MIRA INFORM REPORT

 

 

Report No. :

336218

Report Date :

10.08.2015

 

IDENTIFICATION DETAILS

 

Name :

COMETSAMBRE  SA

 

 

Registered Office :

Rivage  De  Boubier  25 6200 Châtelet

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

19.12.1988

 

 

Com. Reg. No.:

436206426

 

 

Legal Form :

Public  Limited  Liability Company  (BE)

 

 

Line of Business :

Reclaim  of  metal  waste

 

 

No. of Employees :

43 (31.12.2014)

 

 

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

Company  summary

 

Business  number

436206426

Branche  Unit  Number

2042371622

Company  name

COMETSAMBRE  SA

Address

RIVAGE  DE  BOUBIER  25

 

6200 CHÂTELET

Number  of  staff

43

Date  of  establishment

19/12/1988

Telephone  number

071243838

Fax  number

071393308

 

 

Ultimate  holding  company

 

Company  name

Company  Number

Cometsambre  SA

436206426

 

 

Commentary

 

The  business  was  established  over  26  years  ago.

The  business  has  43  employees.

The  business  is  part  of  a  group.

This  business  has  a  foreign  parent  business.

The  business  has  been  at  the  address  for  over  16  years.

Operating  Result  in  the  latest  trading  period  decreased  38%  on  the  previous  trading  period.

Pre-tax  profits  decreased  by  372%  compared  to  the  previous  trading  period.

The  business  saw  an  increase  in  their  Cash  Balance  of  29%  during  the  latest  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2014

196,486,161

-1,965,593

31,015,763

37,649,497

31/12/2013

170,016,064

720,849

32,861,146

44,471,030

31/12/2012

154,460,328

-108,624

30,889,762

36,786,751

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2014

107,631,777

43

14,508,872

949,043

31/12/2013

119,455,623

45

14,508,872

4,396,061

31/12/2012

104,187,847

42

14,508,872

3,586,975

 


Payment  expectations

 

Past  payments

 

Payment  expectation  days

33.35

Industry  average  payment

80.19

Industry  average  day  sales

109.88

expectation  days

 

outstanding

 

Day  sales  outstanding

46.85

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

 

Court  action  type

no

 

PROTESTED  BILLS

 

Bill  amount

-

 

NSSO  DETAILS

 

Date  of  summons

-

 

 

Company  information

 

Business  number

436206426

Company  name

COMETSAMBRE  SA

Fax  number

071393308

Date  founded

19/12/1988

Company  status

active

Company  type

Public  Limited  Liability

 

 

 

Company  (BE)

Currency

Euro  (€)

Date  of  latest  accounts

31/12/2014

Activity  code

38322

Liable  for  VAT

yes

Activity  description

Reclaim  of  metal  waste

VAT  Number

BE.0436.206.426  Check  VAT Number

Belgian  Bullettin  of  Acts

moniteur  belge

 

 

 

 

Contractor  details

 

Registered  contractor

-

number

 

Contractor  description

-

Date  struck  off  register

 

 

 

Personnel  (NSSO  classification)

 

Code

-

Description

-

 

 

Joint  Industrial  Committee  (JIC)

 

JIC  Code

142.01

Description

Joint  subcommittee  for  the  recuperation  of  metals

category

 

 

 

Significant  Events

 

Event  Date

19/12/2013

Event  Description

proposal  of  merger  by  absorption  filed

Event  Details

Commentaire  19-12-2013:  Projet  de  fusion  par  absorption  entre  SA  Comersambre  (  société

 

absorbante)  et  SA  Corefin  (société  absorbée).

