|
Report No. : |
335568 |
|
Report Date : |
08.08.2015 |
IDENTIFICATION DETAILS
|
Name : |
DE LENS FASHION NV |
|
|
|
|
Registered Office : |
Sint-Jobstraat 262 9300 Aalst |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
30.06.2014 |
|
|
|
|
Date of Incorporation : |
18.02.1992 |
|
|
|
|
Com. Reg. No.: |
446659462 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale of household textiles and bedding |
|
|
|
|
No. of Employees : |
1 |
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 : |
Small Company |
|
|
|
|
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 |
446659462 |
|
Branche Unit Number |
2057395140 |
|
Company name |
DE LENS FASHION NV |
|
Address |
SINT-JOBSTRAAT 262 |
|
|
9300 AALST |
|
Number of staff |
1 |
|
Date of
establishment |
18/02/1992 |
|
Telephone number |
053780505 |
|
Fax number |
053770433 |
|
Company name |
Company Number |
|
-- |
-- |
The business was established over 23 years ago.
The business has 1 employees.
The business has been at the address for over 12 years.
Operating Result in the latest trading period decreased 29% on the previous trading period.
A 26% growth in Total Assets occurred during the latest trading period.
Pre-tax profits decreased by 117% compared to the previous trading period.
The business saw a decrease in their Cash Balance of 63% during the latest trading period.
Working Capital is a negative amount during the latest trading period.
Accounts
|
DATE OF LATEST
ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
30/06/2014 |
|
-1,121 |
102,079 |
-11,024 |
|
30/06/2013 |
|
6,549 |
97,548 |
38,613 |
|
30/06/2012 |
|
19,645 |
90,754 |
28,602 |
Accounts
|
DATE OF LATEST
ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
30/06/2014 |
851,329 |
1 |
61,973 |
73,581 |
|
30/06/2013 |
674,149 |
1 |
61,973 |
48,147 |
|
30/06/2012 |
702,290 |
1 |
61,973 |
65,654 |
|
Past payments |
|
Payment expectation
days |
- |
|
Industry average payment
expectation days |
89.09 |
Industry average
day sales outstanding |
97.91 |
|
Day sales
outstanding |
|
|
|
Court data summary
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount –
NSSO DETAILS
Date of summons -
|
Business number |
446659462 |
Company name |
DE LENS FASHION NV |
|
Fax number |
053770433 |
Date founded |
18/02/1992 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
|
|
Date of latest
accounts |
30/06/2014 |
|
Currency |
Euro (€) |
|
|
|
Activity code |
46412 |
Liable for VAT |
yes |
|
Activity
description |
Wholesale of household |
VAT Number |
|
|
|
textiles and bedding |
|
number |
|
Belgian Bullettin
of Acts |
|
|
|
|
Publications |
|
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck
off register |
|
|
|
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
|
|
|
Joint Industrial Committee (JIC) |
|
|
JIC Code |
218 |
|
Description category |
Additional national joint committee for the employees |
|
|
|
|
Joint Industrial
Committee (JIC) |
|
|
Event Date |
03/12/2010 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 03-12-2010: Herbenoeming als bestuurders voor een periode van 6 jaar: Steppe Mireille (tevens gedelegeerd bestuurder) en De Wolf Laurent |
|
Annual
accounts |
30-06-2014 |
% |
30-06-2013 |
% |
30-06-2012 |
% |
30-06-2011 |
% |
30-06-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
|
|
|
|
|
|
|
|
|
|
|
Total fixed assets |
451,672 |
51.59 |
297,965 |
-11.60 |
337,064 |
-6.26 |
359,590 |
1.58 |
353,986 |
|
|
|
|
|
|
|
|
|
|
|
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
451,147 |
51.68 |
297,440 |
-11.62 |
336,539 |
-6.27 |
359,065 |
1.59 |
353,461 |
|
Land & building |
339,459 |
30.06 |
261,010 |
-8.58 |
285,511 |
-8.23 |
311,125 |
-7.50 |
336,358 |
|
Plant & machinery |
711 |
-41.86 |
1,223 |
47.53 |
829 |
-40.06 |
1,383 |
-28.56 |
1,936 |
|
Furniture & Vehicles |
9,892 |
-33.74 |
14,929 |
-31.90 |
21,922 |
-30.80 |
31,681 |
2654 |
1,150 |
|
Leasing & Other Similar Rights |
12,279 |
-39.45 |
20,278 |
-28.29 |
28,277 |
90.08 |
14,876 |
6.13 |
14,017 |
|
Other tangible assets |
88,806 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
525 |
0 |
525 |
0 |
525 |
0 |
525 |
0 |
525 |
|
Total current assets |
399,657 |
6.24 |
376,184 |
3.00 |
365,226 |
-9.43 |
403,264 |
14.95 |
350,804 |
|
Inventories |
35,617 |
50.68 |
23,638 |
-6.45 |
25,269 |
-65.63 |
73,520 |
174 |
26,800 |
|
