BUDAMA
ActiveSummary
BUDAMA has been active since 1995 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €145,205 and a net result of €7,299. Equity is growing by about 9.2% per year across the filed financial years. Its solvency ranks better than 71% of 3,702 sector peers (NACE 01, financial year 2025). The computed 12-month bankruptcy probability is below 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.
- BUDAMA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, bij enkel besluit van bestuursorgaan,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointly, or a managing director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Onmiddellijk na algemene vergadering over herverkiezing bij niet-herbenoeming, hoogstens zes jaar” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten voor helft overdrager en helft koper(s),naar evenredigheid aantal bij meerdere kopers, prijs in…” (deed in Dutch)
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding en sluiting vereffening in één akte mogelijk, onder voorwaarden Wetboek vennootschappen en verenigingen” (deed in Dutch)“Algemene vergadering bepaalt, alle verrichtingen vermeld in wet tenzij algemene vergadering anders bij gewone meerderheid” (deed in Dutch)“Na aanzuivering schulden,lasten,kosten of consignatie nodige gelden, op volstrekte voet van gelijkheid stellen vóór verdeling” (deed in Dutch)