Summary
CORPUSCOMITE has been active since 1985 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
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Corpuscomité vzw
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 14. §1. Het bestuursorgaan is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het…”
- Board ruleHow the board is made up, meets and takes decisions.
- “3, algemene vergadering” (deed in Dutch)“Door algemene vergadering bepaald, bij gebrek 5 jaar, herstemming tussen twee meeste stemmen bij geen meerderheid” (deed in Dutch)“Eerstvolgende algemene vergadering moet bevestigen, volbrengt mandaat voorganger tenzij anders beslist” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Geen jaarlijks lidgeld kan opgelegd worden” (deed in Dutch)“Gemotiveerd verzoek bij gewone brief of per e-mail met naam,voornamen en woonplaats, bestuursorgaan” (deed in Dutch)“Onbepaalde duur, per e-mail of bij postkeuze per aangetekende brief” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Aanwezigheid minstens twee derden van de leden, vier vijfden meerderheid” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed