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BAB COMPANY

Active
Private limited companyfounded 2024active for 2 yearsRue Notre-Dame(BIN) 7, 7130 Binche, BelgiumKBO/BCE: BE 1013.883.293
Summary

The computed 12-month bankruptcy probability of BAB COMPANY is 3.1% (moderate). The 2025 annual accounts show negative equity (-€3,759) and a net result of -€9,759. Its solvency ranks better than 18% of 22,479 sector peers (NACE 47, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.

Articles of association

What the company does

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BAB COMPANY
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région Wallonne, simple décision” (deed in French)

deed of 25-09-2024

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 11. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation durée, organe d’administration” (deed in French)

deed of 25-09-2024

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, registre des actions nominatives” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant,moitié acquéreurs au prorata actions, mêmes formalités agrément si non actionnaires plein droit” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Émission d'actions nouvelles à souscrire en numéraire, offertes par priorité aux actionnaires ayant exercé totalité,jusqu’à souscription…” (deed in French)

deed of 25-09-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Friday of May at 18:00

deed of 25-09-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale, formes prévues modifications statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Dissolution quelque cause et moment, désigner un ou plusieurs liquidateurs,déterminer pouvoirs et émoluments” (deed in French)

deed of 25-09-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Indépendamment frais représentation,voyages,déplacements, Rémunération des administrateurs” (deed in French)
Other provision: “Gestion journalière, un ou plusieurs membres titre administrateur-délégué ou un ou plusieurs directeurs” (deed in French)
Other provision: “Trois ans, Contrôle de la société” (deed in French)
Other provision: “Séances – procès-verbaux, un ou plusieurs membres organe ayant représentation” (deed in French)
Other provision: “Délibérations, majorité voix quel que soit titres représentés” (deed in French)
Other provision: “Organe d’administration, séance tenante à trois semaines au plus” (deed in French)
Other provision: “Répartition – réserves, moitié bénéfice net aux réserves,moitié distribuée si conditions légales remplies” (deed in French)
Liquidation distribution: “Dettes,charges,frais ou consignation, actif net entre actionnaires proportion actions,biens conservés remis même proportion” (deed in French)
Other provision: “Siège, communications,sommations,assignations,significations valables” (deed in French)
Other provision: “Tribunaux du siège compétence exclusive, litiges société,actionnaires,gérants,commissaires,liquidateurs affaires société et exécution…” (deed in French)
Other provision: “Droit commun, censées non écrites si impératives” (deed in French)
2 more provisions in the deed, see the deed of 25-09-2024

deed of 25-09-2024