Summary
PARAMETRIC TECHNOLOGY (BELGIUM) has been active since 1994 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.1% (low). No figures have been read from the filed annual accounts.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Software,alsmede diensten en producten die daarmee verband houden,ontwikkelen,verkopen,in licentie geven en verdelen” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- PARAMETRIC TECHNOLOGY (BELGIUM)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Brussels Hoofdstedelijk Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 17: Externe vertegenwoordigingsmacht 17.1 Elke bestuurder kan de vennootschap alleen handelend geldig in en buiten rechte…”
- Board ruleHow the board is made up, meets and takes decisions.
- “1, natuurlijke persoon of rechtspersoon,al dan niet aandeelhouder” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Indien vennootschap slechts uit één aandeelhouder bestaat, overdracht van geheel of gedeelte van zijn aandelen wordt door enige…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of February at 10:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer, benoeming vereffenaars” (deed in Dutch)“Bevoegdheden vereffenaars, alle handelingen nodig of dienstig voor vereffening” (deed in Dutch)1 more provision on this in the deed