OTARY BIS
ActiveSummary
OTARY BIS has been active since 2018 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €54.3m and a net result of €27.9m. Equity remains stable across the filed financial years (±0.5% per year). 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.
- Unlimiteddeed of 06-10-2023
- Name clauseThe name the company operates under according to its articles.
- OTARY BISdeed of 06-10-2023
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Buskruitstraat 3 -8400 Oostende” (deed in Dutch)deed of 10-06-2024
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Vertegenwoordiging van de vennootschap Onverminderd de algemene vertegenwoordigingsbevoegdheid van de raad van bestuur als college, wordt de…”
- Board ruleHow the board is made up, meets and takes decisions.
- “College, alle handelingen verrichten nodig of dienstig tot verwezenlijking voorwerp behoudens die waarvoor volgens wet of statuten algemene…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Onbeperkte overdrachten, 14.5” (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 May at 16:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Heropening vereffening vorderen, in voorkomend geval verslag commissaris” (deed in Dutch)