MIRA INFORM REPORT

Report Date :

28.08.2013

IDENTIFICATION DETAILS

Name :	SARL SEBB BOULDOIRES BIJOUTIERS
Registered Office :	48 Av Du Lioran 15100 Saint Flour
Country :	France
Financials (as on) :	31.12.2012
Date of Incorporation :	November 1994
Com. Reg. No.:	RCS Aurillac 0 398 976 415
Legal Form :	Limited Liability Company
Line of Business :	Retail sale of watches and jewelery in specialized stores
No. of Employees :	100 to 199 employees

RATING & COMMENTS

MIRA’s Rating :

Ba

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

Status :	Satisfactory
Payment Behaviour :	No Complaints
Litigation :	Clear

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 – March 31^st, 2013

Country Name	Previous Rating (31.12.2012)	Current Rating (31.03.2013)
France	A1	A1

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

FRANCE - ECONOMIC OVERVIEW

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With at least 79 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that reduce income disparity and the impact of free markets on public health and welfare. France's real GDP contracted 2.6% in 2009, but recovered somewhat in 2010 and 2011, before stagnating in 2012. The unemployment rate increased from 7.4% in 2008 to 10.3% in 2012. Youth unemployment shot up to 24.2% during the third quarter of 2012 in metropolitan France. Lower-than-expected growth and high unemployment costs have strained France's public finances. The budget deficit rose sharply from 3.4% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4.8% of GDP in 2012, while France's public debt rose from 68% of GDP to 90% over the same period. Under President SARKOZY, Paris implemented some austerity measures to bring the budget deficit under the 3% euro-zone ceiling by 2013 and to highlight France's commitment to fiscal discipline at a time of intense financial market scrutiny of euro-zone debt. Socialist Party candidate Francois HOLLANDE won the May 2012 presidential election, after advocating pro-growth economic policies, the separation of banks' traditional deposit taking and lending activities from more speculative businesses, increasing the top corporate and personal tax rates, and hiring an additional 60,000 teachers during his five-year term. The government's attempt to introduce a 75% wealth tax on income over one million euros for two years was struck down by the French Constitutional Council in December 2012 because it applied to individuals rather than households. France ratified the EU fiscal stability treaty in October 2012 and HOLLANDE's government has maintained France's commitment to meeting the budget deficit target of 3% of GDP during 2013 even amid signs that economic growth will be lower than the government's forecast of 0.8%. Despite stagnant growth and fiscal challenges, France's borrowing costs declined during the second half of 2012 to euro-era lows.

Source : CIA

Company name and address

Top of Form

Name SARL SEBB SIRET 398 976 415 00461

Personal comment

company summary

		EUR VAT Number	FR85398976415
Activity (APE)	Retail sale of watches and jewelery in specialized stores (4777Z)	Legal form	Limited Liability Company
Phone		RCS Registration	RCS Aurillac 0 398 976 415
Fax		Share capital	182,960 Euros
Address	SARL SEBB BOULDOIRES BIJOUTIERS 48 AV DU LIORAN 15100 SAINT FLOUR	Incorporated Date	11/1994
Nationality	France	Status	Economically active

No social security and tax office preferential right to date

Ultimate Holding Company
Company Name	Company number
BALBOUL	351413729

Current Directors

1

Trading to Date	12/31/2012	12/31/2011	12/31/2010
Turnover	21,013,472 €	19,088,888 €	16,218,476 €
Gross Operating Surplus	2,72 % Turnover	3,58 % Turnover	3,55 % Turnover
Shareholders’ equity	932,420 €	906,856 €	778,249 €
Net result	25,690 €	23,954 €	17,075 €
Employees	100 to 199 employees	-	-

company details

Company details

Activity (APE)	Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)
RCS Registration	RCS Aurillac 0 398 976 415	Share capital	182,960 Euros
Registration Court	Aurillac (15)	Legal form	Limited Liability Company
Court Registry Number	20 0 0B004	EUR VAT Number	FR85398976415
Incorporation Date	11/1994	Formation Date	12/1994
Deregistration Date		Last account Date	31/12/2012
Nationality	France

Ultimate Parent

1 ultimate parent company for this company >  BALBOUL  - Commerce de gros (commerce interentreprises) d'articles d'horlogerie et de bijouterie (4648Z)  in EVREUX  (27000)

Establishment details

Activity (APE)	Activités des sièges sociaux (7010Z)	Business Pages FT®	BIJOUTERIE JOAILLERIE MATERIEL FOURNITURE
Postal Address	SARL SEBB BOULDOIRES BIJOUTIERS 48 AV DU LIORAN 15100 SAINT FLOUR	Trading Address	48 AVENUE DU LIORAN 15100 SAINT FLOUR
Telephone
Fax

Type	Secondary establishment	Status	Economically active
Formation Date	07/2011	Reason for formation	N/R
Closure Date		Reason for closure
Reactivation Date		Production Role
Activity Nature		Activity Location
Location surface		Seasonality

Department		Region	Auvergne
District		Area
City	SAINT FLOUR	Size of urban area

Other establishments

Branches	47 branch entities in this company
Head office	> SARL SEBB <<<  - Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)  in SAINT FLOUR  (15100)
Secondary establishments	>  SARL SEBB  - Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)  in LUCE  (28110) >  SARL SEBB  - Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)  in ILLKIRCH GRAFFENSTADEN  (67400) >  SARL SEBB  - Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)  in ISSOIRE  (63500) >  SARL SEBB  - Commerce de détail d'articles d'horlogerie et de bijouterie en magasin spécialisé (4777Z)  in BRIOUDE  (43100) > ...

Regionality	Legal unit with multiple establishments in many areas but no one grouping more than 50% of workforce
Mono-activity status	Legal unit with multiple establishments having main activities in many divisions, which one activity grouping from 80 to 99% of workforce

Workforces

Workforce at address

3 to 5 employees

Company workforce

100 to 199 employees

accounts

Active Account |  Passive Account |  Account Results

Synthesized Accounts

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Annual Accounts	31/12/2012	31/12/2011	31/12/2010
Account period (month)	12	12	12
Account Type	Normal	Normal	Normal
Deposit date	13/08/2013	13/11/2012	12/01/2012
Activity Code	4777Z	4777Z	4777Z
Employees	230	0	141

Active account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Capital not called	0	0%	0	0%	0	0	0%
Total fixed assets	12 710 356	14,0%	11 146 037	20,8%	9 230 539	87 442	14435,8%
- Intangible assets	9 026 200	16,2%	7 767 058	12,1%	6 929 215	53 804	16676,1%
- Tangible assets	3 263 829	7,4%	3 037 730	51,9%	2 000 269	13 228	24573,6%
- Financial assets	421 612	23,1%	342 534	13,3%	302 340	1 483	28329,7%
Net current assets	9 654 458	5,5%	9 149 693	27,0%	7 205 719	220 569	4277,1%
- Stocks	7 436 946	2,9%	7 230 085	19,7%	6 037 837	140 383	5197,6%
- Advanced payments	50 310	5,5%	0	0%	21 855	0	0%
- Receivables	1 746 034	15,2%	1 515 957	81,3%	836 144	11 938	14525,9%
- Securities and cash	421 168	4,3%	403 651	30,3%	309 880	24 635	1609,6%
- Prepaid expenses	-	-	-	-	-	1 185	-
Accounts of regularization	0	0%	0	0%	0	0	0%
Total Assets	22 364 814	10,2%	20 295 730	23,5%	16 436 259	326 713	6745,4%

Passive Account

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Shareholders' equity	932 420	2,8%	906 856	16,5%	778 249	123 944	652,3%
Share capital	182 960	0%	182 960	0,0%	182 961	10 000	1729,6%
Other capital resources	0	0%	0	0%	0	0	0%
Risk Provisions	0	0%	0	0%	0	0	0%
Liabilities	21 432 392	10,5%	19 388 871	23,8%	15 658 012	169 786	12523,2%
- Financial liabilities	14 495 055	19,3%	12 154 619	10,9%	10 964 753	67 303	21437,0%
- Advanced payments received	332 016	50,0%	221 349	6,7%	207 529	0	0%
- Trade account payables	4 261 995	0,1%	4 258 967	62,7%	2 617 128	32 861	12869,8%
- Tax and social liabilities	2 270 146	-10,5%	2 535 177	41,7%	1 789 430	28 246,50	7936,9%
- Other debts and fixed assets liabilities	73 180	-66,0%	214 979	171,5%	79 172	4 518	1519,7%
Account regularization	0	0%	3 780	0%	0	0	0%
Total liabilities	22 364 812	10,2%	20 295 727	23,5%	16 436 259	326 712	6745,4%

Results

Annual Accounts	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Sales of Goods	21 238 530	11,0%	19 129 994	17,5%	16 285 217	356 720	5853,8%
Net turnover	21 013 472	10,1%	19 088 888	17,7%	16 218 476	350 982	5887,1%
- of which net export turnover	0	0%	0	0%	0	0	0%
Operating charges	21 101 686	11,3%	18 967 690	17,5%	16 149 018	333 084	6235,2%
Operating profit/loss	136 844	-15,7%	162 304	19,2%	136 199	19 612	597,8%
Financial income	48	380,0%	10	-58,3%	24	06	700%
Financial charges	96 863	15,5%	83 828	10,6%	75 775	2 275	4157,7%
Financial profit/loss	-96 814	-15,5%	-83 818	-10,6%	-75 751	-1 703	-5584,9%
Pretax net operating income	40 029	-49,0%	78 486	29,8%	60 448	16 929	136,5%
Extraordinary income	27 543	7,0%	25 737	130,3%	11 176	0	0%
Extraordinary charges	22 893	-61,2%	58 964	13,4%	51 998	62	36824,2%
Extraordinary profit/loss	4 650	114,0%	-33 227	18,6%	-40 822	0	0%
Net result	25 690	7,2%	23 954	40,3%	17 075	15 047	70,7%

Display parameter
Currency	Euro	Kilo Euro

Normal Account	31/12/2012	31/12/2011	31/12/2010
Months	12	12	12

Accounts - Active
Current Assets |  Equalization accounts |  Reference

Grand Total - Passive Accounts (I to IV)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to VI)	Net	22 364 814	10,2%	20 295 730	23,5%	16 436 259
Gross	CO	26 251 602	10,8%	23 696 002	22,4%	19 363 568
Amortisation	1A	3 886 788	14,3%	3 400 272	16,2%	2 927 309

Non declared distributed capital (I)

		31/12/2012		31/12/2011		31/12/2010
Non declared distributed capital (I)	AA3	0	0%	0	0%	0
Gross	AA	0	0%	0	0%	0

Active fixed asset (II)

		31/12/2012		31/12/2011		31/12/2010
Total Active fixed asset (II)	Net	12 710 356	14,0%	11 146 037	20,8%	9 230 539
Gross	BJ	16 597 144	14,1%	14 546 309	19,6%	12 157 846
Amortisation	BK	3 886 788	14,3%	3 400 272	16,2%	2 927 307

Intangilble fixed assets

			31/12/2012		31/12/2011		31/12/2010
	Start-up cost	Net	1 285	0%	1 285	0%	1 285
	Gross	AB	1 285	0%	1 285	0%	1 285
	Amortisation	AC	1 285	0%	1 285	0%	1 285
	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	16 428	263,0%	4 526	210,2%	1 459
	Gross	AF	51 688	58,3%	32 658	21,5%	26 871
	Amortisation	AG	35 260	25,3%	28 132	10,7%	25 412
	Goodwill	Net	7 733 786	19,2%	6 486 546	0,3%	6 467 036
	Gross	AH	7 733 786	19,2%	6 486 546	0,3%	6 467 036
	Amortisation	AI	0	0%	0	0%	0
	Other intangible fixed assets	Net	1 274 701	0%	1 274 701	177,4%	459 435
	Gross	AJ	1 274 701	0%	1 274 701	177,4%	459 435
	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	9 026 200	16,2%	7 767 058	12,1%	6 929 215

Tangilble fixed assets

		31/12/2012		31/12/2011		31/12/2010
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	25 228	98,1%	12 738	-40,3%	21 337
Gross	AR	247 500	8,7%	227 720	4,2%	218 629
Amortisation	AS	222 272	3,4%	214 982	9,0%	197 292
Other tangible fixed assets	Net	3 238 601	7,1%	3 024 992	52,9%	1 978 932
Gross	AT	6 866 572	11,1%	6 180 865	32,0%	4 682 250
Amortisation	AU	3 627 971	15,0%	3 155 873	16,7%	2 703 318
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	3 263 829		3 037 730		2 000 269

Financial assets

		31/12/2012		31/12/2011		31/12/2010
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	472	0%	472	0%	472
Gross	CU	472	0%	472	0%	472
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	421 140	23,1%	342 062	13,3%	301 868
Gross	BH	421 140	23,1%	342 062	13,3%	301 868
Amortisation	BI	0	0%	0	0%	0
Sub Total Financial Assets		421 612		342 534		302 340

Current Assets (III)

		31/12/2012		31/12/2011		31/12/2010
Total Assets	Net	9 654 458	5,5%	9 149 693	27,0%	7 205 719
Gross	CJ	9 654 458	5,5%	9 149 693	27,0%	7 205 719
Amortisation	CK	0	0%	0	0%	0

Stocks

		31/12/2012		31/12/2011		31/12/2010
Raw materials	Net	210 107	50,7%	139 379	10,5%	126 121
Gross	BL	210 107	50,7%	139 379	10,5%	126 121
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%	6 961 674	0%	0
Gross	BR	0	0%	6 961 674	0%	0
Amortisation	BS	0	0%	0	0%	0
Goods for resale	Net	7 226 839	5500,8%	129 032	-97,8%	5 911 716
Gross	BT	7 226 839	5500,8%	129 032	-97,8%	5 911 716
Amortisation	BU	0	0%	0	0%	0
Sub Total Stocks	Net	7 436 946	2,9%	7 230 085	19,7%	6 037 837

Advance payments to suppliers

		31/12/2012		31/12/2011		31/12/2010
Advance payments to suppliers	Net	50 310	0%	0	0%	21 855
Gross	BV	50 310	0%	0	0%	21 855
Amortisation	BW	0	0%	0	0%	0

Debtors

		31/12/2012		31/12/2011		31/12/2010
Trade accounts receivable	Net	4 590	-4,3%	4 797	-66,3%	14 227
Gross	BX	4 590	-4,3%	4 797	-66,3%	14 227
Amortisation	BY	0	0%	0	0%	0
Other debtors	Net	1 360 341	15,7%	1 175 566	116,8%	542 265
Gross	BZ	1 360 341	15,7%	1 175 566	116,8%	542 265
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	1 364 931	15,6%	1 180 363	112,1%	556 492

Divers

		31/12/2012		31/12/2011		31/12/2010
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	421 168	4,3%	403 651	30,3%	309 880
Gross	CF	421 168	4,3%	403 651	30,3%	309 880
Amortisation	CG	0	0%	0	0%	0
Sub Total Divers	Net	421 168	4,3%	403 651	30,3%	309 880

Prepaid expenses

		31/12/2012		31/12/2011		31/12/2010
Prepaid expenses	Net	381 103	13,6%	335 594	20,0%	279 652
Gross	CH	381 103	13,6%	335 594	20,0%	279 652
Amortisation	CI	0	0%	0	0%	0

Equalization accounts (IV to VI)

		31/12/2012		31/12/2011		31/12/2010
Multi-period charges	CW3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Premiums on redemption of bonds	CM3	0	0%	0	0%	0
Gross		0	0%	0	0%	0
Currency differential gain	CN3	0	0%	0	0%	0
Gross		0	0%	0	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
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)

		31/12/2012		31/12/2011		31/12/2010
Grand Total (I to V)	EE	22 364 812	10,2%	20 295 727	23,5%	16 436 259

Shareholder Equity (I)

		31/12/2012		31/12/2011		31/12/2010
Total shareholders' equity (Total I)	DL	932 420	2,8%	906 856	16,5%	778 249
Equity and shareholders' equity	DA	182 960	0%	182 960	0,0%	182 961
Issue and merger premiums	DB	376 042	0%	376 042	0%	376 042
Revaluation differentials	DC	207 257	0%	207 257	102,9%	102 156
Of which equity differential	EK	0	0%	0	0%	102 156
Legal reserve	DD	7 408	19,3%	6 210	15,9%	5 357
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	133 063	20,6%	110 306	17,2%	94 085
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	25 690	7,2%	23 954	40,3%	17 076
Investment grants	DJ	0	0%	0	0%	0
Special tax-allowable reserves	DK	0	0%	127	-77,8%	572

Other capital resources (II)

		31/12/2012		31/12/2011		31/12/2010
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)

		31/12/2012		31/12/2011		31/12/2010
Total provisions for risks and charges (Total III)	DR	0	0%	0	0%	0
Risk provisions	DP	0	0%	0	0%	0
Reserves for charges	DQ	0	0%	0	0%	0

