CSA/WVV Articles Update
Regularize your legal situation without delay
CSA/WVV Update: an Obligation You Can No Longer Ignore
The reform of the Code of Companies and Associations (CSA/WVV) is one of the most far-reaching transformations of Belgian company law in decades. The deadline has long since passed — if you have not yet acted, it is urgent that you regularize your situation.
At J. Jordens, we have handled hundreds of CSA/WVV compliance files since the reform came into force.
Why is the CSA/WVV update so important?
- Personal liability of directors in the event of a dispute or audit
- Disputes between partners over the interpretation of governance rules
- Blocked transactions (share transfers, fundraising, mergers)
- Banking complications
The CSA/WVV update process at J. Jordens
- Analysis of your current articles of association
- Drafting new articles compliant with the CSA/WVV
- Organizing the extraordinary general meeting
- Notary appointment if necessary
- Publication in the Belgian Official Gazette
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Frequently Asked Questions
Yes, it is a legal obligation. Directors can be held personally liable for the consequences of non-compliance.
All Belgian companies — SRL/BV, SA/NV, CV/CV, ASBL/VZW — are affected. If your articles date from before 2020, act immediately.
Personal liability for directors, disputes between partners, blocked transactions and banking complications.
A few weeks: analysis, drafting, general meeting, notary if necessary, and publication in the Belgian Official Gazette.
Yes, it is even recommended. Take advantage of the general meeting to modernize your entire articles of association.