VMW
Active Risk: not assessedSummary
VMW is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank; this conclusion rests only on the KBO register and the Belgian Official Gazette.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Capacité juridique générale” (deed in French)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VMW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bruxelles-Capitale, La société peut établir, par simple décision de l'organe d'administration, des filiales, sièges administratifs, agences…” (deed in French)
- Elected domicileThe address where directors or the company receive official documents.
- “Toutes communications, sommations, assignations, significations peuvent lui être valablement faites, siège de la société” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe d'administration, Les administrateurs non-statutaires sont révocables 'ad nutum' par l'assemblée générale, qui peut accorder une…” (deed in French)
Capital, shares and profit
- Share classWhich classes of shares exist and what rights each class carries.
- “100, droits identiques dans la répartition des bénéfices et des produits de la liquidation” (deed in French)“Nominatives, titulaires peuvent prendre connaissance du registre relatif à leurs titres” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Article 9. Cession d’actions” (deed in French)“Considérés comme donnant leur agrément, pli recommandé” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Personnes auxquelles les actions peuvent être librement cédées ou tiers moyennant l'agrément de la moitié au moins des actionnaires…” (deed in French)3 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.
- “Article 21. Répartition – réserves” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 24 May at 14:00
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Article 16. Admission à l’assemblée générale” (deed in French)
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Signées par un ou plusieurs membres de l'organe d'administration ayant le pouvoir de représentation, consignés dans un registre tenu au…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Écrite, par tout moyen de transmission, à toute autre personne actionnaire ou non, droit de vote au propriétaire-gageur” (deed in French)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps, décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 23. Liquidateurs” (deed in French)
- JurisdictionWhich court has jurisdiction in a dispute about the company.
- “Article 26. Compétence judiciaire” (deed in French)