Summary
The computed 12-month bankruptcy probability of WVA is 1.9% (moderate). The company has been active since 2023 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
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- WVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each manager alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Verder blijven bestaan onder overlevende vennoten, desgevallend nieuwe vennoot/zaakvoerder aanduiden, erfgenamen of legatarissen moeten…” (deed in Dutch)“Bij onderling overleg anders voorzitter bevoegde rechtbank op verzoek een partij, 9” (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.
- “Artikel 17 : Algemene vergaderingen De algemene vergadering bestaat uit de gecommanditeerde en de commanditaire venno(o)t(en). De gewone…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Erfgenamen of legatarissen van overleden vennoot, desgevallend nieuwe vennoot/zaakvoerder aanduiden” (deed in Dutch)“Vrijwillige ontbinding, in bezit van volledige vennootschapsvermogen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meest uitgebreide bevoegdheden voorzien in vennootschapswetgeving, één of meer vereffenaars,al dan niet vennoten” (deed in Dutch)“Algemene vergadering tot ontbinding en sluiting in één akte, alle vennoten aanwezig en unaniem instemmend” (deed in Dutch)