VYCY DRIVE
Active Risk: not assessedSummary
VYCY DRIVE is less than twelve months old; 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.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L’exploitationd’uneauto-écoleet,plusgénéralement,toutesactivitésdeformationpratiqueetthéoriqueàlaconduitedevéhiculesautomobilessoustoutesleu…” (deed in French)
6 activities (deed in French)
- L’exploitationd’uneauto-écoleet,plusgénéralement,toutesactivitésdeformationpratiqueetthéoriqueàlaconduitedevéhiculesautomobilessoustoutesleursformes
- L’organisationdecours,stages,séminaires,formationsetperfectionnementsrelatifsàlaconduite,àlasécuritéroutière,àlamobilitéetàl’utilisationdevéhiculesmotorisés
- Lapréparationauxexamensthéoriquesetpratiquesenvuedel’obtentiondepermisdeconduiretoutescatégories
- Toutesprestationsdeconseil,d’accompagnementetd’assistanceenmatièredeconduiteautomobileetdesécuritéroutière
- L’achat,lavente,lalocation,leleasing,l’entretienetlagestiondevéhiculesetdematérielsnécessairesàl’exercicedesesactivités
- Toutesopérationscommerciales,mobilières,immobilières,financièresouindustriellesserapportantdirectementouindirectementàsonobjetoususceptiblesd’enfavoriserlaréalisationouledéveloppement
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- One provision in the deed
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, Article 12” (deed in French)“Article 14, frais généraux indépendamment des frais de représentation,voyages et déplacements” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant,moitié acquéreurs au prorata, mêmes formalités si non actionnaires de plein droit” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 30-06-2027, first annual accounts due by 31-01-2028
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.
- “Assemblée générale, prévues pour les modifications aux statuts” (deed in French)1 more provision on this in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment que ce soit, faculté de l'assemblée de désigner un ou plusieurs liquidateurs et…” (deed in French)