Summary
Ferragus has been active since 2017 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.
- FERRAGUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Info@ferragus.org, 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.
- Two directors jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “Art. 22, personnes physiques ou morales parmi les membres effectifs” (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.
- “Plénitude des droits accordés aux associés par la loi ou les présents statuts, respecter les statuts et règlements de l'association” (deed in French)“Assemblée Générale, trois quarts des voix présentes ou représentées” (deed in French)“Respecter les statuts et règlements de l'association” (deed in French)“Scrutin secret, deux tiers des membres présents ou représentés” (deed in French)“2/3 au moins des administrateurs présents ou valablement représentés, 2/3 des voix des administrateurs présents ou valablement représentés” (deed in French)“Organe d'administration, registre des membres” (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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Art. 33, obligatoirement en faveur d'une fin désintéressée” (deed in French)