MIRA INFORM REPORT

Report Date :

24.12.2011

IDENTIFICATION DETAILS

Name :	AXIOME

Registered Office :	36 Rue Aristide Briand, 60100 Creil

Country :	France

Financials (as on) :	31.12.2009

Date of Incorporation :	June 1999

Com. Reg. No.:	RCS Senlis B 423 102 433

Legal Form :	Simplified Joint Stock Company

Line of Business :	Wholesale business supplies and industrial equipment

No. of Employees :	9 persons

RATING & COMMENTS

MIRA’s Rating :

RATING		STATUS	PROPOSED CREDIT LINE
41-55	Ba	Overall operation is considered normal. Capable to meet normal commitments.	Satisfactory

Maximum Credit Limit :	110,000 €

Status :	Satisfactory

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)

France

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

REGISTERED NAME & COMPANY SUMMARY

	Name	AXIOME			SIRET	423 102 433 00020
	Activity (APE)		Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (4669B) (Wholesale business supplies and industrial equipment (4669B))	Legal form			Simplified joint stock company
	Phone		03 44 24 24 26	RCS Registration			RCS Senlis B 423 102 433
	Fax		03 44 24 24 28	Share capital			330,000 Euros
	Address		AXIOME 36 RUE ARISTIDE BRIAND 60100 CREIL	Incorporated Date			06/1999
	Nationality		France	Status			Economically active
Company details

	Activity (APE)	Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (4669B)
	RCS Registration	RCS Senlis B 423 102 433	Share capital	330,000 Euros
	Registration Court	Senlis (60)	Legal form	Simplified joint stock company
	Court Registry Number	99 B 00247	EU VAT Number	FR37423102433
	Incorporation Date	06/1999	Formation Date	04/1999
	Deregistration Date		Last account Date	31/12/2009
	Nationality	France
Establishment details

Activity (APE)	Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (4669B)	Business Pages FT®
Postal Address	AXIOME 36 RUE ARISTIDE BRIAND 60100 CREIL	Trading Address	36 RUE ARISTIDE BRIAND 60100 CREIL
Telephone	03 44 24 24 26
Fax	03 44 24 24 28

CREDIT RECOMENDATION

Current Credit Limit: 110,000 €

DIRECTORS/MANAGEMENT

Current Directors

directors

Name	M. DURIEU DU PRADEL ARNAUD
Manager position	Président	Date of birth	22/10/1961
Place of birth	PARIS 17
Type of manager	Individual	Name at birth of manager

Previous Directors

Vous pouvez consulter ici l'historique des dirigeants de l'entreprise.
Si vous souhaitez consulter l'historique d'un dirigeant, il vous suffit de cliquer sur le lien voir le détail pour y accéder.

Manager position

Title and name

Date of Birth/Place of Birth

NEGATIVE INFORMATION

judgements

Collective procedures

No judgment information for the company

Social security, pension funds preferential rights | Tax office preferential rights

Preferential rights details and history

Status of collection

This company is not under monitoring

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

Group data
This company is not identified as one of the biggest french chip.
Linkages
This company is not identified as one of the biggest french chip.

FINANCIAL INFORMATION

Trading to Date

12/31/2009

12/31/2008

12/31/2007

Turnover

4,561,195 €

8,601,609 €

5,527,894 €

Gross Operating Surplus

1,50 % Turnover

1,26 % Turnover

3,17 % Turnover

Net worth

388,185 €

386,458 €

319,610 €

Employees

6 to 9 employees

Accounts

Active Account | Passive Account | Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2009	31/12/2008	31/12/2007
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	20/09/2010	11/01/2010	-
Activity Code	4669B	4669B	4669B
Employees	0	7	7

Active account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	12 778	-37,2%	20 342	19,6%	17 011	27 818,50	-54,1%
- Intangible assets	0	0%	0	0%	0	0	0%
- Tangible assets	4 638	-49,7%	9 218	-39,0%	15 105	11 990,50	-61,3%
- Financial assets	8 140	-26,8%	11 124	483,6%	1 906	1 800	352,2%
Net current assets	1 874 882	-45,4%	3 436 907	143,9%	1 409 123	379 951	393,5%
- Stocks	10 401	222,1%	3 229	-98,5%	214 982	46 421	-77,6%
- Advanced payments	0	-45,4%	0	0%	300	0	0%
- Receivables	1 812 273	-46,8%	3 405 490	244,6%	988 187	187 326	867,4%
- Securities and cash	52 208	85,2%	28 188	-86,3%	205 653	56 898,50	-8,2%
- Prepaid expenses	-	-	-	-	-	214	-
Accounts of regularization	81 484	0%	0	0%	11 921	0	0%
Total Assets	1 969 148	-43,0%	3 457 250	140,4%	1 438 057	449 648	337,9%

Passive Account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Shareholders' equity	388 185	0,4%	386 458	20,9%	319 610	139 918	177,4%
Share capital	330 000	0%	330 000	614,3%	46 200	37 000	791,9%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	81 484	0%	0	0%	11 921	0	0%
Liabilities	1 499 474	-49,3%	2 960 197	167,5%	1 106 525	251 254	496,8%
- Financial liabilities	55 416	-91,3%	636 623	8373,6%	7 513	20 681	168,0%
- Advanced payments received	5 344	-53,0%	11 381	-52,7%	24 085	0	0%
- Trade account payables	1 324 908	-38,8%	2 163 643	127,2%	952 339	101 812	1201,3%
- Tax and social liabilities	106 343	-24,0%	139 838	30,7%	106 962	66 530	59,8%
- Other debts and fixed assets liabilities	7 463	-93,7%	119 303	663,6%	15 623	4 109,50	81,6%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	1 969 147	-43,0%	3 457 250	140,4%	1 438 057	449 648	337,9%

Results

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Sales of Goods	4 586 845	-46,8%	8 615 194	47,5%	5 840 968	777 692,50	489,8%
Net turnover	4 561 195	-47,0%	8 601 609	55,6%	5 527 894	764 756	496,4%
- of which net export turnover	4 541 026	-47,2%	8 598 906	55,6%	5 527 894	0	0%
Operating charges	4 590 757	-46,2%	8 528 612	47,9%	5 767 437	751 488,50	510,9%
Operating profit/loss	-3 912	-104,5%	86 582	17,8%	73 530	15 377	-125,4%
Financial income	28 205	13,6%	24 834	3,2%	24 075	306	9117,3%
Financial charges	43 446	-1,0%	43 885	52,1%	28 858	1 736,50	2401,9%
Financial profit/loss	-15 241	20,0%	-19 051	-298,4%	-4 782	-253	-5924,1%
Pretax net operating income	-19 153	-128,4%	67 531	-1,8%	68 748	14 106	-235,8%
Extraordinary income	44	-89,6%	423	21050,0%	02	280	-84,3%
Extraordinary charges	14 422	8693,9%	164	-84,0%	1 022	361	3895,0%
Extraordinary profit/loss	-14 378	566,4%	259	125,4%	-1 020	0	0%
Net result	1 726	-94,7%	32 529	-51,1%	66 508	12 696	-86,4%

Display parameter
Currency	Euro	Kilo Euro

	Normal Account		31/12/2009		31/12/2008		31/12/2007
	Months		12		12		12

Accounts - Active
Current Assets | Equalization accounts | Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Grand Total (I to VI)	Net	1 969 148	-43,0%	3 457 250	140,4%	1 438 057
Gross	CO	2 195 138	-40,5%	3 689 087	125,0%	1 639 872
Amortisation	1A	225 990	-2,5%	231 837	14,9%	201 815

Non declared distributed capital (I)

		31/12/2009		31/12/2008		31/12/2007
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	-	0

Active fixed asset (II)

		31/12/2009		31/12/2008		31/12/2007
Total Active fixed asset (II)	Net	12 778	-37,2%	20 342	19,6%	17 011
Gross	BJ	45 166	-22,9%	58 576	10,7%	52 932
Amortisation	BK	32 388	-15,3%	38 234	6,4%	35 920

Intangible fixed assets

			31/12/2009		31/12/2008		31/12/2007
	Start-up cost	Net	0	0%	0	0%	0
	Gross	AB	0	0%	0	0%	0
	Amortisation	AC	0	0%	0	0%	0
	R & D expenses	Net	0	0%	0	0%	0
	Gross	CX	0	0%	0	0%	0
	Amortisation	AE	0	0%	0	0%	0
	Distributorships, patents	Net	0	0%	0	0%	0
	Gross	AF	6 650	0%	6 650	0%	6 650
	Amortisation	AG	6 650	0%	6 650	0%	6 650
	Goodwill	Net	0	0%	0	0%	0
	Gross	AH	0	0%	0	0%	0
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	0	0%	0	0%	0
	Gross	AJ	0	0%	0	0%	0
	Amortisation	AK	0	0%	0	0%	0
	Pre-payments and downpayments	Net	0	0%	0	0%	0
	Gross	AL	0	0%	0	0%	0
	Amortisation	AM	0	0%	0	0%	0
Sub Total Intangible Assets		Net	0	0%	0	0%	0

Tangible fixed assets

		31/12/2009		31/12/2008		31/12/2007
Lands	Net	0	0%	0	0%	0
Gross	AN	0	0%	0	0%	0
Amortisation	AO	0	0%	0	0%	0
Buildings	Net	0	0%	0	0%	0
Gross	AP	0	0%	0	0%	0
Amortisation	AQ	0	0%	0	0%	0
Plant	Net	0	0%	0	0%	0
Gross	AR	0	0%	0	0%	0
Amortisation	AS	0	0%	0	0%	0
Other tangible fixed assets	Net	4 638	-49,7%	9 218	-39,0%	15 105
Gross	AT	30 376	0%	30 376	0%	30 376
Amortisation	AU	25 738	21,6%	21 158	38,6%	15 271
Fixed assets in construction	Net	0	0%	0	0%	0
Gross	AV	0	0%	0	0%	0
Amortisation	AW	0	0%	0	0%	0
Advances and payments on account	Net	0	0%	0	0%	0
Gross	AX	0	0%	0	0%	0
Amortisation	AY	0	0%	0	0%	0
Sub Total Tangible asset	Net	4 638		9 218		15 105

Financial assets

		31/12/2009		31/12/2008		31/12/2007
Associates at equity	Net	0	0%	0	0%	0
Gross	CS	0	0%	0	0%	0
Amortisation	CT	0	0%	0	0%	0
Other participations	Net	0	0%	3 574	0%	0
Gross	CU	0	0%	14 000	0%	14 000
Amortisation	CV	0	0%	10 426	-25,5%	14 000
Inter-company receivables	Net	0	0%	0	0%	0
Gross	BB	0	0%	0	0%	0
Amortisation	BC	0	0%	0	0%	0
Other investment securities	Net	0	0%	0	0%	0
Gross	BD	0	0%	0	0%	0
Amortisation	BE	0	0%	0	0%	0
Loans	Net	0	0%	0	0%	0
Gross	BF	0	0%	0	0%	0
Amortisation	BG	0		0		0
Other financial assets	Net	8 140	7,8%	7 550	296,1%	1 906
Gross	BH	8 140	7,8%	7 550	296,1%	1 906
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		8 140		11 124		1 906

Current Assets (III)

		31/12/2009		31/12/2008		31/12/2007
Total Assets	Net	1 874 882	-45,4%	3 436 907	143,9%	1 409 123
Gross	CJ	2 068 484	-43,0%	3 630 509	130,5%	1 575 018
Amortisation	CK	193 602	0%	193 602	16,7%	165 895

Stocks

		31/12/2009		31/12/2008		31/12/2007
Raw materials	Net	0	0%	0	0%	0
Gross	BL	0	0%	0	0%	0
Amortisation	BM	0	0%	0	0%	0
Work in progress (goods)	Net	0	0%	0	0%	0
Gross	BN	0	0%	0	0%	0
Amortisation	BO	0	0%	0	0%	0
Work in progress (services)	Net	0	0%	0	0%	0
Gross	BP	0	0%	0	0%	0
Amortisation	BQ	0	0%	0	0%	0
Semi-finished and finished products	Net	0	0%	0	0%	0
Gross	BR	0	0%	0	0%	0
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	10 401	222,1%	3 229	-98,5%	214 982
Gross	BT	56 513	14,5%	49 341	-80,9%	257 866
Amortisation	BU	46 112	0%	46 112	7,5%	42 884
Sub Total Stocks	Net	10 401	222,1%	3 229	-98,5%	214 982

Advance payments to suppliers

		31/12/2009		31/12/2008		31/12/2007
Advance payments to suppliers	Net	0	0%	0	0%	300
Gross	BV	0	0%	0	0%	300
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2009		31/12/2008		31/12/2007
Trade accounts receivable	Net	1 710 313	-49,5%	3 385 917	249,2%	969 692
Gross	BX	1 857 803	-47,4%	3 533 407	223,4%	1 092 703
Amortisation	BY	147 490	0%	147 490	19,9%	123 011
Other debtors	Net	93 599	424,0%	17 863	-2,2%	18 265
Gross	BZ	93 599	424,0%	17 863	-2,2%	18 265
Amortisation	CA	0	0%	0	0%	0
Capital subscribed and called up	Net	0	0%	0	0%	0
Gross	CB	0	0%	0	0%	0
Amortisation	CC	0	0%	0	0%	0
Sub Total Debtors	Net	1 803 912	-47,0%	3 403 780	244,5%	987 957

Divers

		31/12/2009		31/12/2008		31/12/2007
Investment securities	Net	0	0%	0	0%	0
Gross	CD	0	0%	0	0%	0
Amortisation	CE	0	0%	0	0%	0
Cash and cash equivalents	Net	52 208	85,2%	28 188	-86,3%	205 653
Gross	CF	52 208	85,2%	28 188	-86,3%	205 653
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	52 208	85,2%	28 188	-86,3%	205 653

Prepaid expenses

		31/12/2009		31/12/2008		31/12/2007
Prepaid expenses	Net	8 361	388,9%	1 710	643,5%	230
Gross	CH	8 361	388,9%	1 710	643,5%	230
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2009		31/12/2008		31/12/2007
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	-	-
Currency differential gain	CN3	81 484	0%	0	0%	11 921
Gross		81 484	0%	0	-	-

References

		31/12/2009		31/12/2008		31/12/2007
Due within one year	CP	0	0%	0	0%	0
Due after one year	CR	157 951	0%	0	0%	164 014

Display parameter
Currency	Euro	Kilo Euro

			31/12/2009		31/12/2008		31/12/2007
	Grand Total (I to V)	EE	1 969 147	-43,0%	3 457 250	140,4%	1 438 057

Shareholder Equity (I)

		31/12/2009		31/12/2008		31/12/2007
Total shareholders' equity (Total I)	DL	388 185	0,4%	386 458	20,9%	319 610
Equity and shareholders' equity	DA	330 000	0%	330 000	614,3%	46 200
Issue and merger premiums	DB	0	0%	0	0%	0
Revaluation differentials	DC	0	0%	0	0%	0
Of which equity differential	EK	0	0%	0	0%	0
Legal reserve	DD	4 620	0%	4 620	0%	4 620
Statutory or contractual reserve	DE	0	0%	0	0%	0
Special regulated reserves	DF	0	0%	0	0%	0
Of which special reserve of provisions for current fluctuation	B1	0	0%	0	0%	0
Other reserves	DG	51 839	168,5%	19 309	-90,7%	206 650
Of which reserve for buying originals works from alive artists	EJ	0		0	0%	0
Profits or losses brought forward	DH	0	0%	0	0%	-4 369
Profit or loss for the period	DI	1 726	-94,7%	32 529	-51,1%	66 508
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	0	0%	0

Other capital resources (II)

		31/12/2009		31/12/2008		31/12/2007
Total other capital resources (Total II)	DO	0	0%	0	0%	0
Income from participating securities	DM	0	0%	0	0%	0
Conditional loans	DN	0	0%	0	0%	0

Provisions for risks and charges (III)

		31/12/2009		31/12/2008		31/12/2007
Total provisions for risks and charges (Total III)	DR	81 484	0%	0	0%	11 921
Risk provisions	DP	81 484	0%	0	0%	11 921
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		31/12/2009		31/12/2008		31/12/2007
Total Liabilities (Total IV)	EC	1 499 474	-49,3%	2 960 197	167,5%	1 106 525
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	54 291	-91,4%	630 100	63546,5%	990
Sundry loans and financial liabilities	DV	1 125	-82,8%	6 523	0%	6 523
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	5 344	-53,0%	11 381	-52,7%	24 085
Trade accounts payables	DX	1 324 908	-38,8%	2 163 643	127,2%	952 339
Tax and social security liabilities	DY	106 343	-24,0%	139 838	30,7%	106 962
Fixed asset liabilities	DZ	0	0%	0	0%	0
Other debts	EA	7 463	-14,3%	8 712	-44,2%	15 623

Translation loss (V)

			31/12/2009		31/12/2008		31/12/2007
	Translation loss (Total V)	ED	0	0%	110 591	0%	0

Equalization accounts

			31/12/2009		31/12/2008		31/12/2007
	Deferred income	EB	0	0%	0	0%	0

References

		31/12/2009		31/12/2008		31/12/2007
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	1 494 132	0%	0	0%	1 082 439
Of which current bank facilities	EH	54 291	0%	0	0%	990

Display parameter
Currency	Euro	Kilo Euro

			31/12/2009		31/12/2008		31/12/2007
	Operating result (Total I-II)	GG	-3 912	-104,5%	86 582	17,8%	73 530

2 - Financial result (V - VI)

			31/12/2009		31/12/2008		31/12/2007
	Financial result (Total V-VI)	GV	-15 241	20,0%	-19 051	-298,4%	-4 782

3 - Pre-tax net operating income result (I - VI)

			31/12/2009		31/12/2008		31/12/2007
	Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	-19 153	-128,4%	67 531	-1,8%	68 748

4 - Extraordinary result (VII-VIII)

			31/12/2009		31/12/2008		31/12/2007
	Extraordinary result (Total VII-VIII)	HI	-14 378	-5651,4%	259	125,4%	-1 020

Profit or loss

			31/12/2009		31/12/2008		31/12/2007
	Profit or loss	HN	1 726	-94,7%	32 529	-51,1%	66 508

Total Income (I+III+V+VII)

			31/12/2009		31/12/2008		31/12/2007
	Total Income (I+III+V+VII)	HL	4 615 094	-46,6%	8 640 451	47,3%	5 865 046

Total charges (Total II+IV+VI+VIII+IX+X)

			31/12/2009		31/12/2008		31/12/2007
	Total charges (Total II+IV+VI+VIII+IX+X)	HM	4 613 368	-46,4%	8 607 918	48,4%	5 798 538

Operating income (I)

			31/12/2009		31/12/2008		31/12/2007
	Total operating income (Total I)	FR	4 586 845	-46,8%	8 615 194	47,5%	5 840 968

Operating income (details)

		31/12/2009		31/12/2008		31/12/2007
Sale of goods for resale	FC	4 488 805	-47,5%	8 548 959	57,7%	5 419 405
France	FA	1 085	-59,9%	2 703	0%	0
Export	FB	4 487 720	-47,5%	8 546 256	57,7%	5 419 405
Sale of goods produced	FF	0	0%	0	0%	0
France	FD	0	0%	0	0%	0
Export	FE	0	0%	0	0%	0
Sale of services	FI	72 390	37,5%	52 650	-51,5%	108 488
France	FG	19 084	0%	0	0%	0
Export	FH	53 306	1,2%	52 650	-51,5%	108 488
Net turnover	FL	4 561 195	-47,0%	8 601 609	55,6%	5 527 894
France	FJ	20 169	646,2%	2 703	0%	0
Export	FK	4 541 026	-47,2%	8 598 906	55,6%	5 527 894
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	941	-31,8%	1 380	0%	1 380
Release of reserves and provisions	FP	24 709	102,4%	12 205	-96,1%	311 694
Other income	FQ	0	0%	0	0%	0

Operating charges (II)

			31/12/2009		31/12/2008		31/12/2007
	Total operating charges (Total II)	GF	4 590 757	-46,2%	8 528 612	47,9%	5 767 437

Exploitation charges

		31/12/2009		31/12/2008		31/12/2007
Purchase of goods for resale	FS	3 900 157	-49,0%	7 643 739	55,7%	4 908 566
Change in stocks of goods for resale	FT	-7 172	-103,4%	208 525	231,0%	-159 146
Purchase of raw materials	FU	0	0%	0	0%	0
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	220 799	-1,6%	224 390	0,2%	223 925
Tax, duty and similar payments	FX	19 114	-9,2%	21 061	30,5%	16 133
Payroll	FY	254 237	-11,7%	287 819	8,5%	265 320
Social security costs	FZ	106 797	-2,5%	109 484	10,3%	99 243

Depreciation

		31/12/2009		31/12/2008		31/12/2007
Depreciation of fixed assets	GA	4 579	-22,2%	5 887	-6,8%	6 315
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	27 707	-67,8%	85 977
Provisions for risks and charges	GD	81 484	0%	0	0%	11 921

Other charges

			31/12/2009		31/12/2008		31/12/2007
	Other charges	GE	10 762	0%	0	0%	309 182

Operating charges (III-IV)

		31/12/2009		31/12/2008		31/12/2007
Share of joint-venture transferred to other partner(s) (Total III)	GH	0	0%	0	0%	0
Share of joint venture transferred from other partner(s) (Total IV)	GI	0	0%	0	0%	0

Financial income (V)

		31/12/2009		31/12/2008		31/12/2007
Total financial income (Total V)	GP	28 205	13,6%	24 834	3,2%	24 075
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	0
Other interest and similar income	GL	1 249	-85,7%	8 737	122,4%	3 928
Released provisions and transferred charges	GM	10 426	191,7%	3 574	0%	0
Exchange gains	GN	16 530	32,0%	12 523	-37,8%	20 146
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/12/2009		31/12/2008		31/12/2007
Total financial charge (Total VI)	GU	43 446	-1,0%	43 885	52,1%	28 858
Financial reserves and provisions	GQ	0	0%	0	0%	9 830
Interest and similar charges	GR	25 821	-11,8%	29 265	114,1%	13 667
Exchange losses	GS	17 625	20,6%	14 620	172,8%	5 360
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Financial Charge (VII)

		31/12/2009		31/12/2008		31/12/2007
Total extraordinary income (Total VII)	HD	44	-89,6%	423	21050,0%	02
Extraordinary operating income	HA	43	-89,8%	423	21050,0%	02
Extraordinary income from capital transactions	HB	0	0%	0	0%	0
Released provisions and transferred charges	HC	01	0%	0	0%	0

Extraordinary charges (VIII)

		31/12/2009		31/12/2008		31/12/2007
Total extraordinary charges (Total VIII)	HH	14 422	8693,9%	164	-84,0%	1 022
Extraordinary operating charges	HE	422	157,3%	164	-80,2%	828
Extraordinary charges from capital transactions	HF	14 000	0%	0	0%	194
Extraordinary reserves and provisions	HG	0	0%	0	0%	0

Employee profit sharing (IX)

			31/12/2009		31/12/2008		31/12/2007
	Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

			31/12/2009		31/12/2008		31/12/2007
	Tax on profits (Total X)	HK	-35 257	-200%	35 257	2792,3%	1 219

References

		31/12/2009		31/12/2008		31/12/2007
Of which equipment leases	HP	0	0%	0	0%	0
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	24 709	0%	0	0%	24 210
Of which trader's own contributions	A2	0	0%	0	0%	0
Of which royalties on licences and patents (income)	A3	0	0%	0	0%	0
Of which royalties on licences and patents (charges)	A4	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Other incomer tax return forms
Reserve for depreciation | Provisions included in balance sheet | State deadlines claims and debts at the end of period
Table allocation results and other information

Fixed Assets
Grand Total Fixed Assets (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	OG	0	0%	0	0%	53 737
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	2 095
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	14 000	0%	0	0%	2 899
Gross value at the end of period	OL	45 166	-22,9%	58 576	10,7%	52 932

Research and development Charge (Total I)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	CZ	0	0%	0	0%	0
Increasess due to revaluation	KB	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KC	0	0%	0	0%	0
Decreasess by budget item transfer	C01	0	0%	0	0%	0
Decreasess by transfers	C02	0	0%	0	0%	0
Gross value at the end of period	D0	0	0%	0	0%	0

Other budget item from Intangible fixed assets (Total II)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	KD	6 650	0%	6 650	0%	6 650
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	0
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	0	0%	0
Gross value at the end of period	LW	6 650	0%	6 650	0%	6 650

Tangible fixed assets (Total III)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	LN	30 375	0%	30 375	-2,6%	31 180
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	2 095
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	0	0%	0	0%	2 899
Gross value at the end of period	NH	30 375	0%	30 375	0,0%	30 376

Fiancial assets (Total IV)

		31/12/2009		31/12/2008		31/12/2007
Gross value at begin of period	LQ	21 550	35,5%	15 906	0%	15 906
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	590	-89,5%	5 643	0%	0
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	14 000	0%	0	0%	0
Gross value at the end of period	NK	8 140	-62,2%	21 549	35,5%	15 906

Reserve for depreciation
Situation and movement of reserve for depreciation
Grand total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	18 310
Increases		0P	0	0%	0	0%	6 315
Decreasess		0Q	0	0%	0	0%	2 705
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	21 920

Research and development charge (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	CY	0	0%	0	0%	0
Increases		PB	0	0%	0	0%	0
Decreasess		PC	0	0%	0	0%	0
	Decreasess by budget item transfer	PD	0	0%	0	0%	0

Other intangible assets (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	PE	6 650	0%	6 650	0%	6 650
Increases		PF	0	0%	0	0%	0
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	6 650	0%	6 650	0%	6 650

Total fixed assets amotisation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	QU	21 157	38,6%	15 270	31,0%	11 660
Increases		QV	4 579	-22,2%	5 887	-6,8%	6 315
Decreases		QW	0	0%	0	0%	2 705
	Decreasess by budget item transfer	QX	25 736	21,6%	21 158	38,6%	15 270

Movements during period affecting charge allocated over several period
Charges à répartir ou frais d'émission d'emprunt

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	Z91	0	0%	0	0%	0
Increases		Z92	0	0%	0	0%	0
Depreciation of fixed assets during period		Z9	0	0%	0	0%	0
	Decreasess by budget item transfer	B1	0	0%	0	0%	0

Premium refund of obligations

			31/12/2009		31/12/2008		31/12/2007
	Net value at begining of period	SP1	0	0%	0	0%	0
Increases		SP2	0	0%	0	0%	0
Depreciation of fixed assets during period		SP	0	0%	0	0%	0
	Net value at the end of period	SR	0	0%	0	0%	0

Provisions included in balance sheet
Grand Total (I-II-III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7C	204 028	6,4%	191 816	-48,4%	371 571
Increases		UB	81 484	194,1%	27 707	-74,3%	107 728
Decreases		UC	10 426	-32,7%	15 495	-94,6%	287 483
	Value at the end of period	UD	275 086	34,8%	204 028	6,4%	191 816

Includes Total allocations

Operating	UE	81 484	194,1%	27 707	-71,7%	97 898
Financial	UG	0	0%	0	0%	9 830
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	11 921	-95,9%	287 483
Financial	UH	10 426	191,7%	3 574	0%	0
Exceptional	UK	0	0%	0	0%	0

Total regulated provisions (Total I)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	3Z	0	0%	0	0%	0
Increases		TS	0	0%	0	0%	0
Decreases		TT	0	0%	0	0%	0
	Value at the end of period	TU	0	0%	0	0%	0

Total risk and charge provisions (Total II)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	5Z	0	0%	11 921	-94,4%	214 045
Increases		TV	81 484	0%	0	0%	11 921
Decreases		TW	0	0%	11 921	-94,4%	214 045
	Value at the end of period	TX	81 484	0%	0	0%	11 921

Total Provision for depreciation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7B	204 028	13,4%	179 895	14,2%	157 526
Increases		TY	0	0%	27 707	-71,1%	95 807
Decreases		TZ	10 426	191,7%	3 574	-95,1%	73 438
	Value at the end of period	UA	193 602	-5,1%	204 028	13,4%	179 895

State deadlines claims and debts at the end of period
State claims

		31/12/2009		31/12/2008		31/12/2007
Gross value	VT	1 967 905	-44,7%	3 560 531	219,9%	1 113 105
1 year at most	VU	1 801 813	-46,8%	3 388 967	257,8%	947 184
More than one year	VV	166 092	-3,2%	171 564	3,4%	165 921

State of loans

		31/12/2009		31/12/2008		31/12/2007
Claims related to holdings (gross)	UL	0	0%	0	0%	0
Claims related to shareholdings (1 year at most)	UM	0	0%	0	0%	0
Loans (gross)	UP	0	0%	0	0%	0
Loans (1 year at most)	UR	0	0%	0	0%	0
Other financial assets (gross)	UT	8 140	7,8%	7 550	296,1%	1 906
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2009		31/12/2008		31/12/2007
Customers doubtful or disputed	VA	157 951	-3,7%	164 014	0%	164 014
Other claims customer	UX	1 699 852	-49,6%	3 369 392	262,8%	928 689
Receivables represent Loaned Securities	UU	1 059	0%	0	0%	0
Provision for depreciation previously established	UQ	0	0%	0	0%	0
Personnel and associated accounts	UY	0	0%	0	0%	0
Social Security and other social organizations	UZ	70 514	0%	0	0%	2 089
Income taxes	VM	20 578	0%	0	0%	0
Value added tax	VB	0	0%	16 027	13,1%	14 175
Other taxes and payments assimilated	VN	0	0%	0	0%	0
State and other public - Miscellaneous	VP	0	0%	0	0%	0
Group and Associates	VC	0	0%	0	0%	0
Accounts receivable (including claims relating to the operation of pension titles)	VR	1 448	-21,1%	1 835	-8,2%	2 000

Prepaid

			31/12/2009		31/12/2008		31/12/2007
	Prepaid	VS	8 361	388,9%	1 710	643,5%	230

State Debt

			31/12/2009		31/12/2008		31/12/2007
	Total debt (gross)	VY	1 494 132	-49,3%	2 948 817	172,4%	1 082 439
1 year at most		VZ2	1 494 132	-49,3%	2 948 817	172,4%	1 082 439
More than 1 year and 5 years at most		VZ3	0	0%	0	0%	0
More than 5 years		VZ4	0	0%	0	0%	0

Details

			31/12/2009		31/12/2008		31/12/2007
	Convertible bonds (gross)	7Y1	0	0%	0	0%	0
1 year at most		7Y2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Y3	0	0%	0	0%	0
	Other bonds (gross)	7Z1	0	0%	0	0%	0
1 year at most		7Z2	0	0%	0	0%	0
More than 1 year and 5 years at most		7Z3	0	0%	0	0%	0
	Borrowing & debts to 1 year maximum at the origin (gross)	VG1	54 291	-91,4%	630 100	63546,5%	990
1 year at most		VG2	54 291	-91,4%	630 100	63546,5%	990
More than 1 year and 5 years at most		VG3	0	0%	0	0%	0
	Borrowing & debts to more than 1 year at the origin (gross)	VH1	0	0%	0	0%	0
1 year at most		VH2	0	0%	0	0%	0
More than 1 year and 5 years at most		VH3	0	0%	0	0%	0
	Loans and various financial liabilities (gross)	8A1	0	0%	0	0%	0
1 year at most		8A2	0	0%	0	0%	0
More than 1 year and 5 years at most		8A3	0	0%	0	0%	0
	Suppliers and associated accounts (gross)	8B1	1 324 908	-38,8%	2 163 643	127,2%	952 339
1 year at most		8B2	1 324 908	-38,8%	2 163 643	127,2%	952 339
More than 1 year and 5 years at most		8B3	1 324 908	-38,8%	2 163 643	0%	0
	Personnel and associated accounts (gross)	8C1	34 089	-0,1%	34 132	-16,8%	41 013
1 year at most		8C2	34 089	-0,1%	34 132	-16,8%	41 013
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	63 949	12,6%	56 775	4,5%	54 331
1 year at most		8D2	63 949	12,6%	56 775	4,5%	54 331
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	35 257	2792,3%	1 219
1 year at most		8E2	0	0%	35 257	2792,3%	1 219
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	1 029	0%	0	0%	0
1 year at most		VW2	1 029	0%	0	0%	0
More than 1 year and 5 years at most		VW3	0	0%	0	0%	0
	Backed Obligations (gross)	VX1	0	0%	0	0%	0
1 year at most		VX2	0	0%	0	0%	0
More than 1 year and 5 years at most		VX3	0	0%	0	0%	0
	Other taxes and assimilated (gross)	VQ1	7 276	-46,8%	13 674	31,5%	10 398
1 year at most		VQ2	7 276	-46,8%	13 674	31,5%	10 398
More than 1 year and 5 years at most		VQ3	0	0%	0	0%	0
	Assets and liabilities associated accounts (gross)	8J1	0	0%	0	0%	0
1 year at most		8J2	0	0%	0	0%	0
More than 1 year and 5 years at most		8J3	0	0%	0	0%	0
More than 5 years		8J4	0	0%	0	0%	0
	Groups and associates (gross)	VI1	1 125	-82,8%	6 523	0%	6 523
1 year at most		VI2	1 125	-82,8%	6 523	0%	6 523
More than 1 year and 5 years at most		VI3	0	0%	0	0%	0
More 5 years		VI4	0	0%	0	0%	0
	Other liabilities (gross)	8K1	7 463	-14,3%	8 712	-44,2%	15 623
1 year at most		8K2	7 463	-14,3%	8 712	-44,2%	15 623
More than 1 year and 5 years at most		8K3	0	0%	0	0%	0
	Debt representative of borrowed securities (gross)	SZ1	0	0%	0	0%	0
1 year at most		SZ2	0	0%	0	0%	0
More than 1 year and 5 years at most		SZ3	0	0%	0	0%	0
	Products in advance (gross)	8L1	0	0%	0	0%	0
1 year at most		8L2	0	0%	0	0%	0
More than 1 year and 5 years at most		8L3	0	0%	0	0%	0

References

		31/12/2009		31/12/2008		31/12/2007
Loans made during the period	VJ	0	0%	0	0%	0
Debt repaid during the period	VK	0	0%	0	0%	0

Table allocation results and other information
Dividends distributed

			31/12/2009		31/12/2008		31/12/2007
	Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2009		31/12/2008		31/12/2007
Commitments leasing furniture	YQ	0	0%	0	0%	0
Commitments Real Estate Leasing	YR	0	0%	0	0%	0
Effects brought to the discount and unmatured	YS	0	0%	0	0%	0

Other charges Externes

		31/12/2009		31/12/2008		31/12/2007
Subcontracting	YT	0	0%	0	0%	0
Rentals, rental charges and condominiums	XQ	0	0%	0	0%	0
Staff outside the company	YU	0	0%	0	0%	0
Remuneration intermediaries and fees (excluding fees)	SS	0	0%	0	0%	0
Fees, commissions and brokerage	YV	0	0%	0	0%	0
Other accounts	ST	0	0%	0	0%	0
Total Other purchases and external	ZJ	0	0%	0	0%	0

Taxes and Fees

		31/12/2009		31/12/2008		31/12/2007
Business tax	YW	0	0%	0	0%	0
Other taxes and payments assimilated	9Z	0	0%	0	0%	0
Total taxes and fees	YX	0	0%	0	0%	0

VAT

		31/12/2009		31/12/2008		31/12/2007
Amount VAT collected	YY	0	0%	0	0%	0
Total VAT on goods and services	YZ	0	0%	0	0%	0

Average number of employees

			31/12/2009		31/12/2008		31/12/2007
	Average number of employees	YP	0	0%	07	0%	07

Groups and Shareholders

			31/12/2009		31/12/2008		31/12/2007
	Groups and Shareholders	ZR	0	-	0	-	-

Display parameter
Comparison mode	Average	Median

Ratios
Structure and liquidity | Management or rotation | Profitability of the business | Return on capital

Structure and Liquidity

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Fixed Asset Financing	11,14	-38,5%	18,12	156,3%	7,07	3,11	258,2%
Global Debt	118 days	-4,8%	124 days	72,2%	72 days	108 days	9,3%
Working Capital Fund overall net	36 days	-14,3%	42 days	100%	21 days	74 days	-51,4%
Financial independence	715,01%	1065,8%	61,33%	-99,8%	32283,84%	746,03%	-4,2%
More ratios
Solvability	19,71%	76,3%	11,18%	-49,7%	22,23%	38,49%	-48,8%
Capacity debt futures	715,01%	1065,8%	61,33%	-99,8%	32283,84%	2000,99%	-64,3%
Coverage of current assets by net working capital overall	22,23%	-19,5%	27,63%	35,5%	20,39%	43,90%	-49,4%
General Liquidity	1,21	5,2%	1,15	30,7%	0,88	0,85	42,4%
Restricted Liquidity	1,24	6,9%	1,16	8,4%	1,07	1,25	-0,8%

Management or rotation

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Need background in operating working capital	29 days	-35,6%	45 days	542,9%	7 days	34 days	-14,7%
Treasury	0 days	0%	1 days	-92,3%	13 days	18 days	0%
Inventory turnover of goods	5 days	150,0%	2 days	-90,0%	20 days	54 days	-90,7%
Average length of credit granted to customers	147 days	-0,7%	148 days	108,5%	71 days	71 days	107,0%
Average length of credit obtained suppliers	116 days	20,8%	96 days	39,1%	69 days	64 days	81,2%
More ratios
Inventory turnover of raw materials in industrial enterprises	0 days	0%	0 days	0%	0 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	1205 days	-
Rotation tangible assets	15016,28%	-47,0%	28318,05%	55,6%	18198,23%	1556%	865,1%

Profitability of the business

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Margin trading	13,06%	61,2%	8,10%	-33,2%	12,12	27,15%	-51,9%
Profitability of the business	1,50	19,0%	1,26	-60,3%	3,17	3,57%	-58,0%
Net profit	0,04%	-89,5%	0,38%	-68,3%	1,20%	1,97%	-98,0%
More ratios
Growth rate of turnover (excluding VAT)	-46,97%	-184,5%	55,60%	484,0%	9,52%	-9,41%	-399,1%
Rates integration	9,81%	60,8%	6,10%	-39,2%	10,03%	24,90%	-60,6%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	80,69%	6,6%	75,68%	15,1%	65,74%	74,83%	7,8%
Weight interests	0,95	86,3%	0,51%	-1,9%	0,52%	0,24%	295,8%

Return on capital

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Cash flow from the overall profitability	0,22%	-18,5%	0,27%	107,3%	-3,70%	2,71%	-91,9%
Rates of economic profitability	15%	36,4%	11%	-79,6%	54%	14%	7,1%
Financial profitability	388185%	0,4%	386458%	20,9%	319610%	125965%	208,2%
Return on investment	10,18%	36,3%	7,47%	-74,4%	29,15%	10,26%	-0,8%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Turnover	4 561 195	-47,0%	8 601 609	55,6%	5 527 894	764 756 €	496,4%

Sales of goods	4 488 805	-47,5%	8 548 959	57,7%	5 419 405
- Purchase of goods	3 900 157	-49,0%	7 643 739	55,7%	4 908 566
+/- Stock of goods variation	-7 172	-103,4%	208 525	231,0%	-159 146
Trading margin	595 820 €	-14,5%	696 695 €	4,0%	669 985 €	164 650,50 €	261,9%
	13,06 % CA	61,2%	8,10 % CA	-33,2%	12,12 % CA	27,86 % CA	-53,1%

Sale of goods produced	72 390	37,5%	52 650	-51,5%	108 488
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	72 390 €	37,5%	52 650 €	-51,5%	108 488 €	63 790 €	13,5%
	1,59 % CA	160,7%	0,61 % CA	-68,9%	1,96 % CA	9,68 % CA	-83,6%

Trading margin	595 820	-14,5%	696 695	4,0%	669 985	164 650,50	261,9%
+ Period Production	72 390	37,5%	52 650	-51,5%	108 488	63 790	13,5%
- Purchase of raw materials	0	0%	0	0%	0
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	220 799	-1,6%	224 390	0,2%	223 925
Added value	447 411 €	-14,8%	524 955 €	-5,3%	554 548 €	194 414,50 €	130,1%
	9,81 % CA	60,8%	6,10 % CA	-39,2%	10,03 % CA	24,88 % CA	-60,6%

Added value	447 411 €	-14,8%	524 955 €	-5,3%	554 548 €	194 414,50 €	130,1%
+ Operating grants	941	-31,8%	1 380	0%	1 380
- Tax, duty and similar payments	19 114	-9,2%	21 061	30,5%	16 133
- Personal charges	361 034	-9,1%	397 303	9,0%	364 563
Gross operating surplus	68 204 €	-36,8%	107 971 €	-38,4%	175 232 €	20 994 €	224,9%
	1,50 % CA	19,0%	1,26 % CA	-60,3%	3,17 % CA	3,55 % CA	-57,7%

Gross operating surplus	68 204 €	-36,8%	107 971 €	-38,4%	175 232 €	20 994 €	224,9%
+ Release of reserves and provisions	24 709	102,4%	12 205	-96,1%	311 694
+ Other operating income	0	0%	0	0%	0
- Depreciation/Amortisation	86 063	156,2%	33 594	-67,8%	104 213
- Other charges	10 762	0%	0	0%	309 182
Operating result	-3 912 €	-104,5%	86 582 €	17,7%	73 531 €	15 294 €	-125,6%
	1,50 % CA	19,0%	1,26 % CA	-60,3%	3,17 % CA	3,39 % CA	-55,8%

Operating result	-3 912 €	-104,5%	86 582 €	17,7%	73 531 €	15 294 €	-125,6%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	28 205	13,6%	24 834	3,2%	24 075
- Financial charges	43 446	-1,0%	43 885	52,1%	28 858
Pre-tax result	-19 153 €	-128,4%	67 531 €	-1,8%	68 748 €	13 984,50 €	-237,0%
	-0,42 % CA	-153,2%	0,79 % CA	-36,3%	1,24 % CA	2,42 % CA	-117,4%

Extraordinary income	44	-89,6%	423	21050,0%	02	280	-84,3%
- Extraordinary charges	14 422	8693,9%	164	-84,0%	1 022
Extraordinary result	-14 378 €	-5651,4%	259 €	125,4%	-1 020 €	0 €	0%
	-0,32 % CA	0%	0,00 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	-19 153 €	-128,4%	67 531 €	-1,8%	68 748 €	13 984,50 €	-237,0%
Extraordinary result	-14 378 €	-5651,4%	259 €	125,4%	-1 020 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	-35 257	-200%	35 257	2792,3%	1 219
Net result	1 726 €	-94,7%	32 533 €	-51,1%	66 509 €	12 577 €	-86,3%
	0,04 % CA	-89,5%	0,38 % CA	-68,3%	1,20 % CA	1,95 % CA	-97,9%

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

Type	Head office (one site company)	Status	Economically active
Formation Date	07/2000	Reason for formation	Other
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature	-	Activity Location	Other
Location surface		Seasonality

Department	Oise (60)	Region	Picardie
District	4	Area	98
City	CREIL	Size of urban area

Other establishments

	Branches	1 branch entities in this company


	Head office	> AXIOME <<< - Commerce de gros (commerce interentreprises) de fournitures et équipements industriels divers (4669B) in CREIL (60100)

	Secondary establishments

	Regionality	Legal unit with all establishments in same area

	Mono-activity status	Legal unit having all establishments with the same main activity

Workforces
	Workforce at address	6 to 9 employees	Company workforce	6 to 9 employees

Commentary

The comments are arranged in decreasing order of importance
	The company is less than 15 years old
	The latest figures are too old
	The net result is negative on the period : -3 912 €
	The company has a share capital of 330 000 €, which is excellent
	Tangible fixed assets are up to 4 638 €
	The company is in financial debt of 55 416 €
	The financial result is negative on the period : -15 241 €
	The company has an activity with no specific increased risk

Event History

Status history

Date	Description
No Status History

Recent publications in Gazettes

Publication date	Gazette Name	Description
15/11/2011	Bodacc C	Comptes annuels et rapports

60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE COMPIÈGNE 7060 - 423102433 RCS. AXIOME. Forme : Société par actions simplifiée. Adresse : 36 rue Aristide Briand 60100 Creil. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
12/10/2010	Bodacc C	Comptes annuels et rapports

60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE COMPIÈGNE 7620 - 423102433 RCS. AXIOME. Forme : Société par actions simplifiée. Adresse : 36 rue Aristide Briand 60100 Creil. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
19/02/2010	Bodacc C	Comptes annuels et rapports

60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE COMPIEGNE 4806 - 423102433 RCS. AXIOME. Forme : Société par actions simplifiée. Adresse : 36 rue Aristide Briand 60100 Creil. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
29/08/2008	Bodacc C	Comptes annuels et rapports

60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE SENLIS 4797 - 423102433 RCS. AXIOME. Forme : Société par actions simplifiée. Adresse : 36 rue Aristide Briand 60100 Creil. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
30/06/2008	Bodacc B	Modification et mutation diverse

60 - OISE GREFFE DU TRIBUNAL DE COMMERCE DE SENLIS 1223 - 423 102 433 RCS Senlis. AXIOME. Forme : Société par actions simplifiée. Administration : Président de la société : DURIEU DU PRADEL ArnaudCommissaire aux comptes titulaire : FIDORG AUDIT. Commissaire aux comptes suppléant : LEROUX Manuel. Capital : 330000 EUR. Activité : Achat, vente, gestion et administration de tous biens, prestations de services, conseils. Adresse de l’établissement principal : 36 rue Aristide Briand, 60100 Creil. Adresse du siège social : 36 rue Aristide Briand, 60100 Creil. Commentaires : Augmentation de capital. Date de commencement de l’activité : 15/04/1999. Date d’effet : 20/05/2008.
18/10/2007	Bodacc C	Avis de dépôt des comptes

