Summary
YAFI has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.3% (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.
- YAFI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Kan bij enkel besluit bestuursorgaan in België en buitenland administratieve zetels agentschappen werkhuizen stapelplaatsen bijkantoren…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Wettelijke bepalingen, zaakvoerder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Door ondertekening register der aandelen en met inachtneming vormvereisten burgerlijk recht, indien geen overeenkomst over prijs wordt prijs…” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 October to 30 September
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “IV.VERGADERING VAN DE VENNOTEN Artikel 20. Algemene vergadering Een vergadering van de vennoten, "jaarvergadering" genoemd, wordt ieder jaar…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Rekening met ongelijke afbetaling inbrengen, uitkeerbaar saldo onder vennoten in verhouding tot aandelenbezit” (deed in Dutch)