Carnabal
Active Risk: not assessedSummary
Carnabal 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 2025 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.
- Carnabal
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Art. 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering bepaald, bij gebrek onbepaalde duur, collegiaal bestuursorgaan raad van bestuur” (deed in Dutch)“Artikel 11, raad van bestuur kiest uit midden een voorzitter” (deed in Dutch)“Artikel 16, indien bezoldigd bepaalt algemene vergadering met absolute meerderheid bedrag vaste of evenredige vergoeding,geboekt op algemene…” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Toelating, geen beroep op rechter” (deed in Dutch)“Uittreding, gewone brief op zetel of e-mail” (deed in Dutch)“Uitsluiting, gewone brief of e-mail” (deed in Dutch)“Ledenbijdragen, Artikel 9” (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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June at 15:00
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, bestuurders in functie krachtens statuten indien geen andere vereffenaar benoemd” (deed in Dutch)