MIRA INFORM REPORT
|
Report Date : |
03.03.2012 |
|
|
|
|
Tel. No.: |
00 32 3 234 24 24 |
|
Fax No.: |
00 32 3 232 39 31 |
IDENTIFICATION DETAILS
|
Name : |
DIAROUGH NV |
|
|
|
|
Registered Office : |
Hoveniersstraat 30 Antwerpen, Post Code 2018 |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2010 |
|
|
|
|
Date of Incorporation : |
04.02.1975 |
|
|
|
|
Com. Reg. No.: |
414865337 |
|
|
|
|
Legal Form : |
Public
Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale
of diamonds and other precious stones |
|
|
|
|
No. of Employees
: |
20 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Good |
|
|
|
|
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 30th, 2011
|
Country Name |
Previous Rating (30.06.2011) |
Current Rating (30.09.2011) |
|
Belgium |
a1 |
a1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
REGISTERED
NAME & COMPANY SUMMARY
|
Business number |
414865337 |
Company name |
DIAROUGH NV |
|
Safe number |
BE00082069 |
Telephone number |
032323931 |
|
Address |
HOVENIERSSTRAAT 30 ANTWERPEN |
Fax number |
032323931 |
|
Post code |
2018 |
Number of staff |
20 |
|
Date of establishment |
04/02/1975 |
|
|
|
Business number |
414865337 |
Company name |
DIAROUGH NV |
|
Fax number |
032323931 |
Date founded |
04/02/1975 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2010 |
|
Activity code |
46761 |
liable for VAT |
yes |
|
Activity description |
Wholesale of diamonds and other precious
stones |
VAT Number |
BE.0414.865.337 |
|
Belgian Bullettin of Acts Publications |
|
|
DIRECTORS/MANAGEMENT
Current director details
|
Name |
|
|
Position |
Managing Director |
|
Date of birth |
18/06/1970 |
|
Street |
90 DESGUINLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Date of birth |
18/06/1970 |
|
Street |
90 DESGUINLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Legal Representative |
|
Date of birth |
15/07/1996 |
|
Street |
30 HOVENIERSSTRAAT ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Date of birth |
15/07/1996 |
|
Street |
30 HOVENIERSSTRAAT ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Managing Director |
|
Street |
8 KASTANJELAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Street |
8 KASTANJELAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Street |
|
|
Post code |
|
|
Country |
|
Former director details
|
Name |
|
|
Position |
Chairman of the Board |
|
Date of birth |
18/06/1970 |
|
Street |
90 DESGUINLEI ANTWERPEN |
|
Post code |
2018 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Street |
5 HAGEDOORNLAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Chairman of the Board |
|
Street |
5 HAGEDOORNLAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Director |
|
Street |
5 HAGEDOORNLAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
|
Name |
|
|
Position |
Managing Director |
|
Street |
5 HAGEDOORNLAAN ANTWERPEN |
|
Post code |
2020 |
|
Country |
Belgium |
NEGATIVE
INFORMATION
Court data summary
|
Bankruptcy details |
|
|
Court action type |
no |
|
Protested bills |
|
|
Bill amount |
- |
|
NSSO details |
|
|
Date of summons |
- |
Contractor details
|
Registered contractor number |
- |
|
Contractor description |
- |
|
Date struck off register |
|
Personnel limit NSSO
|
Code |
- |
|
Description |
FROM 20 TO 49 EMPLOYEES |
Joint Industrial Committee (JIC)
Protested bills
|
Drawee name |
- |
|
Address |
- |
|
Bill amount |
- |
|
Bill currency |
- |
|
Maturity of bill |
- |
|
Name of drawer |
- |
|
City of drawer |
- |
NSSO details
|
Business number |
414865337 |
|
Name of defendant |
- |
|
Legal form of defendant |
- |
|
Date of summons |
- |
|
Labour court |
- |
Bankruptcy details
|
There is no bankruptcy data against this
company |
|
Court Data
|
there is no data for this company |
SHARE
& SHARE CAPITAL INFORMATION
Minority Shareholders
|
No minority shareholders found |
PAYMENT
INFORMATION
Payment expectations
|
Past payments |
|
Payment expectation days |
0.86 |
|
Industry average payment expectation days |
189.76 |
Industry average day sales outstanding |
143.09 |
|
Day sales outstanding |
0.80 |
||
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|
comparison mode |
|
|
Suspension of payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment expectations
|
Payment expectation days |
0.86 |
|
Day sales outstanding |
0.80 |
Industry comparison
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and other precious
stones |
|
Industry average payment expectation days |
189.76 |
|
Industry average day sales outstanding |
143.09 |
Industry quartile analysis
|
Payment expectations |
|
|
Company result |
0.86 |
|
Lower |
134.48 |
|
Median |
89.16 |
|
Upper |
47.10 |
|
Day sales outstanding |
|
|
Company result |
0.80 |
|
Lower |
117.62 |
|
Median |
61.72 |
|
Upper |
27.29 |
GROUP
STRUCTURE & AFFILIATED COMPANIES
Ultimate holding company
|
Safe number |
Company name |
|
Company Number |
|
- |
- |
|
- |
Summary
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Group Structure
|
No group structure for this company. |
FINANCIAL
INFORMATION
Accounts & ratios
|
Date of latest
accounts |
Turnover |
Profit Before Tax |
Net worth |
|
31/12/2010 |
620,367,793 |
2,023,457 |
41,938,651 |
|
31/12/2009 |
474,239,270 |
411,864 |
37,633,878 |
|
31/12/2008 |
470,902,153 |
2,170,953 |
40,212,265 |
Accounts & ratios
|
Date of latest
accounts |
Balance Total |
Investments |
Capital |
Cash Flow |
Number of Employees |
|
||
|
31/12/2010 |
48,947,485 |
39,159,279 |
11,368,929 |
1,623,197 |
30 |
|||
|
31/12/2009 |
45,941,776 |
36,318,495 |
10,545,578 |
1,120,765 |
36 |
|||
|
31/12/2008 |
72,605,721 |
36,963,616 |
10,778,000 |
983,952 |
43 |
|||
Profit & loss
|
Annual
accounts |
31-12-2010 |
% |
31-12-2009 |
% |
31-12-2008 |
Industry
average |
% |
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
Turnover |
620,367,793 |
30.81 |
474,239,270 |
0.71 |
470,902,153 |
47,033,303 |
1218 |
|
Total operating expenses |
619,221,401 |
31.02 |
472,604,541 |
0.56 |
469,971,139 |
46,424,774 |
1233 |
|
1,146,392 |
-29.87 |
1,634,729 |
75.59 |
931,014 |
212,366 |
439 |
|
|
1,450,469 |
442 |
267,300 |
-88.72 |
2,369,650 |
155,837 |
830 |
|
|
573,405 |
-61.52 |
1,490,164 |
31.91 |
1,129,711 |
309,874 |
85.04 |
|
|
2,023,457 |
391 |
411,864 |
-81.03 |
2,170,953 |
42,078 |
4708 |
|
|
661,901 |
266 |
180,695 |
-68.98 |
582,590 |
15,287 |
4229 |
|
|
1,361,556 |
488 |
231,169 |
-85.45 |
1,588,363 |
31,711 |
4193 |
|
|
0 |
-100 |
66,766 |
-96.29 |
1,797,495 |
2,917 |
-100 |
|
|
-1 |
- |
0 |
- |
0 |
- |
- |
|
|
1,361,555 |
356 |
297,935 |
-91.20 |
3,385,858 |
34,624 |
3832 |
|
|
other information |
|||||||
|
- |
- |
2,066,045 |
- |
- |
326,298 |
- |
|
|
- |
- |
652,241 |
- |
- |
113,424 |
- |
|
|
2,035,236 |
-15.72 |
2,414,823 |
0.08 |
2,413,012 |
144,880 |
1304 |
|
|
1,501,170 |
-17.23 |
1,813,726 |
-0.02 |
1,814,088 |
127,419 |
1078 |
|
|
17,412 |
- |
19,274 |
- |
21,502 |
7,164 |
143 |
|
|
459,519 |
-12.24 |
523,623 |
2.39 |
511,417 |
30,975 |
1383 |
|
|
57,135 |
-1.83 |
58,200 |
-11.82 |
66,005 |
3,205 |
1682 |
|
|
461,197 |
5.31 |
437,951 |
-55.66 |
987,723 |
21,930 |
2003 |
|
balance sheet
|
Annual accounts |
31-12-2010 |
% |
31-12-2009 |
% |
31-12-2008 |
Industry average |
% |
|
Weeks |
52 |
|
52 |
|
52 |
|
|
|
Currency |
EUR |
|
EUR |
|
EUR |
|
|
|
101,542 |
- |
98,765 |
- |
159,076 |
1,694 |
5894 |
|
|
1,860,843 |
-4.88 |
1,956,388 |
-15.74 |
2,321,873 |
194,775 |
855 |
|
|
899,837 |
1.38 |
887,576 |
-7.66 |
961,211 |
360,189 |
149 |
|
|
928,643 |
-9.95 |
1,031,283 |
-23.82 |
1,353,699 |
27,453 |
3282 |
|
|
32,363 |
-13.77 |
37,529 |
438 |
6,963 |
27,590 |
17.30 |
|
|
39,159,279 |
7.82 |
36,318,495 |
-1.75 |
36,963,616 |
310,556 |
12509 |
|
|
41,121,663 |
7.16 |
38,373,648 |
-2.71 |
39,444,564 |
406,472 |
10016 |
|
|
1,153,604 |
-13.75 |
1,337,573 |
-2.16 |
1,367,053 |
3,153,716 |
-63.42 |
|
|
- |
- |
- |
- |
- |
2,393,499 |
- |
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
2,080 |
-100 |
|
1,153,604 |
-13.75 |
1,337,573 |
-2.16 |
1,367,053 |
2,101,406 |
-45.10 |
|
|
0 |
- |
0 |
- |
0 |
511,847 |
-100 |
|
|
1,353,965 |
-55.16 |
3,019,594 |
-66.61 |
9,043,073 |
3,876,896 |
-65.08 |
|
|
Cash |
1,623,197 |
44.83 |
1,120,765 |
13.90 |
983,952 |
267,197 |
507 |
|
3,228,915 |
66.46 |
1,939,708 |
-90.98 |
21,504,016 |
371,629 |
768 |
|
|
466,141 |
209 |
150,488 |
-42.79 |
263,063 |
43,057 |
982 |
|
|
7,825,822 |
3.40 |
7,568,128 |
-77.18 |
33,161,157 |
7,191,212 |
8.82 |
|
|
current liabilities |
|||||||
|
1,450,815 |
-37.42 |
2,318,161 |
-13.91 |
2,692,708 |
2,710,940 |
-46.48 |
|
|
- |
- |
- |
- |
- |
- |
- |
|
|
341,431 |
-48.45 |
662,285 |
118 |
303,237 |
1,940,279 |
-82.40 |
|
|
4,031,463 |
22.88 |
3,280,935 |
-88.10 |
27,563,435 |
4461 |
- - |
|
|
5,823,709 |
-6.99 |
6,261,381 |
-79.51 |
30,559,380 |
4,450,899 |
30.84 |
|
|
Long term debts |
|||||||
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- - |
|
Other long term loans |
1,083,584 |
-22.11 |
1,391,230 |
-16.94 |
1,675,000 |
-31.15 |
- - |
|
Other long term
liabilities |
-1 |
-100 |
556,522 |
- |
0 |
722,375 |
-100 |
|
1,083,583 |
-44.37 |
1,947,752 |
16.28 |
1,675,000 |
1,356,627 |
-20.13 |
|
|
shareholders equity |
|||||||
|
11,368,929 |
7.81 |
10,545,578 |
-2.16 |
10,778,000 |
1,033,079 |
1000 |
|
|
9,413 |
7.80 |
8,732 |
-2.15 |
8,924 |
183,372 |
-94.87 |
|
|
30,661,851 |
12.82 |
27,178,333 |
-8.13 |
29,584,417 |
693,793 |
4319 |
|
|
- |
- |
- |
- |
- |
715,893 |
- |
|
|
Total shareholders equity |
42,040,193 |
11.42 |
37,732,643 |
-6.54 |
40,371,341 |
1,745,712 |
2308 |
|
2,002,113 |
53.21 |
1,306,747 |
-49.77 |
2,601,777 |
2,740,313 |
-26.94 |
|
|
41,938,651 |
11.44 |
37,633,878 |
-6.41 |
40,212,265 |
1,744,017 |
2304 |
|
ratio analysis
|
Annual accounts |
31-12-2010 |
change(%) |
31-12-2009 |
change(%) |
31-12-2008 |
Industry average |
% |
|
Trading performance |
|||||||
|
Profit Before Tax |
0.33 |
266 |
0.09 |
-80.43 |
0.46 |
-2,00 |
16.50 |
|
4.69 |
350 |
1.04 |
-79.84 |
5.16 |
18,00 |
-73.94 |
|
|
4.13 |
358 |
0.90 |
-69.90 |
2.99 |
-78,00 |
5.29 |
|
|
4.81 |
341 |
1.09 |
-79.74 |
5.38 |
18,00 |
-73.28 |
|
|
309.86 |
-14.62 |
362.92 |
100 |
180.99 |
36,00 |
-99 |
|
|
0.19 |
-32.14 |
0.28 |
-3.45 |
0.29 |
67,00 |
-99 |
|
|
0.80 |
-65.52 |
2.32 |
-66.90 |
7.01 |
165,00 |
-99 |
|
|
0.86 |
-51.96 |
1.79 |
-14.35 |
2.09 |
170,00 |
-99 |
|
|
short term stability |
|||||||
|
1.34 |
10.74 |
1.21 |
11.01 |
1.09 |
8,00 |
-85.11 |
|
|
1.15 |
15.00 |
1 |
-3.85 |
1.04 |
5,00 |
-77.00 |
|
|
0.14 |
-17.65 |
0.17 |
-77.63 |
0.76 |
9,00 |
-98.44 |
|
|
Liquidity ratio
reprocessed |
- |
- |
- |
- |
- |
- |
|
|
long term stability |
|||||||
|
3.39 |
-37.68 |
5.44 |
11.02 |
4.90 |
150,00 |
-97.74 |
|
|
86.07 |
4.57 |
82.31 |
47.69 |
55.73 |
-1.510,00 |
5.70 |
|
|
0.16 |
-27.27 |
0.22 |
-72.50 |
0.80 |
9,00 |
-98.22 |
|
FOREIGN
EXCHANGE RATES
Na
ADDITIONAL
INFORMATION
Trends
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Significant Events
|
Event Date |
09/06/2008 |
||
|
Event Description |
re-appointment of director(s) |
||
|
Event Details |
Commentaar 09-06-2008: Herbenoeming van
volgende bestuurders en gedelegeerd bestuurders: vanaf 9 mei 2008: Nishit
Parikh en Saurin Parikh. |
||
|
Event Date |
03/09/2010 |
|
|
|
Event Description |
|
|
|
|
Event Details |
Beslissing om het mandaat van Parikh Saurin
als bestuurder en gedelegeerd bestuurder onbezoldigd te maken vanaf
31/08/2010. |
|
|
Limit History
|
no limit history data found |
Industry comparison
|
Activity code |
46761 |
|
Activity description |
Wholesale of diamonds and other precious
stones |
|
industry average credit rating |
64.48 |
Minority Interests
|
Business number |
Company name |
|
Safe number |
% |
Date of accounts |
|
|
BE00354449 |
25 |
31/12/2010 |
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31/12/2010 |
|
|
B.K.INVEST NV |
31/12/2010 |
|
|
EURASIA GEMS BVBA |
31/12/2010 |
|
|
DIAMBEL NV |
31/12/2010 |
|
|
DIAGEM BVBA |
31/12/2010 |
|
|
PARUDIAM BVBA |
31/12/2010 |
|
|
AZAR DIAMONDS NV |
- |
|
|
KHALIL DIAMOND BVBA |
- |
|
|
SAVRANSKY DIAMONDS
INTERNATIONAL BVBA |
31/12/2010 |
|
|
SAMDIMON BVBA |
31/12/2010 |
|
|
INTERCOMMERCIAL DIAMONDS
BVBA |
31/12/2010 |
|
|
INTERCOMMERCIAL DIAMONDS
BVBA |
31/12/2010 |
|
|
RELIANCE BVBA |
31/12/2010 |
|
|
ADIAM NV |
31/12/2010 |
|
|
ADIAM NV |
31/12/2010 |
|
|
RUSHIDIAM BVBA |
31/12/2010 |
|
|
ABN DIAMONDS NV |
31/12/2010 |
|
|
ABN DIAMONDS NV |
31/12/2010 |
|
|
TWINKLEDIAM NV |
31/12/2010 |
|
|
KARDIAM BVBA |
31/12/2010 |
|
|
KARDIAM BVBA |
31/12/2010 |
|
|
RAJDIAM BVBA |
31/12/2009 |
|
|
FIVE CEE JEWELRY BVBA |
31/12/2010 |
|
|
ANTWERP DIAMOND BROKERS
IN VEREFFENING BVBA |
- |
|
|
SIDCO NV |
31/12/2002 |
|
|
VITRAAG BVBA |
31/12/2010 |
|
|
D D G C BVBA |
- |
|
|
JEWELEX ANTWERP NV |
31/12/2010 |
|
|
LAZARE KAPLAN BELGIUMNV
NV |
31/05/2011 |
|
|
KARP IMPEX NV |
31/12/2010 |
|
|
MARTANI BELGIUM P/A NV |
31/12/1998 |
|
|
PELICAN DIAMOND
MANUFACTURERS OF ANTWERP IN VEREFF |
- |
|
|
MUNIC GEMS |
31/12/2010 |
|
|
POLYDIAM BVBA NV |
31/12/2010 |
|
|
ELITE JEWELS EBVBA |
31/12/2010 |
|
|
HIRSCH ACCOUNTANTSKANTOOR
BVBA |
31/12/2010 |
|
|
GADY FRUCHTER IN VEREFFENING
BVBA |
31/12/1999 |
|
|
SCHWEDIAM BVBA |
31/12/2010 |
|
|
EMBASSY GEMS P/A 7E
BTW-CON BVBA |
31/12/2005 |
|
|
EMBASSY GEMS P/A 7E
BTW-CON BVBA |
31/12/2005 |
|
|
SIMA DIAMOND NV |
31/12/2010 |
|
|
MALAY GEMS BVBA |
31/12/2010 |
|
|
SAGAR . |
- |
|
|
L.A.R. DIAMONDS NV |
31/12/2010 |
|
|
PROTEA GEM DIAMONDS BVBA |
31/12/2010 |
|
|
ARARADIAM IN VEREFFENING
BVBA |
- |
|
|
SANT DIAM BVBA |
31/12/2010 |
|
|
SAGAR BVBA |
31/12/2010 |
|
|
SOCIÉTÉ LIBANESE DE
DIAMANT NV |
- |
|
|
COPIDA IN VEREFFENING
BVBA |
- |
|
|
RICHDIAM BVBA |
31/12/2010 |
|
|
SOLITAIRE - THE DIAMOND
COMPANY BVBA |
31/12/2010 |
|
|
STARGEMS BVBA |
31/12/2010 |
|
|
AMI DIAMONDS BVBA |
31/12/2010 |
|
|
YAHYA DIAMONDS BVBA |
31/12/2010 |
|
|
D.E.F. DIAMONDS IN
VEREFFENING BVBA |
31/12/1999 |
|
|
DIANISH NV |
31/12/2010 |
|
|
DIAMOND MANUFAC EN
TRADING CO BVBA |
- |
|
|
SACHDIAM BVBA |
31/12/2010 |
|
|
MIKORA II IN VEREFFENING
NV |
- |
|
|
CARMEL BVBA |
- |
|
|
AGENTSCHAP DIAMANT
CENTRUM NV IN VEREFFENING |
- |
|
|
SWETGEMS BVBA |
31/12/2010 |
|
|
IDÉAL CUT DIAMONDS IN
VEREFFENING BVBA |
31/12/1998 |
|
|
J & K DIAMONDS BVBA |
31/12/2010 |
|
|
JAYVIDIAM NV |
31/12/2010 |
|
|
LIZA DIMON BVBA |
31/12/2010 |
|
|
DIATHAI NV |
- |
|
|
ANTWERP DIAMOND HOUSE
MANAGEMENT |
- |
|
|
DIA-VEER BVBA |
31/12/2010 |
|
|
NOORDIAM BVBA |
31/12/2010 |
|
|
COMPTOIRS DIAMANTAIRES
BELGES IN VEREFFENING BVBA |
- |
|
|
JEWEL TRADE IN
VEREFFENING BVBA |
31/12/2007 |
|
|
MARTANI ANTWERP IN
VEREFFENING NV |
- |
|
|
PINALDIAM BVBA |
31/12/2010 |
|
|
YAEL STAR BVBA |
31/12/2010 |
|
|
NAKODA DIAMONDS BVBA BVBA |
31/12/2010 |
|
|
PRIMO INTERNATIONAL NV |
31/12/2009 |
|
|
MENI DIAMONDS IN
VEREFFENING IN VEREFFENING BVBA |
- |
|
|
SMOLENSK FANCY IN
VEREFFENING IN VEREFFENING NV |
- |
|
|
ELMYR SERVICES BVBA |
31/03/2011 |
|
|
ISHAAN DIAMONDS BVBA |
30/09/2010 |
|
|
MAJER DIAMOND COMPANY
BVBA |
31/12/2010 |
|
|
POCL NV |
31/05/2011 |
|
|
LAZARE KAPLAN BELGIUM
JEWELRY IN VEREFFENING NV |
- |
|
|
EVER SHINE BVBA |
31/12/2010 |
|
|
SWET CHEMICALS BVBA |
- |
|
|
M. RAJESH BVBA |
31/12/2010 |
|
|
BLUE GEMS NV |
31/12/2010 |
|
|
GOPI JEWELLERS IN
VEREFFENING BVBA |
30/06/2010 |
|
|
DIAMOND DISTRIBUTION
& CO OP AANDELEN CVBA |
31/12/1999 |
|
|
GEMBLUE BVBA |
30/06/2011 |
|
|
I.C.O. CHANGE BVBA |
- |
|
|
RARE GEMS BVBA |
31/12/2010 |
|
|
MIDAGEM BVBA |
31/12/2010 |
|
|
INTERDIAM BVBA |
30/06/2011 |
|
|
SAPFIR DIAMOND
MANUFACTURING NV |
31/12/2010 |
|
|
CHATILA DIAMONDS BVBA |
31/12/2000 |
|
|
EXPRESS ARRIVAL SERVICE
(BELGIUM) IN VEREFFENING N |
- |
|
|
GENERAL TRADING DIAMOND
COMPANY BVBA |
31/12/2010 |
|
|
D-GOLDI BVBA |
31/12/2010 |
|
|
DIAROUGH EUROPEALES NV |
31/12/2010 |
|
|
KIRAN EXPORTS BVBA |
31/03/2011 |
|
|
B.S. GEMS BVBA |
31/12/2009 |
|
|
BRIGHT STAR BELGIUM BVBA |
- |
|
|
FANCY FLAWLESS BVBA |
31/12/2010 |
|
|
ABHIDIMON BVBA |
31/12/2010 |
|
|
ANKUR DIAMONDS NV |
31/12/2010 |
|
|
MI AMOR JEWELRY BVBA |
31/03/2011 |
|
|
A.C. DIAM BVBA |
31/03/2011 |
|
|
SHINE STAR IN VEREFFENING
BVBA |
31/12/1999 |
|
|
PRIYANKA GEMS BVBA |
30/06/2011 |
|
|
HIND GEMS BVBA |
31/12/2009 |
|
|
M.S.D. NV |
31/12/2010 |
|
|
GLOBAL INTERNATIONAL
DIAMONDS BVBA |
31/12/2000 |
|
|
MARJAN DIAMONDS NV |
31/12/2010 |
|
|
BELFORD INTERNATIONAL NV |
30/04/2011 |
|
|
SUPER DIAM BVBA |
31/12/2010 |
|
|
AYMAN UNIVERSAL DIAMONDS
IN VEREFFENING NV |
31/12/1998 |
|
|
BELGIAN GEMS TRADING CO.
IN VEREFFENING NV |
31/12/2009 |
|
|
JEWEL IMPEX BVBA |
31/12/2010 |
|
|
BHP BILLITON DIAMONDS
(BELGIUM) NV |
30/06/2010 |
|
|
A.K. INTERNATIONAL BVBA |
31/12/2010 |
|
|
BELGIUM INVESTMENTS IN
VEREFFENING NV |
31/05/2006 |
|
|
DANYDIAM BVBA |
31/12/2010 |
|
|
POCL IN VEREFFENING BVBA |
31/05/2006 |
|
|
ICAP NV |
31/12/2010 |
|
|
BHP TRANSPORT BELGIUM IN
VEREFFENING NV |
05/06/2003 |
|
|
D.A.JHAVERI BVBA |
31/03/2011 |
|
|
WORLD-WIDE TRADE COMPANY
BVBA |
31/12/2008 |
|
|
DAVIDONA DIAMONDS BVBA |
- |
|
|
PASMI DIMON BVBA |
31/12/2008 |
|
|
HSK BVBA |
31/12/2010 |
|
|
FIRST E DIAMOND IN
VEREFFENING NV |
31/12/2001 |
|
|
MIKISA GEMS BVBA |
31/12/2010 |
|
|
ANTWERP DIAMOND HOUSE II
NV |
30/11/2010 |
|
|
UNIGLO BVBA |
31/12/2010 |
|
|
SANGHAVI JEWELS BVBA |
31/12/2010 |
|
|
CAMEA BVBA |
31/12/2008 |
|
|
SANKALP DIAM BVBA |
31/12/2010 |
|
|
SUNSTAR BVBA |
31/12/2010 |
|
|
DHARM DIAM BVBA |
31/12/2010 |
|
|
ALISAR GEMS BVBA |
31/12/2010 |
|
|
CHINTAN GEMS BVBA |
30/06/2011 |
|
|
MUNIC JEWELS BVBA |
31/12/2010 |
|
|
NOUR DIAM NV |
31/12/2010 |
|
|
ENVY EBVBA |
31/12/2010 |
|
|
DIANISH JEWELS BVBA |
31/12/2010 |
|
|
ELÉGANCE JEWELLERY BVBA |
31/12/2010 |
|
|
SEMERCIYAN KIRKOR |
- |
|
|
KHALIL NABIL |
- |
|
|
JOGANI ARUN JAYANTILAL |
- |
|
|
TENENBAUM EFRAÏM |
- |
|
|
BIBRING KARNI |
- |
|
|
CUYPERS CHRISTEL |
- |
|
|
KORN LAURENT |
- |
|
|
MIRACLE BVBA |
31/12/2009 |
|
|
MOXDIAM BVBA |
31/12/2010 |
