Financial Analysis of Commercial Activity in Bizkaia

Report Date: 2024-09-26

This report presents a detailed analysis of commercial activity in the province of Bizkaia, based on the most recent available data. Below, the most relevant facts in various categories of commercial acts are described.

Commercial Registry of Bizkaia

The commercial registry of Bizkaia has recorded a total of 67 appointment acts, reflecting high activity in the designation of new positions within the province's companies. This figure indicates dynamism in business management, where continuous efforts are made to optimize the direction and administration of companies.

Constitutions and Cessations

Regarding constitutions, 21 new acts have been recorded, suggesting moderate growth in the creation of new companies. On the other hand, cessations have reached the figure of 19, which could be interpreted as a balance between the entry and exit of directors or administrators in existing companies.

Revocations and Sole Proprietorships

8 revocation acts have been carried out, which may be related to internal adjustments in companies to improve their governance. Additionally, 12 sole proprietorship acts have been recorded, indicating that a significant number of companies have opted for a sole proprietorship structure.

Changes of Address and Statutory Modifications

The commercial registry has noted 9 acts of address changes, which may reflect a trend of companies relocating within the province to optimize their operations. As for statutory modifications, 2 acts have been recorded, suggesting relative stability in the companies' statutes.

Capital Increases and Reductions

5 acts of capital increases have been recorded, indicating that some companies are in the process of expansion and seek to increase their financial capacity. On the other hand, 2 acts of capital reductions have been carried out, which could be related to financial adjustments to improve operational efficiency.

Dissolutions and Re-elections

The number of recorded dissolutions is 7, which could indicate economic difficulties or strategic decisions to close unprofitable operations. In contrast, re-elections have reached the figure of 14, showing a trend towards maintaining continuity in the companies' management.

Bankruptcy Situations and Changes of Purpose

2 bankruptcy situation acts have been recorded, which could reflect financial problems in some companies. Additionally, only 1 act of change of purpose has been recorded, suggesting stability in the main activities of the companies.

Mergers and Company Transformations

2 merger acts have been carried out, indicating a trend towards consolidation in certain sectors. No company transformation acts have been recorded, which could be interpreted as stability in the companies' legal structure.

Examples of Relevant Companies

To illustrate some of these facts, consider the following companies:

• EXBASA OBRAS Y SERVICIOS SL: Constituted on December 24, 1983, with a share capital of 9,649,430.00 euros. This company has recorded 1 appointment act and 1 revocation act, showing moderate activity in the management of its directors.
• ECHEVARRI TURISMOS SA: Constituted on April 6, 1982, with a share capital of 50,000,000.00 euros. This company has recorded 1 re-election act, suggesting stability in its management.
• IBERDROLA RENOVABLES ENERGIA SA: Constituted on May 21, 1996, with a share capital of 308,582,757.00 euros. This company has recorded 1 appointment act, indicating a recent addition to its management team.
• CAF TURNKEY & ENGINEERING SL: Constituted on November 19, 2007, with a share capital of 5,702,892.00 euros. This company has recorded 1 re-election act, suggesting continuity in its leadership.

Conclusion

In summary, commercial activity in Bizkaia shows significant dynamism in terms of appointments and constitutions, with a trend towards stability in statutory modifications and changes of purpose. Companies are making adjustments in their share capital and management structure to adapt to market conditions, reflecting proactive and strategic management in the province.