Financial Analysis of the Bizkaia Commercial Registry

Analysis date: July 31, 2024

This report offers a detailed analysis of the movements recorded in the Bizkaia Commercial Registry to date, highlighting the most significant events in various categories of commercial acts.

Appointments Acts

The total number of appointment acts recorded amounts to 78. This figure reflects significant activity in the designation of new positions within the companies in the province. A notable example is TECSA EMPRESA CONSTRUCTORA SA, which has recorded 2 appointments. This company, established in 1971, has a share capital of 1,400,000,000.00 euros, positioning it as a relevant player in the construction sector.

Constitutions Acts

18 constitutions acts have been recorded, indicating the creation of new companies in Bizkaia. The creation of new companies is a positive indicator of economic dynamism and confidence in the local market.

Termination Acts

The number of terminations recorded is 19. These acts reflect changes in the management structure of companies, which may be due to various reasons, such as internal restructuring or strategic changes.

Revocation Acts

13 revocation acts have been recorded. This type of act may be related to the annulment of previously granted powers or positions, reflecting adjustments in the administration of companies.

Unipersonal Acts

The registry shows 5 unipersonal acts, indicating the establishment of sole proprietorships. This type of company can be an attractive option for entrepreneurs who want to maintain full control of their business.

Address Changes

5 address changes have been recorded. These movements may be motivated by the search for better strategic locations or more favorable conditions for the development of business activities.

Statutory Modifications

The number of statutory modifications amounts to 7. Modifications in the social statutes may respond to the need to adapt the structure and operation of companies to new market realities or legislative changes.

Capital Increases

5 capital increases have been recorded. This type of act is an indicator of companies' intention to strengthen their financial structure to undertake new projects or expansions. An example of a company with significant share capital is TEKNIA MANUFACTURING GROUP SL, with a share capital of 4,929,990,000.00 euros. This company is dedicated to the promotion and fostering of companies through temporary participation in their capital.

Dissolutions

The number of dissolutions recorded is 6. The dissolution of companies can be due to various causes, such as the completion of the social purpose, strategic decisions, or adverse financial situations.

Reelections

16 reelection acts have been recorded. These acts reflect continuity in management positions, which can be an indicator of stability in business management.

Bankruptcy Situations

The number of bankruptcy situations recorded is 10. This data is relevant as bankruptcy situations imply that companies are in a process of insolvency, which can have significant implications for their creditors and employees.

Changes in Corporate Purpose

1 change in corporate purpose has been recorded. This act may reflect the need for companies to adapt to new business opportunities or changes in their business strategy. A relevant example is IBERDROLA CLIENTES SA, which has expanded its corporate purpose to include the commercialization and sale of energy, as well as energy and construction services.

Capital Reductions

The registry shows 2 capital reduction acts. This type of act can be a strategy to adjust the financial structure of companies to their current needs.

Mergers

1 merger act has been recorded. Mergers can be a strategy to strengthen market position, increase operational capacity, and improve competitiveness.

Other Acts

The registry shows no acts of name changes, expansions of corporate purpose, changes in sole proprietorship, losses of sole proprietorship, extinctions, or transformations of society. The absence of these acts may indicate stability in the names and structures of the registered companies.

In conclusion, the analysis of the commercial acts registered in Bizkaia to date shows dynamic and diverse business activity. The creation of new companies, appointments and reelections, as well as capital increases, are positive indicators of confidence and growth in the local market. However, there are also acts of dissolutions and bankruptcy situations that reflect the challenges faced by some companies. Overall, the business landscape in Bizkaia shows a balance between opportunities and challenges, with companies like TECSA EMPRESA CONSTRUCTORA SA, TEKNIA MANUFACTURING GROUP SL, and IBERDROLA CLIENTES SA standing out for their relevance and adaptability in the market.