BARA
ActiveSummary
The computed 12-month bankruptcy probability of BARA is 2.0% (moderate). The annual accounts of BARA for financial year 2025 show a net loss of 84% of the equity at the start of that year. The 2025 annual accounts show equity of €29,356 and a net result of -€158,923. Equity is growing by about 52% per year across the filed financial years. Its solvency ranks better than 10% of 835 sector peers (NACE 85, financial year 2025). The company has been active since 1987 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.
- BARA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, organe d’administration peut déplacer siège dans respect article 2:4 CSA et dispositions emploi langues” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “9, préciser administration et nommer vice-président” (deed in French)“Durée peut être limitée lors nomination, organe d’administration collégial” (deed in French)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Nominatives, unique:1500 actions” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Suppression cession libre au conjoint du cédant ou du testateur, 7” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 19:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Articles 2:87. et suivants CSA, déterminés par assemblée générale le cas échéant” (deed in French)