Summary
COVEN 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 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.
- “Espace collaboratif d'accompagnement et de soutien à la création pour les auteurices; Création de contenu créatif; Mise à disposition d'un…” (deed in French)
4 activities (deed in French)
- Espace collaboratif d'accompagnement et de soutien à la création pour les auteurices.
- Création de contenu créatif.
- Mise à disposition d'un espace dédié à la création littéraire.
- Espace d'entraide et de motivation.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Coven
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, Drève du Petit Père Michel 1 à 1420 Braine l'Alleud” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “2.Vis à vis des tiers, l'association est valablement engagée par la signature d'un administrateur. Les administrateurs qui posent des actes…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Deux administrateurs s'il y a deux membres sinon trois au moins, membres ou tiers” (deed in French)3 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Seuls effectifs y compris vote assemblée générale, 2” (deed in French)
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 Monday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale sauf dissolution judiciaire ou de fait, articles 2:109-2:103 du CSA de la loi du 23 mars 2019” (deed in French)