 

 

Company  accounts

 

Assets

 

 

 

 

 

 

 

 

 

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

17,330,704

-2.62

17,797,301

-10.72

19,934,677

-9.74

22,086,341

-10.50

24,678,551

Intangible  fixed  assets

49,921

-19.37

61,910

-19.18

76,604

4.19

73,524

-14.30

85,796

Tangible  fixed  assets

13,256,548

-3.31

13,710,906

-9.55

15,159,072

-10.05

16,853,024

-8.54

18,427,473

Land  &  building

9,637,387

-6.09

10,262,337

-2.88

10,566,967

-1.39

10,715,453

-3.37

11,088,671

Plant  &  machinery

1,189,189

-32.44

1,760,181

-4.38

1,840,824

-12.61

2,106,494

-13.03

2,422,103

Furniture  &  Vehicles

56,961

6.53

53,469

-20.55

67,295

46.31

45,995

-43.70

81,699

Leasing  &  Other  Similar

2,240,999

37.07

1,634,919

-38.78

2,670,702

-32.98

3,985,082

-5.69

4,225,462

Rights

 

 

 

 

 

 

 

 

 

Other  tangible  assets

132,012

-

0

-100

13,284

-

0

-100

609,539

Financial  fixed  assets

4,024,235

-0.01

4,024,485

-14.35

4,699,001

-8.93

5,159,793

-16.31

6,165,281

Total  current  assets

90,301,073

-11.17

101,658,321

20.66

84,253,170

48.60

56,698,452

21.92

46,506,141

Inventories

49,476,950

-8.26

53,930,885

20.73

44,669,931

63.12

27,385,510

61.56

16,950,780

Raw  materials  &  consumables

-

-

2,866,793

10.82

2,586,809

-16.17

3,085,807

-8.25

3,363,298

Work  in  progress

0

-

0

-

0

-

0

-

0

Finished  goods

49,476,950

-3.11

51,064,092

21.34

42,083,123

73.18

24,299,703

78.84

13,587,481

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

25,219,567

-15.05

29,688,748

32.35

22,432,287

57.46

14,245,916

-3.49

14,760,488

Other  amounts  receivable

10,016,238

-35.25

15,468,265

1.38

15,258,046

19.78

12,738,461

54.92

8,222,827

Cash

3,226,406

29.32

2,494,898

36.62

1,826,104

10.18

1,657,424

-74.46

6,489,855

Miscellaneous  current  assets

2,361,912

3027

75,525

13.06

66,802

-90.05

671,141

716

82,191

Total  Assets

107,631,777

-9.90

119,455,623

14.65

104,187,847

32.24

78,784,793

10.68

71,184,692

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

31,065,684

-5.64

32,923,056

6.32

30,966,365

-0.28

31,051,818

140

12,907,327

Issued  share  capital

14,508,872

0.00

14,508,872

0

14,508,872

0.00

14,508,872

221

4,512,000

Share  premium  account

-

-

-

-

-

-

-

-

-

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

16,556,812

-10.09

18,414,184

11.89

16,457,493

-0.52

16,542,946

97.05

8,395,327

Provisions  for  Liabilities  &

5,840,000

-22.13

7,500,000

-8.66

8,211,054

-11.20

9,246,730

-1.74

9,410,432

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

-

-

-

-

-

-

57,831

-23.69

75,782

Creditors

70,726,094

-10.51

79,032,567

21.57

65,010,428

69.17

38,428,414

-21.24

48,791,151

Other  long  term  loans

18,074,518

-17.26

21,845,276

24.52

17,544,009

-16.81

21,089,273

-1.21

21,347,040

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

-1

-

0

-

0

-

0

-

0

Total  long  term  debts

23,914,517

-18.51

29,345,276

13.94

25,755,063

-15.26

30,393,834

-1.43

30,833,255

Current  portion  of  long  term

5,916,344

17.78

5,023,243

6.48

4,717,654

13.05

4,173,054

4.45

3,995,216

debt

 

 

 

 

 

 

 

 

 

Financial  debts

28,300,000

-2.41

29,000,000

2.51

28,290,000

5558

500,000

-93.75

8,000,000

Trade  creditors

17,802,594

-0.21

17,840,048

30.59

13,661,013

11.77

12,222,014

-18.97

15,082,571

Amounts  Payable  for  Taxes,

398,923

14.64

347,971

-30.32

499,383

17.20

426,099

32.80

320,850

Remuneration  &  Social

 

 

 

 

 

 

 

 

 

Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current

233,715

-95.30

4,976,029

1567

298,370

1560

17,974

-60.47

45,474

liabilities

 

 

 

 

 

 

 

 

 

Total  current  liabilities

52,651,576

-7.93

57,187,291

20.48

47,466,419

173

17,339,141

-36.82

27,444,110

Total  Liabilities

107,631,777

-9.90

119,455,623

14.65

104,187,847

32.24

78,784,793

10.68

71,184,692

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

-1.00

-338

0.42

600

-0.07

-114

0.49

104

0.24

Return  on  capital  employed

-3.58

-408

1.16

610

-0.19

-114

1.27

56.79

0.81

Return  on  total  assets  employed

-1.83

-405

0.60

600

-0.10

-110

0.99

98.00

0.50

Return  on  net  assets  employed

-6.33

-389

2.19

625

-0.35

-113

2.51

-9.06

2.76

Sales  /  net  working  capital

5.22

36.65

3.82

-9.05

4.20

3.19

4.07

-48.09

7.84

Stock  turnover  ratio

25.18

-20.62

31.72

9.68

28.92

69.02

17.11

50.88

11.34

Creditor  days

33.35

-14.31

38.92

20.16

32.39

15.55

28.03

-24.57

37.16

Debtor  days

46.85

-26.50

63.74

20.24

53.01

63.21

32.48

-9.90

36.05

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

1.72

-3.37

1.78

0

1.78

-45.57

3.27

93.49

1.69

Liquidity  ratio  /  acid  ratio

0.78

-6.02

0.83

0

0.83

-50.89

1.69

56.48

1.08

Current  debt  ratio

1.69

-2.87

1.74

13.73

1.53

173

0.56

-73.71

2.13

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

949,043

-78.41

4,396,061

22.56

3,586,975

-12.53

4,100,825

2.11

4,016,027

Net  worth

31,015,763

-5.62

32,861,146

6.38

30,889,762

-0.29

30,978,294

141

12,821,531

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

168.32

-0.81

169.69

3.94

163.25

96.76

82.97

-67.88

258.32

Equity  in  percentage

28.88

4.71

27.58

-7.26

29.74

-24.61

39.45

117

18.15

Total  debt  ratio

2.46

-6.46

2.63

11.44

2.36

53.25

1.54

-65.93

4.52

Working  capital

37,649,497

-15.34

44,471,030

20.89

36,786,751

-6.54

39,359,311

106

19,062,031

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

201,470,303

17.05

172,122,376

9.66

156,957,670

-3.84

163,220,491

8.09

151,007,307

Turnover

196,486,161

15.57

170,016,064

10.07

154,460,328

-3.51

160,079,219

7.11

149,448,662

Total  operating  expenses

194,817,546

16.45

167,298,619

8.68

153,936,529

-3.27

159,141,073

7.42

148,147,179

Gross  Operating  Margin

-

-

-

 

-

-

-

-

-

Operating  Charges

199,801,688

17.94

169,404,931

8.29

156,433,871

-3.60

162,282,345

8.40

149,705,824

Employee  costs

2,378,405

0.60

2,364,214

3.34

2,287,815

7.69

2,124,405

37.70

1,542,778

Wages  and  salary

1,517,602

-1.90

1,547,013

6.06

1,458,676

6.57

1,368,778

36.05

1,006,081

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security

521,162

0.11

520,613

2.87

506,067

10.70

457,142

38.14

330,931

contributions

 

 

 

 

 

 

 

 

 

Other  employee  costs

339,640

14.52

296,588

-8.20

323,072

8.24

298,485

45.06

205,766

Director  remuneration

-

-

-

-

-

-

-

-

-

Amortization  and

2,557,732

-20.38

3,212,334

-5.36

3,394,256

4.12

3,259,998

-8.15

3,549,323

depreciation

 

 

 

 

 

 

 

 

 

