Summary
PEPAS has been active since 2025 and the Belgian Official Gazette contains no insolvency or warning signals. The computed 12-month bankruptcy probability is 0.5% (low). No annual accounts have been filed with the National Bank.
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De enige zaakvoerder vertegenwoordigt alleen de vennootschap jegens derden en in rechte, als eiser of verweerder. Indien er twee of meer…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Door algemene vergadering bepaald,zoniet onbepaalde duur, één of meer zaakvoerders” (deed in Dutch)“Bij overlijden,vereffening,faillissement,kennelijk onvermogen,wettelijke onbekwaamheid of verhindering van een zaakvoerder,waarneming door…” (deed in Dutch)2 more provisions on this in the deed
- 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.
- “Overdracht bij overlijden, erfgenamen, legatarissen, rechtverkrijgenden, ontbinding rechtspersoon-vennoot” (deed in Dutch)“Overdracht door vereffening of faillissement” (deed in Dutch)
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vrijwillige ontbinding, algemene vergadering” (deed in Dutch)“Vereenvoudigde ontbinding en vereffening” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Vereffening bij ontbinding, gewone meerderheid aanwezige en geldig vertegenwoordigde stemmen” (deed in Dutch)