BL Development
ActiveSummary
BL Development has been active since 2014 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€17,114) and a net result of -€1,604. Equity is shrinking by about 51% per year across the filed financial years. The computed 12-month bankruptcy probability is 1.1% (low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Tous travaux,générales et spécialisés,de construction de bâtiments ainsi que la promotion immobilière; La…” (deed in French)
4 activities (deed in French)
- Tous travaux,générales et spécialisés,de construction de bâtiments ainsi que la promotion immobilière
- La création,l’acquisition,l’aliénation,l’obtention et l’octroi de tous droits réels,personnels et/ou sui generis,se rapportant à tous biens immeubles,de quelque nature qu’ils soient,et leur gestion
- L’achat,la vente,la construction,la transformation,la location,l’exploitation,l’échange,la mise en valeur,le courtage,la gestion de tous biens immeubles et droits immobiliers,le lotissement et la promotion de projets immobiliers,ainsi que le conseil en matière immobilière,la division horizontale et la mise en copropriété forcée de tous biens immobiliers
- Le commerce de matériaux de construction
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BL DEVELOPMENT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- One provision in the deed
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 12. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Frais généraux, assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Moitié cédant moitié acquéreurs au prorata, gérance” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Actions nouvelles à souscrire en numéraire, l’organe qui procède à l’émission” (deed in French)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Décision assemblée générale formes modifications statuts, en tout temps” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Si aucun autre liquidateur désigné, désigner liquidateurs déterminer pouvoirs et émoluments” (deed in French)