Summary
VKR has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (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
- Name clauseThe name the company operates under according to its articles.
- VKR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)1 more provision on this in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 15: Vertegenwoordigingsbevoegdheid. ledere zaakvoerder vertegenwoordigt, alléén handelend, de vennootschap jegens derden en in…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onmiddellijk na gewone algemene vergadering tot nieuwe benoeming, door vennoten vast te stellen” (deed in Dutch)“Algemene kosten, onbezoldigd tenzij andersluidende beslissing algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Eerst aangeboden aan bestaande vennoten naar evenredigheid van aantal aandelen, nieuwe aandelen waarop in geld wordt ingeschreven” (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
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