BELZAK
Active Risk: not assessedSummary
BELZAK is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- BELZAK
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale, sièges administratifs,succursales,agences,dépôts et comptoirs en Belgique et à l’étranger par simple décision…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Frais généraux plus représentation voyages, assemblée fixe nombre durée pouvoirs délégation en pluralité” (deed in French)“Fixe ou proportionnelle, représentation,voyages,déplacements” (deed in French)“Actes nécessaires ou utiles à accomplissement objet, loi et statuts réservés à assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Cession entre vifs transmission cause mort, 10” (deed in French)“Refus agrément cession entre vifs, 11” (deed in French)“Actif net derniers comptes annuels approuvés, valeur actions nonobstant clause contraire à charge opposants” (deed in French)
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Émission actions nouvelles obligations convertibles droits souscription, dates conditions fixées par organe” (deed in French)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Délibérer et le cas échéant décider dissolution éventuelle ou autres mesures annoncées ordre du jour pour assurer continuité, deux mois…” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateurs en fonction agissant en qualité de comité de liquidation, plus étendus conférés par articles 2:87 et suivants du Code des…” (deed in French)