Summary
BURSE has been active since 2011 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.
- “Organisatie van culturele activiteiten; Organisatie van sociale activiteiten; Medewerking verlenen aan andere organisaties bij de…” (deed in Dutch)
3 activities (deed in Dutch)
- Organisatie van culturele activiteiten.
- Organisatie van sociale activiteiten.
- Medewerking verlenen aan andere organisaties bij de organisatie van een van bovenstaande activiteiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Burse
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, binnen België binnen hetzelfde taalgebied” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Leden” (deed in Dutch)“2” (deed in Dutch)“Ontslagneming van leden, per e-mail aan Bestuur” (deed in Dutch)“Ontslagneming van toegetreden leden, via mail of brief aan Bestuur” (deed in Dutch)“Beëindiging lidmaatschap toegetreden leden, kan op elk moment worden beëindigd door Bestuur” (deed in Dutch)2 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.
- “Gerechtelijke ontbinding van de vzw, lid,belanghebbende derde of Openbaar Ministerie” (deed in Dutch)1 more provision on this in the deed