What Does ASBL Stand For?

ASBL stands for Association Sans But Lucratif French Non Profit Organisation

ASBL stands for "Association Sans But Lucratif," which translates to "Non-Profit Organization" in English. It is a legal structure commonly used in Belgium and other French-speaking regions for entities dedicated to pursuing charitable, social, or cultural goals without the intent of generating profit for owners or shareholders. ASBLs operate under specific regulations that ensure their activities align with their non-profit objectives, allowing them to focus on community service and public benefit initiatives.