Babbar
Active Risk: not assessedSummary
Babbar is younger than twelve months; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.
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.
- Babbar
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- Vlaams Gewest, Artikel 2
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 16.- Vertegenwoordiging - Gerechtelijke handelingen en rechtshandelingen. De Vennootschap wordt vertegenwoordigd in de handelingen…”
- Board ruleHow the board is made up, meets and takes decisions.
- Een of meerdere bestuurders natuurlijke of rechtspersonen al dan niet aandeelhouders, algemene kosten afgezien representatie reizen…
Capital, shares and profit
- Share classWhich classes of shares exist and what rights each class carries.
- Vergoeding voor inbrengen, 100Authentieke akte, 1
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- Niet tegenstelbaar aan Vennootschap of derden ongeacht goede of kwade trouw overnemer, overdracht onder levenden en overgang overlijdenWaarde netto-actief zoals blijkt uit laatste goedgekeurde jaarrekeningen, erfgenamen en legatarissen niet bedoeld in artikel 10 en niet…1 more provision on this in the deed
- Share issue ruleHow and by whom new shares can be issued.
- Algemene vergadering beraadslagende zoals inzake wijziging statuten, wijziging statuten met naleving 5:120 en 5:121 WVV
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- Nieuwe aandelen converteerbare obligaties inschrijvingsrechten, toelating
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 19.- Gewone vergadering. De jaarlijkse algemene vergadering komt elk jaar van rechtswege bijeen, de eerste maandag van de maand juni…”
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- Netto-actief dreigt negatief te worden of is geworden, bestuursorgaan
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- Ontbinding om welke reden en op welk ogenblik ook, meest uitgebreide