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HOBO

Active
Private limited companyfounded 1976active for 49 yearsWortegemseweg 51, 8790 Waregem, BelgiumKBO/BCE: BE 0416.762.973
Summary

HOBO has been active since 1976 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €524,976 and a net result of €204,621. Equity is growing by about 16% per year across the filed financial years. Its solvency ranks better than 74% of 4,751 sector peers (NACE 56, financial year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Articles of association

What the company does

PurposeThe activities the company may carry out under its articles.
“De groot- en kleinhandel, de commissiehandel, de in- en uitvoer, de vertegenwoordiging van alle geschenkartikelen, textielartikelen…” (deed in Dutch)
2 activities (deed in Dutch)
  1. De groot- en kleinhandel, de commissiehandel, de in- en uitvoer, de vertegenwoordiging van alle geschenkartikelen, textielartikelen, artikelen in porselein, glas en gleiswerk, van alle werktuigen, gereedschappen en machines en in het algemeen van alle producten van landbouw en nijverheid.
  2. Uitbating van hotel, restaurant, café, snackbar, tearoom, danszaal, dancing; activiteiten van traiteur en dergelijke.

The full purpose is in the deed

DurationHow long the company exists; usually unlimited, so until it is dissolved.
Unlimited
Name clauseThe name the company operates under according to its articles.
HOBO
Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
“Vlaams Gewest, Artikel 2” (deed in Dutch)

deed of 03-01-2024

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.
“Interne bestuursbevoegdheid, Artikel 12” (deed in Dutch)
2 more provisions on this in the deed
Power of attorneyA special mandate allowing someone to perform one or more acts on the company's behalf.
One provision in the deed

deed of 03-01-2024

Meetings and financial year

Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
First Saturday of June at 14:00

deed of 03-01-2024

Oversight and winding up

Dissolution ruleWhen and by whom the company can be dissolved.
“Beslissing algemene vergadering in vormen statutenwijziging” (deed in Dutch)
Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
One provision in the deed

deed of 03-01-2024

Other provisionsOther rules from the articles that fall under none of the themes above.

Other provision: “Alleen of gezamenlijk zoals bestuursorgaan bepaalt, dagelijks bestuur” (deed in Dutch)
Other provision: “Toegang algemene vergadering, houder effecten op naam ingeschreven in register per categorie” (deed in Dutch)
Other provision: “Bestemming winst-reserves, rekening houdende met wettelijke bepalingen” (deed in Dutch)
Other provision: “Bestuursorgaan, uitkeringen aan aandeelhouder” (deed in Dutch)
6 more provisions in the deed, see the deed of 03-01-2024

deed of 03-01-2024