BLUX DISTRIBUTION
Active Risk: not assessedSummary
BLUX DISTRIBUTION is less than twelve months old; there is no public track record yet to compute a bankruptcy probability from. The company has been active since 2026 and the Belgian Official Gazette contains no insolvency or warning signals. No annual accounts have been filed with the National Bank.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Le commerce de détail, de gros et de semi-gros, l'achat, la vente, la revente, la distribution et la commercialisation de tous produits…” (deed in French)
2 activities (deed in French)
- Le commerce de détail, de gros et de semi-gros, l'achat, la vente, la revente, la distribution et la commercialisation de tous produits alimentaires (périssables ou non périssables, boissons alcoolisées ou non) et de tous produits non alimentaires (biens de consommation courante, équipements, accessoires)
- La fourniture de toutes prestations de services logistiques, commerciales, de conseil ou d'assistance technique directement ou indirectement liées aux activités ci-dessus
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- BLUX DISTRIBUTION
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région Wallonne, peut établir des sièges administratifs, d'exploitation, agences et succursales en Belgique ou à l'étranger par simple…” (deed in French)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Each director alone
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation de durée, un ou plusieurs” (deed in French)“Ne peut révoquer son représentant qu'en désignant simultanément son successeur, mêmes conditions et responsabilités civiles et pénales que…” (deed in French)“Si le mandat est ou non exercé gratuitement, portée aux frais généraux” (deed in French)1 more provision on this in the deed
Capital, shares and profit
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Considérés comme donnant leur agrément, tenus de solliciter l'agrément selon mêmes formalités” (deed in French)1 more provision on this in the deed
- Profit allocationHow profit is distributed; a BV may only pay out after a balance-sheet and liquidity test.
- One provision in the deed
Meetings and financial year
- Financial yearThe twelve-month period the company draws up its annual accounts for.
- From 1 January to 31 December
- First financial yearThe first financial year after incorporation can be shorter or longer than twelve months.
- First financial year to 31-12-2026, first annual accounts due by 31-07-2027
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Second Friday of June at 18:00
- Meeting noticeHow and how far ahead shareholders are invited to a meeting; by law at least fifteen days.
- “Conformément à l'article 2:32 du Code des sociétés et des associations, toute personne peut renoncer à cette convocation” (deed in French)
- Meeting accessWho may attend the meeting and what is needed to be admitted.
- “Pour être admis à l'assemblée générale et, pour les actionnaires, pour y exercer le droit de vote, le titulaire de titres nominatifs doit…” (deed in French)“Pour être admis à l'assemblée générale et, pour les actionnaires, pour y exercer le droit de vote, le titulaire de titres dématérialisés…” (deed in French)1 more provision on this in the deed
- Meeting procedureHow the meeting runs, from opening to minutes.
- “Le président désignera le secrétaire qui peut ne pas être actionnaire, l'assemblée générale est présidée par un administrateur ou, à défaut…” (deed in French)
- Adjournment ruleWhen the board may postpone a meeting; by law once, by three weeks.
- One provision in the deed
- Agenda ruleHow the agenda is set and who may add items to it.
- One provision in the deed
- Proxy ruleWhether a shareholder may be represented at the meeting by someone else.
- One provision in the deed
- Quorum ruleHow many shareholders or shares must be present for the meeting to decide validly.
- One provision in the deed
- Voting ruleWhich majority the meeting decides by, for example a simple or a special majority.
- One provision in the deed
- Written votingWhether shareholders may vote in writing in advance, without attending.
- One provision in the deed
- Written decisionsDecisions without a meeting, when everyone involved agrees in writing.
- “Article 5:85 du Code des sociétés et des associations, toutes les décisions qui relèvent du pouvoir de l'assemblée générale” (deed in French)“Assemblée générale annuelle, sauf preuve du contraire” (deed in French)“Assemblée générale particulière, sauf preuve du contraire” (deed in French)1 more provision on this in the deed
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- “Lorsque la loi l'exige et dans les limites qu'elle prévoit, 3” (deed in French)
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed