Summary
THURS has been active since 2006 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 private foundation 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.
- THURS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, verandering bekendgemaakt in Bijlage Belgisch Staatsblad door toedoen bestuurders” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 13. Externe vertegenwoordiging De raad van bestuur vertegenwoordigt, als college, de private stichting in alle handelingen in en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, kan onder leden voorzitter kiezen” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ondernemingsrechtbank van arrondissement zetel, in gevallen door wet bepaald” (deed in Dutch)