CLOSE OUT SHOP
ActiveFrom the official registers: KBO 46 annual accounts at the National Bank publications in the Belgian Official Gazette
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 25,567 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.
Directors
Board 3
Permanent representatives 1
Mandate history
- Board
- began earlier
- end not dated
| Name | Functions and periods |
|---|---|
| BLH CONSULT |
|
| Denis PETTIAUX |
|
| Jean-Louis LA HAYE |
|
| Société Anonyme de Participatior et de Gestion |
|
| Maurice Périer |
|
| Maurice PERIER |
|
How the board is organised
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- Two directors jointlydeed of 08-02-2024
- Board ruleHow the board is made up, meets and takes decisions.
- “Fin des mandats d'administrateur, Assemblée Générale qui devra statuer sur les comptes annuels clos le 31 mai 2026”deed of 18-02-2026 (in French)
Oversight and winding up
- Auditor ruleHow a statutory auditor is appointed and what they check, if the company has one.
- One provision in the deed
- Dissolution ruleWhen and by whom the company can be dissolved.
- One provision in the deed
deed of 08-02-2024 (in French)
Owners and capital
Owners
1 ownerChain of control
- Société Anonyme de Participation et de Gestion
- CLOSE OUT SHOP
Capital and shareholders
- 08-02-2024 Capital stated in the deed · €161,500 · 1,300 shares
Shares according to the articles of association
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Les actions entièrement libérées et les autres titres de la société sont nominatifs ou dématérialisés., Il est tenu au siège un registre…”1 more provision on this in the deed
- Authorised capitalThe amount by which the board may raise capital without a new shareholder decision.
- “Autorisation, Cette autorisation peut être renouvelée une ou plusieurs fois pour une durée n'excédant pas cinq ans.”
- Financial instrumentSecurities other than shares, such as bonds or warrants, the company can issue.
- One provision 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
Other provisionsRules from the articles on subjects other than the board, the shares, the purpose and the meetings.
Articles of association, deed of 08-02-2024 (in French)