Summary
TORPEDO has been active since 1969 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 beoefenen en bevorderen van de onderwatersport in al haar vormen,in het bijzonder de duiksport en alle ermee verwante activiteiten” (deed in Dutch)
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Torpedo
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Enkel werkende leden hebben stemrecht op Algemene Vergadering, leden” (deed in Dutch)“Onbeperkt, leden aanvaard krachtens artikel 8” (deed in Dutch)“Voorwaarden werkend lidmaatschap, 250” (deed in Dutch)“Duur-einde lidmaatschap, lid moet worden gehoord” (deed in Dutch)“Ontslag via schrijven aan bestuursorgaan, toegetreden leden” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Minstens 2/3 leden aanwezig of vertegenwoordigd, 4/5 aanwezige of vertegenwoordigde stemmen” (deed in Dutch)