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OnTrack

Active Risk: very low
Non-profit associationfounded 2025active for 1 yearHertog van Arenbergstraat 18, 8820 Torhout, BelgiumKBO/BCE: BE 1020.387.243
Summary

OnTrack has been active since 2025 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.

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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.
On Track vzw
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, 8820 Torhout, Hertog van Arenbergstraat 18” (deed in Dutch)

deed of 05-03-2025

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Two directors jointly
Board ruleHow the board is made up, meets and takes decisions.
“Aantal bestuurders, 3” (deed in Dutch)
“Benoeming bestuurders, geheim” (deed in Dutch)

deed of 05-03-2025

Capital, shares and profit

Membership ruleWho can become a member or partner, and on what terms.
“Werkende leden en toegetreden leden” (deed in Dutch)
“2” (deed in Dutch)
“Toelaatbaarheid werkende leden, raad van bestuur” (deed in Dutch)
“Bijdrage werkende leden, algemene vergadering” (deed in Dutch)

deed of 05-03-2025

Meetings and financial year

Financial yearThe twelve-month period the company draws up its annual accounts for.
From 1 January to 31 December

deed of 05-03-2025

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Ontbinding en nietigheid, elk ogenblik door algemene vergadering onder voorwaarden wijziging voorwerp of belangeloos doel” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Bestemming netto-actief en vereffening, 1” (deed in Dutch)

deed of 05-03-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Ledenregister, raad van bestuur” (deed in Dutch)
Other provision: “Elk werkend lid onbeperkt ander werkend lid met schriftelijke volmacht, samenstelling algemene vergadering” (deed in Dutch)
Other provision: “Bevoegdheden algemene vergadering” (deed in Dutch)
Other provision: “Samenkomst algemene vergadering, eerste zaterdag van juni” (deed in Dutch)
Other provision: “Algemene vergadering aanwezigheidsquorum en meerderheden, voorzitter raad van bestuur bij onbesliste stemming” (deed in Dutch)
Other provision: “Voorzitter, raad van bestuur voorwaarden en samenstelling” (deed in Dutch)
Other provision: “Onbepaalde duur, bevoegdheden raad van bestuur en mandaat” (deed in Dutch)
Other provision: “Samenkomst raad van bestuur, voorzitter” (deed in Dutch)
Other provision: “Raad van bestuur aanwezigheidsquorum en stemming, gewone meerderheid aanwezige of vertegenwoordigde stemmen” (deed in Dutch)
Other provision: “Eindigt van rechtswege bij overlijden, einde mandaat bestuurder” (deed in Dutch)
3 more provisions in the deed, see the deed of 05-03-2025

deed of 05-03-2025

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