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BASCO INTERNATIONAL

Active
Public limited companyfounded 2007active for 19 yearsGentsesteenweg 311A, 9240 Zele, BelgiumKBO/BCE: BE 0891.136.624
Summary

The annual accounts of BASCO INTERNATIONAL for financial year 2025 show a net loss of 77% of the equity at the start of that year. The 2025 annual accounts show equity of €79,908 and a net result of -€270,622. Equity is shrinking by about 41% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 8% of 1,232 sector peers (NACE 25, financial year 2025). The company has been active since 2007 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.7% (low).

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.
BASCO INTERNATIONAL
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaamse Gewest, bestuursorgaan” (deed in Dutch)

deed of 28-02-2024

Who represents it, and how

Board ruleHow the board is made up, meets and takes decisions.
“Raad kan voorzitter benoemen,anders waarneming door aangeduide aanwezige bestuurder, raad van bestuur” (deed in Dutch)
“Meest uitgebreide macht voor voorwerp, handelingen aan algemene vergadering voorbehouden door wet” (deed in Dutch)

deed of 28-02-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
Third Tuesday of May at 10:00

deed of 28-02-2024

Oversight and winding up

Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
“Alle machten artikel 2:87 Wetboek van vennootschappen en verenigingen zonder bijzondere machtiging, algemene vergadering kan te allen tijde…” (deed in Dutch)

deed of 28-02-2024

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

Other provision: “Vertegenwoordiging op algemene vergadering, op bureau van vergadering” (deed in Dutch)
Other provision: “Stemrecht, uiterlijk één werkdag voor vergadering” (deed in Dutch)
Other provision: “Winstverdeling, algemene vergadering beslist op voorstel bestuursorgaan” (deed in Dutch)
Other provision: “Interimdividenden, mits naleving toepasselijke wettelijke bepalingen” (deed in Dutch)
1 more provision in the deed, see the deed of 28-02-2024

deed of 28-02-2024