MIRA INFORM REPORT

 

 

Report No. :

312123

Report Date :

14.03.2015

 

IDENTIFICATION DETAILS

 

Name :

IMCOMA NV

 

 

Registered Office :

Zwaarveld 32, 9220 Hamme

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

01.08.1979

 

 

Com. Reg. No.:

419762649

 

 

Legal Form :

Public Limited Liability Company (BE)

 

 

Line of Business :

Non-specialised wholesale trade

 

 

No of Employees :

6

 

 

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 :

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 – 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 Risk

 

A2

Moderate Low Risk

 

B1

Moderate Risk

B2

Moderate High Risk

 

C1

High Risk

C2

Very High Risk

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                                             419762649

Branche Unit Number                                       2016640688

Company name                                                IMCOMA NV

Address                                                           ZWAARVELD 32

9220 HAMME

Number of staff                                                6

Date of establishment                                       01/08/1979

Telephone number                                           052499899

Fax number                                                      052470776

 

 

Ultimate holding company

 

Company name                        Company Number

Bremhove NV                            455526549

 

 

Commentary

 

The business was established over 35 years ago.

The business has 5 employees.

The business is part of a group.

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

The credit rating for this business has decreased from 90 to 82.

The credit limit for this business has decreased from €240000 to €220000.

Operating Result in the latest trading period decreased 83% on the previous trading period.

The business saw an increase in their Cash Balance of 239% during the latest trading period.

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2013

6,413,973

-13,646

1,736,694

1,587,230

31/12/2012

6,665,839

-19,978

1,750,563

1,578,989

31/12/2011

8,039,045

179,171

1,772,891

1,624,200

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

5,296,834

6

250,000

86,719

31/12/2012

5,361,539

7

250,000

84,216

31/12/2011

5,428,911

7

250,000

232,815

 

 

Trends

Profitability

Liquidity

Net worth

 

Payment expectations

 

Past  payments

 

Payment  expectation  days

45.05

Industry  average  payment expectation  days

87.82

Industry  average  day  sales outstanding

117.27

Day  sales  outstanding

65.10

 

 

 

 

Court data summary

 

BANKRUPTCY DETAILS

Court action type                                  no

 

PROTESTED BILLS

Bill amount                                          -

 

NSSO DETAILS

Date of summons                                

 

 

Company information

 

Business  number

419762649

Company  name

IMCOMA  NV

Fax  number

052470776

Date  founded

01/08/1979

Company  status

active

Company  type

Public  Limited  Liability

 

 

 

Company  (BE)

Currency

Euro  (€)

Date  of  latest  accounts

31/12/2013

Activity  code

46900

Liable  for  VAT

yes

Activity  description

Non-specialised  wholesale trade

VAT  Number

BE.0419.762.649  Check  VAT number

Belgian  Bullettin  of  Acts

moniteur  belge

 

 

 

 

Contractor details

Registered contractor number              -

Contractor description                                     -                      

Date struck off register

 

Personnel (NSSO classification)

Code                                                                -

Description                                                      -

 

Joint Industrial Committee (JIC)

JIC Code                                                          100

Description                                                      Additional joint committee for labourers

Category

 

JIC Code                                                          218

Description                                                      Additional national joint committee for the employees

category

 

 

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

775,834

-10.98

871,574

-8.13

948,692

-10.19

1,056,349

-7.50

1,141,996

 

 

 

 

 

 

 

 

 

 

Intangible  fixed  assets

0

-

0

-

0

-

0

-100

381

 

 

 

 

 

 

 

 

 

 

Tangible  fixed  assets

775,834

-10.98

871,574

-8.13

948,692

-10.19

1,056,349

-7.13

1,137,455

Land  &  building

742,992

-9.56

821,566

-9.18

904,614

-8.41

987,679

-7.78

1,070,965

Plant  &  machinery

14,350

-43.06

25,201

-38.03

40,663

-8.51

44,447

54.38

28,790

Furniture  &  Vehicles

18,492

-25.46

24,807

626

3,414

-85.91

24,223

-35.75

37,700

Leasing  &  Other  Similar  Rights

0

-

0

-

0

-

0

-

-

Other  tangible  assets

0

-

0

-

0

-

0

-

0

 

 

 

 

 

 

 

 

 

 

Financial  fixed  assets

0

-

0

-

0

-

0

-100

4,160

 

 

 

 

 

 

 

 

 

 

Total  current  assets

4,521,000

0.69

4,489,965

0.22

4,480,219

1.99

4,392,723

-7.13

4,729,853

 

 

 

 

 

 

 

 

 

 

Inventories

1,429,982

-0.99

1,444,215

5.69

1,366,428

-12.14

1,555,215

3.16

1,507,542

Raw  materials  &  consumables

0

-

0

-

0

-

0

-

-

Work  in  progress

0

-

0

-

0

-

0

-

0

Finished  goods

1,429,982

-0.99

1,444,215

5.69

1,366,428

-10.81

1,531,958

7.07

1,430,822

Other  stocks

0

-

0

-

0

-100

23,257

-69.69

76,720

 

 

 

 

 

 

 

 

 

 

Trade  debtors

1,143,956

-19.01

1,412,472

5.75

1,335,670

-13.21

1,538,906

-31.90

2,259,805

Other  amounts  receivable

1,065,685

-4.92

1,120,850

38.54

809,040

68.92

478,960

876

49,057

 

 

 

 

 

 

 

 

 

 

Cash

521,191

239

153,697

-74.96

613,891

27.87

480,079

-13.16

552,858

 

 

 

 

 

 

 

 

 

 

Miscellaneous  current  assets

33,746

4.51

32,291

12.31

28,751

119

13,124

-61.57

34,152

 

 

 

 

 

 

 

 

 

 

Total  Assets

5,296,834

-1.21

5,361,539

-1.24

5,428,911

-0.37

5,449,072

-7.20

5,871,849

 

 

Liabilities

 

Total  shareholders  equity

1,736,694

-0.79

1,750,563

-1.26

1,772,891

7.90

1,643,109

8.84

1,509,657

 

 

 

 

 

 

 

 

 

 

Issued  share  capital

250,000

0

250,000

0

250,000

0

250,000

0

250,000

 

 

 

 

 

 

 

 

 

 

Share  premium  account

0

-

0

-

0

-

0

-

-

 

 

 

 

 

 

 

 

 

 

Revaluation  reserve

0

-

0

-

0

-

0

-

-

 

 

 

 

 

 

 

 

 

 

Reserves

1,486,694

-0.92

1,500,563

-1.47

1,522,891

9.32

1,393,109

10.59

1,259,657

Provisions  for  Liabilities  &  Charges

26,370

-

0

-

0

-

0

-100

287,484

 

 

 

 

 

 

 

 

 

 

Deffered  taxes

0

-

0

-

0

-

0

-

-

 

 

 

 

 

 

 

 

 

 

Creditors

3,533,770

-2.14

3,610,976

-1.23

3,656,020

-3.94

3,805,963

-6.60

4,074,708

 

 

 

 

 

 

 

 

 

 

Other  long  term  loans

600,000

-14.29

700,000

-12.50

800,000

-23.29

1,042,864

-18.89

1,285,720

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

626,370

-10.52

700,000

-12.50

800,000

-23.29

1,042,864

-33.71

1,573,204

 

 

 

 

 

 

 

 

 

 

Current  portion  of  long  term  debt

100,000

0

100,000

-58.82

242,864

0.00

242,856

0

242,856

Financial  debts

2,000,000

0

2,000,000

0

2,000,000

-1.96

2,040,000

-8.93

2,240,000

Trade  creditors

790,869

15.86

682,579

43.14

476,863

32.22

360,652

81.10

199,141

Amounts  Payable  for  Taxes, Remuneration  &  Social  Security

42,901

-63.93

118,939

1.25

117,466

10.10

106,691

15.08

92,714

 

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

0

-100

9,458

-49.76

18,826

45.94

12,900

-9.64

14,277

Total  current  liabilities

2,933,770

0.78

2,910,976

1.92

2,856,020

3.36

2,763,099

-0.93

2,788,988

Total  Liabilities

5,296,834

-1.21

5,361,539

-1.24

5,428,911

-0.37

5,449,072

-7.20

5,871,849

 

 

Ratio analysis

 

TRADING  PERFORMANCE

 

Profit  Before  Tax

-0.21

70.0

-0.30

-113

2.23

-43.97

3.98

126

1.76

 

 

 

 

 

 

 

 

 

 

Return  on  capital  employed

-0.58

70.73

-0.82

-111

6.96

-36.90

11.03

151

4.38

 

 

 

 

 

 

 

 

 

 

Return  on  total  assets  employed

-0.26

70.27

-0.37

-111

3.30

-39.34

5.44

136

2.30

 

 

 

 

 

 

 

 

 

 

Return  on  net  assets  employed

-0.79

69.30

-1.14

-111

10.11

-43.96

18.04

101

8.94

 

 

 

 

 

 

 

 

 

 

Sales  /  net  working  capital

4.04

-4.27

4.22

-14.75

4.95

8.32

4.57

15.70

3.95

 

 

 

 

 

 

 

 

 

 

Stock  turnover  ratio

22.29

2.86

21.67

27.47

17.00

-18.54

20.87

6.15

19.66

 

 

 

 

 

 

 

 

 

 

Creditor  days

45.05

19.88

37.58

67.92

22.38

19.81

18.68

90.81

9.79

Debtor  days

65.10

-15.83

77.34

27.54

60.64

-19.56

75.39

-29.92

107.58

 

SHORT  TERM  STABILITY

 

Current  ratio

1.54

0

1.54

-1.91

1.57

-1.26

1.59

-6.47

1.70

 

 

 

 

 

 

 

 

 

 

Liquidity  ratio  /  acid  ratio

1.05

0

1.05

-3.67

1.09

5.83

1.03

-11.21

1.16

 

 

 

 

 

 

 

 

 

 

Current  debt  ratio

1.69

1.81

1.66

3.11

1.61

-4.17

1.68

-9.19

1.85

 

 

 

 

 

 

 

 

 

 

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

 

 

 

 

 

 

 

 

 

 

Cashflow

86,719

2.97

84,216

-63.83

232,815

-4.64

244,138

44.64

168,791

 

 

 

 

 

 

 

 

 

 

Net  worth

1,736,694

-0.79

1,750,563

-1.26

1,772,891

7.90

1,643,109

8.87

1,509,276

 

LONG  TERM  STABILITY

 

Gearing

155.47

-2.80

159.95

-6.81

171.63

-15.20

202.40

-18.92

249.63

 

 

 

 

 

 

 

 

 

 

Equity  in  percentage

32.79

0.43

32.65

-0.03

32.66

8.33

30.15

17.27

25.71

 

 

 

 

 

 

 

 

 

 

Total  debt  ratio

2.05

-0.49

2.06

0

2.06

-11.21

2.32

-19.72

2.89

 

 

 

 

 

 

 

 

 

 

Working  capital

1,587,230

0.52

1,578,989

-2.78

1,624,200

-0.33

1,629,624

-16.04

1,940,865

 

 

Profit & loss

 

Operating  Income

6,433,673

-3.83

6,689,600

-17.01

8,060,560

7.36

7,507,889

-4.15

7,833,146

Turnover

6,413,973

-3.78

6,665,839

-17.08

8,039,045

7.90

7,450,321

-2.83

7,667,025

Total  operating  expenses

6,408,189

-3.35

6,630,221

-14.74

7,776,229

10.35

7,046,732

-5.06

7,422,162

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

 

 

 

 

 

 

 

 

 

 

