GALOCHE
ActiveSummary
GALOCHE has been active since 1997 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €111,872 and a net result of -€14,313. Equity is growing by about 17% per year across the filed financial years. Its solvency ranks better than 66% of 22,650 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Kleinen groothandelinschoeisel,textielwaren,kleding,lederwarenenalleswathiermedeverbandhoudt; Kleinen groothandelindiverseartikelen…” (deed in Dutch)
4 activities (deed in Dutch)
- Kleinen groothandelinschoeisel,textielwaren,kleding,lederwarenenalleswathiermedeverbandhoudt;
- Kleinen groothandelindiverseartikelen;
- Kleinen groothandelinluxeartikelen,precisieartikelen,kunstvoorwerpenenfantasieartikelen;
- Tussenpersooninhandelenhandelopcommissie;
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Galoche
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- 2 provisions in the deed
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.
- “Met of zonder beperking van duur, 1” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- One provision in the deed
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Procedure- en expertisekosten helft overdrager helft koper(s) naar evenredigheid verworven aantal, elke overdracht onder levenden ten…” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- One provision in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Monday of March at 19:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Beslissing algemene vergadering in vormen vereist voor statutenwijziging, op elk moment” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bij ontbinding om welke reden en op welk ogenblik ook, recht algemene vergadering om één of meerdere vereffenaars aan te duiden,bevoegdheden…” (deed in Dutch)