Summary
Pipa Retail is a financial institution; the bankruptcy model is trained on trading and manufacturing companies and does not apply here. The 2025 annual accounts show equity of €327,868 and a net result of €87,868. Its solvency ranks better than 16% of 6,655 sector peers (NACE 64, financial year 2025). The company has been active since 2024 and the Belgian Official Gazette contains no insolvency or warning signals.
Articles of association
What the company does
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- Pipa Retail
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Région wallonne, tout endroit de la Région de Bruxelles-Capitale ou de la région de langue française de Belgique” (deed in French)
Who represents it, and how
- Board ruleHow the board is made up, meets and takes decisions.
- “Avec ou sans limitation durée, un ou plusieurs administrateurs” (deed in French)
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.
- “Procédure et évaluation pacte d’actionnaires, moitié au moins des actionnaires détenant trois quarts au moins des actions,sous déduction…” (deed in French)
- Share issue ruleHow and by whom new shares can be issued.
- “Même manière selon modalités arrêtées par gérance, jusqu’à émission entièrement souscrite ou plus aucun actionnaire ne se prévale” (deed in French)1 more provision on this in the deed
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- Last Friday of June at 15:00
Oversight and winding up
- Statutory auditorA statutory auditor is a registered auditor who checks the accounts; small companies need not have one. According to the deed, the legal criteria do not require one here.
- No statutory auditor
- Dissolution ruleWhen and by whom the company can be dissolved.
- “En tout temps par décision assemblée générale délibérant formes modifications statuts” (deed in French)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- “Quelque cause et à quelque moment que ce soit, assemblée générale peut désigner liquidateurs,déterminer pouvoirs et émoluments” (deed in French)