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BARRACA

Active
Private limited companyfounded 1996active for 30 yearsAlbert Desenfanslaan 8, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0457.844.651
Summary

The computed 12-month bankruptcy probability of BARRACA is 4.5% (elevated). The 2025 annual accounts show negative equity (-€5,025) and a net result of -€18,982. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 9% of 5,795 sector peers (NACE 49, financial year 2025). The company has been active since 1996 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
BARRACAActiveChecked score 35/100
Risk analysis ReportCompare

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.
BARRACA
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Région de Bruxelles-Capitale, organe d’administration” (deed in French)

deed of 21-12-2023

Who represents it, and how

Who signsWho may bind the company towards others, for example by signing a contract.
“Article 14. Pouvoirs de l’organe d’administration §1. Compétence interne L’(es) administrateur(s) peut(vent) accomplir tous actes…”
Board ruleHow the board is made up, meets and takes decisions.
“Avec ou sans limitation de durée, un ou plusieurs administrateurs” (deed in French)

deed of 21-12-2023

Capital, shares and profit

Kind of sharesWhich classes of shares exist and what rights each class carries.
“Nominatives, Code des sociétés et des associations” (deed in French)
Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
“Moitié cédant moitié acquéreurs, organe d'administration” (deed in French)
Share issue ruleHow and by whom new shares can be issued.
“Actionnaires existants, personnes cession libre loi ou article 12 ou tiers agrément moitié actionnaires possédant trois quart actions” (deed in French)

deed of 21-12-2023

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Monday of June at 18:00

deed of 21-12-2023

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Assemblée générale, modification des statuts” (deed in French)
“Assemblée générale, modifications aux statuts” (deed in French)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 21-12-2023

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

Other provision: “Souverainement, appels de fonds” (deed in French)
Other provision: “Compte de capitaux propres statutairement indisponible” (deed in French)
Other provision: “Nature des autres titres” (deed in French)
Other provision: “Indivisibilité des titres, 1” (deed in French)
Other provision: “Frais de représentation voyages et déplacements, rémunération des administrateurs” (deed in French)
Other provision: “Contrôle de la société, lorsque la loi l'exige et dans les limites qu'elle prévoit” (deed in French)
Other provision: “Moyen de communication électronique mis à disposition, toute personne peut renoncer à convocation” (deed in French)
Other provision: “Administrateur, à défaut actionnaire présent détenant le plus d'actions, à parité le plus âgé, un ou plusieurs membres organe…” (deed in French)
Other provision: “Organe d'administration, trois semaines” (deed in French)
Other provision: “Chaque action droit égal, Article 24” (deed in French)
Liquidation distribution: “Biens conservés même proportion, proportion des actions” (deed in French)
Other provision: “Communications, sommations, assignations, significations, actionnaire, administrateur, commissaire, liquidateur, porteur obligations…” (deed in French)
Other provision: “Tribunaux du siège, exclusive, affaires société et exécution statuts” (deed in French)
Other provision: “Code des sociétés et des associations, Article 30” (deed in French)
3 more provisions in the deed, see the deed of 21-12-2023

deed of 21-12-2023

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