|
Report No. : |
334472 |
|
Report Date : |
01.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
BEL FIBRES SA |
|
|
|
|
Registered Office : |
Pavé De Monte En Peine 2 7022 |
|
|
|
|
Country : |
|
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
16.07.1999 |
|
|
|
|
Com. Reg. No.: |
466265538 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Reclaim of other sorted waste. |
|
|
|
|
No. of Employee : |
53 |
RATING & COMMENTS
|
MIRA’s Rating : |
B |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
Status : |
Moderate |
|
|
|
|
Payment Behaviour : |
Slow but correct |
|
|
|
|
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, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to shifts in foreign demand, particularly in Belgium’s EU trade partners. Roughly three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right government has pledged to further reduce the deficit in response to EU pressure to reduce Belgium’s high public debt, which remains above 100% of GDP, but such efforts could also dampen economic growth. In addition to restrained public spending, low wage growth and high unemployment promise to curtail a more robust recovery in private consumption. The government has pledged to pursue an reform program to improve Belgium’s competitiveness, including changes to tax policy, labor market rules, and welfare benefits. These changes risk worsening tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
Business
number 466265538
Branche
Unit Number 2091605753
Company
name BEL FIBRES SA
Address
PAVÉ DE MONTE EN PEINE 2
7022 MONS
Number
of staff 53
Date
of establishment 16/07/1999
Telephone
number 065760960
Fax
number 065760965
The business was established over 16 years ago.
The business has 53 employees.
The business has been at the address for over 9 years.
Operating Result in the latest trading period decreased 48% on the previous trading period.
Net Worth increased by 43% during the latest trading period.
A 26% growth in Total Assets occurred during the latest trading period.
Pre-tax profits decreased by 91% compared to the previous trading period.
The business saw a decrease in their Cash Balance of 52% during the latest trading period.
Working Capital is a negative amount during the latest trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
30,485,790 |
14,799 |
3,034,805 |
-1,678,884 |
|
31/12/2013 |
30,660,915 |
182,516 |
2,108,453 |
-1,926,745 |
|
31/12/2012 |
33,794,357 |
72,513 |
2,222,729 |
-1,898,926 |
|
ACCOUNT |
||||
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
17,863,067 |
53 |
99,157 |
1,838,000 |
|
31/12/2013 |
14,133,096 |
51 |
99,157 |
2,057,767 |
|
31/12/2012 |
14,798,173 |
59 |
99,157 |
2,128,285 |
Profitability
Liquidity
Net worth
|
Past payments |
|
Payment expectation days |
94.97 |
|
Industry average payment
expectation days |
81.21 |
Industry average day sales
outstanding |
111.55 |
|
Day sales outstanding |
56.83 |
|
|
BANKRUPTCY
DETAILS
Court action type No
PROTESTED
BILLS
Bill amount --
NSSO
DETAILS
Date of summons 17/01/2007
|
Business number |
466265538 |
Company name |
BEL FIBRES SA |
|
Fax number |
065760965 |
Date founded |
16/07/1999 |
|
Company status |
active |
Company type |
Public
Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
38329 |
Liable for VAT |
yes |
|
Activity description |
Reclaim of
other sorted waste |
VAT Number |
BE.0466.265.538
Check VAT number |
|
Belgian Bullettin of Acts Publications |
moniteur belge |
|
|
Registered
contractor
Number -
Contractor
description -
Date
struck off register
PERSONNEL
(NSSO CLASSIFICATION)
Code
-
Description
-
JOINT
INDUSTRIAL COMMITTEE (JIC)
JIC
Code 142.03
Description
Joint subcommittee for the
recuperation of paper
Category
JIC
Code 218
Description Additional national joint committee for the
employees
category
SIGNIFICANT
EVENTS
Event
Date 19/07/2012
Event
Description re-appointment of
director(s)
Event Details Commentaire 19-07-2012: Renouvellement du
mandat d'administrateur délégué pour une période de six ans de SPRL JAJ
Scholiers et SPRL MG Business.
|
Annual accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
7,261,907 |
23.48 |
5,880,870 |
-7.41 |
6,351,839 |
28.79 |
4,932,110 |
-9.99 |
5,479,458 |
|
Intangible fixed assets |
3,327 |
-55.92 |
7,549 |
-43.14 |
13,275 |
83.38 |
7,239 |
-55.17 |
16,148 |
|
Tangible fixed assets |
7,258,208 |
23.59 |
5,872,949 |
-7.34 |
6,338,192 |
28.71 |
4,924,499 |
-9.86 |
5,462,938 |
|
Land & building |
2,223,875 |
43.05 |
1,554,613 |
-7.20 |
1,675,234 |
-8.26 |
1,825,987 |
-6.85 |
1,960,224 |
|
Plant & machinery |
2,546,830 |
-14.65 |
2,984,021 |
-12.96 |
3,428,511 |
47.34 |
2,327,000 |
16.54 |
1,996,700 |
|
Furniture & Vehicles |
83,219 |
-64.70 |
235,762 |
-26.38 |
320,227 |
-28.11 |
445,465 |
110 |
211,526 |
|
Leasing & Other
Similar Rights |
1,393,880 |
37.06 |
1,017,021 |
11.24 |
914,220 |
180 |
326,047 |
-74.81 |
1,294,488 |
|
Other tangible assets |
1,010,404 |
1139 |
81,532 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
372 |
0 |
372 |
-0.04 |
372 |
0 |
372 |
0 |
372 |
|
Total current assets |
10,601,160 |
28.46 |
8,252,226 |
-2.30 |
8,446,334 |
34.38 |
6,285,481 |
-8.62 |
6,878,074 |
|
Inventories |
3,716,950 |
25.36 |
2,965,000 |
56.05 |
1,900,050 |
108 |
910,375 |
60.21 |
568,250 |
|
Raw materials &
consumables |
- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
3,716,950 |
25.36 |
2,965,000 |
56.05 |
1,900,050 |
108 |
910,375 |
60.21 |
568,250 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
4,746,260 |
21.45 |
3,908,151 |
-16.08 |
4,656,980 |
21.02 |
3,847,955 |
-11.65 |
4,355,337 |
|
Other amounts receivable |
1,980,949 |
91.99 |
1,031,803 |
-36.98 |
1,637,244 |
30.20 |
1,257,518 |
-17.20 |
1,518,743 |
|
Cash |
99,963 |
-52.74 |
211,523 |
45.09 |
145,784 |
-7.44 |
157,504 |
-59.20 |
386,042 |
|
Miscellaneous current assets |
57,038 |
-56.35 |
130,678 |
51.41 |
86,305 |
11.05 |
77,720 |
56.37 |
49,702 |
|
Total Assets |
17,863,067 |
26.39 |
14,133,096 |
-4.49 |
14,798,173 |
31.92 |
11,217,591 |
-9.22 |
12,357,532 |
LIABILITIES
|
Total
shareholders equity |
3,038,133 |
43.58 |
2,116,002 |
-5.37 |
2,236,004 |
3.54 |
2,159,599 |
-7.50 |
2,334,719 |
|
Issued
share capital |
99,157 |
0 |
99,157 |
00 |
99,157 |
0 |
99,157 |
0 |
99,157 |
|
Share premium account |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
Revaluation reserve |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
Reserves |
2,938,975 |
45.72 |
2,016,845 |
-5.62 |
2,136,847 |
3.71 |
2,060,442 |
-7.83 |
2,235,562 |
|
Provisions for
Liabilities & Charges |
0 |
-- |
0 |
-100 |
50,000 |
-46.93 |
94,224 |
24.91 |
75,435 |
|
Deffered
taxes |
52,251 |
-29.92 |
74,555 |
-25.73 |
100,386 |
-18.74 |
123,537 |
-17.28 |
149,347 |
|
Creditors |
14,772,683 |
23.70 |
11,942,538 |
-3.78 |
12,411,783 |
40.40 |
8,840,231 |
-9.78 |
9,798,031 |
|
Other
long term loans |
2,492,639 |
41.34 |
1,763,567 |
-14.66 |
2,066,523 |
37.42 |
1,503,750 |
-22.45 |
1,939,152 |
|
Long
term group loans |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
Other
long term liabilities |
0 |
-- |
0 |
-- |
0 |
-- |
0 |
-- |
0 |
|
Total
long term debts |
2,544,890 |
38.45 |
1,838,122 |
-17.09 |
2,216,909 |
28.78 |
1,721,511 |
-20.45 |
2,163,934 |
|
Current
portion of long term debt |
955,702 |
10.48 |
865,026 |
-15.83 |
1,027,693 |
-35.11 |
1,583,653 |
-17.91 |
1,929,165 |
|
Financial
debts |
3,168,252 |
117 |
1,459,111 |
-26.80 |
1,993,434 |
-- |
-- |
-- |
-- |
|
Trade
creditors |
7,900,469 |
4.29 |
7,575,620 |
7.84 |
7,025,167 |
26.78 |
5,541,280 |
2.38 |
5,412,676 |
|
Amounts
Payable for Taxes, Remuneration & Social Security |
248,122 |
2.30 |
242,550 |
0.45 |
241,466 |
29.48 |
186,489 |
-32.16 |
274,907 |
|
Miscellaneous
current liabilities |
7,500 |
-79.54 |
36,664 |
-36.24 |
57,500 |
129 |
25,059 |
-89.65 |
242,131 |
|
Total
current liabilities |
12,280,044 |
20.64 |
10,178,971 |
-1.61 |
10,345,260 |
41.01 |
7,336,481 |
-6.65 |
7,858,879 |
|
Total
Liabilities |
17,863,067 |
26.39 |
14,133,096 |
-4.49 |
14,798,173 |
31.92 |
11,217,591 |
-9.22 |
12,357,532 |
RATIO ANALYSIS
TRADING PERFORMANCE
|
Profit Before Tax |
0.05 |
-91.67 |
0.60 |
185 |
0.21 |
-32.26 |
0.31 |
-75.40 |
1.26 |
|
Return on capital employed |
0.27 |
-94.16 |
4.62 |
183 |
1.63 |
-48.58 |
3.17 |
-67.15 |
9.65 |
|
Return on total assets employed |
0.08 |
-93.80 |
1.29 |
163 |
0.49 |
-55.45 |
1.10 |
-68.66 |
3.51 |
|
Return on net assets employed |
0.49 |
-94.32 |
8.63 |
166 |
3.24 |
-43.16 |
5.70 |
-69.35 |
18.60 |
|
Sales / net working capital |
-18.16 |
-14.14 |
-15.91 |
89.38 |
-17.80 |
46.57 |
-38.22 |
-8.86 |
-35.11 |
|
Stock turnover ratio |
12.19 |
26.06 |
9.67 |
72.06 |
5.62 |
147 |
2.27 |
37.58 |
1.65 |
|
Creditor days |
94.97 |
4.50 |
90.88 |
19.11 |
76.30 |
50.79 |
50.60 |
-13.21 |
58.30 |
|
Debtor days |
56.83 |
22.16 |
46.52 |
-7.51 |
50.30 |
43.84 |
34.97 |
-24.24 |
46.16 |
|
SHORT TERM STABILITY |
|||||||||
|
Current ratio |
0.86 |
6.17 |
0.81 |
-1.22 |
0.82 |
-4.65 |
0.86 |
-2.27 |
0.88 |
|
Liquidity ratio / acid ratio |
0.56 |
7.69 |
0.52 |
-17.46 |
0.63 |
-13.70 |
0.73 |
-8.75 |
0.80 |
|
Current debt ratio |
4.04 |
-16.01 |
4.81 |
3.89 |
4.63 |
36.18 |
3.40 |
0.89 |
3.37 |
|
Liquidity ratio reprocessed |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
|
Cashflow |
1,838,000 |
-10.68 |
2,057,767 |
-3.31 |
2,128,285 |
2.99 |
2,066,442 |
-1.88 |
2,105,962 |
|
Net worth |
3,034,805 |
43.94 |
2,108,453 |
-5.14 |
2,222,729 |
3.27 |
2,152,360 |
-7.17 |
2,318,571 |
LONG TERM STABILITY
|
Gearing |
217.78 |
12.73 |
193.18 |
-15.10 |
227.53 |
59.16 |
142.96 |
-13.72 |
165.69 |
|
Equity in percentage |
17.01 |
13.55 |
14.98 |
-0.93 |
15.12 |
-21.50 |
19.26 |
1.80 |
18.92 |
|
Total debt ratio |
4.88 |
-14.08 |
5.68 |
1.07 |
5.62 |
34.13 |
4.19 |
-2.33 |
4.29 |
|
Working capital |
-1,678,884 |
87.14 |
-1,926,745 |
-1.46 |
-1,898,926 |
-80.68 |
-1,051,000 |
-7.16 |
-980,805 |
PROFIT & LOSS
|
Operating Income |
30,873,241 |
-0.41 |
31,000,535 |
-9.20 |
34,142,598 |
-15.79 |
40,542,692 |
17.01 |
34,649,028 |
|
Turnover |
30,485,790 |
-0.57 |
30,660,915 |
-9.27 |
33,794,357 |
-15.86 |
40,166,389 |
16.63 |
34,438,769 |
|
Total operating expenses |
30,363,529 |
-0.20 |
30,425,604 |
-9.46 |
33,605,334 |
-15.92 |
39,968,514 |
17.94 |
33,889,635 |
|
Gross Operating
Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
30,750,981 |
-0.05 |
30,765,224 |
-9.39 |
33,953,575 |
-15.84 |
40,344,817 |
18.31 |
34,099,894 |
|
Employee costs |
2,704,239 |
4.44 |
2,589,342 |
-0.77 |
2,609,495 |
21.92 |
2,140,413 |
29.97 |
1,646,892 |
|
Wages and salary |
1,845,653 |
5.12 |
1,755,747 |
-0.44 |
1,763,475 |
22.32 |
1,441,638 |
26.68 |
1,137,986 |
|
Employee pension
costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security
contributions |
610,828 |
2.92 |
593,495 |
-1.52 |
602,635 |
29.14 |
466,670 |
26.73 |
368,228 |
|
Other employee costs |
247,758 |
3.19 |
240,101 |
-1.35 |
243,385 |
4.86 |
232,105 |
64.99 |
140,678 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and
depreciation |
1,801,405 |
-9.12 |
1,982,173 |
-2.93 |
2,041,963 |
5.71 |
1,931,584 |
11.04 |
1,739,608 |
|
Operating result |
122,261 |
-48.04 |
235,311 |
24.49 |
189,023 |
-4.47 |
197,875 |
-63.97 |
549,134 |
|
Total financial income |
144,880 |
-34.46 |
221,053 |
8.21 |
204,289 |
-21.63 |
260,688 |
4.17 |
250,254 |
|
Total financial expenses |
252,342 |
-7.85 |
273,848 |
-14.64 |
320,799 |
-4.34 |
335,364 |
-8.13 |
365,044 |
|
Results on ordinary
operations |
14,799 |
-91.89 |
182,516 |
151 |
72,513 |
-41.14 |
123,199 |
-71.64 |
434,344 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
3,000 |
-67.03 |
9,100 |
|
Extraordinary Charges |
- |
- |
132,753 |
1506 |
8,264 |
-52.21 |
17,292 |
- |
- |
|
Extraordinary items |
0 |
0 |
-132,753 |
-1506 |
-8,264 |
57.82 |
-14,292 |
-257 |
9,100 |
|
Results for the Year
Before Taxation |
14,799 |
-70.26 |
49,763 |
-22.55 |
64,249 |
-41.01 |
108,907 |
-75.44 |
443,444 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
508 |
- |
- |
- |
1,078 |
764 |
-141 |
-100 |
121,838 |
|
Results on ordinary operations after taxation |
14,291 |
-92.17 |
182,516 |
155 |
71,435 |
-42.08 |
123,340 |
-60.53 |
312,506 |
|
Net result |
36,595 |
-51.59 |
75,594 |
-12.43 |
86,322 |
-35.99 |
134,858 |
-63.19 |
366,354 |
|
Profit (Loss) for the Year to be appropiated |
43,809 |
-57.49 |
103,059 |
-14.40 |
120,402 |
-31.01 |
174,532 |
-58.24 |
417,948 |
|
Dividends |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
-- |
200,000 |
|
Social Balance Sheet |
Total |
|
|
|
During the reporting year
ended 31-12-2014 |
|||
|
Full-time Employees |
53 |
|
|
|
Part-time Employees - |
|||
|
Total Fte Employees |
53 |
|
|
|
|
|||
|
Number of hours worked |
|
|
|
|
Full-time Employees |
104,703 |
|
|
|
Part-time Employees |
- |
|
|
|
Total |
104,703 |
|
|
|
|
|||
|
Personnel Charges |
|||
|
Full-time Employees |
2,704,239 |
|
|
|
Part-time Employees - |
|||
|
Total |
2,704,239 |
|
|
|
Benefits In Addition To Wages
- |
|||
|
|
|||
|
During the previous
reporting year |
|||
|
Average number employees
in Fte |
52 |
|
|
|
Actual working hours |
102,106 |
|
|
|
Personnel Charges |
2,589,342 |
|
|
|
Benefits In Addition To
Wages - |
|||
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration Contracts |
52 |
- |
52 |
|
Limited Duration Contracts |
1 |
- |
1 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
Gender and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
48 |
- |
48 |
|
Higher education (non
university) |
- |
- |
- |
|
Higher education
(university) |
- |
- |
- |
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
5 |
- |
5 |
|
Higher education (non
university) |
- |
- |
- |
|
Higher education
(university) |
- |
- |
- |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
-- |
-- |
-- |
|
White collar
worker |
8 |
-- |
8 |
|
Blue collar worker |
44 |
-- |
44 |
|
Other |
1 |
-- |
1 |
|
Temporary personnel |
Total |
|
Average
number of temporary staff |
7 |
|
Actual working hours |
14,050 |
|
Cost of temporary staff |
357,231 |
|
New staff and leavers Full-Time |
Part-Time |
Total
Fte |
|
New Starters 37 |
- |
37 |
|
Leavers 35 |
- |
35 |
|
Total
of formal continuing vocational training initiatives for workers paid by the
employer |
Male |
Female |
|
Number
of employees |
5 |
1 |
|
Number
of training hours |
17 |
3 |
|
Net
costs for enterprise |
914 |
158 |
|
Total
of less formal and informal continuing vocational training
