Summary
Practice for Mind and Matter has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (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.
- PRACTICE for MIND and MATTER
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs- en uitbatingszetels, agentschappen en bijhuizen, bureaus en stapelhuizen in Belgie en buitenland bij eenvoudige…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Wie kan zaakvoerder zijn en benoeming, een of meerdere zaakvoerders” (deed in Dutch)“Duur en ontslag zaakvoerder, algemene vergadering” (deed in Dutch)“Bewindvoerder bij wegvallen enige zaakvoerder, 1 maand” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 1200” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht door overlijden, erfgenamen,legatarissen of rechtsopvolgers nemen van rechtswege plaats in” (deed in Dutch)“Marktwaarde op datum van vereffening of faillissement, voorkooprecht” (deed in Dutch)“Gehele of gedeeltelijke overdracht, 13” (deed in Dutch)“Onderling overleg overdrager en overnemer, samen aanstelling onafhankelijke expert met ieders vertrouwen” (deed in Dutch)“Overdracht aan unaniem aanvaarde waarde, actuele waarde begroten met unanieme goedkeuring” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- 2 provisions in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 2:87 t.e.m. 2:92 WVV zonder voorafgaande machtiging, 16.3” (deed in Dutch)