BORME summary in BIZKAIA on 2024-08-16.

Financial Analysis of Companies in BIZKAIA

Financial Analysis of Companies in BIZKAIA

This financial analysis focuses on the activities recorded in the Commercial Registry of BIZKAIA until August 16, 2024. Below, the most relevant facts are described in terms of appointments, incorporations, cessations, revocations, sole proprietorships, changes of address, statutory modifications, capital increases, dissolutions, re-elections, insolvency situations, changes of purpose, changes of name, capital reductions, expansions of purpose, changes in sole proprietorship status, loss of sole proprietorship status, terminations, mergers, and company transformations.

Appointments

A total of 33 appointment acts have been recorded in the Commercial Registry of BIZKAIA. This number reflects significant activity in terms of changes in the management and administration of companies. A notable example is GESTAMP BIZKAIA SA, a company with a share capital of 7,670,142.00 euros, dedicated to the manufacture and marketing of motor cradles for motor vehicles and engineering, research, and development activities.

Incorporations

5 acts of incorporation of new companies have been recorded. This data is a positive indicator of the creation of new business entities in the region. The incorporation of new companies is essential for economic growth and job creation.

Cessations

Regarding cessations, 9 acts have been recorded. This number can be interpreted as a reflection of the internal restructuring of companies, where changes in management positions occur for various reasons.

Revocations

5 revocation acts have occurred. Revocations are usually related to the annulment of powers previously granted to certain individuals within the company.

Sole Proprietorships

In terms of sole proprietorships, 2 acts have been recorded. This indicates that some companies have become sole proprietorships, where a single partner is the owner of the entity.

Changes of Address

4 acts of change of address have been recorded. Changes of address can be due to various reasons, such as the search for better infrastructure, cost reduction, or proximity to strategic markets.

Statutory Modifications

Only 1 act of statutory modification has been recorded. Statutory modifications involve changes in the company's statutes, which can range from modifying the corporate purpose to changes in the structure of the share capital.

Capital Increases

3 acts of capital increase have been recorded. Capital increases are a sign that companies are seeking to increase their financial capacity to undertake new projects or expand their operations. An example is IBERDROLA ESPAÑA SA, with a share capital of 2,921,234,214.00 euros, dedicated to the production, transportation, transformation, and distribution of electricity.

Dissolutions

2 acts of dissolution have been recorded. The dissolution of companies can be an indicator of financial difficulties or the end of a company's life cycle.

Re-elections

Regarding re-elections, 6 acts have been recorded. Re-elections are acts where the mandate of certain management positions is renewed, ensuring continuity in the company's management.

Insolvency Situations

No acts of insolvency situations have been recorded. This is a positive sign, as it indicates that no companies in the region have entered into insolvency or bankruptcy processes.

Changes of Purpose

2 acts of change of purpose have been recorded. Changes of corporate purpose reflect an adaptation of companies to new business opportunities or changes in their business strategy.

Changes of Name

No acts of change of name have been recorded. This indicates stability in the corporate identity of companies in the region.

Capital Reductions

2 acts of capital reduction have been recorded. Capital reductions can be a strategy to adjust the company's financial structure or to return capital to shareholders.

Expansions of Purpose

No acts of expansion of purpose have been recorded. This suggests that companies have not needed to expand their scope of action in the analyzed period.

Changes in Sole Proprietorship Status

No acts of change in sole proprietorship status have been recorded. This indicates stability in the ownership structure of companies in the region.

Loss of Sole Proprietorship Status

No acts of loss of sole proprietorship status have been recorded. This suggests that companies that are sole proprietorships have maintained this structure.

Terminations

No acts of termination have been recorded. The absence of terminations is a positive indicator of the operational continuity of companies.

Mergers

No acts of mergers have been recorded. The lack of mergers may indicate that companies have not found strategic opportunities to consolidate with other entities.

Company Transformations

No acts of company transformations have been recorded. This suggests that companies have maintained their legal structures without significant changes.

In summary, the analysis of the acts recorded in the Commercial Registry of BIZKAIA shows dynamic business activity with a significant number of appointments and incorporations, as well as stability in terms of insolvency situations and terminations. Companies like GESTAMP BIZKAIA SA and IBERDROLA ESPAÑA SA stand out for their share capital and corporate purpose, reflecting the diversity and robustness of the business fabric in the region.