|
Report No. : |
330406 |
|
Report Date : |
08.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
DESMET BALLESTRA GROUP NV |
|
|
|
|
Registered Office : |
Belgicastraat 3, 1930 Zaventem |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
25.07.1946 |
|
|
|
|
Com. Reg. No.: |
403642140 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Engineers and related technical advisors, excl. surveyors. |
|
|
|
|
No. of Employees : |
67 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ca |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
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 |
|
Status : |
Moderate |
|
Payment Behaviour : |
Slow |
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has
capitalized on its central geographic location, highly developed transport
network, and diversified industrial and commercial base. Industry is
concentrated mainly in the more heavily-populated region of Flanders in the
north. With few natural resources, Belgium imports substantial quantities of
raw materials and exports a large volume of manufactures, making its economy
vulnerable to shifts in foreign demand, particularly in Belgium’s EU trade
partners. Roughly three-quarters of Belgium's trade is with other EU countries.
In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and
the the budget deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s
center-right government has pledged to further reduce the deficit in response
to EU pressure to reduce Belgium’s high public debt, which remains above 100%
of GDP, but such efforts could also dampen economic growth. In addition to
restrained public spending, low wage growth and high unemployment promise to
curtail a more robust recovery in private consumption. The government has
pledged to pursue an reform program to improve Belgium’s competitiveness,
including changes to tax policy, labor market rules, and welfare benefits.
These changes risk worsening tensions with trade unions and triggering extended
strikes.
|
Source
: CIA |
Business number 403642140
Branche Unit Number 2117639761
Company name DESMET
BALLESTRA GROUP NV
Address BELGICASTRAAT 3, 1930
ZAVENTEM
Number of staff 67
Date of establishment 25/07/1946
Telephone number 027161111
Fax number 02716
11 08
The business was established over 68 years ago.
The business has 67 employees.
The business is part of a group.
This business has a foreign parent business.
The business has been at the address for over 2 years.
Net Worth decreased by 426% during the latest trading period.
The business saw an increase in their Cash Balance of 75% during the latest trading period.
Net Worth is a negative amount during the latest trading period.
Working Capital is a negative amount during the latest
trading period.
ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
84,557,803 |
-2,704,754 |
-38,658,980 |
-53,345,077 |
|
31/12/2012 |
106,996,914 |
-8,594,504 |
11,858,071 |
-36,683,398 |
|
31/12/2011 |
68,951,406 |
-5,682,821 |
25,288,360 |
-27,088,780 |
|
|
|
|
|
|
|
ACCOUNTS |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
206,691,560 |
67 |
66,156,000 |
-50,361,830 |
|
31/12/2012 |
254,779,075 |
66 |
66,156,000 |
-13,126,290 |
|
31/12/2011 |
267,770,882 |
91 |
66,156,000 |
-29,990,096 |
Payment
expectations
|
||||
|
Past payments |
|
Payment expectation days |
204.68 |
|
|
Industry average payment expectation days |
78.13 |
Industry
average day sales outstanding |
187.51 |
|
|
Day sales outstanding |
160.64 |
|
|
|
|
BANKRUPTCY DETAILS |
||||
|
Court action type |
no |
|
|
|
|
PROTESTED BILLS |
||||
|
Bill amount |
||||
|
NSSO DETAILS |
||||
|
Date of summons |
-- |
|
|
|
|
Business
number |
403642140 |
Company name |
DESMET
BALLESTRA GROUP NV |
|
Fax number |
02716
11 08 |
Date founded |
25/07/1946 |
|
Company
status |
active |
Company type |
Public
Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2013 |
|
Activity code |
71121 |
Liable
for VAT |
yes |
|
Activity
description |
Engineers and related technical advisors,
excl. surveyors |
VAT Number |
BE.0403.642.140
Check VAT Number |
|
Belgian Bullettin
of Acts Publications |
Moniteur belge |
|
|
JIC Code 209
Description Joint committee for
the employees off the metal industry
category
Event Date 10/07/2014
Event Description
Event Details Rechtzetting akte dd. 28/05/2014 : De gecoördineerde statuten, die samen met de uitgifte van het proces-verbaal opgesteld door Meester Sophie Maquet, geassocieerde Notaris te Brussel op 28 mei 2014 werden neergelegd, dienen vervangen te wor
Event Date 10/07/2014
Event Description
Event Details den door een nieuwe
gecoördineerde tekst der statuten.
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
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 |
153,921,381 |
-16.75 |
184,881,345 |
-2.62 |
189,857,064 |
-10.37 |
211,833,278 |
2.72 |
206,226,125 |
|
Intangible
fixed assets |
20,575 |
-82.78 |
119,485 |
-53.50 |
256,944 |
-27.73 |
355,523 |
182 |
126,064 |
|
Tangible
fixed assets |
468,016 |
-18.44 |
573,835 |
64.36 |
349,124 |
-33.84 |
527,667 |
-26.96 |
722,477 |
|
Land
& building |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Plant
& machinery |
37,831 |
-25.26 |
50,619 |
-19.90 |
63,195 |
-44.58 |
114,023 |
-30.35 |
163,719 |
|
Furniture
& Vehicles |
143,655 |
-19.45 |
178,334 |
59.76 |
111,628 |
-21.75 |
142,650 |
-23.89 |
187,421 |
|
Leasing
& Other Similar |
0 |
-40.0 |
0 |
-99 |
37,290 |
-50.15 |
74,801 |
-33.40 |
112,312 |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other
tangible assets |
286,530 |
-16.92 |
344,882 |
151 |
137,012 |
-30.16 |
196,192 |
-24.26 |
259,024 |
|
Financial
fixed assets |
153,432,790 |
-16.70 |
184,188,025 |
-2.68 |
189,250,996 |
-10.29 |
210,950,088 |
2.71 |
205,377,585 |
|
Total
current assets |
52,770,179 |
-24.50 |
69,897,730 |
-10.29 |
77,913,818 |
20.26 |
64,788,204 |
-21.85 |
82,903,977 |
|
Inventories |
5,643,241 |
-41.34 |
9,619,876 |
14.72 |
8,385,292 |
-2.85 |
8,631,098 |
6.85 |
8,077,468 |
|
Raw
materials & consumables |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Work in progress |
4,650,637 |
-50.13 |
9,326,318 |
15.99 |
8,040,774 |
-3.87 |
8,364,236 |
6.80 |
7,832,030 |
|
Finished goods |
992,604 |
238 |
293,557 |
-14.79 |
344,518 |
29.10 |
266,861 |
8.73 |
245,438 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
37,215,181 |
2.82 |
36,193,783 |
-17.95 |
44,110,817 |
75.44 |
25,143,115 |
-28.24 |
35,035,546 |
|
Other amounts receivable |
3,284,760 |
-83.72 |
20,178,078 |
-4.88 |
21,213,722 |
-1.03 |
21,433,561 |
6.96 |
20,038,691 |
|
Cash |
6,260,039 |
75.55 |
3,566,033 |
-5.51 |
3,773,940 |
-57.34 |
8,846,254 |
-32.85 |
13,173,055 |
|
Miscellaneous
current assets |
366,958 |
7.94 |
339,960 |
-20.95 |
430,047 |
-41.42 |
734,176 |
-88.84 |
6,579,217 |
|
Total Assets |
206,691,560 |
-18.87 |
254,779,075 |
-4.85 |
267,770,882 |
-3.20 |
276,621,482 |
-4.33 |
289,130,103 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
-38,638,405 |
-422 |
11,977,556 |
-53.11 |
25,545,304 |
-54.28 |
55,874,266 |
101 |
27,771,752 |
|
Issued share capital |
66,156,000 |
0 |
66,156,000 |
0 |
66,156,000 |
0 |
66,156,000 |
82.97 |
36,156,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
-104,794,405 |
-93.42 |
-54,178,444 |
-33.41 |
-40,610,696 |
-294 |
-10,281,734 |
-22.63 |
-8,384,248 |
|
Provisions for Liabilities & Charges |
364,833 |
46.37 |
249,257 |
-78.81 |
1,176,082 |
154 |
462,806 |
-19.70 |
576,344 |
|
Differed taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
244,965,133 |
0.99 |
242,552,262 |
0.62 |
241,049,496 |
9.43 |
220,284,410 |
-15.53 |
260,782,007 |
|
Other long term loans |
135,874,382 |
2.18 |
132,981,099 |
0 |
132,981,099 |
3.26 |
128,780,803 |
-20.83 |
162,667,760 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
2,975,495 |
-0.49 |
2,990,034 |
-2.47 |
3,065,799 |
- |
0 |
- |
0 |
|
Total long term debts |
139,214,709 |
2.20 |
136,220,391 |
-0.73 |
137,222,981 |
6.17 |
129,243,609 |
-20.83 |
163,244,104 |
|
Current portion of long term |
- |
- |
- |
- |
- |
- |
4,022,720 |
- |
- |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
15,101,478 |
-21.29 |
19,186,903 |
73.94 |
11,030,619 |
20.43 |
9,159,601 |
-24.74 |
12,171,294 |
|
Trade creditors |
47,495,727 |
3.63 |
45,830,522 |
-21.96 |
58,730,114 |
16.47 |
50,425,144 |
-18.72 |
62,042,349 |
|
Amounts Payable for Taxes,
Remuneration & Social Security |
1,125,991 |
4.52 |
1,077,347 |
23.77 |
870,462 |
-45.31 |
1,591,594 |
42.49 |
1,116,960 |
|
Miscellaneous current |
42,392,060 |
4.71 |
40,486,356 |
17.79 |
34,371,402 |
30.67 |
26,304,547 |
15.45 |
22,783,645 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
106,115,256 |
-0.44 |
106,581,129 |
1.50 |
105,002,598 |
14.75 |
91,503,607 |
-6.74 |
98,114,247 |
|
Total Liabilities |
206,691,560 |
-18.87 |
254,779,075 |
-4.85 |
267,770,882 |
-3.20 |
276,621,482 |
-4.33 |
289,130,103 |
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit
Before Tax |
-3.20 |
39.85 |
-8.03 |
97.45 |
-8.24 |
-201 |
-2.73 |
-130 |
8.88 |
|
Return
on capital employed |
-2.69 |
46.38 |
-5.80 |
-66.19 |
-3.49 |
-235 |
-1.04 |
-122 |
4.67 |
|
Return on total
assets employed |
-1.31 |
38.87 |
-3.378 |
-58.96 |
-2.12 |
-2.02 |
-0.70 |
-122 |
3.08 |
|
Return on net assets employed |
7.00 |
9.75 |
-71.76 |
-222 |
-22.25 |
-546 |
-3.44 |
-110 |
32.10 |
|
Sales / net working capital |
-1.59 |
54.45 |
-2.92 |
-14.51 |
-2.55 |
96.59 |
-2.64 |
40.0 |
-6.60 |
|
Stock turnover ratio |
6.67 |
-25.81 |
8.99 |
-26.07 |
12.16 |
-0.65 |
12.24 |
52.05 |
8.05 |
|
Creditor days |
204.68 |
48.29 |
138.03 |
-52.80 |
292.42 |
20.55 |
242.58 |
5.27 |
230.43 |
|
Debtor days |
160.64 |
30.10 |
123.47 |
-47.12 |
233.50 |
79.39 |
130.16 |
2.17 |
127.40 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.50 |
-24.24 |
0.66 |
-10.81 |
0.74 |
4.23 |
0.71 |
-15.48 |
0.84 |
|
Liquidity ratio / acid ratio |
0.44 |
-22.81 |
0.57 |
-13.64 |
0.66 |
8.20 |
0.61 |
-19.74 |
0.76 |
|
Current debt ratio |
-2.75 |
-130 |
8.90 |
116 |
4.11 |
150 |
1.64 |
-53.54 |
3.53 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
-50,361,830 |
-283 |
-13,126,290 |
43.77 |
-29,990,096 |
-1863 |
-1,527,151 |
47.05 |
-3,245,897 |
|
Net worth |
-38,658,980 |
-426 |
11,858,071 |
-53.11 |
25,288,360 |
-54.45 |
55,518,743 |
100 |
27,645,688 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
-390.74 |
-130 |
1,270.44 |
125 |
563.75 |
121 |
254.08 |
-59.64 |
629.56 |
|
Equity in percentage |
-18.70 |
-497 |
4.70 |
-50.79 |
9.55 |
-52.77 |
20.22 |
110 |
9.61 |
|
Total debt ratio |
-6.35 |
-131 |
20.27 |
113 |
9.48 |
140 |
3.95 |
-58.02 |
9.41 |
|
Working capital |
-53,345,077 |
-45.42 |
-36,683,398 |
-35.42 |
-27,088,780 |
-1.40 |
-26,715,403 |
-75.64 |
-15,210,269 |
PROFIT & LOSS
|
Operating Income |
88,331,702 |
-20.74 |
111,438,884 |
50.71 |
73,944,444 |
4.47 |
70,783,648 |
-29.82 |
100,854,666 |
|
Turnover |
84,557,803 |
-20.97 |
106,996,914 |
55.18 |
68,951,406 |
-2.21 |
70,506,328 |
-29.76 |
100,378,265 |
|
Total operating expenses |
84,696,126 |
-30.12 |
121,194,194 |
65.32 |
73,307,502 |
-3.38 |
75,873,796 |
-22.79 |
98,274,001 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
88,470,025 |
-29.58 |
125,636,164 |
60.45 |
78,300,540 |
2.82 |
76,151,117 |
-22.89 |
98,750,402 |
|
Employee costs |
6,170,819 |
-5.91 |
6,558,579 |
-25.87 |
8,847,504 |
-11.12 |
9,954,004 |
-0.47 |
10,001,047 |
|
Wages and salary |
4,242,611 |
-8.24 |
4,623,710 |
-23.96 |
6,080,828 |
-12.15 |
6,921,789 |
0.07 |
6,917,013 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
1,268,517 |
-2.37 |
1,299,259 |
-29.84 |
1,851,948 |
-6.34 |
1,977,345 |
-1.23 |
2,002,064 |
|
Other employee costs |
659,690 |
3.79 |
635,610 |
-30.51 |
914,728 |
-13.29 |
1,054,870 |
-2.50 |
1,081,970 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
254,131 |
-42.43 |
441,458 |
30.28 |
338,866 |
-8.50 |
370,336 |
38.52 |
267,360 |
|
Operating result |
-138,323 |
0.97 |
-14,197,279 |
-225 |
-4,356,095 |
81.16 |
-5,367,469 |
-355 |
2,104,264 |
|
Total financial income |
8,915,044 |
-48.63 |
17,354,789 |
90.67 |
9,101,862 |
-24.07 |
11,987,318 |
-40.59 |
20,177,620 |
|
Total financial expenses |
11,481,475 |
-2.30 |
11,752,013 |
12.69 |
10,428,588 |
22.06 |
8,543,677 |
-36.09 |
13,367,694 |
|
Results on ordinary operations before taxation |
-2,704,754 |
31.47 |
-8,594,504 |
-51.24 |
-5,682,821 |
-195 |
-1,923,827 |
-121 |
8,914,190 |
|
Extraordinary Income |
6,044,205 |
823529 |
734 |
-99 |
571,646 |
648 |
76,378 |
73.82 |
43,941 |
|
Extraordinary Charges |
53,951,842 |
984 |
4,973,700 |
-80.28 |
25,218,414 |
499490 |
5,048 |
-99 |
12,517,045 |
|
Extraordinary items |
-47,907,636 |
-863 |
-4,972,966 |
20.18 |
-24,646,768 |
-34653 |
71,330 |
0.57 |
-12,473,104 |
|
Results for the Year Before Taxation |
-50,612,390 |
-273 |
-13,567,470 |
44.73 |
-30,329,590 |
-1537 |
-1,852,497 |
52.05 |
-3,558,913 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
3,572 |
1184 |
278 |
44.29 |
-628 |
-101 |
44,990 |
98.54 |
-45,656 |
|
Results on ordinary operations after taxation |
-2,708,325 |
31.51 |
-8,594,782 |
-51.26 |
-5,682,194 |
-188 |
-1,968,817 |
-121 |
8,959,847 |
|
Net result |
-50,615,961 |
-273 |
-13,567,748 |
44.74 |
-30,328,962 |
-1498 |
-1,897,486 |
54.01 |
-3,513,257 |
|
Profit (Loss) for the Year to be
appropriated |
-50,615,961 |
-273 |
-13,567,748 |
44.74 |
-30,328,962 |
-1498 |
-1,897,486 |
54.01 |
-3,513,257 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2013 |
|
|
Full-time
Employees |
63 |
|
Part-time
Employees |
5 |
|
Total
Fte Employees |
67 |
|
Number
of hours worked |
|
|
Full-time
Employees |
112,180 |
|
Part-time
Employees |
6,708 |
|
Total |
118,888 |
|
Personnel
Charges |
|
|
Full-time
Employees |
5,804,889 |
|
Part-time
Employees |
365,930 |
|
Total |
6,170,819 |
|
Benefits
In Addition To Wages |
87,740 |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
66 |
|
Actual
working hours |
119,192 |
|
Personnel Charges |
6,558,579 |
|
Benefits
In Addition To Wages |
89,847 |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited
Duration |
62 |
4 |
65 |
|
Contracts |
|
|
|
|
Limited
Duration Contracts |
1 |
- |
1 |
|
Contracts
For Specific Work |
- |
- |
- |
|
Contracts
Regarding |
1 |
- |
1 |
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
2 |
- |
2 |
|
Secondairy
education |
4 |
1 |
5 |
|
Higher
education (non university) |
13 |
1 |
14 |
|
Higher education
(university) |
32 |
- |
32 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
1 |
1 |
|
Secondairy
education |
2 |
- |
2 |
|
Higher
education (non university) |
6 |
- |
6 |
|
Higher
education (university) |
5 |
1 |
6 |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
64 |
4 |
67 |
|
|
|
|
|
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
1 |
|
|
Actual
working hours |
|
1,323 |
|
|
Cost
of temporary staff |
|
74,788 |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New
Starters |
18 |
- |
18 |
|
Leavers |
16 |
1 |
17 |
Industry
comparison
|
|
|
Activity code |
71121 |
|
Activity description |
Engineers and related technical advisors, excl. surveyors |
Payment
expectations
|
|
|
Industry comparison |
|
|
Activity code |
71121 |
|
Activity description |
Engineers and related technical advisors, excl. surveyors |
|
Industry average payment expectation days |
78.13 |
|
Industry average day sales outstanding |
187.51 |
|
Industry quartile
analysis |
|
|
Payment
expectations |
|
|
Company result |
204.68 |
|
Lower |
136.69 |
|
Median |
79 |
|
Upper |
40.27 |
|
|
|
|
Day sales
outstanding |
|
|
Company result |
160.64 |
|
Lower |
74.97 |
|
Median |
37.10 |
|
Upper |
12.12 |
Minority
Interests
No minority interest found
Protested Bills
There is no data for this company
Summons
There is no data for this company
Bankruptcy and other legal events
There is no data for this company
CURRENT DIRECTOR
DETAILS
|
Name |
OLIVIER HANNE SPRL |
|
Position |
Member of the Board of Directors |
|
Start Date |
28/03/2012 |
|
Date
of birth |
20/04/2005 |
|
Street |
12 RIDDERSHOFSTEDELAAN BRUSSEL |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Name |
MARC KELLENS BVBA |
|
Position |
Member of the Board of Directors |
|
Start Date |
28/03/2012 |
|
Date of
birth |
26/04/2005 |
|
Street |
33 TER DONCKLAAN MECHELEN |
|
Post code |
2812 |
|
Country |
Belgium |
|
Name |
JÉRÔME DE BERTOULT |
|
Position |
Director |
|
Start Date |
14/11/2011 |
|
Street |
37 RUE HURST MAHIEU |
|
Post code |
75008 |
|
Country |
France |
|
|
|
|
Name |
ALBERTO MERONI |
|
Position |
Member of the Board of Directors |
|
Start Date |
02/06/2014 |
|
|
|
|
Name |
MATTHEW TURNER |
|
Position |
Director |
|
Start Date |
03/02/2015 |
|
|
|
|
Position |
Member of the Board of Directors |
|
Start Date |
02/06/2014 |
|
|
|
|
Name |
FINANCIERE DSBG |
|
Position |
Director |
|
Start Date |
06/02/2007 |
|
|
|
|
Name |
FINANCIERE DSBG |
|
Position |
Director |
|
Start Date |
06/02/2007 |
FORMER DIRECTOR
DETAILS
|
Name |
DIMITRI DE SURAY |
|
Position |
Managing Director |
|
Start Date |
23/05/2012 |
|
End Date |
13/01/2015 |
|
Street |
76 CHEMIN DES CARRIERS GELDENAKEN |
|
Post code |
1370 |
|
Country |
Belgium |
|
|
|
|
Name |
GENPHAS SPRL |
|
Position |
Member of the Board of Directors |
|
Start Date |
28/03/2012 |
|
End Date |
13/01/2015 |
|
Date of
birth |
20/11/2008 |
|
Street |
76 CHEMIN DES CARRIERS GELDENAKEN |
|
Post code |
1370 |
|
Country |
Belgium |
|
|
|
|
Name |
FRANK GIEGAS |
|
Position |
Director |
|
Start Date |
27/05/2010 |
|
End Date |
25/05/2011 |
|
Date of
birth |
27/04/1958 |
|
Street |
45 LAARBEEKLAAN ASSE |
|
Post code |
1731 |
|
Country |
Belgium |
|
|
|
|
Position |
Member of the Board of Directors |
|
Start Date |
07/07/2011 |
|
End Date |
25/05/2011 |
|
Date of
birth |
27/04/1958 |
|
Street |
45 LAARBEEKLAAN ASSE |
|
Post code |
1731 |
|
Country |
Belgium |
|
|
|
|
Name |
MARC HENRI CHRISTIAN D'UDEKEM D'ACOZ |
|
Position |
Managing Director |
|
Start Date |
27/05/2010 |
|
End Date |
25/05/2011 |
|
Date of
birth |
22/04/1961 |
|
Street |
1 CHEMIN DE WAVRE NIVELLES |
|
Post code |
1401 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
27/05/2010 |
|
End Date |
25/05/2011 |
|
Date of
birth |
22/04/1961 |
|
Street |
1 CHEMIN
DE WAVRE NIVELLES |
|
Post code |
1401 |
|
Country |
Belgium |
|
|
|
|
Name |
DS
GROUP SA |
|
Position |
Director |
|
Start Date |
04/02/2004 |
|
End Date |
Unknown
date |
|
Date of
birth |
30/06/1974 |
|
Street |
161 DRÈVE
RICHELLE WATERLOO |
|
Post code |
1410 |
|
Country |
Belgium |
|
|
|
|
Name |
DS
GROUP SA |
|
Position |
Director |
|
Start Date |
29/04/1999 |
|
End Date |
25/05/2000 |
|
Date of
birth |
09/12/1986 |
|
Street |
161 DRÈVE
RICHELLE WATERLOO |
|
Post code |
1410 |
|
Country |
Belgium |
|
|
|
|
Name |
CHRISTIAN
GUILLAUME JOSEPH GRANGÉ |
|
Position |
Managing
Director |
|
Start Date |
12/12/1994 |
|
End Date |
Unknown
date |
|
Street |
64
HOOGBOOMSTEENWEG KAPELLEN |
|
Post code |
2950 |
|
Country |
Belgium |
|
|
|
|
Name |
JÉRÔME
DE BERTOULT |
|
Position |
Member
of the Board of Directors |
|
Start Date |
16/02/2012 |
|
End Date |
02/06/2014 |
|
Street |
37 RUE
HURST MAHIEU |
|
Post code |
75008 |
|
Country |
France |
|
|
|
|
Name |
FINANCIÈRE
DSBG |
|
Position |
Director |
|
Start Date |
27/05/2010 |
|
End Date |
23/05/2013 |
|
Street |
25 RUE
DE PONTHIEU |
|
Post code |
75008 |
|
Country |
France |
|
|
|
|
Name |
PHILIPPE
BAYET |
|
Position |
Chairman
of the Board |
|
Start Date |
16/02/2012 |
|
End Date |
Unknown
date |
|
Street |
8 CHAUSSÉE
DE LA MUETTE |
|
Post code |
75016 |
|
Country |
France |
|
|
|
|
Position |
Managing
Director |
|
Start Date |
25/05/2011 |
|
End Date |
02/06/2014 |
|
Street |
8 CHAUSSÉE
DE LA MUETTE |
|
Post code |
75016 |
|
Country |
France |
|
|
|
|
Position |
Director |
|
Start Date |
25/05/2011 |
|
End Date |
Unknown
date |
|
Street |
8 CHAUSSÉE
DE LA MUETTE |
|
Post code |
75016 |
|
Country |
France |
|
|
|
|
Position |
Chairman
Executive Committee |
|
Start Date |
16/02/2012 |
|
End Date |
02/06/2014 |
|
Street |
8 CHAUSSÉE
DE LA MUETTE |
|
Post code |
75016 |
|
Country |
France |
|
|
|
|
Position |
Member
of the Board of Directors |
|
Start Date |
16/02/2012 |
|
End Date |
02/06/2014 |
|
Street |
8 CHAUSSÉE DE
LA MUETTE |
|
Post code |
75016 |
|
Country |
France |
|
|
|
|
Name |
YORK
CREUPELANDT |
|
Position |
Managing
Director |
|
Start Date |
10/08/2005 |
|
End Date |
06/10/2010 |
|
Street |
0 AV.
REY HUMBERTO D'ITALIA |
|
Post code |
2750 |
|
Country |
Italy |
|
|
|
|
Name |
MARC
D' UDEKEM D'ACOZ |
|
Position |
Managing
Director |
|
Start Date |
27/05/2010 |
|
End Date |
25/05/2011 |
|
Position |
Director |
|
Start Date |
27/05/2010 |
|
End Date |
25/05/2011 |
|
|
|
|
Name |
MARC
D'UDEKEM D'ACOZ |
|
Position |
Director |
|
Start Date |
27/05/2010 |
|
End Date |
Unknown
date |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.37 |
|
|
1 |
Rs.98.86 |
|
Euro |
1 |
Rs.69.97 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
TPT |
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.