Summary
VINCA has been active since 2002 and the Belgian Official Gazette contains no insolvency or warning signals. The 2011 annual accounts show equity of €313,632 and a net result of €132,254. Equity is growing by about 35% per year across the filed financial years. The computed 12-month bankruptcy probability is 0.8% (low).
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.
- VINCА
- 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
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Zaakvoerder, bepaalde of onbepaalde duur” (deed in Dutch)“Duur en ontslag zaakvoerder, algemene vergadering” (deed in Dutch)“Alles nodig of nuttig voor voorwerp, bevoegdheid zaakvoerder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Artikel 13, voorafgaandelijke instemming van al zijn medevennoten” (deed in Dutch)2 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 15:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed