GRUTO
ActiveSummary
The computed 12-month bankruptcy probability of GRUTO is 11.9% (high). The 2025 annual accounts show negative equity (-€526,617) and a net result of -€156,999. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 6% of 12,650 sector peers (NACE 47, financial year 2025). The company has been active since 1985 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “De handel in alle bouwmaterialen,alle do-het-zelf-materialen en gereedschappen;granen,zaden,tuingereedschap,land- en tuinbouwmachines en…” (deed in Dutch)
3 activities (deed in Dutch)
- De handel in alle bouwmaterialen,alle do-het-zelf-materialen en gereedschappen;granen,zaden,tuingereedschap,land- en tuinbouwmachines en land- en tuinbouwmaterieel,sanitaire artikelen,verlichtingsartikelen,ijzerwerk,blikwaren en huishoudartikelen,gezaagd hout.
- Het verwerken van gezegde materialen tot afgewerkte of half-afgewerkte producten of materialen;
- Het verhuren van allerlei gereedschap en machines.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Gruto
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, België of buitenland” (deed in Dutch)
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.
- “Bestuursorgaan, algemene vergadering bepaalt aantal,duur opdracht en bij meerderen bevoegdheid” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Overdracht van aandelen, nietigheid” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Naar evenredigheid van het aantal aandelen, inbreng in geld met uitgifte van nieuwe aandelen-recht van voorkeur” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Fourth Friday of June at 12:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Bestuurder(s) in functie indien geen andere vereffenaar benoemd” (deed in Dutch)