SABAS UTD
Active Risk: not assessedSummary
SABAS UTD is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- SABAS UTD
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, zal overal,zowel in binnen-als buitenland,bij gewone beslissing van de zaakvoerders administratieve…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Alle machten van bestuur en van beschikking, afzonderlijk verbindt geldig de vennootschap voor alle akten die haar aanbelangen, zelfs de…” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “100, vergoeding voor de inbrengen” (deed in Dutch)“Op naam, voorzien van een volgnummer” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 October to 30 September
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of March at 10:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Volgens regels van een statutenwijziging, wil van de vennoten” (deed in Dutch)“Algemene vergadering, regels statutenwijziging Artikel 12” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed