Summary
NIMBUS has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 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
- PurposeThe activities the company may carry out under its articles.
- “Muzikale performances en optredens; Management van muziekbands; Recording van audio; Uitbrengen van geluidsdragers; Publishing; Creatie en…” (deed in Dutch)
7 activities (deed in Dutch)
- Muzikale performances en optredens
- Management van muziekbands
- Recording van audio
- Uitbrengen van geluidsdragers
- Publishing
- Creatie en verkoop van bandmerchandise, literaire materieboeken, tijdschriften en magazines
- Organisatie van exposities en tentoonstellingen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NIMBUS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Burgemeester Danneelstraat 9,8500 Kortrijk, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 23 Handtekeningen ter vertegenwoordiging De vereniging wordt vertegenwoordigd in rechte en tegenover derden door de handtekening van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Geen maximum, 2” (deed in Dutch)“Gewone meerderheid, algemene vergadering” (deed in Dutch)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- 2 provisions 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.
- “Bijzondere meerderheid van vertegenwoordigde stemmen, slechts onder voorwaarden bepaald in WVV” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Belangeloos doel zo veel mogelijk overeenkomend met statutair doel, raad van bestuur” (deed in Dutch)