Operating  Charges

6,427,889

-3.40

6,653,983

-14.67

7,797,744

9.76

7,104,300

-6.38

7,588,283

Employee  costs

343,169

-28.50

479,952

6.96

448,728

-0.86

452,601

-31.96

665,214

Wages  and  salary

233,110

-29.55

330,907

8.57

304,791

2.18

298,290

-34.83

457,729

Employee  pension  costs

4,208

-

0

-

0

-

0

-

-

Social  security  contributions

89,361

-25.81

120,457

4.46

115,310

-2.78

118,602

-31.78

173,849

Other  employee  costs

16,491

-42.32

28,588

-0.14

28,627

-19.83

35,709

6.16

33,636

Director  remuneration

0

-

0

-

0

-

0

-

-

 

 

 

 

 

 

 

 

 

 

Amortization  and  depreciation

100,588

-5.59

106,545

3.41

103,033

-6.91

110,686

-0.80

111,576

 

 

 

 

 

 

 

 

 

 

Operating  result

5,784

-83.76

35,617

-86.45

262,816

-34.88

403,589

64.82

244,863

Total  financial  income

49,688

54.11

32,243

18.63

27,179

63.88

16,585

-66.23

49,113

 

 

 

 

 

 

 

 

 

 

Total  financial  expenses

69,118

-21.31

87,838

-20.74

110,825

-10.50

123,830

-22.11

158,979

 

 

 

 

 

 

 

 

 

 

Results  on  ordinary  operations  before taxation

-13,646

68.30

-19,978

-111

179,171

-39.54

296,344

119

134,997

 

 

 

 

 

 

 

 

 

 

Extraordinary  Income

0

-100

31,804

-

0

-

0

-100

28,306

 

 

 

 

 

 

 

 

 

 

Extraordinary  Charges

0

-

0

-100

6,491

-94.40

116,000

14.94

100,923

 

 

 

 

 

 

 

 

 

 

Extraordinary  items

0

-100

31,804

489

-6,491

5.60

-116,000

-59.74

-72,617

 

 

 

 

 

 

 

 

 

 

Results  for  the  Year  Before  Taxation

-13,646

-215

11,826

-93.15

172,680

-4.25

180,344

189

62,380

 

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

 

 

 

 

 

 

 

 

 

 

Taxation

223

-99

34,154

-20.38

42,898

-8.52

46,892

807

5,165

Results  on  ordinary  operations  after taxation

-13,869

25.62

-54,133

-139

136,273

-45.37

249,452

92.13

129,832

 

 

 

 

 

 

 

 

 

 

Net  result

-13,869

62.11

-22,329

-117

129,782

-2.75

133,452

133

57,215

 

 

 

 

 

 

 

 

 

 

Profit  (Loss)  for  the  Year  to  be appropriated

-13,869

62.11

-22,329

-117

129,782

-2.75

133,452

133

57,215

 

 

 

 

 

 

 

 

 

 

Dividends

0

-

0

-

0

-

0

-

-

 

 

Social Balance Sheet Details

 

Social Balance Sheet Details

 

Social Balance Sheet                                                               Total

During the reporting year ended 31-12-2013

Full-time Employees                                                                6

Part-time Employees                                                                0

Total Fte Employees                                                                6

 

Number of hours worked

Full-time Employees                                                                8,752

Part-time Employees                                                                0

Total                                                                                        8,752

 

Personnel Charges

Full-time Employees                                                                343,169

Part-time Employees                                                                0

Total                                                                                        343,169

Benefits In Addition To Wages                                                 2,411

 

During the previous reporting year

Average number employees in Fte                                           8

Actual working hours                                                               11,529

Personnel Charges                                                                   479,952

Benefits In Addition To Wages                                                 3,962

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration Contracts

6

0

6

Limited  Duration  Contracts

0

0

0

Contracts  For  Specific  Work

0

0

0

Contracts  Regarding Substitution

0

0

0

 

 

Gender  and  Education Level

 

 

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

2

0

2

Secondairy  education

3

0

3

Higher  education  (non university)

0

0

0

Higher  education (university)

0

0

0

Women

Full-Time

Part-Time

Total  Fte

Primary  education

0

0

0

Secondairy  education

1

0

1

Higher  education  (non university)

0

0

0

Higher education (university)

0

0

0

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

0

0

0

White  collar  worker

2

0

2

Blue  collar  worker

4

0

4

Other

0

0

0

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

0

 

Actual  working  hours

 

0

 

Cost  of  temporary  staff

 

0

 

 

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

0

0

0

Leavers

1

0

1

 

 

Total  of  formal  continuing  vocational  training  initiatives for  workers  paid  by  the  employer

Male

Female

Number  of  employees

0

0

Number  of  training  hours

0

0

Net  costs  for  enterprise

0

0

Total  of  less  formal  and  informal  continuing  vocational training  initiatives  for  workers  paid  by  the  employer

Male

Female

Number  of  employees

0

0

Number  of  training  hours

0

0

Net  costs  for  enterprise

0

0

Total  of  initial  training  initiatives  at  the  expense  of  the employer

Male

Female

Number  of  employees

0

0

Number  of  training  hours

0

0

Net  costs  for  enterprise

0

0

 

 

Industry comparison

 

Activity code                            46900

Activity description                  Non-specialised wholesale trade

 

Payment Information

 

Payment Information Summary

Total number of Invoices available                                                                                                         37

Total number of Invoices paid within or up to 30 days after the due date                                               28

Total number of Invoices paid more than 30 days after the due date                                                      5

Total number of Invoices currently outstanding where the due date has not yet been reached   2

Total number of Invoices currently outstanding beyond the due date                                                     0

 

Suspension of payments / moratorium history

Amount                                                             -

Details                                                            

 

Payment expectations

Payment expectation days                                45.05

Day sales outstanding                          65.10

 

Industry comparison

Activity code                                                    46900

Activity description                                          Non-specialised wholesale trade

Industry average payment expectation days     87.82

Industry average day sales outstanding           117.27

 

 

Industry quartile analysis

Payment expectations Company result             45.05

Lower                                                               94.25

Median                                                             53.19

Upper                                                               17.84

 

 

Day sales outstanding

Company result                                                            65.10

Lower                                                                           84.38

Median                                                                         40.19

Upper                                                                           16.33

 

 

Shareholder Details

 

Summary

Group - Number of Companies                                     25

Linkages - Number of Companies                                5

Number of Countries                                                    1

 

Group Structure

 

Company  name

Number

Latest financials

- BREMHOVE  NV

455526549

31-12-2013

- - AGRI  MACHINERY  INVEST  NV

830076609

30-06-2014

- - - BEYNE  NV

472367729

31-07-2013

- - B.S.I.  BELGIUM  NV

458430809

31-12-2013

- - - ARVA  PLASTICS  SA

449786030

30-06-2014

- - - B.S.I.  SA

893134725

31-12-2013

- - - - TOP  SERVICES  A.M  SPRL

473942394

31-12-2013

- - - HERMELOCK  PETIT  RECHAIN  SA

892546191

31-12-2013

- - - INVEST  ZEDELGEM  NV

428569853

30-06-2014

- - - - CASTING  AND  DRAINAGE  SYSTEMS  NV

876332444

31-12-2013

- - - - - IMCOMA  NV

419762649

31-12-2013

- - - - - O.P.S.O.  SP.  Z.O.O.  SOC.ETR.  E.P.B.

 

 

- - - LIBERTY  TRADING  NV

450642796

31-12-2013

- - - EUROCUVE

449755867

31-12-2013

- - - ROTOPLAST

877220152

31-12-2013

- - EXAL  SA

473854205

31-12-2013

- - LECOMTE  INDUSTRIES  SA

429819173

31-12-2013

- - - FONDATEL  LECOMTE  SA

401246537

31-12-2013

- - - - FONDATEL  NV

406219766

31-12-2013

- - TER  LINDE  INVEST  NV

890500085

31-12-2013

- - THE  HORIZON  COMPANY  NV

405064773

31-12-2013

- - ERA INVEST SP Z.O.O.

