MIRA INFORM REPORT

 

 

Report No. :

351930

Report Date :

30.11.2015

 

IDENTIFICATION DETAILS

 

Name :

FINANCIERE C 10

 

 

Registered Office :

35 Rue Des Bas Trevois, 10000 Troyes

 

 

Country :

France

 

 

Financials (as on) :

31.12.2014

 

 

Date of Incorporation :

December 1999

 

 

Com. Reg. No.:

428 747 703

 

 

Legal Form :

Simplified joint stock company

 

 

Line of Business :

Activities of holding companies

 

 

No. of Employee :

1 or 2

 

 

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)

France

A1

A1

 

Risk Category

ECGC Classification

Insignificant

 

A1

Low

 

A2

Moderate

 

B1

High

 

B2

Very High

 

C1

Restricted

 

C2

Off-credit

 

D

 


 

FRANCE - ECONOMIC OVERVIEW

 

The French economy is diversified across all sectors. The government has partially or fully privatized many large companies, including Air France, France Telecom, Renault, and Thales. However, the government maintains a strong presence in some sectors, particularly power, public transport, and defense industries. With more than 84 million foreign tourists per year, France is the most visited country in the world and maintains the third largest income in the world from tourism. France's leaders remain committed to a capitalism in which they maintain social equity by means of laws, tax policies, and social spending that mitigate economic inequality. France's real GDP increased by 0.4% in 2014. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.4% in the fourth quarter of 2014. Youth unemployment in metropolitan France decreased from a high of 25.4% in the fourth quarter of 2012 to 24.3% in the fourth quarter of 2014. Lower-than-expected growth and high spending have strained France's public finances. The budget deficit rose sharply from 3.3% of GDP in 2008 to 7.5% of GDP in 2009 before improving to 4% of GDP in 2014, while France's public debt rose from 68% of GDP to more than 95% in 2014, and may hit 100% by 2016. Elected on a conventionally leftist platform, President Francois HOLLANDE surprised and angered many supporters with a January 2014 speech announcing a sharp change in his economic policy, recasting himself as a liberalizing reformer. The government's budget for 2014 shifted the balance of fiscal consolidation from taxes to a total of $24 billion in spending cuts. In December 2014, HOLLANDE announced additional reforms, including a plan to extend commercial business hours, liberalize professional services, and sell off $6.2-12.4 billion in state owned assets. France’s tax burden remains well above the EU average and income tax cuts over the past decade are being partly reversed, particularly for higher earners. The top rate of income tax is 41%. The government is allowing a 75% payroll tax on salaries over $1.24 million to lapse.

 

Source : CIA

 

 

company name

 

FINANCIERE C 10

 

 

Enquiries Trend

 

SIRET

428 747 703 00026

Name

FINANCIERE C 10

Acronym

-

Trade name

-

Status

Economically active

Postal Address

FINANCIERE C 10
35 RUE DES BAS TREVOIS
10000 TROYES

Share Capital

3,358,800 Euros

Telephone

03 25 76 29 50

Activity (APE)

Activities of holding companies (6420Z)

RCS Registration

RCS Troyes B 428 747 703

Formation Date

12/1999

EUR VAT Number

FR35428747703

Deregistration Date

-

Last account Date

31/12/2014

Court Registry Number

20 0 0B00163

Incorporiation Date

12/1999

Registration Court

Troyes (10)

Fax

-

Nationality

France

 

 

Legal form

Simplified joint stock company

Currency

Euros

 

 

Key Financials

 

YEAR TO DATE

TURNOVER

GROSS OPERATING SURPLUS

SHAREHOLDER'S EQUITY

NET RESULT

EMPLOYEES

31/12/2014

690,117 €

0.56% Turnover

10,012,818 €

278,914 €

1 or 2 employees

31/12/2013

1,052,468 €

16.47% Turnover

9,733,924 €

256,578 €

1 or 2 employees

31/12/2012

1,225,422 €

16.37% Turnover

9,477,326 €

831,468 €

1 or 2 employees

 

 

Directors

 

Current Directors

2

 

 

Ultimate Holding Company

 

Name

Safe Number

Country

Company Number

TUBE INVESTMENTS OF INDIA LTD

-

-

Affiliation links.

 

 

Judgment and Preferential

 

Judgment

No judgement

Preferential Right

This company is not under monitoring

 

 

Establishment Details

 

Type of Establishment

Single (translated to H)

Production Role

-

APE/NAF Code

6420Z

Activity

Activities of holding companies

Formation Date

03/2000

Reason for Formation

Other

Closure Date

-

Reason for Closure

-

Reactivation Date

-

Seasonality

-

Activity Nature

-

Activity Location

Other

Trading Address

35 RUE DES BAS TREVOIS 
10000 TROYES

Department

Aube (10)

Location Surface

-

District

3

City

TROYES

Status

Economically active

Business Pages FT®

FABRICATION DE CHAINES

Region

Champagne-Ardenne

Area

99

Size of Urban Area

Urban unit with 100 000 to 199 999 inhabitants

 

 

Other Establishment(s)

 

Regionality

Legal unit with all establishments in same area

Mono-activity status

Legal unit having all establishments with the same main activity

Branches

0 branch entities in this company

 

Company Name

Company Type

APE/NAF Code

Activity

City

Post Code

FINANCIERE C 10

Head Office

6420Z

Activities of holding companies

TROYES

10000

 

 

Workforces

 

Workforce at address

1 or 2 employees

Company workforce

1 or 2 employees

 

 

Commentary

 

The comments are ordered according to the class of risk. Companies are compared with regard to other companies of the same type. Thus a positive comment for one category can be negative for another or can change depending on its value. This is a purely statistical decision.

 

The decrease in the pre-tax profit margin over the last two accounting periods is 100 %

The decrease in pre-tax profit over the last two accounting periods is 100 %

The decrease in the return on capital employed over the last two accounting periods is 100 %

The increase in the gearing percentage over the last two accounting periods is 111 %

The decrease in the equity percentage over the last two accounting periods is 44 %

The receivables value is 900,156 €

The tangible fixed assets are 0 €

The trade payables value is 674,755 €

Region code with high risk rating

The pre-tax profit is 339 €

The company is 15 years old

Industry code with low risk rating

Low risk workforce size

The stocks value is 0 €

The net turnover is 690,117 €

The net current assets are 913,056 €

The financial liabilities are 629 €

The increase in the current ratio over the last two accounting periods is 67 %

The sales to current assets ratio is 0.76

The ratio total assets to total liabilities is 7.36

 

 

Industry comparison

 

Activity (APE)

Activities of holding companies (6420Z)

 

 

Collective procedures

 

No judgment information for the company

 

 

Preferential rights details and history

 

Status of collection

This company is not under monitoring

 

 

Group Data

 

Ultimate parent company

TUBE INVESTMENTS OF INDIA LTD

Direct parent

TUBE INVESTMENTS OF INDIA LTD - 77.13 %

Group – Number of companies

5

Linkages – Number of companies

-

Number of countries

-

 

 

NAME

SIREN

PARTS

LAST ACCOUNT PUBLISHED

1

TUBE INVESTMENTS OF INDIA LTD

-

-

-

2

FINANCIERE C 10

428747703

77.13 %

31/12/2014

3

SEDIS

379720212

100 %

31/12/2014

SOC COMMERCIAL COMPOSANTS INDUSTRIELS

440134054

100 %

31/12/2014

SEDIS CO LIMITED

-

100 %

-

 

 

Linkages

 

No Linkages information available for the company.

 

 

Director(s)

 

Name

M. PATTABIRAMAN RAMACHANDRAN

Manager position

President

Date of birth

17/10/1958

Place of birth

MILATTUR(INDE)

Type

Individual

Name at birth

Name

M. BOURGEOIS JEAN HUGUES CLÉMENT ROBERT

Manager position

Managing director

Date of birth

07/06/1962

Place of birth

AVESNES-SUR-HELPE (59)

Type

Individual

Name at birth

 

 

Previous Directors

 

Manager position

Title and name

Date of Birth/Place of Birth

President

M. ARMAND ROBERT

11/06/1945 - FIRMINY (42)

Managing director

M. ROBERT JEAN-PAUL

13/11/1948 - ORIGNY-SAINTE-BENOITE (02)

President of the management board

M. ARMAND ROBERT

11/06/1945 - FIRMINY

President of the supervisory council

M. TERMIJTELEN JAN

26/09/1942 - WINDSOR ROYAUME UNI

 

 

STATUS HISTORY

 

No Status History

 

 

Recent publications in Gazettes

 

Publication date

Gazette Name

Description

08/09/2015

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

872 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2014.

02/01/2015

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

142 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : PATTABIRAMAN Ramachandran Commissaire aux comptes titulaire : DELOITTE & ASSOCIES (SA) Commissaire aux comptes suppléant : BEAS (SARL). Activité : 
Commentaires : Modification survenue sur l'administration.

02/01/2015

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

144 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : PATTABIRAMAN Ramachandran Directeur général : BOURGEOIS Jean, Hugues, Clément, Robert Commissaire aux comptes titulaire : DELOITTE & ASSOCIES (SA) Commissaire aux comptes suppléant : BEAS (SARL). Activité : 
Commentaires : Modification survenue sur l'administration.

11/12/2014

JAL

Appointment of the social representative

Est Eclair (L ) - La Lettre


Date de décision : 04/12/2014
Société faisant l'objet d'une nomination : 428747703 - FINANCIERE C 10, 35 RUE DES BAS TREVOIS, 10000 TROYES 
Nominé : Monsieur Jean-Hugues BOURGEOIS, 93400 ST OUEN
En la fonction de : Directeur général

11/12/2014

JAL

Resignation / Revocation of the social representative

Est Eclair (L ) - La Lettre


Date de décision : 04/12/2014
La société 428747703 - FINANCIERE C 10, 35 RUE DES BAS TREVOIS, 10000 TROYES 
Fait l'objet du départ de Monsieur Jean Paul ROBERT

16/07/2014

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

1374 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2013.

11/12/2013

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

132 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : PATTABIRAMAN Ramachandran Directeur général : ROBERT Jean-Paul Commissaire aux comptes titulaire : DELOITTE & ASSOCIES (SA) Commissaire aux comptes suppléant : BEAS (SARL). Activité : 
Commentaires : Modification survenue sur l'administration.

12/05/2013

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

201 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : ARMAND Robert Directeur général : ROBERT Jean-Paul Commissaire aux comptes titulaire : DELOITTE & ASSOCIES (SA) Commissaire aux comptes suppléant : BEAS (SARL). Activité : 
Commentaires : Modification survenue sur l'administration.

21/03/2013

JAL

Appointment of the social representative

Est Eclair (L ) - La Lettre


Date de décision : 05/02/2013
Société faisant l'objet d'une nomination : 428747703 - FINANCIERE C 10, 35 RUE DES BAS TREVOIS, 10000 TROYES 
Nominé : Monsieur PATTABIRAMAN RAMACHANDRAN, 600034 TAMIL NADU
En la fonction de : Président

21/03/2013

JAL

Resignation / Revocation of the social representative

Est Eclair (L ) - La Lettre


Date de décision : 05/02/2013
La société 428747703 - FINANCIERE C 10, 35 RUE DES BAS TREVOIS, 10000 TROYES 
Fait l'objet du départ de Monsieur Robert ARMAND

21/07/2012

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

726 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trévois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2011.

27/10/2011

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

123 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : ARMAND Robert Commissaire aux comptes titulaire : DELOITTE & ASSOCIES (SA) Commissaire aux comptes suppléant : BEAS (SARL). Activité : 
Commentaires : Modification survenue sur l'administration.

11/07/2011

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

1551 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trévois 10000 Troyes. Commentaires :Comptes annuels et rapports de l'exercice clos le : 31/12/2010.

09/09/2010

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

205 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trévois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

09/09/2010

Bodacc C

Comptes annuels, consolidés et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

206 - 428747703 RCS. FINANCIERE C 10Forme : Société par actions simplifiée. Adresse : 35 rue des Bas Trévois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2009.

31/03/2010

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

112 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société par actions simplifiée. Administration : Président : ARMAND Robert Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain Commissaire aux comptes titulaire : AUDITRA (SARL) Commissaire aux comptes suppléant : ZEIMETT Patrick Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration, la forme juridique.

04/02/2010

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

221 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : ARMAND Robert Membre du Directoire : ROBERT Jean-Paul Président du Conseil de Surveillance : TERMIJTELEN Jan Membre du Conseil de Surveillance : ALLEGOT Laurent Membre du Conseil de Surveillance : GRILLAERT Alain Charles Hugo Membre du Conseil de Surveillance : BANCBOSTON INVESTMENTS INC représenté par DE BACKER Bernard Vice-président et membre du conseil de surveillance : SALM Jean Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain Commissaire aux comptes titulaire : AUDITRA (SARL) Commissaire aux comptes suppléant : ZEIMETT Patrick Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration.

04/02/2010

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

240 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : ARMAND Robert Membre du Directoire : ROBERT Jean-Paul Président du Conseil de Surveillance : TERMIJTELEN Jan Membre du Conseil de Surveillance : GRILLAERT Alain Charles Hugo Membre du Conseil de Surveillance : BANCBOSTON INVESTMENTS INC représenté par DE BACKER Bernard Vice-président et membre du conseil de surveillance : SALM Jean Membre du Conseil de Surveillance : FESSART Philippe Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain Commissaire aux comptes titulaire : AUDITRA (SARL) Commissaire aux comptes suppléant : ZEIMETT Patrick Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration.

04/02/2010

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

222 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : ARMAND Robert Membre du Directoire : ROBERT Jean-Paul Président du Conseil de Surveillance : TERMIJTELEN Jan Membre du Conseil de Surveillance : GRILLAERT Alain Charles Hugo Membre du Conseil de Surveillance : BANCBOSTON INVESTMENTS INC représenté par DE BACKER Bernard Vice-président et membre du conseil de surveillance : SALM Jean Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain Commissaire aux comptes titulaire : AUDITRA (SARL) Commissaire aux comptes suppléant : ZEIMETT Patrick Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration.

09/07/2009

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

877 - 428747703 RCS. FINANCIERE C 10Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

09/07/2009

Bodacc C

Comptes consolidés et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

878 - 428747703 RCS. FINANCIERE C 10Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2008.

03/09/2008

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

92 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : ARMAND RobertMembre du Directoire : ROBERT Jean-Paul. Président du Conseil de Surveillance : TERMIJTELEN Jan. Membre du Conseil de Surveillance : ALLEGOT Laurent. Membre du Conseil de Surveillance : GRILLAERT Alain Charles Hugo. Membre du Conseil de Surveillance : BANCBOSTON INVESTMENTS INC représenté par DE BACKER Bernard. Membre du Conseil de Surveillance : SALM Jean. Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain. Co-commissaire aux comptes titulaire : BLV (SARL) représenté par FRANCOIS Thierry. Commissaire aux comptes suppléant : ZEIMETT Patrick. Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration.

03/09/2008

Bodacc B

Modification et mutation diverse

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

93 - 428 747 703 RCS Troyes. FINANCIERE C 10. Forme : Société anonyme à directoire et à conseil de surveillance. Administration : Président du Directoire : ARMAND RobertMembre du Directoire : ROBERT Jean-Paul. Président du Conseil de Surveillance : TERMIJTELEN Jan. Membre du Conseil de Surveillance : ALLEGOT Laurent. Membre du Conseil de Surveillance : GRILLAERT Alain Charles Hugo. Membre du Conseil de Surveillance : BANCBOSTON INVESTMENTS INC représenté par DE BACKER Bernard. Vice-président et membre du conseil de surveillance : SALM Jean. Commissaire aux comptes titulaire : KPMG (SACA) représenté par BADETZ Alain. Co-commissaire aux comptes titulaire : BLV (SARL) représenté par FRANCOIS Thierry. Commissaire aux comptes suppléant : ZEIMETT Patrick. Co-commissaire aux comptes suppléant : DUCHARME Emmanuel. 
Commentaires : Modification survenue sur l'administration.

29/07/2008

Bodacc C

Comptes annuels et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

1255 - 428747703 RCS. FINANCIERE C 10Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

29/07/2008

Bodacc C

Comptes consolidés et rapports

10 - AUBE

GREFFE DU TRIBUNAL DE COMMERCE DE TROYES

1256 - 428747703 RCS. FINANCIERE C 10Forme : Société anonyme à directoire et à conseil de surveillance. Adresse : 35 rue des Bas Trevois 10000 Troyes. Commentaires : Comptes annuels et rapports de l'exercice clos le : 31/12/2007.

28/12/2007

Bodacc C

Avis de dépôt des comptes

750 - 428 747 703. RCS Troyes FINANCIERE C 10. Forme: Société anonyme à directoire et à conseil de surveillance. Adresse du siège social: 35 rue des Bas Trevois 10000 Troyes. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2006.

19/12/2006

Bodacc B

Modifications et mutations diverses

0116 - RCS Troyes B 428 747 703. RC 00-B 163. FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : 35 rue des Bas-Trévois,, 10000 Commentaires : modification survenue sur l'administration. Administration : président du directoire : ARMAND (Robert) (Nom d'usage : ARMAND). Membre du directoire : ROBERT (Jean, Paul) (Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) (Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) (Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT (Laurent) (Nom d'usage : ALLEGOT) GRILLAERT (Alain, Charles, Hugo) (Nom d'usage : GRILLAERT) BANCBOSTON INVESTMENTS INC, représentée par DE BACKER (Bernard) (Nom d'usage : DE BACKER). Commissaire aux comptes titulaire : K.P.M.G., représentée par BADETZ (Alain) (Nom d'usage : BADETZ). Co-commissaire aux comptes titulaire : BLV, représentée par FRANÇOIS (Thierry) (Nom d'usage : FRANÇOIS). Commissaire aux comptes suppléant : ZEIMETT (Patrick) (Nom d'usage : ZEIMETT). Co-commissaire aux comptes suppléant : DUCHARME (Emmanuel) (Nom d'usage : DUCHARME). Date d'effet : 2 juin 2006.

05/09/2006

Bodacc C

Avis de dépôt des comptes

224 - RCS Troyes B 428 747 703. RC 00-B 163. FINANCIERE C 10. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: 35, rue des Bas Trevois,10000 Troyes. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2005.

19/08/2005

Bodacc B

Modifications et mutations diverses

230 - RCS Troyes B 428 747 703. RC 00-B 163. FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : 35 rue des Bas-Trévois,, 10000 Commentaires : modification survenue sur l'administration. Administration : président du directoire : ARMAND (Robert) (Nom d'usage : ARMAND). Membre du directoire : ROBERT (Jean, Paul) (Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) (Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) (Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT (Laurent) (Nom d'usage : ALLEGOT) BANCBOSTON INVESTMENTS INC, représentée par JAMIESON (Iain, Alexander) (Nom d'usage : JAMIESON) GRILLAERT (Alain, Charles, Hugo) (Nom d'usage : GRILLAERT). Commissaires aux comptes titulaires : BARBIER FRINAULT & AUTRES CHARON (Claude) (Nom d'usage : CHARON). Commissaires aux comptes suppléants : GALIPPE (Gilles) (Nom d'usage : GALIPPE) DUPONCHEL (Frédéric) (Nom d'usage : DUPONCHEL). Date d'effet : 24 mars 2005.

22/06/2005

Bodacc C

Avis de dépôt des comptes

539 - RCS Troyes B 428 747 703. RC 00-B 163. FINANCIERE C 10. Forme: SOCIETE ANONYME A DIRECTOIRE ET A CONSEIL DE SURVEILLANCE. Adresse du siège social: 35, rue des Bas Trevois,10000 Troyes. Comptes annuels et rapports de l'exercice clos le: 31 décembre 2004.

03/03/2004

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Adresse du siège social : 35 rue des Bas- Trévois, 10000 Troyes. Commentaires : modification survenue sur l' administration. Administration : président du directoire : ARMAND ( Robert) ( Nom d'usage : ARMAND). Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) ( Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT ( Laurent) ( Nom d'usage : ALLEGOT) BANCBOSTON INVESTMENTS INC, représentée par JAMIESON (Iain, Alexander) ( Nom d' usage : JAMIESON) GRILLAERT (Alain, Charles, Hugo) ( Nom d'usage : GRILLAERT). Commissaires aux comptes titulaires : BARBIER FRINAULT ET AUTRES CHARON (Claude) ( Nom d'usage : CHARON) . Commissaires aux comptes suppléants : GALIPPE (Gilles) ( Nom d'usage : GALIPPE) DUPONCHEL (Frédéric) ( Nom d' usage : DUPONCHEL). Date d'effet : 6 novembre 2003.

31/08/2003

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 358 800 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : modification survenue sur l'administration. Administration : président du directoire ARMAND (Robert) ( Nom d'usage : ARMAND) . Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) ( Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT ( Laurent) ( Nom d'usage : ALLEGOT) BANCBOSTON INVESTMENTS INC, représentée par JAMIESON (Iain, Alexander) ( Nom d' usage : JAMIESON) VAN LOOK (Kris) ( Nom d'usage : VAN LOOK). Commissaires aux comptes titulaires : BARBIER FRINAULT ET AUTRES CHARON (Claude) ( Nom d'usage : CHARON). Commissaires aux comptes suppléants : GALIPPE ( Gilles) ( Nom d'usage : GALIPPE) DUPONCHEL (Frédéric) ( Nom d'usage : DUPONCHEL). Date d'effet : 5 mai 2003.

15/07/2003

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 358 800 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : modification survenue sur l'administration. Administration : président du directoire ARMAND (Robert) ( Nom d'usage : ARMAND) . Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) ( Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT ( Laurent) ( Nom d'usage : ALLEGOT) BANCBOSTON INVESTMENTS INC, représentée par JAMIESON (Iain, Alexander) ( Nom d' usage : JAMIESON) VAN LOOK (Kris) ( Nom d'usage : VAN LOOK). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) ( Nom d'usage : GALIPPE). Date d'effet : 11 septembre 2002.

14/04/2002

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 358 800 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : modification survenue sur l'administration. Administration : président du directoire ARMAND (Robert) ( Nom d'usage : ARMAND) . Membre du directoire : ROBERT (Jean- Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN). Vice-président du conseil de surveillance : CORDIER (Francis) ( Nom d'usage : CORDIER). Membres du conseil de surveillance : ALLEGOT ( Laurent) ( Nom d'usage : ALLEGOT) BANCBOSTON INVESTMENTS I.N.C., représentée par MABILLE (Martin) ( Nom d'usage : MABILLE) VAN LOOK (Kris) ( Nom d'usage : VAN LOOK). Commissaire aux comptes titulaire : BARBIER FRINAULT & AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) ( Nom d'usage : GALIPPE). Date d'effet : 14 mars 2002.

05/07/2001

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 358 800 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : modification survenue sur l'administration. Administration : président du directoire ARMAND (Robert) ( Nom d'usage : ARMAND) . Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : ALLEGOT (Laurent) ( Nom d'usage : ALLEGOT). Membres du conseil de surveillance : BANCBOSTON INVESTMENTS INC, représentée par MABILLE (Martin) ( Nom d'usage : MABILLE) VAN LOOK ( Kris) ( Nom d'usage : VAN LOOK) TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN) CORDIER (Francis) ( Nom d'usage : CORDIER). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) ( Nom d' usage : GALIPPE). Date d'effet : 13 décembre 2000.

18/10/2000

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 358 800 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : modification survenue sur le capital (augmentation) et l'administration. Administration : président du directoire : ARMAND ( Robert) ( Nom d'usage : ARMAND). Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : ALLEGOT (Laurent) ( Nom d'usage : ALLEGOT). Membres du conseil de surveillance : BANCBOSTON INVESTMENTS I. N.C., représentée par MABILLE (Martin) ( Nom d'usage : MABILLE) GRILLAERT ( Alain) ( Nom d'usage : GRILLAERT) TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN) CORDIER (Francis) ( Nom d'usage : CORDIER). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) ( Nom d' usage : GALIPPE). Date d'effet : 26 juin 2000.

21/05/2000

Bodacc B

Modifications et mutations diverses

RCS Troyes B 428747703 RC 00-B 163 FINANCIERE C 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 3 553 700 euros. Adresse du siège social : 35 rue des Bas-Trévois, 10000 Troyes. Administration : président du directoire : ROBERT (Armand) ( Nom d' usage : ROBERT). Membre du directoire : ROBERT (Jean, Paul) ( Nom d'usage : ROBERT). Président du conseil de surveillance : ALLEGOT (Laurent) ( Nom d'usage : ALLEGOT). Vice-président du conseil de surveillance : FESSART ( Philippe) ( Nom d'usage : FESSART). Membres du conseil de surveillance : BANCBOSTON INVESTMENTS INC., représentée par MABILLE (Martin) ( Nom d'usage : MABILLE) GRILLAERT (Alain) ( Nom d'usage : GRILLAERT) TERMIJTELEN (Jan) ( Nom d'usage : TERMIJTELEN). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) ( Nom d'usage : GALIPPE) Etablissement principal: Activité : prise de participations dans toutes entreprises par tous moyens. Adresse : 35 rue des Bas-Trévois, 10000 Troyes. Commentaires : immatriculation d' une personne morale suite au transfert de l'activité hors ressort du greffe du tribunal de commerce de Paris. Date d'effet : 16 décembre 1999.

30/03/2000

Bodacc B

Modifications et mutations diverses

*. RCS Paris B 428 747 703 RC 99-B 19702 FINANCIERE C. 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 2 996 400 euros. Commentaires : modification survenue sur l' administration et le capital ( augmentation). Administration : modification : président du directoire : ARMAND (Robert) Nomination en qualité de membre du directoire : ROBERT (Jean, Paul). Suppression : membre du conseil de surveillance : HORPS (Michel). Nomination en qualité de membres du conseil de surveillance : BANCBOSTON INVESTMENTS I.N.C. G.I.M.V. N.V. TERMIJTELEN (Jan).

13/01/2000

Bodacc A

Création d'établissement

RCS Paris B 428747703 RC 99-B 19702 FINANCIERE C. 10. Forme : S.A. à directoire et conseil de surveillance. Capital : 250 000 F. Activité : prise de participations dans toutes entreprises par tous moyens. Adresse du siège social : 63, rue Pierre-Charron 75008 Paris. Administration : président du conseil de surveillance : ALLEGOT (Laurent). Vice- président et membre du conseil de surveillance : FESSART (Philippe) Directeur général unique : ARMAND ( Robert). Membre du conseil de surveillance : HORPS (Michel). Commissaire aux comptes titulaire : BARBIER FRINAULT ET AUTRES. Commissaire aux comptes suppléant : GALIPPE (Gilles) Cette société se constitue Date de début d'activité: 16 décembre 1999.

 

 

Company events history

 

Date

Description

17/09/2015

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

08/09/2015

Bodacc C : Deposit accounts notice

02/01/2015

Bodacc B: Various editing or changing

31/12/2014

New accounts available

16/12/2014

Appointment/resignation of company officers

16/12/2014

Amendment

11/12/2014

Legal Gazette: Resignation / Revocation of the social representative

04/12/2014

Legal Gazette: Appointment of the social representative

16/07/2014

Bodacc C : Deposit accounts notice

05/07/2014

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2013

New accounts available

11/12/2013

Bodacc B: Various editing or changing

26/11/2013

New chairman (CEO, CoB)

26/11/2013

Amendment

05/08/2013

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

01/08/2013

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

12/05/2013

Bodacc B: Various editing or changing

22/04/2013

Changes to the Board of Directors

22/04/2013

Amendment

21/03/2013

Legal Gazette: Resignation / Revocation of the social representative

05/02/2013

Legal Gazette: Appointment of the social representative

31/12/2012

New accounts available

21/07/2012

Bodacc C : Deposit accounts notice

17/07/2012

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2011

New accounts available

04/11/2011

Disengagement of the group

04/11/2011

New subsidiarie(s) detected

04/11/2011

New ultimate parent

04/11/2011

New parent detected

27/10/2011

Bodacc B: Various editing or changing

04/10/2011

Minutes of general meeting of shareholders

04/10/2011

New auditor

11/07/2011

Bodacc C : Deposit accounts notice

30/06/2011

Consideration of a balance sheet that has led to a reassessment of this company's creditworthiness

31/12/2010

New accounts available

09/09/2010

Bodacc C : Deposit accounts notice

31/03/2010

Bodacc B: Various editing or changing

02/03/2010

New subsidiarie(s) detected

02/03/2010

Audit or Management Report

02/03/2010

Updated articles of association

02/03/2010

New legal form – new category

02/03/2010

Minutes of general meeting of shareholders

12/02/2010

Update of Company Legal Form

12/02/2010

Other modification of Establishment (error correction)

04/02/2010

Bodacc B: Various editing or changing

14/01/2010

Amendment

11/01/2010

New auditor

11/01/2010

Minutes of general meeting of shareholders

11/01/2010

Amendment

31/12/2009

New accounts available

31/12/2009

New consolidated accounts available

09/07/2009

Bodacc C : Deposit accounts notice

31/12/2008

New accounts available

31/12/2008

New consolidated accounts available

03/09/2008

New Bodacc B ads detected

03/09/2008

Bodacc B: Various editing or changing

31/07/2008

Minutes of general meeting of shareholders

31/07/2008

Minutes of general meeting of shareholders

31/07/2008

Appointment/resignation of company officers

31/07/2008

Amendment

31/07/2008

Private document

29/07/2008

Bodacc C : Deposit accounts notice

31/12/2007

New consolidated accounts available

31/12/2007

New accounts available

31/12/2006

New accounts available

24/11/2006

Minutes of general meeting of shareholders

24/11/2006

Appointment/resignation of company officers

24/11/2006

New auditor

24/11/2006

New auditor

24/11/2006

Private document

24/11/2006

Minutes of general meeting of shareholders

31/12/2005

New accounts available

24/06/2005

Private document

24/06/2005

Minutes of general meeting of shareholders

24/06/2005

Amendment

31/12/2004

New accounts available

30/01/2004

Amendment

30/01/2004

Appointment/resignation of company officers

30/01/2004

Private document

30/01/2004

Minutes of general meeting of shareholders

31/12/2003

New accounts available

25/07/2003

New auditor

25/07/2003

Minutes of general meeting of shareholders

25/07/2003

Appointment/resignation of company officers

25/07/2003

Private document

02/06/2003

Amendment

02/06/2003

Private document

02/06/2003

Minutes of general meeting of shareholders

20/03/2002

Minutes of general meeting of shareholders

20/03/2002

Appointment/resignation of company officers

20/03/2002

Amendment

20/03/2002

Private document

22/05/2001

Amendment

22/05/2001

Appointment/resignation of company officers

22/05/2001

Private document

22/05/2001

Minutes of general meeting of shareholders

14/09/2000

Appointment/resignation of company officers

14/09/2000

Capital increase

14/09/2000

Updated articles of association

14/09/2000

Declaration of conformity

14/09/2000

Merger

14/09/2000

Private document

14/09/2000

Amendment

14/09/2000

Minutes of general meeting of shareholders

16/05/2000

Amendment

12/05/2000

Appointment/resignation of company officers

12/05/2000

Application and court order

21/04/2000

Appointment/resignation of company officers

21/04/2000

Capital increase

21/04/2000

Private document

21/04/2000

Registered office transferred inside jurisdiction of the Commercial Court

21/04/2000

Registration after transfer

21/04/2000

Updated articles of association

21/04/2000

Minutes of general meeting of shareholders

22/03/2000

Audit or Management Report

22/03/2000

Private document

14/03/2000

New chairman (CEO, CoB)

14/03/2000

Minutes of general meeting of shareholders

14/03/2000

Conversion of equity to euro

14/03/2000

Capital increase

14/03/2000

Appointment/resignation of company officers

14/03/2000

Private document

14/03/2000

Updated articles of association

14/03/2000

Fund deposit certificate

25/02/2000

Appointment/resignation of company officers

25/02/2000

Application and court order

24/12/1999

Appointment/resignation of company officers

24/12/1999

Articles of association

24/12/1999

Private document

24/12/1999

Fund deposit certificate

24/12/1999

Minutes of general meeting of shareholders

24/12/1999

Company formation

 

 

Synthesized Accounts

 

Annual Accounts

 

31/12/2014

31/12/2013

31/12/2012

Account period (month)

12

12

12

Account Type

Normal

Normal

Normal

Date of capture

14/09/2015

04/07/2014

31/07/2013

Activity Code

6420Z

6420Z

6420Z

Employees

0

0

0

 

Active account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Capital not called

0

0%

0

0%

0

0

0%

Total fixed assets

10,673,701

0%

10,673,701

0.0 %

10,671,701

561,687

1800.3 %

 Intangible assets

0

0%

0

0%

0

0

0%

 Tangible assets

0

0%

0

0%

0

0

0%

 Financial assets

10,673,701

0%

10,673,701

0.0 %

10,671,701

493,129

2064.5 %

Net current assets

913,056

82.5 %

500,382

-45.3 %

915,181

139,551

554.3 %

 Stocks

0

0%

0

0%

0

0

0%

 Advanced payments

0

0%

0

0%

0

0

0%

 Receivables

900,156

82.3 %

493,810

-43.9 %

880,867

56,424

1495.4 %

 Securities and cash

12,900

96.3 %

6,572

-80.8 %

34,314

17,051

-24.3 %

 Prepaid expenses

-

-

-

-

-

0

-

Accounts of regularization

0

0%

0

0%

0

0

0%

Total Assets

11,586,757

3.7 %

11,174,083

-3.6 %

11,586,880

856,625

1252.6 %

 

Passive Account

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Shareholders' equity

10,012,818

2.9 %

9,733,924

2.7 %

9,477,326

452,622

2112.2 %

Share capital

3,358,800

0%

3,358,800

0%

3,358,800

115,350

2811.8 %

Other capital resources

0

0%

0

0%

0

0

0%

Risk Provisions

0

0%

0

0%

16,000

0

0%

Liabilities

1,573,939

9.3 %

1,440,160

-31.3 %

2,095,556

225,518

597.9 %

 Financial liabilities

629

116.9 %

290

21.3 %

239

117,337

-99.5 %

 Advanced payments received

0

0%

657,666

0%

0

0

0%

 Trade account payables

674,755

1659.0 %

38,360

-94.4 %

679,614

3,486

19256.1 %

 Tax and social liabilities

495,846

0%

0

0%

120,654

8,126

6002.0 %

 Other debts and fixed assets liabilities

402,709

-45.9 %

743,844

-42.6 %

1,295,049

88

460138.9 %

Account regularization

0

0%

0

0%

0

0

0%

Total liabilities

11,586,757

3.7 %

11,174,083

-3.6 %

11,588,882

856,625

1252.6 %

 

Results

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sales of Goods

690,118

-35.4 %

1,068,468

-14.3 %

1,247,425

35,850

1825.0 %

Net turnover

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

27,879

2375.4 %

 of which net export turnover

27,336

-39.6 %

45,237

6.0 %

42,686

0

0%

Operating charges

686,282

-21.9 %

879,076

-14.2 %

1,024,873

50,085

1270.2 %

Operating profit/loss

3,836

-98.0 %

189,392

-14.9 %

222,552

-2,154

278.1 %

Financial income

0

0%

147

-100.0 %

686,468

24,352

0%

Financial charges

4,682

64.2 %

2,852

-71.5 %

9,993

3,611

29.7 %

Financial profit/loss

-4,682

-73.1 %

-2,705

-100.4 %

676,475

9,433

-149.6 %

Pretax net operating income

-847

-100.5 %

186,687

-79.2 %

899,027

21,346

-104.0 %

Extraordinary income

1,186

0%

0

0%

755

0

0%

Extraordinary charges

0

0%

0

0%

0

0

0%

Extraordinary profit/loss

1,186

0%

0

0%

755

0

0%

Net result

278,914

8.7 %

256,578

-69.1 %

831,468

20,836

1238.6 %

 

 

Accounts – Active

 

Normal Account

 

31/12/2014

31/12/2013

31/12/2012

Months

12

12

12

 

Grand Total - Active Accounts (I to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to VI)

Net

11,586,757

3.7 %

11,174,083

-3.6 %

11,586,880

Gross

CO

11,586,757

3.7 %

11,174,083

-3.6 %

11,586,881

Amortisation

1A

0

0%

0

0%

1

 

Non declared distributed capital (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Non declared distributed capital (I)

AA3

0

0%

0

0%

0

Gross

AA

0

0%

0

0%

0

 

Active fixed asset (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Active fixed asset (II)

Net

10,673,701

0%

10,673,701

0.0 %

10,671,701

Gross

BJ

10,673,701

0%

10,673,701

0.0 %

10,671,701

Amortisation

BK

0

0%

0

0%

0

 

Intangible fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

0

0%

0

0%

0

Gross

AF

0

0%

0

0%

0

Amortisation

AG

0

0%

0

0%

0

Goodwill

Net

0

0%

0

0%

0

Gross

AH

0

0%

0

0%

0

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

0

0%

0

0%

0

Gross

AJ

0

0%

0

0%

0

Amortisation

AK

0

0%

0

0%

0

Pre-payments and downpayments

Net

0

0%

0

0%

0

Gross

AL

0

0%

0

0%

0

Amortisation

AM

0

0%

0

0%

0

Sub Total Intangible asset

Net

0

0%

0

0%

0

 

Tangilble fixed assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Lands

Net

0

0%

0

0%

0

Gross

AN

0

0%

0

0%

0

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

0

0%

0

0%

0

Gross

AP

0

0%

0

0%

0

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

0

0%

0

0%

0

Gross

AR

0

0%

0

0%

0

Amortisation

AS

0

0%

0

0%

0

Other tangible fixed assets

Net

0

0%

0

0%

0

Gross

AT

0

0%

0

0%

0

Amortisation

AU

0

0%

0

0%

0

Fixed assets in construction

Net

0

0%

0

0%

0

Gross

AV

0

0%

0

0%

0

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

0

0%

0

0%

0

 

Financial assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

10,673,701

0%

10,673,701

0.0 %

10,671,701

Gross

CU

10,673,701

0%

10,673,701

0.0 %

10,671,701

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

0

0%

0

0%

0

Gross

BF

0

0%

0

0%

0

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

0

0%

0

0%

0

Gross

BH

0

0%

0

0%

0

Amortisation

BI

0

0%

0

0%

0

Sub Total Financial assets

Net

10,673,701

0%

10,673,701

0.0 %

10,671,701

 

Current Assets (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Current Assets

Net

913,056

82.5 %

500,382

-45.3 %

915,181

Gross

CJ

913,056

82.5 %

500,382

-45.3 %

915,181

Amortisation

CK

0

0%

0

0%

0

 

Stocks

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Raw materials

Net

0

0%

0

0%

0

Gross

BL

0

0%

0

0%

0

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

0

0%

0

0%

0

Gross

BN

0

0%

0

0%

0

Amortisation

BO

0

0%

0

0%

0

Work in progress (services)

Net

0

0%

0

0%

0

Gross

BP

0

0%

0

0%

0

Amortisation

BQ

0

0%

0

0%

0

Semi-finished and finished products

Net

0

0%

0

0%

0

Gross

BR

0

0%

0

0%

0

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

0

0%

0

0%

0

Gross

BT

0

0%

0

0%

0

Amortisation

BU

0

0%

0

0%

0

Sub Total Stocks

Net

0

0%

0

0%

0

 

Advance payments to suppliers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Advance payments to suppliers

Net

0

0%

0

0%

0

Gross

BV

0

0%

0

0%

0

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Trade accounts receivable

Net

30,225

-34.3 %

45,976

7.7 %

42,686

Gross

BX

30,225

-34.3 %

45,976

7.7 %

42,686

Amortisation

BY

0

0%

0

0%

0

Other debtors

Net

869,068

94.1 %

447,834

-46.6 %

838,181

Gross

BZ

869,068

94.1 %

447,834

-46.6 %

838,181

Amortisation

CA

0

0%

0

0%

0

Capital subscribed and called up

Net

0

0%

0

0%

0

Gross

CB

0

0%

0

0%

0

Amortisation

CC

0

0%

0

0%

0

Sub Total debtors

Net

899,293

82.1 %

493,810

-43.9 %

880,867

 

Divers

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

12,900

96.3 %

6,572

-80.8 %

34,314

Gross

CF

12,900

96.3 %

6,572

-80.8 %

34,314

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

12,900

96.3 %

6,572

-80.8 %

34,314

 

Prepaid expenses

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid expenses

Net

863

0%

0

0%

0

Gross

CH

863

0%

0

0%

0

Amortisation

CI

0

0%

0

0%

0

 

Equalization accounts (IV to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Expenses of loan issue to be spread

CW3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

Gross

0

0%

0

0%

0

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Grand Total (I to V)

EE

11,586,757

3.7 %

11,174,083

-3.6 %

11,588,882

 

Shareholder Equity (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total shareholders' equity (Total I)

DL

10,012,818

2.9 %

9,733,924

2.7 %

9,477,326

Equity and shareholders' equity

DA

3,358,800

0%

3,358,800

0%

3,358,800

Issue and merger premiums

DB

98

0%

98

0%

98

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

335,880

0%

335,880

0%

335,880

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

612

0%

612

0%

612

Of which special reserve of provisions for current fluctuation

B1

0

0%

0

0%

0

Other reserves

DG

4,950,467

0.0 %

4,950,487

0.0 %

4,950,467

Of which reserve for buying originals works from alive artists

EJ

0

0%

0

0%

0

Profits or losses brought forward

DH

1,088,047

30.9 %

831,469

0%

0

Profit or loss for the period

DI

278,914

8.7 %

256,578

-69.1 %

831,469

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

Other capital resources (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

 

Provisions for risks and charges (III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total provisions for risks and charges (Total III)

DR

0

0%

0

0%

16,000

Risk provisions

DP

0

0%

0

0%

16,000

Reserves for charges

DQ

0

0%

0

0%

0

 

Liabilities (IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Liabilities (Total IV)

EC

1,573,939

9.3 %

1,440,160

-31.3 %

2,095,556

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

629

116.9 %

290

21.3 %

239

Sundry loans and financial liabilities

DV

0

0%

0

0%

0

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

0

0%

657,666

0%

0

Trade accounts payables

DX

674,755

1659.0 %

38,360

-94.4 %

679,614

Tax and social security liabilities

DY

495,846

0%

0

0%

120,654

Fixed asset liabilities

DZ

0

0%

743,844

0%

0

Other debts

EA

402,709

0%

0

0%

1,295,049

 

Translation loss (V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Translation loss (Total V)

ED

0

0%

0

0%

0

 

Equalization accounts

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Deferred income

EB

0

0%

0

0%

0

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

1,573,939

9.3 %

1,440,160

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1 - Operating result (I-II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating result (Total I-II)

GG

3,836

-98.0 %

189,392

-14.9 %

222,552

 

2 - Financial result (V-VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Financial result (Total V-VI)

GV

-4,682

-73.1 %

-2,705

-100.4 %

676,475

 

3 - Pre-tax net operating income result (I to VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Pre-tax net operating income (Total I-II+II-IV+V-VI)

GW

-847

-100.5 %

186,687

-79.2 %

899,027

 

4 - Extraordinary result (VII-VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Extraordinary result (Total VII-VIII)

HI

1,186

0%

0

0%

755

 

Profit or loss

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Profit or loss

HN

278,914

8.7 %

256,578

-69.1 %

831,468

 

Total Income (I+III+V+VII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Income (Total I+III+V+VII)

HL

691,303

-35.3 %

1,068,615

-44.8 %

1,934,648

 

Total Charges (Total II+IV+VI+VIII+IX+X)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total Charges (Total II+IV+VI+VIII+IX+X)

HM

412,389

-49.2 %

812,037

-26.4 %

1,103,179

 

Operating income (I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating income (Total I)

FR

690,118

-35.4 %

1,068,468

-14.3 %

1,247,425

 

Operating income (details)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Sale of goods for resale

FC

0

0%

0

0%

0

France

FA

0

0%

0

0%

0

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

0

0%

0

0%

0

France

FD

0

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

France

FG

662,781

-34.2 %

1,007,231

-14.8 %

1,182,736

Export

FH

27,336

-39.6 %

45,237

6.0 %

42,686

Net turnover

FL

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

France

FJ

662,781

-34.2 %

1,007,231

-14.8 %

1,182,736

Export

FK

27,336

-39.6 %

45,237

6.0 %

42,686

Stocked production

FM

0

0%

0

0%

0

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

0

0%

0

0%

0

Release of reserves and provisions

FP

0

0%

16,000

-27.3 %

22,000

Other income

FQ

1

0%

0

0%

3

 

Operating charges (II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total operating charges (Total II)

GF

686,282

-21.9 %

879,076

-14.2 %

1,024,873

 

Exploitation charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Purchase of goods for resale

FS

0

0%

0

0%

0

Change in stocks of goods for resale

FT

0

0%

0

0%

0

Purchase of raw materials

FU

0

0%

0

0%

0

Change in stocks of raw materials

FV

0

0%

0

0%

0

Other external purchases and charges

FW

685,027

3.1 %

664,260

-5.4 %

702,359

Tax, duty and similar payments

FX

1,252

-87.5 %

10,037

-55.7 %

22,680

Payroll

FY

0

0%

165,877

-24.4 %

219,289

Social security costs

FZ

0

0%

38,901

-51.7 %

80,544

 

Depreciation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Depreciation of fixed assets

GA

0

0%

0

0%

0

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

0

0%

0

0%

0

Provisions for risks and charges

GD

0

0%

0

0%

0

 

Other charges

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Other charges

GE

3

200.0 %

1

0%

1

 

Operating charges (III-IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Share of joint-venture transferred to other partner(s) (Total III)

GH

0

0%

0

0%

0

Share of joint venture transferred from other partner(s) (Total IV)

GI

0

0%

0

0%

0

 

Financial income (V)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial income (Total V)

GP

0

0%

147

-100.0 %

686,468

Share financial income

GJ

0

0%

0

0%

686,380

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

0

0%

147

67.0 %

88

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

0

0%

0

0%

0

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

Financial charge (VI)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total financial charge (Total VI)

GU

4,682

64.2 %

2,852

-71.5 %

9,993

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

4,682

135.9 %

1,985

-80.1 %

9,993

Exchange losses

GS

0

0%

867

0%

0

Net loss from disposal of investment securities

GT

0

0%

0

0%

0

 

Extraordinary income (VII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary income (Total VII)

HD

1,186

0%

0

0%

755

Extraordinary operating income

HA

1,186

0%

0

0%

755

Extraordinary income from capital transactions

HB

0

0%

0

0%

0

Released provisions and transferred charges

HC

0

0%

0

0%

0

 

Extraordinary charges (VIII)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total extraordinary charges (Total VIII)

HH

0

0%

0

0%

0

Extraordinary operating charges

HE

0

0%

0

0%

0

Extraordinary charges from capital transactions

HF

0

0%

0

0%

0

Extraordinary reserves and provisions

HG

0

0%

0

0%

0

 

Employee profit sharing (IX)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

68,313

 

Tax on profits (X)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Tax on profits (Total X)

HK

-278,575

-298.6 %

-69,891

0%

0

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

Of which transferred charges

A1

0

0%

0

0%

0

Of which trader's own contributions

A2

0

0%

0

0%

0

Of which royalties on licences and patents (income)

A3

0

0%

0

0%

0

Of which royalties on licences and patents (charges)

A4

0

0%

0

0%

0

 

 

Other incomes tax return forms

 

Fixed Assets

 

Grand Total Fixed Assets (I to IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

OG

0

0%

0

0%

0

Increasess due to revaluation

OH

0

0%

0

0%

0

Decreasess, acquisitions, creations, contributions

OJ

0

0%

0

0%

0

Decreasess by budget item transfer

OK1

0

0%

0

0%

0

Decreasess by transfers

OK2

0

0%

0

0%

0

Gross value at the end of period

OL

0

0%

0

0%

0

 

Research and development Charge (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

CZ

0

0%

0

0%

0

Increasess due to revaluation

KB

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KC

0

0%

0

0%

0

Decreasess by budget item transfer

CO1

0

0%

0

0%

0

Decreasess by transfers

CO2

0

0%

0

0%

0

Gross value at the end of period

DO

0

0%

0

0%

0

 

Other budget item from Intangible fixed assets (Total II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

KD

0

0%

0

0%

0

Increasess due to revaluation

KE

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

KF

0

0%

0

0%

0

Decreasess by budget item transfer

LV1

0

0%

0

0%

0

Decreasess by transfers

LV2

0

0%

0

0%

0

Gross value at the end of period

LW

0

0%

0

0%

0

 

Tangible fixed assets (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LN

0

0%

0

0%

0

Increasess due to revaluation

LO

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LP

0

0%

0

0%

0

Decreasess by budget item transfer

NG1

0

0%

0

0%

0

Decreasess by transfers

NG2

0

0%

0

0%

0

Gross value at the end of period

NH

0

0%

0

0%

0

 

Financial assets (Total IV)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

LQ

0

0%

0

0%

0

Increasess due to revaluation

LR

0

0%

0

0%

0

Increasess, acquisitions, creations, contributions

LS

0

0%

0

0%

0

Decreasess by budget item transfer

NJ1

0

0%

0

0%

0

Decreasess by transfers

NJ2

0

0%

0

0%

0

Gross value at the end of period

NK

0

0%

0

0%

0

 

 

Reserve for depreciation

 

Situation and movement of reserve for depreciation - Grand total (I-II-III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

ON

0

0%

0

0%

0

Increases

OP

0

0%

0

0%

0

Decreasess

OQ

0

0%

0

0%

0

Reserve for depreciation value at the end of period

OR

0

0%

0

0%

0

 

Research and development charge (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

CY

0

0%

0

0%

0

Increases

PB

0

0%

0

0%

0

Decreasess

PC

0

0%

0

0%

0

Decreasess by budget item transfer

PD

0

0%

0

0%

0

 

Other intangible assets (Total II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

PE

0

0%

0

0%

0

Increases

PF

0

0%

0

0%

0

Decreasess

PG

0

0%

0

0%

0

Decreasess by budget item transfer

PH

0

0%

0

0%

0

 

Total fixed assets amotisation (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Reserve for depreciation value at begin of period

QU

0

0%

0

0%

0

Increases

QV

0

0%

0

0%

0

Decreases

QW

0

0%

0

0%

0

Decreasess by budget item transfer

QX

0

0%

0

0%

0

 

 

Movements during period affecting charge allocated over several period

 

Deferred charges and debt issuance costs

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value at begin of period

Z91

0

0%

0

0%

0

Increases

Z92

0

0%

0

0%

0

Depreciation of fixed assets during period

Z9

0

0%

0

0%

0

Decreasess by budget item transfer

B1

0

0%

0

0%

0

 

Premium refund of obligations

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Net value at begin of period

SP1

0

0%

0

0%

0

Increases

SP2

0

0%

0

0%

0

Depreciation of fixed assets during period

SP

0

0%

0

0%

0

Net value at the end of period

SR

0

0%

0

0%

0

 

 

Provisions included in balance sheet

 

Grand Total (I-II-III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

7C

0

0%

16,000

0%

0

Increases

UB

0

0%

0

0%

0

Decreases

UC

0

0%

16,000

0%

0

Value at the end of period

UD

0

0%

0

0%

0

 

Includes Total allocations

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UE

0

0%

0

0%

0

Financial

UG

0

0%

0

0%

0

Exceptional

UJ

0

0%

0

0%

0

 

Includes Total Withdrawal

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Operating

UF

0

0%

0

0%

0

Financial

UH

0

0%

0

0%

0

Exceptional

UK

0

0%

0

0%

0

 

Total regulated provisions (Total I)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

3Z

0

0%

0

0%

0

Increases

TS

0

0%

0

0%

0

Decreases

TT

0

0%

0

0%

0

Value at the end of period

TU

0

0%

0

0%

0

 

Total risk and charge provisions (Total II)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

5Z

0

0%

16,000

0%

0

Increases

TV

0

0%

0

0%

0

Decreases

TW

0

0%

16,000

0%

0

Value at the end of period

TX

0

0%

0

0%

0

 

Total Provision for depreciation (Total III)

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Value at begining of period

7B

0

0%

0

0%

0

Increases

TY

0

0%

0

0%

0

Decreases

TZ

0

0%

0

0%

0

Value at the end of period

UA

0

0%

0

0%

0

 

 

State deadlines claims and debts at the end of period

 

State claims

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Gross value

VT

0

0%

16,000

0%

0

1 year at most

VU

0

0%

16,000

0%

0

More than one year

VV

0

0%

0

0%

0

 

State of loans

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Claims related to holdings (gross)

UL

0

0%

0

0%

0

Claims related to shareholdings (1 year at most)

UM

0

0%

0

0%

0

Loans (gross)

UP

0

0%

0

0%

0

Loans (1 year at most)

UR

0

0%

0

0%

0

Other financial assets (gross)

UT

0

0%

0

0%

0

Other financial assets (1 year at most)

UV

0

0%

0

0%

0

 

Receivables statement of assets

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Customers doubtful or disputed

VA

0

0%

0

0%

0

Other claims customer

UX

0

0%

0

0%

0

Receivables represent Loaned Securities

UU

0

0%

0

0%

0

Provision for depreciation previously established

UQ

0

0%

0

0%

0

Personnel and associated accounts

UY

0

0%

0

0%

0

Social Security and other social organizations

UZ

0

0%

0

0%

0

Income taxes

VM

0

0%

0

0%

0

Value added tax

VB

0

0%

0

0%

0

Other taxes and payments assimilated

VN

0

0%

0

0%

0

State and other public - Miscellaneous

VP

0

0%

0

0%

0

Group and Associates

VC

0

0%

0

0%

0

Accounts receivable (including claims relating to the operation of pension titles)

VR

0

0%

0

0%

0

 

Prepaid

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Prepaid

VS

0

0%

16,000

0%

0

 

State Debt

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Total debt (gross)

VY

0

0%

0

0%

0

1 year at most

VZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VZ3

0

0%

0

0%

0

More than 5 years

VZ4

0

0%

0

0%

0

 

Details

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Convertible bonds (gross)

7Y1

0

0%

0

0%

0

1 year at most

7Y2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Y3

0

0%

0

0%

0

Other bonds (gross)

7Z1

0

0%

0

0%

0

1 year at most

7Z2

0

0%

0

0%

0

More than 1 year and 5 years at most

7Z3

0

0%

0

0%

0

Borrowing & debts to 1 year maximum at the origin (gross)

VG1

0

0%

0

0%

0

1 year at most

VG2

0

0%

0

0%

0

More than 1 year and 5 years at most

VG3

0

0%

0

0%

0

Borrowing & debts to more than 1 year at the origin (gross)

VH1

0

0%

0

0%

0

1 year at most

VH2

0

0%

0

0%

0

More than 1 year and 5 years at most

VH3

0

0%

0

0%

0

Loans and various financial liabilities (gross)

8A1

0

0%

0

0%

0

1 year at most

8A2

0

0%

0

0%

0

More than 1 year and 5 years at most

8A3

0

0%

0

0%

0

Suppliers and associated accounts (gross)

8B1

0

0%

0

0%

0

1 year at most

8B2

0

0%

0

0%

0

More than 1 year and 5 years at most

8B3

0

0%

0

0%

0

Personnel and associated accounts (gross)

8C1

0

0%

0

0%

0

1 year at most

8C2

0

0%

0

0%

0

More than 1 year and 5 years at most

8C3

0

0%

0

0%

0

Social Security and other social organizations (gross)

8D1

0

0%

0

0%

0

1 year at most

8D2

0

0%

0

0%

0

More than 1 year and 5 years at most

8D3

0

0%

0

0%

0

Taxes on profits (gross)

8E1

0

0%

0

0%

0

1 year at most

8E2

0

0%

0

0%

0

More than 1 year and 5 years at most

8E3

0

0%

0

0%

0

VAT (Gross)

VW1

0

0%

0

0%

0

1 year at most

VW2

0

0%

0

0%

0

More than 1 year and 5 years at most

VW3

0

0%

0

0%

0

Backed Obligations (gross)

VX1

0

0%

0

0%

0

1 year at most

VX2

0

0%

0

0%

0

More than 1 year and 5 years at most

VX3

0

0%

0

0%

0

Other taxes and assimilated (gross)

VQ1

0

0%

0

0%

0

1 year at most

VQ2

0

0%

0

0%

0

More than 1 year and 5 years at most

VQ3

0

0%

0

0%

0

Assets and liabilities associated accounts (gross)

8J1

0

0%

0

0%

0

1 year at most

8J2

0

0%

0

0%

0

More than 1 year and 5 years at most

8J3

0

0%

0

0%

0

More than 5 years

8J4

0

0%

0

0%

0

Groups and associates (gross)

VI1

0

0%

0

0%

0

1 year at most

VI2

0

0%

0

0%

0

More than 1 year and 5 years at most

VI3

0

0%

0

0%

0

More than 5 years

V14

0

0%

0

0%

0

Other liabilities (gross)

8K1

0

0%

0

0%

0

1 year at most

8K2

0

0%

0

0%

0

More than 1 year and 5 years at most

8K3

0

0%

0

0%

0

Debt representative of borrowed securities (gross)

SZ1

0

0%

0

0%

0

1 year at most

SZ2

0

0%

0

0%

0

More than 1 year and 5 years at most

SZ3

0

0%

0

0%

0

Products in advance (gross)

8L1

0

0%

0

0%

0

1 year at most

8L2

0

0%

0

0%

0

More than 1 year and 5 years at most

8L3

0

0%

0

0%

0

 

References

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Loans made during the period

VJ

0

0%

0

0%

0

Debt repaid during the period

VK

0

0%

0

0%

0

 

 

Table allocation results and other information

 

Dividends distributed

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Dividends

ZE

0

0%

0

0%

0

 

Commitments

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Commitments leasing furniture

YQ

0

0%

0

0%

0

Commitments Real Estate Leasing

YR

0

0%

0

0%

0

Effects brought to the discount and unmatured

YS

0

0%

0

0%

0

 

Other charges Externes

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Subcontracting

YT

0

0%

0

0%

0

Rentals, rental charges and condominiums

XQ

0

0%

0

0%

0

Staff outside the company

YU

0

0%

0

0%

0

Remuneration intermediaries and fees (excluding fees)

SS

0

0%

0

0%

0

Fees, commissions and brokerage

YV

0

0%

0

0%

0

Other accounts

ST

0

0%

0

0%

0

Total Other purchases and external

ZJ

0

0%

0

0%

0

 

Taxes and Fees

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Business tax

YW

0

0%

0

0%

0

Other taxes and payments assimilated

9Z

0

0%

0

0%

0

Total taxes and fees

YX

0

0%

0

0%

0

 

VAT

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Amount VAT collected

YY

0

0%

0

0%

0

Total VAT on goods and services

YZ

0

0%

0

0%

0

 

Average number of employees

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Average number of employees

YP

0

0%

0

0%

0

 

Groups and Shareholders

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

Groups and Shareholders

ZR

0

-

-

-

-

 

 

Ratios

 

Structure and Liquidity

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Fixed Asset Financing

0.94

3.3 %

0.91

2.2 %

0.89

1.09

-13.8 %

Global Debt

821 days

66.5 %

493 days

-20.0 %

616 days

680 days

20.7 %

Working Capital Fund overall net

-344 days

-7.2 %

-321 days

7.2 %

-346 days

243 days

-241.6 %

Financial independence

1,591,862.96 %

-52.6 %

3,356,525.52 %

-15.4 %

3,965,408.37 %

206.10 %

772274.1 %

Solvability

86.42 %

-0.8 %

87.11 %

6.5 %

81.78 %

64.15 %

34.7 %

Capacity debt futures

-

-

-

-

-

1,334.65 %

-

Coverage of current assets by net working capital overall

-72.38 %

61.4 %

-187.75 %

-45.8 %

-128.73 %

61.48 %

-217.7 %

General Liquidity

-

-

-

-

-

0.42

-

Restricted Liquidity

-

-

-

-

-

0.95

-

 

Management or rotation

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Need background in operating working capital

-352 days

-8.6 %

-324 days

9.2 %

-357 days

63 days

-658.7 %

Treasury

7 days

250.0 %

2 days

-80.0 %

10 days

41 days

-82.9 %

Inventory turnover of goods

-

-

-

-

-

0 days

-

Average length of credit granted to customers

16 days

0%

16 days

23.1 %

13 days

50 days

-68.0 %

Average length of credit obtained suppliers

355 days

1590.5 %

21 days

-94.0 %

348 days

111 days

219.8 %

Inventory turnover of raw materials in industrial enterprises

-

-

-

-

-

0 days

-

Inventory turnover of intermediate and finished products in the industrial enterprise

-

-

-

-

-

401 days

-

Rotation tangible assets

-

-

-

-

-

509.52 %

-

 

Profitability of the business

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Margin trading

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Profitability of the business

0.56 %

-96.6 %

16.47 %

0.6 %

16.37 %

5.32 %

-89.5 %

Net profit

40.42 %

65.8 %

24.38 %

-64.1 %

67.85 %

21.04 %

92.1 %

Growth rate of turnover (excluding VAT)

-34.43 %

-144.0 %

-14.11 %

-250.3 %

9.39 %

0.00 %

0%

Rates integration

0.74 %

-98.0 %

36.89 %

-13.6 %

42.68 %

78.08 %

-99.1 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

0.00 %

0%

Work Factor

0.00 %

0%

52.75 %

-8.0 %

57.32 %

0.00 %

0%

Weight interests

0.68 %

151.9 %

0.27 %

-67.1 %

0.82 %

3.35 %

-79.7 %

 

Return on capital

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Cash flow from the overall profitability

40.42 %

65.8 %

24.38 %

-64.1 %

67.85 %

26.67 %

51.6 %

Rates of economic profitability

0.00 %

0%

2.00 %

0%

2.00 %

0.00 %

0%

Financial profitability

10,012,818.00 %

2.9 %

9,733,924.00 %

2.7 %

9,477,326.00 %

345,140.50 %

2801.1 %

Return on investment

2.83 %

6.0 %

2.67 %

-69.9 %

8.88 %

5.24 %

-46.0 %

 

