|
Report No. : |
354099 |
|
Report Date : |
10.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
INDUSTEEL BELGIUM SA |
|
|
|
|
Registered Office : |
Rue De Châtelet 266 6030 Charleroi |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
06.10.1981 |
|
|
|
|
Com. Reg. No.: |
422027402 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of basic iron and steel and of ferro-alloys (ECSC)* |
|
|
|
|
No. of Employees : |
904 (31.12.2014) |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
With Financials |
|
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
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 |
|
Business number |
422027402 |
|
Branche Unit
Number |
2019417957 |
|
Company name |
INDUSTEEL BELGIUM SA |
|
Address |
RUE DE CHÂTELET 266 |
|
|
6030 CHARLEROI |
|
Number of staff |
904 |
|
Date of
establishment |
06/10/1981 |
|
Telephone number |
071441711 |
|
Fax number |
071441714 |
|
Company name |
Company Number |
|
Industeel Belgium SA |
422027402 |
The business was established over 33 years ago.
The business has 904 employees.
The business is part of a group.
This business has a foreign parent business.
The business has been at the address for over 33 years.
Operating Result in the latest trading period decreased 41% on the previous trading period.
A 27% decline in Total Assets occurred during the latest trading period.
Pre-tax profits increased by 33% compared to the previous trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
384,429,153 |
448,967,343 |
176,415,314 |
161,463,074 |
|
31/12/2013 |
441,770,607 |
335,334,041 |
196,950,897 |
126,067,054 |
|
31/12/2012 |
508,144,349 |
25,813,906 |
196,974,673 |
134,356,654 |
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
777,559,992 |
904 |
11,209,600 |
-15,065,300 |
|
31/12/2013 |
1,077,706,900 |
906 |
11,209,600 |
85,957,545 |
|
31/12/2012 |
1,360,153,002 |
804 |
11,209,600 |
25,877,827 |
|
Past payments |
|
Payment expectation days |
86.30 |
|
Industry average payment |
117.93 |
Industry average day
sales |
139.59 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
20.86 |
|
|
Court Data Summary
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
Business number |
422027402 |
Company name |
INDUSTEEL BELGIUM SA |
|
Fax number |
071441714 |
Date founded |
06/10/1981 |
|
Company status |
active |
Company type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
24100 |
Liable for VAT |
yes |
|
Activity description |
Manufacture of basic iron and steel and of ferro-alloys (ECSC)* |
VAT Number |
BE.0422.027.402 Check VAT number |
|
Belgian Bullettin of
Acts Publications |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck
off register |
|
|
|
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
|
|
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
104 |
|
Description category |
Joint committee for the iron industry |
|
|
|
|
JIC Code |
210 |
|
Description category |
Joint committee for the employees
in the iron industry |
|
|
|
|
Significant Events |
|
|
Event Date |
09/10/2014 |
|
Event Description |
|
|
Event Details |
Filing of the
written resolution of the shareholders dated 09.24.2014 , in accordance with
