Summary
MiSt has been active since 2021 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.
- MiSt - CommV.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Opgenomen in notulen, vennootschap blijft voortduren bij overlijden, vereffening, onbekwaamverklaring of verhindering van de zaakvoerder(s)” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht bij leven, aangetekende brief” (deed in Dutch)“Overdracht bij overlijden, erfgenamen, legatarissen en rechtverkrijgenden ten gevolge van het overlijden van een vennoot (of ontbinding van…” (deed in Dutch)1 more provision on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- “Algemene vergadering” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “Uittreding, op voorwaarde dat er minstens twee vennoten overblijven” (deed in Dutch)“Aansprakelijkheid vennoten” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of May at 10:00
- General meeting ruleHow the general meeting works: who calls it, who may attend and how it decides.
- “Alle vennoten” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Overeenkomstig de bepalingen voorzien in artikel 7 van de statuten” (deed in Dutch)“Vrijwillige ontbinding, gewone meerderheid van de aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)“Vereenvoudigde ontbinding en vereffening, unaniem instemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Behoudens een vereenvoudigde ontbinding en vereffening conform artikel 2:80 WVV” (deed in Dutch)