|
|
COMINGEMS BVBA |
- |
|
|
GREEN SOLAR BVBA |
31/03/2011 |
|
|
FIRE STONE BVBA |
31/12/2010 |
|
|
MUNIC SOURCING NV |
31/12/2010 |
|
|
CONCEPT DIAMONDS BVBA |
31/12/2010 |
|
|
KALP DIAMONDS BVBA |
- |
|
|
ARJUDIAM BVBA |
- |
|
|
GITANJALI RESOURCES BVBA |
- |
|
|
SHANKAR (EUROPE) BVBA |
- |
|
|
ZAIDAN GEMS BVBA |
- |
|
|
DB EUROPEAN SALES BVBA |
- |
|
|
KP SANGHVI EUROPE BVBA |
- |
|
|
V.M.E. HOVENIERSSTRAAT 30
PRF-INTRPRF VEN. |
- |
|
|
BEL-AR DIAMONDS BVBA |
31/12/2010 |
|
|
PROTEA GEM DIAMONDS
JEWELRY BVBA |
31/12/2010 |
|
|
LUCKY DIAMONDS BVBA |
31/12/2010 |
|
|
JEWEL GOLDI BVBA |
31/12/2010 |
|
|
BLUE ICE BVBA |
31/12/2010 |
|
|
JEWELS ERA BVBA |
31/12/2010 |
|
|
IN VEREFFENING BVBA |
31/12/2010 |
|
|
CIEMME BVBA |
31/03/2011 |
|
|
VEERA DIMON BVBA |
31/12/2010 |
|
|
D.N. INTERNATIONAL BVBA |
31/03/2011 |
|
|
DIAMBEL JEWELLERY BVBA |
31/12/2010 |
|
|
DERCO MANUFACTURING BVBA |
31/12/2006 |
|
|
AMAZING DIAMONDS BVBA |
31/12/2010 |
|
|
R.D. DIAMONDS IN
VEREFFENING BVBA |
31/12/2010 |
|
|
VEEDIAM BVBA |
31/12/2010 |
|
|
A.C. JEWELS BVBA |
31/03/2011 |
|
|
AARYAA DIMON BVBA |
31/12/2010 |
|
|
PARV BVBA |
31/12/2010 |
|
|
REGAL INVESTMENTS II NV |
31/12/2010 |
|
|
VENUS JEWEL (BELGIUM)
BVBA |
31/12/2009 |
|
|
ENCHANTE FINE JEWELRY
BELGIUM BVBA |
31/12/2010 |
|
|
VME GEB ANTWERPEN
HOVENIERSSTRAAT 30-38 VME |
- |
|
|
WORLD SHINER BELGIUM BVBA |
31/12/2010 |
|
|
SNP CREATIONS IN
VEREFFENING BVBA |
31/12/2009 |
|
|
NISHANT GEMS BVBA |
31/12/2010 |
|
|
SPARKLE JEWELLERY
(BELGIUM) BVBA |
31/12/2010 |
|
|
ALIZA IN VEREFFENING BVBA |
30/06/2008 |
|
|
SHINING STAR BVBA |
31/12/2010 |
|
|
V3-GEMS BVBA |
31/12/2010 |
|
|
SE EGON JEWELLERY |
- |
|
|
VICTOR DIAMONDS BVBA |
31/12/2010 |
|
|
DIAMOND MINES BVBA |
31/12/2010 |
|
|
BELLATAIRE BVBA |
31/05/2011 |
|
|
DE TOLEDO DIAMONDS
INTERNATIONAL BVBA |
31/12/2010 |
|
|
SHESHIL DIAM BVBA |
31/12/2009 |
|
|
ALLURE DIAM BVBA |
31/12/2010 |
|
|
FIBERIC BVBA |
31/12/2010 |
|
|
V.R. DIAMONDS BVBA |
31/12/2010 |
|
|
SAMDIMON JEWELLERY BVBA |
31/12/2010 |
|
|
KALPATARU BVBA |
31/12/2010 |
|
|
G. DIAM BVBA |
31/12/2010 |
|
|
SHOWBIZZ DIAMONDS BVBA |
- |
|
|
D.N. JEWELS ANTWERP BVBA |
30/06/2011 |
|
|
SUN & MOON GEMS BVBA |
31/12/2010 |
|
|
DIAMOND ASSESSMENT BVBA |
31/12/2010 |
|
|
RIWAGEM BVBA |
31/12/2010 |
|
|
BHANSALI DIAMONDS N.V. NV |
31/12/2010 |
|
|
T.J. DIAMONDS BVBA |
31/12/2010 |
|
|
HED DIAMONDS BVBA BVBA |
31/12/2010 |
|
|
STONEWORKS (ANTWERP) BVBA |
30/06/2009 |
|
|
BHP BILLITON PETROLEUM
LTD |
- |
|
|
LOKKA SUITES BVBA |
31/12/2010 |
|
|
SHANE BVBA |
31/12/2010 |
|
|
SHANE CREATIONS IN
VEREFFENING BVBA |
31/12/2010 |
|
|
H.V.DIAM BVBA |
31/12/2010 |
|
|
DIASQUA EUROPE BVBA |
31/12/2010 |
|
|
HOLLANDER & SONS BVBA |
31/12/2009 |
|
|
BHP MINERALS EUROPE LTD |
- |
|
|
NAMGEM TRADING BVBA |
31/05/2011 |
|
|
S.V. DIAM IN VEREFFENING
BVBA |
- |
|
|
S. VINODKUMAR (EUROPE)
SALES BVBA |
31/12/2010 |
NOTES
& COMMENTS
Na
DIAMOND INDUSTRY –
INDIA
-
From time immemorial, India is well known in the world as the birthplace
for diamonds. It is difficult to trace the origin of diamonds but history
says that in the remote past, diamonds were mined only in India. Diamond
production in India can be traced back to almost 8th Century B.C.
India, in fact, remained undisputed leader till 18th Century
when Brazilian fields were discovered in 1725 followed by emergence of S.
Africa, Russia and Australia.
-
The achievement of the Indian diamond industry was possible only due to
combination of the manufacturing skills of the Indian workforce and the
untiring and unflagging efforts of the Indian diamantaires, supported by
progressive Government policies.
-
The area of study of family owned diamond businesses derives its
importance from the huge conglomerate of family run organizations which operate
in the diamond industry since many generations.
-
Some of the basic traits of family run business enterprises include
spirit of entrepreneurship, mutual trust lowers transaction costs, small,
nimble and quick to react, information as a source of advantage and
philanthropy.
-
Family owned diamond businesses need to improve on many fronts including
higher standard of corporate governance, long-term performance – focused
strategies, modern management and technology.
-
The diamond jewellery industry in India today may be more than Rs 60000
mil and is rated amongst the fastest growing in the world. Indi ranks
third in the world in domestic diamond consumption.
-
Utmost caution is to be exercised while dealing with some medium and
large diamond traders which are usually engaged in fictitious import – export,
inter-company transactions, financially assisted by banks. In the process,
several public sector banks lost several hundred million rupees. They mostly
diverted borrowed money for diamond business into real estate and capital
markets.
-
Excerpts from Times of India dated 30th October 2010 is as
under –
DIAMOND SAGA – DIRTY DOZEN STUCK WITH 2K CR DEBT
This could be the biggest credibility crisis
the Indian diamond industry has ever faced. Fifteen banks run the risk of
losing Rs 2000 crore lent to a dozen diamond firms in Surat. Until about two
months ago, they had not repaid these dues. Bankers believe many
diamantaires borrowed money during the economic downturn two years ago and
diverted funds to businesses like real estate and capital markets. Many of
themselves made money from these businesses but their diamond companies have
gone sick and declared insolvency.
-
Most of the money borrowed from the banks in the name of their diamond
business has been diverted in real estate and the share market. The banks are
not in a position to seize their properties because in many cases, these were
purchased in the name of their relatives and friends.
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.49.35 |
|
UK Pound |
1 |
Rs.78.68 |
|
Euro |
1 |
Rs.65.63 |
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.