Summary
Vijverfestival 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 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.
- Vijverfestival
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Dilbeek” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 15. Bevoegdheden van de raad van bestuur - Vertegenwoordiging §1. De raad van bestuur is bevoegd om alle handelingen te verrichten…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Duur bepaald door algemene vergadering, bij gebrek onbepaalde duur, herstemming tussen twee meeste stemmen bij geen meerderheid, bij staking…” (deed in Dutch)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- 2 provisions 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.
- “Ontbinding op elk moment door besluit algemene vergadering, overeenkomstig wet toepasselijke verslaggevingsverplichtingen in acht genomen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en op welk ogenblik ook, bestuurders in functie aangewezen als vereffenaars krachtens statuten indien geen andere…” (deed in Dutch)