|
Report No. : |
325801 |
|
Report Date : |
09.06.2015 |
IDENTIFICATION DETAILS
|
Name : |
KODDAERT NV |
|
|
|
|
Registered Office : |
Ambachtenstraat 1 8680 Koekelare |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
27.06.1986 |
|
|
|
|
Com. Reg. No.: |
429255385 |
|
|
|
|
Legal Form : |
Public Limited Liability Company (BE) |
|
|
|
|
Line of Business : |
Wholesale of metals and metal ores |
|
|
|
|
No. of Employee : |
19 |
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 – 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 |
|
Business number |
429255385 |
|
Company name |
KODDAERT NV |
|
Address |
AMBACHTENSTRAAT 1 |
|
|
8680 KOEKELARE |
|
Number of staff |
19 |
|
Date of establishment |
27/06/1986 |
|
Telephone number |
051747540 |
|
Fax number |
051747530 |
The business was established over 28
years ago.
The business has 20 employees.
The business has been at the address
for over 11 years.
Operating Result in the latest
trading period decreased 46% on the
previous trading period.
Pre-tax profits decreased by 54%
compared to the previous trading period.
The business saw an increase in
their Cash Balance of 133% during the
latest trading period.
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
33,416,831 |
107,577 |
4,110,666 |
1,305,998 |
|
31/12/2012 |
36,725,878 |
234,234 |
4,107,659 |
2,005,659 |
|
31/12/2011 |
43,761,085 |
529,287 |
4,238,928 |
2,507,432 |
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
15,764,039 |
19 |
910,000 |
417,968 |
|
31/12/2012 |
15,715,284 |
19 |
910,000 |
601,624 |
|
31/12/2011 |
16,679,315 |
17 |
910,000 |
822,298 |
|
Past payments |
|
Payment expectation days |
26.08 |
|
Industry average payment |
55.51 |
Industry average day sales |
247.66 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
46.83 |
|
|
BANKRUPTCY
DETAILS
|
Court action type |
no |
PROTESTED
BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
|
Business number |
429255385 |
Company name |
KODDAERT NV |
|
Fax number |
051747530 |
Date founded |
27/06/1986 |
|
Company status |
active |
Company type |
Public Limited Liability Company (BE) |
|
|
|
|
|
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2013 |
|
Activity code |
46720 |
Liable for VAT |
yes |
|
Activity description |
Wholesale of metals and metal ores |
VAT Number |
BE.0429.255.385 Check VAT |
|
|
|
number |
|
|
Belgian Bullettin of Acts Publications |
moniteur belge |
|
|
Contractor
details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date
struck off register |
|
|
Personnel (NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint
Industrial Committee (JIC) |
|
|
JIC Code |
149.04 |
|
Description |
Joint subcommittee for the trade
in metals |
|
category |
|
|
JIC Code |
218 |
|
Description |
Additional national joint committee for
the employees |
|
category |
|
|
Significant
Events |
|
|
Event Date |
16/05/2014 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 16-05-2014: Herbenoemd als
bestuurders voor een periode van 6
jaar: Jean-Pierre |
|
|
Heynderick (tevens gedelegeerd bestuurder
en voorzitter) en Nicole Jacobs. |
|
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 |
2,891,491 |
22.19 |
2,366,319 |
20.13 |
1,969,721 |
-10.69 |
2,205,538 |
-14.63 |
2,583,362 |
|
Intangible fixed assets |
18,106 |
60.54 |
11,278 |
267 |
3,072 |
-28.19 |
4,278 |
-21.99 |
5,484 |
|
Tangible fixed assets |
1,775,005 |
-15.27 |
2,094,824 |
13.76 |
1,841,447 |
-14.77 |
2,160,479 |
-13.86 |
2,507,992 |
|
Land & building |
1,419,650 |
-9.46 |
1,567,935 |
3.67 |
1,512,364 |
-10.57 |
1,691,088 |
-9.31 |
1,864,647 |
|
Plant & machinery |
198,667 |
-37.90 |
319,931 |
27.44 |
251,042 |
-35.47 |
389,033 |
-3.52 |
403,244 |
|
Furniture & Vehicles |
105,873 |
-13.41 |
122,267 |
56.67 |
78,041 |
-2.88 |
80,358 |
-33.09 |
120,101 |
|
Leasing & Other Similar Rights |
50,815 |
-40.00 |
84,692 |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
120,000 |
|
Financial fixed assets |
1,098,381 |
322 |
260,216 |
107 |
125,203 |
207 |
40,781 |
-41.65 |
69,887 |
|
Total current assets |
12,872,548 |
-3.57 |
13,348,966 |
-9.25 |
14,709,594 |
74.82 |
8,414,258 |
-7.93 |
9,139,322 |
|
Inventories |
7,924,992 |
-19.59 |
9,856,236 |
43.02 |
6,891,280 |
82.26 |
3,781,025 |
-15.21 |
4,459,378 |
|
Raw materials & consumables |
17,715 |
- |
- |
- |
10,260 |
58.66 |
6,467 |
-4.61 |
6,779 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
7,907,277 |
-19.77 |
9,856,236 |
43.24 |
6,881,020 |
82.30 |
3,774,558 |
-14.72 |
4,426,126 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
26,474 |
|
Trade debtors |
4,287,022 |
38.94 |
3,085,430 |
-58.42 |
7,420,191 |
67.85 |
4,420,685 |
4.81 |
4,217,856 |
|
Other amounts receivable |
179,027 |
-5.72 |
189,888 |
93.51 |
98,127 |
15.16 |
85,213 |
249 |
24,351 |
|
Cash |
456,534 |
133 |
195,527 |
-34.20 |
297,162 |
206 |
96,983 |
-76.08 |
405,417 |
|
Miscellaneous current assets |
4,472 |
-79.57 |
21,886 |
672 |
2,833 |
-88.82 |
25,353 |
46.37 |
17,321 |
|
Total Assets |
15,764,039 |
0.31 |
15,715,284 |
-5.78 |
16,679,315 |
57.06 |
10,619,796 |
-9.41 |
11,722,684 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
4,128,772 |
0.24 |
4,118,937 |
-2.90 |
4,242,000 |
7.26 |
3,954,857 |
19.19 |
3,318,025 |
|
Issued share capital |
910,000 |
0 |
910,000 |
0 |
910,000 |
0 |
910,000 |
0 |
910,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
307,416 |
0 |
307,416 |
0 |
307,416 |
0 |
307,416 |
0 |
307,416 |
|
Reserves |
2,911,356 |
0.34 |
2,901,521 |
-4.07 |
3,024,584 |
10.49 |
2,737,440 |
30.32 |
2,100,609 |
|
Provisions for Liabilities & |
0 |
- |
0 |
- |
0 |
- |
0 |
-100 |
200,000 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
1,477 |
-50.00 |
2,954 |
-33.33 |
4,431 |
-25.00 |
5,907 |
|
Creditors |
11,635,267 |
0.35 |
11,594,871 |
-6.75 |
12,434,361 |
86.69 |
6,660,509 |
-18.76 |
8,198,752 |
|
Other long term loans |
68,717 |
-72.68 |
251,564 |
8.34 |
232,199 |
-32.75 |
345,288 |
-17.60 |
419,028 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
68,717 |
-72.84 |
253,041 |
7.61 |
235,153 |
-32.76 |
349,719 |
-44.04 |
624,935 |
|
Current portion of long term debt |
182,848 |
-34.34 |
278,479 |
17.54 |
236,920 |
11.43 |
212,624 |
-18.43 |
260,650 |
|
Financial debts |
8,840,000 |
5.84 |
8,351,884 |
3.30 |
8,085,000 |
116 |
3,740,000 |
-29.87 |
5,333,066 |
|
Trade creditors |
2,363,354 |
7.44 |
2,199,704 |
-39.65 |
3,644,863 |
67.19 |
2,180,110 |
8.13 |
2,016,160 |
|
Amounts Payable for Taxes, Remuneration
& Social Security |
173,134 |
7.43 |
161,155 |
21.37 |
132,779 |
45.69 |
91,139 |
-17.92 |
111,030 |
|
Miscellaneous current liabilities |
7,215 |
-97.95 |
352,085 |
243 |
102,601 |
12.32 |
91,348 |
55.31 |
58,818 |
|
Total current liabilities |
11,566,551 |
1.97 |
11,343,306 |
-7.04 |
12,202,162 |
93.22 |
6,315,221 |
-18.82 |
7,779,724 |
|
Total Liabilities |
15,764,039 |
0.31 |
15,715,284 |
-5.78 |
16,679,315 |
57.06 |
10,619,796 |
-9.41 |
11,722,684 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.32 |
-50.0 |
0.64 |
-47.11 |
1.21 |
-65.13 |
3.47 |
80.73 |
1.92 |
|
Return on capital employed |
2.56 |
-52.24 |
5.36 |
-54.65 |
11.82 |
-49.14 |
23.24 |
119 |
10.60 |
|
Return on total assets employed |
0.68 |
-54.36 |
1.49 |
-53.00 |
3.17 |
-66.35 |
9.42 |
164 |
3.56 |
|
Return on net assets employed |
2.61 |
-54.13 |
5.69 |
-54.41 |
12.48 |
-50.67 |
25.30 |
100 |
12.59 |
|
Sales / net working capital |
25.59 |
39.76 |
18.31 |
4.93 |
17.45 |
26.91 |
13.75 |
-14.17 |
16.02 |
|
Stock turnover ratio |
23.72 |
-11.62 |
26.84 |
70.41 |
15.75 |
20.23 |
13.10 |
-36.04 |
20.48 |
|
Creditor days |
26.08 |
17.27 |
22.24 |
-28.40 |
31.06 |
7.62 |
28.86 |
-17.19 |
34.85 |
|
Debtor days |
46.83 |
52.74 |
30.66 |
-50.46 |
61.89 |
10.70 |
55.91 |
-20.91 |
70.69 |
SHORT TERM STABILITY
|
Current ratio |
1.11 |
-5.93 |
1.18 |
-2.48 |
1.21 |
-9.02 |
1.33 |
13.68 |
1.17 |
|
Liquidity ratio / acid ratio |
0.43 |
38.71 |
0.31 |
-51.56 |
0.64 |
-12.33 |
0.73 |
21.67 |
0.60 |
|
Current debt ratio |
2.80 |
1.82 |
2.75 |
-4.51 |
2.88 |
80.0 |
1.60 |
-31.62 |
2.34 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
417,968 |
-30.53 |
601,624 |
-26.84 |
822,298 |
-29.84 |
1,171,968 |
58.82 |
737,917 |
|
Net worth |
4,110,666 |
0.07 |
4,107,659 |
-3.10 |
4,238,928 |
7.30 |
3,950,579 |
19.26 |
3,312,541 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
220.20 |
2.11 |
215.64 |
6.94 |
201.65 |
85.56 |
108.67 |
-40.03 |
181.21 |
|
Equity in percentage |
26.22 |
-0.04 |
26.23 |
3.11 |
25.44 |
-31.72 |
37.26 |
31.57 |
28.32 |
|
Total debt ratio |
2.82 |
0 |
2.82 |
-3.75 |
2.93 |
73.37 |
1.69 |
-33.20 |
2.53 |
|
Working capital |
1,305,998 |
-34.88 |
2,005,659 |
-20.01 |
2,507,432 |
19.46 |
2,099,037 |
54.39 |
1,359,598 |
|
Profit
& loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
33,628,992 |
-9.00 |
36,954,726 |
-15.86 |
43,921,353 |
51.33 |
29,024,394 |
32.24 |
21,947,797 |
|
Turnover |
33,416,831 |
-9.01 |
36,725,878 |
-16.08 |
43,761,085 |
51.64 |
28,859,325 |
32.51 |
21,778,799 |
|
Total operating expenses |
33,077,025 |
-8.36 |
36,095,119 |
-15.72 |
42,829,868 |
55.35 |
27,569,505 |
30.55 |
21,117,217 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
33,289,186 |
-8.35 |
36,323,967 |
-15.51 |
42,990,136 |
55.01 |
27,734,574 |
30.29 |
21,286,215 |
|
Employee costs |
1,293,938 |
16.98 |
1,106,119 |
-3.41 |
1,145,217 |
42.54 |
803,424 |
-7.12 |
864,995 |
|
Wages and salary |
872,778 |
20.30 |
725,475 |
-10.77 |
813,084 |
54.26 |
527,073 |
-6.14 |
561,525 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
346,326 |
16.91 |
296,236 |
15.87 |
255,653 |
8.65 |
235,290 |
-5.79 |
249,752 |
|
Other employee costs |
74,834 |
-11.34 |
84,408 |
10.37 |
76,480 |
86.26 |
41,061 |
-23.56 |
53,718 |
|
Director remuneration |
264,534 |
71.52 |
154,233 |
0.41 |
153,600 |
29.00 |
119,070 |
11.21 |
107,070 |
|
Amortization and depreciation |
405,265 |
-14.11 |
471,819 |
0.97 |
467,286 |
-8.78 |
512,269 |
26.35 |
405,447 |
|
Operating result |
339,805 |
-46.13 |
630,759 |
-32.27 |
931,216 |
-27.80 |
1,289,820 |
94.96 |
661,581 |
|
Total financial income |
192,788 |
-40.59 |
324,518 |
31.98 |
245,890 |
-42.66 |
428,839 |
171 |
158,203 |
|
Total financial expenses |
425,016 |
-41.06 |
721,043 |
11.30 |
647,819 |
-9.81 |
718,256 |
78.66 |
402,021 |
|
Results on ordinary operations |
107,577 |
-54.07 |
234,234 |
-55.75 |
529,287 |
-47.09 |
1,000,403 |
139 |
417,763 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
- |
- |
1,114 |
|
Extraordinary Charges |
89,755 |
749 |
10,571 |
5585 |
186 |
- |
- |
- |
- |
|
Extraordinary items |
-89,755 |
-749 |
-10,571 |
-5585 |
-186 |
- |
0 |
-100 |
1,114 |
|
Results for the Year Before |
17,822 |
-92.03 |
223,664 |
-57.73 |
529,101 |
-47.11 |
1,000,403 |
138 |
418,877 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
||||||||||||||||||
|
Taxation |
6,595 |
-93.08 |
95,335 |
-45.70 |
175,566 |
-48.69 |
342,180 |
289 |
87,884 |
|
||||||||||||||||||
|
Results on ordinary operations after taxation |
100,982 |
-27.30 |
138,899 |
-60.73 |
353,721 |
-46.26 |
658,223 |
99 |
329,879 |
|
||||||||||||||||||
|
Net result |
12,703 |
-90.21 |
129,805 |
-63.44 |
355,011 |
-46.19 |
659,700 |
98.42 |
332,470 |
|
||||||||||||||||||
|
