Summary
Bio Oil Development has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 1.5% (low). 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
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, overbrenging naar om het even welke plaats in het Nederlands taalgebied of in het tweetalig gebied Brussel Hoofdstad door…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Algemene vergadering bepaalt aantal,duur opdracht en bij meerdere bevoegdheid, niet-statutaire bestuurders herroepbaar ad nutum bij besluit…” (deed in Dutch)“Bestuursorgaan, alle handelingen stellen nodig of nuttig voor verwezenlijking voorwerp,behalve deze wet of statuten aan algemene vergadering…” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 July to 30 June
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of December at 21:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor