Billy
ActiveSummary
Billy has been active since 2020 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €2.0m and a net result of -€414,106. Equity is growing by about 35% per year across the filed financial years. Its solvency ranks better than 58% of 224 sector peers (NACE 63, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (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.
- Billy
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Delegatie van machten - dagelijks bestuur De Raad van Bestuur benoemt onder de Oprichter Bestuurders de chief executive officer (CEO) van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “4, 3” (deed in Dutch)“Onbezoldigd behoudens andersluidende bepaling Algemene Vergadering, behoudens andersluidende bepaling Algemene Vergadering” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene Vergadering, vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed