|
Report No. : |
332262 |
|
Report Date : |
27.07.2015 |
IDENTIFICATION DETAILS
|
Name : |
INOVYN BELGIUM SA |
|
|
|
|
Registered Office : |
Rue De Ransbeek 310 1120 Bruxelles |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
17.06.1999 |
|
|
|
|
Com. Reg. No.: |
466279394 |
|
|
|
|
Legal Form : |
Public Limited Liability Company |
|
|
|
|
Line of Business : |
Wholesale of chemical products for industrial
use |
|
|
|
|
No. of Employees : |
215 |
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 : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES:
Any query related to this report can be made
on e-mail: infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized on its central geographic location, highly developed transport network, and diversified industrial and commercial base. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. With few natural resources, Belgium imports substantial quantities of raw materials and exports a large volume of manufactures, making its economy vulnerable to shifts in foreign demand, particularly in Belgium’s EU trade partners. Roughly three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right government has pledged to further reduce the deficit in response to EU pressure to reduce Belgium’s high public debt, which remains above 100% of GDP, but such efforts could also dampen economic growth. In addition to restrained public spending, low wage growth and high unemployment promise to curtail a more robust recovery in private consumption. The government has pledged to pursue an reform program to improve Belgium’s competitiveness, including changes to tax policy, labor market rules, and welfare benefits. These changes risk worsening tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
|
Business number |
466279394 |
|
Branche Unit Number |
2091533794 |
|
Company name |
"INOVYN BELGIUM" SA |
|
Address |
RUE DE RANSBEEK 310 |
|
|
1120 BRUXELLES |
|
Number of staff |
215 |
|
Date of establishment |
17/06/1999 |
|
Telephone number |
022642111 |
|
Fax number |
022643061 |
|
Company name |
Company Number |
|
SOLVIN HOLDING GMBH |
- |
The business was established over 16 years ago.
The business has 215 employees.
The business is part of a group.
The business has changed its registered name recently.
The business has been at the address for over 16 years.
A 61% growth in Total Assets occurred during the latest trading period.
The business saw a decrease in their Cash Balance of 64% during the latest trading period.
Accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
689,023,956 |
3,005,342 |
40,231,227 |
54,362,817 |
|
31/12/2013 |
614,684,326 |
-8,163,732 |
37,302,010 |
46,205,510 |
|
31/12/2012 |
598,593,834 |
8,219,516 |
44,163,250 |
48,189,973 |
Accounts
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
512,151,705 |
215 |
15,275,104 |
7,067,175 |
|
31/12/2013 |
316,453,523 |
195 |
15,275,104 |
-2,620,844 |
|
31/12/2012 |
291,234,116 |
193 |
15,275,104 |
9,772,566 |
|
Past payments |
|
Payment expectation days |
44.35 |
|
Industry average payment |
66.97 |
Industry average day
sales |
190.92 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
37.32 |
|
|
Court data
summary
BANKRUPTCY
DETAILS
Court action
type no
PROTESTED
BILLS
Bill amount –
NSSO DETAILS
Date of summons –
|
Business number |
466279394 |
Company name |
"INOVYN BELGIUM" SA |
|
Fax number |
022643061 |
Date founded |
17/06/1999 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2014 |
|
Activity code |
46751 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of chemical products for
industrial use |
VAT Number |
BE.0466.279.394 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 |
116 |
|
Description category |
Joint committee for the chemical
industry |
|
|
|
|
JIC Code |
207 |
|
Description category |
Joint committee for the employees
off he chemical industry |
|
Event Date |
06/11/2012 |
|
Event Description |
|
|
Event Details |
Extrait du pv de l'AG spéciale
du 02/11/12. |
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
% |
31-12-2011 |
% |
31-12-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
6,496,367 |
-30.32 |
9,323,163 |
-27.13 |
12,794,935 |
-23.09 |
16,635,895 |
-16.55 |
19,935,505 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
401 |
|
Tangible fixed assets |
6,496,284 |
-30.32 |
9,323,080 |
-27.13 |
12,794,852 |
-23.09 |
16,635,812 |
-16.55 |
19,935,021 |
|
Land & building |
1,040,251 |
-13.80 |
1,206,788 |
-11.42 |
1,362,354 |
-10.25 |
1,517,921 |
-8.41 |
1,657,380 |
|
Plant & machinery |
4,080,779 |
-45.94 |
7,548,176 |
-29.59 |
10,719,953 |
-25.58 |
14,404,145 |
-20.60 |
18,142,268 |
|
Furniture & Vehicles |
- |
- |
0 |
-99 |
4 |
-99 |
487 |
-87.44 |
3,874 |
|
Leasing & Other Similar |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
1,375,254 |
142 |
568,116 |
-20.27 |
712,541 |
-0.10 |
713,259 |
442 |
131,499 |
|
Financial fixed assets |
83 |
-0.08 |
83 |
0.08 |
83 |
-0.08 |
83 |
0 |
83 |
|
Total current assets |
505,655,338 |
64.64 |
307,130,360 |
10.30 |
278,439,181 |
25.42 |
222,000,821 |
22.07 |
181,858,755 |
|
Inventories |
30,536,850 |
39.36 |
21,911,724 |
12.89 |
19,410,503 |
34.74 |
14,405,580 |
-44.50 |
25,957,324 |
|
Raw materials & |
1,223,619 |
3.09 |
1,186,886 |
-28.47 |
1,659,173 |
4.71 |
1,584,491 |
18.10 |
1,341,696 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
1,039,429 |
53.98 |
675,057 |
-44.93 |
1,225,764 |
-76.18 |
5,144,964 |
-56.73 |
11,891,293 |
|
Finished goods |
28,273,802 |
41.02 |
20,049,781 |
21.33 |
16,525,566 |
115 |
7,676,124 |
-39.67 |
12,724,335 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
70,444,483 |
59.05 |
44,289,994 |
-25.90 |
59,771,594 |
-3.54 |
61,967,860 |
-21.67 |
79,107,774 |
|
Other amounts receivable |
8,089,642 |
11.01 |
7,287,210 |
7.34 |
6,788,802 |
20.69 |
5,625,002 |
-23.69 |
7,371,509 |
|
Cash |
2,493 |
-64.13 |
6,950 |
-33.18 |
10,402 |
-99 |
29,996,278 |
3470004 |
864 |
|
Miscellaneous current |
395,849,516 |
69.55 |
233,469,982 |
21.50 |
192,163,380 |
75.36 |
109,581,601 |
59.12 |
68,866,783 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Total Assets |
512,151,705 |
61.84 |
316,453,523 |
8.66 |
291,234,116 |
22.04 |
238,636,716 |
18.26 |
201,794,259 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
40,231,227 |
7.85 |
37,302,010 |
-15.54 |
44,163,250 |
12.93 |
39,106,049 |
3.66 |
37,724,942 |
|
Issued share capital |
15,275,104 |
0.00 |
15,275,104 |
0.00 |
15,275,104 |
0.00 |
15,275,104 |
0 |
15,275,104 |
|
Share premium account |
23,514,059 |
0.00 |
23,514,059 |
0.00 |
23,514,059 |
0.00 |
23,514,059 |
0 |
23,514,059 |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
1,442,064 |
96.97 |
-1,487,153 |
-127 |
5,374,087 |
1595 |
316,887 |
29.78 |
-1,064,220 |
|
Provisions for Liabilities & |
20,627,957 |
13.17 |
18,226,663 |
8.35 |
16,821,658 |
7.02 |
15,718,848 |
17.62 |
13,364,558 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
451,292,521 |
72.96 |
260,924,850 |
13.32 |
230,249,208 |
25.26 |
183,811,818 |
21.97 |
150,704,759 |
|
Other long term loans |
- |
- |
- |
- |
- |
- |
- |
- |
11,000,000 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
20,627,957 |
13.17 |
18,226,663 |
8.35 |
16,821,658 |
7.02 |
15,718,848 |
-35.48 |
24,364,558 |
|
Current portion of long term |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
345,810,891 |
100 |
172,841,592 |
20.89 |
142,968,557 |
9.10 |
131,039,462 |
82.89 |
71,649,713 |
|
Trade creditors |
83,019,324 |
3.96 |
79,859,457 |
29.09 |
61,864,097 |
49.56 |
41,363,358 |
-32.35 |
61,141,253 |
|
Amounts Payable for Taxes, |
9,213,461 |
15.90 |
7,949,218 |
-13.40 |
9,179,450 |
44.75 |
6,341,511 |
-0.84 |
6,395,456 |
|
Remuneration & Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
13,248,845 |
4725 |
274,582 |
-98.31 |
16,237,104 |
220 |
5,067,487 |
877 |
518,338 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
451,292,521 |
72.96 |
260,924,850 |
13.32 |
230,249,208 |
25.26 |
183,811,818 |
31.57 |
139,704,759 |
|
Total Liabilities |
512,151,705 |
61.84 |
316,453,523 |
8.66 |
291,234,116 |
22.04 |
238,636,716 |
18.26 |
201,794,259 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.44 |
33.08 |
-1.33 |
-197 |
1.37 |
234 |
0.41 |
-80.93 |
2.15 |
|
Return on capital employed |
4.94 |
33.61 |
-14.70 |
-209 |
13.48 |
191 |
4.62 |
-77.13 |
20.20 |
|
Return on total assets employed |
0.59 |
22.87 |
-2.58 |
-191 |
2.82 |
166 |
1.06 |
-82.96 |
6.22 |
|
Return on net assets employed |
7.47 |
34.13 |
-21.89 |
-217 |
18.61 |
187 |
6.48 |
-80.51 |
33.25 |
|
Sales / net working capital |
12.67 |
-4.74 |
13.30 |
7.09 |
12.42 |
-23.24 |
16.18 |
16.74 |
13.86 |
|
Stock turnover ratio |
4.43 |
24.44 |
3.56 |
9.88 |
3.24 |
39.06 |
2.33 |
-47.52 |
4.44 |
|
Creditor days |
44.35 |
-5.94 |
47.15 |
22.12 |
38.61 |
56.51 |
24.67 |
-37.16 |
39.26 |
|
Debtor days |
37.32 |
41.90 |
26.30 |
-27.85 |
36.45 |
-0.44 |
36.61 |
-25.94 |
49.43 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.12 |
-5.08 |
1.18 |
-2.48 |
1.21 |
0 |
1.21 |
-6.92 |
1.30 |
|
Liquidity ratio / acid ratio |
1.05 |
-3.67 |
1.09 |
-2.68 |
1.12 |
-0.88 |
1.13 |
0.89 |
1.12 |
|
Current debt ratio |
11.22 |
60.52 |
6.99 |
34.17 |
5.21 |
10.85 |
4.70 |
27.03 |
3.70 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
7,067,175 |
269 |
-2,620,844 |
-126 |
9,772,566 |
59.95 |
6,109,895 |
-29.95 |
8,722,045 |
|
Net worth |
40,231,227 |
7.85 |
37,302,010 |
-15.54 |
44,163,250 |
12.93 |
39,106,049 |
3.66 |
37,724,542 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
859.56 |
85.51 |
463.36 |
43.13 |
323.73 |
-3.39 |
335.09 |
52.95 |
219.09 |
|
Equity in percentage |
7.86 |
-33.33 |
11.79 |
-22.23 |
15.16 |
-7.50 |
16.39 |
-12.31 |
18.69 |
|
Total debt ratio |
11.73 |
56.82 |
7.48 |
33.81 |
5.59 |
9.61 |
5.10 |
17.24 |
4.35 |
|
Working capital |
54,362,817 |
17.65 |
46,205,510 |
-4.12 |
48,189,973 |
26.19 |
38,189,003 |
-9.41 |
42,153,995 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
751,277,183 |
12.63 |
667,024,702 |
2.82 |
648,757,325 |
-0.85 |
654,311,661 |
14.65 |
570,711,823 |
|
Turnover |
689,023,956 |
12.09 |
614,684,326 |
2.69 |
598,593,834 |
-3.11 |
617,829,674 |
5.77 |
584,121,576 |
|
Total operating expenses |
683,186,751 |
10.50 |
618,256,370 |
5.71 |
584,877,412 |
-4.43 |
612,004,649 |
7.66 |
568,443,831 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
745,439,978 |
11.16 |
670,596,745 |
5.60 |
635,040,903 |
-2.07 |
648,486,636 |
16.84 |
555,034,078 |
|
Employee costs |
28,714,302 |
4.73 |
27,417,975 |
9.85 |
