Summary
ASBR has been active since 2015 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
- PurposeThe activities the company may carry out under its articles.
- “De site Sint-Baafskouter - Rozebroeken,een waardevol groengebied in het grensgebied van Gent en Destelbergen,een buurtgerichte en…” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- ASBR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 9040 Gent,Herlegemstraat 101” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 23:Vertegenwoordiging Bij gerechtelijke handelingen wordt de vereniging vertegenwoordigd door een door het bestuursorgaan aangeduide…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde termijn, 12” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Aanvaarde leden hebben meteen na aanvaarding stemrecht bij alle volgende agendapunten, algemene vergadering beslist over aanvaarden nieuwe…” (deed in Dutch)“Er wordt geen lidgeld betaald” (deed in Dutch)“Zij maken geen deel uit van de algemene vergadering, lid dat ontslag neemt of wordt uitgesloten,heeft geen aanspraak op bezit van vereniging…” (deed in Dutch)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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Een of twee vereffenaars, vrijwillige ontbinding” (deed in Dutch)