LifeSource
Active Risk: not assessedSummary
LifeSource 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
- PurposeThe activities the company may carry out under its articles.
- “Armoedebestrijding, sociale ondersteuning, gemeenschapsontwikkeling en capaciteitsopbouw; Verbetering van gezondheid, preventie, hygiëne…” (deed in Dutch)
7 activities (deed in Dutch)
- Armoedebestrijding, sociale ondersteuning, gemeenschapsontwikkeling en capaciteitsopbouw
- Verbetering van gezondheid, preventie, hygiëne, toegang tot basisvoorzieningen en gezondheidsbevorderende leefomstandigheden
- Natuurrestauratie, ecologisch herstel, bescherming van ecosystemen, herbebossing en in het bijzonder herstel en herbebossing van mangroves
- Zuivere en veilige watervoorziening, waterzuivering, drinkwaterprojecten, sanitatie en duurzaam waterbeheer
- Ontwikkeling, aanleg, ondersteuning en onderhoud van bio-methaangasinstallaties en andere passende duurzame energieoplossingen
- Opleiding, sensibilisering, kennisdeling, technische ondersteuning en lokale tewerkstelling in verband met duurzame ontwikkeling
- Het verwerven, beheren en inzetten van middelen, subsidies, giften, partnerschappen en projectfinanciering voor deze doelen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- VZW LifeSource
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Beenhouwersstraat 100, 8000 Brugge, België” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 18 - Vertegenwoordiging De vereniging wordt in en buiten rechte geldig vertegenwoordigd door twee gezamenlijk handelende…”
- Board ruleHow the board is made up, meets and takes decisions.
- 3 provisions in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “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
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding, bepaalt bevoegdheden van vereffenaars” (deed in Dutch)