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ORCHIDEE

Active Risk: very low
Private foundationfounded 2010active for 16 yearsEttenhoven 100, 2940 Stabroek, BelgiumKBO/BCE: BE 0824.051.127
Summary

ORCHIDEE has been active since 2010 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 private foundation files its annual accounts with the court registry, not with the National Bank.

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.
Orchidee
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 17-05-2023

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Raad van bestuur, 3” (deed in Dutch)
“Benoeming,beëindiging en afzetting bestuurders” (deed in Dutch)

deed of 17-05-2023

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 17-05-2023

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

Other provision: “Daden gesteld of stellen die ernstig indruisen tegen algemeen belang familie Saskia AERTSSEN, tweede doel” (deed in Dutch)
Other provision: “Algemeen directeur of indien bestuurder gedelegeerd-bestuurder, intern bestuur” (deed in Dutch)
Other provision: “Jaarrekening en begroting en boekhouding, jaarrekening voorbije boekjaar overeenkomstig wettelijke bepalingen alsook begroting volgende…” (deed in Dutch)
Liquidation distribution: “Bedrag gelijk aan waarde van goederen of goederen zelf die hij aan verwezenlijking van dat doel heeft besteed, tot doelen als omschreven in…” (deed in Dutch)
4 more provisions in the deed, see the deed of 17-05-2023

deed of 17-05-2023