Equity
€3.3m from €8.6m in 2020
Equity fell by 61% in 3 years.
CP RETAIL
Information for creditors
Enterprise Court of Walloon Brabant · Official Gazette of 23-10-2024Appeal or third-party opposition 07-11-2024Filing the claim in RegSol 16-11-2024First verification report 28-11-2024Late claim 17-10-2025
Trustee: Antoine Braun. The judgment is more than a year old. A claim can no longer be filed, not even late. The trustee knows whether anything will still be paid out.
Lifetime
17 annual accounts with figures on one time axis, 31 filings since 1993peak €57.7m (2014)
€26.0m▲ 22.1%
lowest -€3.4m (2017)
-€1.5m▲ €243,980
peak €8.6m (2020)
€3.3m▼ 30.5%
€8.8m▼ 12.0%
peak 223.9 FTE (2012)
152.2 FTE▲ 3.1%
Board9 names since 2016
2 directorsNaxival SPRL and 1 other
Owners2 names in the annual accounts
99.9%M.G. FINANCES and 1 other
Documentsfilings and deeds
31-08-2023on the last day
2023financial year
Turnover from €21.3m to €26.0mLoss of €1.5m1 director appointed, 1 reappointment 06-121 director resigning 30-08New managing director 27-06New managing director 27-06
Key points
from the 2023 annual accounts, the last ones filedLosses
-€5.3m in three years
Every financial year from 2021 to 2023 closed with a loss. 2021 was the heaviest.
Debts
€8.8m 71% of the balance sheet
Suppliers 65%Taxes and wages 13%Other 22%
Of this, €8.6m falls due within a year. The annual accounts state €390,376 of overdue tax debts and €57,793 of overdue social security (RSZ) debts on 31-01-2023.
Staff
223 employees on 31-01-2023
In 2023, 1,185 people joined and 1,185 left. On top of that, 0.1 agency workers worked there on average.
Filings
31 annual accounts since 1993
Five of the last ten came late. The 2020 accounts came latest: 366 days after the end of the period.
Final months
248 days from reorganisation to bankruptcy
No score
Board and ownership
PS
Prospheres SAS
Managing director, Gil GUIBERT
- M.G. FINANCES 99.9%bankrupt since 27-05-2024equity €24.7m (2023) · annual accounts 31-01-2023
- MISOHAMA 0.1%equity €20.7m (2023) · annual accounts 31-01-2023
Recent changes
Supervising judge replaced
Enterprise Court of Walloon Brabant · judgment of 03-04-2025 · Bankruptcy
Bankruptcy published
Enterprise Court of Walloon Brabant · judgment of 17-10-2024 · Bankruptcy
2 directors appointed, 2 resignations
Resignations: GAREO SARL and MISOHAMA (managing director) · Permanent representatives: Sophie Morillion, Geoffrey Baudts and Luc Geuten · Appointments: Jacques HAYEZ and ARLINI · General meeting of 23-07-2024 · Gazette deed
Plan homologation
Enterprise Court of Walloon Brabant · judgment of 13-05-2024 · Judicial reorganisation
Official details
Source: KBO- Status
- In bankruptcydeclared bankrupt on 17-10-2024
- Activity
- “L'exploitation d'un commerce de prêt-à-porter pour hommes,dames et enfants;” (deed in French)From the articles, 4 activitiesNo NACE code in the KBO yet
- Joint committee
- 311Large retail businesses · annual accounts 31-01-2023
- Establishment units
- 2.057.337.0396000 Charleroi, since 06-05-1992
- 2.057.338.9201440 Braine-le-Château, since 16-05-2000and 40 others
- Financial year end
- 31 January
- Peppol
- Not found in the Peppol Directory
Annual accounts to 31-01-2023
- €12.3m▼ 17.6%
- Employeeson 31-01-2023
- 223▲ 0.5%
- Filing
- Filed on 31-08-2023
Insights on CP RETAIL
CP RETAIL reached its highest turnover since 2007 in 2014: €57.7m. A year later it was €55.6m, and in 2016 still €53.3m.
Equity fell from €8.6m in 2020 to €3.3m in 2023, while debts rose from €4.7m to €8.8m.
On 12 February 2024 the court opened a judicial reorganisation. 248 days later came the bankruptcy. Parent company M.G. FINANCES went bankrupt on 27 May 2024.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.
Key facts about CP RETAIL
- What is the company number of CP RETAIL?
- The company number of CP RETAIL is 0446.720.929. The VAT number is the same number with BE in front: BE 0446.720.929.
- Where was CP RETAIL based?
- The last known address of the registered office is Parc Industriel (W-B) 9, 1440 Braine-le-Château.Company details
- What is the legal form of CP RETAIL?
- CP RETAIL is a public limited company (NV).
- When was CP RETAIL founded?
- CP RETAIL was founded on 25-02-1992.
- Is CP RETAIL still active?
- A bankruptcy is running. A bankruptcy trustee manages the company.
- How many employees did CP RETAIL have?
- CP RETAIL had an average of 152.2 full-time equivalents in financial year 2023, according to the filed annual accounts.Financials
- Which joint committee does CP RETAIL fall under?
- In its 31-01-2023 annual accounts, CP RETAIL states joint committee 311 (Large retail businesses).
- What is the turnover of CP RETAIL?
- The turnover of CP RETAIL was €26.0m in financial year 2023, according to the filed annual accounts.
- Is CP RETAIL profitable?
- In financial year 2023, CP RETAIL made a loss of €1.5m.
- Where can I find the annual accounts of CP RETAIL?
- CP RETAIL filed 31 annual accounts with the National Bank of Belgium, the latest for financial year 2023.
Next steps
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