BAR KOTEE
ActiveSummary
The computed 12-month bankruptcy probability of BAR KOTEE is 6.3% (elevated). The annual accounts of BAR KOTEE for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €8,435 and a net result of -€8,866. Its solvency ranks better than 30% of 16,839 sector peers (NACE 56, financial year 2025). The company has been active since 2023 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.
- BAR KOTEE
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Bestuursorgaan, Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking,bij gebrek bepaling onbepaalde duur geacht, aantal duur opdracht en indien meerdere bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, 300” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Zonder goedkeuring, zonder goedkeuring” (deed in Dutch)“Prijs vastgesteld door vorige jaarvergadering of bij gebreke waarde vastgesteld door een of meerdere experts, voorkooprecht tot overname…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday 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.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding vereffening, elk_aandeel_gelijk_recht_op_overschot_rekening_houdend_met_volstorting_bij_ontoereikende_opbrengst_bij_voorrrang_mee…” (deed in Dutch)“Lasthebbers aanstellen met bijzondere en in tijd beperkte machten voor bepaalde verrichtingen, rechtbank” (deed in Dutch)