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Board and representation

Signing authorityThe articles say who may bind the company, for example by signing a contract.

Two directors jointly

Board ruleThese rules set how the board is made up, meets and takes decisions.

“Conseil d'administration, équilibre raisonnable types membres institutionnels”

“Parmi ses membres, 2”

3 more provisions on this in the deed

Power of attorneyA power of attorney lets someone perform specific acts on the company's behalf.

One provision in the deed

deed of 21-02-2023

Audit, dissolution and liquidation

Statutory auditorA statutory auditor is a registered auditor who checks the annual accounts. Small companies need not have one.

No statutory auditor

deed of 28-07-2026 (in French)

Dissolution ruleThe articles set when and by whom the company can be dissolved.

“Assemblée générale, mêmes conditions que pour la modification des statuts”

deed of 21-02-2023 (in French)

Liquidation ruleIn a liquidation the creditors are paid first. What is left goes to the shareholders.

“Association Internationale sans but lucratif en liquidation ou AISBL en liquidation, assemblée générale des membres convoquée aux mêmes fins…”

deed of 21-02-2023 (in French)

Capital, shares and profit

Membership ruleThe articles set who can become a member or partner, and on what terms.

“Assemblée générale peut décider perception droit d'entrée et fixe montant, mise en demeure par conseil par lettre recommandée”

“Scrutin secret majorité deux tiers, organe général de direction”

3 more provisions on this in the deed

deed of 21-02-2023 (in French)

Other provisionsThese rules from the articles cover subjects other than the board, the shares, the purpose and the meetings.

7 more provisions in the deed, see the deed of 28-07-2026

1 more provision in the deed, see the deed of 21-02-2023