Summary
Commons Hub Brussels has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (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.
- “Le soutien aux initiatives citoyennes qui œuvrent pour le développement d'une économie locale,durable et régénératrice” (deed in French)
Text of the purpose (deed in French)
“Le soutien aux initiatives citoyennes qui œuvrent pour le développement d'une économie locale,durable et régénératrice.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Citizen Spring
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Indéterminée, 3” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Seuls les Membres Effectifs, fondateurs” (deed in French)“Demande écrite à un Membre Effectif, entière discrétion sans obligation de motivation ni possibilité de recours” (deed in French)“Droits et obligations décrits dans les statuts, pas de droit de voter à l'Assemblée Générale” (deed in French)“Assemblée Générale avec au moins deux tiers des Membres Effectifs présents ou représentés et majorité des deux tiers des votes présents ou…” (deed in French)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
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed