CLOSE OUT SHOP

Active

Public limited companyfounded 1975active for 51 yearsMaliestraat 90-92, 1050 Elsene, Belgium23 active companies are registered at this addressKBO/BCE: BE 0415.230.967

Summary

The computed 12-month bankruptcy probability of CLOSE OUT SHOP is 6.1% (elevated). For CLOSE OUT SHOP, one filing cycle of the annual accounts is missing. The 2024 annual accounts show negative equity (-€278,384) and a net result of -€220,124. Equity is growing by about 9.8% per year across the filed financial years. Its solvency ranks better than 10% of 25,598 sector peers (NACE 47, financial year 2024). The company has been active since 1975 and the Belgian Official Gazette contains no insolvency or warning signals.

Risk analysisFollow Report Compare

CLOSE OUT SHOPActive

Risk analysis Report Compare

Activity

Retail sale of lighting equipment

NACE 47552

2 sites

Size

€1.3mturnover 2024

Staff: 2.8 FTE
Equity: -€278,384
Loss: -€220,124

Financial health

Bankruptcy probabilitywithin 12 months: 6.1%

2024 figures too old to score

Structure

Parent: Société Anonyme de Participation et de Gestion · 50.15%

BLH Consult BVDirector
Denis PETTIAUXDirector

Accounts 285 days overdue1 of 7 deeds read

Signalsraises riskFigures for financial year 2024 (filed 17-01-2025)Loss of €220,124 (financial year 2024)Sector: Retail trade (NACE 47)Negative equity -€278,384Annual accounts not filedneutralFiled after the deadlineShow the evidence

Bankruptcy probability

No current score

Figures too old

The available figures for FY 2024 are too old to assess current financial health.

Bankruptcy probability: Elevated

Filing: One filing cycle is missing

Financial strength, FY 2024 · tick = 2023

Weak

Solvency 0-10

equity -75.7% of total assets

Liquidity 33+20

short-term debt 56.6% · cash 10.0%

Profitability 0-81

return on assets -59.9%

Bankruptcy probability, 12 months

6.1% Elevated

0%0.5%1.5%4%10%≥ 25%

About 6 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.6% (40,191 companies, NACE 47, micro)

Last 24 months 11-2024: 0.7%lowest value 12-2024: 0.9%▲ +0.2 percentage points vs 11-2024 01-2025: 1.3%▲ +0.4 percentage points vs 12-2024 02-2025: 2.1%▲ +0.8 percentage points vs 01-2025 03-2025: 2.1%● unchanged vs 02-2025 04-2025: 2.1%● unchanged vs 03-2025 05-2025: 2.1%● unchanged vs 04-2025 06-2025: 2.1%● unchanged vs 05-2025 07-2025: 2.1%● unchanged vs 06-2025 08-2025: 2.1%● unchanged vs 07-2025 09-2025: 2.1%● unchanged vs 08-2025 10-2025: 2.1%● unchanged vs 09-2025 11-2025: 2.1%● unchanged vs 10-2025 12-2025: 2.3%▲ +0.2 percentage points vs 11-2025 01-2026: 2.8%▲ +0.5 percentage points vs 12-2025 02-2026: 2.8%● unchanged vs 01-2026 03-2026: 3.0%▲ +0.2 percentage points vs 02-2026 04-2026: 3.2%▲ +0.2 percentage points vs 03-2026 05-2026: 4.1%▲ +0.9 percentage points vs 04-2026 06-2026: 6.6%▲ +2.5 percentage points vs 05-2026 07-2026: 6.6%● unchanged vs 06-2026 08-2026: 6.8%▲ +0.2 percentage points vs 07-2026highest value 09-2026: 6.1%▼ -0.7 percentage points vs 08-2026 10-2026: 6.1%● unchanged vs 09-2026

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Six signals.

raises riskneutral

Figures for financial year 2024 (filed 17-01-2025)

NBB · annual accounts

Loss of €220,124 (financial year 2024)

NBB · annual accounts

Sector: Retail trade (NACE 47)

KBO

Negative equity -€278,384

NBB · annual accounts

Annual accounts not filed

The financial year that closed on 31-05-2025 was due at the National Bank by 31-12-2025. Nothing is on record, 285 days later.

NBB · 10 filings

Position against the passed deadline

31-05-2025 year end31-12-2025 deadline12-10-2026 today

Filed after the deadline

The financial year that closed on 31-05-2024 was due by 31-12-2024 and was filed on 16-01-2025, 16 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.

NBB · 10 filings

Deviation from the deadline

2025

not filed

2024

16 days late

2023

10 days late

2022

9 days early

2021

42 days late

2020

26 days late

2019

225 days late

← before the deadline after the deadline →

tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 52 days after the deadline; the sector median (NACE 47) for financial year 2024 is on the deadline day, and 47% of those companies filed late.

Searched, nothing found (1)

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

18-02-2026 Reappointments: BLH Consult BV (director) and…Permanent representatives: Jean-Louis LA HAYE…
16-01-2025 Annual accounts filedfinancial year 2024 · micro…
31-05-2024 Weakest financial yearnet -€220,124

Key points

Risk: Accounts not fileddeadline was 31-12-2025 285 days late View
Risk: Negative equityfinancial year 2024: debts exceed assets -€278,384 View
Caution: Equity fell in 2024from -€58,260 to -€278,384 ▼ 378% View
Caution: Among the weakest 5% on net resultsector median €4,544 · 25,573 companies -€220,124 View
Controlled by Société Anonyme de Participation… 50.15% View
Active since 1975founded 27-06-1975 51 years View