ORE-CONSULT

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.

ORE-CONSULT

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.

“Région wallonne, organe d’administration” (deed in French)

deed of 21-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.

“Nommés avec ou sans limitation durée, un ou plusieurs administrateurs” (deed in French)

“Portée aux frais généraux indépendamment frais représentation voyages déplacements, fixe ou proportionnelle” (deed in French)

deed of 21-11-2023

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.

“Toutes cessions entre vifs onéreuses/gratuites volontaires/forcées cas exclusion/retrait en usufruit/nue-propriété/pleine propriété sur…” (deed in French)

deed of 21-11-2023

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.

No statutory auditor

deed of 21-11-2023

Dissolution ruleWhen and by whom the company can be dissolved.

“Assemblee generale, prevues pour modifications aux statuts” (deed in French)

“Assemblée générale délibérant comme en matière de modification des statuts” (deed in French)

deed of 21-11-2023

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.

“Faculte assemblee designer liquidateurs, si aucun autre liquidateur designe” (deed in French)

deed of 21-11-2023

Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.

“Livre des Décisions, décision” (deed in French)

deed of 22-07-2026

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Nominatives, Nature des actions” (deed in French)

Other provision: “Organe détermine s'ils agissent seul ou conjointement, Gestion journalière” (deed in French)

Other provision: “Trois ans, un ou plusieurs commissaires” (deed in French)

Other provision: “Tenue et convocation assemblée générale” (deed in French)

Other provision: “Seances_proces-verbaux, registre au siege” (deed in French)

Other provision: “Deliberations assemblee generale, actions sans droit de vote” (deed in French)

Other provision: “5:141_limites_5:142_et_5:143, repartition reserves” (deed in French)

Liquidation distribution: “Apurement dettes charges frais ou consignation, actif net entre actionnaires proportion actions” (deed in French)

Other provision: “Communications sommations assignations significations valables, election de domicile” (deed in French)

Other provision: “Droit commun, clauses contraires censees non ecrites” (deed in French)

Other provision: “Appels de fonds, traitement égal” (deed in French)

Other provision: “Débiteur-gagiste, apport en numéraire avec émission de nouvelles actions – droit de préférence” (deed in French)

5 more provisions in the deed, see the deed of 21-11-2023

deed of 21-11-2023