ORORA
ActiveSummary
ORORA has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €17,855 and a net result of €10,101. Its solvency ranks better than 45% of 39,152 sector peers (NACE 70, financial year 2025). The computed 12-month bankruptcy probability is 0.4% (very low).
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De même, si la présente société est amenée à exercer des fonctions de gestion, il lui appartiendra de désigner un représentant permanent. a)…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs administrateurs, assemblee pourvoit remplacement fixe duree fonctions et pouvoirs nouveau administrateur” (deed in French)“Attributions et rémunérations, gratuit ou rémunéré selon décision assemblée générale” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Meme formalites d'agrement si non de plein droit actionnaires, CESSION ET TRANSMISSION DES ACTIONS” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Third Monday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par assemblée générale délibérant dans formes modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Administrateur ou administrateurs en exercice, assemblée générale peut désigner un ou plusieurs liquidateurs dont elle détermine pouvoirs et…” (deed in French)