Raw materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other stocks |
35,617 |
50.68 |
23,638 |
-6.45 |
25,269 |
-65.63 |
73,520 |
174 |
26,800 |
|
Trade debtors |
39,794 |
-81.25 |
212,269 |
12.43 |
188,808 |
1.02 |
186,894 |
-6.05 |
198,930 |
|
Other amounts receivable |
116,127 |
1452 |
7,480 |
-0.13 |
7,490 |
271 |
2,014 |
-71.84 |
7,153 |
|
|
|
|
|
|
|
|
|
|
|
|
Cash |
6,824 |
-63.02 |
18,451 |
-39.17 |
30,331 |
4066 |
728 |
-54.50 |
1,600 |
|
Miscellaneous current assets |
201,295 |
76.04 |
114,346 |
0.90 |
113,328 |
-19.11 |
140,108 |
20.45 |
116,321 |
|
Total Assets |
851,329 |
26.28 |
674,149 |
-4.01 |
702,290 |
-7.94 |
762,854 |
8.24 |
704,790 |
|
|
|
|
|
|
|
|
|
|
|
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
102,079 |
4.64 |
97,548 |
7.49 |
90,754 |
17.31 |
77,364 |
9.75 |
70,488 |
|
Issued share capital |
61,973 |
0 |
61,973 |
0 |
61,973 |
0 |
61,973 |
0 |
61,973 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
40,106 |
12.74 |
35,575 |
23.61 |
28,781 |
87.00 |
15,391 |
80.75 |
8,515 |
|
Provisions for Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
|
|
Creditors |
749,250 |
29.94 |
576,601 |
-5.71 |
611,536 |
-10.79 |
685,490 |
8.07 |
634,302 |
|
Other long term loans |
338,569 |
41.64 |
239,030 |
-13.05 |
274,912 |
-4.84 |
288,891 |
6.65 |
270,867 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
338,569 |
41.64 |
239,030 |
-13.05 |
274,912 |
-4.84 |
288,891 |
6.65 |
270,867 |
|
|
|
|
|
|
|
|
|
|
|
|
Current portion of long term debt |
44,046 |
24.61 |
35,348 |
12.76 |
31,349 |
23.47 |
25,391 |
-10.25 |
28,290 |
|
Financial debts |
22,635 |
- |
- |
- |
22,191 |
-30.39 |
31,880 |
88.51 |
16,912 |
|
Trade creditors |
49,387 |
86.49 |
26,482 |
-52.68 |
55,963 |
-28.29 |
78,042 |
-12.92 |
89,617 |
|
Amounts Payable for Taxes, Remuneration
& |
62,825 |
10.69 |
56,758 |
50.82 |
37,632 |
27.48 |
29,520 |
2.74 |
28,733 |
|
Miscellaneous current liabilities |
231,788 |
5.85 |
218,983 |
15.57 |
189,489 |
-18.24 |
231,766 |
15.95 |
199,883 |
|
Total current liabilities |
410,681 |
21.66 |
337,571 |
0.28 |
336,624 |
-15.12 |
396,599 |
9.13 |
363,435 |
|
Total Liabilities |
851,329 |
26.28 |
674,149 |
-4.01 |
702,290 |
-7.94 |
762,854 |
8.24 |
704,790 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Return on capital employed |
-0.25 |
-112 |
1.95 |
-63.69 |
5.37 |
231 |
1.62 |
268 |
0.44 |
|
Return on total assets employed |
-0.13 |
-113 |
0.97 |
-65.36 |
2.80 |
258 |
0.78 |
271 |
0.21 |
|
Return on net assets employed |
-1.10 |
-116 |
6.71 |
-69.01 |
21.65 |
181 |
7.69 |
262 |
2.12 |
|
Sales / net working capital |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Stock turnover ratio |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Debtor days |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
SHORT TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.97 |
-12.61 |
1.11 |
2.78 |
1.08 |
5.88 |
1.02 |
5.15 |
0.97 |
|
Liquidity ratio / acid ratio |
0.89 |
-14.42 |
1.04 |
2.97 |
1.01 |
21.69 |
0.83 |
-6.74 |
0.89 |
|
Current debt ratio |
4.02 |
16.18 |
3.46 |
-6.74 |
3.71 |
-27.68 |
5.13 |
-0.58 |
5.16 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
73,581 |
52.83 |
48,147 |
-26.67 |
65,654 |
30.59 |
50,274 |
3.08 |
48,771 |
|
Net worth |
102,079 |
4.64 |
97,548 |
7.49 |
90,754 |
17.31 |
77,364 |
9.75 |
70,488 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
397.00 |
41.15 |
281.27 |
-22.28 |
361.91 |
-19.12 |
447.45 |
-0.21 |
448.40 |
|
Equity in percentage |
11.99 |
-17.14 |
14.47 |
12.00 |
12.92 |
27.42 |
10.14 |
1.40 |
10.00 |
|
Total debt ratio |
7.34 |
24.20 |
5.91 |
-12.31 |
6.74 |
-23.93 |
8.86 |
-1.56 |
9.00 |
|
Working capital |
-11,024 |
-128 |
38,613 |
35.00 |
28,602 |
329 |
6,665 |
52.77 |
-12,631 |
|
Operating Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Turnover |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Total operating expenses |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Gross Operating Margin |
176,344 |
31.57 |
134,034 |
-13.47 |
154,901 |
12.58 |
137,593 |
-19.53 |
170,980 |
|
Operating Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Employee costs |
86,855 |
36.13 |
63,803 |
9.12 |
58,470 |
-19.46 |
72,594 |
-23.70 |
95,146 |
|
Wages and salary |
69,201 |
34.54 |
51,435 |
8.13 |
47,568 |
-18.49 |
58,359 |
-24.10 |
76,886 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
16,970 |
49.28 |
11,368 |
13.99 |
9,973 |
-21.62 |
12,724 |
-24.76 |
16,912 |
|
Other employee costs |
684 |
-31.60 |
1,000 |
7.64 |
929 |
-38.52 |
1,511 |
12.09 |
1,348 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
69,050 |
66.98 |
41,353 |
-17.73 |
50,264 |
15.82 |
43,398 |
-12.06 |
49,347 |
|
Operating result |
20,439 |
-29.22 |
28,878 |
-37.45 |
46,167 |
41.11 |
32,718 |
23.52 |
26,487 |
|
Total financial income |
3 |
-98.05 |
154 |
352 |
34 |
277 |
9 |
-55.00 |
20 |
|
Total financial expenses |
21,563 |
-4.09 |
22,483 |
-15.34 |
26,556 |
-0.84 |
26,781 |
7.07 |
25,012 |
|
Results on ordinary operations before
taxation |
-1,121 |
-117 |
6,549 |
-66.66 |
19,645 |
230 |
5,946 |
297 |
1,495 |
|
Extraordinary Income |
11,618 |
53.68 |
7,560 |
128 |
3,306 |
-53.98 |
7,184 |
- |
- |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
11,618 |
53.68 |
7,560 |
128 |
3,306 |
-53.98 |
7,184 |
- |
0 |
|
Results for the Year Before Taxation |
10,497 |
-25.60 |
14,109 |
-38.53 |
22,951 |
74.80 |
13,130 |
778 |
1,495 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
5,966 |
-18.44 |
7,315 |
-3.25 |
7,561 |
20.90 |
6,254 |
201 |
2,071 |
|
Results on ordinary operations after taxation |
-7,087 |
-825 |
-766 |
-106 |
12,084 |
3923 |
-308 |
53.47 |
-576 |
|
Net result |
4,531 |
-33.31 |
6,794 |
-55.85 |
15,390 |
123 |
6,876 |
1193 |
-576 |
|
Profit (Loss) for the Year to be appropiated |
4,531 |
-33.31 |
6,794 |
-55.85 |
15,390 |
123 |
6,876 |
1193 |
-576 |
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2013 |
|
|
|
|
Full-time Employees |
|
1 |
|
|
Part-time Employees |
|
- |
|
|
Total Fte Employees |
|
1 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
1,725 |
|
|
Part-time Employees |
|
- |
|
|
Total |
|
1,725 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
86,856 |
|
|
Part-time Employees |
|
- |
|
|
Total |
|
86,856 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
1 |
|
|
Actual working hours |
|
1,762 |
|
|
Personnel Charges |
|
63,803 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
1 |
- |
1 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
1 |
- |
1 |
|
Higher
education (non university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
- |
- |
- |
|
Higher
education (non university) |
- |
- |
- |
|
Higher
education (university) |
- |
- |
- |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
1 |
- |
1 |
|
Blue
collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
- |
|
|
Actual
working hours |
|
- |
|
|
Cost
of temporary staff |
|
- |
|
|
Total
of formal continuing vocational training initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number
of employees |
- |
- |
|
Number
of training hours |
- |
- |
|
Net
costs for enterprise |
- |
- |
|
Total
of less formal and informal continuing
vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number
of employees |
- |
- |
|
Number
of training hours |
- |
- |
|
Net
costs for enterprise |
- |
- |
|
Total
of initial training initiatives at the expense
of the |
|
|
|
employer |
Male |
Female |
|
Number
of employees |
- |
- |
|
Number
of training hours |
- |
- |
|
Net
costs for enterprise |
- |
- |
|
Industry comparison |
|
|
Activity code |
46412 |
|
Activity description |
Wholesale of household textiles and bedding |
Payment
Information Summary
Total number of Invoices available 40
Total number of Invoices paid within or up to 30 days after the due date 35
Total number of Invoices paid more than 30 days after the due date 5
Total number of Invoices currently outstanding where the due date has not yet been reached 0
Total number of Invoices currently outstanding beyond the due date 0
|
Suspension of payments
/ moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment expectations |
|
|
Payment expectation days |
- |
|
Day sales outstanding |
- |
|
|
|
|
Industry comparison |
|
|
Activity code |
46412 |
|
Activity description |
Wholesale of household textiles and bedding |
|
industry average
credit rating |
89.09 |
|
Industry average
credit limit |
97.91 |
Payment expectations
|
Company result |
- |
|
Lower |
88.08 |
|
Median |
49.01 |
|
Upper |
19.25 |
Day sales outstanding
|
Company result |
|
|
Lower |
95.35 |
|
Median |
42.54 |
|
Upper |
17.96 |
|
Summary |
|
|
Group - Number of
Companies |
0 |
|
Linkages - Number
of Companies |
0 |
|
Number of Countries |
0 |
No group structure for this company.
No minority shareholders found
|
Business number |
Company name |
% |
Date of accounts |
|
466242574 |
2 |
30/09/2014 |
SHAREHOLDER NAME
|
Forename |
Laurent |
Middle name |
Antoine |
|
Surname |
De Wolf |
|
|
|
|
|
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
|
|
|
|
|
Start date |
28/07/1998(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
|
|
|
|
|
Street name |
Ninovesteenweg |
House number |
91 |
|
Minor town |
Erembodegem |
Postal town |
Aalst |
|
Post code |
9320 |
Country |
Belgium |
|
|
|
|
|
|
SHAREHOLDER NAME |
|
|
|
|
|
|
|
|
|
Forename |
Mireille |
Middle name |
- |
|
Surname |
Steppe |
|
|
|
|
|
|
|
|
SHAREHOLDER DETAILS |
|
|
|
|
|
|
|
|
|
Start date |
28/07/1998(estimated) |
End date |
- |
|
Percentage owned |
- |
|
|
|
|
|
|
|
|
SHAREHOLDER ADDRESS |
|
|
|
|
|
|
|
|
|
Street name |
Karel Van de Woestijnestraat |
House number |
16 |
|
Minor town |
- |
Postal town |
Aalst |
|
Post code |
9300 |
Country |
Belgium |
|
Summary |
|
|
Group - Number of
Companies |
0 |
|
Linkages - Number
of Companies |
0 |
|
Number of Countries |
0 |
There is no data for this company
There is no data for this company
There is no data for this company
Current director details
|
Name |
|
|
Position |
Chairman of the Board |
|
Start Date |
18/06/1998 |
|
Street |
12 DAALSTRAAT ERPE-MERE |
|
Post code |
9420 |
|
Country |
Belgium |
|
|
|
|
Position |
Managing Director |
|
Start Date |
03/12/2010 |
|
Street |
12 DAALSTRAAT ERPE-MERE |
|
Post code |
9420 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
18/06/1998 |
|
Street |
12 DAALSTRAAT ERPE-MERE |
|
Post code |
9420 |
|
Country |
Belgium |
|
|
|
|
Name |
|
|
Position |
Director |
|
Start Date |
03/12/2010 |
|
End Date |
03/12/2016 |
|
Date of birth |
11/06/1999 |
|
Street |
262 SINT-JOBSTRAAT AALST |
|
Post code |
9300 |
|
Country |
Belgium |
|
|
|
|
Position |
Legal Representative |
|
Start Date |
03/12/2010 |
|
Date of birth |
11/06/1999 |
|
Street |
262 SINT-JOBSTRAAT AALST |
|
Post code |
9300 |
|
Country |
Belgium |
|
|
|
|
Name |
|
|
Position |
Director |
|
Start Date |
03/12/2010 |
|
Date of birth |
15/02/1977 |
|
Street |
91 NINOVESTEENWEG AALST |
|
Post code |
9320 |
|
Country |
Belgium |
Former director details
|
Name |
|
|
Position |
Director |
|
Start Date |
19/02/2010 |
|
End Date |
30/06/2011 |
|
Date of birth |
29/12/1992 |
|
Street |
262 SINT-JOBSTRAAT AALST |
|
Post code |
9300 |
|
Country |
Belgium |
|
|
|
|
Name |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.81 |
|
UK Pound |
1 |
Rs.98.93 |
|
Euro |
1 |
Rs.69.66 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
|
|
|
|
Report Prepared
by : |
VNT |
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.