BORME summary in BIZKAIA on 2024-07-04.

Financial Analysis of the Bizkaia Commercial Registry

Financial Analysis of the Bizkaia Commercial Registry

Date: 2024-07-04

This report provides a detailed analysis of the most relevant events recorded in the Bizkaia Commercial Registry. Below, the most significant data related to registered commercial acts are described, using examples of prominent companies to illustrate key points.

Relevant Facts of the Commercial Registry

The Bizkaia Commercial Registry has recorded a series of commercial acts that reflect the business dynamics of the region. Among the most notable acts are appointments, constitutions, cessations, revocations, and bankruptcy situations. Below is a detailed analysis of these and other relevant acts.

Appointments

The number of registered appointment acts amounts to 123. This figure indicates high activity in the renewal and designation of managerial positions in Bizkaia companies. A notable example is KUTXABANK SA, which has registered an appointment act. This entity, with a share capital of 2,060,000,000.00 euros, is one of the main financial institutions in the region.

Constitutions

18 constitution acts have been registered, reflecting moderate growth in the creation of new companies. This figure suggests an active business environment, although with a relatively stable pace of new entity creation.

Cessations and Revocations

The number of registered cessations is 33, while revocations amount to 31. These figures indicate significant mobility in managerial and administrative positions. The company IBERDROLA RENOVABLES ENERGIA SA, with a share capital of 308,582,757.00 euros, is an example of an entity that has not registered cessations or revocations, which can be interpreted as stability in its managerial structure.

Sole Proprietorships and Address Changes

17 sole proprietorship acts and 9 address changes have been registered. These acts reflect adjustments in the structure and location of companies, possibly in response to strategic or logistical changes.

Statutory Modifications and Capital Increases

The number of statutory modifications is 4, while capital increases amount to 5. These figures indicate a moderate level of changes in the internal regulations of companies and their financial structure. The company GESTAMP AUTOMOCION SA, with a share capital of 287,757,180.00 euros, has not registered statutory modifications or capital increases, which may suggest stability in its corporate structure.

Dissolutions and Re-elections

12 dissolution acts and 9 re-elections have been registered. Dissolutions reflect the cessation of activities of some companies, while re-elections indicate continuity in managerial positions of others. The company IBERDROLA CLIENTES SA, with a share capital of 155,294,550.00 euros, has not registered dissolutions or re-elections, which can be interpreted as operational stability.

Bankruptcy Situations

The number of registered bankruptcy situations is 21. This figure is worrying, as it reflects significant financial difficulties in several companies in the region. Bankruptcy situations are a critical indicator of the financial health of the business sector.

Other Relevant Acts

4 object changes, 3 name changes, and 3 capital reductions have been registered. These acts reflect strategic and financial adjustments in some companies. No object expansions, sole proprietorship changes, sole proprietorship losses, mergers, or company transformations have been registered, suggesting relative stability in these aspects.

Conclusion

In summary, the Bizkaia Commercial Registry shows dynamic business activity, with a significant number of appointments, cessations, and revocations. Although the number of constitutions and capital increases is moderate, the presence of bankruptcy situations is an indicator of financial challenges in some companies. Prominent companies such as KUTXABANK SA, IBERDROLA RENOVABLES ENERGIA SA, and GESTAMP AUTOMOCION SA show stability in various aspects, which is a positive sign for the business environment in the region.