Summary
Nova has been active since 1970 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
- PurposeThe activities the company may carry out under its articles.
- “Het gebouwencomplex "Nova",gelegen te 1830 Machelen Kerklaan 19,uit te baten; De infrastructuur in te richten en ter beschikking te stellen…” (deed in Dutch)
2 activities (deed in Dutch)
- Het gebouwencomplex "Nova",gelegen te 1830 Machelen Kerklaan 19,uit te baten
- De infrastructuur in te richten en ter beschikking te stellen aan verenigingen en particulieren tegen marktconforme tarieven
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Vereniging Zonder Winstoogmerk NOVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, 1830 Machelen,Turcksinstraat 68” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 11. Tegenover derden voistaat de handtekening van twee gemandateerde bestuurders uit het dagelijks bestuur. Inzake financiële…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Onbepaalde duur, 10” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Gratis, 20” (deed in Dutch)
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed