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PYT DECOR

Active
Private limited companyfounded 2024active for 2 yearsMutsaardplein 2, 1853 Grimbergen, Belgium144 active companies are registered at this addressKBO/BCE: BE 1007.338.862
Summary

The computed 12-month bankruptcy probability of PYT DECOR is 17.8% (high). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.

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PYT DECORActive
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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.
PYT DECOR
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Eenvoudige beslissing, Vlaamse Gewest” (deed in Dutch)

deed of 22-03-2024

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.
“Met of zonder beperking van duur, één of meer” (deed in Dutch)
“Vaste of evenredige vergoeding, algemene kosten los van representatie-,reis-en verplaatsingskosten” (deed in Dutch)
1 more provision on this in the deed

deed of 22-03-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
One provision in the deed
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Voor helft overdrager en helft koper(s) naar evenredigheid aantal bij meer kopers,ook bij erfgenaam of legataris, elke overdracht onder…” (deed in Dutch)
Share issue ruleHow and by whom new shares can be issued.
“100, gelijk recht in de winstverdeling” (deed in Dutch)

deed of 22-03-2024

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December

deed of 22-03-2024

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering, volgens vereisten voor statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 22-03-2024

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

Other provision: “Stortingsplicht, bestuurder(s)” (deed in Dutch)
Other provision: “Nieuwe aandelen in geld eerst aan bestaande aandeelhouders naar evenredigheid van aantal aandelen, Inbreng in geld met uitgifte van nieuwe…” (deed in Dutch)
Other provision: “Eigenvermogensrekening, inbrengen van de oprichters op beschikbare eigenvermogensrekening” (deed in Dutch)
Other provision: “Op naam, aard van andere effecten dan aandelen” (deed in Dutch)
Other provision: “Hernieuwbare termijn van drie jaar, één of meerdere commissarissen” (deed in Dutch)
Other provision: “Alle besluiten behorende tot bevoegdheid algemene vergadering, schriftelijke algemene vergadering” (deed in Dutch)
Other provision: “Toegang tot algemene vergadering, rechten verbonden aan effecten niet geschorst” (deed in Dutch)
Other provision: “Bestuurder, bij gebrek daaraan aanwezige aandeelhouder met meeste aandelen, bij pariteit oudste, zittingen-processen-verbaal” (deed in Dutch)
Other provision: “Beraadslagingen-stemming-volmacht-agenda-meerderheid, meerderheid van stemmen” (deed in Dutch)
Other provision: “Bestuursorgaan, tijdens zitting” (deed in Dutch)
Other provision: “Bestemming winst-reserves, in voorkomend geval verminderd met overgedragen verlies of vermeerderd met overgedragen winst” (deed in Dutch)
Liquidation distribution: “Goederen nog in natura voorhanden op zelfde wijze verdeeld, netto actief verdeeld onder alle aandeelhouders in verhouding tot aantal…” (deed in Dutch)
Other provision: “Voor uitvoering statuten, alle mededelingen, aanmaningen, dagvaardingen en betekeningen geldig, woonstkeuze” (deed in Dutch)
Other provision: “Gemeen recht, clausules strijdig met dwingende bepalingen geacht niet geschreven” (deed in Dutch)
2 more provisions in the deed, see the deed of 22-03-2024

deed of 22-03-2024

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