BISCARDY'S
ActiveSummary
The computed 12-month bankruptcy probability of BISCARDY'S is 2.8% (moderate). The annual accounts of BISCARDY'S for financial year 2025 show a net loss of 51% of the equity at the start of that year. The 2025 annual accounts show equity of €48,801 and a net result of -€50,763. Equity is shrinking by about 14% per year across the filed financial years. Its solvency ranks better than 27% of 1,003 sector peers (NACE 10, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- BISCARDY’S
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, Artikel 2” (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.
- “Artikel 11, algemene vergadering bepaalt aantal,duur en bij meerderen bevoegdheid” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Wednesday of May
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed