Summary
Florilegium has been active since 1994 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.
- “Het organiseren van, ondersteunen van en deelnemen aan muzikale activiteiten, met inbegrip van alle activiteiten die rechtstreeks of…” (deed in Dutch)
- Name clauseThe name the company operates under according to its articles.
- Florilegium, v.z.w.
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams gewest, Patrijzenlaan 13 bus 502, 3010 Leuven” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Voorzitter of oudste in anciënniteit, vergadering bestuursorgaan” (deed in Dutch)6 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Het bestuursorgaan beslist volledig autonoom over het aanvaarden van nieuwe leden., De kandidaat-leden worden effectieve leden na hun…” (deed in Dutch)
Meetings and financial year
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- “Onthoudingen noch in de teller noch in de noemer worden meegerekend, In het geval minder dan twee derde van de leden aanwezig zijn, is een…” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, twee derde van de leden aanwezig” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Één of meer, vereffenaars” (deed in Dutch)