Summary
Yang has been active since 1989 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
- PurposeThe activities the company may carry out under its articles.
- “Het ontwikkelen bevorderen en verspreiden van de cultuur in al haar mogelijke uitingen; Alle activiteiten die rechtstreeks of onrechtstreeks…” (deed in Dutch)
2 activities (deed in Dutch)
- Het ontwikkelen bevorderen en verspreiden van de cultuur in al haar mogelijke uitingen
- Alle activiteiten die rechtstreeks of onrechtstreeks bijdragen tot verwezenlijking doel en voorwerp met inbegrip van bijkomstige winstgevende activiteiten
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- YANG
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20 - Vertegenwoordiging De vzw wordt vertegenwoordigd in rechte of ten overstaan van derden door de handtekening van één bestuurder…”
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “Aanvaarding lidmaatschap, algemene vergadering” (deed in Dutch)“Einde lidmaatschap, vrij op ieder ogenblik schriftelijk aan bestuursorgaan per brief of e-mail” (deed in Dutch)“Bijdrage, 0” (deed in Dutch)1 more provision 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
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vrijwillige ontbinding, algemene vergadering” (deed in Dutch)