Summary
LIMAB has been active since 2019 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.
- LIMAB ASBL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, 373, chaussée Romaine 1020 Bruxelies” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “5, 3” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Illimité, membres effectifs” (deed in French)“Membres adhérents, demande écrite à organe d'administration” (deed in French)“Démission et exclusion, après que membre ait été entendu s'il le désire” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Mêmes conditions que modification de l'objet ou du but social, conformément aux règles prescrites par le Code des sociétés et des…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed