|
Report No. : |
354156 |
|
Report Date : |
08.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
SOLVAY CHEMICALS INTERNATIONAL SA |
|
|
|
|
Registered Office : |
Rue De Ransbeek 310, 1120 Bruxelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
07.08.1969 |
|
|
|
|
Com. Reg. No.: |
406804736 |
|
|
|
|
Legal Form : |
Public Limited Company |
|
|
|
|
Line of Business : |
Activities of holding companies |
|
|
|
|
No. of Employee : |
47 |
RATING & COMMENTS
|
MIRA’s Rating : |
A |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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 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 a 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 |
SOLVAY
CHEMICALS INTERNATIONAL SA
|
Business number |
406804736 |
|
Branche Unit Number |
2002735145 |
|
Company name |
SOLVAY CHEMICALS INTERNATIONAL SA |
|
Address |
RUE DE RANSBEEK 310 |
|
|
1120 BRUXELLES |
|
Number of staff |
47 |
|
Date of establishment |
07/08/1969 |
|
Telephone number |
022642111 |
|
Fax number |
022641802 |
|
Company name |
Company Number |
|
SOLVAY SA |
403091220 |
The business was established over 46
years ago. The business has 47 employees.
The business is part of a group.
This business has a foreign parent
business. The business has been at the
address for over 3 years. Operating Result
in the latest trading period increased
135% on the previous trading period.
Pre-tax profits increased by 366% compared
to the previous trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
1,827,886,277 |
25,370,376 |
276,781,307 |
196,164,048 |
|
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 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
518,199,042 |
47 |
210,047,432 |
16,279,363 |
|
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 |
|
Past payments |
|
Payment expectation days |
45.34 |
|
Industry average payment |
134.02 |
Industry average day
sales |
253.38 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
44.99 |
|
|
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business number |
406804736 |
Company name |
SOLVAY CHEMICALS |
|
|
|
|
INTERNATIONAL SA |
|
Fax number |
022641802 |
Date founded |
07/08/1969 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
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 |
|
|
|
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. |
|
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 |
84,338,093 |
-19.80 |
105,158,099 |
-0.38 |
105,554,152 |
-10.01 |
117,289,575 |
-1.44 |
119,003,603 |
|
Intangible fixed assets |
34,456 |
-13.12 |
39,660 |
-96.77 |
1,227,472 |
-58.49 |
2,956,714 |
-37.50 |
4,730,742 |
|
Tangible fixed assets |
29,177 |
-7.36 |
31,496 |
0 |
31,496 |
-70.61 |
107,160 |
127 |
47,160 |
|
Land & building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant & machinery |
29,177 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Furniture & Vehicles |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Leasing & Other Similar |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
0 |
-100 |
31,496 |
0 |
31,496 |
-70.61 |
107,160 |
127 |
47,160 |
|
Financial fixed assets |
84,274,460 |
-19.81 |
105,086,942 |
0.76 |
104,295,184 |
-8.69 |
114,225,701 |
0 |
114,225,701 |
|
Total current assets |
433,860,949 |
-20.64 |
546,685,646 |
7.35 |
509,272,363 |
0.75 |
505,457,058 |
5.90 |
477,291,627 |
|
Inventories |
35,114,089 |
-7.22 |
37,848,187 |
41.18 |
26,808,524 |
-1.27 |
27,152,901 |
13.00 |
24,030,147 |
|
Raw materials & |
0 |
- |
0 |
-100 |
2,004 |
2.02 |
1,964 |
-3.69 |
2,040 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
35,114,089 |
-7.22 |
37,848,187 |
41.19 |
26,806,520 |
-1.27 |
27,150,936 |
13.00 |
24,028,108 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
225,295,794 |
-27.06 |
308,874,822 |
-1.80 |
314,520,490 |
-8.16 |
342,481,460 |
6.75 |
320,827,627 |
|
Other amounts receivable |
23,612,725 |
-76.59 |
100,875,987 |
47.60 |
68,346,058 |
44.23 |
47,388,238 |
371 |
10,044,095 |
|
Cash |
2,950,023 |
- |
0 |
- |
0 |
- |
0 |
-100 |
0 |
|
Miscellaneous current assets |
146,888,318 |
48.52 |
98,904,025 |
-0.66 |
99,560,929 |
12.58 |
88,434,460 |
-27.74 |
122,389,758 |
|
Total Assets |
518,199,042 |
-20.50 |
651,843,745 |
6.02 |
614,826,515 |
-1.27 |
622,746,633 |
4.44 |
596,295,230 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
276,815,763 |
-3.44 |
286,667,299 |
2.22 |
280,451,465 |
8.19 |
259,222,710 |
0.54 |
257,826,996 |
|
Issued share capital |
210,047,432 |
0 |
210,047,432 |
0 |
210,047,432 |
0 |
210,047,432 |
0 |
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 |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
29,893,466 |
-24.79 |
39,745,002 |
18.54 |
33,529,168 |
172 |
12,300,413 |
12.80 |
10,904,699 |
|
Provisions for Liabilities
& |
3,538,457 |
-3.63 |
3,671,659 |
8.14 |
3,395,222 |
3.70 |
3,274,200 |
15.98 |
2,823,037 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
237,844,822 |
-34.21 |
361,504,787 |
9.22 |
330,979,828 |
-8.12 |
360,249,722 |
7.33 |
335,645,197 |
|
Other long term loans |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
147,921 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
3,686,378 |
0.40 |
3,671,659 |
8.14 |
3,395,222 |
3.70 |
3,274,200 |
15.98 |
2,823,037 |
|
Current portion of long
term |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
0 |
-100 |
67,774 |
-92.37 |
888,253 |
16.71 |
761,051 |
-75.23 |
3,072,051 |
|
Trade creditors |
224,762,226 |
-37.32 |
358,597,134 |
9.96 |
326,122,161 |
-0.48 |
327,709,454 |
1.26 |
323,615,749 |
|
Amounts Payable for Taxes, |
5,014,511 |
81.11 |
2,768,703 |
-28.95 |
3,896,890 |
-24.09 |
5,133,645 |
13.77 |
4,512,357 |
|
Remuneration & Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
7,920,164 |
11027 |
71,176 |
-1.86 |
72,524 |
-99 |
26,645,572 |
499 |
4,445,040 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
237,696,901 |
-34.25 |
361,504,787 |
9.22 |
330,979,828 |
-8.12 |
360,249,722 |
7.33 |
335,645,197 |
|
Total Liabilities |
518,199,042 |
-20.50 |
651,843,745 |
6.02 |
614,826,515 |
-1.27 |
622,746,633 |
4.44 |
596,295,230 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
1.39 |
434 |
0.26 |
-82.43 |
1.48 |
12.12 |
1.32 |
407 |
0.26 |
|
Return on capital employed |
9.04 |
383 |
1.87 |
-83.18 |
11.12 |
5.50 |
10.54 |
475 |
1.83 |
|
Return on total assets |
4.90 |
490 |
0.83 |
-83.85 |
5.14 |
15.77 |
4.44 |
455 |
0.80 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return on net assets |
9.17 |
382 |
1.90 |
-83.13 |
11.26 |
5.53 |
10.67 |
476 |
1.85 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales / net working
capital |
9.32 |
-16.93 |
11.22 |
-5.95 |
11.93 |
-17.50 |
14.46 |
11.75 |
12.94 |
|
Stock turnover ratio |
1.92 |
5.49 |
1.82 |
44.44 |
1.26 |
-2.33 |
1.29 |
-1.53 |
1.31 |
|
Creditor days |
45.34 |
-28.27 |
63.21 |
11.13 |
56.88 |
-1.28 |
57.62 |
-10.82 |
64.61 |
|
Debtor days |
44.99 |
-17.05 |
54.24 |
0.48 |
53.98 |
-9.34 |
59.54 |
-6.84 |
63.91 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.83 |
21.19 |
1.51 |
-1.95 |
1.54 |
10.0 |
1.40 |
-1.41 |
1.42 |
|
Liquidity ratio / acid
ratio |
1.68 |
19.15 |
1.41 |
-3.42 |
1.46 |
9.77 |
1.33 |
-1.48 |
1.35 |
|
Current debt ratio |
0.86 |
-31.75 |
1.26 |
6.78 |
1.18 |
-15.11 |
1.39 |
6.92 |
1.30 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
16,279,363 |
119 |
7,403,646 |
-67.82 |
23,005,156 |
-22.71 |
29,764,457 |
378 |
6,223,399 |
|
Net worth |
276,781,307 |
-3.44 |
286,627,639 |
2.65 |
279,223,993 |
8.96 |
256,265,996 |
1.25 |
253,096,254 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
- |
- |
0.02 |
-93.75 |
0.32 |
10.34 |
0.29 |
-75.63 |
1.19 |
|
Equity in percentage |
53.42 |
21.46 |
43.98 |
-3.78 |
45.71 |
9.30 |
41.82 |
-4.04 |
43.58 |
|
Total debt ratio |
0.87 |
-31.50 |
1.27 |
6.72 |
1.19 |
-15.00 |
1.40 |
6.87 |
1.31 |
|
Working capital |
196,164,048 |
5.93 |
185,180,860 |
3.86 |
178,292,535 |
22.78 |
145,207,336 |
2.51 |
141,646,430 |
|
Profit
& loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
1,829,622,370 |
-11.97 |
2,078,380,014 |
-2.20 |
2,125,170,664 |
1.14 |
2,101,229,652 |
14.43 |
1,836,277,352 |
|
Turnover |
1,827,886,277 |
-12.06 |
2,078,455,544 |
-2.28 |
2,126,893,933 |
1.30 |
2,099,537,332 |
14.58 |
1,832,329,169 |
|
Total operating |
1,809,574,057 |
-12.61 |
2,070,676,467 |
-1.06 |
2,092,903,190 |
0.81 |
2,076,040,596 |
13.55 |
1,828,239,876 |
|
expenses |
|
|
|
|
|
|
|
|
|
|
Gross Operating |
- |
- |
- |
- |
|
- |
- |
- |
- |
|
Margin |
|
|
|
|
|
|
|
|
|
|
Operating Charges |
1,811,310,150 |
-12.52 |
2,070,600,937 |
-0.98 |
2,091,179,921 |
0.65 |
2,077,732,915 |
13.40 |
1,832,188,060 |
|
Employee costs |
6,033,936 |
4.71 |
5,762,266 |
-13.44 |
6,656,833 |
21.53 |
5,477,602 |
-5.41 |
5,790,852 |
|
Wages and salary |
3,673,649 |
-1.46 |
3,728,119 |
-13.43 |
4,306,667 |
16.96 |
3,682,233 |
-4.84 |
3,869,331 |
|
Employee pension costs |
23,050 |
-76.21 |
96,892 |
-4.02 |
100,947 |
89.37 |
53,306 |
86.15 |
28,635 |
|
Social security contributions |
1,203,951 |
1.64 |
1,184,505 |
-6.83 |
1,271,300 |
18.35 |
1,074,211 |
-12.97 |
1,234,323 |
|
Other employee costs |
1,133,285 |
50.55 |
752,750 |
-23.03 |
977,919 |
46.43 |
667,851 |
1.41 |
658,562 |
|
Director |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
remuneration |
|
|
|
|
|
|
|
|
|
|
Amortization and |
7,018 |
-99 |
1,187,812 |
-33.13 |
1,776,401 |
0.13 |
1,774,028 |
0 |
1,774,028 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
18,312,220 |
135 |
7,779,077 |
-77.11 |
33,990,744 |
44.66 |
23,496,737 |
474 |
4,089,293 |
|
Total financial income |
38,925,188 |
344 |
8,751,615 |
-5.17 |
9,228,419 |
-63.28 |
25,132,693 |
105 |
12,254,064 |
|
Total financial expenses |
31,867,033 |
187 |
11,096,489 |
-4.69 |
11,642,460 |
-44.48 |
20,970,663 |
81.37 |
11,562,062 |
|
Results on ordinary operations before taxation |
25,370,376 |
366 |
5,434,203 |
-82.79 |
31,576,703 |
14.17 |
27,658,766 |
478 |
4,781,295 |
|
Extraordinary Income
|
13,491,004 |
1603 |
791,758 |
- |
- |
- |
331,750 |
- |
- |
|
Extraordinary Charges
|
22,575,715 |
- |
- |
- |
10,347,835 |
- |
- |
- |
331,750 |
|
Extraordinary items
|
-9,084,711 |
-1247 |
791,758 |
7.65 |
-10,347,835 |
-3219 |
331,750 |
100 |
-331,750 |
|
Results for the |
16,285,665 |
161 |
6,225,961 |
-70.67 |
21,228,868 |
-24.16 |
27,990,516 |
529 |
4,449,545 |
|
Year Before |
|
|
|
|
|
|
|
|
|
|
Taxation appropriations |
|
|
|
|
|
|
|
|
|
|
Taxation |
13,320 |
31.54 |
10,127 |
8861 |
113 |
29.22 |
87 |
-49.67 |
174 |
|
Results on |
25,357,056 |
367 |
5,424,076 |
-82.82 |
31,576,590 |
14.17 |
27,658,679 |
478 |
4,781,121 |
|
ordinary |
|
|
|
|
|
|
|
|
|
|
operations after |
|
|
|
|
|
|
|
|
|
|
taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
16,272,345 |
161 |
6,215,834 |
-70.72 |
21,228,755 |
-24.16 |
27,990,429 |
529 |
4,449,371 |
|
Profit (Loss) for the Year to be
appropiated |
16,272,345 |
161 |
6,215,834 |
-70.72 |
21,228,755 |
-24.16 |
27,990,429 |
529 |
4,449,371 |
|
Dividends |
26,123,881 |
- |
- |
- |
- |
- |
26,594,715 |
503 |
4,404,220 |
|
Social Balance Sheet
Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
43 |
|
|
Part-time Employees |
|
5 |
|
|
Total Fte Employees |
|
47 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
69,265 |
|
|
Part-time Employees |
|
6,215 |
|
|
Total |
|
75,480 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
5,759,335 |
|
|
Part-time Employees |
|
251,551 |
|
|
Total |
|
6,010,885 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
48 |
|
|
Actual working hours |
|
78,537 |
|
|
Personnel Charges |
|
5,665,373 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
29 |
2 |
31 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
3 |
1 |
4 |
|
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 |
7 |
- |
7 |
|
university) |
|
|
|
|
Higher education |
8 |
- |
8 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
2 |
1 |
3 |
|
Higher education (non |
10 |
2 |
12 |
|
university) |
|
|
|
|
Higher education |
4 |
- |
4 |
|
(university) |
|
|
|
|
|
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
32 |
3 |
34 |
|
Blue collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
0 |
|
|
Actual working hours |
|
80 |
|
|
Cost of temporary staff |
|
1,542 |
|
|
|
|
|
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
14 |
- |
14 |
|
Leavers |
27 |
2 |
29 |
|
|
|
|
|
|
Total of formal
continuing vocational training initiatives |
|
Male |
Female |
|
for workers paid
by the employer |
|
13 |
15 |
|
Number of employees |
|
97 |
111 |
|
Number of training hours |
|
12,356 |
14,210 |
|
Net costs for enterprise |
|
|
|
|
Total of less
formal and informal continuing vocational |
|
Male |
Female |
|
training initiatives for
workers paid by the employer |
|
16 |
18 |
|
Number of employees |
|
351 |
404 |
|
Number of training hours |
|
18,559 |
21,343 |
|
Net costs for enterprise |
|
|
|
|
Total of initial
training initiatives at the expense of
the |
|
Male |
Female |
|
employer |
|
- |
- |
|
Number of employees |
|
- |
- |
|
Number of training hours |
|
- |
- |
|
Net costs for enterprise |
|
|
|
|
Industry comparison |
|
|
Activity code |
64200 |
|
Activity description |
Activities of holding companies |
|
Payment Information Summary |
|
|
Total number of Invoices available |
78 |
|
Total number of Invoices paid within or up to 30
days after the due date |
59 |
|
Total number of Invoices paid more than 30 days
after the due date |
3 |
|
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 |
15 |
|
Suspension of payments
/ moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
45.34 |
|
Day sales outstanding |
44.99 |
|
Industry comparison |
|
|
Activity code |
64200 |
|
Activity description |
Activities of holding companies |
|
Industry average payment
expectation days |
134.02 |
|
Industry average day
sales outstanding |
253.38 |
Industry quartile analysis
Payment expectations
|
Company result |
45.34 |
|
Lower |
94.21 |
|
Median |
35.16 |
|
Upper |
10.27 |
|
Day sales outstanding |
|
|
Company result |
44.99 |
|
Lower |
165.84 |
|
Median |
73 |
|
Upper |
31.52 |
|
Summary |
|
|
Group - Number of
Companies |
48 |
|
Linkages - Number
of Companies |
1294 |
|
Number of Countries |
93 |
Group
Structure
|
||
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- SOLVAY SA |
403091220 |
31-12-2014 |
|
- - FINANCIERE SOLVAY SA |
439234113 |
31-12-2014 |
|
- - - "INOVYN ELECTROLYSIS SERVICES" SA |
545815436 |
31-12-2014 |
|
- - - "INOVYN TRADE SERVICES" SA |
548858563 |
31-12-2014 |
|
- - HESTIA SA |
413879402 |
31-12-2014 |
|
- - RESOL & CIE V.O.F. |
448967963 |
31-12-2014 |
|
- - SOLVAY - COORDINATION INTERNATIONALE
DES... |
425487035 |
31-12-2014 |
|
- - SOLVAY BENVIC ET CIE - BELGIUM
SNC |
461989125 |
31-12-2013 |
|
- - SOLVAY CHEMICALS
INTERNATIONAL SA |
406804736 |
31-12-2014 |
|
- - - SOLVAY STOCK OPTION MANAGEMENT SPRL |
882759287 |
31-12-2014 |
|
- - - SOLVAY CHEMICALS INDONESIA |
|
|
|
- - SOLVAY CHIMIE SA |
408249541 |
31-12-2014 |
|
- - SOLVAY ENERGY SA |
812307395 |
31-12-2014 |
|
- - SOLVAY NAFTA DEVELOPMENT AND
FINANCING S... |
806535402 |
31-12-2014 |
|
- - SOLVAY PARTICIPATIONS BELGIQUE SA |
403409340 |
31-12-2014 |
|
- - - COGENERATION BELLE ETOILE SA |
|
|
|
- - - SOLVAY VOSTOK SOC.ETR. E.P.B. |
|
|
|
- - SOLVAY SPECIALTY POLYMERS BELGIUM SA |
880405949 |
31-12-2014 |
|
- - ESPHERES SA |
841887843 |
31-12-2014 |
|
- - - INFORMATION RESOURCES SA |
435805261 |
31-03-2015 |
|
- - - ESPHERES DEUTSCHLAND GMBH |
HRB 209251 |
|
|
- - 3S SOLVAY SHARED SERVICES LDA
SOC.ETR. E.. - - AUSIMONT
INDUSTRIES INC USA SOC.ETR. E.P... - - NIPPON SOLVAY
K.K. SOC.ETR. E.P.B. - - SOLVAY ADVANCED
SILICAS POLAND SP - - SOLVAY AMERICA, INC US21490107 16 - - SOLVAY BARIO E DERIVATI S.P.A.
SOC.ETR. ... - - 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 |
B61426177 |
31-12-2013 |
|
- SOLVAY LTD (SHANGHAÏ) SOC.ETR. E.P.B. - - SOLVAY NORDIC A.B. SOC.ETR. E.P.B. - - SOLVAY POLYMERS AND CHEMICALS SOUTH
AFRI... |
|
|
|
- - SOLVAY (SCHWEIZ) AG |
CHE101601183 |
|
|
- - SOLVAY SOLUTIONS ITALIA S.P.A.
