Summary
VANCOCARS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (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.
- VANCOCARS
- 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 waar en wanneer nodig…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, één of meerdere” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht onder de levenden, Artikel 13” (deed in Dutch)“Marktwaarde op datum vereffening of faillissement, samen alle aandelen, elk deel in verhouding tot onderling aandelenbezit” (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 Saturday of June at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Artikel 16.1-16.2, situaties en meerderheid zoals bepaald door artikel 4:16 Wetboek van Vennootschappen en Verenigingen,behoudens…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 16.3+16.5, meerdere vereffenaars beslissen en treden op als college met meerderheid van stemmen en handelt door meerderheid van…” (deed in Dutch)