Summary
ZELAR has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (very low). A small private foundation files its annual accounts with the court registry, not with the National Bank.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- ZELAR
- 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.
- “De gevolmachtigden verbinden de private stichting binnen de perken van de hen verleende volmacht, onverminderd de verantwoordelijkheid van…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen en rechtspersonen, 1” (deed in Dutch)“Van rechtswege, mandaat eindigt eveneens van rechtswege bij ontbinding stichting” (deed in Dutch)“Op voorwaarde dat dit geen misbruik van recht uitmaakt, vrij zich op elk ogenblik terug te trekken door ontslag schriftelijk aan andere…” (deed in Dutch)1 more provision on this in the deed
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed