Summary
Xerion has been active since 2017 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (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.
- Xerion
- 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.
- “Vlaams Gewest, statutenwijziging” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 12: Handtekeningen De maatschappelijke handtekening behoort toe aan de zaakvoerders, en eventueel aan de directeurs volmachthouders…”
- 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.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- “Artikel 18: Maatschappelijk boekjaar - Verdeling Het maatschappelijk boekjaar begint op 1 januari van elk jaar en sluit af op de laatste dag…” (deed in Dutch)
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Verder bestaan onder overlevende vennoten, desgevallend nieuwe vennoot/zaakvoerder aanduiden, erfgenamen of legatarissen die nog geen…” (deed in Dutch)“Algemene vergadering beslist ontbinding en sluiting in één akte mits alle vennoten aanwezig en unaniem instemmen, vereist voldoen aan…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Besluit algemene vergadering door helft vennoten in bezit drie vierden vennootschapsvermogen, één of meer vereffenaars al dan niet vennoten…” (deed in Dutch)