Summary
GUCO has been active since 1989 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.
- BC GUCO LIER VZW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 26 - Bevoegdheden van het Bestuursorgaan Het bestuursorgaan is bevoegd om alle handelingen te stellen en beslissingen te nemen die…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal bestuursorgaan, dag gewone algemene vergadering boekjaar waarin mandaat volgens benoemingsbesluit verstrijkt behoudens…” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “10, 4” (deed in Dutch)“Geen beroep mogelijk, discretionair tijdens eerstvolgende bijeenkomst” (deed in Dutch)“Advocaat, één maand na verzending” (deed in Dutch)“Ten allen tijde:tijdens lidmaatschap,bij beëindiging om wat voor reden dan ook,bij ontbinding” (deed in Dutch)“Overeenkomstig de wet, Bestuursorgaan” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Sunday of September
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding en vereffening VZW, 37” (deed in Dutch)