5611 - 423 102 433. RCS Senlis AXIOME. Forme: Société par actions simplifiée. Adresse du siège social: 36 rue Aristide Briand 60100 Creil. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
07/10/2007	Bodacc B	Modifications et mutations diverses

1936 - RCS Senlis B 423 102 433. RC 99-B 247. AXIOME. Forme : S.A.S. Capital : 46 200 euros. Adresse du siège social : 36 rue Aristide-Briand,, 60100 Administration : président : DURIEU DU PRADEL (Arnaud). Commissaire aux comptes titulaire : FIDORG AUDIT. Commissaire aux comptes suppléant : LEROUX (Manuel). Ancienne administration : ancien commissaire aux comptes titulaire : MARETTE (Marc). Ancien commissaire aux comptes suppléant : STE FIDORG WINDSOR. Etablissement principal - Activité : achat, vente, gestion et administration de tous biens, prestations de services et conseil. Adresse : 36 rue Aristide-Briand, 60100 Date d'effet : 29 juin 2007.
21/09/2006	Bodacc C	Avis de dépôt des comptes

2147 - RCS Senlis B 423 102 433. RC 99-B 247. AXIOME. Forme: SAS . Adresse du siège social: 36, rue Aristide Briand,60100 Creil. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
18/08/2005	Bodacc C	Avis de dépôt des comptes

2935 - RCS Senlis B 423 102 433. RC 99-B 247. AXIOME. Forme: SAS . Adresse du siège social: 36, rue Aristide Briand,60100 Creil. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.
21/06/2001	Bodacc B	Modifications et mutations diverses

Ancienne situation du siège social. RCS Senlis B 423102433 RC 99-B 247 AXIOME. Forme : S.A.R.L. Capital : 7 700 euros. Adresse : 36 rue Aristide-Briand, 60100 Creil Nouvelle situation du siège social. Forme : S.A.S. Capital : 46 200 euros Etablissement principal: Activité : achat, vente, gestion et administration de tous biens, prestations de services et conseil. Adresse : 36 rue Aristide- Briand, 60100 Creil. Date d'effet : 1 e r avril 2001.
10/12/2000	Bodacc B	Modifications et mutations diverses

Ancienne situation du siège social. RCS Senlis B 423102433 RC 99-B 247 AXIOME. Forme : S.A.R.L. Capital : 7 700 euros. Adresse : 2 rue des Veterans, 60300 Senlis Nouvelle situation du siège social. Adresse : 36 rue Aristide-Briand, 60100 Creil Etablissement principal: Activité : achat, vente, gestion et administration de tous biens, prestations de services et conseil. Adresse : 36 rue Aristide-Briand, 60100 Creil. Date d'effet : 1er juillet 2000.
25/06/1999	Bodacc A	Création d'établissement

RCS Senlis B 423102433 A dater du: 4 juin 1999 RC 99-B 247 AXIOME. Forme : S.A. R.L. Capital : 7 700 euros. Adresse du siège social : 2, rue des Vétérans 60300 Senlis. Administration : gérant : DURIEU DU PRADEL (Arnaud) Etablissement principal: Activité : achat, vente, gestion et administration de tous biens, prestations de services, conseils. Adresse : 2, rue des Vétérans 60300 Senlis Cette société se constitue Date de début d'activité: 15 avril 1999.

Company Events History

Date	Description
15/11/2011	Bodacc C : Deposit accounts notice
12/10/2010	Bodacc C : Deposit accounts notice
19/02/2010	Bodacc C : Deposit accounts notice
31/12/2009	New accounts available
31/12/2008	New accounts available
29/08/2008	Bodacc C : Deposit accounts notice
11/07/2008	Modification of Company Activity
11/07/2008	Update of Company Activity
30/06/2008	New Bodacc B ads detected
30/06/2008	Bodacc B: Various editing or changing
18/06/2008	Private document
18/06/2008	Capital increase
18/06/2008	Updated articles of association
18/06/2008	Minutes of general meeting of shareholders
20/05/2008	Other modification of Establishment
31/12/2007	New accounts available
05/09/2007	Minutes of general meeting of shareholders
05/09/2007	Appointment/resignation of company officers
05/09/2007	Private document
05/09/2007	New auditor
31/12/2006	New accounts available
31/12/2005	New accounts available
31/12/2004	New accounts available
31/12/2003	New accounts available
06/06/2001	Rapport des Commissaires ou du Gérant
06/06/2001	PV d'Assemblée
06/06/2001	Statuts mis à jour
06/06/2001	Changement de Forme Juridique sans changement de catégorie
06/06/2001	Augmentation de Capital
06/06/2001	Acte sous seing privé
06/06/2001	Nomination/démission des organes de gestion
22/11/2000	Acte sous seing privé
22/11/2000	Transfert du Siège dans le ressort du Tribunal de Commerce
22/11/2000	PV d'Assemblée
22/11/2000	Statuts mis à jour
02/02/2000	Acte sous seing privé
02/02/2000	Cession de parts
04/06/1999	Formation de Société
04/06/1999	Expédition acte notarié
04/06/1999	Statuts

Establishment Events History

Date	Description
20/10/2011	Update Rating
20/10/2011	Update Limit
12/08/2011	Update Rating
07/05/2011	Update Rating
23/09/2010	Update Rating
13/01/2010	Update Rating
13/01/2010	Update Limit
02/01/2010	Update Limit
01/01/2010	Update Rating
06/09/2009	Update Limit
05/09/2009	Update Rating
27/08/2008	Update Rating
18/08/2008	Update Limit
11/07/2008	Modification of Head office Activity
11/07/2008	Update of Establishment Activity
20/05/2008	Modification of Head office
16/12/2007	Update Limit
10/12/2007	Update Limit
28/08/2007	Update Limit
28/08/2007	Update Rating

NOTES & COMMENTS

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.52.72
UK Pound	1	Rs.82.71
Euro	1	Rs.68.90

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.

REGISTERED NAME & COMPANY SUMMARY

CREDIT RECOMENDATION

DIRECTORS/MANAGEMENT

NEGATIVE INFORMATION

SHARE & SHARE CAPITAL INFORMATION

PAYMENT INFORMATION

GROUP STRUCTURE & AFFILIATED COMPANIES

FINANCIAL INFORMATION

FOREIGN EXCHANGE RATES

ADDITIONAL INFORMATION

NOTES & COMMENTS

Unit