Summary
YAMBA has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (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.
- JOLABEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région bruxelloise, procédure légalement prévue pour modification des statuts” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Art. 30 - Tout membre de l’Organe d’administration peut valablement signer seul les actes régulièrement décidés par l’Organe, sans devoir…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Deux ans, 5” (deed in French)“Administrateur provisoire en cas de vacance en cours de mandat, vacance cooptation” (deed in French)
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Effectifs|adhérents, effectifs seuls” (deed in French)“Libre à tout moment par écrit|courrier électronique à association, Organe d'administration en attendant décision Assemblée générale” (deed in French)“Membre adhérent, 2/3 voix présents|représentés” (deed in French)“Démissionnaire|sanctionné|suspendu|exclu|héritiers|ayant droit du décédé, relevé|reddition de comptes|apposition de scellés|inventaire” (deed in French)“Code des Sociétés et des Associations, membres effectifs” (deed in French)2 more provisions on this 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
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- In November
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Adoption, Assemblée générale désigne le ou les liquidateurs” (deed in French)