Article 556 of the Code Socétés |
|
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 |
499,565,138 |
-34.75 |
765,598,039 |
-25.80 |
1,031,810,399 |
-0.51 |
1,037,114,713 |
0.05 |
1,036,576,020 |
|
Intangible fixed |
132,343 |
-29.25 |
187,065 |
57.61 |
118,690 |
-62.31 |
314,929 |
-38.74 |
514,089 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Tangible fixed |
68,226,975 |
6.07 |
64,323,592 |
37.93 |
46,634,055 |
-1.40 |
47,297,744 |
1.61 |
46,548,317 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Land & building |
8,342,826 |
7.74 |
7,743,620 |
45.88 |
5,308,119 |
-8.78 |
5,819,264 |
3.73 |
5,610,132 |
|
Plant & machinery |
49,275,407 |
-0.08 |
49,316,376 |
37.60 |
35,839,764 |
1.25 |
35,396,165 |
-3.93 |
36,845,212 |
|
Furniture & Vehicles |
202,083 |
-26.56 |
275,159 |
-15.53 |
325,754 |
-18.53 |
399,833 |
-16.34 |
477,908 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible |
10,406,659 |
48.91 |
6,988,436 |
35.42 |
5,160,418 |
-9.19 |
5,682,482 |
57.19 |
3,615,064 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Financial fixed |
431,205,819 |
-38.49 |
701,087,382 |
-28.83 |
985,057,654 |
-0.45 |
989,502,041 |
0.00 |
989,513,614 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Total current assets |
277,994,854 |
-10.93 |
312,108,861 |
-4.94 |
328,342,604 |
3.22 |
318,102,989 |
-34.31 |
484,261,741 |
|
Inventories |
127,027,191 |
10.82 |
114,626,531 |
-12.96 |
131,687,948 |
-18.06 |
160,710,418 |
22.12 |
131,600,334 |
|
Raw materials & |
45,713,359 |
18.71 |
38,508,113 |
-6.31 |
41,103,603 |
-14.69 |
48,181,755 |
36.09 |
35,404,595 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
30,700,524 |
2.58 |
29,928,108 |
-18.67 |
36,796,148 |
-10.92 |
41,304,593 |
-3.57 |
42,833,388 |
|
Finished goods |
50,613,308 |
9.58 |
46,190,310 |
-14.13 |
53,788,197 |
-24.48 |
71,224,071 |
33.47 |
53,362,351 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
21,968,008 |
-50.07 |
43,993,264 |
-34.70 |
67,373,468 |
-1.81 |
68,618,024 |
12.50 |
60,993,673 |
|
Other amounts |
2,413,388 |
-16.80 |
2,900,816 |
-86.66 |
21,742,462 |
29.26 |
16,820,395 |
7.58 |
15,635,501 |
|
receivable |
|
|
|
|
|
|
|
|
|
|
Cash |
126,522,344 |
-15.93 |
150,498,989 |
39.99 |
107,503,948 |
49.53 |
71,892,555 |
-73.94 |
275,853,786 |
|
Miscellaneous current assets |
63,922 |
-28.39 |
89,261 |
156 |
34,777 |
-43.54 |
61,596 |
-65.48 |
178,448 |
|
Total Assets |
777,559,992 |
-27.85 |
1,077,706,900 |
-20.77 |
1,360,153,002 |
0.36 |
1,355,217,702 |
-10.89 |
1,520,837,761 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders |
176,547,658 |
-10.44 |
197,137,962 |
0.02 |
197,093,363 |
0.04 |
197,019,748 |
0.00 |
197,019,180 |
|
equity |
|
|
|
|
|
|
|
|
|
|
Issued share capital |
11,209,600 |
0 |
11,209,600 |
0 |
11,209,600 |
0 |
11,209,600 |
0 |
11,209,600 |
|
share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
165,338,058 |
-11.07 |
185,928,362 |
0.02 |
185,883,763 |
0.04 |
185,810,148 |
0.00 |
185,809,580 |
|
Provisions for Liabilities & Charges |
25,484,775 |
-0.18 |
25,531,351 |
1.81 |
25,077,911 |
-2.01 |
25,592,699 |
-10.22 |
28,506,961 |
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
575,527,559 |
-32.69 |
855,037,587 |
-24.86 |
1,137,981,729 |
0.47 |
1,132,605,254 |
-12.56 |
1,295,311,619 |
|
Other long term loans |
458,995,779 |
-31.39 |
668,995,779 |
-29.13 |
943,995,779 |
0 |
943,995,779 |
0 |
943,995,779 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
484,480,554 |
-30.24 |
694,527,130 |
-28.33 |
969,073,690 |
-0.05 |
969,588,478 |
-0.30 |
972,502,740 |
|
Current portion of |
77,453 |
0 |
77,453 |
0 |
77,453 |
0 |
77,453 |
0 |
77,453 |
|
long term debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Trade creditors |
90,381,513 |
0.17 |
90,224,436 |
-41.92 |
155,353,701 |
-2.13 |
158,737,626 |
22.92 |
129,135,287 |
|
Amounts Payable
for Taxes, Remuneration
& Social Security |
15,125,770 |
7.46 |
14,076,108 |
12.16 |
12,550,529 |
-13.07 |
14,438,108 |
35.09 |
10,688,146 |
|
Miscellaneous current liabilities |
10,947,044 |
-86.59 |
81,663,811 |
214 |
26,004,267 |
69.34 |
15,356,289 |
-92.74 |
211,414,955 |
|
Total current liabilities |
116,531,780 |
-37.36 |
186,041,808 |
-4.10 |
193,985,950 |
2.85 |
188,609,475 |
-46.31 |
351,315,840 |
|
Total Liabilities |
777,559,992 |
-27.85 |
1,077,706,900 |
-20.77 |
1,360,153,002 |
0.36 |
1,355,217,702 |
-10.89 |
1,520,837,761 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
116.79 |
53.85 |
75.91 |
1394 |
5.08 |
270 |
1.37 |
-90.07 |
13.79 |
|
Return on capital employed |
67.92 |
80.59 |
37.61 |
1601 |
2.21 |
262 |
0.61 |
-86.32 |
4.46 |
|
Return on total assets employed |
57.74 |
85.54 |
31.12 |
1537 |
1.90 |
258 |
0.53 |
-84.55 |
3.43 |
|
Return on net assets employed |
254.30 |
49.50 |
170.10 |
1198 |
13.10 |
261 |
3.62 |
-86.32 |
26.47 |
|
Sales / net working capital |
2.38 |
-32.00 |
3.50 |
-7.41 |
3.78 |
-5.97 |
4.02 |
41.55 |
2.84 |
|
Stock turnover ratio |
33.04 |
27.32 |
25.95 |
0.12 |
25.92 |
-16.06 |
30.88 |
-11.24 |
34.79 |
|
Creditor days |
86.30 |
14.81 |
75.17 |
-33.74 |
113.45 |
-3.32 |
117.34 |
-12.56 |
134.19 |
|
Debtor days |
20.86 |
-42.61 |
36.35 |
-24.88 |
48.39 |
0.54 |
48.13 |
-18.23 |
58.86 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
2.39 |
42.26 |
1.68 |
-0.59 |
1.69 |
0 |
1.69 |
22.46 |
1.38 |
|
Liquidity ratio / acid ratio |
1.30 |
22.64 |
1.06 |
4.95 |
1.01 |
21.69 |
0.83 |
-17.00 |
1.00 |
|
Current debt ratio |
0.66 |
-29.79 |
0.94 |
-4.08 |
0.98 |
2.08 |
0.96 |
-46.07 |
1.78 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
-15,065,300 |
-117 |
85,957,545 |
232 |
25,877,827 |
107 |
12,493,043 |
-94.07 |
210,779,163 |
|
Net worth |
176,415,314 |
-10.43 |
196,950,897 |
-0.01 |
196,974,673 |
0.14 |
196,704,820 |
0.10 |
196,505,092 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
260.03 |
-23.38 |
339.39 |
-29.15 |
479.00 |
-0.04 |
479.18 |
0 |
479.18 |
|
Equity in percentage |
22.71 |
24.10 |
18.30 |
26.29 |
14.49 |
-0.34 |
14.54 |
12.19 |
12.96 |
|
Total debt ratio |
3.40 |
-23.94 |
4.47 |
-24.24 |
5.90 |
0.34 |
5.88 |
-12.50 |
6.72 |
|
Working capital |
161,463,074 |
28.08 |
126,067,054 |
-6.17 |
134,356,654 |
3.76 |
129,493,514 |
-2.60 |
132,945,901 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
401,630,291 |
-8.12 |
437,133,108 |
-11.71 |
495,086,161 |
-9.80 |
548,889,693 |
33.53 |
411,070,228 |
|
Turnover |
384,429,153 |
-12.98 |
441,770,607 |
-13.06 |
508,144,349 |
-2.35 |
520,360,479 |
37.58 |
378,222,400 |
|
Total operating expenses |
382,278,547 |
-12.74 |
438,092,112 |
-12.35 |
499,818,273 |
1.22 |
493,772,324 |
40.57 |
351,259,064 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
399,479,684 |
-7.84 |
433,454,613 |
-10.95 |
486,760,084 |
-6.80 |
522,301,538 |
35.98 |
384,106,892 |
|
Employee costs |
60,931,870 |
0.18 |
60,820,331 |
14.55 |
53,096,962 |
-0.59 |
53,410,820 |
11.54 |
47,886,355 |
|
Wages and salary |
39,861,831 |
0.71 |
39,582,771 |
11.77 |
35,415,230 |
-3.14 |
36,562,167 |
11.74 |
32,721,229 |
|
Employee pension costs |
1,489,010 |
-12.19 |
1,695,721 |
- |
- |
- |
- |
- |
- |
|
Social security |
14,800,349 |
1.99 |
14,511,952 |
8.42 |
13,384,665 |
4.42 |
12,818,158 |
12.63 |
11,380,356 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
4,780,680 |
-4.95 |
5,029,887 |
17.05 |
4,297,068 |
6.61 |
4,030,495 |
6.49 |
3,784,771 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and |
5,909,334 |
-2.24 |
6,044,546 |
32.55 |
4,560,213 |
-4.26 |
4,763,275 |
1.48 |
4,693,989 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
2,150,606 |
-41.54 |
3,678,495 |
-55.82 |
8,326,076 |
-68.69 |
26,588,155 |
-1.39 |
26,963,336 |
|
Total financial income |
476,811,027 |
28.60 |
370,757,511 |
577 |
54,723,785 |
1366 |
3,731,852 |
-92.48 |
49,596,001 |
|
Total financial expenses |
29,994,290 |
-23.29 |
39,101,964 |
5.01 |
37,235,956 |
60.65 |
23,178,418 |
-5.00 |
24,399,394 |
|
Results on ordinary |
448,967,343 |
33.89 |
335,334,041 |
1199 |
25,813,906 |
261 |
7,141,589 |
-86.31 |
52,159,944 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
119 |
-99 |
14,945,710 |
11854 |
125,024 |
-90.12 |
1,264,841 |
-99 |
153,797,042 |
|
Extraordinary Charges |
469,496,343 |
73.65 |
270,366,244 |
5777 |
4,600,000 |
- |
- |
- |
- |
|
Extraordinary items |
-469,496,224 |
-83.81 |
-255,420,534 |
-5607 |
-4,474,976 |
-453 |
1,264,841 |
-99 |
153,797,042 |
|
Results for the Year Before |
-20,528,881 |
-125 |
79,913,507 |
274 |
21,338,930 |
153 |
8,406,429 |
-95.92 |
205,956,986 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
445,753 |
87563 |
508 |
-97.61 |
21,316 |
-96.85 |
676,661 |
527 |
-128,188 |
|
Results on ordinary |
448,521,589 |
33.75 |
335,333,533 |
1200 |
25,792,590 |
298 |
6,464,927 |
-87.64 |
52,288,132 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-20,974,634 |
-126 |
79,912,999 |
274 |
21,317,615 |
175 |
7,729,768 |
-96.25 |
206,085,174 |
|
Profit (Loss) for the Year to be appropiated |
-20,974,634 |
-126 |
79,912,999 |
274 |
21,317,615 |
175 |
7,729,768 |
-96.25 |
206,085,174 |
|
Dividends |
- |
- |
79,868,400 |
275 |
21,244,000 |
174 |
7,729,200 |
-96.25 |
206,066,800 |
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
874 |
|
|
Part-time Employees |
|
42 |
|
|
Total Fte Employees |
|
908 |
|
|
|
|
|
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
1,327,383 |
|
|
Part-time Employees |
|
50,586 |
|
|
Total |
|
1,377,969 |
|
|
|
|
|
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
57,042,646 |
|
|
Part-time Employees |
|
2,400,214 |
|
|
Total |
|
59,442,860 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
911 |
|
|
Actual working hours |
|
1,365,502 |
|
|
Personnel Charges |
|
59,124,610 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
824 |
46 |
861 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
44 |
- |
44 |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
393 |
16 |
406 |
|
Secondairy
education |
302 |
6 |
307 |
|
Higher
education (non university) |
67 |
7 |
73 |
|
Higher
education (university) |
61 |
3 |
64 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
- |
- |
- |
|
Higher
education (non university) |
26 |
11 |
35 |
|
Higher
education (university) |
19 |
3 |
22 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
10 |
- |
10 |
|
White
collar worker |
179 |
24 |
198 |
|
Blue
collar worker |
679 |
22 |
697 |
|
Other |
- |
- |
- |
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
26 |
|
|
Actual
working hours |
|
54,099 |
|
|
Cost
of temporary staff |
|
1,248,547 |
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New
Starters |
107 |
8 |
113 |
|
Leavers |
115 |
- |
115 |
|
Total
of formal continuing vocational training
initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number
of employees |
744 |
55 |
|
Number
of training hours |
14,289 |
961 |
|
Net
costs for enterprise |
828,804 |
77,737 |
|
Total
of less formal and informal continuing
vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number
of employees |
183 |
9 |
|
Number
of training hours |
4,520 |
39 |
|
Net
costs for enterprise |
284,419 |
2,877 |
|
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 |
24100 |
|
Activity description |
Manufacture of basic iron and
steel and of ferro-alloys (ECSC)* |
|
Suspension of payments
/ moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Total number of Invoices available |
|
Total number of Invoices paid within or up to 30
days after the due date |
|
Total number of Invoices paid more than 30 days
after the due date |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
|
Total number of Invoices currently outstanding beyond the
due date |
|
Payment expectations |
|
|
Payment expectation days |
86.30 |
|
Day sales outstanding |
20.86 |
|
|
|
|
Industry comparison |
|
|
Activity code |
24100 |
|
Activity description |
Manufacture of basic iron and
steel and of ferro-alloys (ECSC)* |
|
Industry average payment
expectation days |
117.93 |
|
Industry average day
sales outstanding |
139.59 |
|
Payment expectations |
|
|
Company result |
86.30 |
|
Lower |
104.27 |
|
Median |
64.92 |
|
Upper |
40.14 |
|
Day sales outstanding |
|
|
Company result |
20.86 |
|
Lower |
83.17 |
|
Median |
48.86 |
|
Upper |
29.56 |
|
Summary |
|
|
Group - Number of
Companies |
10 |
|
Linkages - Number
of Companies |
1089 |
|
Number of Countries |
19 |
|
Company name |
Number |
Latest |
|
- INDUSTEEL
BELGIUM SA |
422027402 |
31-12-2014 |
|
- - ARCELORMITTAL RINGMILL SA |
425222462 |
31-12-2014 |
|
- - AVAL METAL CENTER SA |
431469262 |
31-12-2012 |
|
- - INDUSTEEL BENELUX NV |
411895355 |
31-12-2008 |
|
- - - BOMETAL HEIDELBERG |
|
|
|
- - - FAFER ORIENT |
|
|
|
- - RELIAPLATES SA |
435777943 |
31-12-2014 |
|
- - INDUSTEEL ASIA PACIFIC PTE SOC.ETR.
