Summary
CULTE has been active since 2009 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.
- “La production et l'édition musicale, graphique, audiovisuelle et informatique; L'organisation d'événements et d'expositions; Le management…” (deed in French)
10 activities (deed in French)
- La production et l'édition musicale, graphique, audiovisuelle et informatique
- L'organisation d'événements et d'expositions
- Le management et la représentation d'artistes
- La gestion des sites internet
- Création musicale electronique
- Promotion
- Développement
- Diffusion
- Enseignement
- Promotion, le développement d'autres activités culturelles et artistiques
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- CULTE ASBL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, Boulevard Emile Bockstael 361 bte 3- 1020 Bruxelles” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Chapitre 2.2: Représentation Art. 53. L'organe d'administration représente l'association, en ce compris la représentation en justice.”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un administrateur peut se faire représenter par un autre administrateur, un administrateur ne peut être porteur que d'une procuration” (deed in French)10 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “5” (deed in French)
Meetings and financial year
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed