Orava
ActiveSummary
The computed 12-month bankruptcy probability of Orava is 2.7% (moderate). The annual accounts of Orava for financial year 2025 show a net loss of 69% of the equity at the start of that year. The 2025 annual accounts show equity of €184,036 and a net result of -€409,745. Equity is shrinking by about 27% per year and would, assuming unchanged policy, indicatively turn negative around financial year 2026. Its solvency ranks better than 40% of 853 sector peers (NACE 55, financial year 2025). The company has been active since 2018 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.
- ORAVA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, sièges administratifs sièges exploitation agences ateliers dépôts succursales en Belgique et à étranger” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Temps limité ou durée société, un ou plusieurs administrateurs personnes physiques ou morales actionnaires ou non” (deed in Dutch)“Loi et statuts réservés assemblée générale, chaque administrateur agissant seul actes nécessaires ou utiles objet” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Tuesday of May