SOC.ETR. ... - - 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 UK HOLDING COMPANY LTD
SOC.ETR. E... - - 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
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
KAZPEROXIDE TOO |
50 |
- |
|
- |
SOLVAY VOSTOK OOO |
3.7 |
- |
Companies that match
this address
|
Business number |
Company name |
Date of accounts |
|
880410503 |
BASF INTEROX H202 PRODUCTION SA |
31/12/2014 |
|
461989125 |
SOLVAY BENVIC ET CIE - BELGIUM SNC |
31/12/2013 |
|
871521046 |
INEOS SERVICES BELGIUM SA |
31/12/2014 |
|
871523521 |
INEOS BELGIUM HOLDCO NV |
31/12/2014 |
|
875485178 |
PALL ARTELIS SPRL |
31/12/2013 |
|
403091220 |
SOLVAY SA |
31/12/2014 |
|
448967963 |
RESOL & CIE V.O.F. |
31/12/2014 |
|
458882353 |
BP HIGH DENSITY POLYETHYLENE BELGIUM NV |
31/12/2004 |
|
420571214 |
GROUPEMENT DES AUTOPRODUCTEURS BELGES
D'ELECTRICIT |
- |
|
425487035 |
SOLVAY - COORDINATION INTERNATIONALE DES
CREDITS C |
31/12/2014 |
|
880405949 |
SOLVAY SPECIALTY POLYMERS BELGIUM SA |
31/12/2014 |
|
430206876 |
FONDS DE PENSIONS DES EMPLOYES
BAREMISES ET OUVRIE |
- |
|
466279394 |
"INOVYN BELGIUM" SA |
31/12/2014 |
|
877542370 |
SOLVAY PHARMACEUTICALS SA SA |
31/12/2014 |
|
847636280 |
FIDELIO-CHEM SA |
31/12/2014 |
|
812307395 |
SOLVAY ENERGY SA |
31/12/2014 |
|
439961613 |
RHODIA BELGIUM SA |
31/12/2013 |
|
882759287 |
SOLVAY STOCK OPTION MANAGEMENT SPRL |
31/12/2014 |
|
474710773 |
BRUCELLS NV |
27/11/2012 |
|
806535402 |
SOLVAY NAFTA DEVELOPMENT AND FINANCING
SA |
31/12/2014 |
|
430206777 |
FONDS DE PENSIONS DES CADRES DU
GROUPE SOLVAY EN B |
- |
|
844916322 |
ANTWERP BIOPOWER NV |
31/12/2014 |
|
548858563 |
"INOVYN TRADE SERVICES" SA |
31/12/2014 |
|
403147638 |
"INOVYN MANUFACTURING BELGIUM" SA |
31/12/2014 |
|
403409241 |
COPERSOL SCRL |
31/12/2014 |
|
430891915 |
PEPTISYNTHA NV |
31/12/2014 |
|
545815436 |
"INOVYN ELECTROLYSIS SERVICES" SA |
31/12/2014 |
|
462167980 |
SOLVAY AUTOMOTIVE MANAGEMENT AND
RESEARCH AND CIE |
31/12/2003 |
|
439234113 |
FINANCIERE SOLVAY SA |
31/12/2014 |
|
893290420 |
SOCIÉTÉ DE GESTION MÂLE PLUME SA |
31/12/2013 |
|
408249541 |
SOLVAY CHIMIE SA |
31/12/2014 |
|
413879402 |
HESTIA SA |
31/12/2014 |
|
403409340 |
SOLVAY PARTICIPATIONS BELGIQUE SA |
31/12/2014 |
|
871522234 |
INEOS SALES BELGIUM SA |
31/12/2014 |
|
471737526 |
PLASTIC OMNIUM ADVANCED INNOVATION AND
RESEARCH SA |
31/12/2014 |
|
871523125 |
INEOS SOLUTIONS NV |
31/12/2006 |
|
410696812 |
FONDS ERNEST SOLVAY ASBL |
- |
|
637749858 |
INEOS SOLVENTS BELGIUM SA |
- |
|
Summary |
|
|
Group - Number of
Companies |
48 |
|
Linkages - Number
of Companies |
1294 |
|
Number of Countries |
93 |
LINKED COMPANIES
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
BASF BELGIUM COORDINATION CENTER |
862390376 |
31.12.2014 |
€115.896.041 |
|
BASF INDIA |
00113972 |
31.03.2015 |
€723.648.577 |
|
WINTERSHALL NORGE AS |
985224323 |
31.12.2014 |
585.520.718 KNOK |
|
CONTEC |
- |
31.03.2015 |
€193.107.135 |
|
BASF AS |
911434016 |
31.12.2014 |
251.861 KNOK |
|
BASF NEDERLAND B.V. |
09022883 |
31.12.2014 |
€494.517.000 |
|
B.A.S.F. ANTWERPEN N.V. NV |
404754472 |
31.12.2014 |
€6.514.917.535 |
|
SOLVAY PARTICIPATIONS FRANCE |
420837684 |
31.12.2014 |
- |
|
SOLVAY FINANCE FRANCE |
757801261 |
31.12.2014 |
- |
|
SOLVAY SOCIETE' ANONYME |
00089900492 |
- |
- |
|
RHODIA |
352170161 |
31.12.2008 |
€6.000.000 |
|
RHODIA |
352170161 |
31.12.2008 |
€6.000.000 |
|
BASF SE |
HRB 6000 |
31.12.2014 |
€76.715.000.000 |
|
RHODIA OPERATIONS |
622037083 |
31.12.2014 |
€2.157.256.388 |
|
RHODIANYL |
399135482 |
31.12.2014 |
- |
|
BASF AGRO B. V. |
09113314 |
31.12.2014 |
€1.093.881.598 |
|
RHODIA HOLDINGS LIMITED |
03129113 |
31.12.2014 |
- |
|
SOLVAY FINANCE LUXEMBOURG S.A. |
B39650 |
31.12.2012 |
- |
|
SOLVAY SPECIALTY POLYMERS ITALYS.A. |
03521920961 |
31.12.2013 |
€665.653.000 |
|
SOLVAY LUXEMBOURG S.À. R.L. |
B101280 |
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
Current director details
|
Position |
Managing Director |
|
Start Date |
12/06/2014 |
|
Street |
|
|
Post code Country |
|
|
|
|
|
Name |
Charles Geuens |
|
Position |
Director |
|
Start Date |
12/06/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
GUILLAUME BUCCO |
|
Position |
Director |
|
Start Date |
08/06/2011 |
|
Street |
56 RUE DE PASSY |
|
Post code |
75016 |
|
Country |
France |
|
Name |
Luc Lebrun |
|
Position |
Director |
|
Start Date |
11/06/2008 |
|
Date of birth |
20/10/1960 |
|
Street |
66 RUE DE LOSSIGNOL NIVELLES |
|
Post code |
1401 |
|
Country |
Belgium |
|
Current mandates in
other companies |
|
|
Name |
LE CONSEIL INTERNATIONAL DES EXCIPIENTS
PHARMACEUTIQUES - EUROPE |
|
|
ASBL |
|
Business number |
501816137 |
|
Position |
Director |
|
Start Date |
28/09/2012 |
|
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 |
Jerome Soudan |
|
Position |
Managing Director |
|
Start Date |
01/07/2007 |
|
End Date |
04/02/2013 |
|
Street |
|
|
Post code Country |
|
|
Name |
Etienne Moncomble |
|
Position |
Managing Director |
|
Start Date |
01/10/2007 |
|
End Date |
08/06/2011 |
|
Date of birth |
13/04/1949 |
|
Street |
25 AVENUE GÉNÉRAL DE GAULLE BRUSSELS |
|
Post code |
1050 |
|
Country |
Belgium |
|
Name |
Filipe Ferreira Constant |
|
Position |
Managing Director |
|
Start Date |
01/09/2005 |
|
End Date |
01/07/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
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 |
Christiane Malcorps |
|
Position |
Director |
|
Start Date |
01/02/2009 |
|
End Date |
08/06/2011 |
|
Street |
9 DE MERODESTRAAT GRIMBERGEN |
|
Post code |
1850 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs. 66.63 |
|
|
1 |
Rs.100.65 |
|
Euro |
1 |
Rs.72.40 |
|
EUR |
1 |
Rs. 72.46 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
HEE |
|
|
|
|
Report Prepared
by : |
ASH |
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.