BORAMAX
ActiveSummary
The computed 12-month bankruptcy probability of BORAMAX is at least 25% (high). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency signals. The KBO does carry 1 administrative register entry (see administrative flags). 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
- Name clauseThe name the company operates under according to its articles.
- BORAMAX
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, mag bij enkele beslissing van het bestuursorgaan bestuurlijke zetels,exploitatiezetels,agentschappen en bijhuizen oprichten…” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel twaalf : Bevoegdheden van het bestuursorgaan Als er slechts één bestuurder is, is het geheel van de bevoegdheden van de bestuurders…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Natuurlijke personen en/of rechtspersonen,al dan niet aandeelhouders, 1” (deed in Dutch)“Algemene kosten, tenzij andersluidende beslissing algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
- Share issue ruleHow and by whom new shares can be issued.
- “Inbreng in geld met nieuwe aandelen, voorkeurrecht blote eigenaar tenzij anders overeengekomen,met eigen middelen verkregen in volle…” (deed in Dutch)
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.
- First Monday of December at 10:00
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
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Buiten wettelijke bepalingen inzake ontbinding, voorwaarden en vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Na ontbinding geacht voort te bestaan voor vereffening” (deed in Dutch)“Enkel schulden jegens aandeelhouders en alle schuldeiser-aandeelhouders schriftelijk akkoord met benoeming, voorzitter rechtbank” (deed in Dutch)“Tenzij akte van benoeming anders bepaalt, alle handelingen nodig of dienstig voor vereffening” (deed in Dutch)“Netto actief onder alle aandeelhouders naar verhouding aantal aandelen,goederen in natura zelfde wijze, geen vereffenaar benoemd” (deed in Dutch)