GRONDPADMAN
ActiveSummary
The computed 12-month bankruptcy probability of GRONDPADMAN is 1.6% (moderate). The 2026 annual accounts show negative equity (-€408,193) and a net result of -€70,735. Equity is shrinking by about 19% per year across the filed financial years. Its solvency ranks better than 5% of 489 sector peers (NACE 47, financial year 2026). The company has been active since 2005 and the Belgian Official Gazette contains no insolvency or warning signals.
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.
- GRONDPADMAN
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Bestuursbevoegdheid De raad van bestuur is bevoegd om alle handelingen te verrichten die nodig of dienstig zijn tot verwezenlijking van het…”
- Board ruleHow the board is made up, meets and takes decisions.
- “3, 2” (deed in Dutch)“Volbrengt mandaat voorganger tenzij algemene vergadering anders beslist, algemene vergadering” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of September at 09:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Alle verrichtingen vermeld in wet tenzij algemene vergadering anders besluit bij gewone meerderheid, goederen nog in natura aanwezig op…” (deed in Dutch)