Paprass
ActiveSummary
Paprass has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3,057 and a net result of -€1,392. Its solvency ranks better than 10% of 15,705 sector peers (NACE 69, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
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.
- Paprass
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région bruxelloise” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Représentation externe Chaque administrateur - aussi lorsqu'il y en a plusieurs - représente la société vis-à-vis de tiers, ainsi qu'en…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Un ou plusieurs, nombre,durée mandat,pouvoirs en cas pluralité” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Wednesday of April at 10:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Formes prévues pour les modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Assemblée générale le cas échéant, à tout moment à majorité simple” (deed in French)