BELGASEL
ActiveSummary
BELGASEL has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €142,273 and a net result of €27,329. Equity is growing by about 53% per year across the filed financial years. Its solvency ranks better than 95% of 521 sector peers (NACE 42, financial year 2025). The computed 12-month bankruptcy probability is 1.0% (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.
- BELGASEL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Enkel besluit, 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 van duur, 1” (deed in Dutch)“Vaste of evenredige vergoeding, vergoeding bestuurders” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Uitgifte volledig geplaatst of geen aandeelhouder gebruikt mogelijkheid nog, orgaan dat overgaat tot uitgifte” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- “Artikel 27. Gemeen recht De bepalingen van het Wetboek van vennootschappen en verenigingen, waarvan niet geldig zou zijn afgeweken, worden…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering beslissende in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie aangewezen als vereffenaar(s) krachtens statuten indien geen andere vereffenaar benoemd, bij ontbinding om welke…” (deed in Dutch)