24,960,194 |
11.05 |
22,476,474 |
5.56 |
21,293,456 |
|
Wages and salary |
19,222,055 |
15.00 |
16,715,469 |
2.36 |
16,329,715 |
9.18 |
14,957,148 |
4.11 |
14,367,296 |
|
Employee pension costs |
386,925 |
-1.99 |
394,772 |
1.58 |
388,649 |
64.33 |
236,506 |
20.60 |
196,116 |
|
Social security contributions |
6,561,043 |
0.18 |
6,549,082 |
14.94 |
5,697,657 |
10.93 |
5,136,266 |
3.98 |
4,939,720 |
|
Other employee costs |
2,544,279 |
-32.31 |
3,758,652 |
47.74 |
2,544,173 |
18.52 |
2,146,553 |
19.90 |
1,790,324 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and |
4,137,958 |
-2.42 |
4,240,396 |
-10.07 |
4,715,365 |
-0.28 |
4,728,788 |
-1.42 |
4,797,105 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
5,837,205 |
163 |
-3,572,044 |
-126 |
13,716,422 |
135 |
5,825,025 |
-62.85 |
15,677,745 |
|
Total financial income |
4,815,755 |
-45.72 |
8,871,821 |
204 |
2,909,247 |
-3.02 |
2,999,853 |
43.30 |
2,093,449 |
|
Total financial expenses |
7,647,618 |
-43.20 |
13,463,510 |
60.16 |
8,406,153 |
33.60 |
6,291,832 |
20.39 |
5,226,406 |
|
Results on ordinary |
3,005,342 |
36.81 |
-8,163,732 |
-199 |
8,219,516 |
224 |
2,533,047 |
-79.81 |
12,544,788 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
5,878 |
- |
- |
- |
188,174 |
- |
- |
|
Extraordinary Charges |
68,495 |
-26.25 |
92,877 |
- |
- |
- |
38,503 |
-99 |
7,000,000 |
|
Extraordinary items |
-68,495 |
78.73 |
-86,999 |
- |
0 |
-100 |
149,671 |
2.14 |
-7,000,000 |
|
Results for the Year Before taxation |
2,936,847 |
35.59 |
-8,250,731 |
-200 |
8,219,516 |
206 |
2,682,717 |
-51.62 |
5,544,788 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
7,630 |
0.55 |
-1,389,491 |
-143 |
3,162,315 |
142 |
1,301,611 |
-19.65 |
1,619,848 |
|
Results on ordinary |
2,997,712 |
44.25 |
-6,774,241 |
-233 |
5,057,201 |
310 |
1,231,436 |
-88.73 |
10,924,940 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
2,929,217 |
42.69 |
-6,861,240 |
-235 |
5,057,201 |
266 |
1,381,107 |
-64.81 |
3,924,940 |
|
Profit (Loss) for the Year to be appropiated |
2,929,217 |
42.69 |
-6,861,240 |
-235 |
5,057,201 |
266 |
1,381,107 |
-64.81 |
3,924,940 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social Balance Sheet
Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting
year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
183 |
|
|
Part-time Employees |
|
21 |
|
|
Total Fte Employees |
|
198 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
284,074 |
|
|
Part-time Employees |
|
21,800 |
|
|
Total |
|
305,874 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
26,317,838 |
|
|
Part-time Employees |
|
2,009,540 |
|
|
Total |
|
28,327,377 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
During the previous
reporting year |
|
|
|
|
Average number employees
in Fte |
|
196 |
|
|
Actual working hours |
|
301,302 |
|
|
Personnel Charges |
|
27,023,203 |
|
|
Benefits In Addition
To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
181 |
22 |
196 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
19 |
- |
19 |
|
Contracts For Specific
Work |
- |
- |
- |
|
Gender and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
4 |
- |
4 |
|
Secondairy education |
72 |
17 |
83 |
|
Higher education (non |
23 |
2 |
25 |
|
university) |
|
|
|
|
Higher education |
58 |
1 |
59 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
6 |
- |
6 |
|
Higher education (non |
27 |
2 |
29 |
|
university) |
|
|
|
|
Higher education |
10 |
- |
10 |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
2 |
- |
2 |
|
White collar worker |
146 |
11 |
154 |
|
Blue collar worker |
52 |
11 |
59 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
2 |
|
|
Actual working hours |
|
3,063 |
|
|
Cost of temporary staff |
|
90,410 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
63 |
2 |
65 |
|
Leavers |
40 |
3 |
43 |
|
Total of formal
continuing vocational training initiatives |
|
|
|
for workers paid
by the employer |
Male |
Female |
|
Number of employees |
77 |
36 |
|
Number of training hours |
1,567 |
599 |
|
Net costs for enterprise |
182,018 |
84,191 |
|
Total of less
formal and informal continuing vocational |
|
|
|
training initiatives for
workers paid by the employer |
Male |
Female |
|
Number of employees |
87 |
45 |
|
Number of training hours |
1,228 |
628 |
|
Net costs for enterprise |
80,562 |
41,203 |
|
Total of initial
training initiatives at the expense of
the |
|
|
|
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Activity code |
46751 |
|
Activity description |
Wholesale of chemical products for
industrial use |
|
Payment Information Summary |
|
|
Total number of Invoices available |
19 |
|
Total number of Invoices paid within or up to 30
days after the due date |
17 |
|
Total number of Invoices paid more than 30 days
after the due date |
2 |
|
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 |
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment expectations |
|
|
Payment expectation days |
44.35 |
|
Day sales outstanding |
37.32 |
|
|
|
|
Industry comparison |
|
|
Activity code |
46751 |
|
Activity description |
Wholesale of chemical products for
industrial use |
|
Industry average payment |
66.97 |
|
expectation days |
|
|
Industry average day
sales |
190.92 |
|
outstanding |
|
|
Payment expectations |
|
|
Company result |
44.35 |
|
Lower |
88.98 |
|
Median |
59.44 |
|
Upper |
41.58 |
|
Company result |
37.32 |
|
Lower |
73.34 |
|
Median |
42.22 |
|
Upper |
24.43 |
|
Summary |
|
|
Group - Number of
Companies |
2 |
|
Linkages - Number
of Companies |
1309 |
|
Number of Countries |
93 |
|
Company name |
Number |
Latest financials |
|
- SOLVIN HOLDING GMBH |
|
|
|
- - "INOVYN BELGIUM"
SA |
466279394 |
31-12-2014 |
No minority shareholders found
No minority interests found
|
Summary |
|
|
Group - Number of
Companies |
2 |
|
Linkages - Number of
Companies |
1309 |
|
Number of Countries |
93 |
Linked
Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
|
|
|
|
|
BASF INDIA |
00113972 |
31.03.2015 |
€723.648.577 |
|
WINTERSHALL NORGE AS |
985224323 |
31.12.2014 |
585.520.718 |
|
|
|
|
KNOK |
|
CONTEC |
- |
31.03.2015 |
€193.107.135 |
|
BASF AS |
911434016 |
31.12.2013 |
254.443 KNOK |
|
|
|
|
|
|
BASF NEDERLAND B.V. |
09022883 |
31.12.2014 |
€494.517.000 |
|
SOLVAY PARTICIPATIONS FRANCE |
420837684 |
31.12.2013 |
- |
|
SOLVAY FINANCE FRANCE |
757801261 |
31.12.2013 |
- |
|
SOLVAY SOCIETE' ANONYME |
00089900492 |
- |
- |
|
RHODIA |
352170161 |
31.12.2008 |
€6.000.000 |
|
RHODIA |
352170161 |
31.12.2008 |
€6.000.000 |
|
BASF SE |
HRB 6000 |
31.12.2014 |
€76.715.000.000 |
|
RHODIA OPERATIONS |
622037083 |
31.12.2013 |
€2.279.475.172 |
|
RHODIANYL |
399135482 |
31.12.2013 |
- |
|
BASF AGRO B.V. |
09113314 |
31.12.2014 |
€1.093.881.598 |
|
RHODIA HOLDINGS LIMITED |
03129113 |
31.12.2013 |
- |
|
SOLVAY FINANCE LUXEMBOURG |
B39650 |
31.12.2012 |
- |
|
S.A. |
|
|
|
|
SOLVAY SPECIALTY POLYMERS |
03521920961 |
31.12.2013 |
€665.653.000 |
|
ITALY S.P.A. |
|
|
|
|
SOLVAY LUXEMBOURG S.À R.L. |
B101280 |
31.12.2013 |
- |
|
SOLVAY GMBH |
HRB 53686 |
31.12.2013 |
€155.963.000 |
|
BASF AGROCHEMICAL PRODUCTS B.V. |
09113315 |
31.12.2014 |
€491.545.594 |
there is no data for this company
there is no data for this company
there is no data for this company
Current director details
|
Name |
PHILIPPE TARANTI |
|
Position |
Director |
|
Start Date |
05/05/2011 |
|
End Date |
02/06/2017 |
|
Street |
33 RUE DE LA TAILLE JEMEPPE-SUR-SAMBRE |
|
Post code |
5190 |
|
Country |
Belgium |
|
|
|
|
Name |
JAHN RAIMAR |
|
Position |
Director |
|
Start Date |
01/06/2012 |
|
End Date |
02/06/2017 |
|
Street |
6 CLOS DE L'AURORE BRAINE-L'ALLEUD |
|
Post code |
1420 |
|
Country |
Belgium |
|
|
|
|
Name |
ALAIN HANNEUSE |
|
Position |
Director |
|
Start Date |
05/05/2011 |
|
End Date |
02/06/2017 |
|
Street |
30 AV. DES CONSTELLATIONS WATERLOO |
|
Post code |
1410 |
|
Country |
Germany |
|
|
|
|
Name |
OTTO GROLIG |
|
Position |
Director |
|
Start Date |
02/07/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
MICHAEL MAHER |
|
Position |
Director |
|
Start Date |
02/07/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
NATACHA MELCHIOR |
|
Position |
Director |
|
Start Date |
02/07/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Fonds de Pension des Cadres du
Groupe Solvay en Belgique en liquidation
OFP |
|
Business number |
430206777 |
|
Position |
Partner |
|
Start Date |
21/06/2013 |
|
|
|
|
Name |
Instelling voor bedrijfspensioenvoorzieningen VZW |
|
Business number |
430206876 |
|
Position |
Partner |
|
Start Date |
29/10/2013 |
|
Name |
PVC4Pipes ORG.INTERNAT |
|
Business number |
865073516 |
|
Position |
Director |
|
Start Date |
08/03/2013 |
Former director details
|
Name |
PIERRE TUCOULAT |
|
Position |
Managing Director |
|
Start Date |
01/05/2006 |
|
End Date |
Unknown date |
|
Street |
65 RUE DE L'AUTOMNE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
01/05/2006 |
|
End Date |
31/12/2013 |
|
Street |
65 RUE DE L'AUTOMNE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
|
|
|
|
Name |
LUDWIG DECCSTER |
|
Position |
Director |
|
Start Date |
16/12/2008 |
|
End Date |
Unknown date |
|
Street |
8 HEIBERG OVERIJSE |
|
Post code |
3090 |
|
Country |
Belgium |
|
|
|
|
Name |
LUC CASTIN |
|
Position |
Director |
|
Start Date |
19/11/2012 |
|
End Date |
02/07/2015 |
|
Street |
139 AVENUE BARON D'HUART KRAAINEM |
|
Post code |
1950 |
|
Country |
Belgium |
|
|
|
|
Name |
FILIPE CONSTANT |
|
Position |
Chairman of the Board |
|
Start Date |
01/07/2011 |
|
End Date |
Unknown date |
|
Street |
86 J.B. DEVLEMINCKLAAN ZAVENTEM |
|
Post code |
1930 |
|
Country |
Belgium |
|
|
|
|
Position |
Managing Director |
|
Start Date |
01/07/2011 |
|
End Date |
02/07/2015 |
|
Street |
86 J.B. DEVLEMINCKLAAN ZAVENTEM |
|
Post code |
1930 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
05/05/2011 |
|
End Date |
02/07/2015 |
|
Street |
86 J.B. DEVLEMINCKLAAN ZAVENTEM |
|
Post code |
1930 |
|
Country |
Belgium |
|
|
|
|
Name |
EDOUARD JANSSEN |
|
Position |
Director |
|
Start Date |
05/05/2011 |
|
End Date |
31/10/2014 |
|
Street |
33 RUE DE WYNANTS BRUXELLES |
|
Post code |
1000 |
|
Country |
Belgium |
|
|
|
|
Name |
MICHEL TCHAPIAN |
|
Position |
Director |
|
Start Date |
09/06/2011 |
|
End Date |
19/11/2012 |
|
Street |
9 AVENUE RIJCKMANS BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Name |
WAYNE T. SMITH |
|
Position |
Director |
|
Start Date |
15/11/2010 |
|
End Date |
01/06/2012 |
|
Street |
33 AVENUE WELLINGTON BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Name |
JEAN-PIERRE PLESKA |
|
Position |
Chairman of the Board |
|
Start Date |
26/02/2001 |
|
End Date |
31/12/2010 |
|
Street |
99 RUE DE L'ABBAYE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
13/04/2010 |
|
End Date |
31/12/2011 |
|
Street |
99 RUE DE L'ABBAYE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
|
|
|
|
Position |
Chairperson |
|
Start Date |
13/04/2010 |
|
End Date |
31/12/2010 |
|
Street |
99 RUE DE L'ABBAYE BRUXELLES |
|
Post code |
1050 |
|
Country |
Belgium |
|
|
|
|
Name |
DELOITTE BEDRIJFSREVISOREN/REVISEURS D'ENTREPRISES
B.V. CVBA |
|
Position |
Commissioner |
|
Start Date |
27/06/2011 |
|
End Date |
Unknown date |
|
Date of birth |
23/06/1986 |
|
Street |
8 BERKENLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
|
|
|
Name |
CHRISTIANE MALCORPS |
|
Position |
Director |
|
Start Date |
01/02/2009 |
|
End Date |
Unknown date |
|
Street |
9 DE MERODESTRAAT GRIMBERGEN |
|
Post code |
1850 |
|
Country |
Belgium |
|
|
|
|
Name |
CHRISTIANE (CHRISTINA) MALCORPS |
|
Position |
Director |
|
Start Date |
01/02/2009 |
|
End Date |
05/05/2011 |
|
Street |
9 DE MERODESTRAAT GRIMBERGEN |
|
Post code |
1850 |
|
Country |
Belgium |
|
|
|
|
Name |
LUDWIG DECOSTER |
|
Position |
Director |
|
Start Date |
02/12/2008 |
|
End Date |
31/12/2010 |
|
Street |
5 HEIBERG OVERIJSE |
|
Post code |
3090 |
|
Country |
Belgium |
|
|
|
|
Name |
JACQUES DELMORTIEZ |
|
Position |
Director |
|
Start Date |
01/05/2006 |
|
End Date |
15/11/2010 |
|
Street |
CHEMIN SAINT-LANDRY SOIGNIES |
|
Post code |
7060 |
|
Country |
Belgium |
|
|
|
|
Name |
JACQUES SILVAIN DELMOITIEZ |
|
Position |
Director |
|
Start Date |
01/05/2006 |
|
End Date |
15/11/2010 |
|
Street |
5 CHEMIN SAINT-LANDRY SOIGNIES |
|
Post code |
7060 |
|
Country |
Belgium |
|
|
|
|
Name |
BRUNO VAN DER WEME |
|
Position |
Director |
|
Start Date |
27/11/2003 |
|
End Date |
15/11/2010 |
|
Street |
7 AVENUE DE BOULOGNE-BILLANCOURT RIXENSART |
|
Post code |
1330 |
|
Country |
Belgium |
|
|
|
|
Name |
VINCENZO MORICI |
|
Position |
Chairman of the Board |
|
Start Date |
01/03/2010 |
|
End Date |
05/05/2011 |
|
Street |
311 AVENUE MOLIÈRE BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
01/03/2010 |
|
End Date |
05/05/2011 |
|
Street |
311 AVENUE MOLIÈRE BRUXELLES |
|
Post code |
1180 |
|
Country |
Belgium |
|
|
|
|
Name |
"INOVYN MANUFACTURING BELGIUM" SA |
|
Position |
Director |
|
Start Date |
30/06/2007 |
|
End Date |
Unknown date |
|
Date of birth |
01/01/1949 |
|
Street |
310 RUE DE RANSBEEK BRUXELLES |
|
Post code |
1120 |
|
Country |
Belgium |
|
|
|
|
Name |
BRUNO VAN DER WIELEN |
|
Position |
Director |
|
Start Date |
08/12/2003 |
|
End Date |
15/11/2010 |
|
Street |
7 AVENUE DE BOULOGNE-BILLANCOURT RIXENSART |
|
Post code |
1330 |
|
Country |
Belgium |
|
|
|
|
Name |
JACQUES VAN RYCKEVORSEL |
|
Position |
Chairman of the Board |
|
Start Date |
11/06/1999 |
|
End Date |
Unknown date |
|
Street |
56 RUE DE L'ORME BRUXELLES |
|
Post code |
1030 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
11/06/1999 |
|
End Date |
Unknown date |
|
Street |
56 RUE DE L'ORME BRUXELLES |
|
Post code |
1030 |
|
Country |
Belgium |
|
|
|
|
Name |
RAIMAR JAHN |
|
Position |
Director |
|
Start Date |
01/06/2012 |
|
End Date |
01/07/2015 |
|
Street |
|
|
Post code |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.89 |
|
UK Pound |
1 |
Rs.99.10 |
|
Euro |
1 |
Rs.70.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
VNT |
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.