BUMAR
ActiveSummary
BUMAR has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €197,560 and a net result of -€7,663. Equity remains stable across the filed financial years (±1.3% per year). Its solvency ranks better than 28% of 39,121 sector peers (NACE 70, 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.
- BUMAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Indien de vennootschap door twee bestuurders wordt bestuurd, zullen zij gezamenlijk het bestuur voeren. Indien de vennootschap door drie of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, natuurlijke personen of rechtspersonen, al dan niet aandeelhouder” (deed in Dutch)“Mogelijkheid een deel van bevoegdheden te delegeren, geheel van bevoegdheden van bestuurders aan hem toegekend” (deed in Dutch)“Voor tijdsduur door haar vast te stellen, algemene vergadering van aandeelhouders” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, desgevallend voorzien van een volgnummer” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Friday of December at 20:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed