Summary
Milcon has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (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.
- Milcon
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, De vennootschap mag,bij enkel besluit van de zaakvoerder,administratieve zetels,agentschappen en bijkantoren oprichten of…” (deed in Dutch)1 more provision on this in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De enige zaakvoerder vertegenwoordigt alleen de vennootschap in en buiten rechte. Indien er twee of meer zaakvoerders zijn…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Mandaat in rechte en in feite bezoldigd, overlijden,wettelijke onbekwaamheid of verhindering van enige zaakvoerder” (deed in Dutch)“Tijdsduur door haar vast te stellen, één of meerdere” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 09:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Leidt niet automatisch tot ontbinding” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed