|
Report No. : |
323687 |
|
Report Date : |
23.05.2015 |
IDENTIFICATION DETAILS
|
Name : |
AVL METAL POWDERS NV |
|
|
|
|
Registered Office : |
Elleboogstraat 7, 8500 Kortrijk |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2013 |
|
|
|
|
Date of Incorporation : |
01.01.1968 |
|
|
|
|
Com. Reg. No.: |
405375371 |
|
|
|
|
Legal Form : |
Public Limited Liability |
|
|
|
|
Line of Business : |
Subject is manufacture of basic iron and steel and of ferro-alloys (ECSC)* |
|
|
|
|
No. of Employee : |
42 |
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 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 |
|
Business number |
405375371 |
|
Branche Unit Number |
2002874509 |
|
Company name |
AVL METAL POWDERS NV |
|
Address |
ELLEBOOGSTRAAT 7 |
|
|
8500 KORTRIJK |
|
Number of staff |
42 |
|
Date of establishment |
01/01/1968 |
|
Telephone number |
056220021 |
|
Fax number |
056226414 |
The business was established
over 65 years ago. The business has 42
employees.
The business has been at
the address for over 19 years. Operating
Result in the latest trading period
increased 145% on the previous trading
period. Pre-tax profits decreased by 84%
compared to the previous trading period.
The business saw an increase in their
Cash Balance of 78% during the latest
trading perid.
ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
31/12/2013 |
9,340,545 |
30,130 |
4,507,242 |
3,793,938 |
|
31/12/2012 |
10,128,565 |
188,754 |
4,663,248 |
3,765,977 |
|
31/12/2011 |
10,037,364 |
279,902 |
4,787,082 |
3,794,063 |
ACCOUNTS
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2013 |
6,003,212 |
42 |
500,000 |
297,184 |
|
31/12/2012 |
6,726,226 |
45 |
500,000 |
427,360 |
|
31/12/2011 |
6,474,062 |
44 |
500,000 |
521,846 |
|
Past payments |
|
Payment expectation days |
14.80 |
|
Industry average payment |
127.50 |
Industry average day sales |
154.85 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
44.46 |
|
|
BANKRUPTCY DETAILS
Court action type no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of summons -
|
Business
number |
405375371 |
Company
name |
AVL METAL POWDERS NV |
|
Fax
number |
056226414 |
Date
founded |
01/01/1968 |
|
Company
status |
active |
Company
type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date
of latest accounts |
31/12/2013 |
|
Activity
code |
24100 |
Liable
for VAT |
yes |
|
Activity
description |
Manufacture of basic iron and |
VAT
Number |
BE.0405.375.371 Check VAT |
|
|
steel and of ferro-alloys (ECSC)* |
|
number |
|
Belgian
Bullettin of Acts Publications |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
|
|
|
Personnel
(NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
|
|
|
Joint
Industrial Committee (JIC) |
|
|
JIC Code |
105 |
|
Description |
Joint committee for the
nonferrous metals |
|
category |
|
|
|
|
|
JIC Code |
224 |
|
Description |
Joint committee for the
employees off the nonferrous metals |
|
category |
|
|
|
|
|
Significant
Events |
|
|
Event Date |
30/09/2013 |
|
Event Description |
re-appointment of director(s) |
|
Event Details |
Commentaar 30-09-2013:
Herbenoemd als bestuurders tot na de
jaarvergadering 2019 : ML-Invest BVBA (tevens
als gedelegeerd bestuurder en voorzitter
van de raad van bestuur), Van Lerberghe
Pierre en Van Lerberghe Jean. |
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 |
