MIRA INFORM REPORT

 

 

Report No. :

354884

Report Date :

15.12.2015

           

IDENTIFICATION DETAILS

 

Name :

SHRENUJ  NV

 

 

Registered Office :

Pelikaanstraat  62 2018 Antwerpen

 

 

Country :

Belgium

 

 

Financials (as on) :

31.03.2014

 

 

Date of Incorporation :

23.09.2005

 

 

Com. Reg. No.:

876762313

 

 

Legal Form :

Public  limited  company

 

 

Line of Business :

Wholesale  of  diamonds  and other  precious  stones

 

 

Employees:

4

 

RATING & COMMENTS

 

MIRA’s Rating :

B

 

RATING

STATUS

PROPOSED CREDIT LINE

26-40

B

Capability to overcome financial difficulties seems comparatively below average.

Small

 

Status :

Moderate

Payment Behaviour :

Slow but correct

Litigation :

Clear

 

NOTES :

Any query related to this report can be made on e-mail : infodept@mirainform.com while quoting report number, name and date.

 

 

ECGC Country Risk Classification List – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

Belgium

A2

A2

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 

 

 

BELGIUM - ECONOMIC OVERVIEW

 

This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to shifts in foreign demand, particularly in Belgium’s EU trade partners. Roughly three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the 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

 

Company summary                        

 

Business  number

876762313

Branche  Unit  Number

2149603637

Company  name

SHRENUJ  NV

Address

PELIKAANSTRAAT  62

 

2018 ANTWERPEN

Number  of  staff

4

Date  of  establishment

23/09/2005

Telephone  number

032316373

Fax  number

032323236

 

 

Commentary

 

The  business  was  established  over  10  years  ago. The  business  has  4  employees.

The  business  has  been  at  the  address  for  over  10  years.

Pre-tax  profits  increased  by  30%  compared  to  the  previous  trading  period.

The  business  saw  a  decrease  in  their  Cash  Balance  of  74%  during  the  latest  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/03/2014

252,865,288

729,417

30,876,170

31,270,494

31/03/2013

231,071,977

557,103

30,117,940

30,684,610

31/03/2012

166,669,691

306,876

18,160,590

18,713,263

 

 

Accounts

                                                                                                                                          

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/03/2014

134,286,833

4

28,669,389

771,860

31/03/2013

139,926,336

4

28,524,425

596,206

31/03/2012

75,939,562

3

17,165,916

314,508

 

 

Payment  expectations

 

Past  payments

 

Payment  expectation  days

60.71

Industry  average  payment

187.64

Industry  average  day  sales

194.53

expectation  days

 

outstanding

 

Day  sales  outstanding

162.27

 

 

 

 

Court data summary

 

BANKRUPTCY  DETAILS

 

Court  action  type                     no

 

PROTESTED  BILLS

 

Bill  amount                   -

 

NSSO  DETAILS          

 

Date  of  summons        -

 

 

Company information  

 

 

Business  number

876762313

Company  name

SHRENUJ  NV

Fax  number

032323236

Date  founded

23/09/2005

Company  status

active

Company  type

Public  limited  company

Currency

Euro  (€)

Date  of  latest  accounts

31/03/2014

Activity  code

46761

Liable  for  VAT

yes

Activity  description

Wholesale  of  diamonds  and other  precious  stones

VAT  Number

BE.0876.762.313  Check  VAT

 

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

218

Description

Additional  national  joint  committee  for  the  employees

category

 

JIC  Code

324

Description

Joint  committee  for  the  industry  and  the  trade  in  diamant

category

 

 

Significant  Events

 

Event  Date

30/06/2011

Event  Description

re-appointment  of  director(s)

Event  Details

Commentaar  30-06-2011:  Herbenoemd  als  bestuurder  tot  na  de  jaarvergadering  van  2017:  Doshi Apoorva  (tevens  als  gedelegeerd  bestuurder),  Shah  Jamir,  Shah  Kalpit  en  Van  Binitkumar.

Event  Date

23/09/2005

Event  Description

Legal  creation

Event  Details

 

 

 

Company accounts

 

Assets

 

 

 

 

 

 

 

 

 

Annual  accounts

31-03-2014

%

31-03-2013

%

31-03-2012

%

31-03-2011

%

31-03-2010

Weeks

52

 

52

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

Total  fixed  assets

330,976

53.53

215,583

7.10

201,293

33.23

151,084

6.28

142,153

Intangible  fixed  assets

0

-

0

-

0

-

0

-

0

Tangible  fixed  assets

316,467

58.20

200,042

1.78

196,547

34.05

146,622

6.49

137,691

Land  &  building

0

-

0

-

0

-

0

-

0

Plant  &  machinery

177,273

211

56,992

3.72

54,947

-7.70

59,532

-4.50

62,336

Furniture  &  Vehicles

139,193

-2.70

143,050

1.02

141,600

62.59

87,090

15.57

75,354

Leasing  &  Other  Similar  Rights

0

-

0

-

0

-

0

-

0

Other  tangible  assets

1

-

0

-

0

-

0

-

0

Financial  fixed  assets

14,510

-6.63

15,541

227

4,746

6.36

4,462

0

4,462

Total  current  assets

133,955,857

-4.12

139,710,753

84.47

75,738,269

11.19

68,113,637

22.65

55,533,346

Inventories

19,621,881

47.00

13,348,445

63.20

8,178,995

-49.29

16,129,116

129

7,027,303

Raw  materials  &  consumables

0

-

0

-

0

-

0

-

0

Work  in  progress

0

-

0

-

0

-

0

-

0

Finished  goods

19,621,881

47.00

13,348,445

63.20

8,178,995

-49.29

16,129,116

129

7,027,303

Other  stocks

0

-

0

-

0

-

0

-

0

 

Trade  debtors

112,419,273

-9.49

124,210,677

85.22

67,059,665

29.83

51,649,927

7.74

47,941,145

Other  amounts  receivable

20,556

-8.52

22,470

102

11,105

-20.49

13,967

-32.40

20,660

Cash

69,714

-74.95

278,251

-39.56

460,403

56.49

294,199

-39.03

482,546

Miscellaneous  current  assets

1,824,432

-1.43

1,850,910

6486

28,101

6.33

26,428

-57.16

61,692

Total  Assets

134,286,833

-4.03

139,926,336

84.26

75,939,562

11.24

68,264,720

22.61

55,675,499

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

30,876,170

2.52

30,117,940

65.84

18,160,590

244

5,272,195

50.69

3,498,635

Issued  share  capital

28,669,389

0.51

28,524,425

66.17

17,165,916

273

4,594,657

47.70

3,110,867

Share  premium  account

0

-

0

-

0

-

0

-

0

Revaluation  reserve

0

-

0

-

0

-

0

-

0

Reserves

2,206,781

38.49

1,593,515

60.20

994,674

46.81

677,539

74.73

387,768

Provisions  for  Liabilities  &

0

-

0

-

0

-

0

-

0

Charges

 

 

 

 

 

 

 

 

 

 

Deffered  taxes

0

-

0

-

0

-

0

-

0

Creditors

103,410,663

-5.83

109,808,396

90.05

57,778,972

-8.28

62,992,525

20.73

52,176,864

Other  long  term  loans

725,300

-7.28

782,253

3.75

753,966

-84.04

4,724,955

86.02

2,539,996

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

725,300

-7.28

782,253

3.75

753,966

-84.04

4,724,955

86.02

2,539,996

 

Current  portion  of  long  term

1,353

-65.42

3,913

5.67

3,703

-56.86

8,584

-0.08

8,591

debt

 

 

 

 

 

 

 

 

 

Financial  debts

61,077,480

-11.28

68,841,166

95.34

35,241,395

19.59

29,468,907

29.06

22,833,453

Trade  creditors

41,427,271

3.67

39,960,302

84.95

21,606,441

-24.52

28,624,659

8.27

26,439,268

Amounts  Payable  for  Taxes,

70,810

39.72

50,680

-31.31

73,784

-23.92

96,976

124

43,116

Remuneration  &  Social

 

 

 

 

 

 

 

 

 

Security

 

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

108,449

-36.24

170,082

70.62

99,683

45.64

68,444

-78.09

312,439

Total  current  liabilities

102,685,363

-5.82

109,026,143

91.19

57,025,006

-2.13

58,267,571

17.39

49,636,868

Total  Liabilities

134,286,833

-4.03

139,926,336

84.26

75,939,562

11.24

68,264,720

22.61

55,675,499

 

ratio  analysis

                                                                                                                  

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

0.29

20.83

0.24

33.33

0.18

-28.00

0.25

31.58

0.19

Return  on  capital  employed

2.31

28.33

1.80

11.11

1.62

-56.80

3.75

34.89

2.78

Return  on  total  assets  employed

0.54

35.00

0.40

0

0.40

-27.27

0.55

83.33

0.30

Return  on  net  assets  employed

2.36

27.57

1.85

9.47

1.69

-76.23

7.11

48.43

4.79

Sales  /  net  working  capital

8.09

7.44

7.53

-15.49

8.91

-41.92

15.34

1.39

15.13

Stock  turnover  ratio

7.76

34.26

5.78

17.72

4.91

-54.03

10.68

35.53

7.88

 

Creditor  days

60.71

-5.33

64.13

33.97

47.87

-31.63

70.02

-35.97

109.36

Debtor  days

162.27

-17.29

196.20

33.60

146.86

17.67

124.81

-36.38

196.18

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

1.30

1.56

1.28

-3.76

1.33

13.68

1.17

4.46

1.12

Liquidity  ratio  /  acid  ratio

1.11

-4.31

1.16

-1.69

1.18

32.58

0.89

-9.18

0.98

Current  debt  ratio

3.33

-8.01

3.62

15.29

3.14

-71.58

11.05

-22.13

14.19

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

771,860

29.46

596,206

89.57

314,508

-1.00

317,701

85.93

170,875

Net  worth

30,876,170

2.52

30,117,940

65.84

18,160,590

244

5,272,195

50.69

3,498,635

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

200.17

-13.41

231.18

16.62

198.23

-69.44

648.73

-10.58

725.48

Equity  in  percentage

22.99

6.83

21.52

-10.00

23.91

209

7.72

22.93

6.28

Total  debt  ratio

3.35

-8.22

3.65

14.78

3.18

-73.39

11.95

-19.85

14.91

Working  capital

31,270,494

1.91

30,684,610

63.97

18,713,263

90.06

9,846,066

66.98

5,896,478

 

Profit  &  loss

                                                                                                                                                  

Operating  Income

253,031,711

9.42

231,248,578

38.71

166,713,369

10.36

151,064,549

68.65

89,573,144

Turnover

252,865,288

9.43

231,071,977

38.64

166,669,691

10.35

151,041,888

69.34

89,196,210

Total  operating  expenses

249,083,982

9.51

227,452,220

38.06

164,743,803

10.41

149,216,673

69.10

88,244,000

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

249,250,405

9.50

227,628,820

38.13

164,787,480

10.42

149,239,334

68.40

88,620,934

Employee  costs

168,521

15.47

145,945

6.68

136,805

17.59

116,344

82.17

63,866

Wages  and  salary

133,566

15.07

116,073

7.92

107,555

15.56

93,071

89.43

49,132

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security  contributions

29,189

22.03

23,920

7.31

22,290

25.96

17,695

99

8,866

Other  employee  costs

5,766

-3.12

5,952

-14.48

6,960

24.78

5,578

-4.94

5,868

Director  remuneration

-

-

107,424

-1.97

109,585

-

-

-

72,913

Amortization  and  depreciation

45,136

12.44

40,144

-0.92

40,516

45.06

27,930

29.91

21,499

Operating  result

3,781,306

4.46

3,619,757

87.95

1,925,888

5.52

1,825,215

91.68

952,210

Total  financial  income

54,546

-2.38

55,878

67.42

33,375

209

10,767

9445

113

Total  financial  expenses

3,106,435

-0.39

3,118,532

88.73

1,652,388

13.09

1,461,126

86.20

784,689

 

Results  on  ordinary

operations  before  taxation

729,417

30.93

557,103

81.54

306,876

-18.13

374,855

123

167,634

Extraordinary  Income

-

-

11,257

-

-

-

8,160

-

-

Extraordinary  Charges

-

-

-

-

-

-

8,108

-

-

Extraordinary  items

0

-100

11,257

-

0

-100

52

-

0

Results  for  the  Year  Before Taxation

729,417

28.34

568,360

85.21

306,876

-18.15

374,907

123

167,634

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

2,693

-78.10

12,298

-62.60

32,884

-61.37

85,136

366

18,258

Results  on  ordinary

operations  after  taxation

726,724

33.39

544,805

98.84

273,992

-5.43

289,719

93.95

149,376

Net  result

726,724

30.69

556,062

102

273,992

-5.45

289,771

93.99

149,376

Profit  (Loss)  for  the  Year  to  be

726,724

30.69

556,062

102

273,992

-5.45

289,771

93.99

149,376

 

appropiated

 

Dividends

-

-

-

-

-

-

-

-

-

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet

 

 

 

Total

 

 

 

 

 

During  the  reporting  year

 

 

 

 

 

 

 

 

 

ended  31-03-2014

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

4

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total  Fte  Employees

 

 

 

4

 

 

 

 

 

Number  of  hours  worked

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

6,992

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total

 

 

 

6,992

 

 

 

 

 

Personnel  Charges

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

168,521

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total

 

 

 

168,521

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

During  the  previous  reporting  year

 

 

 

 

 

 

 

 

 

Average  number  employees  in  Fte

 

 

 

3

 

 

 

 

 

Actual  working  hours

 

 

 

5,548

 

 

 

 

 

Personnel  Charges

 

 

 

135,553

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

4

-

4

Contracts

 

 

 

Limited  Duration  Contracts

-

-

-

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding

-

-

-

 

Gender  and  Education Level

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

-

-

-

Higher  education  (non

-

-

-

university)

 

 

 

Higher  education

1

-

1

(university)

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

2

-

2

Secondairy  education

1

-

1

Higher  education  (non

-

-

-

university)

 

 

 

Higher  education

-

-

-

(university)

 

 

 

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

4

-

4

Blue  collar  worker

-

-

-

Other

-

-

-

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

-

 

Actual  working  hours

 

-

 

Cost  of  temporary  staff

 

-

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

-

-

-

Leavers

-

-

-

 

Total  of  formal  continuing  vocational  training  initiatives

 

 

for  workers  paid  by  the  employer

Male

Female

Number  of  employees

-

-

Number  of  training  hours

-

-

Net  costs  for  enterprise

-

-

Total  of  less  formal  and  informal  continuing  vocational

 

 

training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

-

-

Number  of  training  hours

-

-

Net  costs  for  enterprise

-

-

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

46761

 

Activity  description

Wholesale  of  diamonds  and  other  precious  stones

 

 

Payment  Information  Summary

                                                                                                                                                    

Total  number  of  Invoices  available

2

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

2

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

0

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

0

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

 

Suspension of payments / moratorium history

 

Amount

-

Details

-

Payment  expectations

 

Payment  expectation  days

60.71

Day  sales  outstanding

162.27

Industry  comparison

 

Activity  code

46761

Activity  description

Wholesale  of  diamonds  and  other  precious  stones

Industry  average  payment

187.64

expectation  days

 

Industry  average  day  sales

194.53

outstanding

 

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

60.71

Lower

132.91

Median

60.30

Upper

28.62

 

Day  sales  outstanding

 

Company  result

162.27

Lower

131.59

Median

84.67

Upper

46.95

 

 

Shareholder Details              

 

Summary

 

Group  -  Number  of  Companies

0

Linkages  -  Number  of  Companies

0

Number  of  Countries

0

 

Group  Structure

 

No  group  structure  for  this  company.

 

Minority  Shareholders

 

No  minority  shareholders  found

 

Minority  Interests

 

No  minority  interests  found

 

Companies  that  match  this  address

 

