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Philips Classics

Active
Private limited companyfounded 2010active for 16 yearsReeckervelt 8, 3770 Riemst, BelgiumKBO/BCE: BE 0824.304.812
Summary

The computed 12-month bankruptcy probability of Philips Classics is 2.0% (moderate). The 2024 annual accounts show equity of €154,431 and a net result of €11,332. Equity is growing by about 9.4% per year across the filed financial years. Its solvency ranks better than 45% of 15,450 sector peers (NACE 46, financial year 2024). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.

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Philips ClassicsActiveChecked score 53/100
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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.
Philips Classics
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Enkel besluit, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren” (deed in Dutch)

deed of 25-01-2024

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.
“Onbepaalde duur bij gebrek aan bepaling, één of meer bestuurders” (deed in Dutch)

deed of 25-01-2024

Capital, shares and profit

Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Vermelde prijs of bij betwisting door deskundige, voor helft overdrager en helft koper(s)” (deed in Dutch)

deed of 25-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
31 March at 17:00

deed of 25-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Algemene vergadering in vormen statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestuurder(s) in functie indien geen andere benoemd” (deed in Dutch)

deed of 25-01-2024

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

Other provision: “Stortingsplicht, zelfstandig” (deed in Dutch)
Other provision: “Inbreng in geld met uitgifte van nieuwe aandelen – recht van voorkeur, geld” (deed in Dutch)
Other provision: “Op naam, aard van de aandelen” (deed in Dutch)
Other provision: “Tot dag verdeling aandelen of afgifte legaten, ondeelbaarheid van effecten” (deed in Dutch)
Other provision: “Bestuursbevoegdheid, alle handelingen nodig of nuttig voor verwezenlijking voorwerp” (deed in Dutch)
Other provision: “Vergoeding van de bestuurders, algemene kosten” (deed in Dutch)
Other provision: “Controle van de vennootschap, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Schriftelijke algemene vergadering, 20 dagen voor statutaire datum” (deed in Dutch)
Other provision: “Elektronische algemene vergaderingen, intern reglement bestuursorgaan” (deed in Dutch)
Other provision: “Toegang algemene vergadering” (deed in Dutch)
Other provision: “Bestuurder,zoniet aandeelhouder meeste aandelen,pariteit oudste, Zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Bestuursorgaan, Verdaging” (deed in Dutch)
Other provision: “Bestemming winst-reserves, algemene vergadering op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Laatste goedgekeurde jaarrekening of recentere staat, Instandhouding vermogen-uitkeringen” (deed in Dutch)
Other provision: “Woonstkeuze, zetel” (deed in Dutch)
Other provision: “Rechtbank rechtsgebied zetel, Gerechtelijke bevoegdheid” (deed in Dutch)
Other provision: “Gemeen recht” (deed in Dutch)
4 more provisions in the deed, see the deed of 25-01-2024

deed of 25-01-2024

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