MIRA INFORM REPORT

Report Date :

27.01.2012

IDENTIFICATION DETAILS

Name :	JL 26
Registered Office :	Buropole Bat B 2 Av Elsa Triolet 13008 Marseille 8
Country :	France
Financials (as on) :	31.12.2009
Year of Establishment :	July 2004
Com. Reg. No.:	RCS Marseille 0 477 884 969
Legal Form :	Limited Liability Company
Line of Business :	Wholesale (business to business) clothing and footwear
No. of Employees :	10 to 19 employees

RATING & COMMENTS

MIRA’s Rating :

B

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

Maximum Credit Limit :	50,000 €
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, 2011

Country Name	Previous Rating (30.06.2011)	Current Rating (30.09.2011)
France	A1	A1

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

company summary

Top of Form

Name

JL 26

SIRET

477 884 969 00031

Activity (APE)	Wholesale (business to business) clothing and footwear (4642Z)	Legal form	Limited Liability Company
Phone	04 91 30 89 58	RCS Registration	RCS Marseille 0 477 884 969
Fax		Share capital	201,000 Euros
Address	JL 26 BUROPOLE BAT B 2 AV ELSA TRIOLET 13008 MARSEILLE 8	Incorporated Date	07/2004
Nationality	France	Status	Economically active

Todays Limit [€]

50,000 €

Last published preferential right

No social security and tax office preferential right to date

Current Directors

1

Trading to Date	12/31/2009	12/31/2008	12/31/2007
Turnover	4,715,999 €	4,007,674 €	4,107,187 €
Gross Operating Surplus	8,14 % Turnover	13,44 % Turnover	23,09 % Turnover
Net worth	1,737,274 €	1,340,776 €	846,153 €
Employees	10 to 19 employees	-	-

Trends
Profitability
Liquidity
Net worth

company details

Company details

Activity (APE)	Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z)	Activity (APRM)	Fabrication d'autres vêtements et accessoires.
RCS Registration	RCS Marseille 0 477 884 969	Share capital	201,000 Euros
Registration Court	Marseille (13)	Legal form	Limited Liability Company
Court Registry Number	20 0 4B022	EU VAT Number	FR60477884969
Incorporation Date	07/2004	Formation Date	07/2004
Deregistration Date		Last account Date	31/12/2009
Nationality	France

Establishment details

Activity (APE)	Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z)	Business Pages FT®
Postal Address	JL 26 BUROPOLE BAT B 2 AV ELSA TRIOLET 13008 MARSEILLE 8	Trading Address	2 AVENUE ELSA TRIOLET 13008 MARSEILLE 8
Telephone	04 91 30 89 58
Fax

Type	Head office	Status	Economically active
Formation Date	08/2010	Reason for formation	Formation
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department		Region	Côte d'Azur
District		Area
City	MARSEILLE 8	Size of urban area

Other establishments

Branches	1 branch entities in this company
Head office	> JL 26 <<<  - Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z)  in MARSEILLE 8  (13008)
Secondary establishments	>  JL 26  - Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z)  in MARSEILLE 8  (13008) >  JL 26  - Commerce de gros (commerce interentreprises) d'habillement et de chaussures (4642Z)  in MARSEILLE 8  (13008)

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

10 to 19 employees

Company workforce

10 to 19 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	30/09/2010	12/04/2010	-
Activity Code	4642Z	4642Z	4642Z
Employees	0	0	0

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	595 163	0,4%	592 884	778,4%	67 494	39 428	1409,5%
- Intangible assets	1 398	50,3%	930	-79,7%	4 581	4 294	-67,4%
- Tangible assets	60 165	-23,7%	78 855	70,4%	46 288	5 871	924,8%
- Financial assets	533 600	4,0%	513 099	2986,3%	16 625	5 217	10128,1%
Net current assets	3 103 212	47,1%	2 108 926	13,7%	1 854 732	202 268	1434,2%
- Stocks	309 372	-40,9%	523 138	36,0%	384 592	47 753	547,9%
- Advanced payments	2 168 741	47,1%	0	0%	0	0	0%
- Receivables	366 633	-74,5%	1 435 285	216,4%	453 572	60 097	510,1%
- Securities and cash	258 466	71,7%	150 503	-85,2%	1 016 568	30 549	746,1%
- Prepaid expenses	-	-	-	-	-	69	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	3 698 373	36,9%	2 701 810	40,6%	1 922 226	278 162	1229,6%

