Summary
E.D.E.N has been active since 2008 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.
- E.D.E.N.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 27 L'Organe d'administration représente l'association dans tous les actes judiciaires et extrajudiciaires. Il peut toutefois confier…”
- Board ruleHow the board is made up, meets and takes decisions.
- “3 ans, conseil organe” (deed in French)“Consultatif uniquement, organe parmi membres” (deed in French)“President plus volontaires registre siege, administrateurs representation” (deed in French)“Article_9.7_CSA, reserves_loi_statuts_AG” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Membres effectifs et adhérents, motifs de l'éviction exposés brièvement” (deed in French)“Membre démissionnaire,suspendu ou exclu,créanciers,héritiers ou ayants-droits du membre décédé ou failli pour personne morale, aucun” (deed in French)“Peut exiger production de la liste au nom d'un tiers légitime, siège de l'ASBL” (deed in French)2 more provisions 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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution liquidation, article 2.9 CSA” (deed in French)