MIRA INFORM REPORT

 

 

Report No. :

351679

Report Date :

23.11.2015

 

IDENTIFICATION DETAILS

 

Name :

SOCIETE INDUSTRIELLE LIEGEOISE DES OXYDES SA

 

 

Registered Office :

Rue Joseph Wauters(Eng)  144 4480 Engis

 

 

Country :

Belgium

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

22.12.1983

 

 

Com. Reg. No.:

425177823

 

 

Legal Form :

Public  limited  company

 

 

Line of Business :

Lead,  zinc  and  tin  production

 

 

No. of Employee :

10

 

 

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 – March 31, 2015

 

Country Name

Previous Rating

(31.12.2014)

Current Rating

(31.03.2015)

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 budget deficit was 3.2% of GDP. 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 a 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  summary

 

Business  number

425177823

Branche  Unit  Number

2023890350

Company  name

SOCIETE  INDUSTRIELLE  LIEGEOISE  DES  OXYDES  SA

Address

RUE  JOSEPH  WAUTERS(ENG)  144

 

4480 ENGIS

Number  of  staff

10

Date  of  establishment

22/12/1983

Telephone  number

042276883

Fax  number

042739636

 

 

Ultimate  holding  company

 

Company  name

Company  Number

SOCIETE  INDUSTRIELLE  LIEGEOISE  DES  OXYDES  SA

425177823

 

 

Commentary

 

The  business  was  established  over  31  years  ago.

The  business  has  10  employees.

The  business  is  part  of  a  group.

The  business  has  changed  its  registered  name  recently.

The  business  has  been  at  the  address  for  over  25  years.

Working  Capital  is  a  negative  amount  during  the  latest  trading  period.

 

 

Accounts

 

DATE  OF  LATEST  ACCOUNTS

TURNOVER

PROFIT  BEFORE  TAX

NET  WORTH

WORKING  CAPITAL

31/12/2014

39,291,528

1,213,013

31,307,398

-17,653,587

31/12/2013

36,091,666

-585,449

30,888,592

-18,374,363

31/12/2012

35,269,426

-2,664,613

31,142,412

-15,403,037

 

 

 

 

 

Accounts

 

 

 

 

DATE  OF  LATEST  ACCOUNTS

BALANCE  TOTAL

NUMBER  OF  EMPLOYEES

CAPITAL

CASHFLOW

31/12/2014

66,986,302

10

4,192,000

5,782,431

31/12/2013

65,916,991

10

4,192,000

3,957,033

31/12/2012

67,063,664

10

4,192,000

480,037

 

Trends

 

Profitability

Liquidity

Net  worth

 

 

Payment  expectations

 

Past  payments

 

Payment  expectation  days

56.42

Industry  average  payment

44.68

Industry  average  day  sales

55.10

expectation  days

 

outstanding

 

Day  sales  outstanding

67.16

 

 

 

 

Court  data  summary

 

BANKRUPTCY  DETAILS

Court  action  type

no

 

PROTESTED  BILLS

Bill  amount

-

 

NSSO  DETAILS

Date  of  summons

-

 

 

Company  information

 

Business  number

425177823

Company  name

SOCIETE  INDUSTRIELLE

 

 

 

LIEGEOISE  DES  OXYDES

 

 

 

SA

Fax  number

042739636

Date  founded

22/12/1983

Company  status

active

Company  type

Public  limited  company

Currency

Euro  (€)

Date  of  latest  accounts

31/12/2014

Activity  code

24430

Liable  for  VAT

yes

Activity  description

Lead,  zinc  and  tin  production

VAT  Number

BE.0425.177.823  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

207

Description

Joint  committee  for  the  employees  off  he  chemical  industry

category

 

Significant  Events

Event  Date

25/02/2014

Event  Description

 

Event  Details

Modification  de  l'objet  social.

 

 

Company  accounts

 

Assets

 

 

 

 

 

 

 

 

 

Annual  accounts

31-12-2014

%

31-12-2013

%

31-12-2012

%

31-12-2011

%

31-12-2010

Weeks

52

 

52

 

52

 

52

 

52

Currency

EUR

 

EUR

 

EUR

 

EUR

 

EUR

Total  fixed  assets

51,458,852

-0.05

51,485,261

2.89

50,037,123

9.83

45,560,248

-7.08

49,031,418

Intangible  fixed  assets

0

-

0

-

0

-

0

-100

397

Tangible  fixed  assets

12,335,226

-10.96

13,853,809

-0.28

13,893,251

35.14

10,280,698

3.77

9,907,512

Land  &  building

515,198

131

222,082

-17.78

270,101

-20.34

339,088

681

43,375

Plant  &  machinery

6,206,373

-30.05

8,871,992

24.40

7,131,941

40.75

5,067,277

55.71

3,254,207

Furniture  &  Vehicles

3,356

-48.50

6,517

43.67

4,536

-33.41

6,812

-29.56

9,670

Leasing  &  Other  Similar  Rights

5,216,443

14.80

4,543,929

-21.61

5,796,447

47.04

3,942,217

221

1,228,022

Other  tangible  assets

393,856

88.19

209,289

-69.68

690,226

-25.41

925,304

-82.78

5,372,238

Financial  fixed  assets

39,123,626

3.97

37,631,452

4.12

36,143,872

2.45

35,279,550

-9.83

39,123,509

Total  current  assets

15,527,450

7.59

14,431,730

-15.24

17,026,541

-18.08

20,783,600

-13.83

24,119,890

Inventories

3,782,990

-1.04

3,822,843

-1.55

3,882,891

15.95

3,348,722

34.88

2,482,779

Raw  materials  &  consumables

515,974

-11.05

580,063

-6.60

621,067

-35.98

970,141

46.54

662,013

Work  in  progress

0

-

0

-100

4,121

273

1,104

-

0

Finished  goods

3,267,016

0.75

3,242,780

-0.46

3,257,703

37.02

2,377,477

30.58

1,820,766

Other  stocks

0

-

0

-

0

-

0

-

0

Trade  debtors

7,229,383

9.65

6,593,077

3.14

6,392,119

-0.18

6,403,335

-10.32

7,140,588

Other  amounts  receivable

1,871,853

9.13

1,715,283

-64.94

4,892,436

157

1,898,095

-83.71

11,654,604

Cash

2,258,306

13.21

1,994,818

31.75

1,514,129

-69.84

5,019,530

204

1,646,938

Miscellaneous  current  assets

384,918

25.91

305,709

-11.38

344,966

-91.61

4,113,918

244

1,194,981

Total  Assets

66,986,302

1.62

65,916,991

-1.71

67,063,664

1.08

66,343,848

-9.31

73,151,308

 

Liabilities

 

Total  shareholders  equity

31,307,398

1.36

30,888,592

-0.82

31,142,412

-5.91

33,097,789

11.79

29,608,207

Issued  share  capital

4,192,000

0

4,192,000

0

4,192,000

0

4,192,000

0

4,192,000

Share  premium  account

24,056,825

0

24,056,825

0

24,056,825

0

24,056,825

0

24,056,825

Revaluation  reserve

0

-

0

-

0

-

0

-

0

Reserves

3,058,573

15.87

2,639,767

-8.77

2,893,587

-40.33

4,848,964

256

1,359,382

Provisions  for  Liabilities  &  Charges

194,660

1.31

192,140

-4.04

200,227

14.25

175,247

-9.73

194,127

Deffered  taxes

0

-

0

-

0

-

0

-

0

Creditors

35,484,244

1.86

34,836,259

-2.48

35,721,025

8.01

33,070,812

-23.71

43,348,974

Other  long  term  loans

2,303,207

13.45

2,030,166

-38.32

3,291,447

47.03

2,238,620

-31.06

3,247,034

Long  term  group  loans

-

-

-

-

-

-

-

-

-

Other  long  term  liabilities

0

-

0

-

0

-

0

-

0

Total  long  term  debts

2,497,867

12.40

2,222,306

-36.35

3,491,674

44.65

2,413,867

-29.85

3,441,161

Current  portion  of  long  term  debt

1,443,149

14.42

1,261,281

0.10

1,259,986

24.95

1,008,414

9.93

917,345

Financial  debts

22,809,762

-4.64

23,920,598

-3.21

24,714,155

27.17

19,433,932

-25.99

26,258,859

Trade  creditors

6,316,267

1.58

6,218,187

3.54

6,005,613

-13.49

6,942,280

2.66

6,762,394

Amounts  Payable  for  Taxes,

192,502

34.17

143,478

-4.65

150,477

-15.43

177,922

4.56

170,168

Remuneration  &  Social  Security

 

 

 

 

 

 

 

 

 

Miscellaneous  current  liabilities

2,419,357

91.62

1,262,549

321

299,347

-90.84

3,269,644

-45.44

5,993,174

Total  current  liabilities

33,181,037

1.14

32,806,093

1.16

32,429,578

5.18

30,832,192

-23.12

40,101,940

Total  Liabilities

66,986,302

1.62

65,916,991

-1.71

67,063,664

1.08

66,343,848

-9.31

73,151,308

 

 

ratio  analysis

 

 

 

 

 

 

 

 

 

TRADING  PERFORMANCE

 

 

 

 

 

 

 

 

 

Profit  Before  Tax

3.09

190

-1.62

21.43

-7.56

-125

29.22

730

3.52

Return  on  capital  employed

3.59

202

-1.77

23.02

-7.69

-126

29.23

692

3.69

Return  on  total  assets

1.81

203

-0.89

22.42

-3.97

-125

15.65

837

1.67

employed

 

 

 

 

 

 

 

 

 

Return  on  net  assets

3.87

203

-1.90

22.20

-8.56

-127

31.36

661

4.12

employed

 

 

 

 

 

 

 

 

 

Sales  /  net  working  capital

-2.23

-13.78

-1.96

85.59

-2.29

64.69

-3.54

-63.13

-2.17

Stock  turnover  ratio

9.63

-9.07

10.59

-3.81

11.01

16.76

9.43

31.52

7.17

Creditor  days

56.42

-2.20

57.69

3.28

55.86

-19.09

69.04

-3.60

71.62

Debtor  days

67.16

0.72

66.68

0.80

66.15

0.55

65.79

-12.62

75.29

SHORT  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Current  ratio

0.47

6.82

0.44

-16.98

0.53

-20.90

0.67

11.67

0.60

Liquidity  ratio  /  acid  ratio

0.35

9.38

0.32

-21.95

0.41

-28.07

0.57

5.56

0.54

Current  debt  ratio

1.06

0

1.06

1.92

1.04

11.83

0.93

-31.11

1.35

Liquidity  ratio  reprocessed

-

-

-

-

-

-

-

-

-

Cashflow

5,782,431

46.13

3,957,033

724

480,037

-93.95

7,933,683

97.29

4,021,414

Net  worth

31,307,398

1.36

30,888,592

-0.82

31,142,412

-5.91

33,097,789

11.79

29,607,810

LONG  TERM  STABILITY

 

 

 

 

 

 

 

 

 

Gearing

84.82

-3.72

88.10

-6.25

93.97

37.12

68.53

-33.30

102.75

Equity  in  percentage

46.74

-0.26

46.86

0.90

46.44

-6.92

49.89

23.25

40.48

Total  debt  ratio

1.14

0.88

1.13

-1.74

1.15

15.00

1.00

-31.97

1.47

Working  capital

-17,653,587

96.08

-18,374,363

-19.29

-15,403,037

-53.29

-10,048,592

62.87

-15,982,050

 

Profit  &  loss

 

 

 

 

 

 

 

 

 

Operating  Income

41,478,960

11.41

37,232,025

-2.51

38,188,893

3.17

37,016,141

5.14

35,206,936

Turnover

39,291,528

8.87

36,091,666

2.33

35,269,426

-0.71

35,523,047

2.61

34,618,670

Total  operating  expenses

40,859,110

3.85

39,345,321

0.27

39,239,566

6.91

36,704,164

6.51

34,461,242

Gross  Operating  Margin

-

-

-

-

-

-

-

-

-

Operating  Charges

43,046,542

6.33

40,485,680

-3.97

42,159,033

10.37

38,197,258

8.98

35,049,508

Employee  costs

1,391,263

11.23

1,250,802

0.98

1,238,621

7.86

1,148,344

3.85

1,105,821

Wages  and  salary

840,294

1.24

829,991

4.67

792,982

7.59

737,046

-2.05

752,439

Employee  pension  costs

-

-

-

-

-

-

-

-

-

Social  security  contributions

261,776

14.24

229,153

-0.72

230,821

9.05

211,673

0.29

211,052

Other  employee  costs

289,193

50.89

191,658

-10.78

214,818

7.61

199,625

40.26

142,330

Director  remuneration

-

-

-

-

-

-

-

-

-

Amortization  and  depreciation

3,076,967

0.72

3,055,033

31.68

2,320,062

65.95

1,398,026

13.51

1,231,619

Operating  result

-1,567,582

48.18

-3,253,655

81.95

-3,970,140

-236

-1,181,117

-850

157,428

Total  financial  income

3,145,004

-2.23

3,216,788

73.62

1,852,787

-84.79

12,179,862

510

1,993,583

Total  financial  expenses

364,409

-33.57

548,582

0.24

547,260

-11.55

618,688

-33.57

931,363

Results  on  ordinary  operations

1,213,013

207

-585,449

21.97

-2,664,613

-125

10,380,057

751

1,219,648

before  taxation

 

 

 

 

 

 

 

 

 

Extraordinary  Income

1,493,317

0.39

1,487,580

72.11

864,322

-

-

-

1,570,772

Extraordinary  Charges

-

-

131

-99

39,734

-98.97

3,844,400

615004

625

Extraordinary  items

1,493,317

0.39

1,487,449

80.39

824,588

21.45

-3,844,400

-344

1,570,147

Results  for  the  Year  Before

2,706,330

200

902,000

49.02

-1,840,025

-128

6,535,657

134

2,789,795

Taxation

 

 

 

 

 

 

 

 

 

Other  appropriations

-

-

-

-

-

-

-

-

-

Taxation

866

-

-

-

-

-

-

-

-

Results  on  ordinary  operations

1,212,147

207

-585,449

21.97

-2,664,613

-125

10,380,057

751

1,219,648

after  taxation

 

 

 

 

 

 

 

 

 

Net  result

2,705,464

199

902,000

49.02

-1,840,025

-128

6,535,657

134

2,789,795

Profit  (Loss)  for  the  Year  to  be appropiated

2,705,464

199

902,000

49.02

-1,840,025

-128

6,535,657

134

2,789,795

Dividends

2,150,000

115

1,000,000

-

-

-

-

-

5,616,704

 

 

Social  Balance  Sheet  Details

 

Social  Balance  Sheet  Details

 

 

 

 

 

 

 

 

 

Social  Balance  Sheet

 

 

 

Total

 

 

 

 

 

During  the  reporting  year

 

 

 

 

 

 

 

 

 

ended  31-12-2014

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

10

 

 

 

 

 

 

Part-time  Employees

 

 

-

 

 

 

 

 

 

Total  Fte  Employees

 

 

10

 

 

 

 

 

 

Number  of  hours  worked

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

16,489

 

 

 

 

 

 

Part-time  Employees

 

 

-

 

 

 

 

 

 

Total

 

 

16,489

 

 

 

 

 

 

Personnel  Charges

 

 

 

 

 

 

 

 

 

Full-time  Employees

 

 

1,222,578

 

 

 

 

 

 

Part-time  Employees

 

 

-

 

 

 

 

 

 

Total

 

 

1,222,578

 

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

15,175

 

 

 

 

 

 

During  the  previous  reporting  year

 

 

 

 

 

 

 

 

 

Average  number  employees  in  Fte

 

 

-

 

 

 

 

 

 

Actual  working  hours

 

 

16,896

 

 

 

 

 

 

Personnel  Charges

 

 

1,114,197

 

 

 

 

 

 

Benefits  In  Addition  To  Wages

 

 

15,502

 

 

 

 

 

 

 

 

Type  of  Contract

Full-Time

Part-Time

Total  Fte

Unlimited  Duration

10

-

10

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

4

-

4

university)

 

 

 

Higher  education

6

-

6

(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

5

-

5

White  collar  worker

5

-

5

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

24430

 

Activity  description

Lead,  zinc  and  tin  production

 

 

 

Payment  Information

 

Payment  Information  Summary

 

Total  number  of  Invoices  available

99

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

89

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

7

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

56.42

Day  sales  outstanding

67.16

 

 

Industry  comparison

 

Activity  code

24430

Activity  description

Lead,  zinc  and  tin  production

Industry  average  payment expectation  days

44.68

Industry  average  day  sales outstanding

55.10

 

 

Industry  quartile  analysis Payment  expectations

 

Company  result

56.42

Lower

56.42

Median

44.29

Upper

30.70

 

 

Day  sales  outstanding

 

Company  result

67.16

Lower

67.16

Median

44.65

Upper

38.89

 

 

Shareholder  Details

 

Summary

 

 

 

 

 

Group  -  Number  of  Companies

7

 

 

 

 

Linkages  -  Number  of  Companies

6

 

 

 

 

Number  of  Countries

6

 

 

 

 

 

Group  Structure

 

 

 

Company  name

 

Number

Latest

 

 

 

financials

- SOCIETE  INDUSTRIELLE  LIEGEOISE  DES  OXYDE...

 

425177823

31-12-2014

- - JEAN  GOLDSCHMIDT  INTERNATIONAL  SA

        401872483

31-12-2014

- - - HYDROMETAL  SA

        427416939

31-12-2014

- - SA  SOCIETE  NOUVELLE  DES  COULEURS  ZINCIQU...

 

 

- - SILOX  UK  LIMITED

 

 

- - SILOX  CAN  SA

 

 

- - TRANSPEK  SILOX  INDUSTRY  LIMITED  SA

 

 

 

 

Minority  Shareholders

 

Business

Company  name

%

Date  of

number

 

 

accounts

461480270

CYBELLE  SA

49.32

31/12/2014

 

Minority  Interests

 

 

 

Business

Company  name

%

Date  of

number

 

 

accounts

427416939

HYDROMETAL  SA

5.03

31/12/2014

 

 

Companies  that  match  this  address

 

no  Companies  Match  this  address

 

 

Linked  Companies

 

Summary

 

Group  -  Number  of  Companies

7

 

 

 

 

 

Linkages  -  Number  of  Companies

6

 

 

 

 

 

Number  of  Countries

6

 

 

 

 

 

 

Linked  Companies

 

 

 

NAME

NUMBER

LATEST  KEY

TURNOVER

 

 

FINANCIALS

 

 

 

 

 

CYBELLE  SA

461480270

31.12.2014

€224.873

KURT  OELLIG  GMBH

HRB  7519

31.12.2012

-

ABASTECEDORA  DE  MATERIAS

-

-

-

PLASTICAS  SOC.ETR.  E.P.B.

 

 

 

CEDAP  MEXICO,  S.A.  DE  SOC.ETR.  E.P.B.

-

-

-

CYBELLE  (HK)  LTD  SOC.ETR.  E.P.B.

-

-

-

SOCIÉTÉ  MEDITERRANNEENNE  DE PARTICIPATION

-

-

-

 

 

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

 

Position

Director

Start  Date

20/08/2015

Street

 

Post  code

 

Country

 

 

 

Name

Joël  Winkin

Name

André  Petitjean

Position

Director

Start  Date

13/05/2014

Street

10 GRAND-MARCHIN  MARCHIN

Post  code

4570

Country

Belgium

 

 

Name

ANTONIO  DI  NALLO

Position

Director

Start  Date

08/11/2013

Street

75 AV.  DU  GÉNÉRAL  DE  GAULLE

Post  code

78600

Country

France

 

 

Position

Permanent  representative  legal  entity

Start  Date

31/03/2010

Street

75 AV.  DU  GÉNÉRAL  DE  GAULLE

Post  code

78600

Country

France

 

 

Name

François  Dehem

Position

Director

Start  Date

08/11/2013

Street

99 AVENUE  EDMOND  PARMENTIER  BRUSSELS

Post  code

1150

Country

Belgium

 

 

Name

TIGRANE  DJIERDJIAN

Position

Director

Start  Date

22/12/1983

Street

26 BOULEVARD  DU  TENAO

Post  code

98000

Country

Monaco

 

 

Name

Philippe  Renier

Position

Person  responsible  for  day-to-day  management

Start  Date

14/05/2013

Street

18 RUE  DU  WÉRIHET  CHAUDFONTAINE

Post  code

4052

Country

Belgium

 

Former  director  details

 

Name

Philippe  Renier

Position

Managing  Director

Start  Date

27/10/1999

End  Date

14/05/2013

Street

18 RUE  DU  WÉRIHET  CHAUDFONTAINE

Post  code

4052

Country

Belgium

 

 

Position

Director

Start  Date

27/10/1999

End  Date

14/05/2013

Street

18 RUE  DU  WÉRIHET  CHAUDFONTAINE

Post  code

4052

Country

Belgium

 

 

Name

ANTONIO  DI  NALLO

Position

Managing  Director

Start  Date

14/05/2002

End  Date

31/03/2010

Street

75 AV.  DU  GÉNÉRAL  DE  GAULLE

Post  code

78600

Country

France

 

 

Position

Director

Start  Date

14/05/2002

End  Date

31/03/2010

Street

75 AV.  DU  GÉNÉRAL  DE  GAULLE

Post  code

78600

Country

France

 

 

Name

Marc  Damoisaux-Delnoy

Position

Director

Start  Date

04/11/2008

End  Date

20/08/2015

Street

6 Rue  Léon  Frédéricq  Liège

Post  code

4020

Country

Belgium

 

 

Name

Yves  Caprara

Position

Director

Start  Date

04/11/2008

End  Date

13/05/2014

Date  of  birth

14/01/1956

Street

5 RUE  DES  CARRIÈRES  ESNEUX

Post  code

4130

Country

Belgium

 

 

Name

Robert  Jasmin

Position

Director

Start  Date

31/03/2010

End  Date

14/05/2013

Date  of  birth

04/12/1950

Street

Post  code

Country

Canada

 

Position

Person  responsible  for  day-to-day  management

Start  Date

31/03/2010

End  Date

14/05/2013

Date  of  birth

04/12/1950

Street

 

Post  code

 

Country

Canada

 

 

Name

Willy  Marlier

Position

Director

Start  Date

18/03/1998

End  Date

05/11/2008

Street

 

Post  code

 

Country

 

 

 

Name

Robert  De  Coster

Position

Director

Start  Date

14/05/2002

End  Date

05/11/2008

Street

 

Post  code

 

Country

 

 

 

Name

MICHEL  VERNEREY

Position

Permanent  representative  legal  entity

Start  Date

22/12/1983

End  Date

31/03/2010

Street

26 RUE  ERLANGER

Post  code

75016

Country

France

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs. 66.09

UK Pound

1

Rs. 101.04

Euro

1

Rs. 70.86

 

INFORMATION DETAILS

 

Analysis Done by :

DIV

 

 

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.