 

 

- - IDE KFT SOC.ETR. E.P.B.

 

 

- - SCIERIE INDUSTRIELLE DU PUGET

846680072

31-08-2012

- - SOPRAMA SA

 

 

 

Minority Shareholders

No minority shareholders found

 

Minority Interests

No minority interests found

 

Companies that match this address

 

Business  number

Company  name

Date  of  accounts

876331949

CASTING  AND  DRAINAGE  SYSTEMS  NV

-

876332444

CASTING  AND  DRAINAGE  SYSTEMS  NV

31/12/2013

 

 

Linked Companies

 

Summary

Group - Number of Companies                                     25

Linkages - Number of Companies                                5

Number of Countries                                                    1

 

Linked Companies

 

NAME

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

DG  MANAGEMENT  &  PROMOTION  NV

468812282

30.06.2014

-

GETHI  NV

468818222

30.06.2014

-

ENTRACON  BVBA

876245936

31.12.2013

-

STEEL  PARTNERS  NV

885840127

31.12.2013

€1.320.000

LAROS  NV

887885144

31.12.2013

-

 

 

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

B.S.I.  BELGIUM  NV

Position

Managing  Director

Start  Date

17/08/2009

End  Date

17/08/2015

Date  of  birth

28/06/1996

Street

184 HILLE  WINGENE

Post  code

8750

Country

Belgium

 

 

Position

Director

Start  Date

17/08/2009

Date  of  birth

28/06/1996

Street

184 HILLE  WINGENE

Post  code

8750

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

17/08/2009

Date  of  birth

28/06/1996

Street

184 HILLE  WINGENE

Post  code

8750

Country

Belgium

 

 

Name

INVEST  ZEDELGEM  NV

Position

Director

Start  Date

25/08/2010

End  Date

17/08/2015

Date  of  birth

02/12/1971

Street

184 HILLE  WINGENE

Post  code

8750

Country

Belgium

 

 

Position

Legal  Representative

Start  Date

17/08/2009

Date  of  birth

02/12/1971

Street

184 HILLE  WINGENE

Post  code

8750

Country

Belgium

 

Former director details

 

Name

KAREL  CLEMENTINE  GERARD  GEERINCKX

Position

Managing  Director

Start  Date

02/07/2004

End  Date

Unknown  date

Date  of  birth

06/04/1949

Street

1 HORIZONSQUARE  HAMME

Post  code

9220

Country

Belgium

 

 

Position

Director

Start  Date

10/03/1994

End  Date

30/09/2005

Date  of  birth

06/04/1949

Street

1 HORIZONSQUARE  HAMME

Post  code

9220

Country

Belgium

 

 

Name

REMI  GEERINCKX

Position

Principal  Manager

Start  Date

03/09/1997

End  Date

Unknown  date

Street

MERCHTEM

Post  code

1785

Country

Belgium

 

 

Name

ANNEKEN  LOUIS  MARIA  GEERINCKX

Position

Principal  Manager

Start  Date

19/05/1997

End  Date

Unknown  date

Street

47 KROMREDE  DESTELBERGEN

Post  code

9070

Country

Belgium

 

 

Name

KG  MANAGEMENT  &  CONSULTING  NV

Position

Director

Start  Date

10/03/1994

End  Date

Unknown  date

Date  of  birth

26/03/1996

Street

104 GROOTZAND  DENDERMONDE

Post  code

9200

Country

Belgium

 

 

Name

DG  MANAGEMENT  IN  VEREFFENING  NV

Position

Director

Start  Date

10/03/1994

End  Date

Unknown  date

Date  of  birth

26/03/1996

Street

104 GROOTZAND  DENDERMONDE

Post  code

9200

Country

Belgium


 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 62.67

UK Pound

1

Rs. 93.16

Euro

1

Rs. 66.42

 

INFORMATION DETAILS

 

Analysis Done by :

SUB

 

 

Report Prepared by :

DPT

 

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.