Summary
N160 has been active since 2009 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (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.
- N160
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse gewest, 2960 Brecht,Tilburgbaan 96” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 14.- § 1. Het bestuursorgaan bestuurt, vertegenwoordigt en verbindt geldig de vereniging, zonder bijkomende machtiging van de algemene…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Algemene ledenvergadering, Art.7” (deed in Dutch)4 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.
- One provision in the deed