MIRA
INFORM REPORT
|
Report Date : |
29.05.2008 |
IDENTIFICATION
DETAILS
|
Name : |
TANYA'S ANTWERP BVBA |
|
|
|
|
Registered Office : |
Schupstraat 1-7 2018
Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2006 |
|
|
|
|
Date of Incorporation : |
18.06.2004 |
|
|
|
|
Legal Form : |
Private Limited Company |
|
|
|
|
Line of Business : |
Processing of Polished and Unpolished Diamonds; Trade in all
kinds of Diamonds and Precious Stones; Everything for own account or as
broker. |
RATING &
COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
name & address
Tanya's Antwerp
BVBA
Schupstraat 1-7
2018 ANTWERPEN
Tel.:+32
(0)3-2264377
Legal status
Private limited company
Founded
18/06/2004 as BVBA
Trade register
99050246
Capital
Nominal EUR 18.750,--
Issued and paid up EUR 18.750,--
Activity
Processing of polished and unpolished diamonds; trade in all kinds of diamonds and precious stones; everyting for own account or as broker.
Staff
No other employees
Turnover
Net turnover:
2006 Euro 3.214.813
2005 Euro 2.629.027
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 25.016
2005 Euro 24.507
2004 Euro 22.526
The
shareholders equity was as of:
31/12/2006 Euro 32.674
31/12/2005 Euro 27.658
31/12/2004 Euro 23.151
The working
capital was as of:
31/12/2006 Euro 25.145
31/12/2005 Euro 23.404
31/12/2004 Euro 19.437
Other bankers:
Antwerpse
Diamantbank
Full
address:
Schupstraat
1-7, bus 2, 2018 Antwerpen
Previous
address:
Hoveniersstraat 50-52, 2018 Antwerpen
Banks
Under remarks
VAT-nr.
BE866050246
Mode
of payment
No complaints have been
registered
Credit
demand
No objections against entering
into a business relationship.
The following financial data is retrieved from
the corporate balance sheet of :
Tanya's Antwerp BVBA
BALANCE SHEET
Corporate in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Intangible assets 0 0
Tangible assets 4.254 7.529
Financial assets 0 0
Miscellaneous fixed assets 0 0
Total fixed assets 4.254 7.529
Stock 96.124 201.479
Receivables 512.271 961.765
Shares 0 136.675
Liquid assets 111.877 80.096
Miscellaneous current assets 7.770 4.159
Total current assets 728.042 1.384.174
Shareholders
equity 27.658 32.674
Provisions 0 0
Long-term liabilities 0 0
Current liabilities 704.638 1.359.029
Minority interests 0 0
Miscellaneous
liabilities 0 0
Total liabilities 732.296 1.391.703
PROFIT
& LOSS ACCOUNT
Corporate in Euro(x
1) Euro(x 1)
---31-12-2005--- ------31-12-2006---
Turnover 2.629.027 3.214.813
Other income 0 15.136
Total expenses 2.528.708 3.263.507
Operating profit 100.319 -33.558
Balance financial P/L -74.787 60.278
Net profit/loss 1] 25.532 26.720
Taxation 1.000 1.444
Share in P/L of subsidiaries 0 0
Net profit/loss 2] 24.532 25.276
Balance extraordinary P/L -25 -260
Taxation 0 0
Extraordinary P/L 2] -25 -260
Res. sub. companies 2] 0 0
Minority interests 0 0
Miscellaneous P/L 0 0
Net result 24.507 25.016
----------------------------------------------------------------------------------------------------------------
Legend : 1]
= Before tax
2]
= After tax
FINANCIAL
RATIOS
-----2005----- -----2006-----
EQUITY %
Equity gearing 3,8 2,3
Equity/outside capital 3,9 2,4
LIQUIDITY
Current ratio 1 1
Acid test 0,9 0,9
RATES OF RETURN %
Total assets 3,5 1,9
Shareholders
equity 92,3 81,8
Pre tax margin
% 1 0,8
Turnover rate 359 231
(x
1) (x 1)
-------------------- --------------------
Working capital 23.404 25.145
Shareholders
equity + Equalization acc. 27.658 32.674
RATING
EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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 |
|
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 |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Unfavourable & favourable factors carry similar weight in credit consideration.
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
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 |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
NR |
In view of the lack of information, we have no basis upon which to
recommend credit dealings |
No Rating |
|
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%)