|
Report No. : |
354852 |
|
Report Date : |
15.12.2015 |
IDENTIFICATION DETAILS
|
Name : |
PICANOL NV |
|
|
|
|
Registered Office : |
Steverlyncklaan 15, 8900 Ieper |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
01.09.1936 |
|
|
|
|
Com. Reg. No.: |
405502362 |
|
|
|
|
Legal Form : |
Public Limited Liability |
|
|
|
|
Line of Business : |
Subject is manufacture of machinery for textile, apparel and leather. |
|
|
|
|
No. of Employee : |
562 |
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 |
|
Status : |
Good |
|
|
|
|
Payment Behaviour : |
No complaints |
|
|
|
|
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 |
PICANOL NV
|
Business number |
405502362 |
|
Branche Unit
Number |
2153074851 |
|
Company name |
PICANOL NV |
|
Address |
STEVERLYNCKLAAN 15 |
|
|
8900 IEPER |
|
Number of staff |
562 |
|
Date of
establishment |
01/09/1936 |
|
Telephone number |
057222111 |
|
Fax number |
057222001 |
|
Ultimate holding
company |
|
|
Company name |
Company Number |
|
Artela NV |
453029590 |
The business was established
over 86 years ago. The business has
562 employees.
The business is part of
a group.
The business has been at
the address for over 5 years. Operating
Result in the latest trading period
decreased 42% on the previous trading
period. Pre-tax profits decreased by 29%
compared to the previous trading period.
Turnover in the latest trading period
decreased 29% on the previous trading
period.
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
305,611,579 |
60,196,204 |
273,486,310 |
164,753,706 |
|
31/12/2013 |
431,919,347 |
85,701,202 |
226,744,469 |
156,391,347 |
|
31/12/2012 |
329,453,865 |
54,268,116 |
162,464,490 |
118,994,440 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
372,443,793 |
562 |
22,200,000 |
50,605,354 |
|
31/12/2013 |
325,470,358 |
619 |
22,200,000 |
65,789,584 |
|
31/12/2012 |
251,640,352 |
609 |
22,200,000 |
41,946,726 |
|
Past payments |
|
Payment
expectation days |
55.07 |
|
Industry average
payment |
42.04 |
Industry average
day sales |
70.34 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
27.41 |
|
|
BANKRUPTCY DETAILS
Court
action type
no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of
summons 12/09/2003
|
Business number |
405502362 |
Company name |
PICANOL NV |
|
Fax number |
057222001 |
Date founded |
01/09/1936 |
|
Company status |
active |
Company type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2014 |
|
Activity code |
28940 |
Liable for VAT |
yes |
|
Activity description
production |
Manufacture of machinery for |
VAT Number |
BE.0405.502.362 Check VAT |
|
|
textile, apparel and leather |
|
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 |
111 |
|
Description |
JC for the metal, machinery
and electrical construction |
|
category |
|
|
JIC Code |
209 |
|
Description |
Joint committee for the
employees off the metal industry |
|
category |
|
|
Significant Events |
|
|
Event Date |
15/04/2015 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 15-04-2015: Herbenoemd
tot bestuurder voor een periode van
4 jaar: NV Kantoor |
|
|
Torrimmo. |
|
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 |
123,816,275 |
44.90 |
85,448,680 |
43.45 |
59,568,530 |
-0.94 |
60,135,769 |
-3.70 |
62,446,247 |
|
Intangible
fixed assets |
483,873 |
14.35 |
423,158 |
-31.01 |
613,352 |
-5.08 |
646,206 |
-23.71 |
847,022 |
|
Tangible
fixed assets |
15,376,546 |
68.56 |
9,122,479 |
30.08 |
7,012,981 |
-7.44 |
7,576,366 |
-2.23 |
7,749,047 |
|
Land
& building |
8,859,163 |
113 |
4,147,409 |
-6.44 |
4,432,983 |
-6.58 |
4,745,348 |
-6.77 |
5,089,810 |
|
Plant
& machinery |
5,499,281 |
364 |
1,183,582 |
-18.89 |
1,459,192 |
-24.28 |
1,927,148 |
-14.01 |
2,241,047 |
|
Furniture
& Vehicles |
768,102 |
12.53 |
682,597 |
2.35 |
666,907 |
1.99 |
653,870 |
310 |
159,240 |
|
Leasing
& Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other
tangible assets |
250,000 |
-91.96 |
3,108,890 |
584 |
453,900 |
81.56 |
250,000 |
-3.46 |
258,950 |
|
Financial
fixed assets |
107,955,856 |
42.23 |
75,903,044 |
46.13 |
51,942,198 |
0.06 |
51,913,197 |
-3.60 |
53,850,179 |
|
Total
current assets |
248,627,518 |
3.59 |
240,021,678 |
24.96 |
192,071,821 |
34.04 |
143,289,250 |
80.26 |
79,489,841 |
|
Inventories |
16,371,765 |
-26.53 |
22,283,346 |
21.45 |
18,348,343 |
8.70 |
16,879,704 |
-2.62 |
17,333,325 |
|
Raw
materials & |
11,816,470 |
-21.59 |
15,069,462 |
13.33 |
13,297,072 |
6.94 |
12,434,629 |
-4.87 |
13,071,089 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work
in progress |
2,531,680 |
-10.60 |
2,831,844 |
1.07 |
2,801,995 |
58.81 |
1,764,317 |
-22.82 |
2,285,862 |
|
Finished
goods |
2,023,615 |
-53.82 |
4,382,040 |
94.82 |
2,249,276 |
-16.10 |
2,680,758 |
35.64 |
1,976,374 |
|
Other
stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade
debtors |
22,946,542 |
-36.60 |
36,190,703 |
-29.47 |
51,314,311 |
58.71 |
32,331,583 |
-24.92 |
43,063,311 |
|
Other
amounts receivable |
6,646,438 |
-95.88 |
161,492,891 |
2594 |
5,993,194 |
-25.12 |
8,003,287 |
39.74 |
5,727,252 |
|
Cash |
7,735,045 |
18.34 |
6,536,246 |
-6.93 |
7,022,862 |
-91.78 |
85,470,021 |
551 |
13,112,801 |
|
Miscellaneous
current |
431,728 |
-96.81 |
13,518,491 |
-87.64 |
109,393,112 |
17991 |
604,655 |
138 |
253,151 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Total
Assets |
372,443,793 |
14.43 |
325,470,358 |
29.34 |
251,640,352 |
23.70 |
203,425,019 |
43.32 |
141,936,088 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total
shareholders equity |
273,970,183 |
20.60 |
227,167,627 |
39.30 |
163,077,842 |
32.49 |
123,090,902 |
106 |
59,601,178 |
|
Issued
share capital |
22,200,000 |
0 |
22,200,000 |
0 |
22,200,000 |
0 |
22,200,000 |
0 |
22,200,000 |
|
Share
premium account |
1,518,428 |
0 |
1,518,428 |
0 |
1,518,428 |
0 |
1,518,428 |
0.00 |
1,518,428 |
|
Revaluation
reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
250,251,755 |
23.00 |
203,449,199 |
45.99 |
139,359,414 |
40.24 |
99,372,475 |
176 |
35,882,750 |
|
Provisions
for Liabilities & |
14,599,798 |
0.12 |
14,582,973 |
-4.26 |
15,231,835 |
-3.64 |
15,807,062 |
24.49 |
12,697,563 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered
taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
83,873,812 |
0.18 |
83,719,758 |
14.17 |
73,330,675 |
13.64 |
64,527,055 |
-7.34 |
69,637,347 |
|
Other
long term loans |
- |
- |
89,427 |
-64.69 |
253,294 |
-52.64 |
534,866 |
-53.55 |
1,151,609 |
|
Long
term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other
long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
long term debts |
14,599,798 |
-0.49 |
14,672,400 |
-5.25 |
15,485,129 |
-5.24 |
16,341,928 |
18.00 |
13,849,172 |
|
Current
portion of long term |
89,427 |
-21.77 |
114,316 |
-51.22 |
234,346 |
-72.08 |
839,346 |
-59.70 |
2,082,911 |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial
debts |
17,926,769 |
34.04 |
13,374,417 |
225 |
4,110,520 |
1263 |
301,516 |
-89.76 |
2,943,329 |
|
Trade
creditors |
39,702,284 |
-13.77 |
46,041,556 |
0.85 |
45,652,106 |
12.79 |
40,474,048 |
-4.30 |
42,293,304 |
|
Amounts
Payable for Taxes, |
6,967,247 |
-10.66 |
7,798,541 |
8.41 |
7,193,582 |
3.92 |
6,921,923 |
22.95 |
5,629,901 |
|
Remuneration
& Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous
current |
19,188,085 |
17.71 |
16,301,501 |
2.61 |
15,886,827 |
2.79 |
15,455,356 |
-0.52 |
15,536,293 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total
current liabilities |
83,873,812 |
0.29 |
83,630,331 |
14.44 |
73,077,381 |
14.20 |
63,992,189 |
-6.56 |
68,485,738 |
|
Total
Liabilities |
372,443,793 |
14.43 |
325,470,358 |
29.34 |
251,640,352 |
23.70 |
203,425,019 |
43.32 |
141,936,088 |
RATIO ANALYSIS
TRADING
PERFORMANCE
|
Profit
Before Tax |
19.70 |
-0.71 |
19.84 |
20.46 |
16.47 |
6.12 |
15.52 |
77.57 |
8.74 |
|
Return
on capital employed |
20.86 |
-41.14 |
35.44 |
16.62 |
30.39 |
-21.76 |
38.84 |
23.62 |
31.42 |
|
Return
on total assets |
16.16 |
-38.63 |
26.33 |
22.07 |
21.57 |
-18.97 |
26.62 |
63.71 |
16.26 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return
on net assets |
21.97 |
-41.77 |
37.73 |
13.37 |
33.28 |
-24.36 |
44.00 |
13.64 |
38.72 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales
/ net working capital |
1.85 |
-32.97 |
2.76 |
-0.36 |
2.77 |
-37.05 |
4.40 |
-81.67 |
24.00 |
|
Stock
turnover ratio |
5.36 |
3.88 |
5.16 |
-7.36 |
5.57 |
15.08 |
4.84 |
-26.22 |
6.56 |
|
Creditor
days |
55.07 |
17.47 |
46.88 |
-20.60 |
59.04 |
21.81 |
48.47 |
-23.68 |
63.51 |
|
Debtor
days |
27.41 |
-10.37 |
30.58 |
-46.21 |
56.85 |
68.05 |
33.83 |
-43.16 |
59.52 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current
ratio |
2.96 |
3.14 |
2.87 |
9.13 |
2.63 |
17.41 |
2.24 |
93.10 |
1.16 |
|
Liquidity
ratio / acid ratio |
2.77 |
6.54 |
2.60 |
9.24 |
2.38 |
20.20 |
1.98 |
117 |
0.91 |
|
Current
debt ratio |
0.31 |
-16.22 |
0.37 |
-17.78 |
0.45 |
-13.46 |
0.52 |
-54.78 |
1.15 |
|
Liquidity
ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
50,605,354 |
-23.08 |
65,789,584 |
56.84 |
41,946,726 |
-36.03 |
65,568,832 |
156 |
25,597,401 |
|
Net
worth |
273,486,310 |
20.61 |
226,744,469 |
39.57 |
162,464,490 |
32.68 |
122,444,696 |
108 |
58,754,156 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
6.58 |
10.03 |
5.98 |
112 |
2.82 |
107 |
1.36 |
-86.89 |
10.37 |
|
Equity
in percentage |
73.66 |
5.39 |
69.89 |
7.59 |
64.96 |
7.02 |
60.70 |
43.70 |
42.24 |
|
Total
debt ratio |
0.36 |
-16.28 |
0.43 |
-20.37 |
0.54 |
-16.92 |
0.65 |
-52.90 |
1.38 |
|
Working
capital |
164,753,706 |
5.35 |
156,391,347 |
31.43 |
118,994,440 |
50.06 |
79,297,061 |
620 |
11,004,103 |
|
PROFIT &
LOSS |
|
|
|
|
|
|
|
|
|
|
Operating
Income |
318,267,907 |
-28.54 |
445,365,900 |
30.14 |
342,229,624 |
-5.49 |
362,105,619 |
32.51 |
273,276,903 |
|
Turnover |
305,611,579 |
-29.24 |
431,919,347 |
31.10 |
329,453,865 |
-5.57 |
348,868,784 |
32.10 |
264,084,946 |
|
Total
operating expenses |
263,145,555 |
-26.60 |
358,492,294 |
27.02 |
282,240,467 |
-7.40 |
304,796,501 |
25.40 |
243,061,745 |
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Charges |
275,801,883 |
-25.85 |
371,938,847 |
26.07 |
295,016,226 |
-7.24 |
318,033,336 |
26.08 |
252,253,702 |
|
Employee
costs |
35,669,318 |
-9.22 |
39,290,260 |
11.58 |
35,212,231 |
-2.00 |
35,929,883 |
7.51 |
33,419,225 |
|
Wages
and salary |
23,106,687 |
-9.33 |
25,485,216 |
13.42 |
22,470,722 |
-0.85 |
22,662,354 |
4.75 |
21,635,229 |
|
Employee
pension costs |
1,201,874 |
2.59 |
1,171,484 |
-12.87 |
1,344,492 |
-5.32 |
1,420,082 |
12.88 |
1,258,019 |
|
Social
security |
7,516,979 |
-12.65 |
8,605,095 |
13.47 |
7,583,831 |
-2.77 |
7,799,921 |
1.91 |
7,654,013 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other
employee costs |
3,843,778 |
-4.58 |
4,028,466 |
5.65 |
3,813,187 |
-5.79 |
4,047,526 |
40.93 |
2,871,963 |
|
Director
remuneration |
184,000 |
18.14 |
155,750 |
-29.62 |
221,304 |
-39.86 |
368,000 |
-13.65 |
426,191 |
|
Amortization
and depreciation |
2,032,798 |
19.59 |
1,699,798 |
-13.27 |
1,959,787 |
-5.74 |
2,079,108 |
-15.86 |
2,470,874 |
|
Operating
result |
42,466,024 |
-42.17 |
73,427,053 |
55.52 |
47,213,398 |
7.13 |
44,072,283 |
109 |
21,023,201 |
|
Total
financial income |
19,048,244 |
24.08 |
15,352,135 |
72.98 |
8,874,854 |
-22.47 |
11,446,960 |
235 |
3,408,386 |
|
Total
financial expenses |
1,318,065 |
-57.18 |
3,077,985 |
69.11 |
1,820,136 |
33.98 |
1,358,552 |
0.49 |
1,351,909 |
|
Results
on ordinary |
60,196,204 |
-29.76 |
85,701,202 |
57.92 |
54,268,116 |
0.20 |
54,160,691 |
134 |
23,079,679 |
|
operations
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary
Income |
31,688 |
-98.81 |
2,668,218 |
870 |
275,049 |
-98.61 |
19,763,235 |
38264 |
51,514 |
|
Extraordinary
Charges |
8,654 |
-99 |
3,085,835 |
162773 |
1,895 |
-99 |
3,602,030 |
180181 |
1,998 |
|
Extraordinary
items |
23,034 |
5.52 |
-417,617 |
-252 |
273,154 |
-98.31 |
16,161,205 |
32538 |
49,516 |
|
Results
for the Year |
60,219,237 |
-29.39 |
85,283,586 |
56.37 |
54,541,270 |
-22.44 |
70,321,896 |
204 |
23,129,195 |
|
Before
Taxation |
|
|
|
|
|
|
|
|
|
|
Other
appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
11,646,681 |
-45.05 |
21,193,801 |
45.62 |
14,554,331 |
113 |
6,832,172 |
255882 |
2,669 |
|
Results
on ordinary |
48,549,522 |
-24.74 |
64,507,402 |
62.43 |
39,713,785 |
-16.09 |
47,328,519 |
105 |
23,077,010 |
|
operations
after taxation |
|
|
|
|
|
|
|
|
|
|
Net
result |
48,572,556 |
-24.21 |
64,089,785 |
60.28 |
39,986,939 |
-37.02 |
63,489,724 |
174 |
23,126,527 |
|
Profit
(Loss) for the Year |
48,572,556 |
-24.21 |
64,089,785 |
60.28 |
39,986,939 |
-37.02 |
63,489,724 |
174 |
23,126,527 |
|
to
be appropiated |
|
|
|
|
|
|
|
|
|
|
Dividends
|
1,770,000 |
- |
- |
- |
- |
- |
- |
- |
- |
Social Balance
Sheet Details
|
Social Balance
Sheet |
|
Total |
|
|
During the
reporting year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
525 |
|
|
Part-time Employees |
|
71 |
|
|
Total Fte
Employees |
|
579 |
|
|
Number of
hours worked |
|
|
|
|
Full-time Employees |
|
744,814 |
|
|
Part-time Employees |
|
71,222 |
|
|
Total |
|
816,036 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
31,603,200 |
|
|
Part-time Employees |
|
2,864,245 |
|
|
Total |
|
34,467,444 |
|
|
Benefits In
Addition To Wages |
|
706,537 |
|
|
During the
previous reporting year |
|
|
|
|
Average number
employees in Fte |
|
626 |
|
|
Actual working
hours |
|
954,279 |
|
|
Personnel Charges |
|
38,118,776 |
|
|
Benefits In
Addition To Wages |
|
715,075 |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
449 |
85 |
515 |
|
Contracts |
|
|
|
|
Limited Duration
Contracts |
48 |
- |
48 |
|
Contracts For
Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
|
|
|
|
|
Gender and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
310 |
56 |
354 |
|
Higher education
(non |
84 |
8 |
90 |
|
university) |
|
|
|
|
Higher education |
35 |
1 |
36 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
33 |
8 |
39 |
|
Higher education
(non |
24 |
9 |
31 |
|
university) |
|
|
|
|
Higher education |
11 |
3 |
13 |
|
(university) |
|
|
|
|
|
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar
worker |
199 |
36 |
227 |
|
Blue collar worker |
298 |
49 |
336 |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary personnel |
|
Total |
|
|
Average number
of temporary staff |
|
3 |
|
|
Actual working
hours |
|
5,458 |
|
|
Cost of
temporary staff |
|
161,048 |
|
|
New staff
and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
24 |
- |
24 |
|
Leavers |
73 |
7 |
78 |
|
Total of
formal continuing vocational training initiatives |
|
|
|
for workers
paid by the employer |
Male |
Female |
|
Number of
employees |
438 |
63 |
|
Number of
training hours |
3,832 |
707 |
|
Net costs for
enterprise |
90,714 |
17,980 |
|
Total of
less formal and informal continuing vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of
employees |
467 |
83 |
|
Number of
training hours |
14,931 |
2,664 |
|
Net costs
for enterprise |
615,468 |
104,616 |
|
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 |
28940 |
|
Activity description |
Manufacture of machinery for
textile, apparel and leather production |
|
industry average
credit |
76.04 |
|
rating |
|
|
Industry average
credit limit |
370272.73 |
|
Suspension of
payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment Information Summary |
|
|
Total number of Invoices available |
2322 |
|
Total number of Invoices paid within or up to 30
days after the due date |
2026 |
|
Total number of Invoices paid more than 30 days
after the due date |
155 |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
37 |
|
Total number of Invoices currently outstanding beyond
the due date |
104 |
|
Payment expectations |
|
|
Payment
expectation days |
55.07 |
|
Day sales
outstanding |
27.41 |
Industry comparison
|
Activity code |
28940 |
|
Activity description |
Manufacture of machinery for
textile, apparel and leather production |
|
Industry quartile
analysis |
|
|
Payment expectations |
|
|
Company result |
55.07 |
|
Lower |
97.93 |
|
Median |
63.40 |
|
Upper |
46.28 |
|
Day sales
outstanding |
|
|
Company result |
27.41 |
|
Lower |
55.07 |
|
Median |
33.89 |
|
Upper |
21.12 |
Summary
|
Group -
Number of Companies |
15 |
|
Linkages -
Number of Companies |
4 |
|
Number of
Countries |
2 |
|
Group Structure |
|
|
|
|
Company name |
|
Number |
Latest |
|
|
|
|
financials |
|
- ARTELA NV |
|
453029590 |
31-12-2014 |
|
- - PICANOL NV |
|
405502362 |
31-12-2014 |
|
- - - MELOTTE NV |
|
407155421 |
31-12-2014 |
|
- - - - GEREEDSCHAPSMAKERIJ MELOTTE IN
VEREFFENI... |
|
434700550 |
31-12-2007 |
|
- - - PROFERRO NV |
|
438243426 |
31-12-2014 |
|
- - - PSICONTROL NV |
|
437446145 |
31-12-2014 |
|
- - - - PSICONTROL MECHATRONICS SRL
SOC.ETR. E.P... |
|
|
|
|
- - - VERBRUGGE NV |
|
441554490 |
31-12-2014 |
|
- - - BURCKLE
ET CIE SOC.ETR.
E.P.B |
|
|
|
|
- - - PICANOL DO BRASIL SOC.ETR.
E.P.B. |
|
|
|
|
- - - PT PICANOL INDONESIA
SOC.ETR. E.P.B. |
|
|
|
|
- - - PICANOL (SUZHOU IND.PARK) TEXTILE
MACHIN |
|
|
|
|
- - - PICANOL (SUZHOU) TRADING C0
LTD SOC.ETR |
|
|
|
|
- - - PICANOL TEKSTIL MAKINALARI
TIC. LTD. STI... |
|
|
|
|
- - - PICANOL OF AMERICA INC.
SOC.ETR. E.P.B. |
|
|
|
Minority Shareholders
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
461029617 |
Symphony Mills NV |
24.58 |
31/12/2014 |
|
428949935 |
Buraco NV |
5.42 |
31/12/2014 |
|
Minority Interests |
|
|
|
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
403038859 |
Syndicaat van de Belgische |
27 |
31/12/2014 |
|
|
Textielmachinebouwers CVBA |
|
|
|
Summary |
|
|
Group -
Number of Companies |
15 |
|
Linkages -
Number of Companies |
4 |
|
Number of
Countries |
2 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
GÜNNE WEBMASCHINENFABRIK |
HRB 5406 |
31.12.2014 |
|
|
GESELLSCHAFT MIT BESCHRÄNKTER |
|
|
|
|
HAFTUNG |
|
|
|
|
SYNDICAAT VAN DE BELGISCHE |
403038859 |
31.12.2014 |
|
|
TEXTIELMACHINEBOUWERS CVBA |
|
|
|
|
BURACO NV |
428949935 |
31.12.2014 |
|
|
PASMA NV |
466125382 |
31.12.2014 |
|
|
Summons |
|
|
|
Legal event type |
Social Security Summons |
|
|
Event date |
12/09/2003 |
|
|
Court type |
Court name |
Ieper |
|
Creditor's name |
3rd party type |
|
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 |
Director |
|
Start Date |
21/04/2010 |
|
Date of birth |
15/02/1958 |
|
Street |
104 BRANDSTRAAT SINT-MARTENS-LATEM |
|
Post code |
9830 |
|
Country |
Belgium |
|
Name |
STEFAAN HASPESLAGH |
|
Name |
LUC TACK |
|
Position |
Managing Director |
|
Start Date |
09/07/2009 |
|
Date of birth |
03/09/1961 |
|
Street |
23 FILLIERSDREEF DEINZE |
|
Post code |
9800 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
09/07/2009 |
|
Date of birth |
03/09/1961 |
|
Street |
23 FILLIERSDREEF DEINZE |
|
Post code |
9800 |
|
Country |
Belgium |
|
Name |
KANTOOR TORRIMMO NV |
|
Position |
Legal Representative |
|
Start Date |
20/04/2011 |
|
Date of birth |
06/10/1988 |
|
Street |
43 OUDE IEPERSESTRAAT IZEGEM |
|
Post code |
8870 |
|
Country |
Belgium |
|
Name |
MEERWAARDE,OMNIPRESENCE,SYMPATHI BVBA |
|
Position |
Legal Representative |
|
Start Date |
16/03/2005 |
|
Date of birth |
31/01/2005 |
|
Street |
66 DRIELINDENBAAN MERCHTEM |
|
Post code |
1785 |
|
Country |
Belgium |
|
Name |
HRV NV |
|
Position |
Legal Representative |
|
Start Date |
16/03/2005 |
|
Date of birth |
01/01/2004 |
|
Street |
FAIRYBANKHELLING KOKSIJDE |
|
Post code |
8670 |
|
Country |
Belgium |
|
CURRENT MANDATES
IN OTHER COMPANIES |
|
|
Name |
Vlaams-Chinese Kamer van
Koophandel VZW |
|
Business number |
871222920 |
|
Position |
Director |
|
Start Date |
28/12/2004 |
|
Business number |
871222920 |
|
Position |
Legal Representative |
|
Start Date |
28/12/2004 |
|
Name |
PsiControl NV |
|
Business number |
437446145 |
|
Position |
Director |
|
Start Date |
23/04/2002 |
|
Business number |
438243426 |
|
Position |
Director |
|
Start Date |
24/04/2002 |
|
Business number |
437446145 |
|
Position |
Legal Representative |
|
Start Date |
15/12/2009 |
|
Business number |
441554490 |
|
Position |
Legal Representative |
|
Start Date |
17/12/2009 |
|
Name |
Melotte NV |
|
Business number |
407155421 |
|
Position |
Chairman of the Board |
|
Start Date |
06/07/2012 |
|
Business number |
407155421 |
|
Position |
Director |
|
Start Date |
28/05/2004 |
|
Business number |
407155421 |
|
Position |
Legal Representative |
|
Start Date |
17/12/2009 |
|
Former director
details |
|
|
Name |
STEFAAN HASPESLAGH |
|
Position |
Chairman of the Board |
|
Start Date |
21/04/2010 |
|
End Date |
16/04/2014 |
|
Date of birth |
15/02/1958 |
|
Street |
104 BRANDSTRAAT SINT-MARTENS-LATEM |
|
Post code |
9830 |
|
Country |
Belgium |
|
Name |
PASMA NV |
|
Position |
Managing Director |
|
Start Date |
27/08/1999 |
|
End Date |
Unknown date |
|
Date of birth |
27/05/1999 |
|
Street |
160 JULES BORDETLAAN BRUSSEL |
|
Post code |
1140 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
21/12/2009 |
|
End Date |
18/04/2012 |
|
Date of birth |
27/05/1999 |
|
Street |
160 JULES BORDETLAAN BRUSSEL |
|
Post code |
1140 |
|
Country |
Belgium |
|
Position |
Vice Chairperson |
|
Start Date |
10/10/2004 |
|
End Date |
Unknown date |
|
Date of birth |
27/05/1999 |
|
Street |
160 JULES BORDETLAAN BRUSSEL |
|
Post code |
1140 |
|
Country |
Belgium |
|
Name |
CHRISTULF BVBA |
|
Position |
Managing Director |
|
Start Date |
16/03/2005 |
|
End Date |
Unknown date |
|
Date of birth |
01/04/2005 |
|
Street |
GROTESTRAAT MAASMECHELEN |
|
Post code |
3631 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
20/04/2011 |
|
Date of birth |
01/04/2005 |
|
Street |
GROTESTRAAT MAASMECHELEN |
|
Post code |
3631 |
|
Country |
Belgium |
|
Name |
KANTOOR TORRIMMO NV |
|
Position |
Director |
|
Start Date |
20/04/2011 |
|
End Date |
15/04/2015 |
|
Date of birth |
06/10/1988 |
|
Street |
43 OUDE IEPERSESTRAAT IZEGEM |
|
Post code |
8870 |
|
Country |
Belgium |
|
Name |
MEERWAARDE,OMNIPRESENCE,SYMPATHI BVBA |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
18/04/2012 |
|
Date of birth |
31/01/2005 |
|
Street |
66 DRIELINDENBAAN MERCHTEM |
|
Post code |
1785 |
|
Country |
Belgium |
|
Name |
FINDAR BVBA |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
09/07/2009 |
|
Date of birth |
30/12/2000 |
|
Street |
1190 KORTRIJKSESTEENWEG GENT |
|
Post code |
9051 |
|
Country |
Belgium |
|
Position |
Legal Representative |
|
Start Date |
01/01/2007 |
|
End Date |
Unknown date |
|
Date of birth |
30/12/2000 |
|
Street |
1190 KORTRIJKSESTEENWEG GENT |
|
Post code |
9051 |
|
Country |
Belgium |
|
Name |
HRV NV |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
18/04/2012 |
|
Date of birth |
01/01/2004 |
|
Street |
FAIRYBANKHELLING KOKSIJDE |
|
Post code |
8670 |
|
Country |
Belgium |
|
Name |
PATRICK ALOIS MARIE STEVERLYNCK |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
18/04/2012 |
|
Date of birth |
06/02/1947 |
|
Street |
35 CANADALAAN IEPER |
|
Post code |
8902 |
|
Country |
Belgium |
|
Name |
YVES STEVERLYNCK |
|
Position |
Director |
|
Start Date |
23/04/2003 |
|
End Date |
Unknown date |
|
Street |
10 KLEINE IEPERSTRAAT ZONNEBEKE |
|
Post code |
8980 |
|
Country |
Belgium |
|
Name |
BERLAU CVA |
|
Position |
Director |
|
Start Date |
25/10/2002 |
|
End Date |
Unknown date |
|
Date of birth |
23/09/2002 |
|
Street |
564 MEENSEWEG IEPER |
|
Post code |
8902 |
|
Country |
Belgium |
|
Name |
LUC AUGUSTE VAN NEVEL |
|
Position |
Director |
|
Start Date |
23/04/2003 |
|
End Date |
Unknown date |
|
Date of birth |
28/01/1947 |
|
Street |
129 BERCHEMWEG OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Name |
JURGEN COUVREUR |
|
Position |
Vice Chairperson |
|
Start Date |
09/10/2009 |
|
End Date |
Unknown date |
|
Street |
40 DAMWEG DAMME |
|
Post code |
8340 |
|
Country |
Belgium |
|
Name |
TACAN EBVBA |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
31/12/2011 |
|
Date of birth |
27/06/2001 |
|
Street |
8 NEVELSE WARANDE SINT-MARTENS-LATEM |
|
Post code |
9830 |
|
Country |
Belgium |
|
Position |
Legal Representative |
|
Start Date |
16/03/2005 |
|
End Date |
Unknown date |
|
Date of birth |
27/06/2001 |
|
Street |
8 NEVELSE WARANDE SINT-MARTENS-LATEM |
|
Post code |
9830 |
|
Country |
Belgium |
|
Name |
BURACO NV |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
31/12/2011 |
|
Date of birth |
13/06/1986 |
|
Street |
151 JAN DE TROCHSTRAAT DILBEEK |
|
Post code |
1703 |
|
Country |
Belgium |
|
Name |
THE MARBLE BVBA |
|
Position |
Chairman of the Board |
|
Start Date |
16/04/2008 |
|
End Date |
20/04/2011 |
|
Date of birth |
10/05/2004 |
|
Street |
131 BERCHEMWEG OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
16/04/2008 |
|
End Date |
20/04/2011 |
|
Date of birth |
10/05/2004 |
|
Street |
131 BERCHEMWEG OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Position |
Legal Representative |
|
Start Date |
05/08/2004 |
|
End Date |
Unknown date |
|
Date of birth |
10/05/2004 |
|
Street |
131 BERCHEMWEG OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Position |
Chairperson |
|
Start Date |
10/10/2004 |
|
End Date |
20/04/2011 |
|
Date of birth |
10/05/2004 |
|
Street |
131 BERCHEMWEG OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Name |
PATRICK STEVERLYNCK |
|
Position |
Director |
|
Start Date |
22/05/2006 |
|
End Date |
Unknown date |
|
Street |
33 CANADALAAN IEPER |
|
Post code |
8902 |
|
Country |
Belgium |
|
Name |
CONSILIUM BVBA |
|
Position |
Legal Representative |
|
Start Date |
25/03/2005 |
|
End Date |
Unknown date |
|
Date of birth |
26/03/1999 |
|
Street |
4 KERREBROEK NEVELE |
|
Post code |
9850 |
|
Country |
Belgium |
|
Name |
ALOÏS MICHIELSEN |
|
Position |
Director |
|
Start Date |
23/04/2003 |
|
End Date |
Unknown date |
|
Date of birth |
06/01/1942 |
|
Street |
5 CHEMIN DE BAS-RANSBECK LASNE |
|
Post code |
1380 |
|
Country |
Belgium |
|
Name |
GEVACOM NV |
|
Position |
Director |
|
Start Date |
23/04/2003 |
|
End Date |
Unknown date |
|
Date of birth |
12/01/1994 |
|
Street |
15 WIJNSBERGSTRAAT ANZEGEM |
|
Post code |
8570 |
|
Country |
Belgium |
|
Name |
ALEC GEVAERT |
|
Position |
Director |
|
Start Date |
07/11/2001 |
|
End Date |
Unknown date |
|
Street |
15 WIJNSBERGSTRAAT ANZEGEM |
|
Post code |
8570 |
|
Country |
Belgium |
|
Name |
SUNE CARLSSON |
|
Position |
Director |
|
Start Date |
23/04/2003 |
|
End Date |
Unknown date |
|
Street |
6 HOVAS ARKITEVLÄG HOVAAS |
|
Post code |
43650 |
|
Country |
Sweden |
|
Name |
WILLIAM BLOMME |
|
Position |
Legal Representative |
|
Start Date |
28/04/2004 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
JAN COENEN |
|
Position |
Chairperson |
|
Start Date |
27/10/2004 |
|
End Date |
10/10/2004 |
|
Street |
|
|
Post code Country |
|
FORMER MANDATES
IN OTHER COMPANIES
|
Name |
Millentex in vereffening NV |
|
Business number |
464021967 |
|
Position |
Director |
|
Start Date |
25/01/2002 |
|
End Date |
Unknown date |
|
Business number |
473977533 |
|
Position |
Director |
|
Start Date |
02/06/2005 |
|
End Date |
Unknown date |
|
Business number |
473977533 |
|
Position |
Legal Representative |
|
Start Date |
19/06/2008 |
|
End Date |
Unknown date |
|
Name |
PsiControl NV |
|
Business number |
437446145 |
|
Position |
Managing Director |
|
Start Date |
04/04/2009 |
|
End Date |
06/04/2012 |
|
Business number |
438243426 |
|
Position |
Managing Director |
|
Start Date |
18/12/2009 |
|
End Date |
25/04/2012 |
|
Business number |
441554490 |
|
Position |
Managing Director |
|
Start Date |
25/01/2002 |
|
End Date |
Unknown date |
|
Business number |
441554490 |
|
Position |
Director |
|
Start Date |
25/01/2002 |
|
End Date |
Unknown date |
|
Business number |
438243426 |
|
Position |
Legal Representative |
|
Start Date |
26/04/2006 |
|
End Date |
Unknown date |
|
Name |
Melotte NV |
|
Business number |
407155421 |
|
Position |
Managing Director |
|
Start Date |
28/05/2004 |
|
End Date |
17/12/2009 |
|
Name |
Gereedschapsmakerij Melotte in
vereffening NV |
|
Business number |
434700550 |
|
Position |
Managing Director |
|
Start Date |
17/04/2002 |
|
End Date |
Unknown date |
|
Business number |
434700550 |
|
Position |
Director |
|
Start Date |
17/04/2002 |
|
End Date |
Unknown date |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.66.99 |
|
|
1 |
Rs.101.78 |
|
Euro |
1 |
Rs.73.47 |
|
EUR |
1 |
Rs.73.86 |
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.