Summary
O/O-TR has been active since 2013 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
- Name clauseThe name the company operates under according to its articles.
- O/O-TR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, beslissing van de Algemene Vergadering vereist; indien taalstatuten wijzigen, enkel Algemene Vergadering met…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling van het Bestuursorgaan, 5” (deed in Dutch)“Coöptatie van bestuurders, plaats van bestuurder openvalt vóór einde mandaat” (deed in Dutch)“Alle handelingen van intern bestuur nodig of dienstig voor verwezenlijking voorwerp, Bevoegdheden van het Bestuur” (deed in Dutch)3 more provisions on this in the deed
Capital, shares and profit
- Records ruleWhich registers the company keeps, such as the share register, and how.
- “Verslag van de Algemene Vergadering, verslagboek bewaard op de maatschappelijke zetel” (deed in Dutch)“Verslag van het Bestuur, elke bestuurder en elk lid hebben recht op inzage” (deed in Dutch)
- Membership ruleWho can become a member or partner, and on what terms.
- “3” (deed in Dutch)1 more provision 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
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “Algemene Vergadering bestaat uit de leden” (deed in Dutch)1 more provision on this in the deed
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- “Aanwezigheidsquorum Algemene Vergadering, minstens 2/3 van de leden aanwezig of vertegenwoordigd” (deed in Dutch)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Leden kunnen door andere leden vertegenwoordigd worden, Stemming op de Algemene Vergadering” (deed in Dutch)
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed