Summary
VERBAGRI has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low). 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.
- “Travaux agricoles pour compte de tiers à titre accessoire; Création,implantation et entretien de jardins,de parcs et espaces verts…” (deed in French)
3 activities (deed in French)
- Travaux agricoles pour compte de tiers à titre accessoire
- Création,implantation et entretien de jardins,de parcs et espaces verts
- Terrassements
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VERBAGRI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, organe d’administration peut déplacer le siège dans limites article 2:4 CSA dont emploi des langues” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée,statutaire si nommés dans statuts, pouvoirs spéciaux à tout mandataire actionnaire ou non” (deed in French)“Rémunération possible si pas participation aux bénéfices et fixée par assemblée générale conformément à article 1er §6 arrêté royal…” (deed in French)
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.
- “Cessions entre vifs et pour cause de décès,onéreux et gratuit,volontaires et forcées,usufruit,nue-propriété,pleine propriété,actions et…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Conditions article 10, actionnaires existants et tiers répondant aux conditions” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Démission à charge du patrimoine après deux ans après inscription au livre des actionnaires, seulement pendant six premiers mois exercice…” (deed in French)“Actions annulées, justes motifs” (deed in French)2 more provisions on this in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 October to 30 September
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 31 March at 18:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs les plus étendus articles 2:87 et suivants CSA, si plusieurs liquidateurs” (deed in French)