Summary
LA SOURCE has been active since 2010 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.
- “Activités socio culturelles; Organisation d’activités artistiques; Conférences; Ateliers; Stages et mouvements de jeunesse; Actions de…” (deed in French)
6 activities (deed in French)
- Activités socio culturelles
- Organisation d’activités artistiques
- Conférences
- Ateliers
- Stages et mouvements de jeunesse
- Actions de sensibilisation
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- La Source
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Durée déterminée par assemblée générale, scrutin de ballottage entre candidats ayant obtenu le plus de voix si aucun candidat ne recueille…” (deed in French)“Portée aux frais généraux indépendamment frais représentation, voyages et déplacements, rémunération des administrateurs” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “3, personnes admises comme Membre Adhérent conformément à l’article 6, §2” (deed in French)“Peut refuser moyennant motivation, sans recours, ordre du jour de la première assemblée générale qui suit ou assemblée générale spéciale…” (deed in French)“Démissionnaire ne peut prétendre aux avoirs ni réclamer remboursement apport et cotisations versées, conseil d’administration” (deed in French)“Non exhaustive, exclu ne peut prétendre aux avoirs ni réclamer remboursement apport et cotisations” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Wednesday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Modification objet ou but désintéressé, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed