A legal entity, such as a BV, NV, association or foundation, can take part in economic transactions only if it is represented by natural persons. These are generally the directors.
The directors conclude contracts on behalf of the legal entity. If the company does not fulfill the agreements made in these contracts or causes damage, the company can be held responsible. Not the directors. However, in certain cases directors can be held personally liable. Externally by third parties, or internally by the company itself.