Summary
DRRS has been active since 2004 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.
- DRRS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 15. Pouvoirs du conseil d'administration Le conseil d'administration a le pouvoir d'accomplir tous les actes nécessaires ou utiles à…”
- Board ruleHow the board is made up, meets and takes decisions.
- “5 ans, assemblée générale à tout moment avec effet immédiat et sans motif” (deed in French)“Vice-président sinon administrateur désigné sinon plus âgé des présents, conseil d'administration parmi ses membres” (deed in French)“Indépendamment frais représentation,voyages,déplacements, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “2, personnes admises comme Membre Adhérent conformément à l'article 6, §2” (deed in French)“Pli recommandé, conseil d'administration” (deed in French)“Libre à tout moment, démission” (deed in French)“Exclusion, conseil d'administration” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 December to 30 November
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Obligations de rapport applicables selon loi respectées, mêmes conditions que modification objet ou but désintéressé” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution pour quelque cause et à quelque moment, faculté assemblée générale de désigner un ou plusieurs liquidateurs et déterminer…” (deed in French)