MIRA INFORM REPORT

 

 

Report No. :

302866

Report Date :

14.01.2015

 

IDENTIFICATION DETAILS

 

Name :

MANUCHAR NV

 

 

Registered Office :

Rietschoorvelden 20, 2170 Antwerp

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

25.02.1970

 

 

Com. Reg. No.:

407045751

 

 

Legal Form :

Public Limited Liability Company

 

 

Line of Business :

Agents Involved in the sale of Fuels, Ores, Metals and Industrial Chemicals

 

 

No. of Employees :

142

 

 

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 :

Satisfactory

 

 

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 – September 30, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

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 volatility in world markets. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the unemployment rate increased to 8.8% from 7.6% the previous year, and the government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%. Despite the relative improvement in Belgium's budget deficit, public debt hovers around 100% of GDP, a factor that has contributed to investor perceptions that the country is increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks were severely affected by the international financial crisis in 2008 with three major banks receiving capital injections from the government, and the nationalization of the Belgian retail arm of a Franco-Belgian bank.

 

Source : CIA

 

 

Company Summary

 

Business number                     407045751

Branche Unit Number               2028009385

Company name                        MANUCHAR NV

Address                                   RIETSCHOORVELDEN 20

2170 ANTWERP

Number of staff                        142

Date of establishment               25/02/1970

Telephone number                   036409302

Fax number                              036409330

 

 

Ultimate Holding Company

 

Company name                        Company Number

Manuchar NV                            407045751

 

 

Commentary

 

The business was established over 44 years ago.

The business has 100 employees.

The business is part of a group.

This business has a foreign parent business.

The business has been at the address for over 24 years.

Operating Result in the latest trading period increased 80% on the previous trading period.

Net Worth increased by 51% during the latest trading period.

Pre-tax profits increased by 526% compared to the previous trading period.

The business saw a decrease in their Cash Balance of 82% during the latest trading period.

 

 

Accounts

 

 

DATE OF LATEST ACCOUNTS

TURNOVER

PROFIT BEFORE TAX            

NET WORTH

WORKING CAPITAL

31/12/2013

292,781,055

14,077,751

37,785,189

1,458,093

31/12/2012

299,246,223

2,246,834

24,930,908

-1,746,126

31/12/2011

259,191,638

6,306,344

22,736,096

12,043,928

 

 

DATE OF LATEST ACCOUNTS                     

BALANCE TOTAL

NUMBER OF EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

246,198,280

142

1,001,490

14,306,332

31/12/2012

237,973,090

129

1,001,490

2,766,760

31/12/2011

240,377,103

121

1,001,490

5,559,518

 

 

Payment expectations

 

Past payments

Payment expectation days

47.55

 

Industry average payment expectation days             85.40      

Industry average day sales

outstanding

88.61

 

Day sales outstanding   202.81

 

 

Court data Summary

 

Court data summary

BANKRUPTCY DETAILS

Court action type                      No

PROTESTED BILLS

Bill amount                              -

NSSO DETAILS

Date of summons                     -

 

 

Company information

 

Business number                     407045751

Company name                        MANUCHAR NV

Fax number                              036409330

Date founded                            25/02/1970

Company status                       Active

Company type                          Public Limited Liability Company (BE)

Currency                                  Euro (€)

Date of latest accounts             31/12/2013

Activity code                            46120

Liable for VAT                          Yes

Activity description                  Agents involved in the sale of fuels, ores, metals and industrial chemicals

VAT Number                            BE.0407.045.751 Check VAT number

Belgian Bullettin of Acts

Publications                             Moniteur Belge

 

 

JOINT INDUSTRIAL COMMITTEE (JIC)

 

Significant Events

Event Date                                19/05/2014

Event Description                     Re-appointment of director(s)

Event Details                            Commentaar 19-05-2014: Herbenoemd als bestuurder voor een periode van 3  jaar : CVBA Manuxim.

 

 

Company Accounts

 

Annual accounts

31-12-2013

%

31-12-2012

%

31-12-2011

%

31-12-2010

%

31-12-2009

Weeks

52

 

52

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

 

 

 

 

 

 

 

 

 

 

Total fixed assets

43,388,878

46.91

29,534,490

24.63

23,697,502

110

11,243,205

6.85

10,522,163

 

Intangible fixed assets

6,401

-96.95

209,686

91.35

109,581

27.63

85,858

39.57

61,517

 

 

 

 

 

 

 

 

 

 

Tangible fixed assets

1,041,881

-38.49

1,693,940

128

740,198

0.66

735,376

-9.78

815,127

Land & building

672,752

-13.22

775,203

106

376,153

-10.03

418,101

-15.62

495,492

Plant & machinery              -                -         -                -         -                -         -                - -

Furniture & Vehicles

369,129

-59.82

918,737

152

364,045

14.74

317,276

-0.74

319,634

Leasing & Other Similar Rights

-

-

-

-

-

-

-

-

-

Other tangible assets

0

-

0

-

0

-

0

-

0

 

Financial fixed assets

42,340,596

53.24

27,630,864

20.93

22,847,723

119

10,421,970

8.05

9,645,519

 

 

 

 

 

 

 

 

 

 

Total current assets

202,809,402

-2.70

208,438,600

-3.80

216,679,600

40.76

153,937,767

67.02

92,165,191

Inventories

6,678,471

36.04

4,909,206

192

1,677,578

895

168,488

-13.63

195,066

Raw materials & consumables

5,836,995

33.95

4,357,526

201

1,446,444

-

-

-

-

Work in progress

0

-

0

-

0

-

0

-

0

Finished goods

841,476

52.53

551,680

138

231,134

37.18

168,488

-13.63

195,066

Other stocks

0

-

0

-

0

-

0

-

0

 

Trade debtors

162,685,611

3.08

157,825,688

-4.39

165,065,451

25.75

131,269,326

61.82

81,120,757

Other amounts receivable

31,363,341

-19.15

38,793,990

6.91

36,287,438

195

12,270,788

50.04

8,178,361

 

 

 

 

 

 

 

 

 

 

Cash

398,137

-82.24

2,241,873

-69.15

7,267,456

438

1,350,779

-39.73

2,241,137

Miscellaneous current assets

1,683,843

92.84

873,187

25.01

698,516

-53.10

1,489,355

246

429,870

 

 

 

 

 

 

 

 

 

 

Total assets

246,198,280

3.46

237,973,090

-1.00

240,377,103

45.52

165,180,972

60.86

102,687,354

 

Liabilities

Total shareholders equity

37,791,589

50.32

25,140,594

10.05 22,845,677

15.94

19,705,506

25.56

15,694,148

 

 

 

 

 

 

 

 

 

Issued share capital

1,001,490

0

1,001,490

0 1,001,490

0

1,001,490

0

1,001,490

Share premium account       

-

-

-

-

-

-

-

-

 

 

 

 

 

 

 

 

 

Revaluation reserve

108,070

0

108,070

0 108,070

0

108,070

0

108,070

 

Reserves

36,682,029

52.64

24,031,034

10.56 21,736,117

16.89

18,595,945

27.50

14,584,587

Provisions for Liabilities & Charges

0

-

0

-0

-

0

-

0

Deffered taxes

-

-

-

-            -

-

-

-

 

Creditors

208,406,691

-2.08

212,832,496

-2.16 217,531,425

49.53

145,475,467

67.23

86,993,206

 

 

 

 

 

 

 

 

 

Other long term loans

6,814,750

187

2,370,118

-81.62 12,895,753

48.12

8,706,578

49.83

5,810,878

Long term group loans         

-

-

-

-

-

-

-

-

Other long term liabilities

240,631

-13.33

277,652

- 0

-

0

-

0

Total long term debts

7,055,382

166

2,647,769

-79.47 12,895,753

48.12

8,706,578

49.83

5,810,878

 

 

 

 

 

 

 

 

 

Current portion of long term debt

1,121,358

-89.85

11,049,527

957 1,045,073

2.75

1,017,151

55.10

655,791

Financial debts

150,498,362

-1.78

153,225,108

-4.15 159,864,692

44.94

110,296,622

87.41

58,853,668

Trade creditors

37,365,960

5.30

35,485,994

12.19 31,629,621

60.40

19,718,703

24.59

15,827,188

Amounts Payable for Taxes, Remuneration & Social Security

2,135,373

42.12

1,502,519

-13.55 1,738,065

33.97

1,297,319

-24.82

1,725,590

 

 

 

 

 

 

 

 

 

Miscellaneous current liabilities

10,230,256

14.67

8,921,578

-13.87 10,358,221

133

4,439,094

7.74

4,120,093

Total current liabilities

201,351,309

-4.20

210,184,727

2.71 204,635,672

49.62

136,768,888

68.47

81,182,329

 

Total Liabilities

246,198,280

3.46

237,973,090

-1.00 240,377,103

45.52

165,180,972

60.86

102,687,354

ratio analysis

 

 

 

 

 

 

 

 

TRADING PERFORMANCE

Profit Before Tax

4.81

541

0.75

-69.14 2.43

-23.10

3.16

-30.09

4.52

 

Return on capital employed

31.39

288

8.09

-54.14 17.64

-23.07

22.93

-18.28

28.06

 

Return on total assets employed 5.72

508

0.94

-64.12 2.62

-33.50

3.94

-32.99

5.88

 

Return on net assets employed 37.25

316

8.94

-67.61 27.60

-16.54

33.07

-13.99

38.45

 

Sales / net working capital

200.80

117

-171.38

-896 21.52

79.03

12.02

-1.07

12.15

 

Stock turnover ratio

2.28

39.02 1.64

152 0.65

712

0.08

-46.67

0.15

 

Creditor days

47.55

8.66

43.76

-2.78 45.01

27.11

35.41

-21.40

45.05

Debtor days

202.81

5.36

192.50

-17.19 232.45

0.13

232.15

4.60

221.95

 

Short Term Stability

 

 

 

 

 

 

 

 

 

Current ratio

1.01

2.02

0.99

-6.60

1.06

-6.19

1.13

-0.88

1.14

Liquidity ratio / acid ratio

0.97

0

0.97

-7.62

1.05

-6.25

1.12

-0.88

1.13

Current debt ratio

5.33

-36.24 8.36

-6.70

8.96

29.11

6.94

34.24

5.17

Liquidity ratio reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

14,306,332 417

2,766,760

-50.23 5,559,518

-20.18

6,965,224

13.68

6,126,936

Net worth

37,785,189 24,930,908

22,736,096

15.88

19,619,647

25.50

15,632,631

Gearing

419.23

-36.75 662.85

-12.87 760.78

24.91

609.07

46.34

416.21

Equity in percentage

15.35

45.22 10.57

11.15

9.51

-20.35

11.94

-21.91

15.29

Total debt ratio

5.51

-34.95 8.47

-11.03 9.52

29.00

7.38

33.21

5.54

Working capital

1,458,093    83.50 -1,746,126

I -114

12,043,928

-29.85

17,168,879

56.32

10,982,862

PROFIT AND LOSS

Operating Income

300,284,689

-1.19

303,897,991

15.48

263,161,422

25.41

209,847,749

53.19

136,980,891

Turnover

292,781,055

-2.16

299,246,223

15.45

259,191,638

25.59

206,387,407

54.71

133,402,713

Total operating expenses

286,839,692

-3.08

295,955,417

15.39

256,489,553

26.20

203,239,589

58.48

128,244,400

Gross Operating Margin      

-

-

-

-

-

-

-

-

-

Operating Charges

294,343,327

-2.08

300,607,185

15.41

260,459,336

26.01

206,699,931

56.80

131,822,578

Employee costs

10,044,771

14.52

8,771,227

12.91

7,768,027

13.27

6,857,866

12.11

6,116,955

Wages and salary

7,030,367

7.74

6,525,428

15.18

5,665,265

13.21

5,004,179

12.28

4,457,040

Employee pension costs

-

-

-

-

-

-

-

-

-

Social security contributions

2,052,617

30.46

1,573,400

10.05

1,429,661

12.45

1,271,364

12.03

1,134,827

Other employee costs

961,787

43.04

672,398

-0.10

673,101

15.59

582,323

10.90

525,089

Director remuneration          -                -         -                -         -                -         -                - -

Amortization and depreciation

292,589

-37.99

471,843

71.51

275,114

-11.91

312,326

0.72

310,101

Operating result

5,941,362

80.54

3,290,807

21.79

2,702,086

-14.16

3,147,818

-38.98

5,158,313

Total financial income

23,062,177

225

7,080,177

-31.04

10,267,054

16.97

8,777,797

35.64

6,471,517

Total financial expenses

14,925,788

83.72

8,124,149

21.93

6,662,796

23.16

5,409,910

-3.33

5,596,063

Results on ordinary operations before taxation

14,077,751

526

2,246,834

-64.37

6,306,344

-3.21

6,515,706

7.99

6,033,768

Extraordinary Income

27,658

180

9,869

40.09

7,045

-92.43

93,076

178

33,438

Extraordinary Charges

66,154

744

7,836

-98.58

552,945

-

-

-

---------------

Extraordinary items

-38,495

-1993

2,033

0.37

-545,901

-686

93,076

178

33,438

Results for the Year Before taxation

14,039,256

524

2,248,868

-60.96

5,760,443

-12.84

6,608,781

8.93

6,067,206

Other Appropriations

-

-

-

-

-

-

-

-

-

Taxation

25,513

55.40

-46,049

-109

476,039

1079

-44,117

-117

250,371

Results on ordinary

14,052,239

512

2,292,884

-60.67

5,830,305

-11.12

6,559,822

13.43

5,783,396

operations after taxation

 

 

 

 

 

 

 

 

 

Net result

14,013,743

510

2,294,917

-56.57

5,284,404

-20.57

6,652,898

14.37

5,816,835

Profit (Loss) for the Year to be appropriated

14,013,743

510

2,294,917

-58.77

5,566,404

-23.05

7,233,398

13.25

6,386,835

Dividends

1,207,748

-

-

-

1,989,232

-20.0

2,486,540

-17.12

3,000,000

 

 

Social Balance sheet details

 

Social Balance Sheet

Total

 

 

During the reporting year ended 31-12-2013

Full-time Employees

130

 

 

Part-time Employees

12

 

 

Total Fte Employees

139

 

 

 

Number of hours worked

Full-time Employees

214,179

 

 

Part-time Employees

13,516

 

 

Total

227,695

 

 

 

Personnel Charges

Full-time Employees

9,501,404

 

 

Part-time Employees

543,368

 

 

Total

10,044,771

 

 

Benefits In Addition To Wages                               --

 

During the previous reporting year

Average number employees in Fte

128

 

 

Actual working hours

213,396

 

 

Personnel Charges

8,771,227

 

 

Benefits In Addition To Wages                              --

 

 

 

 

 

Type of Contract

Full-Time

Part-Time

Total Fte

Unlimited Duration Contracts

132

12

141

Limited Duration Contracts

1

-

1

Contracts For Specific Work  

-

-

-

Contracts Regarding  Substitution

-

-

-

 

 

 

 

 

 

Gender and Education

Level

Men

Full-Time

Part-Time

Total Fte

 

Primary education              -                                          -                                           -

Secondairy education

9

-

9

 

Higher education (non university)

