MIRA
INFORM REPORT
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Report Date : |
28.12.2007 |
IDENTIFICATION
DETAILS
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Name : |
Eykelberg NV |
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Registered Office : |
Speureweg 16, 9830 Sint-Martens-Latem |
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Country : |
Belgium |
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Financials (as on) : |
31.12.2006 |
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Date of Incorporation : |
30/09/1996 |
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Legal Form : |
Public Limited Company |
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Line of Business : |
Public relations management consultants. |
RATING &
COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit
consideration. Capability to overcome financial difficulties seems
comparatively below average. |
Small |
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Status : |
Moderate |
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Payment Behaviour : |
Slow by 10 days |
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Litigation : |
Clear |
name & address
Eykelberg NV
Speureweg 16
9830 SINT-MARTENS-LATEM
Tel.:+32
(0)9-2827960
Fax.:+32
(0)9-2822711
Legal status
NV Public limited company [nat. law]
Founded
30/09/1996 as P.l.c.
Trade register
56138040
Capital
Nominal EUR 247.894,--
issued and paid up EUR 247.894,--
Management
EYKELBERG Jan P.L.
Activity
Public relations management consultants.
Staff
2 employees
Real
estate
The business premises at the mentioned
address has been rented by the company, as far as we know.
Finances
See balance sheet
Remarks
Net result:
2006 Euro 205.604
2005 Euro 55.851
2004 Euro 69.666
The shareholders equity was as of:
31/12/2006 Euro (14.192)
31/12/2005 Euro 191.412
31/12/2004 Euro 247.263
The working capital was
as of:
31/12/2006 Euro (109.049)
31/12/2005 Euro 71.229
31/12/2004 Euro 211.658
Banks
Fortis Bank
VAT-nr.
BE425799712
Mode of payment
On average 10 days beyond terms.
Credit demand
No direct objections against entering into a business relationship.
With regard to the financial situation, we advise you to deal on cash-payment terms only.
The following
financial data is retrieved from the corporate balance sheet of :
Eykelberg NV
Speureweg 16,
9830 SINT-MARTENS-LATEM
Trade register 56138040
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Eykelberg
NV ***
BALANCE SHEET ***
Corporate
in Euro(x 1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Intangible
assets 0 0
Tangible
assets 120.183 94.857
Financial
assets 0 0
Miscellaneous
fixed assets 0 0
Total fixed assets 120.183 94.857
Stock 63.176 96.399
Receivables 404.198 215.619
Shares 0 0
Liquid
assets 0 9
Miscellaneous
current assets 0 0
Total current assets 467.374 312.027
Shareholders equity 191.412 -14.192
Provisions 0 0
Long-term
liabilities 0 0
Current
liabilities 396.145 421.076
Minority
interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 587.557 406.884
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Eykelberg
NV ***
PROFIT & LOSS ACCOUNT ***
Corporate
in Euro(x 1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Turnover 0 0
Other
income 0 0
Total
expenses 17.227 14.561
Operating
profit -58.930 -205.932
Balance
financial P/L 3.312 -1.554
Net
profit/loss 1] -55.618 -207.486
Taxation 0 0
Share
in P/L of subsidiaries 0 0
Net
profit/loss 2] -55.618 -207.486
Balance
extraordinary P/L -233 1.882
Taxation 0 0
Extraordinary
P/L 2] -233 1.882
Res.
sub. companies 2] 0 0
Minority
interests 0 0
Miscellaneous
P/L 0 0
Net
result 55.851 205.604
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Legend
: 1] = Before tax
2] = After tax
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Eykelberg
NV *** FINANCIAL RATIOS ***
-----2005----- -----2006-----
EQUITY %
Equity
gearing 32,6 -3,5
Equity/outside
capital 48,3 -3,4
LIQUIDITY
Current
ratio 1,2 0,7
Acid
test 1 0,5
RATES
OF RETURN %
Total
assets -9,5 -51
Shareholders equity -29,1 1462
Pre
tax margin % 0 0
Turnover
rate 0 0
(x 1) (x 1)
------------------- --------------------
Working
capital 71.229 -109.049
Shareholders equity + Equalization acc. 191.412 -14.192
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RATING
EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
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71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
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56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
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11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
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<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
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NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
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This score serves as a reference to assess SC’s credit risk
and to set the amount of credit to be extended. It is calculated from a
composite of weighted scores obtained from each of the major sections of this
report. The assessed factors and their relative weights (as indicated through
%) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend
(10%) Operational
size (10%)