Summary
ZOLBIZZ has been active since 2018 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.
- ZOLBIZZ
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 1§2” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “10, collegiaal bestuursorgaan ook raad van bestuur genoemd” (deed in Dutch)“Benoemd door algemene vergadering na voordracht ZOL A.V., na voordracht André Dumont VZW” (deed in Dutch)“Artikel 26§1-§2, nieuwe raad benoemd conform artikel 25,mandaat steeds hernieuwbaar” (deed in Dutch)5 more provisions on this in the deed
Capital, shares and profit
- Membership ruleWho can become a member or partner, and on what terms.
- “26, 9§2” (deed in Dutch)
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.
- “Op elk moment, met inachtneming van aanwezigheids- en meerderheidsvereisten zoals bepaald in statuten” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Recht algemene vergadering om één of meerdere vereffenaars aan te duiden bevoegdheden te omlijnen en vergoeding te bepalen, bestuurders in…” (deed in Dutch)