Summary
NowHere Art has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (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.
- “L'organisation de différentes manifestations, que ce soient des foires, des rencontres professionnelles, des expositions, des ateliers, des…” (deed in French)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- NowHere Art
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Belgique, en Région de Bruxelles-Capitale, Art. 2” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 46. L'association est valablement représentée dans tous les actes ou en justice par un ou des administrateurs désignés par le Conseil…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Art. 28, AG à deux membres effectifs” (deed in French)“Collège, Art. 34” (deed in French)4 more provisions on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- 2 provisions in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Membre effectif, Art. 7” (deed in French)“Sans appel, Art. 8” (deed in French)“Art. 11, ni avoirs ni remboursement des cotisations” (deed in French)6 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
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Dissolution volontaire, Art. 48” (deed in French)