|
Report No. : |
325009 |
|
Report Date : |
08.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
KRONOS EUROPE NV |
|
|
|
|
Registered Office : |
Langerbruggekaai 10, 9000 Gent |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2014 |
|
|
|
|
Date of Incorporation : |
31.12.1992 |
|
|
|
|
Com. Reg. No.: |
449103862 |
|
|
|
|
Legal Form : |
Public Limited Liability |
|
|
|
|
Line of Business : |
Subject is manufacture of dyes and pigments |
|
|
|
|
No. of Employee : |
292 |
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 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 – December 31, 2014
|
Country Name |
Previous Rating (30.09.2014) |
Current Rating (31.12.2014) |
|
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 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 |
KRONOS
EUROPE NV
|
Business number |
449103862 |
|
Branche Unit
Number |
2060772126 |
|
Company name |
KRONOS EUROPE NV |
|
Address |
LANGERBRUGGEKAAI 10 |
|
|
9000 GENT |
|
Number of staff |
292 |
|
Date of
establishment |
31/12/1992 |
|
Telephone number |
092540311 |
|
Fax number |
092540300 |
|
Company name |
Company Number |
|
KRONOS EUROPE NV |
449103862 |
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2014 |
187,262,170 |
1,025,931 |
-4,598,989 |
-45,144,895 |
|
31/12/2013 |
193,683,984 |
-49,129,845 |
-5,037,491 |
-46,514,805 |
|
31/12/2012 |
212,739,733 |
-26,841,555 |
44,148,259 |
1,114,161 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2014 |
111,955,513 |
292 |
5,380,000 |
7,389,656 |
|
31/12/2013 |
104,341,627 |
291 |
5,380,000 |
-41,719,194 |
|
31/12/2012 |
176,242,162 |
294 |
5,380,000 |
-19,985,161 |
|
Past payments |
|
Payment
expectation days |
63.80 |
|
Industry average
payment |
58.18 |
Industry average
day sales |
93.02 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
10.83 |
|
|
BANKRUPTCY DETAILS
Court action type
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
Business number |
449103862 |
Company name |
KRONOS EUROPE NV |
|
Fax number |
092540300 |
Date founded |
31/12/1992 |
|
Company status |
court action |
Company type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2014 |
|
Activity code |
20120 |
Liable for VAT |
no |
|
Activity description |
Manufacture of dyes and pigments |
|
|
|
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 |
Joint committee for the
chemical industry |
category
|
JIC Code |
207 |
|
Description |
Joint committee for the
employees off he chemical industry |
|
category |
|
|
|
|
|
Significant Events |
|
|
Event Date |
08/05/2012 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 08-05-2012: Herbenoemd
als bestuurder voor een periode van
6 jaar : Schlüter |
|
|
Klemens. |
|
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 |
46,957,377 |
-1.17 |
47,513,522 |
-3.00 |
48,980,939 |
15.10 |
42,554,140 |
49.64 |
28,437,613 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
45,684,407 |
-1.20 |
46,240,552 |
-1.81 |
47,091,443 |
15.24 |
40,863,584 |
51.91 |
26,900,299 |
|
Land & building |
8,378,819 |
15.07 |
7,281,535 |
-3.24 |
7,525,680 |
53.99 |
4,887,210 |
66.09 |
2,942,572 |
|
Plant & machinery |
36,842,337 |
-4.20 |
38,456,959 |
-1.73 |
39,132,697 |
10.14 |
35,528,811 |
49.84 |
23,710,796 |
|
Furniture & Vehicles |
462,418 |
-7.76 |
501,310 |
17.89 |
425,245 |
-4.05 |
443,182 |
81.23 |
244,538 |
|
Leasing & Other
Similar |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible assets |
833 |
11.36 |
748 |
-90.44 |
7,821 |
78.52 |
4,381 |
83.08 |
2,393 |
|
Financial fixed assets |
1,272,970 |
0 |
1,272,970 |
-32.63 |
1,889,496 |
11.77 |
1,690,556 |
9.97 |
1,537,314 |
|
Total current assets |
64,998,136 |
14.38 |
56,828,105 |
-55.35 |
127,261,223 |
33.31 |
95,462,408 |
117 |
43,833,385 |
|
Inventories |
56,537,230 |
35.61 |
41,689,762 |
-61.38 |
107,957,613 |
51.37 |
71,321,153 |
125 |
31,647,090 |
|
Raw materials & |
45,423,974 |
61.57 |
28,114,138 |
-61.82 |
73,642,708 |
57.69 |
46,699,669 |
109 |
22,275,809 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
984,097 |
13.19 |
869,438 |
-61.10 |
2,235,122 |
26.44 |
1,767,749 |
186 |
617,771 |
|
Finished goods |
10,129,159 |
-20.28 |
12,706,186 |
-60.39 |
32,079,783 |
40.37 |
22,853,735 |
161 |
8,753,510 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
5,556,617 |
-52.62 |
11,728,555 |
-10.10 |
13,045,626 |
-36.60 |
20,575,513 |
141 |
8,509,941 |
|
Other amounts receivable |
1,220,846 |
-17.15 |
1,473,609 |
-69.04 |
4,759,320 |
111 |
2,251,125 |
13.42 |
1,984,813 |
|
Cash |
922,586 |
-25.26 |
1,234,389 |
18.47 |
1,041,922 |
15.34 |
903,314 |
-28.22 |
1,258,440 |
|
Miscellaneous current
assets |
760,857 |
8.42 |
701,790 |
53.65 |
456,742 |
11.05 |
411,303 |
-5.03 |
433,101 |
|
Total Assets |
111,955,513 |
7.30 |
104,341,627 |
-40.80 |
176,242,162 |
27.70 |
138,016,548 |
90.97 |
72,270,998 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
-4,598,989 |
91.30 |
-5,037,491 |
-111 |
44,148,259 |
-37.87 |
71,059,477 |
57.62 |
45,083,286 |
|
Issued share capital |
5,380,000 |
0 |
5,380,000 |
0 |
5,380,000 |
0 |
5,380,000 |
0 |
5,380,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
-9,978,989 |
95.79 |
-10,417,491 |
-126 |
38,768,259 |
-40.97 |
65,679,477 |
65.43 |
39,703,286 |
|
Provisions for
Liabilities & |
6,401,997 |
6.29 |
6,023,075 |
1.59 |
5,929,082 |
21.20 |
4,891,924 |
19.40 |
4,097,060 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
9,474 |
-27.86 |
13,133 |
-26.05 |
17,759 |
-53.78 |
38,419 |
-39.19 |
63,177 |
|
Creditors |
110,143,031 |
6.58 |
103,342,910 |
-18.08 |
126,147,062 |
103 |
62,026,728 |
169 |
23,027,475 |
|
Other long term
loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Long term group
loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term
liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term
debts |
6,411,471 |
6.22 |
6,036,208 |
1.50 |
5,946,841 |
20.62 |
4,930,343 |
18.51 |
4,160,237 |
|
Current portion of
long term |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
22,666 |
6.25 |
21,333 |
-99 |
10,023,928 |
70381 |
14,222 |
-8.58 |
15,556 |
|
Trade creditors |
32,126,022 |
85.26 |
17,341,230 |
-3.23 |
17,920,526 |
-61.22 |
46,212,159 |
168 |
17,186,953 |
|
Amounts Payable for
Taxes, |
4,648,859 |
15.28 |
4,032,684 |
10.38 |
3,653,366 |
-8.00 |
3,971,176 |
3.76 |
3,827,309 |
|
Remuneration & Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current |
73,345,484 |
-10.50 |
81,947,663 |
-13.33 |
94,549,242 |
699 |
11,829,171 |
492 |
1,997,657 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total current liabilities |
110,143,031 |
6.58 |
103,342,910 |
-18.08 |
126,147,062 |
103 |
62,026,728 |
169 |
23,027,475 |
|
Total Liabilities |
111,955,513 |
7.30 |
104,341,627 |
-40.80 |
176,242,162 |
27.70 |
138,016,548 |
90.97 |
72,270,998 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.55 |
2.17 |
-25.37 |
-101 |
-12.62 |
-170 |
17.87 |
183 |
6.31 |
|
Return on capital
employed |
56.60 |
1.15 |
-4,919.30 |
-9081 |
-53.58 |
-205 |
50.82 |
149 |
20.33 |
|
Return on total
assets |
0.92 |
1.95 |
-47.09 |
-209 |
-15.23 |
-154 |
27.98 |
102 |
13.85 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return on net
assets employed |
-22.31 |
-102 |
975.28 |
1604 |
-60.80 |
-211 |
54.35 |
144 |
22.20 |
|
Sales / net working
capital |
-4.15 |
99 |
-4.16 |
-102 |
190.94 |
2851 |
6.47 |
-15.09 |
7.62 |
|
Stock turnover ratio |
30.19 |
40.29 |
21.52 |
-57.60 |
50.75 |
53.83 |
32.99 |
65.36 |
19.95 |
|
Creditor days |
63.80 |
143 |
26.19 |
-5.21 |
27.63 |
-71.27 |
96.17 |
126 |
42.48 |
|
Debtor days |
10.83 |
-51.00 |
22.10 |
-1.25 |
22.38 |
-35.58 |
34.74 |
77.43 |
19.58 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.59 |
7.27 |
0.55 |
-45.54 |
1.01 |
-34.42 |
1.54 |
-18.95 |
1.90 |
|
Liquidity ratio /
acid ratio |
0.08 |
-46.67 |
0.15 |
0 |
0.15 |
-61.54 |
0.39 |
-26.42 |
0.53 |
|
Current debt ratio |
-23.95 |
-16.77 |
-20.51 |
-817 |
2.86 |
228 |
0.87 |
70.59 |
0.51 |
|
Liquidity ratio
reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
7,389,656 |
17.71 |
-41,719,194 |
-108 |
-19,985,161 |
-164 |
31,190,850 |
125 |
13,818,058 |
|
Net worth |
-4,598,989 |
91.30 |
-5,037,491 |
-111 |
44,148,259 |
-37.87 |
71,059,477 |
57.62 |
45,083,286 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
-0.49 |
-16.67 |
-0.42 |
-101 |
22.71 |
113450 |
0.02 |
-33.33 |
0.03 |
|
Equity in percentage |
-4.11 |
85.09 |
-4.83 |
-119 |
25.05 |
-51.35 |
51.49 |
-17.46 |
62.38 |
|
Total debt ratio |
-25.34 |
-16.72 |
-21.71 |
-826 |
2.99 |
218 |
0.94 |
56.67 |
0.60 |
|
Working capital |
-45,144,895 |
97.05 |
-46,514,805 |
-4274 |
1,114,161 |
-96.67 |
33,435,680 |
60.70 |
20,805,910 |
|
Profit
& loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
188,310,023 |
6.75 |
176,396,619 |
-21.46 |
224,581,576 |
-2.99 |
231,514,152 |
42.55 |
162,410,638 |
|
Turnover |
187,262,170 |
-3.32 |
193,683,984 |
-8.96 |
212,739,733 |
-1.59 |
216,170,523 |
36.30 |
158,602,745 |
|
Total operating expenses |
183,785,287 |
-23.97 |
241,717,453 |
2.12 |
236,706,809 |
34.96 |
175,389,433 |
18.76 |
147,686,191 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
184,833,140 |
-17.64 |
224,430,088 |
-9.70 |
248,548,652 |
30.31 |
190,733,062 |
25.90 |
151,494,084 |
|
Employee costs |
23,780,822 |
4.99 |
22,650,307 |
-0.50 |
22,764,796 |
-1.56 |
23,124,820 |
4.90 |
22,044,826 |
|
Wages and salary |
15,683,156 |
3.66 |
15,129,999 |
1.25 |
14,942,885 |
-1.07 |
15,103,980 |
8.75 |
13,888,436 |
|
Employee pension costs |
240,343 |
11.17 |
216,200 |
-8.81 |
237,075 |
2.65 |
230,944 |
-10.13 |
256,963 |
|
Social security |
5,828,641 |
4.72 |
5,565,769 |
0.11 |
5,559,702 |
-0.10 |
5,565,186 |
9.88 |
5,064,712 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
2,028,682 |
16.70 |
1,738,339 |
-14.16 |
2,025,134 |
-8.97 |
2,224,710 |
-21.52 |
2,834,715 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and |
6,951,154 |
-6.90 |
7,466,556 |
7.80 |
6,926,057 |
32.82 |
5,214,659 |
26.11 |
4,134,955 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
3,476,883 |
7.24 |
-48,033,469 |
-100 |
-23,967,076 |
-158 |
40,781,090 |
273 |
10,916,554 |
|
Total financial income |
277,396 |
-72.31 |
1,001,647 |
-36.96 |
1,588,942 |
71.42 |
926,926 |
6.18 |
873,003 |
|
Total financial expenses |
2,728,348 |
30.04 |
2,098,023 |
-53.00 |
4,463,421 |
44.59 |
3,087,031 |
73.47 |
1,779,544 |
|
Results on ordinary |
1,025,931 |
2.09 |
-49,129,845 |
-83.04 |
-26,841,555 |
-169 |
38,620,985 |
285 |
10,010,013 |
|
operations before
taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary Charges |
334,280 |
465 |
59,152 |
-35.27 |
91,377 |
-30.94 |
132,319 |
-7.17 |
142,536 |
|
Extraordinary items |
-334,280 |
-465 |
-59,152 |
64.73 |
-91,377 |
69.06 |
-132,319 |
92.83 |
-142,536 |
|
Results for the
Year Before |
691,651 |
1.41 |
-49,188,997 |
-82.64 |
-26,932,932 |
-169 |
38,488,666 |
290 |
9,867,477 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
256,808 |
18509 |
1,380 |
130 |
-1,054 |
-100 |
12,537,233 |
5212 |
235,976 |
|
Results on ordinary |
769,123 |
1.57 |
-49,131,225 |
-83.05 |
-26,840,501 |
-202 |
26,083,752 |
166 |
9,774,037 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
438,502 |
0.89 |
-49,185,750 |
-82.77 |
-26,911,218 |
-203 |
25,976,191 |
168 |
9,683,103 |
|
Profit (Loss) for
the Year to be appropiated |
445,608 |
0.91 |
-49,176,765 |
-83.01 |
-26,871,096 |
-203 |
26,024,272 |
166 |
9,783,316 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social Balance
Sheet Details
|
Social Balance
Sheet |
|
Total |
|
|
During the
reporting year |
|
|
|
|
ended 31-12-2014 |
|
|
|
|
Full-time Employees |
|
272 |
|
|
Part-time Employees |
|
26 |
|
|
Total Fte
Employees |
|
291 |
|
|
Number of
hours worked |
|
|
|
|
Full-time Employees |
|
419,958 |
|
|
Part-time Employees |
|
29,039 |
|
|
Total |
|
448,997 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
22,259,735 |
|
|
Part-time Employees |
|
1,280,744 |
|
|
Total |
|
23,540,479 |
|
|
Benefits In
Addition To Wages |
|
422,046 |
|
|
During the
previous reporting year |
|
|
|
|
Average number
employees in Fte |
|
291 |
|
|
Actual working
hours |
|
445,287 |
|
|
Personnel Charges |
|
22,434,107 |
|
|
Benefits In
Addition To Wages |
|
419,189 |
|
|
|
|
|
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
270 |
25 |
288 |
|
Contracts |
|
|
|
|
Limited Duration
Contracts |
4 |
- |
4 |
|
Contracts For
Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
1 |
1 |
|
Substitution |
|
|
|
|
Gender and
Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
2 |
- |
2 |
|
Secondairy education |
198 |
10 |
206 |
|
Higher education
(non |
45 |
3 |
47 |
|
university) |
|
|
|
|
Higher education |
15 |
- |
15 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
4 |
4 |
6 |
|
Higher education
(non university) |
9 |
9 |
15 |
|
Higher education
(university) |
1 |
- |
1 |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
10 |
- |
10 |
|
White collar
worker |
95 |
15 |
105 |
|
Blue collar worker |
169 |
11 |
177 |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary personnel |
|
Total |
|
|
Average number
of temporary staff |
|
11 |
|
|
Actual working
hours |
|
20,504 |
|
|
Cost of
temporary staff |
|
887,517 |
|
|
|
|
|
|
|
New staff
and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
13 |
- |
13 |
|
Leavers |
12 |
- |
12 |
|
Total of
formal continuing vocational training initiatives |
|
|
|
for workers
paid by the employer |
Male |
Female |
|
Number of
employees |
289 |
18 |
|
Number of
training hours |
7,252 |
549 |
|
Net costs
for enterprise |
298,579 |
22,212 |
|
Total of
less formal and informal continuing vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of
employees |
22 |
1 |
|
Number of
training hours |
5,553 |
450 |
|
Net costs
for enterprise |
206,956 |
16,771 |
|
Total of
initial training initiatives at the
expense of the |
|
|
|
employer |
Male |
Female |
|
Number of
employees |
- |
- |
|
Number of
training hours |
- |
- |
|
Net costs
for enterprise |
- |
- |
Industry
comparison
|
|
|
|
Activity code |
20120 |
|
|
Activity description |
Manufacture of dyes and pigments |
|
|
industry average
credit |
82.38 |
|
|
rating |
|
|
|
Industry average
credit limit |
501928.57 |
|
|
Payment
Information Summary |
|
|
Total number of Invoices available |
154 |
|
Total number of Invoices paid within or up to 30
days after the due date |
138 |
|
Total number of Invoices paid more than 30 days
after the due date |
0 |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
16 |
|
Total number of Invoices currently outstanding beyond
the due date |
0 |
|
Suspension of
payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment expectations |
|
|
Payment
expectation days |
63.80 |
|
Day sales
outstanding |
10.83 |
|
|
|
|
Industry comparison |
|
|
Activity code |
20120 |
|
Activity description |
Manufacture of dyes and pigments |
|
Industry average
payment expectation days |
58.18 |
|
Industry average
day sales outstanding |
93.02 |
Industry quartile
analysis Payment expectations
|
Company result |
63.80 |
|
Lower |
103.63 |
|
Median |
64.66 |
|
Upper |
47.38 |
|
Day sales
outstanding |
|
|
Company result |
10.83 |
|
Lower |
67.78 |
|
Median |
49.54 |
|
Upper |
30.91 |
Shareholder
Details
|
||||
|
Summary |
|
|
|
|
|
Group -
Number of Companies |
2 |
|
|
|
|
Linkages -
Number of Companies |
1 |
|
|
|
|
Number of
Countries |
1 |
|
|
|
|
Group Structure |
||
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- KRONOS EUROPE NV - - KRONOS |
449103862 |
31-12-2013 |
Minority Shareholders
No minority shareholders found
Minority Interests
No minority interests found
Companies that
match this address
|
Business number |
Company name |
Rating |
Limit |
Date of accounts |
|
403058853 |
KRONOS NV |
- |
- |
- |
|
403094089 |
SOCIÉTÉ BELGE DES DÉRIVÉS DU
TITANE NV IN VEREFFEN |
- |
- |
- |
|
428217386 |
KRONOS WORLD SERVICES
INVEREFFENING NV |
- |
- |
31/07/2006 |
|
428844720 |
CEBO BELGIUM NV IN VEREFFENING |
- |
- |
- |
|
Summary |
|
|
|
|
|
|
|
Group -
Number of Companies |
2 |
|
|
|
|
|
|
Linkages -
Number of Companies |
1 |
|
|
|
|
|
|
Number of
Countries |
1 |
|
|
|
|
|
|
Linked Companies |
|
|
|
|||
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|||
|
|
|
FINANCIALS |
|
|||
|
KRONOS B.V. |
24241836 |
31.12.2014 |
- |
|||
Summons
there is no data for
this company
Protested Bills
there is no data for
this company
|
Legal event type |
Liquidation Closure |
|
Event date |
14/06/2007 |
Director
details
|
|
|
Current director
details |
|
|
Name |
J.F. ANDERSEN |
|
Position |
Director |
|
Start Date |
03/12/2003 |
|
Street |
9 EMILE VAN BECELAERELAAN BRUSSEL |
|
Post code |
1170 |
|
Country |
Belgium |
|
|
|
|
Name |
KLEMENS SCHLUETER |
|
Position |
Director |
|
Start Date |
09/05/2006 |
|
Street |
5 FELDER WEG LEICHLINGEN |
|
Post code |
D 42799 |
|
Country |
Germany |
|
Name |
GREGORY SWALWELL |
|
Position |
Director |
|
Start Date |
23/10/2009 |
|
Street |
170 THREE LINCOLN CENTRE 5430
LBJ FREEWAY, SUITE |
|
Post code |
DALLAS |
|
Country |
United States |
|
|
|
|
Name |
KRONOS DENMARKT APS |
|
Position |
Director |
|
Start Date |
13/05/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
ULRICH KABELAC |
|
Position |
Director |
|
Start Date |
31/07/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
KARL SCHLUTER |
|
Position |
Director |
|
Start Date |
09/05/2006 |
Street
Post code
Country
Former director
details
|
Name |
FREDERIKUS DE JONG |
|
Position |
Chairman of the Board |
|
Start Date |
14/08/1997 |
|
End Date |
Unknown date |
|
Street |
29 JULES DU JARDINLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start Date |
17/07/1997 |
|
End Date |
18/04/1997 |
|
Street |
29 JULES DU JARDINLAAN BRUSSEL |
|
Post code |
1150 |
|
Country |
Belgium |
|
|
|
|
Name |
KRONOS DENMARK APS SOC. ETRANGERE |
|
Position |
Director |
|
Start Date |
23/10/2009 |
|
End Date |
01/09/2011 |
|
Street |
|
|
Post code |
|
|
Country |
Denmark |
|
|
|
|
Name |
KLEMENS SCHLUETER |
|
Position |
Chairman of the Board |
|
Start Date |
22/11/2007 |
|
End Date |
08/05/2012 |
|
Street |
5 FELDER WEG LEICHLINGEN |
|
Post code |
D 42799 |
|
Country |
Germany |
|
|
|
|
Name |
KRONOS DENMARKT APS |
|
Position |
Legal Representative |
|
Start Date |
13/05/2003 |
|
End Date |
Unknown date |
Street
Post code Country
Former mandates
in other companies
|
Name |
Kronos World Services
Invereffening NV |
|
Business number |
428217386 |
|
Position |
Liquidator |
|
Start Date |
10/08/2001 |
|
End Date |
Unknown date |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.90 |
|
|
1 |
Rs.97.98 |
|
Euro |
1 |
Rs.71.82 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
ASH |
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.