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Den Baes

Active
Private limited companyfounded 1989active for 36 yearsTenhovestraat 24, 8700 Tielt, BelgiumKBO/BCE: BE 0438.893.821
Summary

Den Baes has been active since 1989 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €555,108. Equity remains stable across the filed financial years (±2% per year). Its solvency ranks better than 73% of 592 sector peers (NACE 33, 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.
Den Baes
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Geen wijziging taalregime, Vlaams Gewest” (deed in Dutch)

deed of 20-07-2023

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.
“Één of meer bestuurders,natuurlijke personen of rechtspersonen,al dan niet aandeelhouder, algemene vergadering bepaalt aantal,duur opdracht…” (deed in Dutch)
“Uitdrukkelijk akkoord bestuurde vennootschap, niet beëindigen zonder tegelijk opvolger te benoemen” (deed in Dutch)
“Algemene kosten,los van representatie-,reis- en verplaatsingskosten, algemene vergadering of enige aandeelhouder bepaalt bedrag vaste of…” (deed in Dutch)
1 more provision on this in the deed

deed of 20-07-2023

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

deed of 20-07-2023

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Bestuursorgaan bepaalt of alleen dan wel gezamenlijk, dagelijks bestuur” (deed in Dutch)
Other provision: “Bestemming winst-reserves-interimdividend, bestuursorgaan binnen grenzen artikelen 5:142 en 5:143 WVV uit winst lopende of voorgaande…” (deed in Dutch)
Liquidation distribution: “Aanzuivering schulden,lasten,kosten of consignatie nodige sommen, netto actief onder alle aandeelhouders naar verhouding aantal…” (deed in Dutch)
2 more provisions in the deed, see the deed of 20-07-2023

deed of 20-07-2023