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BALINGWIRES

Active
Private limited companyfounded 2007active for 18 yearsMenensesteenweg 260, 8940 Wervik, BelgiumKBO/BCE: BE 0893.252.313
Summary

BALINGWIRES has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,638 and a net result of €23,711. Equity is growing by about 36% per year across the filed financial years. Its solvency ranks better than 59% of 2,316 sector peers (NACE 25, financial year 2025). The computed 12-month bankruptcy probability is 0.5% (low).

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BALINGWIRESActiveChecked score 82/100
Risk analysis ReportCompare

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De fabricatie en handel in omsnoeringsmachines en materialen, koorden en touwen, afvalbehandelingsmachines en installaties…” (deed in Dutch)
3 activities (deed in Dutch)
  1. De fabricatie en handel in omsnoeringsmachines en materialen, koorden en touwen, afvalbehandelingsmachines en installaties, afvalverkleining, deurbeslag, bevestigingsmaterialen, draadvlechtwerk, bindmaterialen, persdraad en snelbinders, strapping en polyester-, polypropyleenband, verlichting en diverse automaten.
  2. Verder ook alle immobiliën en diverse consultancy;
  3. Groothandel en kleinhandel in lingerie;

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
BALINGWIRES
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest” (deed in Dutch)

deed of 24-04-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
Each director alone
Board ruleHow the board is made up, meets and takes decisions.
“Met of zonder beperking van duur, 1” (deed in Dutch)
1 more provision on this in the deed

deed of 24-04-2023

Capital, shares and profit

Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
“Bestemming van de winst – reserves, 24” (deed in Dutch)

deed of 24-04-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 11:00

deed of 24-04-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Vormen vereist voor de statutenwijziging, Ontbinding” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Vereffenaars, 26” (deed in Dutch)

deed of 24-04-2023

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

Other provision: “Voorwaarden inzake toegang tot het beroep, In het geval de verrichting van bepaalde handelingen zou onderworpen zijn aan voorafgaande…” (deed in Dutch)
Other provision: “Oproeping, Iedere persoon kan verzaken aan de oproeping en zal in ieder geval als regelmatig opgeroepen worden beschouwd als hij aanwezig of…” (deed in Dutch)
Other provision: “1, alle besluiten die tot de bevoegdheid van de algemene vergadering behoren” (deed in Dutch)
Other provision: “Toegang tot de algemene vergadering, 18” (deed in Dutch)
Other provision: “Deelneming op afstand, 18bis” (deed in Dutch)
Other provision: “Beraadslagingen, 20” (deed in Dutch)
Other provision: “Uitkeringen uit de winst van het lopende boekjaar zolang de jaarrekening van dat boekjaar nog niet is goedgekeurd, Interim dividenden” (deed in Dutch)
Liquidation distribution: “Verdeling van het netto-actief, 27” (deed in Dutch)
1 more provision in the deed, see the deed of 24-04-2023

deed of 24-04-2023

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