FRAPAS
ActiveSummary
FRAPAS has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €7,557 and a net result of €11,279. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 42% of 16,833 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “L'entreprise de restaurant,friterie,salon de consommation,traiteur,débit de boissons,ainsi que notamment crêperie,snack,petite…” (deed in French)
Text of the purpose (deed in French)
“L'entreprise de restaurant,friterie,salon de consommation,traiteur,débit de boissons,ainsi que notamment crêperie,snack,petite restauration,commerce de glacier,commerce de détail de produits de la pâtisserie,de la confiserie,de glaces de consommation et crème glacée,sandwicherie.”
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- FRAPAS
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Sièges administratifs,agences,ateliers,dépôts,succursales,tant en Belgique qu'à l'étranger, Région wallonne” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- One provision in the deed
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Exercé par le ou les usufruitiers, nominatives” (deed in French)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Exiger des opposants rachat au prix notification initiale,ou prix contesté fixé par expert commun accord,ou président tribunal de…” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Monday of September at 16:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Assemblée générale, formes prévues pour modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment, désigner un ou plusieurs liquidateurs et déterminer pouvoirs et émoluments” (deed in French)