BORLIX
ActiveSummary
BORLIX has been active since 1998 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €9.0m and a net result of €937,106. Equity is growing by about 14% per year across the filed financial years. Its solvency ranks better than 43% of 788 sector peers (NACE 10, financial year 2025). The computed 12-month bankruptcy probability is 0.3% (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.
- BORLIX
- 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.
- “Benoeming bijkomende bestuurder door de Algemene Vergadering: Cyriel Management (ON 0772.721.103) vertegenwoordigd door haar vaste…”deed of 02-10-2024
- Board ruleHow the board is made up, meets and takes decisions.
- “Bij openval vóór einde mandaat hebben overblijvende bestuurders recht nieuwe bestuurder te coöpteren, 6 jaar” (deed in Dutch)deed of 12-01-2024
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 16:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuursorgaan in functie als college van vereffenaars bij gebrek benoeming, algemene vergadering bepaalt” (deed in Dutch)“Algemene vergadering anders bij gewone meerderheid, alle verrichtingen vermeld in wet” (deed in Dutch)