BAFI 20TH
ActiveSummary
The computed 12-month bankruptcy probability of BAFI 20TH is 2.6% (moderate). The annual accounts of BAFI 20TH for financial year 2025 show a net loss of 71% of total assets. The 2025 annual accounts show equity of €1,659 and a net result of -€8,187. Its solvency ranks better than 40% of 5,649 sector peers (NACE 96, 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.
- BAFI 20TH
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuursorgaan-kan-bij-enkel-besluit-administratieve-zetels-agentschappen-werkhuizen-stapelplaatsen-bijkantoren-vestigen-in-B…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “TITEL IV. BESTUUR - CONTROLE Artikel 10. Bestuursorgaan De vennootschap wordt bestuurd door één of meer bestuurders, natuurlijke personen of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Een of meer bestuurders, algemene vergadering bepaalt aantal duur opdracht en indien meerdere bevoegdheid” (deed in Dutch)“Algemene vergadering beslist al dan niet ten kosteloze titel” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op-naam, register-van-aandelen-op-naam-met-WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Elke overdracht onder levenden ten bezwarende en ten kosteloze titel vrijwillig en gedwongen (uitsluiting en uittreding) in vruchtgebruik…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed