Breakout
Active Risk: not assessedSummary
Breakout is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The association has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- Breakout
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- Vlaams Gewest, Artikel 2
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- Onbepaalde duur, terugbetaald op voorlegging bewijsstukkenGewone meerderheid aanwezige en vertegenwoordigde stemmen, Algemene VergaderingUitsluitend interne werking;beperkt vertegenwoordigingsbevoegdheid niet, Bestuur onder zijn leden1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- Lidmaatschapsbijdrage, 0Ontslagneming van leden, schriftelijk, met inbegrip van per e-mail, aan bestuursorgaanSchorsing van leden, schorsing in afwachting van Algemene Vergadering over beëindiging lidmaatschapUitsluiting van leden, geheim3 more provisions 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.
- Minstens twee derde leden aanwezig of vertegenwoordigd, tweede vergadering geldig ongeacht aantal;niet binnen 15 dagen na eerste