Summary
SABIMAR is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €553,022 and a net result of €15,389. Equity is growing by about 13% per year across the filed financial years. Its solvency ranks better than 59% of 6,658 sector peers (NACE 64, financial year 2025). The company has been active since 2013 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.
- SABIMAR
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, 8300 Knokke-Heist,Monikkendreef 7C” (deed in Dutch)“Vlaams Gewest, administratieve zetels,agentschappen,werkhuizen,stapelplaatsen en bijkantoren in België of buitenland bij enkel besluit…” (deed in Dutch)
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.
- “Bepaalde of onbepaalde termijn, zelfde regels van openbaarmaking alsof hij opdracht in eigen naam en voor eigen rekening zou vervullen” (deed in Dutch)“Iedere bestuurder mag volmacht geven aan andere bestuurder om te vertegenwoordigen en te stemmen, alle handelingen nodig of dienstig tot…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Saturday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Algemene vergadering, zoals inzake statutenwijziging” (deed in Dutch)“Op elk moment, in vormen vereist voor statutenwijziging” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Hun bevoegdheden te omlijnen, bij ontbinding om welke reden en op welk ogenblik ook” (deed in Dutch)