MIRA INFORM REPORT

 

 

Report No. :

323332

Report Date :

18.05.2015

 

IDENTIFICATION DETAILS

 

Name :

FAM  NV 

 

 

Registered Office :

Neerveld  2, 2550 Kontich

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

17.02.1997

 

 

Com. Reg. No.:

460034178

 

 

Legal Form :

Public  Limited  Liability

 

 

Line of Business :

Subject is manufacture  of  machinery  for food,  beverage  and  tobacco processing

 

 

No. of Employee :

28

 

 

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

 

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 government maintained the budget deficit below the euro-zone threshold of 3% of GDP for a second year in a row. 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

 

 

Company name

 

FAM  NV 

 

 

Business  number

460034178

Branche  Unit  Number

2080713445

Company  name

FAM  NV

Address

NEERVELD  2

 

2550 KONTICH

Number  of  staff

28

Date  of  establishment

17/02/1997

Telephone  number

038447262

Fax  number

034509550

 

 

Ultimate  holding  company

 

 

 

Company  name

Company  Number

Hifferman  NV

885803703

 

 

Commentary

 

The  business  was  established  over  18  years  ago. The  business  has  28  employees.

The  business  is  part  of  a  group.

The  business  has  been  at  the  address  for  over  13  years. Operating  Result  in  the  latest  trading  period  increased  87%  on  the  previous  trading  period. Pre-tax  profits  increased  by  91%  compared  to  the  previous  trading  period. The  business  saw  an  increase  in  their  Cash  Balance  of  28%  during  the  latest  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2013

14,004,510

515,050

6,438,672

6,087,275

31/12/2012

13,870,818

269,548

6,514,411

6,179,455

31/12/2011

14,442,728

1,037,963

6,332,054

6,206,087

Accounts

 

 

 

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

13,108,931

28

1,500,000

770,328

31/12/2012

11,404,072

27

1,500,000

662,831

31/12/2011

11,366,950

24

1,500,000

1,245,987

 

 

Payment  expectations

 

Past  payments

 

Payment  expectation  days

67.41

Industry  average  payment

64.32

Industry  average  day  sales

80.02

expectation  days

 

outstanding

 

Day  sales  outstanding

74.42

 

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

Court  action  type

no

PROTESTED  BILLS

Bill  amount

-

NSSO  DETAILS

Date  of  summons

-

 

 

Company  information

 

Business  number

460034178

Company  name

FAM  NV

Fax  number

034509550

Date  founded

17/02/1997

Company  status

active

Company  type

Public  Limited  Liability

 

 

 

Company  (BE)

Currency

Euro  (€)

Date  of  latest  accounts

31/12/2013

Activity  code

28930

Liable  for  VAT

yes

Activity  description

Manufacture  of  machinery  for

food,  beverage  and  tobacco processing

VAT  Number

BE.0460.034.178  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

111

Description

JC  for  the  metal,  machinery  and  electrical  construction

category

 

JIC  Code

209

Description

Joint  committee  for  the  employees  off  the  metal  industry

category

 

Significant  Events

 

Event  Date

08/08/2014

Event  Description

authority  appointed

Event  Details

Commentaar  08-08-2014:  Toekenning  volmacht  aan  Marc  Meir,  teneinde  alle  akten  en  stukken  te

 

tekenen  betreffende  de  aankoop,  verkoop,  ontvangst,  verzending,  bewaring,  bewerking  en

 

behandeling,  de  consignatie  en  inpandgeving  van  producten,  g

 

Event  Date

08/08/2014

Event  Description

authority  appointed

Event  Details

oederen,  materialen  en  diensten  van  een  maximale  waarde  van  250.000  euro  per  transactie  en

 

250.000 euro  per  dag.

 

 

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

3,526,388

157

1,370,477

-2.53

1,406,102

-11.41

1,587,159

-18.98

1,958,919

Intangible  fixed  assets

649,806

147

262,395

16.29

225,640

0.39

224,765

-13.54

259,955

Tangible  fixed  assets

2,864,715

160

1,099,128

-6.18

1,171,508

-13.44

1,353,410

-19.92

1,690,010

Land  &  building

422,336

-49.32

833,326

-20.61

1,049,726

-15.91

1,248,312

-17.45

1,512,128

Plant  &  machinery

18,198

-40.43

30,547

32.12

23,121

-1.74

23,529

-46.19

43,727

Furniture  &  Vehicles

262,507

15.35

227,575

185

79,831

29.61

61,593

-35.23

95,092

Leasing  &  Other  Similar  Rights

-

-

-

-

-

-

-

-

-

Other  tangible  assets

2,161,674

28046

7,680

-59.22

18,831

-5.73

19,976

-48.86

39,063

Financial  fixed  assets

11,867

32.53

8,954

0

8,954

-0.33

8,984

0.34

8,954

Total  current  assets

9,582,543

-4.50

10,033,595

0.73

9,960,848

9.43

9,102,627

0.54

9,053,583

Inventories

5,656,836

-3.54

5,864,336

6.57

5,502,995

-4.26

5,748,126

15.53

4,975,533

Raw  materials  &  consumables

3,421,577

-2.71

3,516,960

5.26

3,341,242

1.08

3,305,635

6.59

3,101,385

Work  in  progress

216,752

-55.09

482,679

62.65

296,754

-0.73

298,928

-38.77

488,227

Finished  goods

2,018,506

8.25

1,864,697

-0.02

1,864,999

-13.00

2,143,562

54.67

1,385,921

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

2,855,537

-7.24

3,078,412

-10.81

3,451,331

23.64

2,791,515

-5.13

2,942,416

Other  amounts  receivable

473,484

-9.43

522,763

40.19

372,893

12.79

330,601

-40.96

559,946

Cash

390,187

28.95

302,578

-37.05

480,672

125

212,913

-61.06

546,761

Miscellaneous  current  assets

206,500

-22.22

265,506

73.58

152,958

685

19,472

-32.68

28,926

Total  Assets

13,108,931

14.95

11,404,072

0.33

11,366,950

6.33

10,689,786

-2.93

11,012,501

 

 

Liabilities

 

 

 

 

 

 

 

 

 

Total  shareholders  equity

7,088,478

4.60

6,776,806

3.34

6,557,694

5.28

6,228,666

-2.90

6,414,525

Issued  share  capital

1,500,000

0

1,500,000

0

1,500,000

0

1,500,000

0

1,500,000

Share  premium  account

-

-

-

-

-

-

-

-

-

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

5,588,478

5.91

5,276,806

4.33

5,057,694

6.96

4,728,666

-3.78

4,914,525

Provisions  for  Liabilities  &  Charges

144,837

-6.38

154,705

-5.41

163,550

66.21

98,397

-24.03

129,515

Deffered  taxes

3,961

-21.91

5,072

-17.97

6,183

-15.23

7,294

-13.42

8,424

Creditors

5,871,655

31.43

4,467,490

-3.71

4,639,523

6.52

4,355,429

-2.35

4,460,037

Other  long  term  loans

2,350,960

300

586,728

-31.58

857,496

-24.00

1,128,264

-19.35

1,399,032

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

25,426

-4.49

26,622

-2.36

27,266

-2.69

28,020

-9.60

30,996

Total  long  term  debts

2,525,185

226

773,126

-26.68

1,054,495

-16.44

1,261,974

-19.52

1,567,967

Current  portion  of  long  term  debt

270,768

0

270,768

0

270,768

0

270,768

0

270,768

Financial  debts

-

-

-

-

-

-

-

-

-

Trade  creditors

2,482,135

-6.50

2,654,773

15.83

2,292,047

48.60

1,542,385

-1.55

1,566,594

Amounts  Payable  for  Taxes,

190,160

75.73

108,210

-38.15

174,964

39.78

125,169

-14.23

145,932

Remuneration  &  Social  Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

552,204

-32.69

820,389

-19.33

1,016,981

-19.34

1,260,824

20.46

1,046,716

Total  current  liabilities

3,495,268

-9.31

3,854,140

2.65

3,754,761

17.37

3,199,145

5.58

3,030,010

Total  Liabilities

13,108,931

14.95

11,404,072

0.33

11,366,950

6.33

10,689,786

-2.93

11,012,501

 

 

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

3.68

89.69

1.94

-73.02

7.19

229

2.18

10.66

1.97

Return  on  capital  employed

5.36

50.14

3.57

-73.83

13.64

359

2.97

6.45

2.79

Return  on  total  assets  employed

3.93

66.53

2.36

-74.15

9.13

338

2.08

2.97

2.02

Return  on  net  assets  employed

7.27

82.66

3.98

-74.86

15.83

342

3.58

3.17

3.47

Sales  /  net  working  capital

2.30

2.68

2.24

-3.86

2.33

34.68

1.73

-7.98

1.88

Stock  turnover  ratio

40.39

-4.47

42.28

10.97

38.10

-32.37

56.34

28.07

43.99

Creditor  days

67.41

-5.60

71.41

13.71

62.80

10.93

56.61

8.95

51.96

Debtor  days

74.42

-8.13

81.01

-7.12

87.22

-12.67

99.87

5.17

94.96

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

2.74

5.38

2.60

-1.89

2.65

-7.02

2.85

-4.68

2.99

Liquidity  ratio  /  acid  ratio

1.12

3.70

1.08

-9.24

1.19

13.33

1.05

-22.22

1.35

Current  debt  ratio

0.49

-14.04

0.57

0

0.57

11.76

0.51

8.51

0.47

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

770,328

16.22

662,831

-46.80

1,245,987

94.32

641,188

-12.20

730,319

Net  worth

6,438,672

-1.16

6,514,411

2.88

6,332,054

5.47

6,003,901

-2.45

6,154,570

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

36.99

192

12.65

-26.50

17.21

-23.37

22.46

-13.71

26.03

Equity  in  percentage

56.89

-6.46

60.82

3.33

58.86

-1.11

59.52

-0.23

59.66

Total  debt  ratio

0.85

25.00

0.68

-6.85

0.73

1.39

0.72

0

0.72

Working  capital

6,087,275

-1.49

6,179,455

-0.43

6,206,087

5.13

5,903,481

-1.99

6,023,573

 

 

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

14,148,050

-3.03

14,590,764

0.41

14,531,644

31.01

11,092,379

-1.64

11,277,300

Turnover

14,004,510

0.96

13,870,818

-3.96

14,442,728

41.57

10,201,885

-9.80

11,309,777

Total  operating  expenses

13,440,363

-0.96

13,570,351

1.87

13,320,598

33.94

9,945,403

-9.63

11,005,198

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

13,583,903

-4.94

14,290,297

6.57

13,409,515

23.75

10,835,897

-1.25

10,972,721

Employee  costs

1,926,269

0.87

1,909,722

18.56

1,610,784

9.61

1,469,555

-4.39

1,537,093

Wages  and  salary

1,306,744

1.58

1,286,416

20.73

1,065,504

5.95

1,005,629

-4.61

1,054,271

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security  contributions

433,787

2.79

422,008

16.93

360,895

21.98

295,859

-12.09

336,530

Other  employee  costs

185,738

-7.73

201,298

9.17

184,385

9.71

168,066

14.89

146,291

Director  remuneration

-

-

-

-

-

-

-

-

-

Amortization  and  depreciation

456,498

3.38

441,561

6.45

414,801

-2.37

424,851

-16.56

509,157

Operating  result

564,147

87.76

300,467

-73.22

1,122,130

337

256,483

-15.79

304,580

Total  financial  income

32,107

-14.46

37,533

29.08

29,078

3.03

28,224

32.63

21,280

Total  financial  expenses

81,204

18.63

68,452

-39.55

113,246

82.77

61,961

-40.11

103,452

Results  on  ordinary  operations

515,050

91.08

269,548

-74.03

1,037,963

365

222,745

0.15

222,408

before  taxation

 

 

 

 

 

 

 

 

 

Extraordinary  Income

2,520

-

-

-

2,966

-

-

-

413

Extraordinary  Charges

123,992

19489

633

-

-

-

7,539

149

3,016

Extraordinary  items

-121,472

-19091

-633

-121

2,966

39.34

-7,539

-189

-2,603

Results  for  the  Year  Before Taxation

393,578

46.36

268,915

-74.17

1,040,928

383

215,206

-2.09

219,805

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

80,859

65.84

48,757

-76.88

210,854

-

-

-

-

Results  on  ordinary  operations

434,191

96.65

220,791

-73.31

827,109

271

222,745

0.15

222,408

after  taxation

 

 

 

 

 

 

 

 

 

Net  result

313,830

41.83

221,270

-73.38

831,185

284

216,336

-2.18

221,162

Profit  (Loss)  for  the  Year  to  be appropiated

313,830

41.83

221,270

-73.38

831,185

284

216,336

-2.18

221,162

Dividends

-

-

-

-

250,000

-37.50

400,000

-27.27

550,000

 

 

Social  Balance  Sheet  Details

 

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet

 

 

 

Total

 

 

 

 

 

During  the  reporting  year

 

 

 

 

 

 

 

 

 

ended  31-12-2013

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

25

 

 

 

 

 

Part-time  Employees

 

 

 

4

 

 

 

 

 

Total  Fte  Employees

 

 

 

28

 

 

 

 

 

Number  of  hours  worked

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

39,858

 

 

 

 

 

Part-time  Employees

 

 

 

5,088

 

 

 

 

 

Total

 

 

 

44,946

 

 

 

 

 

Personnel  Charges

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

1,708,210

 

 

 

 

 

Part-time  Employees

 

 

 

218,058

 

 

 

 

 

Total

 

 

 

1,926,269

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

During  the  previous  reporting  year

 

 

 

 

 

 

 

 

 

Average  number  employees  in  Fte

 

 

 

26

 

 

 

 

 

Actual  working  hours

 

 

 

46,012

 

 

 

 

 

Personnel  Charges

 

 

 

1,909,722

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

25

4

28

Contracts

 

 

 

Limited  Duration  Contracts

-

-

-

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding Substitution

-

-

-

 

Gender  and  Education Level

 

Men

Full-Time

Part-Time

Total  Fte

Primary  education

20

2

22

Secondairy  education

-

-

-

Higher  education  (non

-

-

-

university)

 

 

 

Higher  education

-

-

-

(university)

 

 

 

Women

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

-

-

-

Higher  education  (non

5

2

7

university)

 

 

 

Higher  education

-

-

-

(university)

 

 

 

 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

18

4

21

Blue  collar  worker

7

-

7

Other

-

-

-

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

1

 

Actual  working  hours

 

1,340

 

Cost  of  temporary  staff

 

41,671

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

3

1

4

Leavers

2

1

3

 

Total  of  formal  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  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

-

-

 

 

Industry  comparison

 

 

Activity  code

28930

 

Activity  description

Manufacture  of  machinery  for  food,  beverage  and  tobacco  processing

 

industry  average  credit

rating

69.59

 

Industry  average  credit  limit

41630.43

 

 

 

Payment  Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

109

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

86

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

20

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

3

Total  number  of  Invoices  currently  outstanding  beyond  the  due  date

0

 

 

Suspension  of  payments  /  moratorium  history

 

Amount

-

Details

-

Payment  expectations

 

Payment  expectation  days

67.41

Day  sales  outstanding

74.42

Industry  comparison

 

Activity  code

28930

Activity  description

Manufacture  of  machinery  for  food,  beverage  and  tobacco  processing

Industry  average  payment

64.32

expectation  days

 

Industry  average  day  sales

80.02

outstanding

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

67.41

Lower

81.33

Median

59.80

Upper

36.77

 

 

Day  sales  outstanding

 

Company  result

74.42

Lower

67.41

Median

54.93

Upper

30.62

 

 

Shareholder  Details

 

 

 

 

Summary

 

 

 

 

 

 

 

Group  -  Number  of  Companies

 

12

 

 

 

 

 

Linkages  -  Number  of  Companies

 

1

 

 

 

 

 

Number  of  Countries

 

1

 

 

 

 

 

 

Group  Structure

 

 

 

 

Company  name

 

 

Number

Latest

 

 

 

 

financials

- HIFFERMAN  NV

 

 

885803703

31-12-2013

- - HIFFERMAN  &  PARTNERS  CVBA

 

 

473602104

31-12-2013

- - OMNIAD  NV

 

 

459862449

31-12-2013

- - - "WELLTEX"  NV

 

 

824695285

31-12-2013

- - - FAM  NV

 

 

460034178

31-12-2013

- - - ORIGO  NV

 

 

447280361

31-12-2013

- - - RELEX  NV

 

 

817667240

31-12-2013

- - - STUMABO  INTERNATIONAL  NV

 

 

435291854

31-12-2013

- - - FAM-STUMABO  FRANCE  SARL

 

 

491421103

31-12-2012

- - - FAM  STUMABO  UK  SOC.ETR.  E.P.B.

 

 

 

 

- - - FAM  STUMABO  USA  SOC.ETR.  E.P.B.

 

 

 

 

- - - FAM  STUMABO  IBERICA

 

 

B97787139

 

 

Minority  Shareholders

 

 

 

 

 

 

 

No  minority  shareholders  found

 

 

 

 

 

 

 

 

Minority  Interests

 

 

 

 

Business

Company  name

 

%

Date  of

number

 

 

 

accounts

473602104

Hifferman  &  Partners  CVBA

 

0.1

31/12/2013

473602104

Hifferman  &  Partners  CVBA

 

0.1

31/12/2013

 

 

Individual  Shareholders

 

SHAREHOLDER  NAME

 

Forename

Michel

Middle  name

Maurice

Surname

TAHON

 

 

SHAREHOLDER  DETAILS

 

 

 

Start  date

17/02/1997

End  date

-

Percentage  owned

-

 

 

SHAREHOLDER  ADDRESS

 

 

 

Street  name

Bosstraat

House  number

15

Minor  town

-

Postal  town

Waasmunster

Post  code

9250

Country

Belgium

SHAREHOLDER  NAME

 

 

 

Forename

Guy

Middle  name

-

Surname

Baeten

 

 

SHAREHOLDER  DETAILS

 

 

 

Start  date

17/02/1997

End  date

-

Percentage  owned

-

 

 

SHAREHOLDER  ADDRESS

 

 

 

Street  name

Dennenlaan

House  number

6

Minor  town

Pulle

Postal  town

Zandhoven

Post  code

2243

Country

Belgium

SHAREHOLDER  NAME

 

 

 

Forename

Marc

Middle  name

-

Surname

MEIR

 

 

SHAREHOLDER  DETAILS

 

 

 

Start  date

17/02/1997

End  date

-

Percentage  owned

-

 

 

SHAREHOLDER  ADDRESS

 

 

 

Street  name

Zwanenhof

House  number

19

Minor  town

-

Postal  town

Mol

Post  code

2400

Country

Belgium

 

 

Companies  that  match  this  address

 

no  Companies  Match  this  address

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

12

Linkages  -  Number  of  Companies

1

Number  of  Countries

1

 

 

Linked  Companies

 

NAME

NUMBER

LATEST  KEY

FINANCIALS

LIMIT

TURNOVER

FAM  STUMABO  UK  LIMITED

01682914

31.12.2013

£25.000

-

 

 

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

OMNIAD  NV

Position

Chairman  of  the  Board

Start  Date

11/01/2007

Date  of  birth

17/01/1997

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Position

Managing  Director

Start  Date

11/01/2007

Date  of  birth

17/01/1997

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Position

Director

Start  Date

13/02/2007

Date  of  birth

17/01/1997

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Former  director  details

 

Name

GUY  BAETEN

Position

Principal  Manager

Start  Date

14/05/2009

End  Date

Unknown  date

Street

6 DENNENLAAN  ZANDHOVEN

Post  code

2243

Country

Belgium

Position

Director

Start  Date

17/02/1997

End  Date

31/12/1997

Street

6 DENNENLAAN  ZANDHOVEN

Post  code

2243

Country

Belgium

Name

HIFFERMAN  NV

Position

Director

Start  Date

11/01/2007

End  Date

20/04/2012

Date  of  birth

18/12/2006

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Name

MARK  THEOPHIEL  VAN  HEMELRIJK

Position

Managing  Director

Start  Date

18/02/1997

End  Date

31/12/1997

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Position

Director

Start  Date

17/02/1997

End  Date

31/12/1997

Street

134 GROENENHOEK  AARTSELAAR

Post  code

2630

Country

Belgium

Name

TAHON  MICHEL

Position

Director

Start  Date

17/06/1998

End  Date

Unknown  date

Street

61 MORINNESTRAAT  KORTRIJK

Post  code

8500

Country

Belgium

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.63.58

UK Pound

1

Rs.100.30

Euro

1

Rs.72.38

 

INFORMATION DETAILS

 

Analysis Done by :

KAR

 

 

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%)

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.