Summary
VOLT 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
- Name clauseThe name the company operates under according to its articles.
- VOLT
- 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 bij eenvoudige…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur, algemene vergadering” (deed in Dutch)“Één maand door algemene vergadering vastgesteld, algemene vergadering stelt op verzoek van één of meerdere vennoten vennoot of ander persoon…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Bindend, onderling overleg overdrager overnemer” (deed in Dutch)“Overdracht door overlijden,vereffening of faillissement, behoudens andersluidende of meer specifieke bepalingen in door alle vennoten…” (deed in Dutch)“Overdracht onder de levenden, voorafgaandelijke instemming van al zijn medevennoten” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Thursday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Artikel 12, besluit algemene vergadering of rechterlijke beslissing met kracht van gewijsde” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Artikel 2:87 tot en met 2:92 WVV zonder voorafgaande machtiging, bij meerdere vereffenaars beslissing en optreden als college met…” (deed in Dutch)