initiatives for workers paid by the employer |
Male |
Female |
|
Number
of employees |
2 |
-- |
|
Number
of training hours |
6 |
-- |
|
Net
costs for enterprise |
147 |
-- |
|
Total
of initial training initiatives at the expense of the employer |
Male |
Female |
|
Number
of employees |
-- |
-- |
|
Number
of training hours |
-- |
-- |
|
Net
costs for enterprise |
-- |
-- |
Activity
code 38329
Activity
description Reclaim of other sorted
waste
industry
average credit
rating 64.13
Industry average credit
limit 61051.34
PAYMENT
INFORMATION SUMMARY
Total
number of Invoices available 66
Total
number of Invoices paid within or up to 30 days after the due date 13
Total
number of Invoices paid more than 30 days after the due date 52
Total
number of Invoices currently outstanding where the due date has not yet been
reached 1
Total number of
Invoices currently outstanding beyond the due date 0
SUSPENSION
OF PAYMENTS / MORATORIUM HISTORY
Amount -
Details
-
PAYMENT
EXPECTATIONS
Payment
expectation days 94.97
Day
sales outstanding 56.83
INDUSTRY
COMPARISON
Activity
code 38329
Activity
description Reclaim of other sorted
waste
Industry
average payment
expectation
days 81.21
Industry
average day sales
Outstanding 111.55
PAYMENT
EXPECTATIONS
Company
result 94.97
Lower
103.46
Median
62.47
Upper
34.05
DAY SALES
OUTSTANDING
Company result 56.83
Lower 72.01
Median 47.83
Upper 25.55
SUMMARY
Group
- Number of Companies 0
Linkages
- Number of Companies 0
Number
of Countries 0
GROUP
STRUCTURE
No
group structure for this company.
MINORITY
SHAREHOLDERS
|
Business
number |
Company
name |
Date of accounts |
|
886393522 |
Jaj Business SPRL |
31/12/2013 |
|
884162027 |
MG Business SPRL |
31/12/2013 |
MINORITY
INTERESTS
No minority interests found
SUMMARY
Group - Number of Companies 0
Linkages - Number of Companies 0
Number of Countries 0
SUMMONS
|
Legal
event type |
Social
Security Summons |
|
|
|
|
Event
date |
17/01/2007 |
|
|
|
|
Court
type |
||||
|
Creditor's
name |
|
Court
name |
Mons |
|
|
|
|
3rd
party type |
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
|
Event
date |
20/12/2001 |
|
|
|
|
Court
type |
|
Court
name |
|
|
|
Creditor's
name |
|
3rd
party type |
|
|
PROTESTED
BILLS
There is no data for this company
BANKRUPTCY AND
OTHER LEGAL EVENTS
There is no data for this company
Name MG BUSINESS SPRL
Position
Director
Start
Date 31/12/2006
Date
of birth 21/09/2006
Street
166 RUE DES CANADIENS MONS
Post
code 7022
Country
Belgium
Name
JAJ BUSINESS SPRL
Position
Director
Start
Date 31/12/2006
Date
of birth 05/01/2007
Street
166 RUE DES CANADIENS MONS
Post
code 7022
Country
Belgium
FORMER DIRECTOR
DETAILS
Name
MG BUSINESS SPRL
Position
Managing Director
Start
Date 31/12/2006
End
Date Unknown date
Date
of birth 21/09/2006
Street
166 RUE DES CANADIENS MONS
Post
code 7022
Country
Belgium
Name
JAJ BUSINESS SPRL
Position
Managing Director
Start
Date 31/12/2006
End
Date Unknown date
Date
of birth 05/01/2007
Street
166 RUE DES CANADIENS MONS
Post
code 7022
Country
Belgium
Name JOHAN ALFONS JULES
SCHOLIERS
Position
Managing Director
Start
Date 15/06/1999
End
Date 31/12/2006
Date
of birth 08/12/1965
Street
166 RUE DES CANADIENS MONS
Post
code 7022
Country
Belgium
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.00 |
|
|
1 |
Rs.99.83 |
|
Euro |
1 |
Rs.70.16 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ANK |
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.