Summary
PlayRight has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.9% (low). No figures have been read from the filed annual accounts.
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.
- PlayRight
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Bruxelles-Capitale, Conseil d'Administration peut décider établir siège ailleurs en Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “16, Conseil d'Administration” (deed in French)“Élu achève mandat remplacé, révocation et cooptation” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Variable, apport en numéraire” (deed in French)1 more provision on this in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “Affiliation, adhésion aux statuts et règlements opposables à tous associés et affiliés” (deed in French)“Personnes physiques, affilié” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Trois quarts des associés présents ou représentés, si condition non remplie Conseil d'Administration convoque dans les trois mois seconde…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs, mode de liquidation et rémunération, tant que non désignés Conseil d'Administration chargé de plein droit” (deed in French)