Summary
BAMACO has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.3% (very low). No annual accounts have been filed with the National Bank.
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.
- One provision in the deed
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bestuurs- en uitbatingszetels, agentschappen en bijhuizen, bureaus en stapelhuizen in België en buitenland bij eenvoudige…” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Marktwaarde op datum vereffening of faillissement, geen zegels,gerechtelijke inventaris of belemmering normale gang van zaken” (deed in Dutch)“Artikel 13, voorafgaandelijke instemming van al zijn medevennoten” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Besluit algemene vergadering of rechterlijke beslissing met kracht van gewijsde, Artikel 16.1-16.2” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Meerdere vereffenaars beslissen en treden op als college met meerderheid van stemmen en door meerderheid van haar leden, ontbinding en…” (deed in Dutch)