825,911 |
-16.82 |
992,913 |
-9.44 |
1,096,372 |
-12.24 |
1,249,311 |
-6.39 |
1,334,561 |
|
Intangible fixed assets |
0 |
- |
0 |
-100 |
1,664 |
-80.26 |
8,429 |
-18.26 |
10,311 |
|
Tangible fixed assets |
825,411 |
-16.83 |
992,413 |
-9.14 |
1,092,262 |
-11.84 |
1,238,936 |
-6.30 |
1,322,303 |
|
Land & building |
532,578 |
-3.08 |
549,527 |
-7.05 |
591,238 |
-7.60 |
639,892 |
-6.81 |
686,672 |
|
Plant & machinery |
273,576 |
-33.53 |
411,562 |
-7.75 |
446,150 |
-16.87 |
536,713 |
-5.98 |
570,840 |
|
Furniture & Vehicles |
19,257 |
-38.52 |
31,324 |
-42.92 |
54,874 |
-11.96 |
62,330 |
-3.80 |
64,791 |
|
Leasing & Other Similar Rights |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
500 |
0 |
500 |
-79.56 |
2,446 |
25.70 |
1,946 |
0 |
1,946 |
|
Total current assets |
5,177,301 |
-9.70 |
5,733,313 |
6.61 |
5,377,690 |
0.57 |
5,347,324 |
5.61 |
5,063,156 |
|
Inventories |
3,243,166 |
-13.15 |
3,734,379 |
1.17 |
3,691,330 |
6.42 |
3,468,492 |
16.82 |
2,969,161 |
|
Raw materials & consumables |
659,496 |
-11.50 |
745,186 |
33.81 |
556,918 |
8.65 |
512,601 |
12.57 |
455,376 |
|
Work in progress |
1,872,280 |
-15.90 |
2,226,177 |
-0.72 |
2,242,402 |
-13.68 |
2,597,670 |
16.71 |
2,225,680 |
|
Finished goods |
711,390 |
-6.77 |
763,017 |
-14.46 |
892,009 |
149 |
358,221 |
24.34 |
288,105 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
1,137,746 |
6.08 |
1,072,574 |
11.91 |
958,410 |
-32.38 |
1,417,382 |
2.51 |
1,382,695 |
|
Other amounts receivable |
185,074 |
-67.82 |
575,148 |
103 |
282,386 |
19.13 |
237,030 |
-5.70 |
251,350 |
|
Cash |
607,664 |
78.41 |
340,594 |
-23.56 |
445,565 |
98.54 |
224,419 |
-51.21 |
459,950 |
|
Miscellaneous current assets |
3,651 |
-65.62 |
10,618 |
- |
0 |
- |
0 |
- |
0 |
|
Total Assets |
6,003,212 |
-10.75 |
6,726,226 |
3.89 |
6,474,062 |
-1.86 |
6,596,634 |
3.11 |
6,397,717 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
4,507,242 |
-3.35 |
4,663,248 |
-2.62 |
4,788,746 |
-1.11 |
4,842,305 |
1.46 |
4,772,708 |
|
Issued share capital |
500,000 |
0 |
500,000 |
0 |
500,000 |
0 |
500,000 |
0 |
500,000 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
4,007,242 |
-3.75 |
4,163,248 |
-2.93 |
4,288,746 |
-1.23 |
4,342,305 |
1.63 |
4,272,708 |
|
Provisions for Liabilities & Charges |
112,607 |
17.74 |
95,641 |
-1.54 |
97,133 |
-22.73 |
125,708 |
5.80 |
118,813 |
|
Deffered taxes |
- |
- |
- |
- |
38 |
-77.26 |
165 |
-43.58 |
293 |
|
Creditors |
1,383,363 |
-29.68 |
1,967,336 |
23.88 |
1,588,145 |
-2.48 |
1,628,456 |
8.14 |
1,505,903 |
|
Other long term loans |
- |
- |
- |
- |
4,517 |
-53.18 |
9,648 |
-33.37 |
14,479 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
112,607 |
17.74 |
95,641 |
-5.95 |
101,688 |
-24.97 |
135,521 |
1.45 |
133,584 |
|
Current portion of long term debt |
- |
- |
4,517 |
-11.95 |
5,131 |
6.20 |
4,831 |
6.20 |
4,549 |
|
Financial debts |
517,158 |
-23.04 |
671,992 |
22.18 |
550,000 |
29.41 |
425,000 |
8.77 |
390,723 |
|
Trade creditors |
371,241 |
-41.71 |
636,858 |
168 |
237,554 |
-48.10 |
457,728 |
42.55 |
321,106 |
|
Amounts Payable for Taxes, |
169,420 |
-32.99 |
252,843 |
-14.02 |
294,059 |
-2.52 |
301,651 |
12.08 |
269,146 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
325,544 |
-18.84 |
401,126 |
-19.27 |
496,884 |
15.66 |
429,598 |
-15.08 |
505,900 |
|
Total current liabilities |
1,383,363 |
-29.68 |
1,967,336 |
24.23 |
1,583,627 |
-2.17 |
1,618,808 |
8.54 |
1,491,424 |
|
Total Liabilities |
6,003,212 |
-10.75 |
6,726,226 |
3.89 |
6,474,062 |
-1.86 |
6,596,634 |
3.11 |
6,397,717 |
|
RATIO
ANALYSIS |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
0.32 |
-82.80 |
1.86 |
-33.33 |
2.79 |
-35.27 |
4.31 |
8.56 |
3.97 |
|
Return on capital employed |
0.65 |
-83.63 |
3.97 |
-30.59 |
5.72 |
-34.85 |
8.78 |
13.58 |
7.73 |
|
Return on total assets employed |
0.50 |
-82.21 |
2.81 |
-34.95 |
4.32 |
-34.74 |
6.62 |
11.64 |
5.93 |
|
Return on net assets employed |
0.67 |
-83.46 |
4.05 |
-30.77 |
5.85 |
-35.14 |
9.02 |
13.46 |
7.95 |
|
Sales / net working capital |
2.46 |
-8.55 |
2.69 |
1.51 |
2.65 |
-2.57 |
2.72 |
1.49 |
2.68 |
|
Stock turnover ratio |
34.72 |
-5.83 |
36.87 |
0.24 |
36.78 |
7.39 |
34.25 |
10.23 |
31.07 |
|
Creditor days |
14.80 |
-35.99 |
23.12 |
155 |
9.06 |
-47.11 |
17.13 |
32.18 |
12.96 |
|
Debtor days |
44.46 |
15.03 |
38.65 |
10.90 |
34.85 |
-31.77 |
51.08 |
-3.28 |
52.81 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
3.74 |
28.52 |
2.91 |
-14.41 |
3.40 |
3.03 |
3.30 |
-2.65 |
3.39 |
|
Liquidity ratio / acid ratio |
1.40 |
37.25 |
1.02 |
-3.77 |
1.06 |
-8.62 |
1.16 |
-17.14 |
1.40 |
|
Current debt ratio |
0.31 |
-26.19 |
0.42 |
27.27 |
0.33 |
0 |
0.33 |
6.45 |
0.31 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
297,184 |
-30.46 |
427,360 |
-18.11 |
521,846 |
-21.56 |
665,310 |
12.90 |
589,312 |
|
Net worth |
4,507,242 |
-3.35 |
4,663,248 |
-2.59 |
4,787,082 |
-0.97 |
4,833,876 |
1.50 |
4,762,396 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
11.47 |
-20.95 |
14.51 |
24.12 |
11.69 |
28.74 |
9.08 |
5.70 |
8.59 |
|
Equity in percentage |
75.08 |
8.29 |
69.33 |
-6.30 |
73.99 |
0.67 |
73.50 |
-1.63 |
74.72 |
|
Total debt ratio |
0.33 |
-25.00 |
0.44 |
25.71 |
0.35 |
-2.78 |
0.36 |
5.88 |
0.34 |
|
Working capital |
3,793,938 |
0.74 |
3,765,977 |
-0.74 |
3,794,063 |
1.76 |
3,728,515 |
4.39 |
3,571,731 |
|
PROFIT
& LOSS |
|
|
|
|
|
|
|
|
|
|
Operating Income |
9,178,509 |
-8.44 |
10,025,107 |
-2.11 |
10,241,647 |
-3.60 |
10,624,566 |
10.07 |
9,652,907 |
|
Turnover |
9,340,545 |
-7.78 |
10,128,565 |
0.91 |
10,037,364 |
-0.89 |
10,127,990 |
5.98 |
9,556,403 |
|
Total operating expenses |
9,156,708 |
-8.92 |
10,053,642 |
5.02 |
9,573,324 |
-1.87 |
9,755,645 |
7.83 |
9,046,857 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
8,994,671 |
-9.60 |
9,950,185 |
1.77 |
9,777,607 |
-4.63 |
10,252,220 |
12.13 |
9,143,360 |
|
Employee costs |
1,970,306 |
-4.25 |
2,057,829 |
7.12 |
1,921,114 |
2.11 |
1,881,369 |
-3.37 |
1,946,959 |
|
Wages and salary |
1,328,730 |
-1.50 |
1,349,007 |
6.27 |
1,269,376 |
2.40 |
1,239,640 |
-11.02 |
1,393,196 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
546,519 |
-3.48 |
566,226 |
-0.52 |
569,177 |
2.24 |
556,688 |
21.60 |
457,793 |
|
Other employee costs |
95,057 |
-33.34 |
142,596 |
72.71 |
82,562 |
-2.92 |
85,041 |
-11.39 |
95,970 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
196,896 |
0 |
196,896 |
|
Amortization and depreciation |
267,190 |
-1.30 |
270,712 |
-8.59 |
296,157 |
-6.42 |
316,466 |
15.11 |
274,925 |
|
Operating result |
183,837 |
145 |
74,923 |
-83.85 |
464,039 |
24.63 |
372,345 |
-26.93 |
509,547 |
|
Total financial income |
61,630 |
-83.72 |
378,521 |
309 |
92,371 |
-66.58 |
276,429 |
19.72 |
230,888 |
|
Total financial expenses |
215,338 |
-18.65 |
264,690 |
-4.27 |
276,508 |
30.52 |
211,855 |
-41.31 |
360,980 |
|
Results on ordinary operations |
30,130 |
-84.04 |
188,754 |
-32.56 |
279,902 |
-35.94 |
436,920 |
15.14 |
379,454 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
1,841 |
618 |
256 |
129 |
111 |
-81.72 |
610 |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
0 |
-100 |
1,841 |
618 |
256 |
129 |
111 |
-81.72 |
610 |
|
Results for the Year Before Taxation |
30,130 |
-84.19 |
190,595 |
-31.97 |
280,159 |
-35.90 |
437,031 |
14.99 |
380,064 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
136 |
-99 |
33,984 |
-37.76 |
54,597 |
-38.18 |
88,314 |
34.21 |
65,805 |
|
Results on ordinary operations
after taxation |
29,994 |
-80.62 |
154,770 |
-31.31 |
225,305 |
-35.37 |
348,605 |
11.14 |
313,650 |
|
Net result |
29,994 |
-80.85 |
156,648 |
-30.59 |
225,689 |
-35.30 |
348,844 |
10.96 |
314,387 |
|
Profit (Loss) for the Year to be appropiated
|
29,994 |
-80.85 |
156,648 |
-30.59 |
225,689 |
-35.30 |
348,844 |
10.96 |
314,387 |
|
Dividends |
186,000 |
-33.33 |
279,000 |
0 |
279,000 |
0 |
279,000 |
0 |
279,000 |
|
Social
Balance Sheet Details |
|
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2013 |
|
|
Full-time
Employees |
42 |
|
Part-time
Employees |
4 |
|
Total
Fte Employees |
45 |
|
Number
of hours worked |
|
|
Full-time
Employees |
52,852 |
|
Part-time
Employees |
3,997 |
|
Total |
56,849 |
|
Personnel
Charges |
|
|
Full-time
Employees |
1,831,776 |
|
Part-time
Employees |
138,530 |
|
Total |
1,970,306 |
|
Benefits
In Addition To Wages |
- |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
44 |
|
Actual
working hours |
60,100 |
|
Personnel
Charges |
2,057,829 |
|
Benefits
In Addition To Wages |
- |
|
Type
of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration |
40 |
4 |
42 |
|
Contracts |
|
|
|
|
Limited
Duration Contracts |
- |
- |
- |
|
Contracts
For Specific Work |
- |
- |
- |
|
Contracts
Regarding Substitution |
- |
- |
- |
|
Gender
and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
38 |
- |
38 |
|
Secondairy
education |
- |
- |
- |
|
Higher
education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher
education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
2 |
4 |
4 |
|
Secondairy
education |
- |
- |
- |
|
Higher
education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher
education |
- |
- |
- |
|
(university) |
|
|
|
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
7 |
4 |
9 |
|
Blue
collar worker |
33 |
- |
33 |
|
Other |
- |
- |
- |
|
|
|
|
|
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
0 |
|
|
Actual
working hours |
|
432 |
|
|
Cost
of temporary staff |
|
16,229 |
|
|
|
|
|
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New
Starters |
1 |
- |
1 |
|
Leavers |
4 |
- |
4 |
|
Total
of formal continuing vocational training
initiatives |
|
|
|
for workers paid by the employer |
Male |
Female |
|
Number
of employees |
1 |
1 |
|
Number
of training hours |
36 |
4 |
|
Net
costs for enterprise |
2,573 |
251 |
|
Total
of less formal and informal continuing
vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number
of employees |
40 |
4 |
|
Number
of training hours |
901 |
98 |
|
Net
costs for enterprise |
31,213 |
3,399 |
|
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 |
24100 |
|
|
Activity description |
Manufacture of basic iron
and steel and of ferro-alloys (ECSC)* |
|
|
industry average credit rating |
77.45 |
|
|
Industry average credit limit |
505241.42 |
|
|
Total number of Invoices available |
30 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
17 |
|
Total number of Invoices paid more
than 30 days after the due date |
6 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
6 |
|
Total number of Invoices currently
outstanding beyond the due date |
0 |
|
Suspension
of payments / moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment
expectations |
|
|
Payment expectation days |
14.80 |
|
Day sales outstanding |
44.46 |
|
|
|
|
Industry
comparison |
|
|
Activity code |
24100 |
|
Activity description |
Manufacture of basic iron
and steel and of ferro-alloys (ECSC)* |
|
Industry average payment |
127.50 |
|
expectation days |
|
|
Industry average day sales |
154.85 |
|
outstanding |
|
|
|
|
|
Industry
quartile analysis |
|
|
Payment expectations |
|
|
Company result |
14.80 |
|
Lower |
108.87 |
|
Median |
69.45 |
|
Upper |
40.80 |
Day sales outstanding
|
Company result |
44.46 |
|
Lower |
86.78 |
|
Median |
52.08 |
|
Upper |
29.56 |
|
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
Companies
that match this address
no Companies Match this address
Summary
|
Group - Number of Companies |
0 |
|
Linkages - Number of Companies |
0 |
|
Number of Countries |
0 |
Current
director details
|
Name |
MVL-INVEST BVBA |
|
Position |
Managing Director |
|
Start
Date |
30/09/2013 |
|
End
Date |
06/05/2019 |
|
Date
of birth |
01/02/2006 |
|
Street |
9 ELLEBOOGSTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Position |
Legal Representative |
|
Start
Date |
09/01/2007 |
|
Date
of birth |
01/02/2006 |
|
Street |
9 ELLEBOOGSTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Name |
PIERRE VAN LERBERGHE |
|
Position |
Director |
|
Start
Date |
30/09/2013 |
|
End
Date |
06/05/2019 |
|
Street |
21 BURGEMEESTER PYCKESTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Name |
JEAN VAN LERBERGHE |
|
Position |
Director |
|
Start
Date |
30/12/2009 |
|
End
Date |
06/05/2019 |
|
Country |
Greece |
|
|
|
|
FORMER
DIRECTOR DETAILS |
|
|
Name |
MVL-INVEST BVBA |
|
Position |
Director |
|
Start
Date |
30/09/2013 |
|
End
Date |
31/12/2013 |
|
Date
of birth |
01/02/2006 |
|
Street |
9 ELLEBOOGSTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Name |
PIERRE VAN LERBERGHE |
|
Position |
Managing Director |
|
Start
Date |
30/12/2009 |
|
End
Date |
31/12/2012 |
|
Street |
21 BURGEMEESTER PYCKESTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Name |
MARC JACQUES ANDRÉ VAN LERBERGHE |
|
Position |
Managing Director |
|
Start
Date |
08/05/2004 |
|
End
Date |
09/01/2007 |
|
Street |
9 ELLEBOOGSTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
|
|
|
|
Position |
Director |
|
Start
Date |
01/09/2004 |
|
End
Date |
09/01/2007 |
|
Street |
9 ELLEBOOGSTRAAT KORTRIJK |
|
Post
code |
8500 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.63.57 |
|
|
1 |
Rs.99.67 |
|
Euro |
1 |
Rs.70.83 |
INFORMATION DETAILS
|
Analysis Done by
: |
RAS |
|
|
|
|
Report Prepared
by : |
VNT |
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.