E.P... |
|
|
|
- - INDUSTEEL CANADA INC. SOC.ETR. E.P.B. |
|
|
|
- - INDUSTEEL
ITALIA SRL SOC. EUROP. |
|
|
No minority shareholders found
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
USINOR INDUSTEEL IBERICA SA |
50 |
- |
|
02332296 |
INDUSTEEL UK LIMITED |
50 |
31/12/2014 |
|
- |
CENTRO SERVIZI METALLI |
21.01 |
- |
|
|
SOC.ETR. E.P.B. |
|
|
|
Summary |
|
|
Group - Number of
Companies |
10 |
|
Linkages - Number
of Companies |
1089 |
|
Number of Countries |
19 |
|
NAME |
NUMBER |
LATEST
KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
ARCELORMITTAL |
B82454 |
31.12.2014 |
€59.532.194.481 |
|
ARCELORMITTAL SOUTH AFRICA |
- |
31.12.2014 |
€3.559.159.331 |
|
UTTAM GALVA STEELS |
00035806 |
31.03.2015 |
€1.299.752.304 |
|
HUNAN VALIN STEEL |
- |
31.12.2014 |
€5.649.338.819 |
|
AM GLOBAL HOLDING BIS |
B103018 |
31.12.2013 |
- |
|
ARCELOR INVESTMENT S.A. |
B46370 |
31.12.2013 |
- |
|
ISPAT INLAND S.À R.L. |
B73171 |
31.12.2014 |
- |
|
ARCELORMITTAL FRANCE |
562094425 |
31.12.2014 |
€159.047.000 |
|
ARCELORMITTAL FRANCE |
562094425 |
31.12.2014 |
€159.047.000 |
|
BOUYGUES TELECOM |
397480930 |
31.12.2013 |
€4.607.000.000 |
|
ARCELORMITTAL LUXEMBOURG |
B6990 |
31.12.2014 |
- |
|
CST CORPORATION B.V. |
24337294 |
31.12.2012 |
- |
|
HERA ERMAC |
B150359 |
31.12.2013 |
- |
|
ARCELORMITTAL FLAT CARBON |
B2050 |
31.12.2013 |
€19.328.145.117 |
|
EUROPE S.A. |
|
|
|
|
BOUYGUES |
572015246 |
31.12.2014 |
€68.000.000 |
|
MITTAL STEEL US INVESTMENTS B.V. |
24286457 |
31.12.2013 |
- |
|
ARCELORMITTAL DISTRIBUTION |
449710706 |
31.12.2014 |
€88.639.007 |
|
SCE FRANCE |
|
|
|
|
FRECOLUX S.A. |
B17329 |
31.12.2011 |
- |
|
ARCELORMITTAL BREMEN GMBH |
HRB 15474 |
31.12.2013 |
€2.321.480.000 |
|
ARCELORMITTAL ATLANTIQUE ET LORRAINE |
444718563 |
31.12.2014 |
€4.316.224.000 |
There is no data for this company
There is no data for this company
There is no data for this company
Current director details
|
Position |
Chairman of the Board |
|
Start Date |
30/04/2014 |
|
End Date |
21/06/2016 |
|
Street |
10 DRÈVE DES DEUX MOUTIERS BRUXELLES |
|
Post code |
1160 |
|
Country |
Belgium |
|
|
|
|
Name |
VINCENT PAIRET |
|
Position |
Director |
|
Start Date |
30/04/2014 |
|
Street |
10 DRÈVE DES DEUX MOUTIERS BRUXELLES |
|
Post code |
1160 |
|
Country |
Belgium |
|
|
|
|
Position |
Chairperson |
|
Start Date |
15/07/2014 |
|
Street |
10 DRÈVE DES DEUX MOUTIERS BRUXELLES |
|
Post code |
1160 |
|
Country |
Belgium |
|
|
|
|
Name |
MAUREEN BAKER |
|
Position |
Director |
|
Start Date |
19/06/2012 |
|
End Date |
21/06/2016 |
|
Street |
29 BOULEVARD MALESHERBES |
|
Post code |
75008 |
|
Country |
France |
|
|
|
|
Name |
STEVE WAMPACH |
|
Position |
Director |
|
Start Date |
21/06/2011 |
|
End Date |
20/06/2017 |
|
Street |
1 RUE HENRI KIRPACH |
|
Post code |
8237 |
|
Country |
Luxembourg |
Current mandates in other companies
|
Name |
Creusot-loire Industrie SOC.ETR.TVA |
|
Business number |
471385851 |
|
Position |
Legal Representative |
|
Start Date |
16/02/2005 |
Former director details
|
Name |
MICHEL CHABOUD |
|
Position |
Director |
|
Start Date |
19/06/2001 |
|
End Date |
Unknown date |
|
Street |
266 RUE DE CHATELET CHARLEROI |
|
Post code |
6030 |
|
Country |
Belgium |
|
|
|
|
Name |
HAROLD BOËL |
|
Position |
Director |
|
Start Date |
19/11/1996 |
|
End Date |
Unknown date |
|
Date of birth |
27/08/1964 |
|
Street |
16 AVENUE DES ORANGERS BRUXELLES |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
Name |
CERCUME EN LIQ. C/O FAB DE
FER SA |
|
Position |
Director |
|
Start Date |
19/11/1996 |
|
End Date |
Unknown date |
|
Date of birth |
20/12/1990 |
|
Street |
266 RUE DE CHATELET CHARLEROI |
|
Post code |
6030 |
|
Country |
Belgium |
|
|
|
|
Name |
ALEX NICK |
|
Position |
Managing Director |
|
Start Date |
21/06/2005 |
|
End Date |
30/04/2014 |
|
Street |
35 DE GAULLE |
|
Post code |
57390 |
|
Country |
France |
|
|
|
|
Position |
Director |
|
Start Date |
20/07/2007 |
|
End Date |
30/04/2014 |
|
Street |
35 DE GAULLE |
|
Post code |
57390 |
|
Country |
France |
|
|
|
|
Position |
Chairperson |
|
Start Date |
29/05/2009 |
|
End Date |
30/04/2014 |
|
Street |
35 DE GAULLE |
|
Post code |
57390 |
|
Country |
France |
|
|
|
|
Name |
RÉMI BOYER |
|
Position |
Director |
|
Start Date |
17/06/2008 |
|
End Date |
31/12/2011 |
|
Street |
1 RUE DU GÉNÉRAL DE GAULLE |
|
Post code |
57950 |
|
Country |
France |
|
|
|
|
Name |
POL MORGEN |
|
Position |
Director |
|
Start Date |
14/07/2005 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
France |
|
|
|
|
Name |
YVES PITOU |
|
Position |
Director |
|
Start Date |
29/01/1998 |
|
End Date |
27/06/2000 |
|
Street |
SQUARE POUSSIN |
|
Post code |
78150 |
|
Country |
France |
|
|
|
|
Name |
BERNARD ROGY |
|
Position |
Director |
|
Start Date |
29/01/1998 |
|
End Date |
27/06/2000 |
|
Street |
ROUTE DE MONTESSON |
|
Post code |
78110 |
|
Country |
France |
|
|
|
|
Name |
VIJAY GOYAL |
|
Position |
Director |
|
Start Date |
16/06/2009 |
|
End Date |
31/12/2012 |
|
Street |
4 RUE DES GIRONDINS |
|
Post code |
1626 |
|
Country |
Luxembourg |
|
|
|
|
Name |
DIDIER CHEVAL |
|
Position |
Director |
|
Start Date |
19/06/2007 |
|
End Date |
12/12/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
ELDERT DE VRIES |
|
Position |
Director |
|
Start Date |
17/06/2008 |
|
End Date |
21/06/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
MICHEL MARLOT |
|
Position |
Director |
|
Start Date |
17/06/2003 |
|
End Date |
21/06/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
Former mandates in
other companies
|
Name |
Charleroi Recyclage en liquidation SA |
|
Business number |
455748956 |
|
Position |
Liquidator |
|
Start Date |
27/03/1997 |
|
End Date |
Unknown date |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.75 |
|
|
1 |
Rs.100.29 |
|
Euro |
1 |
Rs.72.89 |
|
EUR |
1 |
Rs.73.55 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
TRU |
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.