FACIENS
Active Risk: not assessedSummary
FACIENS has the legal form “Public-utility foundation” in the KBO; Checked does not compute a bankruptcy probability for it. The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. A small public-utility foundation 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.
- FACIENS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Simple décision, Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 23 - Délégation du pouvoir de représentation Sans préjudice du pouvoir de représentation du conseil d'administration, la fondation…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Conseil d'administration, 2” (deed in French)“Cooptation par conseil en fonction, membres de droit” (deed in French)“5, ans” (deed in French)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.
- “Nullité,dissolution,liquidation,nomination et cessation liquidateurs,conditions,clôture,réouverture,destination de l'actif publiées…” (deed in French)