Summary
SEISHIN has been active since 2009 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
- PurposeThe activities the company may carry out under its articles.
- “Het organiseren en faciliteren van en deenemen aan Kyokushin karate competities; Het organiseren en faciliteren van demonstraties en…” (deed in Dutch)
3 activities (deed in Dutch)
- Het organiseren en faciliteren van en deenemen aan Kyokushin karate competities
- Het organiseren en faciliteren van demonstraties en initiatielessen
- Het organiseren en faciliteren van lesmomenten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Seishin
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Het bestuursorgaan is bevoegd om de maatschappelijke zetel binnen België te verplaatsen binnen hetzelfde taalgebied. Indien…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The board, acting as a body
- Board ruleHow the board is made up, meets and takes decisions.
- 5 provisions in the deed
- Conflict of interestWhat a director must do when a personal interest clashes with the company's.
- One provision in the deed
- Daily-management limitUp to which amount or for which matters daily management may decide on its own.
- One provision in the deed
Capital, shares and profit
- Records ruleWhich registers the company keeps, such as the share register, and how.
- 2 provisions in the deed
- Membership ruleWho can become a member or partner, and on what terms.
- “De werkende leden worden hierna 'leden' genoemd. Enkel zij hebben stemrecht in de algemene vergadering., De toegetreden leden zijn de leden…” (deed in Dutch)“3” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “De algemene vergadering bestaat uit alle werkende leden van de vereniging. De toegetreden leden maken geen deel uit van de algemene…” (deed in Dutch)1 more provision on this in the deed
- Meeting ruleHow the company's meetings are run.
- 2 provisions in the deed
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- 3 provisions in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vanaf de beslissing tot ontbinding vermeldt de vzw altijd dat zij 'vzw in vereffening' is overeenkomstig het WWW, om op een geldige manier…” (deed in Dutch)