Liabilities (IV)

		31/12/2012		31/12/2011		31/12/2010
Total Liabilities (Total IV)	EC	21 432 392	10,5%	19 388 871	23,8%	15 658 012
Convertible debentures	DS	0	0%	0	0%	0
Other debentures	DT	0	0%	0	0%	0
Bank loans and liabilities	DU	4 204 701	19,5%	3 518 249	35,4%	2 598 181
Sundry loans and financial liabilities	DV	10 290 354	19,2%	8 636 370	3,2%	8 366 572
Of which participating loans	EI	0	0%	0	0%	0
Advance payments received for current orders	DW	332 016	50,0%	221 349	6,7%	207 529
Trade accounts payables	DX	4 261 995	0,1%	4 258 967	62,7%	2 617 128
Tax and social security liabilities	DY	2 270 146	-10,5%	2 535 177	41,7%	1 789 430
Fixed asset liabilities	DZ	73 180	-64,4%	205 281	159,3%	79 172
Other debts	EA	0	0%	9 698	0%	0

Translation loss (V)

		31/12/2012		31/12/2011		31/12/2010
Translation loss (Total V)	ED	0	0%	0	0%	0

Equalization accounts

		31/12/2012		31/12/2011		31/12/2010
Deferred income	EB	0	0%	3 780	0%	0

References

		31/12/2012		31/12/2011		31/12/2010
Of which tax-allowable reserve	EF	0	0%	0	0%	0
Deferred income and liabilities	EG	18 480 591	0%	0	0%	13 667 267
Of which current bank facilities	EH	332 324	11,4%	298 242	26,7%	235 375

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)

		31/12/2012		31/12/2011		31/12/2010
Operating result (Total I-II)	GG	136 844	-15,7%	162 304	19,2%	136 199

2 - Financial result (V - VI)

		31/12/2012		31/12/2011		31/12/2010
Financial result (Total V-VI)	GV	-96 814	-15,5%	-83 818	-10,6%	-75 751

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

		31/12/2012		31/12/2011		31/12/2010
Pre-tax net operating income (Total I-II+II-IV+V-VI)	GW	40 029	-49,0%	78 486	29,8%	60 448

4 - Extraordinary result (VII-VIII)

		31/12/2012		31/12/2011		31/12/2010
Extraordinary result (Total VII-VIII)	HI	4 650	114,0%	-33 227	18,6%	-40 822

Profit or loss

		31/12/2012		31/12/2011		31/12/2010
Profit or loss	HN	25 690	7,2%	23 954	40,3%	17 075

Total Income (I+III+V+VII)

		31/12/2012		31/12/2011		31/12/2010
Total Income (I+III+V+VII)	HL	21 266 121	11,0%	19 155 741	17,5%	16 296 417

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

		31/12/2012		31/12/2011		31/12/2010
Total charges (Total II+IV+VI+VIII+IX+X)	HM	21 240 431	11,0%	19 131 785	17,5%	16 279 339

Operating income (I)

		31/12/2012		31/12/2011		31/12/2010
Total operating income (Total I)	FR	21 238 530	11,0%	19 129 994	17,5%	16 285 217

Operating income (details)

		31/12/2012		31/12/2011		31/12/2010
Sale of goods for resale	FC	21 013 472	10,1%	19 088 888	17,7%	16 218 476
France	FA	21 013 472	10,1%	19 088 888	17,7%	16 218 476
Export	FB	0	0%	0	0%	0
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	0	0%	0	0%	0
France	FG	0	0%	0	0%	0
Export	FH	0	0%	0	0%	0
Net turnover	FL	21 013 472	10,1%	19 088 888	17,7%	16 218 476
France	FJ	21 013 472	10,1%	19 088 888	17,7%	16 218 476
Export	FK	0	0%	0	0%	0
Stocked production	FM	0	0%	0	0%	0
Self-constructed assets	FN	0	0%	0	0%	0
Operating grants	FO	9 000	25,0%	7 200	0%	0
Release of reserves and provisions	FP	215 949	539,2%	33 785	-49,4%	66 717
Other income	FQ	108	-10,7%	121	404,2%	24

Operating charges (II)

		31/12/2012		31/12/2011		31/12/2010
Total operating charges (Total II)	GF	21 101 686	11,3%	18 967 690	17,5%	16 149 018

Exploitation charges

		31/12/2012		31/12/2011		31/12/2010
Purchase of goods for resale	FS	8 965 779	4,6%	8 574 459	36,8%	6 268 015
Change in stocks of goods for resale	FT	-265 165	70,2%	-889 382	-363,0%	338 130
Purchase of raw materials	FU	177 840	-5,4%	188 012	106,4%	91 107
Change in stocks of raw materials	FV	-70 727	-433,5%	-13 258	-2,2%	-12 968
Other external purchases and charges	FW	5 398 709	4,8%	5 150 718	16,1%	4 437 707
Tax, duty and similar payments	FX	400 645	28,2%	312 445	11,8%	279 491
Payroll	FY	4 420 631	13,5%	3 894 834	20,4%	3 236 135
Social security costs	FZ	1 422 154	19,0%	1 194 768	18,9%	1 004 667

Depreciation

		31/12/2012		31/12/2011		31/12/2010
Depreciation of fixed assets	GA	651 132	19,2%	546 376	11,6%	489 774
Amortisation of fixed assets	GB	0	0%	0	0%	0
Depreciation/amortisation of current assets	GC	0	0%	0	0%	0
Provisions for risks and charges	GD	0	0%	0	0%	0

Other charges

		31/12/2012		31/12/2011		31/12/2010
Other charges	GE	684	-92,2%	8 718	-48,6%	16 960

Operating charges (III-IV)

		31/12/2012		31/12/2011		31/12/2010
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)

		31/12/2012		31/12/2011		31/12/2010
Total financial income (Total V)	GP	48	380,0%	10	-58,3%	24
Share financial income	GJ	0	0%	0	0%	0
Other investment income & capitalised receivables	GK	0	0%	0	0%	24
Other interest and similar income	GL	48	380,0%	10	0%	0
Released provisions and transferred charges	GM	0	0%	0	0%	0
Exchange gains	GN	0	0%	0	0%	0
Net income from disposal of investment securities	GO	0	0%	0	0%	0

Financial Charge (VI)

		31/12/2012		31/12/2011		31/12/2010
Total financial charge (Total VI)	GU	96 863	15,5%	83 828	10,6%	75 775
Financial reserves and provisions	GQ	0	0%	0	0%	0
Interest and similar charges	GR	96 863	15,5%	83 828	10,6%	75 775
Exchange losses	GS	0	0%	0	0%	0
Net loss from disposal of investment securities	GT	0	0%	0	0%	0

Extraordinary income (VII)

		31/12/2012		31/12/2011		31/12/2010
Total extraordinary income (Total VII)	HD	27 543	7,0%	25 737	130,3%	11 176
Extraordinary operating income	HA	27 416	12,9%	24 294	122,4%	10 922
Extraordinary income from capital transactions	HB	0	0%	1 000	0%	0
Released provisions and transferred charges	HC	127	-71,3%	443	74,4%	254

Extraordinary charges (VIII)

		31/12/2012		31/12/2011		31/12/2010
Total extraordinary charges (Total VIII)	HH	22 893	-61,2%	58 964	13,4%	51 998
Extraordinary operating charges	HE	16 667	158,7%	6 443	340,1%	1 464
Extraordinary charges from capital transactions	HF	6 226	-88,1%	52 521	4,2%	50 405
Extraordinary reserves and provisions	HG	0	0%	0	0%	129

Employee profit sharing (IX)

		31/12/2012		31/12/2011		31/12/2010
Employee profit sharing (Total IX)	HJ	0	0%	0	0%	0

Tax on profits (X)

		31/12/2012		31/12/2011		31/12/2010
Tax on profits (Total X)	HK	18 989	-10,9%	21 303	736,1%	2 548

References

		31/12/2012		31/12/2011		31/12/2010
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	215 949	0%	0	0%	66 717
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 incomes 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)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	OG	0	0%	0	0%	0
Increasess due to revaluation	OH	0	0%	0	0%	0
Decreasess, acquisitions, creations, contributions	OJ	0	0%	0	0%	0
Decreasess by budget item transfer	OK1	0	0%	0	0%	0
Decreasess by transfers	OK2	170 842	-30,5%	245 921	92,8%	127 521
Gross value at the end of period	OL	16 597 143	14,1%	14 546 310	19,6%	12 157 849

Research and development Charge (Total I)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	CZ	1 285	0%	1 285	-0,1%	1 286
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	1 285	0%	1 285	-0,1%	1 286

Other budget item from Intangible fixed assets (Total II)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	KD	7 793 906	12,1%	6 953 343	7,3%	6 480 353
Increasess due to revaluation	KE	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	KF	1 266 270	45,4%	871 053	81,8%	479 228
Decreasess by budget item transfer	LV1	0	0%	0	0%	0
Decreasess by transfers	LV2	0	0%	30 489	388,8%	6 238
Gross value at the end of period	LW	9 060 176	16,2%	7 793 907	12,1%	6 953 343

Tangible fixed assets (Total III)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LN	6 408 584	30,8%	4 900 877	14,4%	4 282 637
Increasess due to revaluation	LO	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LP	876 329	-49,1%	1 723 140	133,3%	738 469
Decreasess by budget item transfer	NG1	0	0%	0	0%	0
Decreasess by transfers	NG2	170 842	-20,7%	215 432	79,2%	120 227
Gross value at the end of period	NH	7 114 071	11,0%	6 408 585	30,8%	4 900 879

Fiancial assets (Total IV)

		31/12/2012		31/12/2011		31/12/2010
Gross value at begin of period	LQ	342 534	13,3%	302 340	14,4%	264 343
Increasess due to revaluation	LR	0	0%	0	0%	0
Increasess, acquisitions, creations, contributions	LS	79 077	96,7%	40 193	2,9%	39 055
Decreasess by budget item transfer	NJ1	0	0%	0	0%	0
Decreasess by transfers	NJ2	0	0%	0	0%	1 056
Gross value at the end of period	NK	421 611	23,1%	342 533	13,3%	302 342

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

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	0N	0	0%	0	0%	0
Increases		0P	0	0%	0	0%	0
Decreasess		0Q	0	0%	0	0%	0
	Reserve for depreciation value at the end of period	0R	0	0%	0	0%	0

Research and development charge (Total I)

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	PE	28 132	10,7%	25 412	4,7%	24 268
Increases		PF	7 128	162,2%	2 719	134,0%	1 162
Decreasess		PG	0	0%	0	0%	17
	Decreasess by budget item transfer	PH	35 260	25,3%	28 131	10,7%	25 413

Total fixed assets amotisation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	Reserve for depreciation value at begin of period	QU	3 370 854	16,2%	2 900 608	16,6%	2 488 041
Increases		QV	644 002	-3,0%	663 646	35,8%	488 612
Decreases		QW	164 615	-14,9%	193 401	154,3%	76 042
	Decreasess by budget item transfer	QX	3 850 241	14,2%	3 370 853	16,2%	2 900 611

Movements during period affecting charge allocated over several period

Charges à répartir ou frais d'émission d'emprunt

			31/12/2012		31/12/2011		31/12/2010
	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

			31/12/2012		31/12/2011		31/12/2010
	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	1 285	0%	1 285	-0,1%	1 286
	Net value at the end of period	SR	0	0%	0	0%	0

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

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	7C	0	0%	0	0%	0
Increases		UB	0	0%	0	0%	0
Decreases		UC	0	0%	0	0%	0
	Value at the end of period	UD	0	0%	0	0%	0

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)

			31/12/2012		31/12/2011		31/12/2010
	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)

			31/12/2012		31/12/2011		31/12/2010
	Value at begining of period	5Z	0	0%	0	0%	0
Increases		TV	0	0%	0	0%	0
Decreases		TW	0	0%	0	0%	0
	Value at the end of period	TX	0	0%	0	0%	0

Total Provision for depreciation (Total III)

			31/12/2012		31/12/2011		31/12/2010
	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

		31/12/2012		31/12/2011		31/12/2010
Gross value	VT	0	0%	0	0%	0
1 year at most	VU	0	0%	0	0%	0
More than one year	VV	0	0%	0	0%	0

State of loans

		31/12/2012		31/12/2011		31/12/2010
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	0	0%	0	0%	0
Other financial assets (1 year at most)	UV	0	0%	0	0%	0

Receivables statement of assets

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Prepaid	VS	0	0%	0	0%	0

State Debt

			31/12/2012		31/12/2011		31/12/2010
	Total debt (gross)	VY	0	0%	0	0%	0
1 year at most		VZ2	0	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

			31/12/2012		31/12/2011		31/12/2010
	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	0	0%	0	0%	0
1 year at most		VG2	0	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	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	0	0%	0	0%	0
1 year at most		8B2	0	0%	0	0%	0
More than 1 year and 5 years at most		8B3	0	0%	0	0%	0
	Personnel and associated accounts (gross)	8C1	0	0%	0	0%	0
1 year at most		8C2	0	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	0	0%	0	0%	0
1 year at most		8K2	0	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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Dividends	ZE	0	0%	0	0%	0

Commitments

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
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

		31/12/2012		31/12/2011		31/12/2010
Average number of employees	YP	230	0%	0	0%	141

Groups and Shareholders

		31/12/2012		31/12/2011		31/12/2010
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

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Fixed Asset Financing	1,14	2,7%	1,11	-6,7%	1,19	1,75	-34,9%
Global Debt	367 days	0,3%	366 days	5,2%	348 days	170 days	115,9%
Working Capital Fund overall net	41 days	32,3%	31 days	-39,2%	51 days	120 days	-65,8%
Financial independence	22,15%	-13,9%	25,74%	-13,9%	29,90%	290,83%	-92,4%
More ratios
Solvability	4,17%	-6,7%	4,47%	-5,5%	4,73%	41,95%	-90,1%
Capacity debt futures	%	-	%	-	%	850%	-
Coverage of current assets by net working capital overall	25,72%	40,2%	18,35%	-44,2%	32,88%	58,40%	-56,0%
General Liquidity		-		-		0,09	-
Restricted Liquidity		-		-		0,37	-

Management or rotation

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Need background in operating working capital	33 days	50,0%	22 days	-48,8%	43 days	78 days	-57,7%
Treasury	2 days	0%	2 days	0%	2 days	8 days	-75,0%
Inventory turnover of goods	299 days	4883,3%	6 days	-98,1%	322 days	357 days	-16,2%
Average length of credit granted to customers	0 days	0%	0 days	0%	0 days	1 days	0%
Average length of credit obtained suppliers	108 days	-8,5%	118 days	38,8%	85 days	51 days	111,8%
More ratios
Inventory turnover of raw materials in industrial enterprises	425 days	59,2%	267 days	-46,4%	498 days	0 days	0%
Inventory turnover of intermediate and finished products in the industrial enterprise	days	-	days	-	days	462 days	-
Rotation tangible assets	295,38%	-0,8%	297,86%	-10,0%	330,93%	432,33%	-31,7%

Profitability of the business

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Margin trading	58,60%	-1,9%	59,74%	0,8%	59,27	46,52%	26,0%
Profitability of the business	2,72	-24,0%	3,58	0,8%	3,55	7,01%	-61,2%
Net profit	0,12%	-7,7%	0,13%	18,2%	0,11%	4,30%	-97,2%
More ratios
Growth rate of turnover (excluding VAT)	10,08%	-43,1%	17,70%	1823,9%	0,92%	1,86%	441,9%
Rates integration	32,39%	1,7%	31,84%	1,3%	31,42%	32,12%	0,8%
Rate leasing furniture	0%	0%	0%	0%	0%	0%	0%
Work Factor	85,83%	2,5%	83,73%	0,6%	83,21%	68,82%	24,7%
Weight interests	0,46	4,5%	0,44%	-6,4%	0,47%	0,63%	-27,0%

Return on capital

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Cash flow from the overall profitability	3,25%	-0,3%	3,26%	-5,2%	3,44%	6,17%	-47,3%
Rates of economic profitability	4%	-20,0%	5%	0%	5%	11,18%	-64,2%
Financial profitability	932420%	2,8%	906856%	16,5%	778249%	72517%	1185,8%
Return on investment	0,79%	-4,8%	0,83%	5,1%	0,79%	8,37%	-90,6%

Display parameter
Currency	Euro	Kilo Euro
Comparison mode	Average	Median

Soldes Intermédiaires de Gestion

	31/12/2012		31/12/2011		31/12/2010	Sector Median 2012
Turnover	21 013 472	10,1%	19 088 888	17,7%	16 218 476	350 982 €	5887,1%

Sales of goods	21 013 472	10,1%	19 088 888	17,7%	16 218 476
- Purchase of goods	8 965 779	4,6%	8 574 459	36,8%	6 268 015
+/- Stock of goods variation	-265 165	70,2%	-889 382	-363,0%	338 130
Trading margin	12 312 858 €	8,0%	11 403 811 €	18,6%	9 612 331 €	151 560 €	8024,1%
	58,60 % CA	-1,9%	59,74 % CA	0,8%	59,27 % CA	46,60 % CA	25,8%

Sale of goods produced	0	0%	0	0%	0
+/- Stocked production	0	0%	0	0%	0
+ Self-constructed assets	0	0%	0	0%	0
Period production	0 €	0%	0 €	0%	0 €	23 860 €	0%
	0,00 % CA	0%	0,00 % CA	0%	0,00 % CA	8,12 % CA	0%

Trading margin	12 312 858	8,0%	11 403 811	18,6%	9 612 331	151 560	8024,1%
+ Period Production	0	0%	0	0%	0	23 860	0%
- Purchase of raw materials	177 840	-5,4%	188 012	106,4%	91 107
+/- Change in stocks of raw materiels	-70 727	-433,5%	-13 258	-2,2%	-12 968
- Other external purchases and charges	5 398 709	4,8%	5 150 718	16,1%	4 437 707
Added value	6 807 036 €	12,0%	6 078 339 €	19,3%	5 096 485 €	110 248 €	6074,3%
	32,39 % CA	1,7%	31,84 % CA	1,3%	31,42 % CA	32,12 % CA	0,8%

Added value	6 807 036 €	12,0%	6 078 339 €	19,3%	5 096 485 €	110 248 €	6074,3%
+ Operating grants	9 000	25,0%	7 200	0%	0
- Tax, duty and similar payments	400 645	28,2%	312 445	11,8%	279 491
- Personal charges	5 842 785	14,8%	5 089 602	20,0%	4 240 802
Gross operating surplus	572 606 €	-16,2%	683 492 €	18,6%	576 192 €	24 105 €	2275,5%
	2,72 % CA	-24,0%	3,58 % CA	0,8%	3,55 % CA	7,01 % CA	-61,2%

Gross operating surplus	572 606 €	-16,2%	683 492 €	18,6%	576 192 €	24 105 €	2275,5%
+ Release of reserves and provisions	215 949	539,2%	33 785	-49,4%	66 717
+ Other operating income	108	-10,7%	121	404,2%	24
- Depreciation/Amortisation	651 132	19,2%	546 376	11,6%	489 774
- Other charges	684	-92,2%	8 718	-48,6%	16 960
Operating result	136 847 €	-15,7%	162 304 €	19,2%	136 199 €	19 612 €	597,8%
	0,65 % CA	-23,5%	0,85 % CA	1,2%	0,84 % CA	5,70 % CA	-88,6%

Operating result	136 847 €	-15,7%	162 304 €	19,2%	136 199 €	19 612 €	597,8%
+/- Result of joint-venture transferred from/to other partners	0	0%	0	0%	0
+ Financial income	48	380,0%	10	-58,3%	24
- Financial charges	96 863	15,5%	83 828	10,6%	75 775
Pre-tax result	40 032 €	-49,0%	78 486 €	29,8%	60 448 €	16 929 €	136,5%
	0,19 % CA	-53,7%	0,41 % CA	10,8%	0,37 % CA	5,10 % CA	-96,3%

Extraordinary income	27 543	7,0%	25 737	130,3%	11 176	0	0%
- Extraordinary charges	22 893	-61,2%	58 964	13,4%	51 998
Extraordinary result	4 650 €	114,0%	-33 227 €	18,6%	-40 822 €	0 €	0%
	0,02 % CA	111,8%	-0,17 % CA	32,0%	0 % CA	0 % CA	0%

Pre-tax result	40 032 €	-49,0%	78 486 €	29,8%	60 448 €	16 929 €	136,5%
Extraordinary result	4 650 €	114,0%	-33 227 €	18,6%	-40 822 €	0 €	0%
- Employee profit sharing	0	0%	0	0%	0
- Tax on profits	18 989	-10,9%	21 303	736,1%	2 548
Net result	25 693 €	7,3%	23 956 €	40,3%	17 078 €	15 047 €	70,8%
	0,12 % CA	-7,7%	0,13 % CA	18,2%	0,11 % CA	4,31 % CA	-97,2%

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	09/06/2009
Status of Monitoring	No social security and tax office preferential right to date

Group data

Ultimate parent company	BALBOUL
Direct parent	BALBOUL - 98.43 %
Group – Number of companies	2
Linkages – Number of companies	-
Number of countries	-

Group Structure

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BALBOUL

Company Name	SIREN	Parts	Last account published
BALBOUL	351413729	-	31/12/2010
SARL SEBB	398976415	98.43%	31/12/2012

Shareholders

Type of shareholder

Shareholders

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Linkages

Ultimate parent company	BALBOUL
Direct parent	BALBOUL - 98.43 %
Group – Number of companies	2
Linkages – Number of companies	-
Number of countries	-

No Linkages information available for the company

event history

Status history

Date	Description
01/07/2011	Economically active

Recent publications in Gazettes

Publication date	Gazette Name	Description
18/07/2013	JAL	Activity or goodwill cession: Buyer
Courrier Economie (Le) Date de décision : 02/05/2013 Cédant : 420783102 - BRILLANCE, TURQUOISE, BD CHARLES DE GAULLE, CTRE COMMERCIAL CARREFOUR, 01000 BOURG EN BRESSE Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 380000 € Date d’effet : 02/05/2013
23/05/2013	JAL	Activity or goodwill cession: Buyer
Courrier Economie (Le) Date de décision : 02/05/2013 Cédant : 420783102 - BRILLANCE, TURQUOISE, BD CHARLES DE GAULLE, CTRE COMMERCIAL CARREFOUR, 01000 BOURG EN BRESSE Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 380000 € Date d’effet : 02/05/2013
14/12/2012	Bodacc A	Vente et cession : Acheteur
93 - SEINE-SAINT-DENIS GREFFE DU TRIBUNAL DE COMMERCE DE BOBIGNY 807 - 398 976 415 RCS Bobigny. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : 48 avenue du Lioran, 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce au prix stipulé de 560000 Euros. Etablissement : Etablissement secondaire. Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de Paris, transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse : Centre Commercial Paris Nord, 93600 Aulnay-sous-Bois. Précédent propriétaire : BIJOUTERIE BONHEUR PARIS NORD. 391 952 843 RCS Bobigny. Date de commencement de l’activité : 19/11/2012. Publication légale : Les Annonces de la Seine du 22/11/2012. Oppositions : Office Notarial 10 rue du Docteur Roux BP 155 93623 AULNAY SOUS BOIS CEDEX pour la validité et pour la correspondance Etude de Me REVET- FOSSET- BILBILLE- MAILLOT- CHICHI BP 155 10 rue DU DOCTEUR ROUX 93623 AULNAY SOUS BOIS CEDEX. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
10/12/2012	Bodacc C	Comptes annuels et rapports
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 1465 - 398976415 RCS. SEBB SARL. Forme : Société à Responsabilité Limitée. Adresse : 48 avenue du Lioran 15100 Saint-Flour. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.
22/11/2012	JAL	Activity or goodwill cession: Buyer
Annonces de la seine (Les) Date de décision : 16/11/2012 Cédant : 391952843 - BIJOUTERIE BONHEUR PARIS-NORD, CTRE COMMERCIAL PARINOR, LOT N 13, 93600 AULNAY SOUS BOIS Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 560000 € Date d’effet : 19/11/2012
04/11/2012	Bodacc A	Vente et cession : Acheteur
78 - YVELINES GREFFE DU TRIBUNAL DE COMMERCE DE VERSAILLES 765 - 398 976 415 RCS Versailles. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : 48 avenue du Lioran, 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce au prix stipulé de 310000 Euros. Etablissement : Etablissement complémentaire. Activité : achat vente entretien réparation rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux de Paris, transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse : 11 avenue Jean Jaurès, Centre Commercial Leclerc, 78390 Bois d'Arcy. Précédent propriétaire : ALAIN BELLOR. 414 692 673 RCS Paris. Date de commencement de l’activité : 19/09/2012. Publication légale : Les Annonces de la Seine du 27/09/2012. Oppositions : Au Mandataire Maître AUGEREAU HUE François 21 rue de la Division Leclerc BP 13 78460 Chevreuse pour la validité et pour la correspondance. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
27/09/2012	JAL	Activity or goodwill cession
Annonces de la seine (Les) Date de décision : 19/09/2012 Cédant : 414692673 - ALAIN BELLOR, 147 RUE DU TEMPLE, 75003 PARIS 3 Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 310000 € Date d’effet : 19/09/2012
01/08/2012	Bodacc A	Vente et cession : Acheteur
91 - ESSONNE GREFFE DU TRIBUNAL DE COMMERCE D'ÉVRY 1132 - 398 976 415 RCS Evry. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : 48 avenue du Lioran, 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce au prix stipulé de 475000 Euros. Etablissement : Etablissement complémentaire. Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de Paris, transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse : Centre Commercial du Val, d'Yerres, 91800 Boussy Saint-Antoine. Précédent propriétaire : DUBOIS BIJOUTERIE. 958 103 657 RCS Evry. Date de commencement de l’activité : 19/06/2012. Publication légale : Le Républicain du 28/06/2012. Oppositions : Au Mandataire SCP CADET SCHENCK ARMANDE 19 Rue de la Gare BP 6 - 91801 BRUNOY CEDEX pour la validité et pour la correspondance. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
28/06/2012	JAL	Activity or goodwill cession
Républicain de l'Essonne (Le) Date de décision : 19/06/2012 Cédant : 958103657 - DUBOIS BIJOUTERIE, 2 RUE GUINCHARD, 91290 ARPAJON Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 475000 € Date d’effet : 19/06/2012
08/06/2012	Bodacc A	Vente et cession : Acheteur
35 - ILLE-ET-VILAINE GREFFE DU TRIBUNAL DE COMMERCE DE RENNES 428 - 398 976 415 RCS Rennes. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : 48 avenue du Lioran, 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce au prix stipulé de 272000 Euros. Etablissement : Etablissement secondaire. Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de Paris, transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse : rue de la Baratière, Centre Commercial Intermarché, 35500 Vitre. Précédent propriétaire : BIJOUTERIE GILLMANN. 379 644 180 RCS Lorient. Date de commencement de l’activité : 01/04/2012. Publication légale : Les Petites Affiches de Bretagne du 06/04/2012. Oppositions : Etude de Me CHAUDET, La Trémoïlle, BP 30204 35502 VITRE Cedex pour la validité et pour la correspondance. Descriptif : . Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
06/05/2012	Bodacc A	Vente et cession : Acheteur
35 - ILLE-ET-VILAINE GREFFE DU TRIBUNAL DE COMMERCE DE RENNES 310 - 398 976 415 RCS Rennes. SEBB SARL. Forme : Société à responsabilité limitée. Capital : 182960.59 EUR. Adresse : 48 avenue du Lioran, 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce au prix stipulé de 272000 Euros. Etablissement : Etablissement principal. Activité : vente, fabrication et réparation d'articles de bijouterie, horlogerie et joaillerie. Adresse : Centre Commercial Intermarché, Zone Artisanale la Baratière, 35500 Vitré. Précédent propriétaire : BIJOUTERIE GILLMANN. 379 644 180 RCS Lorient. Date de commencement de l’activité : 01/04/2012. Publication légale : Les Petites Affiches de Bretagne du 07/04/2012. Oppositions : Etude de Me Patrick CHAUDET, La Trémoille BP 30204 35502 Vitré pour la validité et pour la correspondance. Descriptif : . Commentaires : Achat d'un fonds par une personne morale (insertion provisoire).
06/04/2012	JAL	Activity or goodwill cession
7 jours - Les Petites affiches de Bretagne Date de décision : 31/03/2012 Cédant : 379644180 - BIJOUTERIE GILLMANN, 21 RUE JEAN JAURES, 56530 QUEVEN Cessionnaire : 398976415 - SARL SEBB, 48 AV DU LIORAN, 15100 SAINT FLOUR Prix de vente : 272000 € Date d’effet : 31/03/2012
09/01/2012	Bodacc C	Comptes annuels et rapports
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 2535 - 398976415 RCS. SEBB SARL. Forme : Société à Responsabilité Limitée. Adresse : 48 avenue du Lioran 15100 Saint-Flour. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2010.
19/10/2011	Bodacc B	Modification et mutation diverse
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 503 - 398 976 415 RCS Aurillac. SEBB SARL. Forme : Société à Responsabilité Limitée. Activité : . Adresse du siège social : 48 avenue du Lioran, 15100 Saint-Flour. Commentaires : Nouveau siège.
29/09/2011	JAL	Head Office Transfer
Voix du Cantal (La) Date de décision : 01/07/2011 Transfert du siège social de la société 398976415 -  SARL SEBB Adresse du nouveau siège : 48 Avenue du Lioran, 15100 ST FLOUR Ancienne localisation : 6 RUE ETIENNE MALLET, RESIDENCE CHAMBORD, 15100 SAINT FLOUR Date d'effet : 01/07/2011
28/12/2010	Bodacc A	Vente et cession : Acheteur
23 - CREUSE GREFFE DU TRIBUNAL DE COMMERCE DE GUÉRET 140 - 398 976 415 RCS Aurillac. S E B B SARL. Forme : Société à responsabilité limitée. Adresse : rue Etienne Mallet, Résidence Chambord n°6, 15100 Saint-Flour. Origine du fonds : acquis par achat au prix stipulé de 23000 Euros. Etablissement : Etablissement complémentaire. Activité : Vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de paris, transformation, création, fabrication de tous objets et bijoux en métaux. Adresse : Galerie Marchande Centre Leclerc, 23300 La souterraine. Précédent propriétaire : SARL ANDRIEU. 382 822 104 RCS Guéret. Date de commencement de l’activité : 01/12/2010. Publication légale : L'écho de la creuse du 03/12/2010. Oppositions : Maître Alain Bonnet-Beaufranc 1, avenue Charles de Gaulle 23300 La souterraine. Descriptif : . Commentaires : Autre achat, apport, attribution.
09/12/2010	JAL	Activity or goodwill cession
Echo du centre (L')/Edition de la Haute Vienne Date de décision : 30/11/2010 Cédant : 382822104 - ANDRIEU, OR & PASSION, AV JEAN JAURES, CENTRE COMMERCIAL LECLERC, 23300 LA SOUTERRAINE Cessionnaire : 398976415 - SARL SEBB, 6 RUE ETIENNE MALLET, RESIDENCE CHAMBORD, 15100 SAINT FLOUR Prix de vente : 23000 € Date d’effet : 01/12/2010
05/11/2010	Bodacc B	Modification et mutation diverse
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 406 - 398 976 415 RCS Aurillac. SEBB SARL. Forme : Société à responsabilité limitée. Enseigne : Bouldoires Bijoutiers. Administration : Gérant : BOULDOIRES Michel Jean Henri Commissaire aux comptes titulaire : A.C.F - AUDIT-COMPTABILITE-FISCALITE Commissaire aux comptes suppléant : BOUNIOL Maximilien. Capital : 182960.59 EUR. Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de Paris transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse de l’établissement principal : rue Etienne Mallet, résidence Chambord N°6, 15100 Saint-Flour. Adresse du siège social : rue Etienne Mallet, résidence Chambord N°6, 15100 Saint-Flour. Commentaires : Changement de commissaire aux comptes. Date de commencement de l’activité : 01/12/1994. Date d’effet : 30/06/2010.
28/10/2010	Bodacc C	Comptes annuels et rapports
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 1806 - 398976415 RCS. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : rue Etienne Mallet résidence Chambord N°6 15100 Saint-Flour. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.
14/05/2010	Bodacc A	Vente et cession : Acheteur
43 - HAUTE-LOIRE GREFFE DU TRIBUNAL DE COMMERCE DU PUY 589 - 398 976 415 RCS Le Puy-en-Velay. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : rue Etienne Mallet, résidence Chambord N°6, 15100 Saint-Flour. Origine du fonds : Etablissement secondaire acquis par achat au prix stipulé de 360.000,00 EUR. Etablissement : Etablissement secondaire. Activité : Bijouterie,horlogerie,orfèvrerie,cadeaux, réparations. Adresse : Centre Commercial Saint, Ferréol - Champion, 43100 Brioude. Précédent propriétaire : BIJOUTERIE DEFILLE. 310 427 828 RCS Le Puy-en-Velay. Précédent exploitant : BIJOUTERIE DEFILLE. 310 427 828 RCS Le Puy-en-Velay. A dater du : 13/11/1998. Date de commencement de l’activité : 01/09/1998. Publication légale : l'éveil de la haute-loire du 12/04/2010. Oppositions : maître michel roux 9 rue blanqui 43250 ste florine. Descriptif : Inscription compl¿mentaire suite ¿ achat. Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale. Date d’effet : 31/03/2010.
07/03/2010	Bodacc B	Modification et mutation diverse
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 413 - 398 976 415 RCS Aurillac. SEBB SARL. Forme : Société à responsabilité limitée. Enseigne : Bouldoires Bijoutiers. Administration : Gérant : BOULDOIRES Michel Jean Henri Commissaire aux comptes titulaire : TROULIER Christophe Commissaire aux comptes suppléant : FIRBAL Paul. Capital : 182960.59 EUR. Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, bijouterie, joaillerie, orfèvrerie, cadeaux, articles de Paris transformation, création, fabrication de tous objets et bijoux en métaux précieux et tous titres ainsi que toutes opérations connexes. Adresse de l’établissement principal : rue Etienne Mallet, résidence Chambord N°6, 15100 Saint-Flour. Adresse du siège social : rue Etienne Mallet, résidence Chambord N°6, 15100 Saint-Flour. Commentaires : Transfert du siège et de l'établissement principal avec création. Date de commencement de l’activité : 01/12/1994. Date d’effet : 01/02/2010.
24/02/2010	JAL	Head Office Transfer
LA VOIX DU CANTAL Date de décision : 01/02/2010 Transfert du siège social de la société 398976415 -  SARL SEBB, CARADOR Adresse du nouveau siège : RUE ETIENNE MALLET, RESIDENCE CHAMBORD N 6, 15100 ST FLOUR Ancienne localisation : FRAISSINET, 15100 SAINT FLOUR
03/12/2009	Bodacc C	Comptes annuels et rapports
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 1624 - 398976415 RCS. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : Fraissinet 15100 Saint-Flour. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.
28/11/2008	Bodacc C	Comptes annuels et rapports
15 - CANTAL GREFFE DU TRIBUNAL DE COMMERCE D'AURILLAC 700 - 398976415 RCS. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : Fraissinet 15100 Saint-Flour. Commentaires : Comptes annuels et rapports de l'exercice clos le : 30/11/2007.
30/09/2008	Bodacc A	Vente et cession : Acheteur
95 - VAL-D'OISE GREFFE DU TRIBUNAL DE COMMERCE DE PONTOISE 1255 - 398 976 415 RCS Pontoise. SEBB SARL. Forme : Société à responsabilité limitée. Adresse : Fraissinet, Saint-Flour 15100 Saint-Flour. Origine du fonds : Achat d'un fonds de commerce. Etablissement : Etablissemennt complémentaire. Activité : achat vente entretien réparation rétrocession de tous articles d'horlogerie bijouterie joaillerie orfèvrerie cadeaux transformation création fabrication de tous objets et bijoux. Adresse : Ccial d'Osny, 95520 Osny. Précédent propriétaire : ESPACE BIJOUX JEAN CHALENDAR. 347 533 523 RCS Pontoise. Date de commencement de l’activité : 01/09/2009. Publication légale : Parisien du 08/09/2008. Oppositions : Au Mandataire pour la validité et pour la correspondance CENTRE COMMERCIAL D'OSNY NORD 95520 OSNY. Descriptif : Etablissement secondaire/complémentaire acquis par achat au prix stipulé de 260000 Euros. Commentaires : Achat d'un établissement secondaire ou complémentaire par une personne morale.
18/10/2007	Bodacc C	Avis de dépôt des comptes
513 - 398 976 415. RCS Aurillac SEBB SARL. Forme: Société à responsabilité limitée. Adresse du siège social: Fraissinet 15100 Saint-Flour. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2006.
10/07/2007	Bodacc A	Vente et cession
0513 - RCS B 398 976 415. A dater du : 28 juin 2007. RC 07-B 165. SEBB. Forme : S.A.R.L. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement secondaire - Activité : bijouterie, orfèvrerie, cadeaux et horlogerie. Adresse : centre commercial Croix-Dampierre, avenue du Président-Roosevelt, 51000 Châlons-en-Champagne. Etablissement secondaire acquis par achat au prix stipulé de 270 000 euros. Date de début d'activité : 3 avril 2007. Précédent propriétaire : BOISGUERIN (Dominique). RCS A 321 779 613. Publication légale : La Marne agricole du 20 avril 2007. Oppositions : Office notarial de l'Arquebuse, 18 rue de l'Arquebuse, 51000 Châlons-en-Champagne.
30/04/2007	Bodacc A	Vente et cession
1853 - RCS Aurillac 398 976 415. SEBB S.A.R.L. Forme : S.A.R.L. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement secondaire - Enseigne : La Bijouterie Beck J.-M. Activité : bijouterie, orfèvrerie, bijouterie fantaisie, accessoires et horlogerie. Adresse : Centre commercial, Jeuxey, 88000 Epinal. Etablissement secondaire acquis par achat au prix stipulé de 347 000 euros. Date de début d'activité : 14 mars 2007. Précédent propriétaire : B2S. RCS Epinal 341 251 247. Publication légale : Le Paysan vosgien du 30 mars 2007. Oppositions : Office notarial de Mes Grandmaire, Gourbeyre et Gantois, 16 rue Thiers, B.P. 329, 88008 Epinal Cedex.
02/12/2006	Bodacc C	Avis de dépôt des comptes
690 - RCS Aurillac B 398 976 415. RC 00-B 403. SEBB SARL. Forme: S.A.R.L. . Adresse du siège social: Fraissinet,15100 Saint-Flour. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2005.
05/07/2006	Bodacc A	Vente et cession
0466 - Rectificatif. Annonce numéro : 720. Date de parution : 9 février 2006. Page : 48. Numéro de parution : 28 A. Cet avis est annulé et remplacé par le suivant. RCS Aurillac B 398 976 415. SEBB. Forme : S.A.R.L. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement complémentaire : Enseigne : Corador. Activité : négoce au détail de bijouterie et d'horlogerie. Adresse : galerie marchande de Carrefour, 47 rue Pierre-Gaultier, 36000 Châteauroux. Etablissement complémentaire acquis par achat au prix stipulé de 460 000 euros. Date d'effet : 9 décembre 2005. Précédent propriétaire : S.A.R.L. CHOPARD. RCS Châteauroux B 398 287 706. Publication légale : L'Aurore paysanne du 22 décembre 2005. Oppositions : S.C.P. Delest Guillot, notaires, 16 rue de la République, 36000 Châteauroux.
15/02/2006	Bodacc A	Vente et cession
0031 - RCS B 398 976 415. RC 03-B 82. SEBB S.A.R.L. Forme : S.A.R.L. Nom commercial : Bouldoires Bijoutiers. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement secondaire - Adresse : 42 boulevard de Courtais et 1 rue Bretonnie, 03100 Montluçon. Etablissement secondaire - Activité : négoce au détail de produits de bijouterie et d'horlogerie. Adresse : R.N. 145 de Guéret, boutique, 03410 Domérat. Etablissement secondaire sis à Domérat, acquis par achat au prix stipulé de 280 000 euros. Date d'effet : 1er décembre 2005. Précédent propriétaire : S.A.R.L. CHOPARD. RCS Montluçon 398 287 706. RC 00-B 46. Publication légale : L'Allier agricole du 22 décembre 2005. Oppositions : Mes Delorme et Frachon, notaires associés, 12 rue du Boulodrome, 03410 Domérat.
09/02/2006	Bodacc A	Vente et cession
0720 - RCS B 398 976 415. RC 06-B 14. SEBB S.A.R.L. Forme : S.A.R.L. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement secondaire - Activité : négoce au détail de produits de bijouterie et d'horlogerie. Adresse : route de Châtre, 36330 Le Poinçonnet. Etablissement secondaire acquis par achat au prix stipulé de 360 000 euros. Date de début d'activité : 8 décembre 2005. Précédent propriétaire : SOCIETE CHOPARD. RCS B 398 287 706. Publication légale : La Nouvelle République du 24 décembre 2005. Oppositions : S.C.P. Delest Philippe Guillot François, 16 rue de la République, B.P. 105, 36000 Châteauroux.
01/02/2006	Bodacc A	Vente et cession
0356 - RCS B 398 976 415. RC 06-B 14. SEBB S.A.R.L. Forme : S.A.R.L. Adresse du siège social : Fraissinet, 15100 Saint-Flour. Etablissement secondaire - Activité : négoce au détail de bijouterie et d'horlogerie. Adresse : route de La Châtre, 36330 Le Poinçonnet. Etablissement secondaire acquis par achat au prix stipulé de 360 000 euros. Date de début d'activité : 8 décembre 2005. Précédent propriétaire : SOCIETE CHOPARD. RCS B 398 287 706. Publication légale : La Nouvelle République du 24 décembre 2005. Oppositions : S.C.P. Delest Philippe Guillot François, 16 rue de la République, B.P. 105, 36000 Châteauroux.
30/11/2005	Bodacc C	Avis de dépôt des comptes
1217 - RCS Aurillac B 398 976 415. RC 00-B 403. SEBB SARL. Forme: S.A.R.L. . Adresse du siège social: Fraissinet,15100 Saint-Flour. Comptes annuels et rapports de l'exercice clos le: 30 novembre 2004.
15/02/2005	Bodacc B	Modifications et mutations diverses
375 - RCS Aurillac B 398 976 415. RC 00-B 403. SEBB S.A.R.L. Forme : S.A.R.L. Capital : 182 960 euros. Nom commercial : Bouldoires Bijoutiers. Adresse du siège social : Fraissinet,, 15100 Administration : gérant : BOULDOIRES (Michel, Jean, Henri). Commissaire aux comptes titulaire : TROULIER (Christophe). Commissaire aux comptes suppléant : FIRBAL (Paul). Etablissement principal - Activité : achat, vente, entretien, réparation, rétrocession de tous articles d'horlogerie, de bijouterie, de joaillerie, d'orfèvrerie et de cadeaux transformation, création, fabrication de tous objets et de bijoux en métaux précieux ou de tous titres ainsi que toutes opérations connexes . Adresse : Fraissinet, 15100 Commentaires : modification survenue sur l'administration. Date d'effet : 24 novembre 2004.

