculté assemblée générale de désigner un ou plusieurs…” (deed in French)