BAAK
ActiveSummary
BAAK is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €22,865 and a net result of -€11,083. Equity is shrinking by about 15% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2028. Its solvency ranks better than 72% of 9,723 sector peers (NACE 64, financial year 2025). The company has been active since 1999 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- BAAK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “La société ne peut en aucun cas faire de la gestion de fortune ou du conseil en investissement tels que visés au titre IV de la loi du…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, nommés avec ou sans limitation durée” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 20:00