VC Westerlo
ActiveSummary
For VC Westerlo, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €658,537 and a net result of -€3,451. Its solvency ranks better than 95% of 912 sector peers (NACE 93, financial year 2024). The association has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De jeugd te ontwikkelen door het beoefenen van atletische sporttakken” (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.
- VC Westerlo
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Volledige adres en zo nodig Gewest, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene Vergadering bepaalt duur, bij gebrek geacht voor onbepaalde duur, bestuurders zijn leden van de VZW” (deed in Dutch)“Coöptatie, plaats van bestuurder opengevallen vóór einde mandaat” (deed in Dutch)“Algemene Vergadering, schriftelijke kennisgeving” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Geen lidgeld, Leden” (deed in Dutch)“Bestuur, Schorsing” (deed in Dutch)“Algemene Vergadering, Uitsluiting” (deed in Dutch)“Uitsluiting van rechten, te allen tijde,tijdens lidmaatschap,bij beëindiging om welke reden,bij ontbinding” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Minstens 2/3de leden aanwezig of vertegenwoordigd, bijzondere meerderheid 4/5de aanwezige of vertegenwoordigde stemmen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed