MIRA INFORM REPORT

 

 

Report No. :

323694

Report Date :

27.05.2015

 

IDENTIFICATION DETAILS

 

Name :

MANUCHAR  STEEL  NV

 

 

Registered Office :

Rietschoorvelden  20, 2170 Antwerpen

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2013

 

 

Date of Incorporation :

16.06.2004

 

 

Com. Reg. No.:

865797353

 

 

Legal Form :

Public  Limited  Liability

 

 

Line of Business :

Subject is manufacture  of  basic  iron  and steel  and  of  ferro-alloys (ECSC)

 

 

No. of Employee :

Not Available

 

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

Company name

 

MANUCHAR  STEEL  NV 

 

 

Company  summary

 

Business  number

865797353

Branche  Unit  Number

2137577122

Company  name

MANUCHAR  STEEL  NV

Address

RIETSCHOORVELDEN  20

 

2170 ANTWERPEN

Number  of  staff

0

Date  of  establishment

16/06/2004

Telephone  number

036409302

Fax  number

036409330

 

 

Ultimate  holding  company

 

 

 

 

Company  name

Company  Number

Manuchar  NV

407045751

 

 

Commentary

 

The  business  was  established  over  10  years  ago.

No  employees  are  recorded  for  this  business.

The  business  is  part  of  a  group.

The  business  has  been  at  the  address  for  over  10  years.

Operating  Result  in  the  latest  trading  period  increased  62%  on  the  previous  trading  period.

A  41%  growth  in  Total  Assets  occurred  during  the  latest  trading  period.

The  business  saw  an  increase  in  their  Cash  Balance  of  186%  during  the  latest  trading  period.

Turnover  in  the  latest  trading  period  increased  28%  on  the  previous  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2013

240,324,371

678,960

7,381,396

6,618,183

31/12/2012

186,703,867

747,315

6,985,886

6,222,673

31/12/2011

215,574,882

2,728,171

15,055,691

14,292,480

Accounts

 

 

 

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2013

79,537,281

0

3,500,000

395,510

31/12/2012

56,137,233

0

3,500,000

630,195

31/12/2011

89,989,702

0

3,500,000

1,926,752

 

 

Payment  expectations

 

Past  payments

 

Payment  expectation  days

16.44

Industry  average  payment

129.27

Industry  average  day  sales

154.93

expectation  days

 

outstanding

 

Day  sales  outstanding

102.36

 

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

Court  action  type

no

PROTESTED  BILLS

Bill  amount

-

NSSO  DETAILS

Date  of  summons

-

 

 

Company  information

 

Business  number

865797353

Company  name

MANUCHAR  STEEL  NV

Fax  number

036409330

Date  founded

16/06/2004

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.0865.797.353  Check  VAT

 

steel  and  of  ferro-alloys

(ECSC)*

 

number

Belgian  Bullettin  of  Acts

moniteur  belge

 

 

 

 

Publications

 

Contractor  details

Registered  contractor

-

number

 

Contractor  description

-

Date  struck  off  register

 

Personnel  (NSSO  classification)

 

Code

-

Description

-

Joint  Industrial  Committee  (JIC)

 

Significant  Events

 

Event  Date

08/03/2012

Event  Description

re-appointment  of  director(s)

Event  Details

Commentaar  08-03-2012:  Herbenoemd  als  bestuurders  voor  een  periode  van  zes  jaar  :  Huybrechts

Philippe  (tevens  als  gedelegeerd  bestuurder),  Aerts  Dirk,  Yong  Xia,  De  schutter  Bart  en  Roegiest Peter.

 

 

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

763,214

0

763,214

0.00

763,212

0.11

762,408

0.98

755,001

Intangible  fixed  assets

0

-

0

-

0

-

0

-

0

Tangible  fixed  assets

-

-

-

-

-

-

-

-

-

Land  &  building

-

-

-

-

-

-

-

-

-

Plant  &  machinery

-

-

-

-

-

-

-

-

-

Furniture  &  Vehicles

-

-

-

-

-

-

-

-

-

Leasing  &  Other  Similar  Rights

-

-

-

-

-

-

-

-

-

Other  tangible  assets

0

-

0

-

0

-

0

-

0

Financial  fixed  assets

763,214

0

763,214

0.00

763,212

0.11

762,408

0.98

755,001

Total  current  assets

78,774,068

42.26

55,374,020

-37.94

89,226,490

34.65

66,264,576

87.16

35,406,044

Inventories

-

-

-

-

-

-

-

-

-

Raw  materials  &  consumables

-

-

-

-

-

-

-

-

-

Work  in  progress

0

-

0

-

0

-

0

-

0

Finished  goods

0

-

0

-

0

-

0

-

0

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

67,396,561

51.13

44,595,602

-47.05

84,227,075

30.99

64,300,167

102

31,754,427

Other  amounts  receivable

6,351,901

-30.42

9,129,363

156

3,557,518

596

511,089

-58.22

1,223,356

Cash

4,725,604

186

1,649,055

14.87

1,435,527

-1.22

1,453,321

-35.96

2,269,284

Miscellaneous  current  assets

300,002

-

0

-100

6,370

-

0

-100

88,977

Total  Assets

79,537,281

41.68

56,137,233

-37.62

89,989,702

34.26

67,026,984

85.36

36,161,044

 

 

Liabilities

 

Total  shareholders  equity

7,381,396

5.66

6,985,886

-53.60

15,055,691

14.68

13,128,939

-0.55

13,201,608

Issued  share  capital

3,500,000

0

3,500,000

0

3,500,000

0

3,500,000

0

3,500,000

Share  premium  account

-

-

-

-

-

-

-

-

-

Revaluation  reserve

-

-

-

-

-

-

-

-

-

Reserves

3,881,396

11.35

3,485,886

-69.83

11,555,691

20.01

9,628,939

-0.75

9,701,608

Provisions  for  Liabilities  &

0

-

0

-

0

-

0

-

0

Charges

 

 

 

 

 

 

 

 

 

Deffered  taxes

-

-

-

-

-

-

-

-

-

Creditors

72,155,885

46.80

49,151,347

-34.41

74,934,011

39.03

53,898,045

134

22,959,436

Other  long  term  loans

-

-

-

-

-

-

-

-

-

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

0

-

0

-

0

-

0

-

0

Current  portion  of  long  term  debt

371,478

-20.28

466,000

39.10

335,000

-

-

-

166,901

Financial  debts

58,626,143

94.21

30,187,014

-56.64

69,624,767

41.75

49,119,562

189

16,979,022

Trade  creditors

10,633,079

44.59

7,353,765

178

2,641,097

14.18

2,313,098

-55.59

5,208,973

Amounts  Payable  for  Taxes,

44,894

-61.58

116,859

-81.95

647,241

257

181,280

-

-

Remuneration  &  Social  Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

2,480,291

-77.51

11,027,710

554

1,685,905

-26.19

2,284,106

277

604,540

Total  current  liabilities

72,155,885

46.80

49,151,347

-34.41

74,934,011

39.03

53,898,045

134

22,959,436

Total  Liabilities

79,537,281

41.68

56,137,233

-37.62

89,989,702

34.26

67,026,984

85.36

36,161,044

 

 

ratio  analysis

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

0.28

-30.0

0.40

-68.50

1.27

35.11

0.94

-30.37

1.35

Return  on  capital  employed

9.20

-14.02

10.70

-40.95

18.12

43.58

12.62

10.60

11.41

Return  on  total  assets  employed

0.85

-36.09

1.33

-56.11

3.03

22.67

2.47

-40.77

4.17

Return  on  net  assets  employed

9.20

-14.02

10.70

-40.95

18.12

43.58

12.62

10.60

11.41

Sales  /  net  working  capital

36.31

21.03

30.00

98.94

15.08

5.31

14.32

60.18

8.94

Stock  turnover  ratio

-

-

-

-

-

-

-

-

-

Creditor  days

16.44

12.76

14.58

217

4.59

-5.36

4.85

-72.30

17.51

Debtor  days

102.36

17.41

87.18

-38.87

142.61

7.60

132.54

27.30

104.12

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

1.09

-3.54

1.13

-5.04

1.19

-3.25

1.23

-20.13

1.54

Liquidity  ratio  /  acid  ratio

1.09

-3.54

1.13

-5.04

1.19

-3.25

1.23

-20.13

1.54

Current  debt  ratio

9.78

38.92

7.04

41.37

4.98

21.17

4.11

136

1.74

Liquidity  ratio  reprocessed

-

-

 

-

-

-

-

-

-

-

Cashflow

395,510

-37.24

630,195

-67.29

1,926,752

56.99

1,227,331

6.89

1,148,251

 

Net  worth

7,381,396

5.66

6,985,886

-53.60

15,055,691

14.68

13,128,939

-0.55

13,201,608

 

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

 

Gearing

799.27

82.16

438.78

-5.57

464.67

24.20

374.13

188

129.88

 

Equity  in  percentage

9.28

-25.40

12.44

-25.64

16.73

-14.60

19.59

-46.34

36.51

 

Total  debt  ratio

9.78

38.92

7.04

41.37

4.98

21.17

4.11

136

1.74

 

Working  capital

6,618,183

6.36

6,222,673

-56.46

14,292,480

15.57

12,366,532

-0.64

12,446,608

 

Operating  result

4,260,864

62.85

2,616,465

-50.90

5,328,460

76.47

3,019,507

10.34

2,736,425

 

Total  financial  income

201,307

-35.27

311,010

-47.31

590,278

33.01

443,785

-27.45

611,712

 

Total  financial  expenses

3,783,211

73.53

2,180,159

-31.67

3,190,568

76.65

1,806,168

-1.92

1,841,547

 

Results  on  ordinary

678,960

-9.15

747,315

-72.61

2,728,171

64.63

1,657,125

9.99

1,506,591

 

operations  before  taxation

 

 

 

 

 

 

 

 

 

 

Extraordinary  Income

-

-

-

-

-

-

3,966

-

-

 

Extraordinary  Charges

154,000

-

-

-

-

-

-

-

-

 

Extraordinary  items

-154,000

-

0

-

0

-100

3,966

-

0

 

Results  for  the  Year  Before

524,960

-29.75

747,315

-72.61

2,728,171

64.24

1,661,090

10.25

1,506,591

 

Taxation

 

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

 

Taxation

129,450

10.53

117,120

-85.39

801,419

84.76

433,759

21.05

358,340

 

Results  on  ordinary

operations  after  taxation

549,510

-12.80

630,195

-67.29

1,926,752

57.50

1,223,365

6.54

1,148,251

 

Net  result

395,510

-37.24

630,195

-67.29

1,926,752

56.99

1,227,331

6.89

1,148,251

 

Profit  (Loss)  for  the  Year  to be  appropiated

395,510

-39.92

658,320

-75.54

2,691,752

23.16

2,185,582

39.04

1,571,875

 

Dividends

-

-

8,700,000

-

-

-

1,300,000

-

-

 

 

 

Social  Balance  Sheet  Details

 

 

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet

 

 

 

Total

 

 

 

 

 

During  the  reporting  year

 

 

 

 

 

 

 

 

 

ended  31-12-2013

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

-

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total  Fte  Employees

 

 

 

-

 

 

 

 

 

Number  of  hours  worked

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

-

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total

 

 

 

-

 

 

 

 

 

Personnel  Charges

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

 

-

 

 

 

 

 

Part-time  Employees

 

 

 

-

 

 

 

 

 

Total

 

 

 

-

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

During  the  previous  reporting  year

 

 

 

 

 

 

 

 

 

Average  number  employees  in  Fte

 

 

 

-

 

 

 

 

 

Actual  working  hours

 

 

 

-

 

 

 

 

 

Personnel  Charges

 

 

 

-

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

 

-

 

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

-

-

-

Contracts

 

 

 

Limited  Duration  Contracts

-

-

-

Contracts  For  Specific  Work

-

-

-

Contracts  Regarding Substitution

-

-

-

 

 

Gender  and  Education

Level

Men                 

Full-Time

Part-Time

Total  Fte

Primary  education

-

-

-

Secondairy  education

 

 

 

Higher  education  (non university)

-

-

-

Higher  education (university)

-

-

-

 

-

-

-

Women

Full-Time

Part-Time

Total  Fte

Primary  education

 

 

 

Secondairy  education

 

 

 

Higher  education  (non university)

 

 

 

Higher  education (university)

 

 

 


 

Working  Category

Full-Time

Part-Time

Total  Fte

Management

-

-

-

White  collar  worker

-

-

-

Blue  collar  worker

-

-

-

Other

-

-

-

 

 

 

 

Temporary  personnel

 

Total

 

Average  number  of  temporary  staff

 

-

 

Actual  working  hours

 

-

 

Cost  of  temporary  staff

 

-

 

 

 

 

 

New  staff  and  leavers

Full-Time

Part-Time

Total  Fte

New  Starters

-

-

-

Leavers

-

-

-

 

 

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

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

 

 

 

Payment  Information

 

 

Suspension  of  payments  /  moratorium  history

Amount

-

Details

-

Payment  expectations

 

Payment  expectation  days

16.44

Day  sales  outstanding

102.36

 

 

Industry  comparison

 

Activity  code

24100

Activity  description

Manufacture  of  basic  iron  and  steel  and  of  ferro-alloys  (ECSC)*

Industry  average  payment

129.27

expectation  days

 

Industry  average  day  sales

154.93

outstanding

 

 

 

Industry  quartile  analysis

 

Payment  expectations

 

Company  result

16.44

Lower

106.18

Median

68.21

Upper

40.83

 

Day  sales  outstanding

 

Company  result

102.36

Lower

83.75

Median

48.30

Upper

29.40

 

 

Shareholder  Details

 

Summary

 

Group  -  Number  of  Companies

37

 

 

 

Linkages  -  Number  of  Companies

0

 

 

 

Number  of  Countries

0

 

 

 

 

Group  Structure

 

 

 

 

 

Company  name

 

Number

Latest

Rating

 

 

 

financials

 

- MANUCHAR  NV

 

407045751

31-12-2013

97

- - BAUBUR  NV

 

404874436

31-12-2013

98

- - EXPAN  CHEMICALS  NV

 

827561141

31-12-2013

67

- - - EXPAN  HONG  KONG  SOC.ETR.  E.P.B.

 

 

 

 

- - LDI  INTERNATIONAL  NV

 

472156309

31-12-2013

77

- - MANUCHAR  STEEL  NV

 

865797353

31-12-2013

86

- - - MANUCHAR  STEEL  HONG  KONG  LTD  SOC.ETR.  E...

 

 

 

 

- - PARTS  TRADING  COMPANY  NV

 

423722526

31-12-2013

87

- - UNIT  ONE  NV

 

449634887

31-12-2013

82

- - FÉDÈLE  ANDRÉ  BOIS  SOC.ETR.  E.P.B.

 - - MANUCHAR  ALGERIE  SOC.ETR.  E.P.B.

- - MANUCHAR  ARGENTINA  SOCIEDAD  ANONIMA  SOC...

- - MANUCHAR  AUSTRALIA  SOC.ETR.  E.P.B.

- - MANUCHAR  CHILI  SOC.ETR.  E.P.B.

- - MANUCHAR  COMÉRCIO  EXTERIOR  LTDA  SOC.ETR...

- - MANUCHAR  COTE  D'IVOIRE  SOC.ETR.  E.P.B.

- - MANUCHAR  DOMINICANA  SOC.ETR.  E.P.B.

- - MANUCHAR  EL  SALVADOR  SOC.ETR.  E.P.B.

- - MANUCHAR  GHANA  SOC.ETR.  E.P.B.

- - MANUCHAR  GUATEMALA  SOC.ETR.  E.P.B.

- - MANUCHAR  HONDURAS  SA  DE  CV  SOC.ETR.  E.P...

- - MANUCHAR  HONG  KONG  LTD  SOC.ETR.  E.P.B.

- - MANUCHAR  INC

US28350621

47

- - MANUCHAR  INDIA  SOC.ETR.  E.P.B.

 - - MANUCHAR  INDONESIA  SOC.ETR.  E.P.B.

- - MANUCHAR  INTERNATIONAL  SA  DE  SOC.ETR.  E...

 - - MANUCHAR  KAZAKHSTAN  SOC.ETR.  E.P.B.

- - MANUCHAR  KENYA  SOC.ETR.  E.P.B.

- - MANUCHAR  MIDDLE  EAST  FZE  SOC.ETR.  E.P.B.

- - MANUCHAR  PHILIPPINES  INC  SOC.ETR.  E.P.B.

- - MANUCHAR  THAILAND  LTD  SOC.ETR.  E.P.B.

- - MANUCHAR  TRADING  HOUSE  SOC.ETR.  E.P.B.

- - MANUCHAR  TRINIDAD  SOC.ETR.  E.P.B.

- - MANUCHAR  UKRAINE  LTD  SOC.ETR.  E.P.B.

- - MANUCHAR  VENEZUELA  SOC.ETR.  E.P.B.

 - MANUCHAR  ZUID-AFRIKA  SOC.ETR.  E.P.B.

- - ROSSIYA  BELGIUM  MANUCHAR  CHEMICALS  SOC.E...

 

 

Minority  Shareholders

 

Business

Company  name

%

Date  of

number

 

 

accounts

404874436

Baubur  NV

0.1

31/12/2013

 

Minority  Interests

 

 

 

Business

Company  name

%

Date  of

number

 

 

accounts

-

ACIERS  DU  NORD  SA  SOC.ETR.

E.P.B.

50

-

 

MANUCHAR  INDONESIA

SOC.ETR.  E.P.B.

10

-

-

MANUCHAR  INDONESIA

10

-

 

SOC.ETR.  E.P.B.

 

 

 

                                   

 

Companies  that  match  this  address

 

Business  number

Company  name

Date  of  accounts

404521771

AGENCE  MARITIME  T  DEN  HARTIGH  NV

31/12/2003

404534144

A.  MAAS  &  CO  NV

30/06/2013

404669746

SOCIÉTÉ  ANVERSOISE  DE  TRANSPORT  D?INDUSTRIE  ET  DE

31/12/2013

404874436

BAUBUR  NV

31/12/2013

406369721

IN  BERNARD  INTERNATIONAL  SA.  IN  VEREFFENING  NV

31/07/2003

408731868

ASSOCIATION  DES  IMPORTATEURS  DE  GRAVIERS  ET  SABLES

-

412750044

READY  BETON  NV

31/12/2013

414028761

MAAS  INTERNATIONAL  IN  VEREFFENING

-

415138818

COPEM  NV

31/12/2013

421309107

BELGRI  CV  IN  VEREFFENING

-

422163596

MAXX  SHIPPING  NV

31/12/2003

422163596

MAXX  SHIPPING  NV

31/12/2003

423374019

FINAMCO

-

423722526

PARTS  TRADING  COMPANY  NV

31/12/2013

423722526

PARTS  TRADING  COMPANY  NV

31/12/2013

430519652

MUTUAL  AID  ADMINISTRATION  SERVICES  NV

31/12/2003

445483782

MAAS  LOGISTICS  FOR  THE  DAIRY  INDUSTRY  NV

07/12/2011

445489623

MAAS  LOGISTICS  FOR  THE  MALTING  &  BREWING  INDUSTRY

-

445523770

MAAS  LOGISTICS  FOR  FOREST  PRODUCTS  NV

-

445525651

MAXX  LOGISTICS  FOR  COMMERCE  AND  INDUSTRY  NV

31/12/2003

449634887

UNIT  ONE  NV

31/12/2013

451067717

MAAS  CLEARING  =UNION  COMMERCIALE  NV

-

456594935

UNIT  TWO  NV

31/12/2013

457874246

PET  FOOD  BELGIUM  IN  VEREFFENING  NV

31/12/2013

459801378

SEMX=ENSO  PUBLICATION  PAPERS  OY  NV

-

460681110

MANUXIM  CVBA  CVBA

31/12/2013

462225982

MAAS  CLEARING=METELMANN  C|  GMBH  NV

-

462947742

MAAS  CLEARING  SERV=CARREX  INTERN  NV

-

463435613

KGMX  CUSTOMS&AGENCIES=C.I.V  INT  NV

-

463435811

KGMX  CUSTOMS&AGENCIES=CHARTO  NV

-

472156309

LDI  INTERNATIONAL  NV

31/12/2013

472246478

CONTINENT  LOGISTICS  IN  VEREFFENING  NV

31/12/2005

516982779

LAURET  EUGÈNE

-

817346942

WBS  THV.  BEROEPSVER.

-

827561141

EXPAN  CHEMICALS  NV

31/12/2013

862551615

KGMX  CUSTOMS  &AGENCIES=EBRO  PULE  NV

-

865304138

THV  SAVA

-

897302854

GRANDVERPIA  BEROEPSVER.

-

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

37

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

PHILIPPE  HUYBRECHTS

Position

Chairman  of  the  Board

Start  Date

09/06/2004

Street

20 BREEMLAAN  BOECHOUT

Post  code

2530

Country

Belgium

Position

Managing  Director

Start  Date

09/06/2004

Street

20 BREEMLAAN  BOECHOUT

Post  code

2530

Country

Belgium

Position

Director

Start  Date

09/06/2004

Street

20 BREEMLAAN  BOECHOUT

Post  code

2530

Country

Belgium

Name

BART  DE  SCHUTTER

Position

Director

Start  Date

08/03/2012

End  Date

08/03/2018

Street

21 KRAANSTRAAT  SCHILDE

Post  code

2970

Country

Belgium

Name

YONG  XIA

Position

Director

Start  Date

12/03/2009

End  Date

08/03/2018

Date  of  birth

31/03/1967

Street

19 WATERSTRAAT  KORTENBERG

Post  code

3071

Country

Belgium

Name

DIRK  AERTS

Position

Director

Start  Date

12/03/2009

End  Date

08/03/2018

Street

34 HERMELIJNLAAN  SCHOTEN

Post  code

2900

Country

Belgium

Name

PETER  ROEGIEST

Position

Director

Start  Date

12/03/2009

End  Date

08/03/2018

Street

5 KONINGSHOFLEI  SCHOTEN

Post  code

2900

Country

Belgium

Former  director  details

 

Name

BART  DE  SCHUTTER

Position

Director

Start  Date

12/03/2009

End  Date

31/12/2010

Street

78 GRAAF  CORNETSTRAAT  ZEMST

Post  code

1981

Country

Belgium

Name

PHILIPPE  LOUIS  MARIE-CLAIRE  HUYBRECHS

Position

Managing  Director

Start  Date

12/03/2009

End  Date

Unknown  date

Date  of  birth

30/09/1959

Street

 

Post  code

 

Country

Brazil

Position

Director

Start  Date

09/06/2004

End  Date

Unknown  date

Date  of  birth

30/09/1959

Street

 

Post  code

 

Country

Brazil

 

FOREIGN EXCHANGE RATES

 

Currency
Unit

Indian Rupees

US Dollar

1

Rs.63.85

UK Pound

1

Rs.98.38

Euro

1

Rs.69.64

 

INFORMATION DETAILS

 

Analysis Done by :

RAS

 

 

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.