Summary
Run & Smash - Trail has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (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.
- “L'organisation d'activités liées à la pratique du sport (voyages, déplacements collectifs, réunions sportives, conférences), de cours, de…” (deed in French)
Text of the purpose (deed in French)
“L'organisation d'activités liées à la pratique du sport (voyages, déplacements collectifs, réunions sportives, conférences), de cours, de compétitions, formations et de tout autre manifestation pouvant aider à faire connaître son but”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Run & Smash - Trail
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 15. Pouvoirs de l'organe d'administration §1er. L'organe d'administration a le pouvoir d'accomplir tous les actes nécessaires ou…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Indéterminée, 3” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Les personnes admises comme membre adhérent conformément à l'article 6 §2, 3” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of March at 17:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, administrateurs en fonction” (deed in French)