Financial Analysis of the Bizkaia Commercial Registry

Report date: July 11, 2024

This report aims to analyze the most relevant data from the Bizkaia Commercial Registry, highlighting the most significant events in various categories of commercial acts. Below are the main aspects observed in the following columns: appointments, incorporations, resignations, revocations, unipersonalities, address changes, statutory modifications, capital increases, dissolutions, re-elections, bankruptcy situations, object changes, name changes, capital reductions, object expansions, changes in unipersonal company, loss of unipersonality, extinctions, mergers, and company transformations.

Appointments

The total number of registered appointment acts was 77. This data reflects significant activity in the renewal and designation of positions within companies in Bizkaia. A notable example is the company Pesquería Vasco-Montañesa SA, which, although it did not report appointment acts, it is relevant to mention its social capital of 8,307,390.00 euros.

Incorporations

A total of 19 incorporation acts of new companies were registered. This indicator is crucial to evaluate the dynamism and creation of new entities in the region. Although Iberdrola Generación SA did not report incorporations, its social capital of 543,005,383.00 euros and its corporate purpose related to the production of electric energy make it a reference company in Bizkaia.

Resignations

The number of registered resignations was 26. This data can be interpreted as a reflection of labor mobility and changes in the organizational structure of companies. It is important to monitor this indicator to understand trends in business management.

Revocations

Seven revocation acts were registered. This type of act is usually related to the annulment of previously granted powers or authorizations and can be an indicator of strategic or administrative changes within companies.

Unipersonalities

The number of unipersonality acts was 8. This data is relevant to understanding the ownership structure of companies in Bizkaia, indicating how many of them are controlled by a single shareholder.

Address Changes

Eight address change acts were registered. This type of act may be related to expansion strategies, cost optimization, or changes in the operational headquarters of companies.

Statutory Modifications

The number of statutory modifications was 4. This indicator is important to understand changes in the internal rules that govern the functioning of companies.

Capital Increases

Eight capital increase acts were registered. This data is crucial to evaluate the capacity of companies to attract new investments and strengthen their financial structure. An example is the company Zelestra Corporación Sociedad Anónima, with a social capital of 13,301,204.00 euros.

Dissolutions

The number of registered dissolutions was 6. This data can be an indicator of economic difficulties or strategic decisions to close companies.

Re-elections

Four re-election acts were registered. This act is usually related to the renewal of managerial positions, which is an indicator of stability and continuity in business management.

Bankruptcy Situations

The number of bankruptcy situations was 7. This data is concerning as it reflects significant financial difficulties in some companies, which can negatively impact the local economy.

Object Changes

Three object change acts were registered. This type of act indicates a reorientation in the main activities of companies, which may be a response to market changes or new business opportunities.

Name Changes

The number of name changes was 1. This act may be related to rebranding strategies or mergers and acquisitions. An example is Zelestra Corporación Sociedad Anónima.

Capital Reductions

Two capital reduction acts were registered. This data can be an indicator of financial adjustments or resource optimization strategies.

Object Expansions

No object expansion acts were registered. This data suggests that companies have not made significant changes to their main activities during the analyzed period.

Changes in Unipersonal Company

No changes in unipersonal company acts were registered. This data indicates stability in the ownership structure of companies in Bizkaia.

Loss of Unipersonality

No loss of unipersonality acts were registered. This data suggests that there were no significant changes in the ownership of companies that affected their unipersonality condition.

Extinctions

No extinction acts were registered. This data is positive as it suggests that there were no definitive closures of companies during the analyzed period.

Mergers

One merger act was registered. This type of act is important as it may indicate growth and consolidation strategies in the market. An example is the company Pesquería Vasco-Montañesa SA.

Company Transformations

No company transformation acts were registered. This data suggests stability in the legal form of companies in Bizkaia.

In conclusion, the analysis of the Bizkaia Commercial Registry data reveals dynamic business activity with a significant number of appointment and incorporation acts, as well as a moderate level of resignations and dissolutions. Stability in other acts such as object changes, name changes, and company transformations suggests a relatively stable business structure. The mentioned companies, such as Pesquería Vasco-Montañesa SA, Iberdrola Generación SA, and Zelestra Corporación Sociedad Anónima, stand out for their relevance in the business fabric of Bizkaia.