Summary
The computed 12-month bankruptcy probability of Daring Dandy is 2.1% (moderate). The association has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- Daring Dandy
- 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
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het dagelijks bestuur rapporteert maandelijks aan het bestuursorgaan en neemt deel aan de algemene vergadering, zonder dat zijn hoedanigheid…”
- Board ruleHow the board is made up, meets and takes decisions.
- “6 jaar, 2” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “2, ondergetekende stichters” (deed in Dutch)“Bestuursorgaan, zetel” (deed in Dutch)“Algemene vergadering, voorzitter van het bestuursorgaan” (deed in Dutch)
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.
- In March
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Twee derde van leden aanwezig, vier vijfde meerderheid van uitgebrachte stemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vrijwillige ontbinding, één of meer vereffenaars” (deed in Dutch)