Modus Vivendi Projects
ActiveSummary
Modus Vivendi Projects is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. For Modus Vivendi Projects, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €828,409 and a net result of €107,006. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 59% of 9,701 sector peers (NACE 64, financial year 2024). The company has been active since 2012 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- Modus Vivendi 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
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Bestuursorgaan, vaste vertegenwoordiger hoofdelijk met rechtspersoon aansprakelijk alsof eigen mandaat in eigen naam en voor eigen rekening” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “TITEL V - Algemene vergadering Artikel 18. Organisatie en bijeenroeping Ieder jaar wordt een gewone algemene vergadering van aandeelhouders…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meerdere vereffenaars aanduiden,bevoegdheden omlijnen en vergoeding bepalen, bestuurder(s) in functie als vereffenaar(s) krachtens…” (deed in Dutch)