generations-coe
ActiveSummary
generations-coe has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €19,351 and a net result of -€769. Equity is shrinking by about 4% per year across the filed financial years. Its solvency ranks better than 11% of 514 sector peers (NACE 88, financial year 2024). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- Générations
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, l'assemblée générale ratifie la modification du siège dans les statuts lors de sa réunion suivante” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Titre IX - Représentation générale de l'association Art. 36. La représentation légale de l'asbl, ainsi que la représentation externe, est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Peut déléguer partie de ses pouvoirs définis de manière précise, OA delegation” (deed in French)11 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Personnes physiques ou morales acceptées en tant que participants aux actions de l'association; ne participent en aucune façon à l'Assemblée…” (deed in French)
Meetings and financial year
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- One provision in the deed
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Deux ans renouvelables, présenté à l'assemblée générale” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Toutes les pièces émanent de l'association dissoute mentionnent qu'elle est en liquidation, sauf exception, l'Organe d'Administration est…” (deed in French)