Summary
BLACKFRIARS has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 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
- Name clauseThe name the company operates under according to its articles.
- The Blackfriars
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Candidat le plus âgé est élu, tous les membres effectifs” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “5, personnes physiques ou morales agréées par l'assemblée générale sur présentation du conseil d'administration qui, par leur engagement…” (deed in French)“Toutes les demandes ouvertes sont traitées, assemblée générale” (deed in French)“Assemblée générale, tous les membres effectifs” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Article 21. Tenue et convocation §1. Il est tenu chaque année, au siège, une assemblée générale ordinaire le premier jour du mois de juin, à…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, obligations rapport applicables selon loi respectées” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)