MIRA INFORM REPORT

Report Date :

12.12.2011

IDENTIFICATION DETAILS

Correct Name :	LUC VETS DIAMONDS NV
Registered Office :	Pelikaanstraat 62 Antwerpen, Post Code 2018
Country :	Belgium
Financials (as on) :	31.12.2010
Date of Incorporation :	21.06.2001
Com. Reg. No.:	475099466
Legal Form :	Private Limited Company
Line of Business :	Wholesale of diamonds and other precious stones
No. of Employees :	2 persons

RATING & COMMENTS

MIRA’s Rating :

B

RATING		STATUS	PROPOSED CREDIT LINE
26-40	B	Capability to overcome financial difficulties seems comparatively below average.	Small

Status :	Moderate
Payment Behaviour :	No Complaints
Litigation :	Clear

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

ECGC Country Risk Classification List – September 30^th, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
Belgium	a1	a1

Risk Category	ECGC Classification
Insignificant	A1
Low	A2
Moderate	B1
High	B2
Very High	C1
Restricted	C2
Off-credit	D

Company summary

Business number	475099466	Company name	LUC VETS DIAMONDS NV
Address	PELIKAANSTRAAT 62 ANTWERPEN	Telephone number	032326878
Post code	2018	Fax number	-
Date of establishment	21/06/2001	Number of staff	1

Ultimate holding company

Safe Number	Company name	Company Number
-	-	-	No linked companies have been found.

Accounts & ratios

DATE OF LATEST ACCOUNTS	TURNOVER	PROFIT BEFORE TAX	NET WORTH
31/12/2010	99,031	33	131,225
31/12/2009	77,445	-1,561	132,642
31/12/2008	147,510	21,353	132,757

Accounts & ratios

DATE OF LATEST ACCOUNTS	BALANCE TOTAL	INVESTMENTS	CAPITAL	CASH FLOW	NUMBER OF EMPLOYEES
31/12/2010	2,381,904	6,248	62,000	5,557	2
31/12/2009	142,167	6,248	62,000	13,283	2
31/12/2008	174,390	6,248	62,000	1,765	2

Trends

Profitability
Liquidity
Net worth

Payment expectations

Past payments		Payment expectation days	8246.69
Industry average payment expectation days	194.04	Industry average day sales outstanding	144.63
Day sales outstanding	66.71

Court data summary

BANKRUPTCY DETAILS
Court action type	no
PROTESTED BILLS
Bill amount	-
NSSO DETAILS
Date of summons	-

Business number	475099466	Company name	LUC VETS DIAMONDS NV
Fax number	-	Date founded	21/06/2001
Company status	active	Company type	Private Limited Company (BL/LX)
Currency	Euro (€)	Date of latest accounts	31/12/2010
Activity code	46761	liable for VAT	yes
Activity description	Wholesale of diamonds and other precious stones	VAT Number	BE.0475.099.466
Belgian Bullettin of Acts Publications	moniteur belge

Contractor details

Registered contractor number	-
Contractor description	-
Date struck off register

Personnel limit NSSO

Code	-
Description	FROM 1 TO 4 EMPLOYEES

Joint Industrial Committee (JIC)

JIC Code	218
Description	Additional national joint committee for the employees
category

Significant Events

Event Date	30/05/2007
Event Description	re-appointment of director(s)
Event Details	Commentaar 30-05-2007: De mandaten van Luc Vets, van Dominica Vets en van Wim Ruyhooren worden verlengd voor een periode van zes jaar. (05/30/2007 Comment: The terms of Luc Vets, Vets of Dominica and Wim Ruyhooren be extended for a period of six years)

Profit & loss

Annual accounts	31-12-2010	%	31-12-2009	%	31-12-2008	Industry average 2010	%
Weeks	52		52		52
Currency	EUR		EUR		EUR
Turnover	99,031	27.87	77,445	-47.50	147,510	48,705,482	-99
Total operating expenses	98,901	10.67	89,362	-29.12	126,075	48,090,121	-99
Operating result	130	1.09	-11,917	-155	21,435	210,220	-99
Total financial income	-	-	10,608	-	-	158,874	-
Total financial expenses	96	-61.91	252	207	82	324,504	-99
Results on ordinary operations before taxation	33	2.14	-1,561	-107	21,353	28,327	-99
Taxation	1,450	100	-1,446	-126	5,450	15,274	-90.50
Results on ordinary operations after taxation	-1,417	-1132	-115	-100	15,903	17,966	-107
Extraordinary items	0	-	0	-	0	9,864	-100
Other appropriations	0.00	-	0.00	-	0	-	-
Net result	-1,417	-1132	-115	-100	15,903	27,824	-105
OTHER INFORMATION
Dividends	-	-	-	-	-	108,456	-
Director remuneration	-	-	-	-	-	115,784	-
Employee costs	30,703	58.88	19,324	-59.54	47,757	147,277	-79.15
Wages and salary	25,649	57.56	16,279	-58.98	39,682	124,348	-79.37
Employee pension costs	-	-	-	-	-	3,441	-
Social security contributions	3,944	119	1,796	-73.00	6,653	29,857	-86.79
Other employee costs	1,110	-11.12	1,249	-12.24	1,423	2,628	-57.77
Amortization and depreciation	9,388	0	9,388	-4.44	9,824	20,799	-54.87

balance sheet

Annual accounts	31-12-2010	%	31-12-2009	%	31-12-2008	Industry average 2010	%
Weeks	52		52		52
Currency	EUR		EUR		EUR
Intangible fixed assets	0	-	0	-	0	1,623	-100
Tangible fixed assets	19,113	-32.94	28,500	-24.78	37,888	197,945	-90.34
Land & building	-	-	-	-	-	371,256	-
Plant & machinery	-	-	-	-	-	26,408	-
Other tangible assets	19,113	-32.94	28,500	-24.78	37,888	27,454	-30.38
Financial fixed assets	6,248	0	6,248	-0.01	6,248	355,409	-98.24
Total fixed assets	25,360	-27.02	34,748	-21.27	44,136	442,107	-94.26
Inventories	2,234,033	-	-	-	-	3,122,347	-28.45
Raw materials & consumables	-	-	-	-	-	2,155,796	-
Work in progress	0	-	0	-	0	2,174	-100
Finished goods	0	-	0	-	0	1,838,008	-100
Other stocks	2,234,033	-	0	-	0	746,290	199
Trade debtors	18,100	258	5,050	-74.67	19,940	3,919,222	-99
Cash	5,557	-58.16	13,283	652	1,765	264,968	-97.90
other amounts receivable	98,853	11.25	88,853	-18.15	108,550	347,038	-71.52
Miscellaneous current assets	0	-100	233	23333	-1	42,181	-100
Total current assets	2,356,543	2093	107,419	-17.53	130,254	7,173,611	-67.15
CURRENT LIABILITIES
Trade creditors	2,234,537	526602	424	71.76	247	2,714,484	-17.68
Short term group loans	-	-	-	-	-	-	-
Other short term loans	0	-	0	-	0	1,984,956	-100
Miscellaneous current liabilities	16,142	77.37	9,101	-78.01	41,387	16.70	- -
Total current liabilities	2,250,679	23528	9,525	-77.12	41,634	4,485,202	-49.82
LONG TERM DEBTS
Long term group loans	-	-	-	-	-	-	- -
Other long term loans	-	-	-	-	-	-	- -
Other long term liabilities	0	-	0	0	-1	749,976	-100
Total long term debts	0	-	0	0	-1	1,329,898	-100
SHAREHOLDERS EQUITY
Issued share capital	62,000	0	62,000	0	62,000	994,581	-93.77
Share premium account	-	-	-	-	-	190,609	-
Reserves	69,225	-2.01	70,642	-0.16	70,757	737,526	-90.61
Revaluation reserve	-	-	-	-	-	715,893	-
Total shareholders equity	131,225	-1.07	132,642	-0.09	132,757	1,751,722	-92.51
Working capital	105,864	8.14	97,894	10.46	88,620	2,688,409	-96.06
Net worth	131,225	-1.07	132,642	-0.09	132,757	1,750,098	-92.50

ratio analysis

Annual accounts	31-12-2010	change(%)	31-12-2009	change(%)	31-12-2008	Industry average 2010	%
TRADING PERFORMANCE
Profit Before Tax	0.03	1.49	-2.02	-113	14.48	-2,00	1.50
Return on capital employed	0.03	2.54	-1.18	-107	16.08	17,00	-99
Return on total assets employed	0	0	-1.10	-108	12.24	-82,00	0
Return on net assets employed	0.03	2.54	-1.18	-107	16.08	18,00	-99
Sales / net working capital	0.94	18.99	0.79	-52.41	1.66	38,00	-99
Stock turnover ratio	2255.90	-	-	-	-	65,00	3370
Debtor days	66.71	180	23.80	-51.76	49.34	165,00	-59.57
Creditor days	8246.69	476587	1.73	140	0.72	169,00	4779
SHORT TERM STABILITY
Current ratio	1.05	-90.69	11.28	260	3.13	8,00	-86.88
Liquidity ratio / acid ratio	0.05	-99	11.28	260	3.13	5,00	-99.00
Current debt ratio	17.15	24400	0.07	-77.42	0.31	8,00	114
Liquidity ratio reprocessed	-	-	-	-	-	-	-
LONG TERM STABILITY
Gearing	-	-	-	-	-	150,00	-
Equity in percentage	5.51	-94.09	93.30	22.55	76.13	-1.578,00	0.35
Total debt ratio	17.15	24400	0.07	-77.42	0.31	9,00	90.56

Industry comparison

Activity code	46761
Activity description	Wholesale of diamonds and other precious stones
Industry average credit limit	140177.31

Suspension of payments / moratorium history

Amount	-
Details	-

Payment expectations

Payment expectation days	8246.69
Day sales outstanding	66.71

Industry comparison

Activity code	46761
Activity description	Wholesale of diamonds and other precious stones
Industry average payment expectation days	194.04
Industry average day sales outstanding	144.63

Industry quartile analysis

Payment expectations
Company result	8246.69
Lower	135.55
Median	89.39
Upper	47.11
Day sales outstanding
Company result	66.71
Lower	120.32
Median	62.90
Upper	28.58

Summary

Group - Number of Companies	0
Linkages - Number of Companies	0
Number of Countries	0

Group Structure

No group structure for this company.

