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PICARD

Active
Public limited companyfounded 1968active for 58 yearsRue de Marche 139, 6600 Bastogne, BelgiumKBO/BCE: BE 0404.364.789
Summary

The computed 12-month bankruptcy probability of PICARD is 1.7% (moderate). The 2025 annual accounts show equity of €3.2m and a net result of -€97,528. Equity is growing by about 4.1% per year across the filed financial years. Its solvency ranks better than 30% of 4,925 sector peers (NACE 47, financial year 2025). The company has been active since 1968 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow ReportCompare
PICARDActiveChecked score 55/100
Risk analysis ReportCompare

Articles of association

Who represents it, and how

Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 15-07-2025

Meetings and financial year

Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
One provision in the deed

deed of 15-07-2025

Oversight and winding up

Custody of recordsWhere the books and records are kept after liquidation, by law for at least five years.
“Archives de la présente société” (deed in French)

deed of 15-07-2025

Other provisionsOther rules from the articles that fall under none of the themes above.

“Trois quarts des voix exprimées, moitié du capital” (deed in French)
Real estate: “Servitudes, Les biens sont apportés avec toutes les mitoyennetés éventuelles et toutes les servitudes actives et passives, apparentes ou…” (deed in French)
Real estate: “Taxes, A compter du jour de l'entrée en jouissance, la société absorbante paiera et supportera les impôts, taxes et contributions de toute…” (deed in French)
10 more provisions in the deed, see the deed of 15-07-2025

deed of 15-07-2025

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