Picas
ActiveSummary
Picas has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals. The 2026 annual accounts show equity of €4.4m and a net result of €333,878, of which €215,101 non-recurring income. Equity remains stable across the filed financial years (±1.5% per year). Its solvency ranks better than 86% of 145 sector peers (NACE 68, financial year 2026). The computed 12-month bankruptcy probability is below 0.1% (very low).
Articles of association
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “Het bestuursorgaan is vanaf 18 juli 2025, zodoende als volgt samengesteld: •RIGGIN NV, (gedelegeerd) bestuurder, vertegenwoordigd door Erik…”deed of 08-09-2025
- Board ruleHow the board is made up, meets and takes decisions.
- “Artikel 15: Bevoegdheid van de raad van bestuur, alle handelingen verrichten nodig of dienstig tot verwezenlijking voorwerp behoudens…” (deed in Dutch)deed of 23-01-2024
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of September at 17:00