Summary
WHAOW has been active since 1995 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.
- WHAOW
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, siège statutaire peut être déplacé par l'organe d'administration en Belgique dans la même Région ou dans une autre;dans ce…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The board, acting as a body
- Board ruleHow the board is made up, meets and takes decisions.
- “2, assemblée générale” (deed in French)“Indéterminée, assemblée générale” (deed in French)“Décision contraire assemblée générale, gratuit” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Adhésion sans réserve aux statuts et règlements, tous droits et obligations visés par le CSA et les présents statuts” (deed in French)“Membre concerné convoqué pour être entendu préalablement, suspension et exclusion notifiées par écrit” (deed in French)“Membres effectifs, 20” (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.
- “Une ASBL en dissolution sur toutes les pièces, article 2:115, §1 du Code des Sociétés et des Associations” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Pouvoirs et affectation de l'actif net, ASBL poursuivant un but similaire ou apparenté à celui visé à l'article 6” (deed in French)