Summary
MULTI DESIGN has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very 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.
- MULTI DESIGN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan kan bij enkel besluit administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren vestigen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12 - Bestuur - Externe vertegenwoordiging ledere zaakvoerder afzonderlijk, ook wanneer er meerdere zijn, vertegenwoordigt de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde duur of zonder beperking, van rechtswege als gecommanditeerde beschouwd” (deed in Dutch)“Oudste aanwezige zaakvoerder,leeftijd vaste vertegenwoordiger indien rechtspersoon, meerderheid zaakvoerders aanwezig of vertegenwoordigd” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder levenden aan medevennoot of derde, voorafgaand geschreven akkoord alle andere vennoten” (deed in Dutch)1 more provision on this 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 19:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed