Hotel Development Belzan
ActiveSummary
The computed 12-month bankruptcy probability of Hotel Development Belzan is 2.1% (moderate). The 2025 annual accounts show negative equity (-€74,983) and a net result of -€17,229. Equity is shrinking by about 47% per year across the filed financial years. Its solvency ranks better than 5% of 506 sector peers (NACE 55, financial year 2025). The company has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- Hotel Development Belzan
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 2:Zetel” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20: Vertegenwoordiging van de vennootschap De vennootschap is vertegenwoordigd in de akten, ook deze waarbij een ministerieel of…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, door louter kennisgeving aan raad van bestuur” (deed in Dutch)“Vergoeding bestuurders, andersluidende beslissing algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 30 June at 13:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Ontbinding om welke reden en wanneer ook, één of meer” (deed in Dutch)“Bevoegdheden vereffenaars, alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid” (deed in Dutch)1 more provision on this in the deed