Summary
REM has been active since 1999 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 non-profit association 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.
- V.Z.W. REM
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Dorp 14, 9280 Denderbelle” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “4 jaar, 6” (deed in Dutch)“Bij verlaten actieve leidingsploeg verliest positie, nieuw lid verkozen, als college” (deed in Dutch)“Goedgekeurd door Algemene Vergadering met gewone meerderheid, kiest uit leden voorzitter, ondervoorzitter, secretaris en penningmeester” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “3, Algemene Vergadering” (deed in Dutch)“Kostenloos, door de Algemene Vergadering als zodanig wordt toegelaten” (deed in Dutch)“Vanaf tweede oproep twee derden meerderheid van aanwezigen, Algemene Vergadering” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 September to 31 August
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Slechts zoals Art. 20 Wet 27 juni 1921, gerechtelijke ontbinding en ontbinding van rechtswege” (deed in Dutch)