SABIC BELGIUM
ActiveSummary
SABIC BELGIUM has been active since 1964 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €64.2m and a net result of €1.5m. Equity is growing by about 2.9% per year across the filed financial years. Its solvency ranks better than 93% of 6,136 sector peers (NACE 46, 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.
- SABIC Belgium
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “2. Benoeming nieuwe bestuurder De aandeelhouders beslissen om de volgende persoon te benoemen als nieuwe bestuurder van de Vennootschap, met…”deed of 28-05-2026
- Board ruleHow the board is made up, meets and takes decisions.
- “Raad van bestuur, 3” (deed in Dutch)deed of 09-02-2024
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, al dan niet 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 Thursday of June at 11:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Te allen tijde ontbonden door besluit algemene vergadering beraadslagend zoals wet vereist, ontbonden in bij wet bepaalde gevallen” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering kan te allen tijde beperken bij gewone meerderheid, desgevallend één of meer benoemd door algemene vergadering” (deed in Dutch)