MIRA INFORM REPORT

 

 

Report No. :

336226

Report Date :

11.08.2015

 

IDENTIFICATION DETAILS

 

Name :

SOLVAY CHEMICALS INTERNATIONAL SA

 

 

Registered Office :

Rue De Ransbeek 310 1120 Bruxelles

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

07.08.1969

 

 

Com. Reg. No.:

406804736

 

 

Legal Form :

Public Limited Liability Company (BE)

 

 

Line of Business :

Activities of holding companies

 

 

No. of Employee :

49

 

 

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

 

Maximum Credit Limit :

€33900000.

 

 

Status :

Satisfactory

 

 

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                     406804736

Branche Unit Number               2002735145

Company name                        SOLVAY CHEMICALS INTERNATIONAL SA

Address                                   RUE DE RANSBEEK 310

1120 BRUXELLES

Number of staff                        49

Date of establishment               07/08/1969

Telephone number                   022642111

Fax number                              022643061

 

 

Commentary

 

The business was established over 45 years ago.

The business has 49 employees.

The business is part of a group.

The business has been at the address for over 3 years.

Operating Result in the latest trading period decreased 77% on the previous trading period.

Pre-tax profits decreased by 82% compared to the previous trading period.

 

 

Accounts 

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2013

2,078,455,544

5,434,203

286,627,639

185,180,860

31/12/2012

2,126,893,933

31,576,703

279,223,993

178,292,535

31/12/2011

2,099,537,332

27,658,766

256,265,996

145,207,336

 

ACCOUNTS

 

 

 

 

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

651,843,745

49

210,047,432

7,403,646

31/12/2012

614,826,515

47

210,047,432

23,005,156

31/12/2011

622,746,633

45

210,047,432

29,764,457

 

 

Trends

 

Profitability

Liquidity

Net  worth

 

 

Payment expectations

 

Past  payments

 

Payment  expectation  days

63.21

Industry  average  payment

216.34

Industry  average  day  sales

674.94

expectation  days

 

outstanding

 

Day  sales  outstanding

54.24

 

 

 

 

Court data summary

 

BANKRUPTCY DETAILS

Court action type                       No

 

PROTESTED BILLS

Bill amount                                --

 

NSSO DETAILS

Date of summons                     --

 

 

Company information

 

Business  number

406804736

Company  name

SOLVAY  CHEMICALS

 

 

 

INTERNATIONAL  SA

Fax  number

022643061

Date  founded

07/08/1969

Company  status

active

Company  type

Public  Limited  Liability

 

 

 

Company  (BE)

Currency

Euro  (€)

Date  of  latest  accounts

31/12/2013

Activity  code

64200

Liable  for  VAT

yes

Activity  description

Activities  of  holding

VAT  Number

BE.0406.804.736  Check  VAT

 

companies

 

number

Belgian  Bullettin  of  Acts Publications

moniteur  belge

 

 

 

 

Contractor details

 

Registered  contractor

-

number

 

Contractor  description

-

Date  struck  off  register

 

 

 

PERSONNEL  (NSSO  CLASSIFICATION)

 

Code

-

Description

-

 

 

JOINT  INDUSTRIAL  COMMITTEE  (JIC)

 

JIC  Code

207

Description

Joint  committee  for  the  employees  off  he  chemical  industry

category

 

 

 

SIGNIFICANT  EVENTS

 

Event  Date

12/06/2014

Event  Description

re-appointment  of  director(s)

Event  Details

Commentaire  12-06-2014:  Renouvellement  des  mandats  de  Luc  Lebrun  et  de  Guillaume  Buco  pour

 

une  durée  de  6  ans.

 

 

Company accounts

 

ASSETS

 

 

 

 

 

 

 

 

 

Annual  accounts

31-12-2013

%

31-12-2012

%

31-12-2011

%

31-12-2010

%

31-12-2009

Weeks

52

 

52

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

Total  fixed  assets

105,158,099

-0.38

105,554,152

-10.01

117,289,575

-1.44

119,003,603

-1.43

120,730,472

Intangible  fixed  assets

39,660

-96.77

1,227,472

-58.49

2,956,714

-37.50

4,730,742

-27.27

6,504,770

Tangible  fixed  assets

31,496

0

31,496

-70.61

107,160

127

47,160

-

-

Land  &  building

-

-

-

-

-

-

-

-

-

Plant  &  machinery

-

-

-

-

-

-

-

-

-

Furniture  &  Vehicles

-

-

-

-

-

-

-

-

-

Leasing  &  Other  Similar

-

-

-

-

-

-

-

-

-

Rights

 

 

 

 

 

 

 

 

 

Other  tangible  assets

31,496

0

31,496

-70.61

107,160

127

47,160

-

0

Financial  fixed  assets

105,086,942

0.76

104,295,184

-8.69

114,225,701

0

114,225,701

0.00

114,225,701

Total  current  assets

546,685,646

7.35

509,272,363

0.75

505,457,058

5.90

477,291,627

-60.01

1,193,452,060

Inventories

37,848,187

41.18

26,808,524

-1.27

27,152,901

13.00

24,030,147

4.63

22,966,352

Raw  materials  &

-

-

2,004

2.02

1,964

-3.69

2,040

-3.70

2,118

consumables

 

 

 

 

 

 

 

 

 

Work  in  progress

0

-

0

-

0

-

0

-

0

Finished  goods

37,848,187

41.19

26,806,520

-1.27

27,150,936

13.00

24,028,108

4.63

22,964,234

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

308,874,822

-1.80

314,520,490

-8.16

342,481,460

6.75

320,827,627

18.98

269,655,667

Other  amounts  receivable

100,875,987

47.60

68,346,058

44.23

47,388,238

371

10,044,095

98.68

5,055,407

Cash

-

-

-

-

-

-

0

-99

1,458

Miscellaneous  current

98,904,025

-0.66

99,560,929

12.58

88,434,460

-27.74

122,389,758

-86.34

895,773,176

Total  Assets

651,843,745

6.02

614,826,515

-1.27

622,746,633

4.44

596,295,230

-54.63

1,314,182,532

 

 

LIABILITIES

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

286,667,299

2.22

280,451,465

8.19

259,222,710

0.54

257,826,996

0.02

257,781,846

Issued  share  capital

210,047,432

0

210,047,432

0

210,047,432

0

210,047,432

0.00

210,047,432

Share  premium  account

36,874,865

0

36,874,865

0

36,874,865

0

36,874,865

0

36,874,865

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

39,745,002

18.54

33,529,168

172

12,300,413

12.80

10,904,699

0.42

10,859,549

Provisions  for  Liabilities  &

3,671,659

8.14

3,395,222

3.70

3,274,200

15.98

2,823,037

8.15

2,610,284

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

-

-

-

-

-

-

-

-

-

Creditors

361,504,787

9.22

330,979,828

-8.12

360,249,722

7.33

335,645,197

-68.15

1,053,790,402

Other  long  term  loans

-

-

-

-

-

-

-

-

-

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

3,671,659

8.14

3,395,222

3.70

3,274,200

15.98

2,823,037

8.15

2,610,284

Current  portion  of  long

-

-

-

-

-

-

-

-

-

term  debt

 

 

 

 

 

 

 

 

 

Financial  debts

67,774

-92.37

888,253

16.71

761,051

-75.23

3,072,051

-99

680,133,734

Trade  creditors

358,597,134

9.96

326,122,161

-0.48

327,709,454

1.26

323,615,749

20.39

268,799,850

Amounts  Payable  for

2,768,703

-28.95

3,896,890

-24.09

5,133,645

13.77

4,512,357

16.58

3,870,514

Taxes,  Remuneration  &

 

 

 

 

 

 

 

 

 

Social  Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current

71,176

-1.86

72,524

-99

26,645,572

499

4,445,040

-95.60

100,986,304

liabilities

 

 

 

 

 

 

 

 

 

Total  current  liabilities

361,504,787

9.22

330,979,828

-8.12

360,249,722

7.33

335,645,197

-68.15

1,053,790,402

Total  Liabilities

651,843,745

6.02

614,826,515

-1.27

622,746,633

4.44

596,295,230

-54.63

1,314,182,532

 

 

RATIO  ANALYSIS

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

Profit  Before  Tax

0.26

-82.43

1.48

12.12

1.32

407

0.26

-66.23

0.77

Return  on  capital  employed

1.87

-83.18

11.12

5.50

10.54

475

1.83

-64.05

5.09

Return  on  total  assets

0.83

-83.85

5.14

15.77

4.44

455

0.80

-20.79

1.01

employed

 

 

 

 

 

 

 

 

 

Return  on  net  assets

1.90

-83.13

11.26

5.53

10.67

476

1.85

-64.01

5.14

employed

 

 

 

 

 

 

 

 

 

Sales  /  net  working  capital

11.22

-5.95

11.93

-17.50

14.46

11.75

12.94

5.37

12.28

Stock  turnover  ratio

1.82

44.44

1.26

-2.33

1.29

-1.53

1.31

-2.24

1.34

Creditor  days

63.21

11.13

56.88

-1.28

57.62

-10.82

64.61

11.90

57.74

Debtor  days

54.24

0.48

53.98

-9.34

59.54

-6.84

63.91

11.36

57.39

 

 

 

 

 

 

 

 

 

 

SHORT TERM STABILITY

Current  ratio

1.51

-1.95

1.54

10.0

1.40

-1.41

1.42

25.66

1.13

Liquidity  ratio  /  acid  ratio

1.41

-3.42

1.46

9.77

1.33

-1.48

1.35

21.62

1.11

Current  debt  ratio

1.26

6.78

1.18

-15.11

1.39

6.92

1.30

-68.22

4.09

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

7,403,646

-67.82

23,005,156

-22.71

29,764,457

378

6,223,399

-58.21

14,893,247

Net  worth

286,627,639

2.65

279,223,993

8.96

256,265,996

1.25

253,096,254

0.72

251,277,076

 

 

 

 

 

 

 

 

 

 

LONG  TERM  STABILITY

Gearing

0.02

-93.75

0.32

10.34

0.29

-75.63

1.19

-99

263.84

Equity  in  percentage

43.98

-3.78

45.71

9.30

41.82

-4.04

43.58

121

19.71

Total  debt  ratio

1.27

6.72

1.19

-15.00

1.40

6.87

1.31

-68.05

4.10

Working  capital

185,180,860

3.86

178,292,535

22.78

145,207,336

2.51

141,646,430

1.42

139,661,658

 

PROFIT  &  LOSS

 

 

 

 

 

 

 

 

 

Operating

2,078,380,014

-2.20

2,125,170,664

1.14

2,101,229,652

14.43

1,836,277,352

7.01

1,716,062,836

Income

 

 

 

 

 

 

 

 

 

Turnover

2,078,455,544

-2.28

2,126,893,933

1.30

2,099,537,332

14.58

1,832,329,169

6.85

1,714,936,008

Total  operating expenses Operating Margin

 

2,070,676,467

-1.06

2,092,903,190

0.81

2,076,040,596

13.55

1,828,239,876

7.59

1,699,344,399

Operating

2,070,600,937

-0.98

2,091,179,921

0.65

2,077,732,915

13.40

1,832,188,060

7.75

1,700,471,228

Charges

 

 

 

 

 

 

 

 

 

Employee  costs

5,762,266

-13.44

6,656,833

21.53

5,477,602

-5.41

5,790,852

9.01

5,312,319

Wages  and

3,728,119

-13.43

4,306,667

16.96

3,682,233

-4.84

3,869,331

8.91

3,552,731

Employee

96,892

-4.02

100,947

89.37

53,306

86.15

28,635

17.20

24,433

Social  security

1,184,505

-6.83

1,271,300

18.35

1,074,211

-12.97

1,234,323

6.82

1,155,528

Other  employee

752,750

-23.03

977,919

46.43

667,851

1.41

658,562

13.62

579,626

Director

-

-

-

-

-

-

-

-

-

remuneration

 

 

 

 

 

 

 

 

 

Amortization  and

1,187,812

-33.13

1,776,401

0.13

1,774,028

0

1,774,028

0.00

1,774,028

depreciation

 

 

 

 

 

 

 

 

 

Operating  result

7,779,077

-77.11

33,990,744

44.66

23,496,737

474

4,089,293

-73.77

15,591,609

Total  financial

8,751,615

-5.17

9,228,419

-63.28

25,132,693

105

12,254,064

-69.55

40,243,420

Total  financial

11,096,489

-4.69

11,642,460

-44.48

20,970,663

81.37

11,562,062

-72.85

42,584,995

Results  on

5,434,203

-82.79

31,576,703

14.17

27,658,766

478

4,781,295

-63.91

13,250,034

Extraordinary

791,758

-

-

-

331,750

-

-

-

-

Extraordinary

-

-

10,347,835

-

-

-

331,750

152780

217

Extraordinary

791,758

7.65

-10,347,835

-3219

331,750

100

-331,750

-152780

-217

Results  for  the

6,225,961

-70.67

21,228,868

-24.16

27,990,516

529

4,449,545

-66.42

13,249,817

Year  Before

 

 

 

 

 

 

 

 

 

Taxation

 

 

 

 

 

 

 

 

 

Taxation

10,127

8861

113

29.22

87

-49.67

174

-99

130,598

Results  on

5,424,076

-82.82

31,576,590

14.17

27,658,679

478

4,781,121

-63.56

13,119,436

ordinary

 

 

 

 

 

 

 

 

 

operations  after

 

 

 

 

 

 

 

 

 

taxation

 

 

 

 

 

 

 

 

 

Net  result

6,215,834

-70.72

21,228,755

-24.16

27,990,429

529

4,449,371

-66.09

13,119,219

Profit  (Loss)  for

6,215,834

-70.72

21,228,755

-24.16

27,990,429

529

4,449,371

-66.09

13,119,219

Dividends

-

-

-

-

26,594,715

503

4,404,220

-

-

 

 

Social Balance  Sheet  Details

 

Social  Balance  Sheet

Total

During  the  reporting  year

 

ended  31-12-2013

 

Full-time  Employees

45

Part-time  Employees

4

Total  Fte  Employees

48

Number  of  hours  worked

 

Full-time  Employees

73,055

Part-time  Employees

5,482

Total

78,537

Personnel  Charges

 

Full-time  Employees

5,479,077

Part-time  Employees

186,296

Total

5,665,373

Benefits  In  Addition  To  Wages

-

During  the  previous  reporting  year

 

Average  number  employees  in  Fte

47

Actual  working  hours

75,763

Personnel  Charges

6,555,886

Benefits  In  Addition  To  Wages

-

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

40

5

44

Contracts

 

 

 

Limited  Duration  Contracts

5

-

5

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)

14

-

14

Higher  education (university)

11

1

12

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

1

2

3

Higher  education  (non university)

14

2

16

Higher  education (university)

4

-

4

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

45

5

49

Blue  collar  worker

-

-

-

Other

-

-

-

 

 

Temporary  personnel

Total

Average  number  of  temporary  staff

0

Actual  working  hours

296

Cost  of  temporary  staff

13,075

 

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

12

-

12

Leavers

10

-

10

 

 

Total  of  formal  continuing  vocational  training  initiatives

 

 

for  workers  paid  by  the  employer

Male

Female

Number  of  employees

21

18

Number  of  training  hours

135

112

Net  costs  for  enterprise

34,441

28,529

Total  of  less  formal  and  informal  continuing  vocational

 

 

training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

27

22

Number  of  training  hours

430

356

Net  costs  for  enterprise

22,525

18,659

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

64200

Activity  description

Activities  of  holding  companies

industry  average  credit

53.18

Industry  average  credit  limit

104658.32

 

 

Payment Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

42

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

26

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

2

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

14

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

 

 

Suspension of payments / moratorium  history

 

Amount

-

Details

-

 

PAYMENT  EXPECTATIONS

 

Payment  expectation  days

63.21

Day  sales  outstanding

54.24

 

INDUSTRY  COMPARISON

 

Activity  code

64200

Activity  description

Activities  of  holding  companies

Industry  average  payment

216.34

Industry average day sales

outstanding

674.94

 

 

INDUSTRY QUARTILE ANALYSIS

 

Payment expectations

Company result             63.21

Lower                           156.40

Median                         66.66

Upper                           28.66

 

DAY SALES OUTSTANDING

 

Company result             54.24

Lower                           92.23

Median                                     34.66

Upper                           9.92

 

 

Shareholder Details

 

SUMMARY

 

Group - Number of Companies              46

Linkages - Number of Companies          1239

Number of Countries                             91

 

GROUP STRUCTURE

 

Company  name

Number

Latest financials

 

 

 

- SOLVAY  SA

403091220

31-12-2013

- - FINANCIERE  SOLVAY  SA

439234113

31-12-2013

- - HESTIA  SA

413879402

31-12-2013

- - RESOL  &  CIE  SNC

448967963

31-12-2013

- - SOLVAY  -  COORDINATION  INTERNATIONALE  DES...

425487035

31-12-2013

- - SOLVAY  BENVIC  &  CIE  -  BELGIUM  SNC

461989125

31-12-2013

- - SOLVAY  CHEMICALS  INTERNATIONAL  SA

406804736

31-12-2013

- - - SOLVAY  STOCK  OPTION  MANAGEMENT  SPRL

882759287

31-12-2013

- - SOLVAY  CHIMIE  SA

408249541

31-12-2013

- - SOLVAY  ENERGY  SA

812307395

31-12-2013

- - SOLVAY  NAFTA  DEVELOPMENT  AND  FINANCING  S...

806535402

31-12-2013

- - SOLVAY  PARTICIPATIONS  BELGIQUE  SA

403409340

31-12-2013

- - - SOLVAY  VOSTOK  SOC.ETR.  E.P.B.

 

 

- - SOLVAY  SPECIALTY  POLYMERS  BELGIUM  SA

880405949

31-12-2013

- - ESPHERES  SA

841887843

31-12-2013

- - - INFORMATION  RESOURCES  SA

435805261

31-03-2014

- - - ESPHERES  DEUTSCHLAND  GMBH

HRB  209251

 

- - 3S SOLVAY SHARED SERVICES LDA SOC.ETR. E...

 

 

- - NIPPON SOLVAY K.K. SOC.ETR. E.P.B.

 

 

- - SOCIETA ELETTROCHIMICA SOLFURI E CLORODE...

 

 

- - SOLVAY ADVANCED SILICAS POLAND SP

 

 

- - SOLVAY AMERICA, INC

 

 

- - SOLVAY BARIO E DERIVATI S.P.A. SOC.ETR. ...

 

 

- - SOLVAY BENVIC ITALIA S.P.A. SOC.ETR. E.P...

 

 

- - SOLVAY CHEMICALS AND PLASTICS HOLDING SO...

 

 

- - SOLVAY CHIMICA ITALIA S.P.A. SOC.ETR. E....

 

 

- - SOLVAY CHIMIE SRL SOC.ETR. E.P.B.

 

 

- - SOLVAY CHIMIKA SA

 

 

- - SOLVAY FINANCE LUXEMBOURG SA

 

 

- - SOLVAY FLUORIDES, LLC

 

 

- - SOLVAY GMBH SOC.ETR. E.P.B.

 

 

- - SOLVAY HONG-KONG LTD SOC.ETR. E.P.B.

 

 

- - SOLVAY IBERICA

ES00217787

31-12-2013

- - SOLVAY KEMIJA D.O.O. SOC.ETR. E.P.B.

 

 

- - SOLVAY LTD (SHANGHA<) SOC.ETR. E.P.B.

 

 

- - SOLVAY NORDIC A.B. SOC.ETR. E.P.B.

 

 

- - SOLVAY POLYMERS AND CHEMICALS SOUTH AFRI...

 

 

- - SOLVAY (SCHWEIZ) AG

CH02013493

 

- - SOLVAY SOLUTIONS ITALIA S.P.A. SOC.ETR. ...

 

 

- - SOLVAY SPEC POLYMERS MANAGEMENT SPRL

 

 

- - SOLVAY SPECIAL CHEMICALS CO LTD

 

 

- - SOLVAY SPECIALTY POLYMERS ITALY S.P.A.

 

 

- - SOLVAY SPECIALTY POLYMERS KOREA COMPANY ...

 

 

- - SOLVAY TAIWAN LTD SOC.ETR. E.P.B.

 

 

- - SOLVAY-CHEM SPOL. S.R.O. SOC.ETR. E.P.B.

 

 

- - SOLVAY-SLOVCHEM SPOL. S.R.O. SOC.ETR. E....

 

 

 

 

MINORITY SHAREHOLDERS

No minority shareholders found

 

MINORITY INTERESTS

No minority interests found

 

 

Linked Companies

 

Summary

 

Group - Number of Companies              46

Linkages - Number of Companies          1239

Number of Countries                             91

 

 

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

 

 

 

 

BASF INDIA

00113972

31.03.2014

€652.724.580

CONTEC

-

31.03.2014

€188.155.369

WINTERSHALL NORGE AS

985224323

31.12.2013

3.280.808

BASF AS

911434016

31.12.2013

254.443 KNOK

BASF NEDERLAND B.V.

09022883

31.12.2013

€488.117.000

SOLVAY PARTICIPATIONS FRANCE

420837684

31.12.2013

-

SOLVAY FINANCE FRANCE

757801261

31.12.2013

-

SOLVAY SOCIETE' ANONYME

00089900492

-

-

RHODIA

352170161

31.12.2008

€6.000.000

RHODIA

352170161

31.12.2008

€6.000.000

BASF SE

HRB  6000

31.12.2013

€75.652.000.000

RHODIA OPERATIONS

622037083

31.12.2012

€2.468.331.234

RHODIANYL

399135482

31.12.2013

-

BASF AGRO B.V.

09113314

31.12.2013

€1.132.178.720

RHODIA HOLDINGS LIMITED

03129113

31.12.2013

-

SOLVAY FINANCE LUXEMBOURG

S.A.

B39650

31.12.2012

-

SOLVAY SPECIALTY POLYMERS

ITALY S.P.A.

03521920961

31.12.2012

€617.801.000

SOLVAY LUXEMBOURG S.À R.L.

B101280

31.12.2013

-

SOLVIN HOLDING NEDERLAND

B.V.

32122523

31.12.2013

-

RHODIA LIMITED

00213674

31.12.2013

-

 

 

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

 

