Summary
PITSTART has been active since 2015 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.
- PITSTART
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bevoegdheid om over te gaan tot het oprichten,in België en in het buitenland,van bijhuizen,administratieve…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole manager
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vormen van het burgerlijk recht, volle eigendom,vruchtgebruik,blote eigendom,onder levenden,wegens overlijden” (deed in Dutch)
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.
- Second Monday of May at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillig-bij-besluit-AV-met-eenparigheid-aanwezige-en-geldig-vertegenwoordigde-stemmen, artikels-2:70-e.v.-WWV” (deed in Dutch)“Ontbinding-met-onmiddellijke-sluiting-vereffening, AV-tot-ontbinding-en-sluiting-in-één-akte-mits-alle-vennoten-aanwezig-en-unaniem-instemme…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na-betaling-schulden-naar-evenredigheid-aandelenbezit-onder-vennoten-verdeeld, bij-besluit-AV-met-eenparigheid” (deed in Dutch)