Human side
Active Risk: not assessedSummary
Human side is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The association has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- Human Side
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, L’organe d’administration est compétent pour transférer le siège en tout endroit de la même région linguistique, sous…” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Organe administration, 15” (deed in French)5 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Membres adhérents, demande écrite à l’organe d’administration” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Article 12 - Fonctionnement L’assemblée générale ordinaire se tient au minimum une fois par an, dans les six mois suivant la date de clôture…” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- One provision in the deed