BAHAR 5
ActiveSummary
BAHAR 5 has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €25,002 and a net result of €24,502. Its solvency ranks better than 84% of 22,513 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 1.1% (low).
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.
- BAHAR 5
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Nommés avec ou sans limitation de durée, organe d'administration” (deed in French)“Rémunération portée aux frais généraux,indépendamment des frais éventuels de représentation,voyages et déplacements, si rémunéré,assemblée…” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Registre des actions nominatives, numéro d'ordre” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Tous frais de procédure et d'expertise pour moitié à charge du cédant et pour moitié à charge du ou des acquéreurs,proportionnellement au…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Thursday of June at 18:00
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.
- “Assemblée_générale_formes_modifications_statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs_en_fonction_si_aucun_autre_désigné” (deed in French)