Summary
Lets-Gent has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (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.
- Lets-Gent
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “3, als Algemene Vergadering slechts uit drie leden bestaat mag bestuursorgaan bij uitzondering uit 2 bestuurders bestaan” (deed in Dutch)“Begin vergadering gekozen tenzij toegewezen, tenminste helft aanwezig” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Ruimste rechten waaronder stemrecht, 3” (deed in Dutch)“Mondelinge aankondiging gevolgd door schriftelijke bevestiging achteraf” (deed in Dutch)2 more provisions 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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Bepaalt bevoegdheid en vereffeningsvoorwaarden, op wijze zoals bepaald in wet” (deed in Dutch)