Summary
Grassroots has been active since 2013 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.
- “Café en bars; Andere drinkgelegenheden; Organisatie van congressen en beurzen; Promotie en organisatie van uitvoerende kunstevenementen…” (deed in Dutch)
7 activities (deed in Dutch)
- Café en bars
- Andere drinkgelegenheden
- Organisatie van congressen en beurzen
- Promotie en organisatie van uitvoerende kunstevenementen
- Overige sportactiviteiten
- Exploitatie van pret- en themaparken
- Overige verenigingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Grassroots
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Rietveld 31,2870 Ruisbroek, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 11 Het bestuursorgaan bestuurt de vereniging en vertegenwoordigt deze bij elke gerechtelijke en buitengerechtelijke handeling…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbeperkte periode, 3” (deed in Dutch)“Lid zijn en leeftijd van achttien jaar bereikt hebben” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Schriftelijk ter goedkeuring aan bestuursorgaan, 3” (deed in Dutch)“Vermogen,gestorte bijdragen,gedane inbrengen, uitgetreden of uitgesloten leden en rechtsopvolgers” (deed in Dutch)2 more provisions 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.
- “Vrijwillige ontbinding, één of meerdere vereffenaars” (deed in Dutch)