Summary
The computed 12-month bankruptcy probability of Pacasso is 3.9% (moderate). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
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.
- PACASSO
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaams Gewest, Artikel 3” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde duur of zonder beperking van duur, bestuur” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Vennootschap wordt niet ontbonden door overlijden van een vennoot, aandelen overleden vennoot komen toe aan erfgenamen of legatarissen met…” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- Closes on 1 July
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Saturday of December at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Niet ontbonden bij overlijden,wettelijke onbekwaamheid of verhindering van een zaakvoerder, bestuur waargenomen door overblijvende…” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Algemene vergadering regelt wijze bij meerderheid zoals bepaald in wet, benoemd door algemene vergadering,die machten en desgevallend…” (deed in Dutch)