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Mazal

Active
Non-profit associationfounded 1995active for 31 yearsGuldenvliesgalerij 396, 1050 Elsene, BelgiumKBO/BCE: BE 0455.636.714
Summary

Mazal has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €59,472 and a net result of -€15,715. Equity is shrinking by about 10% per year across the filed financial years. Its solvency ranks better than 15% of 298 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

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.
MAZAL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles Capitale, l'organe d'administration détermine l'adresse du siège et peut transférer celui-ci en tout endroit de la…” (deed in French)

deed of 07-03-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“30. En général et notamment en tous recours judiciaires et administratifs, tant en demandant qu'en défendant, ainsi qu'à tous actes et…”
Board ruleHow the board is made up, meets and takes decisions.
“3, membres ou non” (deed in French)
1 more provision on this in the deed

deed of 07-03-2023

Capital, shares and profit

Membership ruleWho can become a member or partner, and on what terms.
“3” (deed in French)
“Tout membre adhérent qui, présenté par deux membres effectifs au moins, est admis en cette qualité par décision de l'assemblée générale…” (deed in French)
“Membres adhérents, 3/4 des membres présents ou représentés” (deed in French)
“Exclusion, proposition d'exclusion et motifs principaux” (deed in French)
“Libres de se retirer à tout moment, démission” (deed in French)
“Absence de droit sur le fond social” (deed in French)
2 more provisions on this in the deed

deed of 07-03-2023

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Remboursement apports éventuels membres fondateurs, affectation biens éventuels” (deed in French)

deed of 07-03-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Procès-verbaux assemblée générale, membres” (deed in French)
Other provision: “Pouvoirs organe administration, plus étendus gestion et administration” (deed in French)
Other provision: “Informer autres avant décision, conflit intérêts administrateur” (deed in French)
Other provision: “Règlement ordre intérieur, organe administration” (deed in French)
12 more provisions in the deed, see the deed of 07-03-2023

deed of 07-03-2023