MIRA INFORM REPORT
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Report No. : |
316255 |
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Report Date : |
06.04.2015 |
IDENTIFICATION DETAILS
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Name : |
FLEXIBLE CONSULTING B.V. |
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Registered Office : |
Edisonstraat 2, 5051DS Goirle |
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Country : |
Netherlands
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Financials (as on) : |
31.12.2013 |
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Date of Incorporation : |
14.12.2007 |
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Com. Reg. No.: |
34289124 |
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Legal Form : |
Private Company |
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Line of Business : |
Consultancy services to companies in the packaging industry further services sectors consulting, management , research, organization, administration, finance , human resources, Information Technology and Telecommunications |
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No. of Employees : |
1 [2015] |
RATING & COMMENTS
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MIRA’s Rating : |
B |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
|
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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Status : |
Small Company |
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Payment Behaviour : |
No Complaints |
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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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
Netherlands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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Off-credit |
D |
NETHERLANDS - ECONOMIC OVERVIEW
Netherlands is the
sixth-largest economy in the euro-zone and is noted for its stable industrial relations,
moderate unemployment and inflation, sizable trade surplus, and important role
as a European transportation hub. Industrial activity is predominantly in food
processing, chemicals, petroleum refining, and electrical machinery. A highly
mechanized agricultural sector employs only 2% of the labor force but provides
large surpluses for the food-processing industry and for exports. Netherlands,
along with 11 of its EU partners, began circulating the euro currency on 1
January 2002. The Dutch financial sector suffered as a result of the global
financial crisis, due in part to the high exposure of some Dutch banks to US
mortgage-backed securities. In 2008, the government nationalized two banks and
injected billions of dollars of capital into other financial institutions, to
prevent further deterioration of a crucial sector. After 26 years of
uninterrupted economic growth, the Dutch economy - highly dependent on an
international financial sector and international trade - contracted by 3.5% in
2009. To recover, the government sought to boost the domestic economy by
accelerating infrastructure programs, offering corporate tax breaks for
employers to retain workers, and expanding export credit facilities. The
stimulus programs and bank bailouts, however, resulted in a government budget
deficit of 5.3% of GDP in 2010 that contrasted sharply with a surplus of 0.7%
in 2008. The government of Prime Minister Mark RUTTE began implementing
austerity measures in early 2011, mainly reducting expenditures, which resulted
in an improved budget deficit in 2011. However, in 2012 tax revenues dropped,
GDP contracted, and the budget deficit deteriorated. In 2013, the government
budget deficit decreased to 3.3% of GDP due to increased government revenue
from higher taxes. However, spending on social benefits also increased, due to
a rise in unemployment benefits and payments for pensions. The high
unemployment rate and tax increases have contributed to continued decreases in
household disposable income, causing the Dutch economy to contract.
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Source
: CIA |
Summary
Company name Flexible
Consulting B.V.
Operative address Edisonstraat 2
5051DS Goirle
Netherlands
Legal form Private Company
Registration number KvK-nummer:
34289124
VAT-number 818800434
|
Year |
2013 |
Mutation |
2012 |
Mutation |
2011 |
|
Fixed assets |
104.850 |
3,47 |
101.335 |
-0,44 |
101.781 |
|
Total receivables |
82.369 |
22,53 |
67.222 |
-2,37 |
68.851 |
|
Total equity |
99.249 |
19,99 |
82.713 |
29,29 |
63.977 |
|
Short term liabilities |
49.574 |
72,09 |
28.807 |
-48,39 |
55.814 |
|
Working capital |
52.899 |
32,65 |
39.878 |
92,68 |
20.696 |
|
Quick ratio |
2,07 |
-13,03 |
2,38 |
73,72 |
1,37 |
Contact
information
Company name Flexible
Consulting B.V.
Trade names Flexible
Consulting B.V.
Operative address Edisonstraat 2
5051DS Goirle
Netherlands
Correspondence address Edisonstraat 2
5051DS Goirle
Netherlands
Telephone number 0133029260
Registration
Registration number KvK-nummer:
34289124
Branch number 000017189969
VAT-number 818800434
Status Active
First registration company register 2008-02-25
Memorandum 2008-02-05
Establishment date 2007-12-14
Legal form Private Company
Last proposed admendment 2013-03-15
Issued placed capital EUR 18.000
Paid up share capital EUR 18.000
Activities
SBI Market research
and public polling activities (69209)
Organisational
planning (70221)
Exporter No
Importer No
Goal Consultancy services to companies in the packaging industry further
services sectors consulting, management , research, organization, administration, finance , human resources, Information Technology and Telecommunications
Relations
Shareholders Wander
Evert Clemens Marie Reijnders
Percentage: 100%
Companies on same address BASF
Coatings Services B.V.
Registration
number: 301456280001
Management
Active management C.A.T.
Reijnders (Coen Antonius Theodor)
Netherlands
Competence: Fully authorized
Function: General Director
Starting date: 2015-02-19
Date of birth: 1990-12-01, Goirle, NL
Employees
|
Year |
2015 |
2014 |
2013 |
2012 |
2011 |
|
Total |
1 |
1 |
1 |
1 |
1 |
Key
Figures
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
Quick ratio |
2,07 |
2,38 |
1,37 |
1,84 |
9,77 |
|
Current ratio |
2,07 |
2,38 |
1,37 |
1,84 |
9,77 |
|
Working capital/
balance total |
0,26 |
0,23 |
0,12 |
0,13 |
0,25 |
|
Equity / balance
total |
0,48 |
0,49 |
0,36 |
0,42 |
0,52 |
|
Equity / Fixed
assets |
0,95 |
0,82 |
0,63 |
0,59 |
0,72 |
|
Equity /
liabilities |
0,92 |
0,95 |
0,56 |
0,71 |
1,07 |
|
Balance total /
liabilities |
1,92 |
1,95 |
1,56 |
1,71 |
2,07 |
|
Working capital |
52.899 |
39.878 |
20.696 |
19.498 |
36.144 |
|
Equity |
99.249 |
82.713 |
63.977 |
60.225 |
73.817 |
|
Mutation equity |
19,99 |
29,29 |
6,23 |
-18,41 |
151,04 |
|
Mutation short
term liabilities |
72,09 |
-48,39 |
141,20 |
461,51 |
-47,08 |
Summary
The 2013 financial
result structure is a postive working captial of 52.899 euro, which is in
agreement with 26 %
of the total assets of the company.
The working capital
has increased with 32.65 % compared to previous year. The ratio, with respect
to the total assets of the company has however, increased.
The improvement
between 2012 and 2013 has mainly been caused by a current liabilities
reduction.
The current ratio
of the company in 2013 was 2.07. A company with a current ratio between
1.5 and 3.0
generally indicates good short-term financial strength.
The quick ratio in
2013 of the company was 2.07. A company with a Quick Ratio of more than
1 can currently pay
back its current liabilities.
The 2012 financial
result structure is a postive working captial of 39.878 euro, which is in
agreement with 23 %
of the total assets of the company.
The working capital
has increased with 92.68 % compared to previous year. The ratio, with
respect to the
total assets of the company has however, increased.
The improvement
between 2011 and 2012 has mainly been caused by an increase of the
current assets.
The current ratio
of the company in 2012 was 2.38. A company with a current ratio between
1.5 and 3.0
generally indicates good short-term financial strength.
The quick ratio in
2012 of the company was 2.38. A company with a Quick Ratio of more than
1 can currently pay
back its current liabilities.
Financial
statement
Last annual account 2013
Remark annual account The company is
obliged to file its financial statements.
Type of annual account Corporate
Annual account Flexible
Consulting B.V.
Edisonstraat 2
5051DS Goirle
Netherlands
Registration number: 342891240000
Balance
|
Year |
2013 |
2012 |
2011 |
2010 |
2009 |
|
End date |
2013-12-31 |
2012-12-31 |
2011-12-31 |
2010-12-31 |
2009-12-31 |
|
Tangible fixed assets |
50.858 |
47.343 |
47.789 |
48.235 |
48.681 |
|
Financial fixed assets |
53.992 |
53.992 |
53.992 |
53.992 |
53.992 |
|
Fixed assets |
104.850 |
101.335 |
101.781 |
102.227 |
102.673 |
|
Total receivables |
82.369 |
67.222 |
68.851 |
40.311 |
22.137 |
|
Liquid funds |
20.104 |
1.463 |
7.659 |
2.327 |
18.128 |
|
Current assets |
102.473 |
68.685 |
76.510 |
42.638 |
40.265 |
|
Total assets |
207.323 |
170.020 |
178.291 |
144.865 |
142.938 |
|
Issued capital |
18.000 |
18.000 |
18.000 |
18.000 |
18.000 |
|
Other reserves |
81.249 |
64.713 |
45.977 |
42.225 |
55.817 |
|
Total reserves |
81.249 |
64.713 |
45.977 |
42.225 |
55.817 |
|
Total equity |
99.249 |
82.713 |
63.977 |
60.225 |
73.817 |
|
Long term interest
yielding debt |
58.500 |
58.500 |
58.500 |
61.500 |
65.000 |
|
Long term liabilities |
58.500 |
58.500 |
58.500 |
61.500 |
65.000 |
|
Short term liabilities |
49.574 |
28.807 |
55.814 |
23.140 |
4.121 |
|
Total short and long term liabilities |
108.074 |
87.307 |
114.314 |
84.640 |
69.121 |
|
Total liabilities |
207.323 |
170.020 |
178.291 |
144.865 |
142.938 |
Summary
The total assets of the company increased with 21.94 % between 2012 and
2013.
The fixed asset growth of 3.47 % is lower than the total asset growth.
The asset growth has mainly been financed by a debt increase of 23.79 %.
The Net Worth,
however, grew with 19.99 %.
In 2013 the assets of the company were 50.57 % composed of fixed assets
and 49.43 % by
current assets. The assets are being financed by an equity of 47.87 %,
and total debt of
52.13 %.
The total assets of the company decreased with -4.64 % between 2011 and
2012.
The total assets are entirely composed of current assets.
The asset reduction is in contrast with the equity growth of 29.29 %.
Due to this the total debt
decreased with -23.63 %.
In 2012 the assets of the company were 59.6 % composed of fixed assets
and 40.4 % by
current assets. The assets are being financed by an equity of 48.65 %,
and total debt of
51.35 %.
Analysis
Branch (SBI) Holding companies
(not financial) (70)
Region Groot Amsterdam
In the Netherlands 164954 of the companies
are registered with the SBI code 70
In the region Groot Amsterdam 18004 of the
companies are registered with the SBI code 70
In the Netherlands 1108 of the bankrupcties
are published within this sector
In the region Groot Amsterdam 85 of the
bankruptcies are published within this sector
The risk of this specific sector in the
Netherlands is Low
The risk of this specific sector in the
region Groot Amsterdam is Low
Publications
Filings 31-12-2014: De
jaarrekening over 2013 is gepubliceerd.
14-02-2014: De jaarrekening over 2012 is
gepubliceerd.
17-12-2012: De jaarrekening over 2010 is
gepubliceerd.
17-12-2012: De jaarrekening over 2011 is
gepubliceerd.
03-02-2011: De jaarrekening over 2009 is
gepubliceerd.
Functions 02-03-2015: Per
19-02-2015 is bestuurder Coen Antonius Theodor Reijnders in functie
getreden.
02-03-2015: Per 19-02-2015 is bestuurder
55148271 ACT Management Services B.V. uit
functie getreden.
28-11-2013: Per 01-11-2013 is bestuurder
55148271 ACT Management Services B.V. in
functie getreden.
28-11-2013: Per 01-11-2013 is bestuurder
Robbert Frassino uit functie getreden.
29-11-2012: Per 01-11-2012 is bestuurder
Robbert Frassino in functie getreden.
29-11-2012: Per 01-11-2012 is bestuurder
28065255 Capita Fiduciary B.V. uit functie
getreden.
Amendments 19-03-2013: Per
15-3-2013 statuten gewijzigd. Per 15-3-2013 naam gewijzigd in: Flexible
Consulting B.V..
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.62.59 |
|
|
1 |
Rs.92.46 |
|
Euro |
1 |
Rs.67.51 |
INFORMATION DETAILS
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Analysis Done by
: |
KAR |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
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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 |
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|
-- |
NB |
New Business |
-- |
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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.