PASCAL NELISSEN GRADE
ActiveSummary
PASCAL NELISSEN GRADE has been active since 1988 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €1.4m and a net result of €48,413. Equity is growing by about 6.4% per year across the filed financial years. Its solvency ranks better than 63% of 15,714 sector peers (NACE 69, 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.
- Pascal Nelissen Grade
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Eenvoudige beslissing, Vlaamse Gewest” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- The sole director
- Board ruleHow the board is made up, meets and takes decisions.
- “1, enige bestuurder” (deed in Dutch)
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of June
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Ontbinding, onverminderd ontbinding en vereffening in een akte” (deed in Dutch)“Kopie verkrijgbaar overeenkomstig Wetboek van vennootschappen en verenigingen, ontbinding wegens verlies-alarmbelprocedure” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffenaars, lasthebbers met bijzondere en in tijd beperkte machten voor bepaalde verrichtingen voor zover niet eigen aan beroep advocaat” (deed in Dutch)