Summary
The computed 12-month bankruptcy probability of Timeflies is 1.6% (moderate). The company has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Ontwerpen en programmeren van computerprogramma's; Computerconsultancy-activiteiten; Gegevensverwerking,webhosting en aanverwante…” (deed in Dutch)
9 activities (deed in Dutch)
- Ontwerpen en programmeren van computerprogramma's;
- Computerconsultancy-activiteiten;
- Gegevensverwerking,webhosting en aanverwante activiteiten;
- Reclamebureaus;
- Vervaardigerı van consumptie-ijs;
- Vervaardiging van gedistilleerde dranken door distilleren,rectificeren en mengen;
- Detailhandel in wijnen en geestrijke dranken in gespecialiseerde winkels;
- Eetgelegenheden met volle bediening;
- Cafés en bars.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Timeflies
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, algemene vergadering indien taal wijzigt” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Burgerlijk,recht, onderling,overleg,bij,gebrek,voorzitter,bevoegde,rechtbank,op,verzoek,partij” (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.
- Third Friday of June at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding bij besluit vergadering met eenparigheid aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)“Vereenvoudigde ontbinding en vereffening, ontbinding en sluiting in één akte mits alle vennoten aanwezig en unaniem instemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na betaling schulden naar evenredigheid aandelenbezit onder vennoten, bij besluit vergadering met eenparigheid aanwezige en geldig…” (deed in Dutch)