Passive Account

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Shareholders' equity	1 737 274	29,6%	1 340 776	58,5%	846 153	51 955	3243,8%
Share capital	201 000	0%	201 000	0%	201 000	8 000	2412,5%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	225 000	-40,0%	375 000	-49,7%	745 000	0	0%
Liabilities	1 736 100	76,1%	986 033	197,8%	331 074	187 241	827,2%
- Financial liabilities	717 100	7,9%	664 613	6422,2%	10 190	14 000	5022,1%
- Advanced payments received	0	0%	0	0%	0	0	0%
- Trade account payables	295 379	139,0%	123 564	23,2%	100 322	61 496	380,3%
- Tax and social liabilities	315 933	67,8%	188 298	-6,2%	200 785	45 936,50	587,8%
- Other debts and fixed assets liabilities	407 688	4165,4%	9 558	-51,7%	19 777	9 476	4202,3%
Account regularization	0	0%	0	0%	0	0	0%
Total liabilities	3 698 374	36,9%	2 701 810	40,6%	1 922 226	278 162	1229,6%

Results

Annual Accounts	31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Sales of Goods	5 030 679	13,4%	4 436 232	7,5%	4 127 294	439 133	1045,6%
Net turnover	4 715 999	17,7%	4 007 674	-2,4%	4 107 187	429 306	998,5%
- of which net export turnover	459 470	-10,8%	514 843	705,2%	63 941	4 071	11186,4%
Operating charges	4 374 247	21,9%	3 587 243	6,1%	3 380 225	438 518	897,5%
Operating profit/loss	656 432	-22,7%	848 989	13,6%	747 069	6 684	9720,9%
Financial income	24 108	-51,1%	49 298	25,7%	39 214	07	344300%
Financial charges	95 398	-42,5%	166 001	272,5%	44 559	921	10258,1%
Financial profit/loss	-71 290	38,9%	-116 703	-2083,4%	-5 345	-194	-36647,4%
Pretax net operating income	585 142	-20,1%	732 286	-1,3%	741 724	5 215	11120,4%
Extraordinary income	0	0%	0	0%	0	14	0%
Extraordinary charges	61	-89,4%	573	718,6%	70	269	-77,3%
Extraordinary profit/loss	-61	69296,9%	-573	-718,6%	-70	0	0%
Net result	396 498	-19,8%	494 623	-1,4%	501 401	5 725	6825,7%

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	3 698 373	36,9%	2 701 810	40,6%	1 922 226
	Gross	CO	3 748 001	32,6%	2 825 544	46,3%	1 931 643
	Amortisation	1A	49 628	-59,9%	123 734	1213,9%	9 417

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	595 163	0,4%	592 884	778,4%	67 494
	Gross	BJ	644 789	3,9%	620 538	706,8%	76 911
	Amortisation	BK	49 626	79,5%	27 654	193,7%	9 417

Intangilble 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	1 398	50,3%	930	-79,7%	4 581
	Gross	AF	9 232	31,9%	7 000	0%	7 000
	Amortisation	AG	7 834	29,1%	6 070	150,9%	2 419
	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	1 398	50,3%	930	-79,7%	4 581

Tangilble 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	1 129	-31,0%	1 637	-23,7%	2 145
	Gross	AR	2 541	0%	2 541	0%	2 541
	Amortisation	AS	1 412	56,2%	904	128,3%	396
	Other tangible fixed assets	Net	59 036	-23,5%	77 218	74,9%	44 143
	Gross	AT	99 416	1,6%	97 898	92,9%	50 745
	Amortisation	AU	40 380	95,3%	20 680	213,2%	6 602
	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	60 165		78 855		46 288

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	510 853	4,1%	490 853	21715,7%	2 250
	Gross	CU	510 853	4,1%	490 853	21715,7%	2 250
	Amortisation	CV	0	0%	0	0%	0
	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	22 747	2,3%	22 246	54,8%	14 375
	Gross	BH	22 747	2,3%	22 246	54,8%	14 375
	Amortisation	BI	0	0%	0	0%	0
	Sub Total Financial Assets		533 600		513 099		16 625

Current Assets (III)

			31/12/2009		31/12/2008		31/12/2007
	Total Assets	Net	3 103 212	47,1%	2 108 926	13,7%	1 854 732
	Gross	CJ	3 103 212	40,7%	2 205 006	18,9%	1 854 732
	Amortisation	CK	0	0%	96 080	0%	0

Stocks

			31/12/2009		31/12/2008		31/12/2007
	Raw materials	Net	0	0%	-96 080	0%	0
	Gross	BL	0	0%	0	0%	0
	Amortisation	BM	0	0%	96 080	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	309 372	-50,0%	619 218	61,0%	384 592
	Gross	BT	309 372	-50,0%	619 218	61,0%	384 592
	Amortisation	BU	0	0%	0	0%	0
	Sub Total Stocks	Net	309 372	-40,9%	523 138	36,0%	384 592

Advance payments to suppliers

			31/12/2009		31/12/2008		31/12/2007
	Advance payments to suppliers	Net	2 168 741	0%	0	0%	0
	Gross	BV	2 168 741	0%	0	0%	0
	Amortisation	BW	0	0%	0	0%	0

Debtors

			31/12/2009		31/12/2008		31/12/2007
	Trade accounts receivable	Net	366 633	-59,0%	895 244	254,5%	252 533
	Gross	BX	366 633	-59,0%	895 244	254,5%	252 533
	Amortisation	BY	0	0%	0	0%	0
	Other debtors	Net	0	0%	540 041	168,6%	201 039
	Gross	BZ	0	0%	540 041	168,6%	201 039
	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	366 633	-74,5%	1 435 285	216,4%	453 572

Divers

			31/12/2009		31/12/2008		31/12/2007
	Investment securities	Net	139 741	0%	0	0%	0
	Gross	CD	139 741	0%	0	0%	0
	Amortisation	CE	0	0%	0	0%	0
	Cash and cash equivalents	Net	118 725	-21,1%	150 503	-85,2%	1 016 568
	Gross	CF	118 725	-21,1%	150 503	-85,2%	1 016 568
	Amortisation	CG	0	0%	0	0%	0
	Sub Total Divers	Net	258 466	71,7%	150 503	-85,2%	1 016 568

Prepaid expenses

			31/12/2009		31/12/2008		31/12/2007
	Prepaid expenses	Net	0	0%	0	0%	0
	Gross	CH	0	0%	0	0%	0
	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	0	0%	0	0%	0
Gross		0	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	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Accounts - Passive
Other capital resources | Provisions for risks and charges | Liabilities | Translation loss | Equalization accounts | References

Grand Total - Passive Accounts (I to IV)

		31/12/2009		31/12/2008		31/12/2007
Grand Total (I to V)	EE	3 698 374	36,9%	2 701 810	40,6%	1 922 226

Shareholder Equity (I)

			31/12/2009		31/12/2008		31/12/2007
	Total shareholders' equity (Total I)	DL	1 737 274	29,6%	1 340 776	58,5%	846 153
	Equity and shareholders' equity	DA	201 000	0%	201 000	0%	201 000
	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	20 100	0%	20 100	100%	10 050
	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	1 119 676	79,1%	625 053	367,5%	133 701
	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%	0
	Profit or loss for the period	DI	396 498	-19,8%	494 623	-1,4%	501 402
	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	225 000	-40,0%	375 000	-49,7%	745 000
	Risk provisions	DP	225 000	-40,0%	375 000	-49,7%	745 000
	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	1 736 100	76,1%	986 033	197,8%	331 074
	Convertible debentures	DS	0	0%	0	0%	0
	Other debentures	DT	0	0%	0	0%	0
	Bank loans and liabilities	DU	553 024	11,6%	495 537	63757,9%	776
	Sundry loans and financial liabilities	DV	164 076	-3,0%	169 076	1696,0%	9 414
	Of which participating loans	EI	0	0%	0	0%	0
	Advance payments received for current orders	DW	0	0%	0	0%	0
	Trade accounts payables	DX	295 379	139,0%	123 564	23,2%	100 322
	Tax and social security liabilities	DY	315 933	67,8%	188 298	-6,2%	200 785
	Fixed asset liabilities	DZ	0	0%	0	0%	0
	Other debts	EA	407 688	4165,4%	9 558	-51,7%	19 777

Translation loss (V)

		31/12/2009		31/12/2008		31/12/2007
Translation loss (Total V)	ED	0	0%	0	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	0	0%	0	0%	0
Of which current bank facilities	EH	0	0%	0	0%	0

Display parameter
Currency	Euro	Kilo Euro

Result account
Sales of Goods | Operating charges | Operating charges | Financial income | Financial charges | Financial charges | Extraordinary charges | Employee profit sharing | Tax on profits | References

1- Operating result (I-II)

		31/12/2009		31/12/2008		31/12/2007
Operating result (Total I-II)	GG	656 432	-22,7%	848 989	13,6%	747 069

2 - Financial result (V - VI)

		31/12/2009		31/12/2008		31/12/2007
Financial result (Total V-VI)	GV	-71 290	38,9%	-116 703	-2083,4%	-5 345

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	585 142	-20,1%	732 286	-1,3%	741 724

4 - Extraordinary result (VII-VIII)

		31/12/2009		31/12/2008		31/12/2007
Extraordinary result (Total VII-VIII)	HI	-61	89,4%	-573	-718,6%	-70

Profit or loss

		31/12/2009		31/12/2008		31/12/2007
Profit or loss	HN	396 498	-19,8%	494 623	-1,4%	501 401

Total Income (I+III+V+VII)

		31/12/2009		31/12/2008		31/12/2007
Total Income (I+III+V+VII)	HL	5 054 787	12,7%	4 485 530	7,7%	4 166 508

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	4 658 288	16,7%	3 990 906	8,9%	3 665 107

Operating income (I)

		31/12/2009		31/12/2008		31/12/2007
Total operating income (Total I)	FR	5 030 679	13,4%	4 436 232	7,5%	4 127 294

Operating income (details)

			31/12/2009		31/12/2008		31/12/2007
	Sale of goods for resale	FC	4 366 442	10,8%	3 942 441	-3,0%	4 063 191
	France	FA	3 906 972	14,0%	3 427 598	-14,3%	3 999 250
	Export	FB	459 470	-10,8%	514 843	705,2%	63 941
	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	349 557	435,9%	65 233	48,3%	43 996
	France	FG	349 557	435,9%	65 233	48,3%	43 996
	Export	FH	0	0%	0	0%	0
	Net turnover	FL	4 715 999	17,7%	4 007 674	-2,4%	4 107 187
	France	FJ	4 256 529	21,9%	3 492 831	-13,6%	4 043 246
	Export	FK	459 470	-10,8%	514 843	705,2%	63 941
	Stocked production	FM	0	0%	0	0%	0
	Self-constructed assets	FN	0	0%	0	0%	0
	Operating grants	FO	3 600	0%	0	0%	3 848
	Release of reserves and provisions	FP	246 080	-35,4%	380 996	0%	0
	Other income	FQ	65 000	36,7%	47 562	192,5%	16 259

Operating charges (II)

		31/12/2009		31/12/2008		31/12/2007
Total operating charges (Total II)	GF	4 374 247	21,9%	3 587 243	6,1%	3 380 225

Exploitation charges

		31/12/2009		31/12/2008		31/12/2007
Purchase of goods for resale	FS	2 204 263	9,5%	2 012 928	8,6%	1 853 133
Change in stocks of goods for resale	FT	309 846	232,1%	-234 626	5,4%	-247 949
Purchase of raw materials	FU	0	0%	120	10,1%	109
Change in stocks of raw materials	FV	0	0%	0	0%	0
Other external purchases and charges	FW	1 118 628	5,3%	1 062 271	9,6%	969 084
Tax, duty and similar payments	FX	34 206	30,1%	26 297	14,1%	23 042
Payroll	FY	453 594	6,3%	426 704	9,1%	390 943
Social security costs	FZ	215 139	22,8%	175 176	0,6%	174 137

Depreciation

		31/12/2009		31/12/2008		31/12/2007
Depreciation of fixed assets	GA	21 972	20,5%	18 237	144,5%	7 460
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	96 080	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	210 000

Other charges

		31/12/2009		31/12/2008		31/12/2007
Other charges	GE	16 599	309,2%	4 056	1424,8%	266

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	24 108	-51,1%	49 298	25,7%	39 214
	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	0	0%	0	0%	0
	Released provisions and transferred charges	GM	0	0%	0	0%	0
	Exchange gains	GN	24 108	-51,1%	49 298	25,7%	39 214
	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	95 398	-42,5%	166 001	272,5%	44 559
	Financial reserves and provisions	GQ	0	0%	0	0%	0
	Interest and similar charges	GR	16 697	255,0%	4 704	2263,8%	199
	Exchange losses	GS	78 701	-51,2%	161 297	263,6%	44 360
	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	0	0%	0	0%	0
	Extraordinary operating income	HA	0	0%	0	0%	0
	Extraordinary income from capital transactions	HB	0	0%	0	0%	0
	Released provisions and transferred charges	HC	0	0%	0	0%	0

Extraordinary charges (VIII)

			31/12/2009		31/12/2008		31/12/2007
	Total extraordinary charges (Total VIII)	HH	61	-89,4%	573	718,6%	70
	Extraordinary operating charges	HE	61	-89,4%	573	718,6%	70
	Extraordinary charges from capital transactions	HF	0	0%	0	0%	0
	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	188 582	-20,5%	237 089	-1,3%	240 253

References

		31/12/2009		31/12/2008		31/12/2007
Of which equipment leases	HP	0	0%	0	0%	2 516
Of which property leases	HQ	0	0%	0	0%	0
Of which transferred charges	A1	0	0%	0	0%	0
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%	8 424
	Increasess due to revaluation	OH	0	0%	0	0%	0
	Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	68 487
	Decreasess by budget item transfer	OK1	0	0%	0	0%	0
	Decreasess by transfers	OK2	0	0%	0	0%	0
	Gross value at the end of period	OL	0	0%	0	0%	76 911

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	0	0%	0	0%	0
	Increasess due to revaluation	KE	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	KF	0	0%	0	0%	7 000
	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	0	0%	0	0%	7 000

Tangible fixed assets (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LN	0	0%	0	0%	8 424
	Increasess due to revaluation	LO	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LP	0	0%	0	0%	44 862
	Decreasess by budget item transfer	NG1	0	0%	0	0%	0
	Decreasess by transfers	NG2	0	0%	0	0%	0
	Gross value at the end of period	NH	0	0%	0	0%	53 286

Fiancial assets (Total IV)

			31/12/2009		31/12/2008		31/12/2007
	Gross value at begin of period	LQ	0	0%	0	0%	0
	Increasess due to revaluation	LR	0	0%	0	0%	0
	Increasess, acquisitions, creations, contributions	LS	0	0%	0	0%	16 625
	Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
	Decreasess by transfers	NJ2	0	0%	0	0%	0
	Gross value at the end of period	NK	0	0%	0	0%	16 625

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%	1 958
Increases		0P	0	0%	0	0%	7 459
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	9 417

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	0	0%	0	0%	0
Increases		PF	0	0%	0	0%	2 419
Decreasess		PG	0	0%	0	0%	0
	Decreasess by budget item transfer	PH	0	0%	0	0%	2 419

Total fixed assets amotisation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Reserve for depreciation value at begin of period	QU	0	0%	0	0%	1 958
Increases		QV	0	0%	0	0%	5 040
Decreases		QW	0	0%	0	0%	0
	Decreasess by budget item transfer	QX	0	0%	0	0%	6 998

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	375 000	0%	0	0%	535 000
Increases		UB	0	0%	0	0%	210 000
Decreases		UC	150 000	0%	0	0%	0
	Value at the end of period	UD	225 000	0%	0	0%	745 000

Includes Total allocations

Operating	UE	0	0%	0	0%	0
Financial	UG	0	0%	0	0%	0
Exceptional	UJ	0	0%	0	0%	0

Includes Total Withdrawal

Operating	UF	0	0%	0	0%	0
Financial	UH	0	0%	0	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	375 000	0%	0	0%	535 000
Increases		TV	0	0%	0	0%	210 000
Decreases		TW	150 000	0%	0	0%	0
	Value at the end of period	TX	225 000	0%	0	0%	745 000

Total Provision for depreciation (Total III)

			31/12/2009		31/12/2008		31/12/2007
	Value at begining of period	7B	0	0%	0	0%	0
Increases		TY	0	0%	0	0%	0
Decreases		TZ	0	0%	0	0%	0
	Value at the end of period	UA	0	0%	0	0%	0

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

		31/12/2009		31/12/2008		31/12/2007
Gross value	VT	2 558 122	0%	0	0%	0
1 year at most	VU	2 535 375	0%	0	0%	0
More than one year	VV	22 747	0%	0	0%	0

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	22 747	0%	0	0%	0
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	0	0%	0	0%	0
Other claims customer	UX	0	0%	0	0%	0
Receivables represent Loaned Securities	UU	0	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	0	0%	0	0%	0
Income taxes	VM	0	0%	0	0%	0
Value added tax	VB	0	0%	0	0%	0
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	0	0%	0	0%	0

Prepaid

		31/12/2009		31/12/2008		31/12/2007
Prepaid	VS	2 535 374	0%	0	0%	0

State Debt

			31/12/2009		31/12/2008		31/12/2007
	Total debt (gross)	VY	1 736 100	0%	0	0%	0
1 year at most		VZ2	1 736 100	0%	0	0%	0
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	553 024	0%	0	0%	0
1 year at most		VG2	553 024	0%	0	0%	0
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	164 076	0%	0	0%	0
1 year at most		8A2	164 076	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	295 379	0%	0	0%	0
1 year at most		8B2	295 379	0%	0	0%	0
More than 1 year and 5 years at most		8B3	295 379	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	315 933	0%	0	0%	0
1 year at most		8C2	315 933	0%	0	0%	0
More than 1 year and 5 years at most		8C3	0	0%	0	0%	0
	Social Security and other social organizations (gross)	8D1	0	0%	0	0%	0
1 year at most		8D2	0	0%	0	0%	0
More than 1 year and 5 years at most		8D3	0	0%	0	0%	0
	Taxes on profits (gross)	8E1	0	0%	0	0%	0
1 year at most		8E2	0	0%	0	0%	0
More than 1 year and 5 years at most		8E3	0	0%	0	0%	0
	VAT (gross)	VW1	0	0%	0	0%	0
1 year at most		VW2	0	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	0	0%	0	0%	0
1 year at most		VQ2	0	0%	0	0%	0
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	0	0%	0	0%	0
1 year at most		VI2	0	0%	0	0%	0
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	407 688	0%	0	0%	0
1 year at most		8K2	407 688	0%	0	0%	0
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%	2 516
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%	0	0%	0

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		4,23	9,0%	3,88	-81,5%	20,94	1,81	133,7%
Global Debt		133 days	49,4%	89 days	206,9%	29 days	140 days	-5,0%
Working Capital Fund overall net		159 days	-1,2%	161 days	20,1%	134 days	42 days	278,6%
Financial independence		314,14%	16,1%	270,57%	-99,8%	109040,34%	354,09%	-11,3%
More ratios
Solvability		46,97%	-5,4%	49,63%	12,7%	44,02%	24,82%	89,2%
Capacity debt futures		314,14%	-	%	-	%	984,44%	-68,1%
Coverage of current assets by net working capital overall		64,27%	-20,7%	81,07%	-2,0%	82,70%	30,08%	113,7%
General Liquidity		1,46	-		-		0,42	247,6%
Restricted Liquidity		1,61	-		-		0,73	120,5%

