Summary
O T E has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (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.
- OTE VOF
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs-en uitbatingszetels,agentschappen en bijhuizen,bureaus en stapelhuizen in België en buitenland waar en wanneer nodig…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overeenkomstig artikel 14, geen zegels,gerechtelijke inventaris of belemmering” (deed in Dutch)“Overdracht onder de levenden, Artikel 13” (deed in Dutch)“Overdracht aan op die vergadering unaniem aanvaarde waarde, Artikel 14” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit van algemene vergadering of rechterlijke beslissing met kracht van gewijsde, situaties en meerderheid zoals bepaald door artikel…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij meerdere vereffenaars beslissing en optreden als college met meerderheid van stemmen en handelen door meerderheid van leden, algemene…” (deed in Dutch)