Summary
EDUCPASS has been active since 2005 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.
- “L'édition de brochures pédagogiques destinés aux enseignants et aux établissements scolaires; L'organisation d'activités scolaires pour les…” (deed in French)
3 activities (deed in French)
- L'édition de brochures pédagogiques destinés aux enseignants et aux établissements scolaires.
- L'organisation d'activités scolaires pour les enseignants.
- L'organisation de voyages,week-end et d'événements culturels destinés aux enseignants.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- EDUCPASS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Info@educpass.be, Région Wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Parmi les membres effectifs, 10” (deed in French)“Restent en fonction tant que Assemblée Générale n'a pas pourvu remplacement ou réélection, tout temps par Assemblée Générale sans…” (deed in French)“Quorums de présence et de vote prévus statuts, même administrateur plusieurs fonctions” (deed in French)“Point reporté à ordre du jour prochaine réunion, majorité simple des voix présentes ou représentées” (deed in French)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Démissionnaire/exclu/héritiers/ayants droit aucun droit sur fond social, AG seule,annoncée convocation,majorité deux tiers présentes ou…” (deed in French)“Annuelle” (deed in French)3 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 July to 30 June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Conformément règles Code des sociétés et des associations, mêmes conditions que modification objet ou but social” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Un ou plusieurs liquidateurs, affectation actif net” (deed in French)