Business  number

Company  name

Date  of  accounts

404738735

VENNOOTSCHAP  VOOR  BEHEER  EN  VALORISATIE  VAN  ONROER

30/06/2014

437451291

LIMO  DIAMONDS  BVBA

31/12/2005

467188919

M  &  M  KORNREICH  DIAMONDS  BVBA

31/12/2009

820556256

J.K  STAR  BVBA

31/12/2012

839603492

G.S.  DIAMONDS  BVBA

31/12/2014

431249330

INDUSTRIAL  DIAMOND  ASSOCIATION  BVBA

31/12/2014

444124297

BRABO  DEVELOPMENT  INTERNATIONAL  NV

-

417752571

SCALDIA  DIAMOND  POLISHING  CO  BVBA

-

412829327

ALDIAEM  BVBA

31/12/2000

416730113

VICTORY  DC  NV

31/12/2014

444052736

BELADAMAS  NV

31/12/2014

443630686

W.  VERREYKEN  NV

-

833932556

DIAMOND  COMPANY  BVBA

31/12/2013

404932537

BARSAMIAN  DIAMONDS  NV

31/12/2014

406299346

DIAMFAB  BVBA

31/07/2006

460017946

DHWANI  GEMS  BVBA

31/12/2013

459939851

ANTWERP  DIAMOND  WORKS  EBVBA

31/03/2015

474807377

FIMA  DIAMONDS  EBVBA

31/12/2014

891161269

DIAMATRIX  BVBA

31/12/2014

437313612

ADDO  DIAMONDS  BVBA

31/12/2014

456076380

THOMAS  FÄRBER(ANTWERP)  NV

31/12/2014

417379023

ARSLANIAN  CUTTING  WORKS  BVBA

31/12/2013

543951947

PRIZM  BVBA

31/12/2014

870927861

JA-DIAM  BVBA

31/12/2014

409263586

COMITÉ  BELGE  DE  PROPAGANDE  POUR  LE  DIAMANT  VZW

-

425003520

GROS  DIFFUSION  BVBA

31/12/2014

473305758

INDIAM  BVBA

31/12/2014

475416301

HOPE  BELGIUM  NV

30/06/2014

445849414

DIAMANT  INTERNATIONAL  BVBA

31/12/2000

446896321

DIAMOND  JEWELRY  MANUFACTURING  LIMITED  BVBA

31/12/2010

418911920

A.  HABERKORN  AND  SONS  BVBA

31/12/2014

860248755

HOLDING  SINCE  1789  NV

30/06/2013

599900953

WERELDFEDERATIE  VAN  DIAMANTBEURZEN  IVZW

-

448544826

SNEHDIAM  EBVBA

31/12/2014

460099506

HISPADIAM  EBVBA

31/12/2014

420443728

SHACON  UNITED  NV

31/12/1998

428514623

ESPOIR  INTERNATIONAL  SPRL

31/12/2014

830951290

DIAMANTAIRE  BVBA

31/12/2014

419875881

BELDIAMCO  BVBA

-

404989252

JACQUES  I.  SLAP  BVBA

31/12/1999

453494992

EDDY  CLAESSENS  EBVBA

31/12/2014

455632655

DIAMOND  TRADING  NV

31/12/2014

825191569

PERCEPT  DIAMONDS  BVBA

31/12/2014

436745864

KRIS  DIAMONDS  EBVBA

31/03/2015

404949363

DIAROOS  BVBA

31/12/1999

404991826

JACQUES  ET  BERGE  TCHERKEZIAN  BVBA

08/12/1999

843727378

ASHOK  JEWELLERS  &  DIAMONDS  BVBA

31/12/2014

859699815

HOLDING  SINCE  1789  BVBA

31/12/2014

424806253

ART  FOR  DIAMONDS  BVBA

31/12/2009

465915942

MILU  BVBA

30/06/2002

407613497

COHEN  Y  ESCALONI  BVBA

31/12/2002

407689515

H.  EDELSTEIN  AND  SON  BVBA

-

406769401

GENERAL  DIAMOND  TRADING  CY  BVBA

31/12/2014

451063163

ASTRON  DIAMOND  NV

31/12/2014

425272843

PARK  JEWELRY  BVBA

31/12/2014

404998754

J.  VIJEVANO  NV

31/12/2005

406610736

RUBINLICHT  EN  ZOON  BVBA

31/12/2006

445523968

ELITE  ENTERPRISE  BVBA

-

403762597

BENELUX  DIAMONDS  BVBA

31/12/2014

404993806

CHS.VAN  ANTWERPEN  EN  COMPAGNIE  CV

-

414079934

FEDERATIE  DER  BELGISCHE  DIAMANTBEURZEN  VZW

-

821180719

ALEX-F  JEWELRY  BVBA

31/12/2014

421754911

EURO  -  DIAMONDS  BVBA

-

453684242

I.  EN  W.  INTERNATIONAL  NV

31/12/2013

449539372

NAIRI  DIAMONDS  NV

31/12/2001

471155427

MILLENNIUM  STAR  BVBA

31/12/2014

404985589

ROUDIAM  BVBA

-

412088266

PAG  GEMS  NV

-

407614388

KROCHMAL  &  LIEBER  BVBA

31/12/2014

470151872

JACOBS  EN  SMOLDERS  BVBA

31/12/2014

831189733

J.D.  STAR  BVBA

31/12/2014

404969060

L.  KROCHMAL  AND  SONS  BVBA

-

424011645

SUNSHINE  GEMS  NV

31/12/2008

404950551

L.B.  EKSTEIN  -  LIEBER  EN  SON  BVBA

31/12/2014

429129582

JOJO  MANUFACTURING  NV

31/12/2000

436688555

IMMOBILIERE  JAMBLINNE  BVBA

31/12/2000

886017497

BC  HOLDING  NV

31/12/2014

432103326

MONNICKENDAM  AND  AKADIAM  MANUFACTURING  COMPANY  NV

31/12/2004

416385663

I.  KOMKOMMER  INTERNATIONAL  NV

31/12/2005

444603062

GARNAR  ANTWERP  NV

-

437967965

PERFECTION  DIAMONDS  BVBA

31/12/2006

507483907

REICHMANN  HENRY

-

870077825

LA  JOLLA  TRADING  NV

31/12/2011

404970347

JOHN  LENS  BVBA

31/12/2012

428142261

HAPPY  DIAMONDS  NV

31/07/2011

457403401

CUPID  DIAMONDS  NV

30/09/2004

466572572

BEAUTY  GEMS  BVBA

30/09/2013

860762954

SHREE  DIMON  BVBA

31/12/2014

415170589

MAVENDI  BVBA

31/12/2002

421581497

JODIMA  NV

-

428851648

ROUDIA  BVBA

-

442058692

VERIMCO  NV

31/12/2014

454587431

NICE  DIMON  BVBA

31/12/2014

479736264

DIABRO  EBVBA

31/12/2014

809646033

EXELCO  BOTSWANA  BVBA

31/12/2013

405989540

E.  MARTENS  BVBA

-

415050924

CHARLES  EN  HUBERT  VAN  DEN  EYNDE  BVBA

30/06/2014

540770644

GEMART  BELGIUM  BVBA

31/12/2014

880934697

SHUBH  DIAM  BVBA

31/12/2014

556827906

AVISH  BVBA

-

419592997

OCCIDENTAL  DIAMONDS  BVBA

-

419319221

RAJEEV  DIAMONDS  BVBA

-

418037138

AD.  BULWIK  EN  ZOON  BVBA

-

478660950

RICHELIEU  BVBA

31/12/2010

480459905

SUPERSTONE  DIAM  BVBA

31/12/2014

417107423

CONSTANT  VAN  BLERK  NV

31/12/2014

553772406

AMBA  ANTWERP  BVBA

-

426831672

JOEL  BVBA

31/12/2014

824075475

HRC  DIAMONDS  BVBA

31/12/2014

404963221

IDO  TOOLS  NV

-

411894365

CALAMBEL  CO  BVBA

-

425142684

DOWS  GEMS  BVBA

31/12/1999

475242491

BARSAMIAN  MANUFACTURING  NV

31/12/2003

873167076

KRUPA  DIMON  BVBA

31/12/2014

404103384

ETABLISSEMENTEN  CHARLES  ROMBOUTS  ET  FILS  BVBA

31/12/2000

437190381

NATURAL  FANCY  COLOUR  DIAMONDS  EBVBA

-

438830077

TWIN  TRACK  CORPORATION  NV

31/12/2008

870950627

FAERBER  DIAMOND  BVBA

31/12/2014

416304697

D.  EN  D.  DE  BELDER  NV

-

427274607

OGEM  BVBA

-

421185579

SUBHA  DIAMONDS  BVBA

-

441625360

SIMMCOBEL  NV

31/12/2014

452776204

BEDIMEX  BVBA

31/12/2014

460772467

UGAM  BVBA

30/06/2015

432357209

HALPDIA  BVBA

-

470012213

FLORA  GEMS  EBVBA

31/12/2014

475099466

LUC  VETS  BVBA  BVBA

31/12/2014

408129082

V.  SINGER  DIAMOND  COMPANY  BVBA

-

833972049

KLP  DIAMONDS  BVBA

31/12/2014

424719052

F.P.  EN  H.  DAMES  BVBA

-

413078557

IMBA  NV

-

460718227

NEW  WORLD  DIAMONDS  NV

31/12/2003

425677273

PROFIDIAM  BVBA

31/12/2014

869936679

F.  MOUAWAD  BVBA

31/12/2010

451327142

VAN  DEN  PLAS  EN  ZONEN  BVBA

31/12/2014

545948761

CERTDIAM  BVBA

31/12/2014

888166939

LUMINAS  BVBA

31/12/2014

459521563

CLUBRESTO  EBVBA

31/12/1999

413619678

LACHOWSKY  EN  ZUCKER  BVBA

-

414482780

CARADIAM  BVBA

31/12/2001

419291210

DIAMOND  AND  GEM  CORPORATION  BVBA

31/12/2014

427171865

IMPEXDIAM  BVBA

31/12/2013

630735669

ISHTARA  DIAMONDS  BVBA

-

895792030

PAON  BVBA

31/12/2014

417774446

HASENFELD  EN  STEIN  BVBA

-

418388021

RENÉ  J.  BENYACAR  EN  SON  NV

31/12/1998

631726059

GOLDY  DIAMONDS  BVBA

-

500946996

GUMUCHIAN  EUROPE  BVBA

31/12/2014

417627659

J.E.M.  DIAMONDS  BVBA

-

423296122

GREY  AND  SONS  BVBA

31/12/2012

883899731

PG  DIAM  BVBA

31/12/2014

407613596

TOFFIC  ESSES  BVBA

31/12/2014

404960647

H.  DE  HANTSETTERS  EN  ZOON  BVBA

-

440980905

N.N.  DIAMONDS  BVBA

31/12/2014

422238228

MEL  ROTHMAN  BVBA

31/12/2007

435398356

MEANDIAM  BVBA

31/12/1999

417678337

DEDIAM  BVBA

31/12/2014

423196152

L.  FRAENKEL  EN  SON  BVBA

31/12/2014

462340107

TRITON  TRADING  BVBA

31/12/2014

864798154

D.P.DIAM  BVBA

31/12/2014

543951650

B.  VERREYKEN  BVBA

31/12/2014

419932103

B.V.B.A.  MOUAWAD  BVBA

31/12/2012

458817918

ATLAS  GEMS  NV

31/12/2014

406837695

FRAMAR  BVBA

-

432607429

GEORGES  ABADJIAN  ET  FILS  BVBA

31/12/1999

508478354

AL  SAMAKAH  DIAMOND  BVBA

31/12/2014

474558543

INDEPENDENT  DIAMANTAIRES  ASSOCIATION  VZW

-

413649966

L.  EN  E.  BERKOVIC  DIAMANT  BVBA

-

440491054

ANTWERP  GEM  DIAMOND  MANUFACTURING  COMPANY  BVBA

-

436672917

MAZAL  DIAMONDS  NV

31/05/2014

820696808

R.S.  DIAMONDS  BVBA

31/12/2014

426064679

TALDIAM  BVBA

31/12/2004

423401238

ROGER  GROS  EN  CIE  BVBA

31/12/2014

419593690

GENERAL  DIAMOND  MANUFACTURING  AND  TRADING  COMPANY

-

810585943

FUTURE  GEMS  BVBA

30/09/2014

404697361

DIAMANTCLUB  VAN  ANTWERPEN  CVBA

31/12/2014

864995223

DIAMAZ  INTERNATIONAL  NV

31/12/2014

440183624

A.  HABERKORN  -  PH.  ROTHMAN  BVBA

-

465692050

POONAM  GEMS  BVBA

31/12/2014

894975250

S.R.  DIAMOND  BVBA

31/12/2014

414966988

ALBERT  JESSE  NV

-

440909441

DIAMOND  PROMOTION  AND  SERVICES  BVBA

31/12/1998

404995289

CH.  VAN  GESTEL  DIAMOND  WORKS  BVBA

31/12/2013

421861017

BELDIASA  BVBA

31/12/2010

869778313

ZAEL  BVBA

31/12/2014

 

432654444

BELPEARL  BVBA

31/12/2014

 

415584028

AKADIAM  MANUFACTURING  COMPANY  BVBA

31/12/2004

 

420244778

STAROUGH  BVBA

31/12/2014

 

471642407

DIALANCO  INTERNATIONAL  BVBA

31/12/2014

 

897156958

DIARAM  BVBA

31/12/2014

 

422521508

HAKIM  ET  CIE  BVBA

-

 

415813561

PAG  -  GINDER  DIAMONDS  NV

-

 

404957182

JOS  GELDZAHLER  BVBA

-

 

475161329

D'ORIGINE  INTERNATIONAL  BVBA

31/12/2005

 

473374252

RUSSBRILLIANTS  BVBA

31/12/2014

 

420768578

RIVER  DIAMONDS  NV

31/12/2013

 

416784749

ANTWERP  UNITED  DIAMONDS  NV

30/06/2015

 

471366649

NADIAC  INTERNATIONAL  BVBA

31/12/2014

 

428088318

MALMICO  NV

31/12/1998

 

461574401

THE  N  -  COLLECTION  BVBA

31/12/2014

 

809643162

WDB  BELGIUM  BVBA

31/12/2014

 

426621638

DIAM  2000  NV

31/12/2014

 

404991628

TAUB  EN  SCHANZER  DIAMOND  BVBA

-

 

415347763

ISRAËL  -  ARAB  DIAMOND  TRADING  BVBA

-

 

837339632

BELGEM  BVBA

31/12/2014

 

473023468

ALLIDIAM  MFG  NV

30/06/2014

 

861468975

EURODIAMONDS  BVBA

30/06/2014

 

419978227

SPARKLING  GEMS  BVBA

-

 

425397656

BULDIAM  NV

-

 

563677787

JAY  DIAMOND  BVBA

-

 

404959954

A.V.  GUMUCHDJIAN  NV

31/07/2014

 

424510701

ROJA  BVBA

31/12/2006

 

418884996

GINÉE  ROTTI  DIAMOND  COMPANY  NV

31/12/2014

 

432938714

CHARLES  BAMPS  NV

31/12/2010

 

459648950

S  EN  A  DIAMONDS  BVBA

31/12/2014

 

430345547

ABADIAM  ANDRE  BVBA

31/12/2014

 

479231072

A.T.  GEMS  INTERNATIONAL  BVBA

31/12/2009

 

536337645

RARE  STAR  DIAMONDS  BVBA

31/12/2014

 

877477737

INSIGHTCULTURE  BVBA

31/03/2015

 

404960251

GUTWIRTH  TRADING  COMPANY  BVBA

-

 

432938912

REGENCY  JEWELERY  COMPANY  NV

-

 

404947878

DIAMOND  CORPORATION  BVBA

-

 

459981423

GEM  IMPEX  EBVBA

31/12/2014

 

435508818

SMETS  DIAMOND  TRADING  EBVBA

31/12/1999

 

895044239

POLIGEM  EUROPE  BVBA

31/12/2014

 

899795457

PRIVATE  DIAMOND  CLUB  BVBA

31/12/2014

 

404937980

R.  BUSCH  NV

-

 

880725653

ARCADIA  DIAMONDS  BVBA

31/12/2014

 

897833780

GREAT  IMPEX  BVBA

31/12/2014

 

406299445

DIAMOND  DISTRIBUTORS  BELGIUM  BVBA

-

 

435775666

PAG  DIAMONDS  NV

31/10/2012

 

478318282

HIPPIQUE  NV

31/12/2014

 

462326051

A.O.T.  DIAMONDS  EBVBA

30/09/2014

 

473058013

BELGO  INVEST  BVBA

31/12/2003

 

542591769

NICOLE  DECOMBES  BVBA

31/12/2014

 

452154018

ANTEX  INTERNATIONAL  DIAMOND  CY  BVBA

31/12/2014

 

404978364

E.  NEUSTETEL  EN  CIE  BVBA

-

 

414012529

INTERNATIONAL  DIAMOND  COMPANY  BVBA

-

 

424609085

DIAMOND  TRADERS  ANTWERP  BVBA

31/12/2014

 

884871909

TIME  STAR  BVBA

31/12/2014

 

412830020

EMIEL  VETS  EN  ZONEN  NV

31/12/2014

 

416440301

ARTINIAN  NV

31/12/2014

 

518880021

AFINI  DIAMONDS  BVBA

30/06/2014

 

406851850

HERMAN  JEGER  BVBA

-

 

428696052

ROSEBUD  BVBA

-

 

465595050

MIRAGE  COLLECTIONS  BVBA

30/06/2014

 

412026108

HARRY  FORSTER-DIAMONDS  BVBA

-

 

864339878

YOUNG  ANTWERP  DIAMOND  MANUFACTURERS  VZW

-

 

404946393

DIADRILL  -  EURODIAMANT  BVBA

-

 

445720839

THE  MANOR  HOUSE  BVBA

31/12/2014

 

404932240

EDDY  BAMPS  EN  CIE  NV

31/12/1998

 

430033860

AREMCO  BVBA

31/12/2014

 

457308676

DIALPHA  BVBA

31/12/2014

 

422655625

SHANTI  GEMS  BVBA

31/12/2014

 

478820110

PARVAYIM  NV

31/12/2006

 

404930161

ASSOCIATED  DIAMOND  CUTTERS  BVBA

-

 

407213423

CULLINAN  NV

-

 

420562108

I.D.I.C.  BVBA

-

 

453918725

ELIDIAM  BVBA

31/12/2014

 

475160438

D'ORIGINE  BVBA

31/12/2014

 

435937103

ATLASS  EN  CO.  BVBA

31/12/2014

 

421738281

SOCIÉTÉ  ANVERSOISE  DE  GEMMOLOGIE  BVBA

-

 

866050246

TANYA'S  ANTWERP  BVBA

31/12/2014

 

406822849

KEVORK  OSKANIAN  DJANIK  NV

31/12/2014

 

424511293

SOVEREIGN  BVBA

31/12/2013

 

414697962

ALCOR  INTERNATIONAL  DIAMONDS  BVBA

-

 

837977060

VEE  &  VEE  DIAM  BVBA

31/12/2013

 

843041252

GEMOLOGICAL  SCIENCE  INTERNATIONAL  BVBA

31/12/2014

 

873922488

ARPANDIAM  BVBA

31/12/2014

 

424057967

ROYAL  GEM  COMPANY  BVBA

31/12/2014

 

448511865

PEGASUS  DIAMONDS  NV

31/12/2010

 

847708437

613 DIAMONDS  BVBA

31/12/2013

 

444603161

VAHE  OSKANIAN  DIAMONDS  NV

31/12/2014

 

809929709

N.G.  DIAM  BVBA

31/12/2014

 

404928379

ANTWERP  DIAMOND  JEWELS  NV

-

 

404997566

VEREUDIA  NV

-

 

898076478

MELANGE  JEWELS  BVBA

31/12/2014

 

404977968

NAYSAR  DIAMONDS  BVBA

-

 

448691217

SOBAV  INTERNATIONAL  BVBA

31/12/2000

 

432335136

S.  LOONSTEEN  DIAMONDS  V.O.F.

-

 

871752757

DIALMAZ  BVBA

31/12/2008

 

436756059

TSHIKAPA  GEMS  BVBA

31/12/1998

 

463611401

FAR  EAST  DIAMOND  DISTRIBUTORS  COMPANY  BVBA

31/12/2001

 

404948868

GASSAN  DIAMONDS  (BELGIUM)  NV

31/12/2014

 

872381178

MY  DEAR  DIAMONDS  BVBA

31/12/2014

 

420340194

PAPROCKI  -  NUYTS  DIAMANT  BVBA

31/12/2014

 

472119289

DINO  FINE  BVBA

31/12/2008

 

435854949

GAVRIEL  LERNER  DIAMONDS  BVBA

31/12/2014

 

448967072

SCHACHTER  EN  NAMDAR  BELGIUM  BVBA

31/12/2003

 

874934456

OVERNIGHT  COURIER  BVBA

31/12/2009

 

429971504

BRUDIAMS  BVBA

-

 

829770464

LANGERMAN  JEWELS  BVBA

31/12/2014

 

847574122

D-TRADERS  BVBA

31/03/2015

 

441618234

D.I.S.  BVBA

-

 

473592305

AFRO  LEONE  BVBA

31/12/2014

 

420967033

HARRY  WINSTON  OF  NEW  YORK  BVBA

31/12/2007

 

428015765

DIALANCO  BVBA

31/12/1999

 

404986876

SCALDIA  DIAMOND  MANUFACTURING  COMPANY  BVBA

31/12/1999

 

453475889

GENETRA  BVBA

-

 

544505639

ARHAM  DIAMONDS  BVBA

31/12/2014

 

421953661

SOCOFIN  BVBA

-

 

424920673

BUSINESS  SERVICES  (BELGIUM)  NV

-

 

433847445

ATAMANT  EBVBA

30/06/2014

 

451412660

VITAL  GEMS  BVBA

-

 

518922383

D-QUALITY  BVBA

-

 

454615838

CHRIS  CLAIRE  OVERSEAS  COMPAGNIE  BVBA

-

 

862484705

PODICKO  DIAMONDS  BVBA

31/12/2014

 

421168852

L.  STRASSMAN  BVBA

31/12/2014

 

474266454

SPECTRUM  GEM  BVBA

31/12/2010

 

404107740

ANTWERP  DIAMOND  CUTTING  NV

31/12/2012

 

444751136

DI  -  STAR  ANTWERP  BVBA

31/12/2001

 

872909136

MANNAT  ENTERPRISE  BVBA

31/12/2010

 

808850633

D.A.H.  DIAMONDS  BVBA

31/12/2014

 

412911776

BENGEM  BVBA

31/12/1999

 

414107351

DIAMEXPERTISE  NV

31/12/2014

 

458760609

FRISCH  DIAMOND  CORPORATION  NV

31/12/2014

 

894322974

P.B.K.  INTERNATIONAL  BVBA

31/12/2014

 

415636585

ROJASA  BELGIUM  NV

31/12/2000

 

404990737

D.  STRANDERS  EN  ZOON  BVBA

31/12/2011

 

877584932

D.  OKON  BVBA

31/12/2014

 

427308754

JEWELSTAR  BVBA

31/12/2008

 

404935507

BONAS  COUZYN  (ANTWERP)  NV  NV

31/12/2014

 

837520764

SUNRAYS  BVBA

31/12/2014

 

859722282

R.  C.  M.  BVBA

31/12/2014

 

863211413

ADLER  R.  BVBA

31/12/2014

 

474754919

KOMERY  DIAMONDS  BVBA

31/12/2014

 

460993290

MAISENBACHER  DIAMONDS  EBVBA

31/12/2014

 

461878465

A.S.  INTERNATIONAL  EBVBA

31/12/2014

 

406549863

VAN  LAAR  BVBA

-

 

404963716

INDIAMEX  NV

31/12/1999

 

424201883

DIRGEM  BVBA

31/12/2014

 

525731486

DIAMPREST  ANTWERP  BVBA

31/12/2014

 

441864593

SEBER  CREATIONS  BVBA

31/12/2014

 

560905171

DIAAWORLD  BVBA

-

 

810189134

DORIS  DIAMOND  INTERNATIONAL

-

 

477063123

CENJAL  HOLDING  BELGIUM  NV

31/12/2014

 

540769555

FLAWLESS  BELGIUM  BVBA

31/12/2014

 

883900424

BELGIAN  JEWELLERY  MANUFACTURING  BVBA

31/12/2012

 

404927191

AMBEL  CIE  DIAMANTAIRE  BVBA

31/12/2014

 

404932834

BAUMGOLD  OF  ANTWERP  BVBA

-

 

466507741

S  N  K  DIAMONDS  ((SNK  DIAMONDS))  BVBA

31/12/2005

 

438361806

ROJOCO  BVBA

31/12/2014

 

467706284

ELIA  &  CO  BVBA

31/12/2010

 

468314614

THIERRY  BAMPS  NV

31/12/2010

 

823229991

ISTANBOULLI  &  SONS  BVBA

31/12/2013

 

455544662

MEGENS  DIAMONDS  BVBA

31/12/2014

 

838065944

FOREVER  DIAMONDS  BVBA

31/12/2014

 

866050840

ANGOLEONE  BVBA

31/12/2013

 

404697460

VRIJE  DIAMANTHANDEL  NV

31/12/2014

 

866444877

UNITED  DIAMOND  TRADERS  BVBA

31/12/2014

 

420532612

ATLASS  DIAMOND  MANUFACTURING  COMPANY  NV

-

 

419840447

MAC  PRECIOUS  STONES  BVBA

31/12/2014

 

404992519

DIAMALT  BVBA

31/12/2014

 

444110441

M.S.  KINSBERGEN  BVBA

-

 

420077009

OSCAR  WASYNG  EN  MAURICE  SCHEINMAN  BVBA

-

 

463767886

DALIAN  DIAMONDS  NV

31/12/2013

 

891846209

RSD  BVBA

31/12/2014

 

446562462

IMMODOOR  NV

31/12/2009

 

416713285

DECODIA  BVBA

31/12/2013

 

441931703

T.P.  BELGIUM  NV

31/03/2008

 

451090283

ALTAI  DIAMONDS  NV

-

 

447257496

HARDWILL  DIAMONDS  BVBA

31/12/2014

 

422944447

GUMUCHDJIAN  DIAMOND  COMPANY  BVBA

-

 

444166562

MAZAL  BROKERS  BVBA

31/12/2012

 

860189961

ROUGH  COMPANY  BVBA

-

 

404954412

C.A.  FINN  DIAMOND  COMPANY  BVBA

-

 

560902401

BCW  TRADING  BELGIUM  BVBA

-

 

427073479

FRANK  VETS  EN  CO  DIAMOND  MANUFACTURERS  NV

31/12/2010

 

862436995

GENEVA  WATCH  TRADING  NV

31/12/2014

 

419706033

JAKOB  DIAMOND  MANUFACTURERS  BVBA

-

 

449313007

WEINBERG  BERNARD  BVBA

31/12/2014

 

600872636

FAIRDIAM  BVBA

-

 

862442440

TRAITEUR  PELIKAAN  BVBA

31/12/2007

 

431371866

I.B.  INTERNATIONAL  BVBA

-

 

424210494

DE  BELDER  EN  VAN  STRYDONCK  NV

-

 

441984062

BOGHOSSIAN  GERARD  EN  ROGER  BVBA

31/12/2014

 

867826138

MIRANEL  BVBA

31/12/2014

 

403672597

BENELUX  DIAMONDS

-

 

 

 

Linked  Companies         

 

Summary

 

Group  -  Number  of  Companies

0

Linkages  -  Number  of  Companies

0

Number  of  Countries

0

 

Summons

 

there  is  no  data  for  this  company

 

Protested  Bills

 

there  is  no  data  for  this  company

 

Bankruptcy  and  other  legal  events

 

there  is  no  data  for  this  company

 

 

Director  details

 

Current  director  details

 

Position

Managing  Director

Start  Date

01/10/2006

Street

12 VAN  EYCKLEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

Name

Apoorva  Doshi

Position

Director

Start  Date

01/10/2006

Street

12 VAN  EYCKLEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

Position

Permanent  representative  legal  entity

Start  Date

23/09/2005

Street

12 VAN  EYCKLEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

Name

Kalpit  Shah

Position

Director

Start  Date

01/01/2010

Street

75 BELGIËLEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

 

Name

Binitkumar  Van

Position

Director

Start  Date

01/07/2009

 

Name

Jamir  Shah

Position

Director

Start  Date

01/10/2007

Street

40 CHARLOTTALEI  ANTWERPEN

Post  code

2018

Country

Belgium

 

 

Name

SHREYAS  DOSHI

Position

Permanent  representative  legal  entity

Start  Date

01/10/2006

Street

37 NEELAMBER  16TH  FLOOR

Post  code

400026

Country

India

 

 

Name

VISHAL  DOSHI

Position

Permanent  representative  legal  entity

Start  Date

23/09/2005

 

Former  director  details

 

Name

Shailesh  Mehta

Position

Managing  Director

Start  Date

23/09/2005

End  Date

01/10/2006

Date  of  birth

09/12/1949

Street

65 GROENENBORGERLAAN  ANTWERPEN

Post  code

2610

Country

Belgium

 

Position

Director

Start  Date

23/09/2005

End  Date

01/10/2006

Date  of  birth

09/12/1949

Street

65 GROENENBORGERLAAN  ANTWERPEN

Post  code

2610

Country

Belgium

 

 

Name

SHRENUJ  DMCC  BO

Position

Director

Start  Date

23/09/2005

End  Date

01/10/2006

 

Former  mandates  in  other  companies

 

Name

AVNINA  GEMS  BVBA

Business  number

479202566

Position

Permanent  representative  legal  entity

Start  Date

01/04/2008

End  Date

30/09/2010

 

 

Business  number

479202566

Position

Manager

Start  Date

01/04/2008

End  Date

30/09/2010

 

 

 

 

 


DIAMOND INDUSTRY – INDIA

 

-            From time immemorial, India is well known in the world as the birthplace for diamonds.  It is difficult to trace the origin of diamonds but history says that in the remote past, diamonds were mined only in India. Diamond production in India can be traced back to almost 8th Century B.C.  India, in fact, remained undisputed leader till 18th Century when Brazilian fields were discovered in 1725 followed by emergence of S. Africa, Russia and Australia.

-            The achievement of the Indian diamond industry was possible only due to combination of the manufacturing skills of the Indian workforce and the untiring and unflagging efforts of the Indian diamantaires, supported by progressive Government policies.

-            The area of study of family owned diamond businesses derives its importance from the huge conglomerate of family run organizations which operate in the diamond industry since many generations.

-            Some of the basic traits of family run business enterprises include spirit of entrepreneurship, mutual trust lowers transaction costs, small, nimble and quick to react, information as a source of advantage and philanthropy.

-            Family owned diamond businesses need to improve on many fronts including higher standard of corporate governance, long-term performance – focused strategies, modern management and technology.

-            Utmost caution is to be exercised while dealing with some medium and large diamond traders which are usually engaged in fictitious import – export, inter-company transactions, financially assisted by banks. In the process, several public sector banks lost several hundred million rupees. They mostly diverted borrowed money for diamond business into real estate and capital markets.

-            Excerpts from Times of India dated 30th October 2010 is as under –

 

-            Gem & Jewellery Export Promotion Council in its statistical data has shown the export of polished diamonds to have increase by 28 % in February 2013. Compared to $ 1.4 bn worth of polished diamond export in February, 2012, India exported $ 1.84 billion worth of polished diamonds in February 2013. A senior executive of GJEPC said, “Export of cut and polished diamonds started falling month-wise after the imposition of 2 % of import duty on the polished diamonds. But February, 2013 has given a new ray of hope to the industry as the export of polished diamonds has actually increased by 28 %. It means the industry  is on the track of recovery and round tripping of diamonds has stopped completely.” Demand has started coming from the US, the UK, Japan and China. India’s polished diamond export is expected to cross $ 21 bn in 2013-14.

 

-            The banking sector has started exercising restraint while following prudent risk management norms when lending money to gems and jewellery sector. This follows the implementation of Basel III accord – a global voluntary regulatory standard on bank capital adequacy, stress testing and market liquidity.

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.67.04

UK Pound

1

Rs.101.67

Euro

1

Rs.73.93

EUR

1

Rs.72.95

Note : Above are approximate rates obtained from sources believed to be correct

 

INFORMATION DETAILS

 

Analysis Done by :

KIN

 

 

Report Prepared by :

SDA

 


 

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.