Summary
ContinuOM Collective has been active since 2022 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 int'l 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.
- ContinuOM Collective
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Werkelijke leden, onbepaalde termijn tenzij termijn bij benoeming” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Uitsluiting lid, algemene vergadering” (deed in Dutch)“Schorsing in afwachting uitsluiting, vervalt van rechtswege geacht nooit te hebben plaatsgehad bij geen uitsluiting” (deed in Dutch)“Toetreding, geen beroep open” (deed in Dutch)3 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.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering die tot ontbinding besluit, activa na aanzuivering schulden overgedragen aan vereniging met gelijkaardig belangeloos…” (deed in Dutch)