MIRA INFORM REPORT

 

 

Report No. :

311379

Report Date :

09.03.2015

 

IDENTIFICATION DETAILS

 

Name :

CAPPELLE PIGMENTS NV

 

 

Registered Office :

Kortrijkstraat 153 8930 Menen

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

01.04.1930

 

 

Com. Reg. No.:

405467720

 

 

Legal Form :

Public Limited Liability Company

 

 

Line of Business :

Manufacture of dyes and pigments

 

 

No. of Employee :

163

 

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 – September 30, 2014

 

Country Name

Previous Rating

(30.06.2014)

Current Rating

(30.09.2014)

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 volatility in world markets. Roughly three-quarters of Belgium's trade is with other EU countries, and Belgium has benefited most from its proximity to Germany. In 2013 Belgian GDP grew by 0.1%, the unemployment rate increased to 8.8% from 7.6% the previous year, and the government reduced the budget deficit from a peak of 6% of GDP in 2009 to 3.2%. Despite the relative improvement in Belgium's budget deficit, public debt hovers around 100% of GDP, a factor that has contributed to investor perceptions that the country is increasingly vulnerable to spillover from the euro-zone crisis. Belgian banks were severely affected by the international financial crisis in 2008 with three major banks receiving capital injections from the government, and the nationalization of the Belgian retail arm of a Franco-Belgian bank.

 

 

Source : CIA

 

 

Company summary

 

Business number         405467720

Branche Unit Number   2003550440

Company name            CAPPELLE PIGMENTS NV

Address                       KORTRIJKSTRAAT 153

8930 MENEN

Number of staff            163

Date of establishment   01/04/1930

Telephone number       056521200

Fax number                  056521262

 

 

Ultimate holding company

 

Company name                        Company Number

Cappelle Pigments NV               405467720

 

 

Commentary

 

The business was established over 84 years ago.

 

 

The business has 163 employees.

 

 

The business is part of a group.

 

 

This business has a foreign parent business.

 

 

The business has been at the address for over 11 years.

 

 

The credit rating for this business has decreased from 99 to 82.

 

 

The credit limit for this business has decreased from €2100000 to €1300000.

 

 

Operating Result in the latest trading period decreased 90% on the previous trading period.

 

 

Net Worth decreased by 30% during the latest trading period.

 

 

Pre-tax profits decreased by 250% compared to the previous trading period.

 

 

The business saw a decrease in their Cash Balance of 45% during the latest trading period.

 

 

 

 

Accounts

 

DATE OF LATEST ACCOUNTS 

TURNOVER

PROFIT BEFORE TAX            

NET WORTH

WORKING CAPITAL

31/12/2013

62,502,125

-1,259,327

25,374,715

11,825,037

31/12/2012

64,409,328

835,441

36,546,998

26,111,198

31/12/2011

71,875,788

2,631,756

40,665,185

28,421,568

                       

 

Accounts

 

DATE OF LATEST           ACCOUNTS     

   

BALANCE TOTAL

NUMBER OF EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

51,572,966

163

9,420,060

2,203,536

31/12/2012

55,329,182

187

9,420,060

-2,557,571

31/12/2011

61,445,432

0

9,420,060

4,191,283

                   

                   

Payment expectations

 

Past payments

 

 

Payment expectation days

57.57

 

Industry average payment expectation days

54.15

 

Industry average day sales

outstanding

95.91

 

Day sales outstanding

74.46

 

 

Court data summary

 

BANKRUPTCY DETAILS

Court action type                      no

 

PROTESTED BILLS

Bill amount                             

 

NSSO DETAILS

Date of summons                     -

 

 

Company information

 

Business number                     405467720        Company name                        CAPPELLE PIGMENTS NV

Fax number                              056521262        Date founded                            01/04/1930

Company status                       active               Company type                          Public Limited Liability Company (BE)

Currency                                  Euro (€)            Date of latest accounts             31/12/2013

Activity code                            20120               Liable for VAT                          yes

Activity description                  Manufacture of dyes and pigments

VAT Number                            BE.0405.467.720 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                                              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                                            15/03/2013

Event Description                                 re-appointment of director(s)

Event Details                                        Commentaar 15-03-2013: Herbenoemd als bestuurder tot en met de jaarvergadering van tweeduizend en zeventien: BVBA MLO International.

 

 

Company accounts

 

 

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

19,771,426

10.28

17,927,995

-19.13

22,167,567

-0.04

22,175,847

-0.58

22,304,363

Intangible  fixed  assets

881,434

660

115,847

11.58

103,828

192

35,488

-

0

Tangible  fixed  assets

13,426,020

-2.86

13,820,771

-1.79

14,072,362

-0.55

14,150,527

-0.28

14,190,378

Land  &  building

5,591,890

-4.06

5,828,716

-4.27

6,088,773

-3.37

6,301,163

1.09

6,233,049

Plant  &  machinery

6,961,728

14.76

6,066,553

-13.22

6,990,770

-3.39

7,236,085

-0.33

7,259,830

Furniture  &  Vehicles

14,815

-43.97

26,443

54.79

17,083

-36.37

26,849

-43.77

47,747

Leasing  &  Other  Similar  Rights

-

-

-

-

-

-

-

-

-

Other  tangible  assets

857,587

-54.84

1,899,059

94.63

975,736

66.39

586,430

-9.75

649,752

Financial  fixed  assets

5,463,971

36.89

3,991,377

-50.05

7,991,377

0.02

7,989,832

-1.53

8,113,985

Total  current  assets

31,801,540

-14.97

37,401,187

-4.78

39,277,865

4.00

37,767,581

17.33

32,187,851

Inventories

15,833,637

-0.72

15,948,540

4.08

15,323,450

-11.34

17,283,864

104

8,447,736

Raw  materials  &  consumables

4,883,709

-8.16

5,317,471

0.07

5,313,819

-5.10

5,599,185

204

1,838,138

Work  in  progress

1,776,057

-3.41

1,838,796

29.04

1,424,987

-46.61

2,669,097

96.35

1,359,386

Finished  goods

9,173,872

4.34

8,792,273

2.42

8,584,644

-4.78

9,015,582

71.72

5,250,212

Other  stocks

-1

-

0

-

0

-

0

-

0

Trade  debtors

12,749,580

-1.95

13,002,625

-18.00

15,857,137

2.54

15,464,584

-0.41

15,527,542

Other  amounts  receivable

1,402,854

-15.76

1,665,338

39.38

1,194,814

-46.08

2,215,780

-11.39

2,500,675

Cash

1,655,156

-45.36

3,029,471

-55.26

6,771,624

153

2,669,573

-52.66

5,639,137

Miscellaneous  current  assets

159,813

-95.74

3,754,713

2780

130,340

-2.21

133,280

103

65,390

Total  Assets

51,572,966

-6.79

55,329,182

-9.95

61,445,432

2.51

59,943,428

10.00

54,492,214

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

26,256,149

-28.38

36,662,845

-10.07

40,769,013

6.34

38,339,767

13.83

33,681,382

Issued  share  capital

9,420,060

0

9,420,060

0

9,420,060

0

9,420,060

0

9,420,060

Share  premium  account

589,170

0

589,170

0

589,170

0

589,170

0

589,170

Revaluation  reserve

8,115,621

-8.91

8,909,193

-5.06

9,383,617

-4.80

9,856,999

-4.23

10,291,854

Reserves

8,131,298

-54.18

17,744,422

-16.99

21,376,166

15.71

18,473,538

38.07

13,380,298

Provisions  for  Liabilities  &

2,336,188

-26.44

3,175,940

-1.64

3,229,045

14.93

2,809,693

23.88

2,268,132

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

4,126

-45.34

7,548

-39.62

12,501

-32.43

18,502

-26.79

25,274

Creditors

22,976,503

48.40

15,482,849

-11.20

17,434,873

-7.14

18,775,466

1.39

18,517,426

Other  long  term  loans

3,000,000

-28.45

4,192,860

-36.26

6,578,576

43.91

4,571,438

-20.00

5,714,292

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

5,340,314

-27.60

7,376,348

-24.89

9,820,122

32.71

7,399,633

-7.59

8,007,698

Current  portion  of  long  term  debt

-

-

1,671,428

-25.48

2,242,853

96.25

1,142,848

0.00

1,142,851

Financial  debts

4,800,000

-

-

-

-

-

-

-

-

Trade  creditors

9,844,355

34.18

7,336,868

31.49

5,579,693

-45.38

10,215,048

10.36

9,256,089

Amounts  Payable  for  Taxes,

4,416,139

96.62

2,245,999

3.16

2,177,215

0.36

2,169,357

-2.66

2,228,727

Remuneration  &  Social  Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

916,009

2466

35,694

-95.83

856,536

26.56

676,775

285

175,467

Total  current  liabilities

19,976,503

76.94

11,289,989

3.99

10,856,297

-23.57

14,204,028

10.94

12,803,134

Total  Liabilities

51,572,966

-6.79

55,329,182

-9.95

61,445,432

2.51

59,943,428

10.00

54,492,214

 

