BUGA-LIMBURG
ActiveSummary
BUGA-LIMBURG has been active since 1972 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.5m and a net result of €412,559. Equity is growing by about 15% per year across the filed financial years. Its solvency ranks better than 82% of 1,303 sector peers (NACE 95, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Articles of association
What the company does
- Name clauseThe name the company operates under according to its articles.
- BUGA-LIMBURG
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Samenstelling raad van bestuur, blijft in functie tot algemene vergadering in vacature voorziet” (deed in Dutch)“Besluitvorming raad van bestuur, tenminste helft tegenwoordig of vertegenwoordigd,behalve overmacht” (deed in Dutch)“Bevoegdheden raad en adviescomité, alle handelingen nodig of dienstig tot verwezenlijking voorwerp,behalve waarvoor wet of statuten alleen…” (deed in Dutch)4 more provisions on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of June at 17:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Benoeming van de vereffenaars, bij ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)“Bevoegdheden van de vereffenaars, alle verrichtingen vermeld in wet” (deed in Dutch)