SINAI
Active Risk: not assessedSummary
SINAI is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The association has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. 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.
- Sinai
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Belgique, 1190 Bruxelles en Belgique à la Chaussée de Neerstalle 109” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Pouvoirs les plus étendus pour l'administration et la gestion de l'association, pouvoirs du conseil d'administration” (deed in French)4 more provisions on this in the deed
Capital, shares and profit
- Records ruleWhich registers the company keeps, such as the share register, and how.
- “Registre des procès-verbaux, tous les membres peuvent en prendre connaissance sans déplacement du registre” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Seuls les membres effectifs jouissent de la plénitude des droits accordés aux associés par la loi ou les présents statuts., 2” (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.
- “Art. 13- II doit être tenu au moins une assemblée générale chaque année, dans le courant du premier semestre qui suit la fin de l'exercice…” (deed in French)
- 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.
- One provision in the deed
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Dissolution et liquidation, décisions relatives à la dissolution, liquidation, nomination/cessation des liquidateurs, clôture et affectation…” (deed in French)
- Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
- “Registre des membres, conseil d'administration” (deed in French)