SILEC

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.

SILEC

Registered office clauseThe region of the registered office; it decides among other things the language of official documents.

“Région wallonne, par simple décision de l’organe d’administration,des sièges administratifs,agences,ateliers,dépôts et succursales,tant en…” (deed in French)

deed of 24-11-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.

“Nommés avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)

deed of 24-11-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.

Last Friday of May at 19:00

deed of 24-11-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.

“En tout temps, décision de l'assemblée générale délibérant dans formes prévues pour modifications aux statuts” (deed in French)

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.

“Homologations judiciaires requises, administrateurs en fonction désignés comme liquidateurs en vertu des statuts si aucun autre désigné” (deed in French)

deed of 24-11-2023

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

Other provision: “Responsabilités organe d’administration en dissolution, 30-06-2026” (deed in French)

1 more provision in the deed, see the deed of 08-10-2026

deed of 08-10-2026

Liquidation distribution: “Actif net entre tous actionnaires en proportion de leurs actions, remis pour partage même proportion” (deed in French)

deed of 24-11-2023