BIBI
ActiveSummary
BIBI has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €89,973 and a net result of €2,891. Equity is growing by about 4.5% per year across the filed financial years. Its solvency ranks better than 67% of 22,260 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De aan-en verkoop,de groot-en de kleinhandel,de in-en uitvoer,de verhuring,het ontwerpen,de fabricatie,het vervaardigen,het verstelwerken…” (deed in Dutch)
Text of the purpose (deed in Dutch)
“De aan-en verkoop,de groot-en de kleinhandel,de in-en uitvoer,de verhuring,het ontwerpen,de fabricatie,het vervaardigen,het verstelwerken van textiel,ceremonie-beroep-sport-en andere kleding,bontwerk lederwaren,schoeisel,kousen,hoeden,fantasiejuwelen en alle mogelijke kledingaccessoires en modeartikelen,zowel voor dames,heren als voor kinderen”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BIBI
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams gewest, bij enkel besluit van het bestuursorgaan” (deed in Dutch)
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.
- “Één of meer bestuurders, natuurlijke personen of rechtspersonen al dan niet aandeelhouder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s) naar evenredigheid aantal bij meer kopers, elke overdracht onder…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Thursday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed