Summary
Wallonie Picarde has been active since 2008 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.
- Wallonie picarde
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, Rue de l'Echauffourée, 1 à 7700 Mouscron” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “13, 3” (deed in French)“A, comparants à l'acte constitutif” (deed in French)“B, personnes physiques dûment habilitées à représenter IDETA, IEG ou IPALLE et désignées en tant que tels” (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
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Code des sociétés et des associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed