Summary
The computed 12-month bankruptcy probability of MLC's Future is 1.6% (moderate). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- MLC's Future
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, zaakvoerder is gemachtigd bestuurszetels,filialen,agentschappen,zowel in België als in het buitenland op te richten” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 8 - Enkel de zaakvoerder beschikt over de maatschappelijke handtekening, maar hij zal er enkel gebruik mogen van maken voor de zaken…”
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Artikel 14, verliezen belopen 100% van kapitaal” (deed in Dutch)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 17, zaakvoerder wordt aangesteld als vereffenaar” (deed in Dutch)