Summary
Verdaco has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very 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
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- “Niet-afgeschafte rechtsvorm, eenparigheid van stemmen” (deed in Dutch)
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, De vennootschap kan, zowel in België als in het buitenland, bestuurs- en uitbatingszetels, agentschappen en bijhuizen…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De enige zaakvoerder vertegenwoordigt de vennootschap jegens derden en in rechte, zowel als eiser als verweerder. Indien er twee…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, zaakvoerders” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Marktwaarde op datum van vereffening of faillissement, voorkooprecht voor overige vennoten” (deed in Dutch)6 more provisions on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 April to 31 March
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Saturday of September at 10:00
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 5 provisions in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- 3 provisions in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 3 provisions in the deed