Operating  result

1,668,615

-38.60

2,717,445

418

523,799

-44.17

938,146

-27.92

1,301,484

Total  financial  income

765,067

-37.46

1,223,415

33.42

916,947

-23.50

1,198,644

96.82

609,008

Total  financial  expenses

4,399,276

36.62

3,220,012

107

1,549,371

14.16

1,357,151

-12.69

1,554,323

Results  on  ordinary

-1,965,593

-372

720,849

663

-108,624

-113

779,639

118

356,169

operations  before  taxation

 

 

 

 

 

 

 

 

 

Extraordinary  Income

359,332

-25.74

483,872

-35.83

754,106

912

74,512

-42.83

130,343

Extraordinary  Charges

664

-96.06

16,873

-96.69

509,471

1528

31,276

-13.22

36,039

Extraordinary  items

358,668

-23.20

466,999

90.90

244,634

465

43,236

-54.15

94,304

Results  for  the  Year  Before

-1,606,925

-235

1,187,848

773

136,010

-83.47

822,875

82.67

450,473

Taxation

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

1,764

-57.19

4,121

267

1,122

-

-

-

7,109

Results  on  ordinary

-1,967,357

-374

716,728

653

-109,746

-114

779,639

123

349,059

operations  after  taxation

 

 

 

 

 

 

 

 

 

Net  result

-1,608,689

-235

1,183,727

514

192,719

-77.08

840,827

80.16

466,704

Profit  (Loss)  for  the  Year  to be  appropiated

-1,608,689

-235

1,183,727

288

305,029

-65.17

875,690

71.02

512,032

Dividends

-

-

-

-

-

-

-

-

-

 

 

Social  Balance  Sheet  Details

 

Social  Balance  Sheet

 

Total

 

During  the  reporting  year

 

 

 

ended  31-12-2014

 

 

 

Full-time  Employees

 

44

 

Part-time  Employees

 

-

 

Total  Fte  Employees

 

44

 

 

 

 

 

Number  of  hours  worked

 

 

 

Full-time  Employees

 

73,913

 

Part-time  Employees

 

-

 

Total

 

73,913

 

 

 

 

 

Personnel  Charges

 

 

 

Full-time  Employees

 

2,378,405

 

Part-time  Employees

 

-

 

Total

 

2,378,405

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

55,626

 

During  the  previous  reporting  year

 

 

 

Average  number  employees  in  Fte

 

42

 

Actual  working  hours

 

69,594

 

Personnel  Charges

 

2,364,214

 

Benefits  In  Addition  To  Wages

 

50,761

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

43

-

43

Contracts

 

 

 

Limited  Duration  Contracts

-

-

-

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding Substitution

-

-

-

 

 

 

 

Gender  and  Education Level

 

 

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

5

-

5

Secondairy  education

18

-

18

Higher  education  (non

6

-

6

university)

 

 

 

Higher  education

1

-

1

(university)

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

5

-

5

Higher  education  (non

7

-

7

university)

 

 

 

Higher  education

1

-

1

(university)

 

 

 

 

 

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

19

-

19

Blue  collar  worker

24

-

24

Other

-

-

-

Temporary  personnel

 

Total

 

 

 

 

 

Average  number  of  temporary  staff

 

11

 

Actual  working  hours

 

21,205

 

Cost  of  temporary  staff

 

485,004

 

 

 

 

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

1

-

1

Leavers

4

-

4

 

 

Total  of  formal  continuing  vocational  training  initiatives

 

 

for  workers  paid  by  the  employer

Male

Female

Number  of  employees

25

5

Number  of  training  hours

282

34

Net  costs  for  enterprise

23,347

4,348

Total  of  less  formal  and  informal  continuing  vocational

 

 

training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

36

11

Number  of  training  hours

256

248

Net  costs  for  enterprise

15,892

11,967

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

38322

Activity  description

Reclaim  of  metal  waste

 

 

Payment  Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

30

Total  number  of  Invoices  paid  within  or  up  to  30  days  after  the  due  date

16

Total  number  of  Invoices  paid  more  than  30  days  after  the  due  date

4

Total  number  of  Invoices  currently  outstanding  where  the  due  date  has  not  yet  been  reached

10

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

 

Suspension  of  payments  /  moratorium  history

 

Amount

-

Details

-

Payment  expectations

 

Payment  expectation  days

33.35

Day  sales  outstanding

46.85

 

 

Industry  comparison

 

Activity  code

38322

Activity  description

Reclaim  of  metal  waste

Industry  average  payment

80.19

expectation  days

 

Industry  average  day  sales

109.88

outstanding

 

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

33.35

Lower

102.15

Median

62.47

Upper

34.05

 

 

Day  sales  outstanding

 

Company  result

46.85

Lower

71.11

Median

47.83

Upper

24.49

 


Shareholder  Details

 

Summary

 

Group  -  Number  of  Companies

9

Linkages  -  Number  of  Companies

1

Number  of  Countries

1

 

 

Group  Structure

 

Company  name

Number

Latest

 

 

financials

- COMETSAMBRE  SA

436206426

31-12-2014

- - COFIVA  SA

476049868

30-09-2011

- - COMET  BRUXELLES  SA

808233395

31-12-2014

- - COMET  FLUVIAL  SPRL

479984407

31-03-2014

- - COMET  TRANSPORTS  SA

477285728

31-12-2013

- - COREFIN  SA

472199562

30-11-2013

- - - SOBOREF  SA

457910670

30-11-2013

- - ENTREPRISE  VAN  BASTELAERE  SA

433432721

31-12-2014

- - COMET  ROUEN  SOC.ETR.  E.P.B.

 

 

 

 

Minority  Shareholders

 

No  minority  shareholders  found

 

 

Minority  Interests

 

Business

Company  name

%

Date  of

number

 

 

accounts

-

SAS  COVANORD  SOC.ETR.  E.P.B.

37

-

-

TERECOVAL  SAS  SOC.ETR.

28.33

-

E.P.B.

 

 

 

887964427

Vehicle  &  Metal  Recycling  SA

2.4

31/12/2013

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

9

Linkages  -  Number  of  Companies

1

Number  of  Countries

1

 

NAME

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

RECYCAR  SA

456173677

31.12.2014

-

 

 

Summons

 

There  is  no  data  for  this  company

 

 

Protested  Bills

 

There  is  no  data  for  this  company

 

 

Bankruptcy  and  other  legal  events

 

There  is  no  data  for  this  company

 

 

Director  details

 

Current  director  details

 

Name

ALFRED  GROSJEAN

Position

Director

Start  Date

30/06/2006

Street

100 CHEMIN  D'OULTRE-HEURE  HAM-SUR-HEURE-NALINNES

Post  code

6120

Country

Belgium

 

 

Name

PHILIPPE  ALFRED  GROSJEAN

Position

Managing  Director

Start  Date

15/12/2011

End  Date

15/12/2017

Date  of  birth

30/04/1959

Street

6 ALLÉE  DES  ECUREUILS  GERPINNES

Post  code

6280

Country

Belgium

 

 

Position

Director

Start  Date

06/11/2007

Date  of  birth

30/04/1959

Street

6 ALLÉE  DES  ECUREUILS  GERPINNES

Post  code

6280

Country

Belgium

 

 

Position

Chairperson

Start  Date

24/06/2008

Date  of  birth

30/04/1959

Street

6 ALLÉE  DES  ECUREUILS  GERPINNES

Post  code

6280

Country

Belgium

 

 

Name

PASCAL  SALADIN

Position

Legal  Representative

Start  Date

30/06/2007

Street

31 RUE  DU  BOIS  WALCOURT

Post  code

5651

Country

Belgium

 

 

Name

SPARAXIS  SA

Position

Director

Start  Date

01/05/2015

Date  of  birth

27/01/1994

Street

13 AVENUE  MAURICE  DESTENAY  LIÈGE

Post  code

4000

Country

Belgium

 

 

Name

JACQUES  DURON

Position

Director

Start  Date

14/06/2012

End  Date

13/06/2018

Street

2 RUE  D'AMIENS  LILLE

Post  code

5980

Country

Belgium

 

 

