BALS
ActiveSummary
The computed 12-month bankruptcy probability of BALS is 7.3% (elevated). For BALS, at least two filing cycles of the annual accounts are missing. The 2023 annual accounts show equity of €342,195 and a net result of €235,559. Equity is growing by about 24% per year across the filed financial years. Its solvency ranks better than 22% of 7,292 sector peers (NACE 43, financial year 2023). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- BALS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, adres kan worden overgebracht naar om het even welke plaats in tweetalig gebied Brussel Hoofdstad of Nederlands taalgebied…” (deed in Dutch)
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.
- “Bestuursorgaan, onbepaalde duur” (deed in Dutch)“Wet of statuten aan algemene vergadering voorbehouden, iedere bestuurder alleen optredend” (deed in Dutch)“Al dan niet ten kosteloze titel, algemene kosten” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Prijs in oorspronkelijke bekendmaking of bij betwisting door deskundige, bestuursorgaan” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Voorkeurrecht toe aan eigenaar-pandgever, inbreng in geld met uitgifte nieuwe aandelen” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Thursday of April at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, vormen statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed