PARAND
ActiveSummary
The computed 12-month bankruptcy probability of PARAND is 2.7% (moderate). The annual accounts of PARAND for financial year 2025 show a net loss of 61% of the equity at the start of that year. The 2025 annual accounts show equity of €7,517 and a net result of -€11,846. Equity is growing by about 51% per year across the filed financial years. Its solvency ranks better than 27% of 2,365 sector peers (NACE 49, financial year 2025). The company has been active since 2012 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.
- PARAND
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région de Bruxelles-Capitale” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Rémunération des administrateurs, portée aux frais généraux,indépendamment des frais éventuels de représentation,voyages et déplacements” (deed in French)“Organe d'administration, 1” (deed in French)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of May at 20:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision de l'assemblée générale délibérant dans les formes prévues pour les modifications aux statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “En cas de dissolution pour quelque cause et à quelque moment que ce soit, faculté de désigner un ou plusieurs liquidateurs et déterminer…” (deed in French)