BORREMANS
ActiveSummary
BORREMANS has been active since 2003 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €4,032 and a net result of €15,998. Equity is shrinking by about 11% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 33% of 34,747 sector peers (NACE 43, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (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.
- BORREMANS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, enkel besluit bestuursorgaan voor administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in Belgie of…” (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.
- “Met of zonder beperking van duur, alle handelingen nodig of nuttig voor voorwerp behalve wet of statuten aan algemene vergadering…” (deed in Dutch)“Geheel van bevoegdheden met mogelijkheid deel te delegeren, vormen college,geldig bij meerderheid leden tegenwoordig,besluiten met…” (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 Friday of April at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Indien geen andere vereffenaar benoemd, bestuurder(s) in functie als vereffenaar(s) krachtens statuten” (deed in Dutch)