NAROL
ActiveSummary
The computed 12-month bankruptcy probability of NAROL is 3.3% (moderate). The 2025 annual accounts show negative equity (-€49,969) and a net result of -€18,521. Equity is shrinking by about 28% per year across the filed financial years. Its solvency ranks better than 5% of 1,538 sector peers (NACE 81, financial year 2025). The company has been active since 1992 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.
- NAROL
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, eenvoudige beslissing van het bestuursorgaan” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Artikel 20: Vertegenwoordiging van de vennootschap 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.
- “Raad van bestuur, 6 jaar” (deed in Dutch)“Vergoeding bestuurders, of en in welke mate vaste of variabele vergoeding” (deed in Dutch)“1, enige bestuurder” (deed in Dutch)“Vergoeding bestuurder, of en in welke mate vaste of variabele vergoeding” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Friday of May at 18:00
Oversight and winding up
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed