Summary
ART & MOTION has been active since 2005 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.
- ART & MOTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles Capitale” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée déterminée par l'assemblée générale ou, à défaut, indéterminée, nombre minimum requis par la loi” (deed in French)“Signées par un ou plusieurs membres ayant pouvoir de représentation conformément à l'article 15, §2, registre spécial” (deed in French)3 more provisions on this in the deed
- 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.
- “2, uniquement des droits et obligations fixés dans les présents statuts” (deed in French)“Peut refuser moyennant motivation, sans recours, Membre Effectif” (deed in French)“Peut refuser moyennant motivation, sans recours, Membre Adhérent” (deed in French)“Conseil d'administration” (deed in French)“E-mail à l'adresse communiquée, ou pli recommandé si communication par courrier, conseil d'administration” (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.
- “Assemblée générale, mêmes conditions que modification de l'objet ou du but désintéressé” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs et émoluments, administrateurs en fonction si aucun autre désigné” (deed in French)