Name

CLAUDE  BODSON

Position

Director

Start  Date

14/06/2012

End  Date

13/06/2018

Date  of  birth

17/07/1953

Street

172 RUE  DU  VERT  BOIS  MONTIGNY-LE-TILLEUL

Post  code

6110

Country

Belgium

 

 

Name

MAXIME  GROSJEAN

Position

Director

Start  Date

15/12/2011

End  Date

15/12/2017

Street

25 AVENUE  DES  FAISANS  MONTIGNY-LE-TILLEUL

Post  code

6110

Country

Belgium

 

 

Name

GUILLAUME  PHILIPPE  GROSJEAN

Position

Director

Start  Date

15/12/2011

End  Date

15/12/2017

Date  of  birth

17/05/1983

Street

4 AVENUE  DES  FAISANS  MONTIGNY-LE-TILLEUL

Post  code

6110

Country

Belgium

 

 

Name

FRANÇOIS  FONTAINE

Position

Director

Start  Date

15/12/2011

Street

259 AVENUE  DE  L'EUROPE  CHARLEROI

Post  code

6010

Country

Belgium

 

 

Position

Partner

Start  Date

15/12/2011

Street

259 AVENUE  DE  L'EUROPE  CHARLEROI

Post  code

6010

Country

Belgium

 

 

Name

AURORE  GROSJEAN

Position

Director

Start  Date

15/12/2011

End  Date

15/12/2017

Street

6 AVENUE  DES  ECUREUILS  MONTIGNY-LE-TILLEUL

Post  code

6110

Country

Belgium

 

 

Name

COMPAG.BELGE  PARTICIP.IND.ET  IMM  SA

Position

Director

Start  Date

15/12/2011

End  Date

15/12/2017

Date  of  birth

28/10/2004

Street

25 RIVAGE  DE  BOUBIER  CHÂTELET

Post  code

6200

Country

Belgium

 

 

Name

FEDERALE  PARTICIPATIE-  EN  INVESTERINGSMAATSCHAPPIJ  ET.  PUBL.  SA

Position

Director

Start  Date

15/12/2011

End  Date

15/12/2017

Date  of  birth

16/09/1994

Street

32 AVENUE  LOUISE  BRUXELLES

Post  code

1050

Country

Belgium

 

 

Name

MICHEL  PIRLET

Position

Partner

Start  Date

15/12/2011

Street

 

Post  code

 

Country

 

Former  director  details

 

Name

ALFRED  GROSJEAN

Position

Chairman  of  the  Board

Start  Date

16/05/2000

End  Date

30/06/2006

Street

100 CHEMIN  D'OULTRE-HEURE  HAM-SUR-HEURE-NALINNES

Post  code

6120

Country

Belgium

 

 

Name

PHILIPPE  ALFRED  GROSJEAN

Position

Legal  Representative

Start  Date

01/06/2010

End  Date

15/12/2011

Date  of  birth

30/04/1959

Street

6 ALLÉE  DES  ECUREUILS  GERPINNES

Post  code

6280

Country

Belgium

 

 

Name

ACIERS  GROSJEAN  SA

Position

Director

Start  Date

27/11/1997

End  Date

15/12/2011

Date  of  birth

14/06/1989

Street

23 RUE  DE  ZONE  CHARLEROI

Post  code

6032

Country

Belgium

 

 

Name

FABIENNE  RENÉE  JOSIANE  GOFFIN

Position

Director

Start  Date

31/07/1997

End  Date

04/01/1994

Date  of  birth

11/03/1951

Street

34 RUE  DE  LA  CONCORDE  BRUXELLES

Post  code

1050

Country

Belgium

 

Former  mandates  in  other  companies

 

 

 

Name

Recyval  SA

Business  number

457910868

Position

Director

Start  Date

15/09/1997

End  Date

20/12/2011

 

 

Name

Recymet  SA

Business  number

448832460

Position

Director

Start  Date

10/01/2008

End  Date

25/05/2011

 

 

Name

Vehicle  &  Metal  Recycling  SA

Business  number

887964427

Position

Director

Start  Date

14/03/2007

End  Date

14/06/2012

 


 

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 :

KAR

 

 

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%)

 

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.