Minority Shareholders

No minority shareholders found

Minority Interests

No minority interests found

Companies that match this address

Business number	Company name	Limit	Date of accounts
403672597	BENELUX DIAMONDS	3000	-
403762597	BENELUX DIAMONDS BVBA	260000	31/12/2010
404103384	ETN CHARLES ROMBOUTS EN ZOON PVBA	-	31/12/2000
404107740	ANTWERP DIAMOND CUTTING NV	260000	31/12/2010
404697460	VRIJE DIAMANTHANDEL NV	61000	31/12/2010
404738735	VALORIMO NV	18500	30/06/2010
404927191	COMPAGNIE DIAMANTAIRE AMBEL BVBA	33000	31/12/2010
404927191	COMPAGNIE DIAMANTAIRE AMBEL BVBA	33000	31/12/2010
404928379	ANTWERP DIAMOND JEWELS IN VEREFFENING BVBA	-	-
404930161	ASSOCIATED DIAMONDS CUTTERS	-	-
404932240	EDDY BAMPS & CO BVBA	-	31/12/1998
404932537	BARSAMIAN DIAMONDS NV	1800000	31/12/2010
404932537	BARSAMIAN DIAMONDS NV	1800000	31/12/2010
404935507	BONAS COUZYN (ANTWERP) NV	445000	31/12/2010
404937980	R. BUSCH	-	-
404946393	DIADRILL	-	-
404947779	D DRUKKER EN ZOON NV	-	-
404947878	DIAMOND CORPORATION	-	-
404948868	SAMUEL GASSAN (BELGIUM) NV NV	210000	31/12/2010
404948868	SAMUEL GASSAN (BELGIUM) NV NV	210000	31/12/2010
404949363	DIAROOS, IN VEREFFENING BVBA	-	31/12/1999
404950551	L B EKSTEIN-LIEBER & SON BVBA	30500	31/12/2010
404950551	L B EKSTEIN-LIEBER & SON BVBA	30500	31/12/2010
404951541	DIAMANTBEDRIJF EMBE	-	-
404954412	C.A. FINN DIAMOND CO PVBA IN VEREFFENING	-	-
404957182	JOS GELDZAHLER BVBA	-	-
404960251	GUTWIRTH TRADING COMPANY BVBA	-	-
404960647	HENRI DE HANTSETTERS & ZOON BVBA	-	-
404963221	I D O TOOLS	-	-
404963716	INDIAMEX IN VEREFFENING NV	-	31/12/1999
404969060	L. KROCHMAL & SONS PVBA IN VEREFFENING	-	-
404970347	LENS JOHN IN VEREFFENING BVBA	-	31/12/2010
404977968	NAYSAR DIAMONDS BVBA	-	-
404978364	E NEUSTETEL & CO	-	-
404985292	THE ROLAND DIAMOND BVBA	-	-
404985589	ROUDIAM BVBA	-	-
404986876	SCALDIA DIAMOND MANUFACTURING COMPANY IN VEREFFENI	-	31/12/1999
404989252	JACQUES I SLAP BVBA	-	31/12/1999
404990737	D STRANDERS & ZOON BVBA	115000	31/12/2010
404990737	D STRANDERS & ZOON BVBA	115000	31/12/2010
404991628	TAUB EN SCHANZER DIAMOND IN VEREFFENING BVBA	-	-
404991826	JACQUES & BERGE TCHERKEZIAN IN VEREFFENING BVBA	-	08/12/1999
404992519	DIAMALT BVBA	69000	31/12/2010
404993806	CHSVAN ANTWERPEN EN COMPAGNIE CV	-	-
404995289	CH VAN GESTEL DIAMOND WORKS BVBA	3500	31/12/2010
404997566	VEREUDIA IN VEREFFENING NV	-	-
404998754	J.VYEVANO IN VEREFFENING NV	-	31/12/2005
405989540	E MARTENS	-	-
406299346	DIAMFAB P/A 8E BTW CONTROLE BVBA	-	31/07/2006
406299445	DIAMOND DISTRIBUTORS BELGIUM PVBA IN VEREFFENING	-	-
406549863	VAN LAAR BVBA	-	-
406610736	RUBINLICHT & ZOON IN VEREFFENING BVBA	-	31/12/2006
406769401	GENERAL DIAMOND TRADING CY BVBA	16000	31/12/2010
406769401	GENERAL DIAMOND TRADING CY BVBA	16000	31/12/2010
407136417	I.HENNIG EN CO (BELGIUM) NV	21000	31/12/2010
407213423	CULLINAN NV	-	-
407613497	COHEN Y ESCALONI SYLVIO BVBA	-	31/12/2002
407613596	TOFIC ESSES BVBA	62000	31/12/2010
407614388	KROCHMAL & LIEBER BVBA	625000	31/12/2010
407614388	KROCHMAL & LIEBER BVBA	625000	31/12/2010
407689515	H.EDELSTEIN AND SON PVBA IN VEREFFENING	-	-
408129082	V. SINGER DIAMOND COMPANY PVBA IN VERFFENING	-	-
409263586	COMITÉ BELGE DE PROPAGANDE POUR LE DIAMANT IN VERE	1500	-
411894365	CALAMBEL CO BVBA	-	-
411896642	DIAMOND EXPORT CORPORATION BVBA	-	-
412026108	HARRY FÖRSTER-DIAMONDS	-	-
412088266	PAG GEMS	-	-
412487649	FIDCO INC	-	-
412643740	EMBE BVBA	-	-
412829327	ALDIAEM IN VEREFFENING BVBA	-	31/12/2000
412829327	ALDIAEM IN VEREFFENING BVBA	-	31/12/2000
412830020	EMIEL VETS EN ZONEN NV	140000	31/12/2010
412911776	BENGEM IN VEREFFENING BVBA	-	31/12/1999
413078557	IMBA NV	3000	-
413619678	LACHOWSKY & ZUCKER BVBA IN VEREFFENING	-	-
413649966	L & E BERKOVIC DIAMANT	-	-
414012529	INTERNATIONAL DIAMOND COMPANY	-	-
414079934	FEDERATIE DER BELGISCHE DIAMANTBEURZEN VZW	1000	-
414523362	J NUÑES DIAMONDS LTD	3000	-
414697962	ALCOR INTERNATIONAL DIAMONDS IN VEREFFENING	-	-
414966988	JESSE ALBERT NV	-	-
415050924	CHARLES EN HUBERT VAN DEN EYNDE BVBA	2500	30/06/2010
415050924	CHARLES EN HUBERT VAN DEN EYNDE BVBA	2500	30/06/2010
415170589	MAVENDI IN VEREFFENING BVBA	-	31/12/2002
415347763	ISRAEL-ARAB DIAMOND TRADING	-	-
415584028	AKADIAM MANUFACTURING COMPANY IN VEREFFENING BVBA	-	31/12/2004
415584028	AKADIAM MANUFACTURING COMPANY IN VEREFFENING BVBA	-	31/12/2004
415636585	ROJASA BELGIUM P/A 8STEBTW-CTLE NV	-	31/12/2000
415813561	PAG-GINDER DIAMONDS	-	-
416304697	D & D DE BELDER IN VEREFFENING NV	-	-
416385663	I KOMKOMMER INTERNATIONAL IN VEREFFENING NV	-	31/12/2005
416440301	ARTINIAN NV	785000	31/12/2010
416713285	DECODIA BVBA	50000	31/12/2010
416730113	VICTORY DC NV	500	31/12/2010
416784749	ANTWERP UNITED DIAMONDS NV	120000	30/06/2010
416784749	ANTWERP UNITED DIAMONDS NV	120000	30/06/2010
417379023	ARSLANIAN CUTTING WORKS BVBA	355000	31/12/2010
417627659	J E M DIAMONDS BVBA	-	-
417678337	DEDIAM BVBA	18500	31/12/2010
417678337	DEDIAM BVBA	18500	31/12/2010
417752571	SCALDIA DIAMOND POLISHING IN VEREFFENING BVBA	-	-
417774446	HASENFELD EN STEIN	-	-
418388021	RENÉ Y BENYACAR & SON IN VEREFFENING NV	-	31/12/1998
418884996	GINÉE ROTTI DIAMOND COMPANY NV	16500	31/12/2010
419291210	DIAMOND AND GEM CORPORATION BVBA	-	31/12/2009
419592997	OCCIDENTAL DIAMONDS PVBA IN VEREFFENING	-	-
419593690	GENERAL DIAMOND MANUFACTURING AND TRADING COMPANY	-	-
419840447	MAC PRECIOUS STONES BVBA	8000	31/12/2010
419840447	MAC PRECIOUS STONES BVBA	8000	31/12/2010
419875881	BELDIAMCO BVBA IN VEREFFENING	-	-
419932103	MOUAWAD BVBA	76000	31/12/2010
419932103	MOUAWAD BVBA	76000	31/12/2010
419978227	SPARKLING GEMS IN VEREFFENING BVBA	-	-
420077009	OSCAR WASYNG EN MAURICE SCHEINMAN BVBA	-	-
420244778	STAROUGH BVBA	200000	31/12/2010
420340194	PAPROCKI-NUYTS DIAMANT BVBA	82000	31/12/2010
420532612	E ATLASS DIAMOND MANUF C	-	-
420562108	I.D.I.C.	-	-
420768578	RIVER DIAMONDS NV	14000	31/12/2010
420844002	ADAMEX	-	-
420881119	DIAMPAK BVBA	12500	31/12/2010
420967033	HARRY WINSTON OF NEW YORK IN VEREFFENING BVBA	-	31/12/2007
420967033	HARRY WINSTON OF NEW YORK IN VEREFFENING BVBA	-	31/12/2007
421168852	L. STRASSMAN BVBA	-	31/12/2009
421185579	SUBHA DIAMONDS IN VEREFFENING BVBA	-	-
421494494	DENROSE DIAMOND COMPANY INC	3000	-
421686120	M A ZUCKER COMPANY BVBA	0	31/12/2010
421691959	EDDY KATZ BVBA	0	31/12/2010
421738281	SOCIÉTÉ ANVERSOISE DE GEMMOLOGIE IN VEREFFENING	-	-
421754911	EURO -DIAMONDS	-	-
421861017	BELDIASA P/A BTW CLÚ APEN 7 BVBA	-	31/12/2010
421953661	SOCOFIN BVBA	-	-
422238228	MEL ROTHMAN IN VEREFFENING BVBA	-	31/12/2007
422521508	HAKIM EN CIE IN VEREFFENING BVBA	-	-
422545163	KROCHMAL-LIEBER BVBA	-	31/12/2009
422655625	SHANTI GEMS BVBA	-	31/12/2009
422944447	GUMUCHDJIAN DIAMOND COMPANY PVBA IN VEREFFENING	-	-
422993838	SOBINOR PVBA	-	-
423196152	L FRAENKEL EN SON BVBA	33500	31/12/2010
423296122	GREY AND SONS BVBA	21000	31/12/2010
423401238	ROGER GROS & CIE BVBA	44500	31/12/2010
423463990	DJIGO DIAMONDS BVBA	-	-
424011645	SUNSHINE GEMS NV	-	31/12/2008
424201883	DIRGEM BVBA	2000	31/12/2010
424210494	DE BELDER & VAN STRYDONCK IN VEREFFENING	-	-
424511293	SOVEREIGN BVBA	0	31/12/2010
424609085	DIAMOND TRADERS ANTWERP BVBA	13500	31/12/2010
424769730	SHIMOR BVBA	-	-
424920673	BUSINESS SERVICES BELGIUM NV IN VEREFFENING	-	-
425003520	GROS DIFFUSION BVBA	-	31/12/2009
425142684	DOW GEMS IN VEREFFENING BVBA	-	31/12/1999
425272843	PARK JEWELRY BVBA	3500	31/12/2010
425677273	PROFIDIAM BVBA	3500	31/12/2010
426064679	TALDIAM BVBA	-	31/12/2004
426064679	TALDIAM BVBA	-	31/12/2004
427073479	FRANK VETS EN CO DIAMOND MANUFACTURERS IN VEREFFEN	-	31/12/2010
427171865	IMPEXDIAM BVBA	25500	31/12/2010
427274607	OGEM	-	-
428015765	DIALANCO IN VEREFFENING BVBA	-	31/12/1999
428142261	HAPPY DIAMONDS IN VEREFFENING NV	-	31/07/2010
428662202	BEATRICE DIAMOND CO BVBA	39000	31/12/2010
428696052	ROSEBUD BVBA	-	-
428851648	ROUDIA	-	-
429118694	FEATURE ENTERPRISES INC	-	-
429129582	JOJO MANUFACTURING NV	-	31/12/2000
429687243	INTERCOMMERCIAL DIAMONDS	3000	-
430033860	AREMCO BVBA	8000	31/12/2010
430487087	DORAL BVBA	13000	31/12/2010
431583880	MANHATTAN JEWELS BVBA	-	-
432103326	M & A MANUFACTURING C NV	-	31/12/2004
432335136	SAM LOONSTEEN DIAMONDS IN VEREFFENING FV	-	-
432357209	HALPDIA IN VEREFFENING BVBA	-	-
432607429	GEORGES ABADJIAN & FILS BVBA	-	31/12/1999
432654444	BELPEARL BVBA	0	31/12/2010
432938714	CHARLES BAMPS INC IN VEREFFENING NV	-	31/12/2010
432938912	REGENCY JEWELERY COMPANY IN VEREFFENING NV	-	-
433847445	ATAMANT BVBA	11000	30/06/2010
435398356	MEANDIAM IN VEREFFENING BVBA	-	31/12/1999
435775666	PAG DIAMONDS NV	2000	31/10/2010
435937103	ATLASS & CO BVBA	115000	31/12/2010
436672917	MAZAL DIAMONDS IN VEREFFENING NV	-	31/05/2011
436672917	MAZAL DIAMONDS IN VEREFFENING NV	-	31/05/2011
436745864	KRIS-DIAMONDS BVBA	35000	31/03/2011
436745864	KRIS-DIAMONDS BVBA	35000	31/03/2011
437190381	NATURAL FANCY COLOUR DIAMONDS BVBA	-	-
437313612	ADDO DIAMONDS BVBA	2500	31/12/2010
438138508	BELGIAN DIAMOND SUPPLIERS BVBA	-	31/12/1998
438285392	ANTWERP COLOURED GEMS CVBA	46000	30/06/2010
438361806	ROJOCO BVBA BVBA	0	31/12/2010
438830077	TWIN TRACK CORPORATION NV	-	31/12/2008
440183624	A HABERKORN-PH ROTHMAN BVBA	-	-
440491054	ANTWERP GEM DIAMOND MANUFACTURING COMPANY BVBA	-	-
440837284	J C KEPPIE CO	-	-
440870443	AYA CORP BVBA	-	31/12/2002
440909441	DIAMOND PROMOTION & SERVICES BVBA	-	31/12/1998
440980905	N N DIAMONDS BVBA	0	31/12/2010
441618234	D.I.S. IN VEREFFENING BVBA	-	-
441625360	SIMMCOBEL NV	-	31/12/2009
441864593	SEBER CRÉATIONS BVBA	265000	31/12/2010
441864593	SEBER CRÉATIONS BVBA	265000	31/12/2010
441931703	T.P. BELGIUM IN VEREFFENING NV	-	31/03/2008
441931703	T.P. BELGIUM IN VEREFFENING NV	-	31/03/2008
441984062	BOGHOSSIAN GERARD EN ROGER BVBA	260000	31/12/2010
441984062	BOGHOSSIAN GERARD EN ROGER BVBA	260000	31/12/2010
442058692	VERIMCO NV	500	31/12/2010
443630686	W VERREYKEN IN VEREFFENING NV	-	-
444110441	M S KINSBERGEN BVBA	-	-
444124297	BRABO DEVELOPMENT INTERNATIONAL EN LIQUIDATION NV	-	-
444166562	MAZAL BROKERS BVBA	0	31/12/2010
444166562	MAZAL BROKERS BVBA	0	31/12/2010
444603062	GARNAR ANTWERP NV	-	-
444603161	VAHE OSKANIAN DIAMONDS NV	27000	31/12/2010
444603161	VAHE OSKANIAN DIAMONDS NV	27000	31/12/2010
444751136	DI-STAR ANTWERP IN VEREFFENING BVBA	-	31/12/2001
445451516	BLOOMING STAR BVBA	190000	31/12/2010
445523968	ELITE ENTERPRICE IN VEREFFENING BVBA	-	-
445720839	THE MANOR HOUSE BVBA	0	31/12/2010
445849414	DIAMANT INTERNATIONAL BVBA	-	31/12/2000
446562462	IMMODOOR P/A 8E BTW CONTROLE NV	-	31/12/2009
446896123	NAGAHORI CORPORATION	3000	-
446896321	D.J.M. LIMITED IN VEREFFENING BVBA	-	31/12/2010
447257496	HARDWILL DIAMONDS BVBA	61000	31/12/2010
448544826	SNEHDIAM BVBA	67000	31/12/2010
448967072	SCHACHTER & NAMDAR BELGIUM BVBA	-	31/12/2003
449313007	WEINBERG BERNARD BVBA	635000	31/12/2010
449313007	WEINBERG BERNARD BVBA	635000	31/12/2010
449539372	NAÏRI DIAMONDS IN VEREFFENING NV	-	31/12/2001
449539372	NAÏRI DIAMONDS IN VEREFFENING NV	-	31/12/2001
449729711	JOACHIM GOLDENSTEIN DIAMOND EXPORT BVBA	-	-
450593803	SINGLE STAR BVBA	250000	31/07/2010
451063163	ASTRON DIAMOND NV	17500	31/12/2010
451090283	ALTAI DIAMONDS IN VEREFFENING NV	-	-
451327142	VAN DEN PLAS EN ZONEN BVBA	82000	31/12/2010
452154018	ANTEX INTERNATIONAL DIAMOND CY BVBA	0	31/12/2010
452776204	BEDIMEX BVBA	47000	31/12/2010
453475889	GENETRA IN VEREFFENING BVBA	-	-
453684242	I. & W. INTERNATIONAL NV	-	31/12/2009
454587431	NICE DIMON BVBA	39000	31/12/2010
454615838	CHRIS CLAIRE OVERSEAS COMPAGNIE IN VEREFFENING. BV	-	-
454661071	EXELCO NV	2700000	31/12/2010
454737582	STARS & STRIPES NV	-	-
455128948	MOUAWAD RARE JEWELS IN VEREFFENING BVBA	-	31/12/2002
455195957	LIPTON DIAMONDS INTERNATIONAL IN VEREFFENING BVBA	-	-
455544662	MEGENS DIAMONDS BVBA	-	31/12/2009
455632655	DIAMOND TRADING NV	-	31/12/2009
456076380	THOMAS FARBER (ANTWERP) NV	40500	31/12/2010
456696982	GABI S. TOLKOWSKY ANS SONS BVBA	68000	31/12/2010
457308676	DIALPHA BVBA	10000	31/12/2010
457403401	CUPID DIAMONDS IN VEREFFENING NV	-	30/09/2004
458760609	FRISCH DIAMOND CORPORATION NV	0	31/12/2010
458817918	ATLAS GEMS NV	0	31/12/2009
458859092	BAX DIAMONDS BVBA	-	31/12/2003
459093080	ERKENY IN VEREFFENING NV	-	31/12/1998
459648950	S & A DIAMONDS BVBA	83000	31/12/2010
459981423	GEM IMPEX BVBA	29000	31/12/2010
460017946	DHWANI GEMS BVBA	33000	31/12/2010
460581041	PRIYANKA GEMS BVBA	355000	30/06/2010
460718227	NEW WORLD DIAMONDS NV	-	31/12/2003
460772467	UGAM BVBA	67000	30/06/2010
462326051	A.O.T. DIAMONDS BVBA	56000	30/09/2010
463611401	FAR EAST DIAMOND DISTRIBUTORS COMPANY IN VEREFFENI	-	31/12/2001
464577540	HARRY WINSTON DIAMOND INT. NV	950000	31/01/2011
465915942	MILU IN VEREFFENING BVBA	-	30/06/2002
466507741	S N K DIAMONDS IN VEREFFENING BVBA	-	31/12/2005
466572572	BEAUTY GEMS BVBA	120000	30/09/2010
467188919	M & M KORNREICH DIAMONDS P/A 8E BVBA	-	31/12/2009
467706284	ELIA & CO BVBA	0	31/12/2010
468314614	THIERRY BAMPS IN VEREFFENING NV	-	31/12/2010
470012213	FLORA GEMS BVBA	19500	31/12/2010
470151872	JACOBS EN SMOLDERS BVBA	0	31/12/2010
471155427	MILLENNIUM STAR BVBA	0	31/12/2010
471350813	ETERNITY DIAMONDS NV	225000	31/12/2010
471350813	ETERNITY DIAMONDS NV	225000	31/12/2010
471642407	DIALANCO INTERNATIONAL BVBA	68000	31/12/2010
472119289	DINO FINE P/A 8E BTW CONTROLE BVBA	-	31/12/2008
472970218	DIAMOND GROUP BVBA	0	31/12/2010
473023468	ALLADIAM MFG NV	38000	30/06/2010
473305758	INDIAM BVBA	13500	31/12/2010
473592305	AFRO LÉONE BVBA	18500	31/12/2010
474266454	LEYBEL ELIELI BELGIUM BVBA	51000	31/12/2010
474558543	INDEPENDENT DIAMANTAIRES ASSOCIATION VZW	1000	-
474754919	KOMERY DIAMONDS BVBA	0	31/12/2010
474807377	FIMA DIAMONDS BVBA	-	31/12/2009
475160438	D'ORIGINE BVBA	0	31/12/2010
475161329	D'ORIGINE INTERNATIONAL BVBA	-	31/12/2005
475242491	BARSAMIAN MANUFACTURING IN VEREFFENING NV	-	31/12/2003
475416301	HOPE BELGIUM NV	105000	30/06/2010
477063123	CENJAL HOLDING BELGIUM NV	145000	31/12/2010
477230496	EURO DISTRIBUTORS DIAMONDS BVBA	420000	31/12/2010
478318282	HIPPIQUE NV	3500	31/12/2010
478660950	RICHELIEU BVBA	0	31/12/2010
479202566	AVNINA GEMS BVBA	1000000	31/03/2011
479231072	A.T.GEMS INTERNATIONAL BVBA	-	31/12/2009
479736264	DIABRO BVBA	0	31/12/2010
506125115	BENYACAR RENÉ JOSÉ	-	-
506134716	CHAPON JULES	-	-
506136595	WOLFGANG ALBERT NOÉ	-	-
506138674	DEKKER MAX	-	-
506203705	JOS URLIK & ZONEN FV	-	-
506212712	MANNEKENS IRENE	-	-
506218551	LENS JEAN	-	-
506246166	SPITZMAN HENRI	-	-
506271704	STEEN HENRI	-	-
506393151	LANDAU JACQUES	-	-
506404138	BOGHOSSIAN JEAN	-	-
506415224	TCHERKEZIAN GEORGES	-	-
506416907	ZANDMER MARC LUCIEN	-	-
506418984	HIRSCHBERG MAXIME HENRI JOSÉ	-	-
506427003	MIRE EN STELLMAN	-	-
506427694	BROTMANN JAAK	-	-
506440562	JEGER GEORGE	-	-
506443631	FUHRER MARCEL	-	-
506446106	TABBOUCHE OVADIA ROBERT	-	-
506464714	APPEL LEVIA	-	-
506484312	MARTIN EDELSTEIN	-	-
507431546	CACCIOLA ROBERTO	-	-
507435407	GHESQUIÈRE GILBERTE IRIS	-	-
507450649	TRAU ARTHUR	-	-
507481333	BOGHOSSIAN GERARD LAURENT	-	-
507483907	REICHMANN HENRY	-	-
507488657	OKON DONALD	-	-
507493607	HEIREMANS JOZEF AUGUST	-	-
507546065	VAN MOPPES ARNOLD JACQUES	-	-
509318492	NAGNENSKY SYLVAIN	-	-
512810492	THORNE RICHARD	-	-
559037823	ABADJIAN OHANNES	-	-
808850633	D.A.H. DIAMONDS BVBA	0	31/12/2010
809582883	GERETTI DIAMONDS ANTWERP BVBA	0	31/12/2010
809646033	EXELCO BOTSWANA BVBA	0	31/12/2010
810189134	DORIS DIAMOND INTERNATIONAL GCV	-	-
810585943	FUTURE GEMS BVBA	0	30/09/2010
811814873	DEX BVBA	-	31/12/2009
823229991	ISTANBOULLI & SONS BVBA	0	31/12/2010
824075475	RATNAKAR BVBA	0	31/12/2010
825191569	PERCEPT DIAMONDS BVBA	0	31/12/2010
830513208	DIAMOND VAULT NV	0	-
833932556	DIAMOND COMPANY BVBA	0	-
833972049	KLP DIAMONDS BVBA	0	-
837520764	SUNRAYS BVBA	0	-
859722282	R. C. M. BVBA	0	31/12/2010
860189961	ROUGH COMPANY BVBA	-	-
861468975	EURODIAMONDS BVBA	0	30/06/2010
862484705	PODICKO DIAMONDS BVBA	0	31/12/2010
863211413	ADLER R. BVBA	3000	31/12/2010
864798154	D.P.DIAM BVBA	0	31/12/2010
864995223	DIAMAZ INTERNATIONAL NV	28500	31/12/2010
866050840	ANGOLEONE BVBA	0	31/12/2010
866077960	F.T.K . WORLDWIDE MFG BVBA	-	31/12/2009
869936679	F. MOUAWAD BVBA	-	31/12/2009
870077825	LA JOLLA TRADING NV	14500	31/12/2010
870927861	JA-DIAM BVBA	11000	31/12/2010
870950627	FAERBER DIAMOND BVBA	33000	31/12/2010
872381178	MY DEAR DIAMONDS BVBA	0	31/12/2010
872909136	MANNAT ENTERPRISE IN VEREFFENING BVBA	-	31/12/2009
876762313	SHRENUJ NV	4300000	31/03/2011
877584932	D. OKON BVBA	-	31/12/2009
880725653	ARCADIA DIAMONDS BVBA	0	31/12/2010
880934697	SHUBH JEWELS BVBA	0	31/12/2010
883900424	BELGIAN JEWELLERY MANUFACTURING BVBA	0	31/12/2010
884871909	TIME STAR BVBA	235000	31/12/2010
886017497	BC HOLDING NV	0	31/12/2010
888166939	LUMINAS BVBA	82000	31/12/2010
891846209	RSD BVBA	0	31/12/2010
893075337	EXELCO SOURCING BVBA	-	31/12/2009
894975250	S.R. DIAMOND BVBA	-	31/12/2009
895044239	POLIGEM EUROPE BVBA	0	31/12/2010
895792030	PAON BVBA	0	31/12/2010
896897929	LENNO & CO BVBA	0	31/12/2010
897156958	DIARAM BVBA	0	31/12/2010
897260589	DIAMANTICA BVBA	0	31/12/2010

