BORBOLETA
ActiveSummary
BORBOLETA has been active since 1949 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €6.0m and a net result of €184,671. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 95% of 194 sector peers (NACE 13, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very 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.
- BORBOLETA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bestuursorgaan bevoegd tot statutenwijziging” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het dagelijks bestuur omvat zowel de handelingen en de beslissingen die niet verder reiken dan de behoeften van het dagelijks leven van de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Collegiaal bestuursorgaan,raad van bestuur, natuurlijke personen en rechtspersonen” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June at 14:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding-vereffening-verdeling liquidatiesaldo, enige vereffenaar of elke vereffenaar individueel bevoegd voor alle nodige of dienstige…” (deed in Dutch)