Summary
FITCO has been active since 2016 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (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.
- “Zwemschool; Promoting alle takken van zwemsport; De jeugd aanzetten tot sporten; Jeugdsporten activeren; Recreatie- en…” (deed in Dutch)
5 activities (deed in Dutch)
- Zwemschool;
- Promoting alle takken van zwemsport;
- De jeugd aanzetten tot sporten;
- Jeugdsporten activeren;
- Recreatie- en ontspanningsactiviteiten.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FITCO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal bestuursorgaan, werkende leden” (deed in Dutch)“Vergaderingen bestuursorgaan, tweemaal per jaar ter voorbereiding jaarrekening/begroting” (deed in Dutch)“Zetel of andere plaats in Belgie in oproeping, helft bestuurders aanwezig” (deed in Dutch)“Aanwezigheidsquorum en stemming bestuursorgaan, minstens helft aanwezig of vertegenwoordigd” (deed in Dutch)“Register beslissingen, in register” (deed in Dutch)5 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Onbeperkt, Leden - Werkende leden” (deed in Dutch)“Leden - Toegetreden leden, 6” (deed in Dutch)“Uittreding, reeds betaalde bedragen niet terugvorderbaar,uitzondering bij aanvang betaalde waarborg” (deed in Dutch)“Uitsluiting, omstandig gemotiveerd advies aan algemene vergadering” (deed in Dutch)
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.
- “Ontbinding, steeds VZW in vereffening” (deed in Dutch)