Protested bills

Drawee name	-
Address	-
Bill amount	-
Bill currency	-
Maturity of bill	-
Name of drawer	-
City of drawer	-

NSSO details

Business number	475099466
Name of defendant	-
Legal form of defendant	-
Date of summons	-
Labour court	-

Bankruptcy details

There is no bankruptcy data against this company

court data

there is no data for this company

Current director details

Name	LUCAS LUDOVICUS FRANCISCUS VETS
Position	Non Statutory Partner
Street	10 JAN FRANS WILLEMSLAAN LIER
Post code	2500
Country	Belgium
Name	LUCAS LUDOVICUS FRANCISCUS VETS
Position	Principal Manager
Street	10 JAN FRANS WILLEMSLAAN LIER
Post code	2500
Country	Belgium

Former director details

Name	WIM RUYTHOOREN
Position	Director
Date of birth	13/02/1967
Street	138 AARSCHOTSEBAAN BERLAAR
Post code	2590
Country	Belgium
Name	DOMINICA MARCELLA EMIEL VETS
Position	Director
Street	20 SLUISLAAN LIER
Post code	2500
Country	Belgium

Name	LUCAS LUDOVICUS FRANCISCUS VETS
Position	Director
Street	10 JAN FRANS WILLEMSLAAN LIER
Post code	2500
Country	Belgium
Name	LUCAS LUDOVICUS FRANCISCUS VETS
Position	Chairman of the Board
Street	10 JAN FRANS WILLEMSLAAN LIER
Post code	2500
Country	Belgium

Name	LUCAS LUDOVICUS FRANCISCUS VETS
Position	Managing Director
Street	10 JAN FRANS WILLEMSLAAN LIER
Post code	2500
Country	Belgium

DIAMOND INDUSTRY – INDIA

- From time immemorial, India is well known in the world as the birthplace for diamonds.  It is difficult to trace the origin of diamonds but history says that in the remote past, diamonds were mined only in India. Diamond production in India can be traced back to almost 8^th Century B.C.  India, in fact, remained undisputed leader till 18^th Century when Brazilian fields were discovered in 1725 followed by emergence of S. Africa, Russia and Australia.

- The achievement of the Indian diamond industry was possible only due to combination of the manufacturing skills of the Indian workforce and the untiring and unflagging efforts of the Indian diamantaires, supported by progressive Government policies.

- The area of study of family owned diamond businesses derives its importance from the huge conglomerate of family run organizations which operate in the diamond industry since many generations.

- Some of the basic traits of family run business enterprises include spirit of entrepreneurship, mutual trust lowers transaction costs, small, nimble and quick to react, information as a source of advantage and philanthropy.

- Family owned diamond businesses need to improve on many fronts including higher standard of corporate governance, long-term performance – focused strategies, modern management and technology.

- The diamond jewellery industry in India today may be more than Rs 60000 mil and is rated amongst the fastest growing  in the world. Indi ranks third in the world in domestic diamond consumption.

- Utmost caution is to be exercised while dealing with some medium and large diamond traders which are usually engaged in fictitious import – export, inter-company transactions, financially assisted by banks. In the process, several public sector banks lost several hundred million rupees. They mostly diverted borrowed money for diamond business into real estate and capital markets.

- Excerpts from Times of India dated 30^th October 2010 is as under –

DIAMOND SAGA – DIRTY DOZEN STUCK WITH 2K CR DEBT

This could be the biggest credibility crisis the Indian diamond industry has ever faced. Fifteen banks run the risk of losing Rs 2000 crore lent to a dozen diamond firms in Surat. Until about two months ago, they had not repaid  these dues. Bankers believe many diamantaires borrowed money during the economic downturn two years ago and diverted funds to businesses like real estate and capital markets. Many of themselves made money from these businesses but their diamond companies have gone sick and declared insolvency.

- Most of the money borrowed from the banks in the name of their diamond business has been diverted in real estate and the share market. The banks are not in a position to seize their properties because in many cases, these were purchased in the name of their relatives and friends.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.23
UK Pound	1	Rs.81.55
Euro	1	Rs.69.60

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	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
----	NB	New Business	----

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.