Summary
Hanswijk&Processie has been active since 1973 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.
- Hanswijk & Processie
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Ondernemingsrechtbank van Antwerpen, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Voor- behouden aan het Belgisch Staatsblad § 4 Om tegenover derden de vereniging te vertegenwoordigen en te verbinden is nodig en volstaan…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, overlijden,vrijwillig ontslag,afzetting,verlies hoedanigheid” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Van rechtswege, onbeperkt” (deed in Dutch)“Aanvaard door bestuursorgaan, bestuursorgaan” (deed in Dutch)“Onbepaalde duur, algemene vergadering” (deed in Dutch)1 more provision 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.
- “Één of twee vereffenaars, vrijwillige ontbinding” (deed in Dutch)