Summary
GRASSI is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €12.2m and a net result of €256,944. Equity remains stable across the filed financial years (±0.3% per year). Its solvency ranks better than 88% of 6,599 sector peers (NACE 64, financial year 2025). The company has been active since 1990 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 26: Vertegenwoordiging van de vennootschap 1. Alle akten die de vennootschap verbinden, in en buiten rechte, zijn geldig wanneer zij…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Titel V:raad van bestuur, Artikel 18:toepassingsgebied” (deed in Dutch)“Artikel 19:Samenstelling van de raad van bestuur, minimum aantal leden door wet voorgeschreven” (deed in Dutch)“Artikel 27:Vergoeding van de bestuurders, mandaat niet bezoldigd behoudens andersluidende beslissing algemene vergadering” (deed in Dutch)