|
Report No. : |
330412 |
|
Report Date : |
08.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
DOW CORNING EUROPE SA |
|
|
|
|
Registered Office : |
Rue Jules Bordet – C 7180 Seneffe |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
24.01.1969 |
|
|
|
|
Com. Reg. No.: |
406117818 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Manufacture of Industrial Gases. |
|
|
|
|
No. of Employees : |
613 |
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 : |
Slow but correct |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC
OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized
on its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to shifts in
foreign demand, particularly in Belgium’s EU trade partners. Roughly
three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian
GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget
deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right
government has pledged to further reduce the deficit in response to EU pressure
to reduce Belgium’s high public debt, which remains above 100% of GDP, but such
efforts could also dampen economic growth. In addition to restrained public
spending, low wage growth and high unemployment promise to curtail a more
robust recovery in private consumption. The government has pledged to pursue an
reform program to improve Belgium’s competitiveness, including changes to tax
policy, labor market rules, and welfare benefits. These changes risk worsening
tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
|
Business number |
406117818 |
|
Branche Unit Number |
2004404832 |
|
Company name |
DOW CORNING EUROPE SA |
|
Address |
RUE JULES BORDET -C |
|
|
7180 SENEFFE |
|
Number of staff |
613 |
|
Date of establishment |
24/01/1969 |
|
Telephone number |
064888000 |
|
Fax number |
064888401 |
|
Company name |
Company Number |
|
DC GLOBAL HOLDINGS SPRLU |
- |
The business was established
over 46 years ago.
Rhe business has 500 employees.
The business is part of a
group.
The business has been at
the address for over 8 years. Operating
Result in the latest trading period
decreased 128% on the previous trading period.
A 36% decline in Total Assets
occurred during the latest trading period.
Pre-tax profits decreased by 114% compared
to the previous trading period. The business
saw a decrease in their Cash Balance
of 94% during the latest trading period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
884,385,521 |
-1,639,982 |
94,466,620 |
55,477,207 |
|
31/12/2012 |
883,435,988 |
11,290,420 |
97,879,130 |
7,690,886 |
|
31/12/2011 |
874,290,131 |
29,702,777 |
90,488,546 |
6,079,787 |
|
Accounts |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
355,770,229 |
613 |
62,935,526 |
14,471,107 |
|
31/12/2012 |
562,297,054 |
663 |
62,935,526 |
29,632,685 |
|
31/12/2011 |
482,889,303 |
676 |
62,935,526 |
40,029,874 |
|
Past payments |
|
Payment expectation days |
48.51 |
|
Industry average payment expectation days |
57.41 |
Industry average day sales outstanding |
90.57 |
|
Day sales outstanding |
53.11 |
|
|
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO
DETAILS
|
Date of summons |
04/09/2014 |
|
Business number |
406117818 |
Company name |
DOW CORNING EUROPE SA |
|
Fax number |
064888401 |
Date founded |
24/01/1969 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2013 |
|
Activity code |
20110 |
Liable for VAT |
yes |
|
Activity description |
Manufacture of industrial gases |
VAT Number |
BE.0406.117.818 Check VAT number |
|
Belgian Bullettin of Acts Publications |
moniteur belge |
|
|
|
Registered contractor number |
- |
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel
(NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint
Industrial Committee (JIC) |
|
|
JIC Code |
207 |
|
Description category |
Joint committee for the
employees off he chemical industry |
|
|
|
|
Significant
Events |
|
|
Event Date |
26/06/2013 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaire 26-06-2013: Renouvellement
du mandat d'administrateur de Klaus
Hoffmann pour un terme de 3 ans. |
|
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 |
123,854,084 |
-6.34 |
132,243,494 |
6.65 |
123,992,348 |
57.11 |
78,919,494 |
-8.40 |
86,158,120 |
|
Intangible fixed assets |
27,194,306 |
-16.64 |
32,624,068 |
9.61 |
29,765,081 |
9.28 |
27,238,279 |
6.50 |
25,575,970 |
|
Tangible fixed assets |
95,021,109 |
-1.99 |
96,952,256 |
3.82 |
93,389,373 |
81.88 |
51,345,896 |
10.50 |
46,466,198 |
|
Land & building |
54,242,089 |
1.38 |
53,503,671 |
135 |
22,686,144 |
4.68 |
21,671,853 |
2.73 |
21,096,137 |
|
Plant & machinery |
31,040,898 |
17.47 |
26,424,165 |
26.05 |
20,963,353 |
9.81 |
19,091,273 |
4.32 |
18,299,847 |
|
Furniture & Vehicles |
5,054,971 |
-8.68 |
5,535,383 |
73.00 |
3,199,554 |
63.43 |
1,957,721 |
-10.09 |
2,177,393 |
|
Leasing & Other Similar |
2,825,099 |
-33.60 |
4,254,443 |
-15.76 |
5,050,231 |
185 |
1,771,263 |
-11.11 |
1,992,671 |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
1,858,051 |
-74.32 |
7,234,594 |
-82.56 |
41,490,091 |
505 |
6,853,786 |
136 |
2,900,150 |
|
Financial fixed assets |
1,638,669 |
-38.56 |
2,667,170 |
218 |
837,894 |
149 |
335,319 |
-97.62 |
14,115,952 |
|
Total current assets |
231,916,145 |
-46.07 |
430,053,560 |
19.83 |
358,896,955 |
10.30 |
325,387,982 |
17.71 |
276,440,951 |
|
Inventories |
77,067,829 |
-4.91 |
81,043,589 |
4.36 |
77,659,712 |
-14.15 |
90,457,979 |
26.27 |
71,640,829 |
|
Raw materials & |
4,296,843 |
-14.37 |
5,017,800 |
3.92 |
4,828,595 |
-3.10 |
4,983,180 |
31.51 |
3,789,228 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
72,770,986 |
-4.28 |
76,025,789 |
4.39 |
72,831,117 |
-14.79 |
85,474,799 |
25.97 |
67,851,601 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
128,688,152 |
-3.14 |
132,853,899 |
-8.91 |
145,854,190 |
-11.77 |
165,312,384 |
0.50 |
164,495,525 |
|
Other amounts receivable |
19,678,861 |
-87.92 |
162,864,016 |
122 |
73,324,649 |
105 |
35,686,869 |
9.77 |
32,511,620 |
|
Cash |
2,587,427 |
-94.25 |
44,992,488 |
-21.08 |
57,009,651 |
106 |
27,662,137 |
1002 |
2,508,853 |
|
Miscellaneous current assets |
262,738 |
-77.39 |
1,162,258 |
-2.44 |
1,191,313 |
-45.01 |
2,166,513 |
347 |
484,124 |
|
Total Assets |
355,770,229 |
-36.73 |
562,297,054 |
16.44 |
482,889,303 |
19.44 |
404,307,476 |
11.50 |
362,599,071 |
LIABILITIES
|
Total shareholders equity |
121,660,926 |
-6.78 |
130,503,198 |
8.52 |
120,253,627 |
68.90 |
71,198,741 |
397 |
14,304,237 |
|
Issued share capital |
62,935,526 |
0.00 |
62,935,526 |
0 |
62,935,526 |
75.35 |
35,891,032 |
448 |
6,547,100 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
58,725,399 |
-13.09 |
67,567,672 |
17.88 |
57,318,101 |
62.34 |
35,307,709 |
355 |
7,757,137 |
|
Provisions for Liabilities & Charges |
1,889,771 |
14.33 |
1,652,856 |
-3.88 |
1,719,573 |
-8.13 |
1,871,764 |
-17.11 |
2,258,064 |
|
Deffered taxes |
762,022 |
-11.40 |
860,030 |
-9.91 |
954,620 |
-33.64 |
1,438,478 |
-25.49 |
1,930,633 |
|
Creditors |
231,457,510 |
-46.08 |
429,280,970 |
19.26 |
359,961,483 |
9.15 |
329,798,493 |
-4.16 |
344,106,137 |
|
Other long term loans |
53,757,855 |
892 |
5,418,442 |
-24.16 |
7,144,315 |
47.23 |
4,852,591 |
-94.70 |
91,554,387 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
1,260,718 |
-15.94 |
1,499,854 |
- |
0 |
-100 |
2,818,511 |
170 |
1,040,479 |
|
Total long term debts |
57,670,366 |
511 |
9,431,182 |
-3.94 |
9,818,508 |
-10.59 |
10,981,344 |
-88.65 |
96,783,563 |
|
Current portion of long term |
1,005,019 |
-20.79 |
1,268,882 |
4.98 |
1,208,653 |
10.55 |
1,093,340 |
-77.58 |
4,876,306 |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
7,182 |
- |
- |
- |
257,463 |
-34.61 |
393,764 |
-20.49 |
495,225 |
|
Trade creditors |
118,080,131 |
11.23 |
106,161,862 |
-24.76 |
141,101,036 |
-6.13 |
150,319,843 |
-32.76 |
223,552,753 |
|
Amounts Payable for Taxes,
Remuneration & Social Security |
18,921,706 |
-42.04 |
32,647,912 |
31.00 |
24,922,061 |
-7.85 |
27,045,058 |
21.59 |
22,243,539 |
|
Miscellaneous current |
38,424,900 |
-86.39 |
282,284,018 |
52.32 |
185,327,955 |
29.35 |
143,275,386 |
41616 |
343,448 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
176,438,937 |
-58.23 |
422,362,674 |
19.71 |
352,817,168 |
9.53 |
322,127,391 |
28.08 |
251,511,271 |
|
Total Liabilities |
355,770,229 |
-36.73 |
562,297,054 |
16.44 |
482,889,303 |
19.44 |
404,307,476 |
11.50 |
362,599,071 |
RATIO ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-0.19 |
-114 |
1.28 |
-62.35 |
3.40 |
36.55 |
2.49 |
522 |
0.40 |
|
Return on capital employed |
-0.91 |
-111 |
8.07 |
-64.67 |
22.84 |
-10.54 |
25.53 |
905 |
2.54 |
|
Return on total assets employed |
-0.46 |
-122 |
2.01 |
-67.32 |
6.15 |
18.50 |
5.19 |
565 |
0.78 |
|
Return on net assets employed |
-1.35 |
-115 |
8.65 |
-64.98 |
24.70 |
-16.19 |
29.47 |
49.67 |
19.69 |
|
Sales / net working capital |
15.94 |
-86.12 |
114.87 |
-20.12 |
143.80 |
-44.27 |
258.04 |
815 |
28.20 |
|
Stock turnover ratio |
8.71 |
-5.02 |
9.17 |
3.27 |
8.88 |
-17.40 |
10.75 |
5.50 |
10.19 |
|
Creditor days |
48.51 |
8.77 |
44.60 |
-26.45 |
60.64 |
-8.65 |
66.38 |
-43.24 |
116.94 |
|
Debtor days |
53.11 |
-3.24 |
54.89 |
-9.85 |
60.89 |
-15.10 |
71.72 |
-16.03 |
85.41 |
|
SHORT TERM STABILITY
|
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.31 |
28.43 |
1.02 |
0 |
1.02 |
0.99 |
1.01 |
-8.18 |
1.10 |
|
Liquidity ratio / acid ratio |
0.88 |
6.02 |
0.83 |
3.75 |
0.80 |
9.59 |
0.73 |
-9.88 |
0.81 |
|
Current debt ratio |
1.45 |
-55.25 |
3.24 |
10.58 |
2.93 |
-35.18 |
4.52 |
-74.29 |
17.58 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
14,471,107 |
-51.17 |
29,632,685 |
-25.97 |
40,029,874 |
33.68 |
29,943,881 |
75.63 |
17,049,682 |
|
Net worth |
94,466,620 |
-3.49 |
97,879,130 |
8.17 |
90,488,546 |
105 |
43,960,462 |
390 |
-11,271,733 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
45.02 |
779 |
5.12 |
-28.49 |
7.16 |
-19.55 |
8.90 |
-98.69 |
677.60 |
|
Equity in percentage |
37.03 |
50.28 |
24.64 |
-7.16 |
26.54 |
40.57 |
18.88 |
345 |
4.24 |
|
Total debt ratio |
1.92 |
-41.99 |
3.31 |
9.60 |
3.02 |
-35.47 |
4.68 |
-80.78 |
24.35 |
|
Working capital |
55,477,207 |
621 |
7,690,886 |
26.50 |
6,079,787 |
86.46 |
3,260,591 |
-86.92 |
24,929,680 |
PROFIT
& LOSS
|
Operating Income |
894,307,554 |
-1.01 |
903,400,296 |
3.02 |
876,876,875 |
0.29 |
874,321,221 |
25.16 |
698,572,023 |
|
Turnover |
884,385,521 |
0.11 |
883,435,988 |
1.05 |
874,290,131 |
3.91 |
841,353,997 |
19.69 |
702,943,967 |
|
Total operating expenses |
888,506,938 |
2.27 |
868,791,558 |
2.30 |
849,295,585 |
2.75 |
826,537,201 |
18.46 |
697,736,354 |
|
Gross Operating Margin |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
Operating Charges |
898,428,971 |
1.09 |
888,755,866 |
4.33 |
851,882,329 |
-0.89 |
859,504,425 |
23.96 |
693,364,410 |
|
Employee costs |
71,643,091 |
-10.76 |
80,282,233 |
23.03 |
65,253,929 |
-4.38 |
68,239,649 |
5.37 |
64,761,133 |
|
Wages and salary |
56,523,261 |
-6.81 |
60,656,781 |
28.75 |
47,112,502 |
-8.68 |
51,589,413 |
11.05 |
46,457,935 |
|
Employee pension costs |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
Social security |
12,569,238 |
9.30 |
11,500,052 |
9.59 |
10,493,565 |
2.02 |
10,286,127 |
6.64 |
9,645,232 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
2,550,592 |
-68.61 |
8,125,400 |
6.24 |
7,647,862 |
20.17 |
6,364,109 |
-26.49 |
8,657,966 |
|
Director remuneration |
- |
- |
|
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
20,292,796 |
6.61 |
19,035,237 |
13.63 |
16,751,911 |
12.99 |
14,825,580 |
6.69 |
13,895,395 |
|
Operating result |
-4,121,417 |
-128 |
14,644,430 |
-41.41 |
24,994,546 |
68.69 |
14,816,796 |
184 |
5,207,613 |
|
Total financial income |
5,177,716 |
50.85 |
3,432,339 |
-53.46 |
7,375,652 |
-10.91 |
8,279,211 |
273 |
2,214,435 |
|
Total financial expenses |
2,696,281 |
-60.27 |
6,786,349 |
154 |
2,667,421 |
26.11 |
2,115,123 |
-54.08 |
4,605,809 |
|
Results on ordinary operations
before taxation |
-1,639,982 |
-114 |
11,290,420 |
-61.99 |
29,702,777 |
41.57 |
20,980,884 |
644 |
2,816,239 |
|
Extraordinary Income |
323,994 |
9.53 |
295,813 |
57563 |
513 |
-95.87 |
12,432 |
9.05 |
11,400 |
|
Extraordinary Charges |
4,772,600 |
1738 |
259,538 |
231 |
78,176 |
-38.86 |
127,860 |
138 |
53,631 |
|
Extraordinary items |
-4,448,606 |
-12363 |
36,275 |
46.71 |
-77,663 |
67.28 |
-115,428 |
-173 |
-42,231 |
|
Results for the Year Before Taxation
appropriations |
-6,088,588 |
-153 |
11,326,695 |
-61.77 |
29,625,114 |
41.98 |
20,865,456 |
652 |
2,774,008 |
|
Taxation |
-168,891 |
-120 |
823,838 |
-87.94 |
6,831,009 |
9.48 |
6,239,310 |
5273 |
116,113 |
|
Results on ordinary operations
after taxation |
-1,471,091 |
-114 |
10,466,582 |
-54.24 |
22,871,768 |
55.15 |
14,741,574 |
445 |
2,700,126 |
|
Net result |
-5,821,689 |
-154 |
10,597,448 |
-54.47 |
23,277,963 |
53.97 |
15,118,301 |
379 |
3,154,287 |
|
Profit (Loss) for the Year
to be appropiated |
-5,691,082 |
-153 |
10,728,055 |
-54.20 |
23,423,766 |
53.46 |
15,264,104 |
362 |
3,300,091 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
42,640,000 |
|
Social
Balance Sheet |
Total |
|
During
the reporting year ended 31-12-2013 |
|
|
Full-time Employees |
585 |
|
Part-time Employees |
56 |
|
Total Fte Employees |
628 |
|
Number
of hours worked |
|
|
Full-time Employees |
886,339 |
|
Part-time Employees |
65,547 |
|
Total |
951,886 |
|
Personnel
Charges |
|
|
Full-time Employees |
65,262,391 |
|
Part-time Employees |
4,180,460 |
|
Total |
69,442,851 |
|
Benefits In Addition To Wages |
1,714,832 |
|
During
the previous reporting year |
|
|
Average number employees in Fte |
664 |
|
Actual working hours |
1,019,726 |
|
Personnel Charges |
78,259,454 |
|
Benefits In Addition To Wages |
2,022,779 |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
560 |
56 |
603 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
9 |
- |
9 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
1 |
- |
1 |
Gender
and Education Level
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
2 |
- |
2 |
|
Secondairy education |
198 |
10 |
206 |
|
Higher education (non university) |
72 |
3 |
74 |
|
Higher education(university) |
141 |
2 |
142 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
6 |
7 |
11 |
|
Higher education (non university) |
51 |
22 |
68 |
|
Higher education (university) |
100 |
12 |
109 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
32 |
4 |
35 |
|
White collar worker |
538 |
52 |
578 |
