PAPYRUS PROMOTION
ActiveSummary
PAPYRUS PROMOTION has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €66,722 and a net result of €2,117. Equity remains stable across the filed financial years (±1.6% per year). Its solvency ranks better than 33% of 641 sector peers (NACE 90, financial year 2025). The computed 12-month bankruptcy probability is below 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.
- PAPYRUS PROMOTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, simple décision organe d’administration” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Article 16. Pouvoirs de l’organe d’administration S’il n’y a qu’un seul administrateur, la totalité des pouvoirs d’administration lui est…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Nombre,durée,pouvoirs en cas de pluralité, organe d’administration” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- 25 March at 14:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Prévues pour modifications aux statuts, assemblée générale” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et moment, faculté assemblée désigner liquidateurs et déterminer pouvoirs et émoluments” (deed in French)