THE GAMES
Active Risk: not assessedSummary
THE GAMES 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
- PurposeThe activities the company may carry out under its articles.
- “Promouvoir l'animation et la festivité dans la commune cinacienne et ses alentours en poursuivant un but désintéressé; Activités sportives…” (deed in French)
5 activities (deed in French)
- Promouvoir l'animation et la festivité dans la commune cinacienne et ses alentours en poursuivant un but désintéressé
- Activités sportives
- Activités sociales
- Activités récréatives
- Activités inter-générationnelles
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- The Games
- Legal form clauseThe legal form, such as BV, NV or CV, which decides which company-law rules apply.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, Chemin Des Lorrains, 18 5590 Ciney” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 5 - Administration et représentation Composition du Conseil d'Administration L'ASBL est gérée par un Conseil d'Administration…”
- Daily managementWho may handle the everyday running of the business without the full board.
- The delegates act jointly
- Board ruleHow the board is made up, meets and takes decisions.
- “4, Le mandat prend fin automatiquement à l'issue de la période sauf renouvellement explicite” (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.
- “45€, membres effectifs” (deed in French)“Membres adhérents, peuvent assister à l'Assemblée Générale sans droit de vote, mais peuvent émettre des avis et/ou opinions de l'Assemblée…” (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.
- “D'exclure un membre: D'approuver annuellement les budgets et les comptes; Prendre la décision d'intenter une action judiciaire en…” (deed in French)
- General meetingThe meeting of all shareholders, which appoints directors and approves the accounts.
- “Tous les membres ont un droit de vote égal à l'Assemblée Générale., tous les membres effectifs de l'ASBL convoqués dans un délai raisonnable…” (deed in French)
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- “Voix du président, majorité simple des voix présentes” (deed in French)