GOVERNANCE

Board of Directors

TDL is governed by a Board of Directors who serve two year terms and are elected at the annual General Meeting/Assembly.

Strategic Advisors

The association also benefits from a set of strategic advisors who are chosen for their expertise in areas relevant to TDL's general activities and interest in its well-being.

Not for Profit

TDL is a not for profit organisation registered in Belgium and described as a VZW (Vereniging zonder winstoogmerk) or AISBL (Association international sans but lucratif)

Articles of Association

As such it is governed by a set of Articles of Association that were last amended (in Dutch but translated into English) and formally published in the Belgian Official Gazette on 14 May 2021

Accountants

TDL’s annual accounts and quarterly VAT returns are managed by our Belgium-based accountants, Warfid (warfid.be).

General Assemblies

According to its Articles of Association, TDL is mandated to hold a General Meeting/Assembly at least once a year. This is an opportunity to reflect on the achievements of the previous year and to get approval for the forthcoming year's activities.

TDL is also bound to produce and publish an audited set of accounts for the previous financial year that runs from 1 January to 31 December, and asks its members to approve the financial budget for the following year.

From a governance point of view, at the end of the meeting the Board of Directors are discharged from their responsibilities for the year just past, and every two years a new Board of Directors is elected.

The 2023 TDL General Assembly took place online between 18:00-19:00 CEST, 31 May 2023.