Summary
Lowgrip has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.8% (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.
- “Hobby uitoefenen met rc wagens” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Lowgrip vzw
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Corbeillestraat 115 2235 Westmeerbeek” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL VII - VERTEGENWOORDIGING Artikel 28 - Vertegenwoordiging De Raad van Bestuur vertegenwoordigt de vereniging in alle gerechtelijke en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, bestuursorgaan” (deed in Dutch)“Verhindering Voorzitter, bestuursorgaan” (deed in Dutch)1 more provision 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.
- “Onbeperkt, 2” (deed in Dutch)“Schriftelijk ontslag naar bestuursorgaan,te allen tijde, bestuursorgaan tot besluit Algemene Vergadering” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- Closes on 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- In September
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed