Summary
De Dendergalm has been active since 1933 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.
- DE DENDERGALM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “§2. Onverminderd de algemene vertegenwoordigingsmacht van de raad van bestuur als college, zijn alle akten die de vereniging verbinden, in…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling raad van bestuur, minimum door wet voorgeschreven” (deed in Dutch)“Voorzitterschap raad van bestuur, voorzitter verhinderd” (deed in Dutch)“Schriftelijk, plaats in oproepingsbrief,bij gebrek zetel” (deed in Dutch)“Besluitvorming raad van bestuur, meerderheid aanwezig of vertegenwoordigd” (deed in Dutch)“Bevoegdheden raad van bestuur, EUR” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “5, enkel rechten en verplichtingen vastgelegd in statuten” (deed in Dutch)“6, eerstvolgende algemene vergadering of bijzondere algemene vergadering in maand juni elk jaar voor openstaande aanvragen” (deed in Dutch)“Uittreding, 7” (deed in Dutch)“Uitsluiting, 8” (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.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Om welke reden en op welk ogenblik ook, algemene vergadering mag een of meerdere vereffenaars aanduiden,bevoegdheden omlijnen,vergoeding…” (deed in Dutch)