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BALY

Active Risk: low
Non-profit associationfounded 2025active for 1 yearChaussée de Liège(AMP) 162, 4540 Amay, BelgiumKBO/BCE: BE 1019.501.573
Summary

BALY has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.6% (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.
BALY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région wallonne, adresse du nouveau siège au Moniteur” (deed in French)

deed of 28-02-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 27 - L'Organe d'administration représente l'association dans tous les actes judiciaires et extrajudiciaires. Il peut toutefois…”
Board ruleHow the board is made up, meets and takes decisions.
“3, 25” (deed in French)
1 more provision on this in the deed

deed of 28-02-2025

Capital, shares and profit

Membership ruleWho can become a member or partner, and on what terms.
“Selon statuts,seules modalités d'exercice peuvent figurer au R.O.I., 5” (deed in French)
“6, titre d'affilié d'honneur ou parrain par Organe,non cumulable avec effectif ou adhérent;titre d'affilié émérite pour services insignes” (deed in French)
“Non-respect statuts,défaut de paiement au plus tard dans le mois du rappel par lettre recommandée,défaut présent représenté ou excusé à…” (deed in French)

deed of 28-02-2025

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December

deed of 28-02-2025

Oversight and winding up

Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
No statutory auditor
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution-liquidation, greffe Tribunal de l'Entreprise” (deed in French)

deed of 28-02-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Pouvoirs de l'Assemblée générale” (deed in French)
Other provision: “Convocation à l'Assemblée générale, A.R.” (deed in French)
Other provision: “Pouvoirs de l'Organe d'administration, les plus étendus pour l'administration et la gestion” (deed in French)
Other provision: “2 ans, toutes les affaires-gestion et administration” (deed in French)
Other provision: “Informer autres administrateurs avant délibération, conflit d'intérêts au sein de l'Organe d'administration” (deed in French)
Other provision: “Règlement d'ordre intérieur, simple des membres présents ou représentés” (deed in French)
Other provision: “Sans déplacement du registre, siège social” (deed in French)
11 more provisions in the deed, see the deed of 28-02-2025

deed of 28-02-2025