35

1

36

 

Higher education (university)

38

-

38

 

Women

Full-Time

Part-Time

Total Fte

 

Primary education              -                                         -                                         -

Secondairy education

6

3

8

 

Higher education (non university)

22

5

26

 

Higher education (university)

23

3

25

 

 

 

 

 

 

 

Working Category

Full-Time

Part-Time

Total Fte

 

Management 

-

-

-

 

White collar worker

133

12

142

 

Blue collar worker             

-

-

-

 

Other 

-

-

-

 

 

 

 

 

 

 

Temporary personnel

 

Total

 

 

Average number of temporary staff

0

 

 

Actual working hours

 

213

 

 

Cost of temporary staff

 

7

 

 

 

 

 

 

 

 

New staff and leavers

Full-Time

Part-Time

Total Fte

 

New Starters

36

-

36

 

Leavers

23

-

23

 

 

 

 

 

 

 

 

 

Total of formal continuing vocational training initiatives for workers paid by the employer 

Male

Female

Number of Employees

34

31

Number of training hours

798

1,428

Net costs for enterprise

45,683

21,284

Total of less formal and informal continuing vocational training initiatives for workers paid by the employer

Male

Female

Number of employees

24

21

Number of training hours

1,551

1,208

Net costs for enterprise

43,652

27,716

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

 

Industry comparison

Activity code                            46120

Activity description                  Agents involved in the sale of fuels, ores, metals and industrial chemicals

industry average credit

rating                                       66.67

Industry average credit limit     49733.77

 

 

Payment Information

 

Payment Information Summary

Total number of Invoices available 11

Total number of Invoices paid within or up to 30 days after the due date 9

Total number of Invoices paid more than 30 days after the due date 1

Total number of Invoices currently outstanding where the due date has not yet been reached 1

Total number of Invoices currently outstanding beyond the due date 0

 

Suspension of payments / moratorium history

Amount                                     -          

Details                                      -

 

Payment expectations

Payment expectation days        47.55

Day sales outstanding 202.81

 

Industry comparison

Activity code                            46120

Activity description                  Agents involved in the sale of fuels, ores, metals and industrial chemicals

Industry average payment

expectation days                      85.40

Industry average day sales

Outstanding                             88.61

 

 

Industry quartile analysis

Payment expectations

Company result                        47.55

Lower                                       101.75

Median                                     55.37

Upper                                       24.36

 

Day sales outstanding

Company result                        202.81

Lower                                       66.58

Median                                     31.99

Upper                                       12.29

 

 

Shareholder Details

 

Summary

Group - Number of Companies             37

Linkages - Number of Companies        91

Number of Countries                            8

 

Group Structure

 

Company name

 

Number

 

Latest

financials

 

- MANUCHAR NV

 

407045751

 

31-12-2013

 

- - BAUBUR NV

 

404874436

 

31-12-2013

 

- - EXPAN CHEMICALS NV

 

827561141

 

31-12-2013

 

- - - EXPAN HONG KONG SOC.ETR. E.P.B.

 

 

 

 

 

- - LDI INTERNATIONAL NV

 

472156309

 

31-12-2013

 

- - MANUCHAR STEEL NV

 

865797353

 

31-12-2013

 

- - - MANUCHAR STEEL HONG KONG LTD SOC.ETR. E

- - PARTS TRADING COMPANY NV

 

423722526

 

31-12-2013

 

- - UNIT ONE NV

 

449634887

 

31-12-2013

 

- - FEDELE ANDRE BOIS SOC.ETR. E.P.B.

 

 

 

 

 

- - MANUCHAR ALGERIE SOC.ETR. E.P.B.

 

 

 

 

 

- - MANUCHAR ARGENTINA SOCIEDAD ANONIMA SOC....

 

 

 

 

 

- - MANUCHAR AUSTRALIA SOC.ETR. E.P.B.

- - MANUCHAR CHILI SOC.ETR. E.P.B.

 

 

 

 

 

- - MANUCHAR COMERCIO EXTERIOR LTDA SOC.ETR....

 

 

 

 

 

- - MANUCHAR COTE D'IVOIRE SOC.ETR. E.P.B.

 

 

 

 

 

- - MANUCHAR DOMINICANA SOC.ETR. E.P.B.

- - MANUCHAR EL SALVADOR SOC.ETR. E.P.B.

 

 

 

 

 

-  - MANUCHAR GHANA SOC.ETR. E.P.B.

-  - MANUCHAR GUATEMALA SOC.ETR. E.P.B.

-  - MANUCHAR HONDURAS SA DE CV SOC.ETR. E.P....

 

 

 

 

 

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

 

 

 

 

 

- - MANUCHARINC

 

 

 

 

 

- - MANUCHAR INDIA SOC.ETR. E.P.B.

 

 

 

 

 

- - MANUCHAR INDONESIA SOC.ETR. E.P.B.

- - MANUCHAR INTERNATIONAL SA DE SOC.ETR. E....

- - MANUCHAR KAZAKHSTAN SOC.ETR. E.P.B.

- - MANUCHAR KENYA SOC.ETR. E.P.B.

- - MANUCHAR MIDDLE EAST FZE SOC.ETR. E.P.B.

- - MANUCHAR PHILIPPINES INC SOC.ETR. E.P.B.

- - MANUCHAR THAILAND LTD SOC.ETR. E.P.B.

- - MANUCHAR TRADING HOUSE SOC.ETR. E.P.B.

- - MANUCHAR TRINIDAD SOC.ETR. E.P.B.

- - MANUCHAR UKRAINE LTD SOC.ETR. E.P.B.

- - MANUCHAR VENEZUELA SOC.ETR. E.P.B.

- - MANUCHAR ZUID-AFRIKA SOC.ETR. E.P.B.

- - ROSSIYA BELGIUM MANUCHAR CHEMICALS SOC.E...

 

 

 

 

 

 

 

Minority Shareholders

No minority shareholders found

 

Minority Interests

 

Business number

Company Name

%

Date of Accounts

-

MANUCHAR COLOMBIA CIA LTDA SOC. ETR. E.P.B.

50

-

-

QUIMICA ALIDAS SRL SOC. ETR. E.P.B.

50

-

-

QUIMICA INDUSTRIAL MONTALVO SOC. ETR. E.P.B.

50

-

-

PT JASA IRON MINING SOC. ETR. E.P. B.

50

-

-

MANUCHAR PERU (CUSA) SOC. ETR. E.P. B.

50

-

-

SOMIN MINERA SOC. ETR. E.P. B.

50

-

-

DISACHIM SA SOC. ETR. E.P. B.

25

-

 

 

Companies that match this address

 

Business number

Company Name

Date of Accounts

441773038

MINERA NV

31/12/2013

445657986

BOUWSTOFFEN VLAANDEREN NV

31/12/2013

 

 

Linked companies

 

Summary

Group - Number of Companies             37

Linkages - Number of Companies        91

Number of Countries                            8

 

 

Linked Companies

 

Name

Number

Latest Financials

Turnover

CFE NEDERLAND B.V.

24277837

31.12.2012

€35.754.472

EGEMIN GMBH

HRB 14739 HB

31.12.2012

-

EGEMIN CONSULTING B.V.

53704746

31.12.2013

-

EGEMIN UK LIMITED

02711512

31.12.2013

£2.016.801

EGEMIN HANDLING AUTOMATION B.V.

30278131

31.12.2013

-

COMPAGNIE D'ENTREPRISES CFE NV

400464795

31.12.2013

€293.571.430

VANDERHOYDONCKS NV

400480237

31.12.2013

€14.168.004

ENTREPRISES THIRAN SA

402577516

-

-

SPANBO NV

402755381

31.12.2013

€9.369.039

TERRYN TIMBER PRODUCTS NV

402758252

31.12.2013

€8.712.323

NATIONALE INVESTERINGSMAATSCHAPPIJ IN VEREFFENING NV

403232661

31.12.2010

 

BANK J. VAN BREDA EN CO NV

404055577

31.12.2013

-

ACKERMANS & VAN HAAREN NV

404616494

31.12.2013

€4.343.779

ALGEMEEN BOUW? EN BETONBEDRIJF NV

404624711

31.12.2013

-

ALGEMENE AANNEMINGEN VAN LAERE NV

405073285

31.12.2013

€89.472.404

RFD NV

405767232

31.12.2013

-

EXTENSA LAND II BVBA

406211155

31.12.2013

-

V.M.A. NV

406419112

31.12.2013

€44.236.936

CONSTRUCTION MANAGEMENT NV

407131071

31.12.2013

-

EGEMIN CONSULTING NV

411592279

31.12.2013

€6.039.427

 

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

Name                                       COPEM NV

Position                                   Director

Start Date                                 03/07/2014

Date of birth                             01/01/1975

Street                                       20 RIETSCHOORVELDEN ANTWERPEN

Post code                                 2170

Country                                    Belgium

 

Position

Legal Representative

Start Date

04/07/2006

Date of birth

01/01/1975

Street

20 RIETSCHOORVELDEN ANTWERPEN

Post code

2170

Country

Belgium

 

 

Name

MATTHIAS DE RAEYMAEKER BVBA

Position

Legal Representative

Start Date

03/02/2010

Date of birth

27/01/2010

Street

503 TERVUURSESTEENWEG ZEMST

Post code

1982

Country

Belgium

 

 

Name

MANUXIM CVBA CVBA

Position

Director

Start Date

02/07/2014

Date of birth

07/05/1997

Street

20 RIETSCHOORVELDEN ANTWERPEN

Post code

2170

Country

Belgium

 

 

Name

PHILIPPE LOUIS MARIE-CLAIRE HUYBRECHS

Position

Managing Director

Start Date

14/05/1999

Date of birth

30/09/1959

Street

--

Post code

--

Country

Brazil

 

 

Position

Director

Start Date

14/05/1999

Date of birth

30/09/1959

Street

--

Post code

--

Country

Brazil

 

 

Name

PATRICK MAAS

Position

Legal Representative

Start Date

04/07/2006

Street

--

Post code

--

Country

--

 

Former director details

Name

MATTHIAS DE RAEYMAEKER BVBA

Position

Director

Start Date

03/02/2010

End Date

21/03/2013

Date of birth

27/01/2010

Street

503 TERVUURSESTEENWEG ZEMST

Post code

1982

Country

Belgium

 

Name

LUC JACQUES LEON BERTRAND

Position

Director

Start Date

19/06/2007

End Date

21/03/2013

Date of birth

14/02/1951

Street

113 BEGIJNENVEST ANTWERPEN

Post code

2000

Country

Belgium

 

 

Name

A. MAAS & CO NV

Position

Legal Representative

Start Date

04/07/2006

End Date

Unknown date

Date of birth

01/07/1937

Street

20 RIETSCHOORVELDEN ANTWERPEN

Post code

2170

Country

Belgium

 

 

Name

RSM INTERAUDIT SOC.CIV. SCRL

Position

Commissioner

Start Date

20/04/2011

End Date

31/12/2011

Date of birth

30/12/1988

Street

1151 WATERLOOSESTEENWEG BRUSSEL

Post code

1180

Country

Belgium

 

 

Name

MATTHIAS DE RAEYMAKER

Position

Director

Start Date

19/06/2007

End Date

03/02/2010

Street

304 BREDABAAN WUUSTWEZEL

Post code

2990

Country

Belgium


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.10

UK Pound

1

Rs.94.10

Euro

1

Rs.73.42

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

NIT

 

               

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.