Grand
ActiveSummary
The annual accounts of Grand for financial year 2025 show a net loss of 72% of the equity at the start of that year. The 2025 annual accounts show equity of €9,894 and a net result of -€25,481. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 18% of 2,593 sector peers (NACE 85, financial year 2025). The company has been active since 2022 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- GRAND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Nieuwstraat 40,8690 Alveringem” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking van duur, Bestuursorgaan” (deed in Dutch)“Bestuursorgaan §3, collegiaal orgaan en plaats openvalt vóór einde mandaat” (deed in Dutch)“Onbezoldigd tenzij algemene vergadering anders beslist, vergoeding bestuurders” (deed in Dutch)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Wednesday of June at 10:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering overeenkomstig wettelijke bepalingen, aanzuivering schulden lasten kosten of consignatie nodige sommen” (deed in Dutch)