Summary
PBA is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €8,758 and a net result of €58,758. Equity is shrinking by about 7.7% per year across the filed financial years. Its solvency ranks better than 15% of 3,036 sector peers (NACE 66, financial year 2025). The company has been active since 2017 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.
- PBA
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, bij enkel besluit bestuursorgaan administratieve zetels,agentschappen,werkhuizen,stapelplaatsen,bijkantoren in België of…” (deed in Dutch)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Bepaalde of onbepaalde duur,bij gebreke bepaling geacht onbepaalde duur, natuurlijke of rechtspersonen,al dan niet bezoldigd,al dan niet…” (deed in Dutch)“Ontslag statutaire bestuurder, alle aandeelhouders aanwezig of vertegenwoordigd” (deed in Dutch)“Algemene vergadering, mandaat van een al dan niet in de statuten benoemde bestuurder” (deed in Dutch)“Vergoeding bestuurders, algemene kosten,los van representatie- reis- en verplaatsingskosten” (deed in Dutch)
- Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
- One provision in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Geen beroep op rechter open, niet hoger dan intrinsieke waarde” (deed in Dutch)“Bindende derdenbeslissing door commissaris of bij ontstentenis bedrijfsrevisor binnen twee weken aangewezen door bestuursorgaan, niet hoger…” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00