ISA vzw
Active Risk: not assessedSummary
ISA vzw 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.
- ISA vzw
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Het Bestuur is bevoegd om de zetel binnen België te verplaatsen binnen hetzelfde taalgebied. Indien ten gevolge van de…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Zonder dat deze overdracht evenwel betrekking kan hebben op het algemeen beleid van de vzw of de algemene bestuursbevoegdheid van het…” (deed in Dutch)“Einde bestuursmandaat van rechtswege en door ontslagneming, eindigt van rechtswege op de eerstvolgende Algemene Vergadering” (deed in Dutch)“Ontslag van bestuurders, Algemene Vergadering” (deed in Dutch)4 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “De volheid van het lidmaatschap, met inbegrip van het stemrecht op de algemene vergadering, komt uitsluitend toe aan de effectieve leden” (deed in Dutch)“2” (deed in Dutch)
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
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding van de vzw, minstens 2/3 van de leden aanwezig of vertegenwoordigd” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vzw in vereffening, mag haar naam niet wijzigen” (deed in Dutch)