Management or rotation

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Need background in operating working capital		139 days	-5,4%	147 days	226,7%	45 days	8 days	1637,5%
Treasury		20 days	42,9%	14 days	-84,3%	89 days	6 days	233,3%
Inventory turnover of goods		44 days	-64,8%	125 days	45,3%	86 days	79 days	-44,3%
Average length of credit granted to customers		28 days	-65,0%	80 days	263,6%	22 days	31 days	-9,7%
Average length of credit obtained suppliers		29 days	81,2%	16 days	14,3%	14 days	59 days	-50,8%
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	2183 days	-
Rotation tangible assets		%	-	%	-	7707,82%	2001,24%	-

Profitability of the business

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Margin trading		39,28%	-27,3%	54%	-9,8%	59,85	31,40%	25,1%
Profitability of the business		8,14	-39,4%	13,44	-41,8%	23,09	2,67%	204,9%
Net profit		8,41%	-31,8%	12,34%	1,1%	12,21%	1,46%	476,0%
More ratios
Growth rate of turnover (excluding VAT)		17,67%	830,2%	-2,42%	-111,4%	21,32%	-2,65%	766,8%
Rates integration		22,97%	-21,1%	29,12%	-22,0%	37,32%	18,67%	23,0%
Rate leasing furniture		0%	0%	0%	0%	0,06%	0%	0%
Work Factor		61,73%	19,7%	51,58%	39,9%	36,87%	69,27%	-10,9%
Weight interests		2,02	-51,2%	4,14%	283,3%	1,08%	0,27%	648,1%

Return on capital

		31/12/2009		31/12/2008		31/12/2007	Sector Median 2009
Cash flow from the overall profitability		8,87%	-30,7%	12,80%	3,3%	12,39%	1,86%	376,9%
Rates of economic profitability		16%	-40,7%	27%	-75,7%	111%	13%	23,1%
Financial profitability		1737274%	29,6%	1340776%	58,5%	846153%	24806%	6903,4%
Return on investment		20,04%	-39,2%	32,94%	-48,3%	63,75%	10,89%	84,0%

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	4 715 999	17,7%	4 007 674	-2,4%	4 107 187	429 306 €	998,5%

Sales of goods	4 366 442	10,8%	3 942 441	-3,0%	4 063 191
- Purchase of goods	2 204 263	9,5%	2 012 928	8,6%	1 853 133
+/- Stock of goods variation	309 846	232,1%	-234 626	5,4%	-247 949
Trading margin	1 852 333 €	-14,4%	2 164 139 €	-12,0%	2 458 007 €	105 069 €	1663,0%
	39,28 % CA	-27,3%	54,00 % CA	-9,8%	59,85 % CA	32,61 % CA	20,5%

Sale of goods produced	349 557	435,9%	65 233	48,3%	43 996
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	349 557 €	435,9%	65 233 €	48,3%	43 996 €	2 573 €	13485,6%
	7,41 % CA	354,6%	1,63 % CA	52,3%	1,07 % CA	1,16 % CA	538,8%

Trading margin	1 852 333	-14,4%	2 164 139	-12,0%	2 458 007	105 069	1663,0%
+ Period Production	349 557	435,9%	65 233	48,3%	43 996	2 573	13485,6%
- Purchase of raw materials	0	0%	120	10,1%	109
+/- Change in stocks of raw materiels	0	0%	0	0%	0
- Other external purchases and charges	1 118 628	5,3%	1 062 271	9,6%	969 084
Added value	1 083 262 €	-7,2%	1 166 981 €	-23,9%	1 532 810 €	84 900 €	1175,9%
	22,97 % CA	-21,1%	29,12 % CA	-22,0%	37,32 % CA	18,65 % CA	23,2%

Added value	1 083 262 €	-7,2%	1 166 981 €	-23,9%	1 532 810 €	84 900 €	1175,9%
+ Operating grants	3 600	0%	0	0%	3 848
- Tax, duty and similar payments	34 206	30,1%	26 297	14,1%	23 042
- Personal charges	668 733	11,1%	601 880	6,5%	565 080
Gross operating surplus	383 923 €	-28,7%	538 804 €	-43,2%	948 536 €	8 683 €	4321,5%
	8,14 % CA	-39,4%	13,44 % CA	-41,8%	23,09 % CA	2,67 % CA	204,9%

