Summary
RAW RACING TEAM has been active since 2000 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.2% (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.
- “Organiseren van sportmanifestaties; Hulp verlenen aan andere organisatoren bij het organiseren van sportmanifestaties; Onderhoud van…” (deed in Dutch)
3 activities (deed in Dutch)
- Organiseren van sportmanifestaties
- Hulp verlenen aan andere organisatoren bij het organiseren van sportmanifestaties
- Onderhoud van motorvoertuigen
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Raw Racing Team
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 28: Algemene vertegenwoordigingsclausule De VZW wordt vertegenwoordigd in rechte of ten overstaan van derden door de gezamenlijke…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal, samenstelling,taakverdeling bestuursorgaan” (deed in Dutch)“Onbepaalde duur, benoeming bestuursorgaan” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Rechten in wet en statuten omschreven, Artikel 9” (deed in Dutch)“Eindigt van rechtswege bij overlijden, Artikel 10” (deed in Dutch)“Artikel 11, effectieve leden betalen geen jaarlijkse bijdrage” (deed in Dutch)1 more provision on this in the deed
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vrijwillige ontbinding, Wetboek vennootschappen en verenigingen voor niet expliciet geregelde zaken” (deed in Dutch)