Summary
BASIL is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €116,336 and a net result of €22,907. Equity is growing by about 6.3% per year across the filed financial years. Its solvency ranks better than 30% of 6,630 sector peers (NACE 64, financial year 2025). The company has been active since 2004 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.
- BASIL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, oprichting of opheffing administratieve zetels,agentschappen,ateliers,opslagplaatsen,bijhuizen in België en buitenland bij…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “1, enige bestuurder” (deed in Dutch)“Vaste of variabele vergoeding, of en in welke mate het mandaat van bestuurder zal bezoldigd zijn” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft ten laste van overdrager en helft ten laste van koper(s),naar evenredigheid van verworven aantal bij meerdere kopers, elke overdracht…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Saturday of June at 11:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- 2 provisions in the deed