Summary
PUSH IT has been active since 2010 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.
- PUSH IT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, bestuur” (deed in Dutch)“Duur en ontslag zaakvoerder, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Marktwaarde op datum van vereffening of faillissement, geen zegels,gerechtelijke inventaris of belemmering normale gang van zaken” (deed in Dutch)“Overdracht onder levenden slechts met voorafgaandelijke instemming van al zijn medevennoten, Artikel 13” (deed in Dutch)“Waarde niet in laatste jaarlijkse algemene vergadering met unanieme goedkeuring begroot, Artikel 14.1” (deed in Dutch)“Vennoten kunnen in jaarlijkse algemene vergadering met unanieme goedkeuring actuele waarde begroten, op die vergadering unaniem aanvaarde…” (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 Saturday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “In afwijking van voorgaande, indien aan wettelijke voorwaarden voldaan” (deed in Dutch)1 more provision on this in the deed