Summary
AGRINEW has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low). A small non-profit association files its annual accounts with the court registry, not 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.
- AGRINEW
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Quatre ans, conseil d'administration dénommé organe d'administration” (deed in French)“Conseil d'administration, Article 15” (deed in French)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Article 5, cooptation aux vacances par décès, démission, radiation ou exclusion” (deed in French)“Article 6, libre de se retirer par simple lettre adressée au Président” (deed in French)“Article 8, Conseil d'administration peut décider souverainement et sans autre motivation de ne pas accepter un candidat” (deed in French)“Perdront de droit cette qualité s'ils ne sont pas en ordre de cotisation pour l'année en cours, tel que décidé par l'Assemblée générale…” (deed in French)“Article 12, membre démissionnaire ou exclu n'a aucun droit sur le fonds social et n'a aucun droit au remboursement des cotisations versées” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Article 30, moyennant conditions fixées par Code des sociétés et associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Article 30, après acquittement du passif fixe destination à donner au patrimoine” (deed in French)