Gross operating surplus	383 923 €	-28,7%	538 804 €	-43,2%	948 536 €	8 683 €	4321,5%
+ Release of reserves and provisions	246 080	-35,4%	380 996	0%	0
+ Other operating income	65 000	36,7%	47 562	192,5%	16 259
- Depreciation/Amortisation	21 972	-80,8%	114 317	-47,4%	217 460
- Other charges	16 599	309,2%	4 056	1424,8%	266
Operating result	656 432 €	-22,7%	848 989 €	13,6%	747 069 €	6 638 €	9789,0%
	13,92 % CA	-34,3%	21,18 % CA	16,4%	18,19 % CA	1,97 % CA	606,6%

Operating result	656 432 €	-22,7%	848 989 €	13,6%	747 069 €	6 638 €	9789,0%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	24 108	-51,1%	49 298	25,7%	39 214
- Financial charges	95 398	-42,5%	166 001	272,5%	44 559
Pre-tax result	585 142 €	-20,1%	732 286 €	-1,3%	741 724 €	5 171 €	11215,8%
	12,41 % CA	-32,1%	18,27 % CA	1,2%	18,06 % CA	1,53 % CA	711,1%

Extraordinary income	0	0%	0	0%	0	14	0%
- Extraordinary charges	61	-89,4%	573	718,6%	70
Extraordinary result	-61 €	89,4%	-573 €	-718,6%	-70 €	0 €	0%
	0,00 % CA	0%	-0,01 % CA	0%	0 % CA	0 % CA	0%

Pre-tax result	585 142 €	-20,1%	732 286 €	-1,3%	741 724 €	5 171 €	11215,8%
Extraordinary result	-61 €	89,4%	-573 €	-718,6%	-70 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	188 582	-20,5%	237 089	-1,3%	240 253
Net result	396 499 €	-19,8%	494 624 €	-1,4%	501 401 €	5 591 €	6991,7%
	8,41 % CA	-31,8%	12,34 % CA	1,1%	12,21 % CA	1,44 % CA	484,0%

judgements

Collective procedures

No judgment information for the company

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

Preferential rights details and history

Summary of preferential rights

Company monitored since	06/11/2008
Status of Monitoring	No social security and tax office preferential right to date

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.

event history

Status history

Date	Description
02/08/2010	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
20/12/2011	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 1381 - 477884969 RCS. JL 26. Forme : Société à responsabilité limitée. Adresse : 2 avenue Elsa Triolet Buropole Bât. B 13008 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
18/04/2011	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 1420 - 477884969 RCS. JL 26. Forme : Société à responsabilité limitée. Adresse : 10 boulevard Ralli les Bureaux de Marveyre 13008 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
03/02/2011	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 123 - 477 884 969 RCS Marseille. JL 26. Forme : Société à responsabilité limitée. Administration : Gérant : SANCHEZ Laurent David Commissaire aux comptes suppléant : A. M. O. FINANCES en fonction le 26 Janvier 2011 Commissaire aux comptes titulaire : FINANCIAL AUDIT en fonction le 26 Janvier 2011. Activité : . Commentaires : Modification de représentant.
31/10/2010	Bodacc B	Modification et mutation diverse
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 258 - 477 884 969 RCS Marseille. JL 26. Forme : Société à responsabilité limitée. Adresse du siège social : 2 avenue Elsa Triolet, Buropole Bât. B, 13008 Marseille. Commentaires : Modification de l'adresse du siège.
18/10/2010	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 1396 - 477884969 RCS. JL 26. Forme : Société à responsabilité limitée. Adresse : 10 boulevard Ralli les Bureaux de Marveyre 13008 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
24/09/2010	JAL	Head Office Transfer
LES NOUVELLES PUBLICATIONS ECONOMIQUES ET JURIDIQUES Date de décision : 02/08/2010 Transfert du siège social de la société 477884969 -  JL 26 Adresse du nouveau siège : 2 AVENUE ELSA TRIOLET, BUROPOLE BATIMENT B, 13008 MARSEILLE Ancienne localisation : 10 BD RALLI, LES BUREAUX DE MARVEYRE, 13008 MARSEILLE 8
03/12/2008	Bodacc C	Comptes annuels et rapports
13 - BOUCHES-DU-RHONE GREFFE DU TRIBUNAL DE COMMERCE DE MARSEILLE 1204 - 477884969 RCS. JL 26. Forme : Société à responsabilité limitée. Adresse : 10 boulevard Ralli les Bureaux de Marveyre, 13008 Marseille. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.
09/11/2007	Bodacc C	Avis de dépôt des comptes
979 - 477 884 969. RCS Marseille JL 26. Forme: Société à responsabilité limitée. Adresse du siège social: 42/48 rue des Mousses Prado Plaza, 13008 Marseille. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.
05/10/2007	Bodacc B	Modifications et mutations diverses
361 - RCS Marseille B 477 884 969. RC 04-B 2222. JL 26. Forme : S.A.R.L. Capital : 201 000 euros. Adresse du siège social : Les Bureaux de Marveyre, 10 boulevard Ralli,, 13008 Commentaires : modification survenue sur le capital (augmentation), l'adresse du siège social et l'adresse de l'établissement principal. Etablissement principal - Adresse : Les Bureaux de Marveyre, 10 boulevard Ralli, 13008
22/12/2006	Bodacc C	Avis de dépôt des comptes
2650 - RCS Marseille B 477 884 969. RC 04-B 2222. JL 26. Forme: S.A.R.L.. Adresse du siège social: Prado Plaza 42/48, rue des Mousses,13008 Marseille. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.
01/12/2006	Bodacc B	Modifications et mutations diverses
0080 - RCS Marseille B 477 884 969. RC 04-B 2222. JL 26. Forme : S.A.R.L. Capital : 100 500 euros. Commentaires : modification survenue sur le capital (augmentation).
04/08/2004	Bodacc A	Création d'établissement
RCS Marseille B 477884969 RC 04-B 2222 JL 26. Forme : S.A.R.L. Capital : 15 000 euros. Activité : fabrication, vente de vetements, de pret-à-porter, de textile ainsi que la fabrication, la vente et la distribution de tous produits accessoires aux vetements, dont la chaussure. Adresse du siège social : Prado Plaza, 42-48 rue des Mousses, 13008 Marseille. Administration : gérant : SANCHEZ (Laurent, David) Cette société se constitue Date de début d'activité: 1 e r juillet 2004.