Profit (Loss) for the Year to be
appropiated |
12,703 |
-90.21 |
129,805 |
-63.44 |
355,011 |
-46.19 |
659,700 |
98.42 |
332,470 |
|||||||||||||||||||
|
Dividends |
- |
- |
250,000 |
284 |
65,000 |
225 |
20,000 |
- |
- |
|
||||||||||||||||||
|
Social
Balance Sheet Details |
|||||||||
|
Social
Balance Sheet |
|
|
Total |
|
|
|
|
|
|
|
During the reporting year |
|
|
|
|
|
|
|
|
|
|
ended 31-12-2013 |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
16 |
|
|
|
|
|
|
|
Part-time Employees |
|
|
5 |
|
|
|
|
|
|
|
Total Fte Employees |
|
|
20 |
|
|
|
|
|
|
|
Number of hours worked |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
27,927 |
|
|
|
|
|
|
|
Part-time Employees |
|
|
5,859 |
|
|
|
|
|
|
|
Total |
|
|
33,786 |
|
|
|
|
|
|
|
Personnel Charges |
|
|
|
|
|
|
|
|
|
|
Full-time Employees |
|
|
|
1,069,560 |
|
|
|
|
|
|
Part-time Employees |
|
|
224,379 |
|
|
|
|
|
|
|
Total |
|
|
|
1,293,938 |
|
|
|
|
|
|
Benefits In Addition To Wages |
|
|
- |
|
|
|
|
|
|
|
During the previous reporting year |
|
|
|
|
|
|
|
|
|
|
Average number employees in Fte |
|
|
19 |
|
|
|
|
|
|
|
Actual working hours |
|
|
31,155 |
|
|
|
|
|
|
|
Personnel Charges |
|
|
|
1,106,119 |
|
|
|
|
|
|
Benefits In Addition To Wages |
|
|
- |
|
|
|
|
|
|
|
Type
of Contract |
Full-Time |
|
|
Part-Time |
|
|
Total Fte |
|
|
|
Unlimited Duration |
17 |
|
4 |
|
|
|
20 |
|
|
|
Contracts |
|
|
|
|
|
|
|
|
|
|
Limited Duration Contracts |
- |
|
- |
|
|
|
- |
|
|
|
Contracts For Specific Work |
- |
|
- |
|
|
|
- |
|
|
|
Contracts Regarding Substitution |
- |
|
- |
|
|
|
- |
|
|
Gender
and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
8 |
- |
8 |
|
Secondairy education |
5 |
- |
5 |
|
Higher education (non |
1 |
- |
1 |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
2 |
2 |
4 |
|
Secondairy education |
1 |
1 |
1 |
|
Higher education (non |
- |
1 |
1 |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
6 |
3 |
8 |
|
Blue collar worker |
11 |
1 |
11 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
|
Average number of temporary staff |
0 |
|
|
Actual working hours |
|
366 |
|
|
Cost of temporary staff |
|
7,264 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
1 |
1 |
2 |
|
Leavers |
- |
2 |
2 |
|
Total
of formal continuing vocational training
initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number of employees |
3 |
3 |
|
Number of training hours |
116 |
40 |
|
Net costs for enterprise |
2,364 |
250 |
|
Total of less formal and informal
continuing vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
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 |
46720 |
|
Activity description |
Wholesale of metals and metal ores |
|
industry average credit rating |
69.32 |
|
Industry average credit limit |
193568.18 |
|
Payment
Information Summary |
|
|
Total number of Invoices available |
1 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
1 |
|
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 |
0 |
|
Total number of Invoices currently
outstanding beyond the due date |
0 |
|
Suspension
of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
26.08 |
|
Day sales outstanding |
46.83 |
|
Industry comparison |
|
|
Activity code |
46720 |
|
Activity description |
Wholesale of metals and metal ores |
|
Industry average payment |
55.51 |
|
expectation days |
|
|
Industry average day sales |
247.66 |
|
outstanding |
|
|
Industry
quartile analysis |
|
|
Payment expectations |
|
|
Company result |
26.08 |
|
Lower |
81.73 |
|
Median |
58.58 |
|
Upper |
33.83 |
Day sales
outstanding
|
Company result |
46.83 |
|
Lower |
54.30 |
|
Median |
32.31 |
|
Upper |
18.16 |
|
Summary |
|
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Group
Structure
No group structure for this company.
Minority
Shareholders
No minority shareholders found
Minority
Interests
No minority interests found
Individual
Shareholders
SHAREHOLDER NAME
|
Forename |
Robert |
Middle name |
- |
|
Surname |
Heynderick |
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
08/04/1997(estimated) |
End date |
- |
|
Percentage owned |
4% |
|
|
|
SHAREHOLDER
ADDRESS |
|
|
|
|
Street name |
Ravenhofstraat |
House number |
3 |
|
Minor town |
- |
Postal town |
Torhout |
|
Post code |
8820 |
Country |
Belgium |
|
SHAREHOLDER
NAME |
|
|
|
|
Forename |
Jean-Pierre |
Middle name |
- |
|
Surname |
Heynderick |
|
|
|
SHAREHOLDER
DETAILS |
|
|
|
|
Start date |
08/04/1997(estimated) |
End date |
- |
|
Percentage owned |
96% |
|
|
|
Street name |
Bollestraat |
House number |
|
8 |
|
Minor town |
- |
Postal town |
|
Torhout |
|
Post code |
8820 |
Country |
|
Belgium |
|
Companies that match this address |
|
|
|
|
|
Business number |
Company name |
Rating |
Limit |
Date of accounts |
|
682094595 |
STAELENS GEERT |
94 |
4500 |
- |
|
837111483 |
HONGENAE NICK |
81 |
3000 |
- |
|
879153956 |
HONGENAE KRISTOF |
- |
- |
- |
|
Linked
Companies |
|
|
Summary |
|
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Summons
there is no data for this company
Protested
Bills
there is no data for this company
Bankruptcy
and other legal events
there is no data for this company
Current director
details
|
Name |
JEAN-PIERRE ARSEEN HEYNDERICK |
|
Position |
Director |
|
Start Date |
01/08/2003 |
|
Date of birth |
17/07/1957 |
|
Street |
8 BOLLESTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
|
Position |
Chairperson |
|
Start Date |
29/06/2014 |
|
Date of birth |
17/07/1957 |
|
Street |
8 BOLLESTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
Former director
details
|
Name |
JEAN-PIERRE ARSEEN HEYNDERICK |
|
Position |
Chairman of the Board |
|
Start Date |
17/07/2003 |
|
End Date |
Unknown date |
|
Date of birth |
17/07/1957 |
|
Street |
8 BOLLESTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
|
Position |
Managing Director |
|
Start Date |
26/06/2008 |
|
End Date |
26/06/2014 |
|
Date of birth |
17/07/1957 |
|
Street |
8 BOLLESTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
|
Name |
NICOLE CLARA JACOBS |
|
Position |
Director |
|
Start Date |
26/06/2008 |
|
End Date |
26/06/2014 |
|
Date of birth |
05/02/1957 |
|
Street |
8 BOLLESTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
|
Name |
CKP BEDRIJFSREVISOREN BVBA |
|
Position |
Commissioner |
|
Start Date |
16/02/2011 |
|
End Date |
Unknown date |
|
Date of birth |
29/06/1988 |
|
Street |
19 LIEVEN BAUWENSSTRAAT BRUGGE |
|
Post code |
8200 |
|
Country |
Belgium |
|
Name |
ROBERT ROGER HEYNDERICK |
|
Position |
Director |
|
Start Date |
23/05/1997 |
|
End Date |
Unknown date |
|
Date of birth |
26/10/1931 |
|
Street |
3 RAVENHOFSTRAAT TORHOUT |
|
Post code |
8820 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.11 |
|
|
1 |
Rs.97.84 |
|
Euro |
1 |
Rs.71.12 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
SDA |
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.