Summary
BADA has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is below 0.1% (very low). No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, Le siège est établi en Région Wallonne.” (deed in French)“Région Wallonne, société en commandite” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Indéterminée, assemblée générale pourvoit” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Notifié ou expert commun accord sinon président tribunal entreprise en référé, moitié cédant moitié acquéreurs prorata” (deed in French)
- Membership ruleWho can become a member or partner, and on what terms.
- “Personnes physiques uniquement, 1” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 15 June at 20:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Consentement chaque gérant, modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Gérant(s) en exercice” (deed in French)