|
Blue collar worker |
- |
- |
- |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary
personnel |
|
Total |
|
|
Average number of temporary staff |
|
37 |
|
|
Actual working hours |
|
70,552 |
|
|
Cost of temporary staff |
|
2,605,656 |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
20 |
- |
20 |
|
Leavers |
63 |
5 |
67 |
|
Total of formal continuing
vocational training initiatives for workers paid by the employer |
Male |
Female |
|
Number of employees |
389 |
165 |
|
Number of training hours |
5,199 |
2,802 |
|
Net costs for enterprise |
390,267 |
183,800 |
|
|
|
|
|
Total
of less formal and informal
continuing vocational training
initiatives for workers paid by the
employer |
Male |
Female |
|
|
|
|
|
Number of employees |
379 |
215 |
|
Number of training hours |
2,056 |
1,231 |
|
Net costs for enterprise |
210,052 |
115,535 |
|
|
|
|
|
Total of initial training initiatives at the expense of the employer |
Male |
Female |
|
Number of employees |
1 |
- |
|
Number of training hours |
496 |
- |
|
Net costs for enterprise |
6,270 |
- |
|
Activity code |
20110 |
|
Activity description |
Manufacture of industrial gases |
|
industry average credit rating |
77.49 |
|
Industry average credit limit |
1010060.44 |
|
Payment Information Summary |
|
|
Total number of Invoices available |
1026 |
|
Total number of Invoices
paid within or up to 30 days
after the due date |
639 |
|
Total number of Invoices
paid more than 30 days after the
due date |
106 |
|
Total number of Invoices
currently outstanding where the due date
has not yet been reached |
281 |
|
Total number of Invoices
currently outstanding beyond the due date |
0 |
|
Suspension
of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment
expectations |
|
|
Payment expectation days |
48.51 |
|
Day sales outstanding |
53.11 |
|
|
|
|
Industry
comparison |
|
|
Activity code |
20110 |
|
Activity description |
Manufacture of industrial gases |
|
Industry average payment expectation days |
57.41 |
|
Industry average day sales outstanding |
90.57 |
PAYMENT EXPECTATIONS
|
Company result |
48.51 |
|
Lower |
84.22 |
|
Median |
62.84 |
|
Upper |
45.46 |
DAY SALES OUTSTANDING
|
Company result |
53.11 |
|
Lower |
73.88 |
|
Median |
48.51 |
|
Upper |
35.16 |
|
Summary |
|
|
Group - Number of Companies |
2 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Minority
Interests
No minority interests found
Companies
that match this address
no Companies Match this address
Summary
|
Group - Number of Companies |
2 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
|
Summons |
|
|
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
04/09/2014 |
|
|
|
Court type |
|
Court name |
Charleroi |
|
Creditor's name |
Office National de Sécurité
Sociale |
3rd party type |
Summoning Party |
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
04/12/2008 |
|
|
|
Court type |
Court name |
Charleroi |
|
|
Creditor's name |
3rd party type |
|
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
04/09/2008 |
|
|
|
Court type |
Court name |
Charleroi |
|
|
Creditor's name |
3rd party type |
|
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
04/10/2007 |
|
|
|
Court type |
Court name |
Charleroi |
|
|
Creditor's name |
3rd party type |
|
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
06/09/2007 |
|
|
|
Court type |
Court name |
Charleroi |
|
|
Creditor's name |
3rd party type |
|
|
|
Legal event type |
Social Security Summons |
|
|
|
Event date |
03/06/2004 |
|
|
|
Court type |
Court name |
Charleroi |
|
|
Creditor's name |
3rd party type |
|
|
Protested Bills
There is no data for this company
Bankruptcy
and other legal events
There is no data for this
company
CURRENT DIRECTOR DETAILS
|
Name |
ANNICK MEERSCHMAN |
|
Position |
Managing Director |
|
Start Date |
22/08/2014 |
|
Date of birth |
21/09/1968 |
|
Street |
45 KASTANJESTRAAT GRAMMONT |
|
Post code |
9500 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
17/01/2014 |
|
Date of birth |
21/09/1968 |
|
Street |
45 KASTANJESTRAAT GRAMMONT |
|
Post code |
9500 |
|
Country |
Belgium |
|
|
|
|
Name |
KLAUS HOFFMAN |
|
Position |
Director |
|
Start Date |
26/06/2013 |
|
End Date |
22/06/2016 |
|
Street |
6 RHEINPARKSTRAAT WIESBADEN |
|
Post code |
65203 |
|
Country |
Germany |
|
|
|
|
Name |
KLAUS HOFFMANN |
|
Position |
Director |
|
Start Date |
30/06/2010 |
|
Street |
6 RHEINPARKSTRAAT WIESBADEN |
|
Post code |
65203 |
|
Country |
Germany |
|
|
|
|
FORMER
DIRECTOR DETAILS |
|
|
Name |
GÉRARD MARQUET |
|
Position |
Chairman of the Board |
|
Start Date |
28/06/2012 |
|
End Date |
Unknown date |
|
Date of birth |
10/10/1951 |
|
Street |
5 AVENUE PÈRE AGNELLO BRUXELLES |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
28/06/2012 |
|
End Date |
24/06/2015 |
|
Date of birth |
10/10/1951 |
|
Street |
5 AVENUE PÈRE AGNELLO BRUXELLES |
|
Post code |
1150 |
|
Country |
Belgium |
|
Name |
MICHEL RENS |
|
Position |
Managing Director |
|
Start Date |
27/04/2010 |
|
End Date |
17/01/2014 |
|
Date of birth |
24/07/1955 |
|
Street |
28 ALBERT VANLAETHEMSTRAAT HOEILAART |
|
Post code |
1560 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
27/04/2010 |
|
End Date |
17/01/2014 |
|
Date of birth |
24/07/1955 |
|
Street |
28 ALBERT VANLAETHEMSTRAAT HOEILAART |
|
Post code |
1560 |
|
Country |
Belgium |
|
|
|
|
Name |
JEAN IKER |
|
Position |
Managing Director |
|
Start Date |
27/06/2002 |
|
End Date |
28/06/2006 |
|
Date of birth |
18/02/1953 |
|
Street |
6 ESDOORNENLAAN OVERIJSE |
|
Post code |
3090 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
27/06/2002 |
|
End Date |
28/06/2006 |
|
Date of birth |
18/02/1953 |
|
Street |
6 ESDOORNENLAAN OVERIJSE |
|
Post code |
3090 |
|
Country |
Belgium |
|
|
|
|
Name |
BERNARD SIMON |
|
Position |
Managing Director |
|
Start Date |
28/06/2009 |
|
End Date |
27/04/2010 |
|
Street |
67 CHAUSSÉE DE BRAINE-LE-COMTE NIVELLES |
|
Post code |
1400 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
24/06/2009 |
|
End Date |
Unknown date |
|
Street |
67 CHAUSSÉE DE BRAINE-LE-COMTE NIVELLES |
|
Post code |
1400 |
|
Country |
Belgium |
|
|
|
|
Name |
ALEX ROYEZ |
|
Position |
Managing Director |
|
Start Date |
11/05/1995 |
|
End Date |
Unknown date |
|
Street |
2 CHEMIN DES MARRONNIERS NAMUR |
|
Post code |
5100 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
11/05/1995 |
|
End Date |
Unknown date |
|
Street |
2 CHEMIN DES MARRONNIERS NAMUR |
|
Post code |
5100 |
|
Country |
Belgium |
|
|
|
|
Name |
ALAIN JOACHIM |
|
Position |
Director |
|
Start Date |
11/05/1995 |
|
End Date |
Unknown date |
|
Street |
62 RUE GÉNÉRAL DE GAULLE LA
HULPE |
|
Post code |
1310 |
|
Country |
Belgium |
|
|
|
|
Name |
SIEGFRIED HABERER |
|
Position |
Director |
|
Start Date |
11/05/1995 |
|
End Date |
Unknown date |
|
Street |
42 CHEMIN DES MESSES LASNE |
|
Post code |
1380 |
|
Country |
Belgium |
|
|
|
|
Name |
ANTHONY-JOHN MC CARTHY |
|
Position |
Director |
|
Start Date |
28/06/2006 |
|
End Date |
Unknown date |
|
Street |
- |
|
Post code |
- |
|
Country |
- |
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
: |
RAS |
|
|
|
|
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%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or
its officials.