Name

CHRISTIANE  (CHRISTINA)  MALCORPS

Position

Chairman  of  the  Board

Start  Date

20/02/2009

Street

9 DE  MERODESTRAAT  GRIMBERGEN

Post  code

1850

Country

Belgium

Position

Director

Start  Date

01/02/2009

Street

9 DE  MERODESTRAAT  GRIMBERGEN

Post  code

1850

Country

Belgium

Name

CHARLES  GEUENS

Position

Managing  Director

Start  Date

12/06/2014

Street

4 RUE  DU  GROS  TIENNE  RIXENSART

Post  code

1332

Country

Belgium

Position

Director

Start  Date

12/06/2014

Street

4 RUE  DU  GROS  TIENNE  RIXENSART

Post  code

1332

Country

Belgium

Name

LUC  GHISLAIN  ROGER  LEBRUN

Position

Director

Start  Date

11/06/2008

Date  of  birth

20/10/1960

Street

119 CHAUSSÉE  DE  TERVUEREN  BRUXELLES

Post  code

1160

Country

Belgium

Name

GUILLAUME  BUCCO

Position

Chairman  of  the  Board

Start  Date

28/09/2011

Street

56 RUE  DE  PASSY

Post  code

75016

Country

France

Position

Director

Start  Date

08/06/2011

Street

56 RUE  DE  PASSY

Post  code

75016

Country

France

Name

CHARLES  GEUENS

Position

Managing  Director

Start  Date

12/06/2014

Street

 

Post  code

 

Country

 

Position

Director

Start  Date

12/06/2014

Street

 

Post  code

 

 

Current mandates in other companies

 

Name

Fonds  de  Pension  des  Cadres  du  Groupe  Solvay  en  Belgique  en  liquidation  OFP

Business  number

430206777

Position

Partner

Start  Date

21/06/2013

Name

Le  Conseil  International  des  Excipients  Pharmaceutiques  -  Europe  ASBL

Business  number

501816137

Position

Director

Start  Date

28/09/2012

Name

Instelling  voor  bedrijfspensioenvoorzieningen  VZW

Business  number

430206876

Position

Partner

Start  Date

29/10/2013

Former  director  details

 

Name

HAIMO  ZEKOLL

Position

Managing  Director

Start  Date

08/03/2013

End  Date

12/06/2014

Street

66 AVENUE  BELLE  VUE  LA  HULPE

Post  code

1410

Country

Belgium

Position

Director

Start  Date

04/02/2013

End  Date

12/06/2014

Street

66 AVENUE  BELLE  VUE  LA  HULPE

Post  code

1410

Country

Belgium

Name

HAROLD  DE  LAVELEYE

Position

Director

Start  Date

08/06/2011

End  Date

12/06/2014

Street

34 RUE  EMILE  FRANÇOIS  GENAPPE

Post  code

1474

Country

Belgium

Name

JÉRÔME  SOUDAN

Position

Managing  Director

Start  Date

01/07/2007

End  Date

04/02/2013

Street

38 AVENUE  COGHEN  BRUXELLES

Post  code

1180

Country

Belgium

Position

Director

Start  Date

01/07/2007

End  Date

04/02/2013

Street

38 AVENUE  COGHEN  BRUXELLES

Post  code

1180

Country

Belgium

Name

ETIENNE  MONCOMBE

Position

Director

Start  Date

11/06/2008

End  Date

31/12/2012

Street

25 AV.  DU  GÉNÉRAL  DE  GAULLE  BRUXELLES

Post  code

1050

Country

Belgium

Name

CHRISTIANE  MALCORPS

Position

Chairman  of  the  Board

Start  Date

01/02/2009

End  Date

31/12/2012

Street

9 DE  MERODESTRAAT  GRIMBERGEN

Post  code

1850

Country

Belgium

Position

Director

Start  Date

01/02/2009

End  Date

Unknown  date

Street

9 DE  MERODESTRAAT  GRIMBERGEN

Post  code

1850

Country

Belgium

Name

ETIENNE  ANDRÉ  MARIE  MONCOMBLE

Position

Managing  Director

Start  Date

01/10/2007

End  Date

Unknown  date

Date  of  birth

13/04/1949

Street

25 AVENUE  GÉNÉRAL  DE  GAULLE  BRUXELLES

Post  code

1050

Country

Belgium

Position

Director

Start  Date

11/06/2008

End  Date

31/12/2011

Date  of  birth

13/04/1949

Street

25 AVENUE  GÉNÉRAL  DE  GAULLE  BRUXELLES

Post  code

1050

Country

Belgium

Name

JEROME  SOUDAN

Position

Managing  Director

Start  Date

01/07/2007

End  Date

04/02/2013

Street

 

Post  code

 

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.76

UK Pound

1

Rs.98.76

Euro

1

Rs.69.88

 

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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%)

 

 

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.