Company events history

Date	Description
14/08/2013	Update Limit
14/08/2013	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
17/07/2013	Update Rating
17/07/2013	Update Limit
02/05/2013	Legal Gazette: Activity or goodwill cession: Buyer
31/12/2012	New accounts available
14/12/2012	Bodacc A : Sale and transfer
10/12/2012	Bodacc C : Deposit accounts notice
16/11/2012	Legal Gazette: Activity or goodwill cession: Buyer
14/11/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
04/11/2012	Bodacc A : Sale and transfer
19/09/2012	Legal Gazette: Activity or goodwill cession
19/09/2012	Formation of Establishment
01/08/2012	Bodacc A : Sale and transfer
19/06/2012	Legal Gazette: Activity or goodwill cession
08/06/2012	Bodacc A : Sale and transfer
09/05/2012	Payment incident detected
06/05/2012	Bodacc A : Sale and transfer
01/04/2012	Formation of Establishment
31/03/2012	Legal Gazette: Activity or goodwill cession
14/01/2012	Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness
09/01/2012	Bodacc C : Deposit accounts notice
31/12/2011	New accounts available
05/12/2011	Formation of Establishment
19/10/2011	Bodacc B: Various editing or changing
03/10/2011	Minutes of general meeting of shareholders
03/10/2011	Updated articles of association
29/09/2011	Legal Gazette: Head Office Transfer
05/09/2011	Formation of Establishment
01/07/2011	Transfer of Establishment
01/07/2011	Update of Company Head Office Identifier
06/05/2011	New shareholders detected
06/05/2011	New ultimate parent
06/05/2011	New parent detected
31/12/2010	New accounts available
28/12/2010	Bodacc A : Sale and transfer
30/11/2010	Legal Gazette: Activity or goodwill cession
05/11/2010	Bodacc B: Various editing or changing
28/10/2010	Bodacc C : Deposit accounts notice
20/10/2010	Minutes of general meeting of shareholders
14/05/2010	Bodacc A : Sale and transfer
07/03/2010	Bodacc B: Various editing or changing
24/02/2010	Legal Gazette: Head Office Transfer
18/02/2010	Registered office transferred inside jurisdiction of the Commercial Court
18/02/2010	Updated articles of association
18/02/2010	Statuts mis à jour
18/02/2010	Minutes of general meeting of shareholders
18/02/2010	PV d'Assemblée
31/12/2009	New accounts available
03/12/2009	Bodacc C : Deposit accounts notice
09/06/2009	Collection of preferential rights activated for this company
31/12/2008	New accounts available
01/12/2008	Private document
01/12/2008	PV d'Assemblée
01/12/2008	Minutes of general meeting of shareholders
01/12/2008	Updated articles of association
01/12/2008	New closing date
01/12/2008	Statuts mis à jour
28/11/2008	Bodacc C : Deposit accounts notice
30/09/2008	New Bodacc A ads detected
30/09/2008	Bodacc A : Sale and transfer
30/11/2007	New accounts available
30/11/2006	New accounts available
30/11/2005	New accounts available
19/01/2005	Private document
19/01/2005	Appointment/resignation of company officers
19/01/2005	Minutes of general meeting of shareholders
19/01/2005	PV d'Assemblée
19/01/2005	Acte sous seing privé
19/01/2005	Nomination/démission des organes de gestion
30/11/2004	New accounts available
27/10/2004	Minutes of general meeting of shareholders
27/10/2004	Fusion
27/10/2004	Merger
27/10/2004	Augmentation de Capital
27/10/2004	Capital increase
27/10/2004	Déclaration de conformité
27/10/2004	Updated articles of association
27/10/2004	Acte sous seing privé
27/10/2004	Private document
27/10/2004	Declaration of conformity
27/10/2004	PV d'Assemblée
27/10/2004	Statuts mis à jour
11/10/2004	Private document
11/10/2004	Acte sous seing privé
11/10/2004	Rapport des Commissaires ou du Gérant
11/10/2004	Audit or Management Report
01/03/2004	Projet de Fusion
01/03/2004	Fusion
01/03/2004	Acte sous seing privé
30/11/2003	New accounts available
16/06/2003	Requête et Ordonnance
01/01/2003	Requête et Ordonnance
11/11/1998	Déclaration de conformité
11/11/1998	Statuts mis à jour
11/11/1998	PV d'Assemblée
11/11/1998	Acte sous seing privé
11/11/1998	Augmentation de Capital
11/11/1998	Fusion
14/10/1998	Acte sous seing privé
14/10/1998	Fusion
14/10/1998	Statuts mis à jour
14/10/1998	Changement de dénomination sociale
14/10/1998	PV d'Assemblée
14/10/1998	Nomination/démission des organes de gestion
14/10/1998	Rapport des Commissaires ou du Gérant
05/10/1998	Fusion
05/10/1998	Requête et Ordonnance
05/10/1998	Projet de Fusion
05/10/1998	Nomination/démission des organes de gestion
05/10/1998	Acte sous seing privé
18/11/1994	Statuts
18/11/1994	Acte sous seing privé
18/11/1994	Formation de Société
18/11/1994	Nomination/démission des organes de gestion

Establishment events history

Date	Description
19/09/2012	Modification of Head office
24/05/2012	Update Rating
24/05/2012	Update Limit
22/05/2012	Update Rating
01/04/2012	Modification of Head office
14/01/2012	Update Limit
14/01/2012	Update Rating
05/12/2011	Modification of Head office
30/11/2011	Update Limit
30/11/2011	Update Rating
05/09/2011	Modification of Head office
01/07/2011	Formation of Head office (after transfer)

directors

Name	M. BOULDOIRES MICHEL JEAN HENRI
Manager position	Manager	Date of birth	02/04/1961
Place of birth	ETAMPES(91)
Type	Individual	Name at birth

Previous Directors

No data about previous directors is available for this company

Bottom of Form

DIAMOND INDUSTRY – INDIA

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

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

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

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

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

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

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

- Gem & Jewellery Export Promotion Council in its statistical data has shown the export of polished diamonds to have increase by 28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in February, 2012, India exported $ 1.84 billion worth of polished diamonds in February 2013. A senior executive of GJEPC said, “Export of cut and polished diamonds started falling month-wise after the imposition of 2 % of import duty on the polished diamonds. But February, 2013 has given a new ray of hope to the industry as the export of polished diamonds has actually increased by 28 %. It means the industry  is on the track of recovery and round tripping of diamonds has stopped completely.” Demand has started coming from the US, the UK, Japan and China. India’s polished diamond export is expected to cross $ 21 bn in 2013-14.

- The banking sector has started exercising restraint while following prudent risk management norms when lending money to gems and jewellery sector. This follows the implementation of Basel III accord – a global voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity.

FOREIGN EXCHANGE RATES

Currency	Unit	Indian Rupees
US Dollar	1	Rs.65.66
UK Pound	1	Rs.102.19
Euro	1	Rs.87.74

INFORMATION DETAILS

Report Prepared by :

PRL

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.