Summary
SEPT has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (very low). No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- SEPT
- 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 België en buitenland bij eenvoudige…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, Artikel 7.1-7.2” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht door overlijden, reële waarde op moment van overdracht” (deed in Dutch)“Overdracht door vereffening of faillissement, marktwaarde op datum van vereffening of faillissement” (deed in Dutch)“Overdracht onder levenden, slechts mits voorafgaandelijke instemming van al zijn medevennoten” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding in situaties en met meerderheid zoals bepaald door artikel 4:16 WVV, redenen tot ontbinding” (deed in Dutch)“Geen reden tot ontbinding, vennootschap en overige vennoten beschikken over wettelijke en statutaire middelen indien vennootschapsbelang…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming vereffenaars en vereffening, bevoegdheden artikel 2:87 t.e.m. 2:92 WVV zonder voorafgaande machtiging algemene vergadering” (deed in Dutch)1 more provision on this in the deed