Company events history

Date	Description
20/12/2011	Bodacc C : Deposit accounts notice
18/04/2011	Bodacc C : Deposit accounts notice
03/02/2011	Bodacc B: Various editing or changing
26/01/2011	Minutes of general meeting of shareholders
31/10/2010	Bodacc B: Various editing or changing
18/10/2010	Bodacc C : Deposit accounts notice
18/10/2010	Updated articles of association
18/10/2010	Registered office transferred inside jurisdiction of the Commercial Court
18/10/2010	Minutes of general meeting of shareholders
24/09/2010	Legal Gazette: Head Office Transfer
02/08/2010	Update of Company Head Office Identifier
02/08/2010	Transfer of Establishment
04/02/2010	Minutes of general meeting of shareholders
04/02/2010	Updated articles of association
31/12/2009	Update of Company Activity
31/12/2009	Modification of Company Activity
31/12/2009	New accounts available
31/12/2008	New accounts available
03/12/2008	Bodacc C : Deposit accounts notice
06/11/2008	Collection of preferential rights activated for this company
31/12/2007	New accounts available
03/09/2007	Updated articles of association
03/09/2007	Minutes of general meeting of shareholders
03/09/2007	PV d'Assemblée
03/09/2007	Capital increase
03/09/2007	Private document
03/09/2007	Transfert du Siège dans le ressort du Tribunal de Commerce
03/09/2007	Registered office transferred inside jurisdiction of the Commercial Court
31/12/2006	New accounts available
23/11/2006	Private document
23/11/2006	Acte sous seing privé
23/11/2006	Cession de parts
23/11/2006	Updated articles of association
23/11/2006	Sale of shares
20/11/2006	PV d'Assemblée
20/11/2006	Minutes of general meeting of shareholders
20/11/2006	Private document
20/11/2006	Augmentation de Capital
20/11/2006	Capital increase
20/11/2006	Updated articles of association
31/12/2005	New accounts available
04/07/2005	Minutes of general meeting of shareholders
04/07/2005	PV d'Assemblée
04/07/2005	Private document
04/07/2005	New closing date
04/07/2005	Prorogation de durée
04/07/2005	Updated articles of association
21/07/2004	Articles of association
21/07/2004	Certificat de dépôt des fonds
21/07/2004	Private document
21/07/2004	Acte sous seing privé
21/07/2004	Formation de Société
21/07/2004	Company formation
21/07/2004	Statuts

Establishment events history

Date	Description
08/10/2011	Update Rating
08/10/2011	Update Limit
28/07/2011	Update Rating
28/06/2011	Update of phone numbers
20/01/2011	Update Rating
09/11/2010	Update Rating
25/10/2010	Update Rating
02/08/2010	Formation of Head office (after transfer)
31/12/2009	Modification of Head office Activity
31/12/2009	Update of Establishment Activity

directors

Name	M. SANCHEZ LAURENT DAVID
Manager position	Gérant	Date of birth	18/12/1974
Place of birth	MARSEILLE
Type of manager	Individual	Name at birth of manager

Previous Directors

Manager position	Title and name	Date of Birth/Place of Birth
Gérant	M LAURENT DAVID SANCHEZ
Gérant	M LAURENT SANCHEZ

Bottom of Form

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.50.02
UK Pound	1	Rs.78.05
Euro	1	Rs.65.13

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%)

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