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

-2.01

-254

1.30

-64.48

3.66

-49.17

7.20

77.50

-9.29

Return  on  capital  employed

-3.99

-310

1.90

-63.46

5.20

-52.86

11.03

83.75

-13.17

Return  on  total  assets  employed

-2.44

-261

1.51

-64.72

4.28

-49.11

8.41

83.43

-10.08

Return  on  net  assets  employed

-4.80

-310

2.28

-64.71

6.46

-50.91

13.16

80.69

-16.31

Sales  /  net  working  capital

5.29

114

2.47

-2.37

2.53

-14.81

2.97

-2.62

3.05

Stock  turnover  ratio

25.33

2.30

24.76

16.14

21.32

-13.58

24.67

72.64

14.29

Creditor  days

57.57

36.36

42.22

42.35

29.66

-47.98

57.02

7.85

52.87

Debtor  days

74.46

1.06

73.68

-8.51

80.53

-0.06

80.58

-15.94

95.86

SHORT  TERM  STABILITY

Current  ratio

1.59

-51.96

3.31

-8.56

3.62

36.09

2.66

5.98

2.51

Liquidity  ratio  /  acid  ratio

0.80

-57.89

1.90

-14.03

2.21

53.47

1.44

-22.16

1.85

Current  debt  ratio

0.76

145

0.31

14.81

0.27

-27.03

0.37

-2.63

0.38

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

2,203,536

86.16

-2,557,571

-161

4,191,283

-34.50

6,398,820

148

-4,319,720

Net  worth

25,374,715

-30.57

36,546,998

-10.13

40,665,185

6.16

38,304,279

13.73

33,681,382

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

29.71

85.69

16.00

-26.06

21.64

45.23

14.90

-26.82

20.36

Equity  in  percentage

51.80

-21.99

66.40

-0.09

66.46

3.84

64.00

3.54

61.81

Total  debt  ratio

0.96

88.24

0.51

0

0.51

-8.93

0.56

-9.68

0.62

Working  capital

11,825,037

-54.71

26,111,198

-8.13

28,421,568

20.62

23,563,553

21.56

19,384,717

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

66,156,011

-0.38

66,406,456

-6.49

71,015,054

-4.14

74,080,637

38.55

53,468,025

Turnover

62,502,125

-2.96

64,409,328

-10.39

71,875,788

2.61

70,046,237

18.47

59,126,256

Total  operating  expenses

62,409,910

-1.61

63,431,411

-7.63

68,672,930

5.03

65,384,110

2.31

63,905,732

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

66,063,796

0.97

65,428,539

-3.52

67,812,196

-2.31

69,418,510

19.18

58,247,501

Employee  costs

13,946,520

2.83

13,562,986

-2.32

13,885,117

23.30

11,261,609

-6.51

12,045,885

Wages  and  salary

9,366,911

0.66

9,305,576

-

-

-

8,245,945

-2.95

8,496,225

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security  contributions

3,830,532

11.28

3,442,354

-

-

-

2,326,211

-1.28

2,356,359

Other  employee  costs

749,077

-8.10

815,056

-

0

-100

689,453

-42.22

1,193,301

Director  remuneration

-

-

662,681

-

-

-

781,373

18.74

658,031

Amortization  and  depreciation

2,003,586

30.19

1,538,980

7.80

1,427,677

24.67

1,145,154

9.25

1,048,166

Operating  result

92,215

-90.57

977,917

-69.47

3,202,858

-31.30

4,662,127

97.54

-4,779,476

Total  financial  income

417,374

-66.29

1,238,158

17.39

1,054,774

13.97

925,481

25.67

736,466

Total  financial  expenses

1,768,915

28.12

1,380,634

-15.08

1,625,876

199

543,628

-62.48

1,448,996

Results  on  ordinary  operations

-1,259,327

-250

835,441

-68.26

2,631,756

-47.82

5,043,980

91.84

-5,492,006

before  taxation

 

 

 

 

 

 

 

 

 

Extraordinary  Income

1,460,870

2216

63,055

-50.84

128,260

-44.04

229,210

62.58

140,985

Extraordinary  Charges

2,688

-99

5,000,000

2369568

211

-

-

-

36,436

Extraordinary  items

1,458,182

29.54

-4,936,945

-3955

128,049

-44.13

229,210

119

104,549

Results  for  the  Year  Before

198,855

4.85

-4,101,504

-248

2,759,805

-47.66

5,273,190

97.88

-5,387,457

Other Appropriation

-

-

-

-

-

-

-

-

-

Taxation

2,327

-

-

-

2,200

-91.63

26,296

221

-11,896

Results  on  ordinary  operations

-1,261,654

-251

835,441

-68.23

2,629,556

-47.59

5,017,684

91.56

-5,480,110

after  taxation

 

 

 

 

 

 

 

 

 

Net  result

199,950

4.88

-4,096,551

-248

2,763,606

-47.40

5,253,666

97.87

-5,367,886

Profit  (Loss)  for  the  Year  to  be appropiated

199,950

4.88

-4,096,551

-248

2,763,606

-47.40

5,253,666

97.87

-5,367,886

Dividends

10,600,000

-

-

-

322,704

-44.56

582,130

-

-

 

 

Social Balance  Sheet Details                                                                                                                                                                               

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet

 

 

 

Total

 

 

 

 

 

During  the  reporting  year

 

 

 

 

 

 

 

 

 

ended  31-12-2013

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

165

 

 

 

 

 

Part-time  Employees

 

 

 

18

 

 

 

 

 

Total  Fte  Employees

 

 

 

178

 

 

 

 

 

Number  of  hours  worked

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

251,131

 

 

 

 

 

Part-time  Employees

 

 

 

20,631

 

 

 

 

 

Total

 

 

 

271,762

 

 

 

 

 

Personnel  Charges

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

12,875,795

 

 

 

 

 

Part-time  Employees

 

 

 

1,070,724

 

 

 

 

 

Total

 

 

 

13,946,520

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

During  the  previous  reporting  year

 

 

 

 

 

 

 

 

 

Average  number  employees  in  Fte

 

 

 

197

 

 

 

 

 

Actual  working  hours

 

 

 

291,874

 

 

 

 

 

Personnel  Charges

 

 

 

13,562,986

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

Type  of  Contract

Full-Time

 

 

Part-Time

 

 

Total  Fte

 

 

Unlimited  Duration

147

 

 

23

 

 

163

 

 

Contracts

 

 

 

 

 

 

 

 

 

Limited  Duration  Contracts

-

 

 

-

 

 

-

 

 

Contracts  For  Specific  Work

-

 

 

-

 

 

-

 

 

Contracts  Regarding

-

 

 

-

 

 

-

 

 

Gender  and  Education Level

Men

 

Full-Time

Part-Time

Total  Fte

Primary  education

7

-

7

Secondairy  education

87

16

99

Higher  education  (non

26

2

27

university)

 

 

 

Higher  education

3

-

3

(university)

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

10

3

12

Higher  education  (non

10

1

11

university)

 

 

 

Higher  education

4

1

5

(university)

 

 

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

48

7

53

Blue  collar  worker

99

16

111

Other

-

-

-

Temporary  personnel

 

Total

 

 

Average  number  of  temporary  staff

2

 

Actual  working  hours

 

3,543

 

Cost  of  temporary  staff

 

346,351

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

9

-

9

Leavers

27

3

29

 

Total  of  formal  continuing  vocational  training  initiatives

 

 

for  workers  paid  by  the  employer

Male

Female

Number  of  employees

21

1

Number  of  training  hours

1,107

56

Net  costs  for  enterprise

41,801

1,901

Total  of  less  formal  and  informal  continuing  vocational

 

 

training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

44

6

Number  of  training  hours

269

20

Net  costs  for  enterprise

15,480

945

Total  of  initial  training  initiatives  at  the  expense  of  the

 

 

employer

Male

Female

Number  of  employees

-

-

Number  of  training  hours

-

-

Net  costs  for  enterprise

-

-

 

 

Payment Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

88

Total  number  of  Invoices  paid  within  or  up  to  30  days  after  the  due  date

41

Total  number  of  Invoices  paid  more  than  30  days  after  the  due  date

8

Total  number  of  Invoices  currently  outstanding  where  the  due  date  has  not  yet  been  reached

39

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

Suspension  of  payments  /  moratorium  history

Amount

-

Details

-

Payment  expectations

 

Payment  expectation  days

57.57

Day  sales  outstanding

74.46

Industry  comparison

 

Activity  code

20120

Activity  description

Manufacture  of  dyes  and  pigments

Industry  average  payment

54.15

expectation  days

 

Industry  average  day  sales

95.91

outstanding

 

 

Industry  quartile  analysis

Payment  expectations

 

Company  result

57.57

Lower

138.35

Median

64.66

Upper

47.38

 

Day  sales  outstanding

Company  result

74.46

Lower

73.12

Median

44.29

Upper

25.84

 

 

Shareholder Details              

 

Summary

 

 

 

 

 

Group  -  Number  of  Companies

7

 

 

 

 

Linkages  -  Number  of  Companies

0

 

 

 

 

Number  of  Countries

0

 

 

 

 

Group  Structure

 

 

 

 

 

Company  name

 

Number

Latest

 

 

 

 

financials

 

CAPPELLE  PIGMENTS  NV

 

405467720

31-12-2013

 

CAPPELLE  CHINA  HOLDING  NV

 

870327253

31-12-2008

 

CAPPELLE  PIGMENTS  (TIANJIN)  LTD

CAPPELLE  FRERES  S.R.L.  BO

CAPPELLE  INCORPORATED  BO

CAPPELLE  PIGMENTS  (TIANJIN)  LTD  BO

CAPPELLE  PIGMENTS  SAS  BO

 

Minority  Shareholders

No  minority  shareholders  found

 

Minority  Interests

No  minority  interests  found

 

Companies  that  match  this  address

Business  number

Company  name

Date  of  accounts

527692074

MISTIAEN  ANDRÉ  MARCEL

-

870327253

CAPPELLE  CHINA  HOLDING  NV

31/12/2008

Linked  Companies

 

 

 

Summary

 

Group  -  Number  of  Companies

7

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

 

 

Director details

 

Current Director Details

 

Name

HAYO  INTERNATIONAL  BVBA

Position

Managing  Director

Start  Date

01/04/2014

End  Date

29/05/2017

Date  of  birth

11/03/2013

Street

3 VICTOR  MERTENSSTRAAT  HALLE

Post  code

1501

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

01/08/2013

Date  of  birth

11/03/2013

Street

3 VICTOR  MERTENSSTRAAT  HALLE

Post  code

1501

Country

Belgium

Name

MLO  INTERNATIONAL  BVBA

Position

Managing  Director

 

 

Start  Date

15/03/2013

 

Name

HAYO  INTERNATIONAL  BVBA

Position

Managing  Director

Start  Date

01/04/2014

End  Date

29/05/2017

Date  of  birth

11/03/2013

Street

3 VICTOR  MERTENSSTRAAT  HALLE

Post  code

1501

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

01/08/2013

Date  of  birth

11/03/2013

Street

3 VICTOR  MERTENSSTRAAT  HALLE

Post  code

1501

Country

Belgium

 

 

Name

MLO  INTERNATIONAL  BVBA

Position

Managing  Director

Start  Date

15/03/2013

Date  of  birth

22/06/2006

Street

93 APOSTELHUIZEN  GENT

Post  code

9000

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

26/06/2009

Date  of  birth

22/06/2006

Street

93 APOSTELHUIZEN  GENT

Post  code

9000

Country

Belgium

 

 

Name

GUY  VANHAUTEGHEM  BVBA

 

Position

Director

Start  Date

15/03/2013

End  Date

29/05/2017

Date  of  birth

24/09/2007

Street

255 REYTSTRAAT  OUDENAARDE

Post  code

9700

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

15/03/2013

Date  of  birth

24/09/2007

Street

255 REYTSTRAAT  OUDENAARDE

Post  code

9700

Country

Belgium

 

 

Name

GUY  MARCEL  ALBERT  VANHAUTEGHEM

Position

Director

Start  Date

15/03/2013

End  Date

29/05/2017

Date  of  birth

02/02/1961

Street

255 REYTSTRAAT  OUDENAARDE

Post  code

9700

Country

Belgium

 

 

Name

HANS  HERPOEL

Position

Director

Start  Date

15/03/2013

Street

93 APOSTELHUIZEN  GENT

Post  code

9000

Country

Belgium

 

 

 

Current  mandates  in  other  companies    

Name

Cappelle  China  Holding  NV

Business  number

870327253

Position

Director

Start  Date

26/06/2009

 

 

Business  number

870327253

Position

Legal  Representative

Start  Date

26/06/2009

 

Former  director  details  

Name

HAYO  INTERNATIONAL  BVBA

Position

Director

Start  Date

01/08/2013

End  Date

31/03/2014

Date  of  birth

11/03/2013

Street

3 VICTOR  MERTENSSTRAAT  HALLE

Post  code

1501

Country

Belgium

 

 

Name

MLO  INTERNATIONAL  BVBA

Position

Director

Start  Date

26/06/2009

End  Date

31/12/2012

Date  of  birth

22/06/2006

Street

93 APOSTELHUIZEN  GENT

Post  code

9000

Country

Belgium

 

 

Name

ALBERT  DANIEL  CAPPELLE

Position

Director

Start  Date

21/12/2009

End  Date

31/05/2010

Date  of  birth

09/11/1955

Street

12 CHEMIN  DES  PČLERINS  DOORNIK

Post  code

7542

Country

Belgium

 

 

Name

ANDRÉ  CAPELLE

Position

Director

Start  Date

05/10/2007

End  Date

Unknown  date

Street

12 CHEMIN  DES  PÉLERINS  DOORNIK

Post  code

7542

Country

Belgium

 

 

Name

IVAN  VANWYNSBERGHE

Position

Managing  Director

Start  Date

24/04/1991

End  Date

22/12/2008

Street

26 EEKHOFSTRAAT  IEPER

Post  code

8902

Country

Belgium

 

 

Name

BERNARD  VAN  MAELE

Position

Managing  Director

Start  Date

05/01/2009

End  Date

Unknown  date

Street

88 RUE  DES  AUBÉPINES

Post  code

L-1145

Country

Luxembourg

 

 

Position

Director

Start  Date

05/01/2009

End  Date

Unknown  date

Street

88 RUE  DES  AUBÉPINES

Post  code

L-1145

Country

Luxembourg

 

 

Name

ALDO  CAPPELLE

Position

Director

Start  Date

02/11/2009

End  Date

Unknown  date


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.62.20

UK Pound

1

Rs.94.71

Euro

1

Rs.68.60

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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%)

PRIVATE & CONFIDENTIAL : This information is provided to you at your request, you having employed MIPL for such purpose. You will use the information as aid only in determining the propriety of giving credit and generally as an aid to your business and for no other purpose. You will hold the information in strict confidence, and shall not reveal it or make it known to the subject persons, firms or corporations or to any other. MIPL does not warrant the correctness of the information as you hold it free of any liability whatsoever. You will be liable to and indemnify MIPL for any loss, damage or expense, occasioned by your breach or non observance of any one, or more of these conditions

This report is issued at your request without any risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL) or its officials.