Management intermediate balances

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Turnover

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

27,879

2375.4 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sales of goods

0

0%

0

0%

0

-

- Purchase of goods

0

0%

0

0%

0

-

+/- Stock of goods variation

0

0%

0

0%

0

-

Trading margin

0 €

0%

0 €

0%

0 €

0 €

0%

0.00 % CA

0%

0.00 % CA

0%

0.00 % CA

0.00 % CA

0%

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Sale of goods produced

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

-

+/- Stocked production

0

0%

0

0%

0

-

+ Self-constructed assets

0

0%

0

0%

0

-

Period production

690,117 €

-34.4 %

1,052,468 €

-14.1 %

1,225,422 €

24,000 €

2775.5 %

100.00 % CA

0%

100.00 % CA

0%

100.00 % CA

100.00 % CA

0%

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Trading margin

0

0%

0

0%

0

0

0%

+ Period Production

690,117

-34.4 %

1,052,468

-14.1 %

1,225,422

24,000

2775.5 %

- Purchase of raw materials

0

0%

0

0%

0

-

+/- Change in stocks of raw materiels

0

0%

0

0%

0

-

- Other external purchases and charges

685,027

3.1 %

664,260

-5.4 %

702,359

-

Added value

5,090 €

-98.7 %

388,208 €

-25.8 %

523,063 €

4,177 €

21.9 %

0.74 % CA

-98.0 %

36.89 % CA

-13.6 %

42.68 % CA

78.08 % CA

-99.1 %

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Added value

5,090 €

-98.7 %

388,208 €

-25.8 %

523,063 €

4,177 €

21.9 %

+ Operating grants

0

0%

0

0%

0

-

- Tax, duty and similar payments

1,252

-87.5 %

10,037

-55.7 %

22,680

-

- Personal charges

0

0%

204,778

-31.7 %

299,833

-

Gross operating surplus

3,838 €

-97.8 %

173,393 €

-13.5 %

200,550 €

-2,144 €

279.0 %

0.56 % CA

-96.6 %

16.47 % CA

0.6 %

16.37 % CA

5.32 % CA

-89.5 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Gross operating surplus

3,838 €

-97.8 %

173,393 €

-13.5 %

200,550 €

-2,144 €

279.0 %

+ Release of reserves and provisions

0

0%

16,000

-27.3 %

22,000

-

+ Other operating income

1

0%

0

0%

3

-

- Depreciation/ Amortisation

0

0%

0

0%

0

-

- Other charges

3

200.0 %

1

0%

1

-

Operating result

3,836 €

-98.0 %

189,392 €

-14.9 %

222,552 €

-2,156 €

277.9 %

0.56 % CA

-96.9 %

18.00 % CA

-0.9 %

18.16 % CA

4.55 % CA

-87.7 %

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Operating result

3,836 €

-98.0 %

189,392 €

-14.9 %

222,552 €

-2,156 €

277.9 %

+/- Result of joint-venture transferred from/to other partners

0

0%

0

0%

0

-

+ Financial income

0

0%

147

-100.0 %

686,468

-

- Financial charges

4,682

64.2 %

2,852

-71.5 %

9,993

-

Pre-tax result

-846 €

-100.5 %

186,687 €

-79.2 %

899,027 €

21,346 €

-104.0 %

-0.12 % CA

-100.7 %

17.74 % CA

-75.8 %

73.36 % CA

22.46 % CA

-100.5 %

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Extraordinary income

1,186

0%

0

0%

755

0

0%

- Extraordinary charges

0

0%

0

0%

0

-

Extraordinary result

1,186 €

0%

0 €

0%

755 €

0 €

0%

0.17 % CA

0%

0.00 % CA

0%

0.06 % CA

0.00 % CA

0%

 

31/12/2014

Variation

31/12/2013

Variation

31/12/2012

SECTOR MEDIAN 2014

Pre-tax result

-846 €

-100.5 %

186,687 €

-79.2 %

899,027 €

21,346 €

-104.0 %

Extraordinary result

1,186 €

0%

0 €

0%

755 €

0 €

0%

- Employee profit sharing

0

0%

0

0%

68,313

-

- Tax on profits

-278,575

-298.6 %

-69,891

0%

0

-

Net result

278,915 €

8.7 %

256,578 €

-69.1 %

831,469 €

20,823 €

1239.5 %

40.42 % CA

65.8 %

24.38 % CA

-64.1 %

67.85 % CA

21.05 % CA

92.0 %

 

Synthesized Accounts

 

31/12/2009

31/12/2008

31/12/2007

Account period (month)

12

12

12

Account Type

Consolidated

Consolidated

Consolidated

Activity Code

6420Z

6420Z

6420Z

 

Active account

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Capital not called

0

0%

0

0%

0

Total fixed assets

7,373,000

-2.1 %

7,531,000

3.0 %

7,310,000

 Intangible assets

343,000

-0.9 %

346,000

-53.4 %

743,000

 Tangible assets

4,591,000

-7.9 %

4,983,000

-72.6 %

18,211,000

 Financial assets

996,000

61.7 %

616,000

-4.5 %

645,000

Net current assets

13,932,000

-30.0 %

19,904,000

5.0 %

18,953,000

 Stocks

7,148,000

-20.4 %

8,975,000

9.9 %

8,166,000

 Advanced payments

2,000

-97.7 %

88,000

388.9 %

18,000

 Receivables

6,636,000

-32.2 %

9,783,000

-5.0 %

10,293,000

 Securities and cash

146,000

-86.2 %

1,058,000

122.3 %

476,000

Accounts of regularization

0

0%

0

0%

0

Total Assets

21,305,000

-22.3 %

27,435,000

4.5 %

26,263,000

 

Passive account

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Shareholders' equity

7,253,000

5.5 %

6,874,000

15.4 %

5,957,000

Share capital

3,359,000

0%

3,359,000

0%

3,359,000

Other capital resources

0

0%

0

0%

0

Risk Provisions

326,000

26.8 %

257,000

68.0 %

153,000

Liabilities

13,726,000

-32.4 %

20,304,000

0.7 %

20,153,000

 Financial liabilities

7,915,000

-26.6 %

10,779,000

7.1 %

10,067,000

 Advanced payments received

789,000

412.3 %

154,000

-60.9 %

394,000

 Trade account payables

2,467,000

0%

0

0%

0

 Tax and social liabilities

2,548,000

0%

0

0%

0

 Other debts and fixed assets liabilities

7,000

-99.9 %

9,371,000

-3.3 %

9,692,000

Account regularization

0

0%

0

0%

0

Total liabilities

21,305,000

-22.3 %

27,435,000

4.5 %

26,263,000

 

Results

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Sales of Goods

26,455,000

-28.3 %

36,893,000

5.2 %

35,082,000

Net turnover

26,720,000

-27.7 %

36,932,000

7.0 %

34,509,000

 of which net export turnover

0

0%

12,755,000

7.1 %

11,914,000

Operating charges

25,246,000

-26.2 %

34,228,000

4.0 %

32,898,000

Operating profit/loss

1,209,000

-54.7 %

2,666,000

22.1 %

2,184,000

Financial income

127,000

-13.6 %

147,000

22.5 %

120,000

Financial charges

542,000

-49.6 %

1,075,000

29.7 %

829,000

Financial profit/loss

-415,000

55.3 %

-928,000

-30.9 %

-709,000

Pretax net operating income

794,000

-54.3 %

1,738,000

17.8 %

1,475,000

Extraordinary income

17,000

-88.6 %

149,000

831.3 %

16,000

Extraordinary charges

319,000

3887.5 %

8,000

-38.5 %

13,000

Extraordinary profit/loss

-302,000

-314.2 %

141,000

4600.0 %

3,000

 

Consolidation

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Net result before amortisation of goodwill

477,000

-68.0 %

1,489,000

35.6 %

1,098,000

Goodwill amortisation allocation

-144,000

-200.0 %

144,000

0%

144,000

Net result of equity affiliates companies

0

0%

0

0%

0

Net result of integrated companies

0

0%

0

0%

0

Group result (consolidated net result)

333,000

-75.2 %

1,345,000

41.0 %

954,000

Share of minority interest (Result except group)

0

0%

0

0%

0

Net result - group share (part of parent company)

333,000

-75.2 %

1,345,000

41.0 %

954,000

 

 

Accounts – Active

 

Normal Account

 

31/12/2009

31/12/2008

31/12/2007

Account period (month)

12

12

12

 

Grand Total - Active Accounts (I to VI)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Grand Total (I to VI)

Net

21,305,000

-22.3 %

27,435,000

4.5 %

26,263,000

Gross

CO

37,171,000

-15.8 %

44,155,000

5.2 %

41,964,000

Amortisation

1A

15,866,000

-5.1 %

16,720,000

6.5 %

15,701,000

 

Capital subscribed not called (I)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Capital suscribed not called (I)

AA3

0

0%

0

0%

0

 

Active fixed asset (II)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total Active fixed asset (II)

Net

7,373,000

-2.1 %

7,531,000

3.0 %

7,310,000

Gross

BJ

22,737,000

-3.8 %

23,644,000

5.1 %

22,486,000

Amortisation

BK

15,364,000

-4.6 %

16,113,000

6.2 %

15,176,000

 

Intangible fixed assets

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Start-up cost

Net

0

0%

0

0%

0

Gross

AB

0

0%

0

0%

0

Amortisation

AC

0

0%

0

0%

0

R&D expenses

Net

0

0%

0

0%

0

Gross

CX

0

0%

0

0%

0

Amortisation

CQ

0

0%

0

0%

0

Distributorships, patents

Net

0

0%

88,000

-81.9 %

485,000

Gross

AF

0

0%

494,000

1.9 %

485,000

Amortisation

AG

0

0%

406,000

0%

0

Goodwill

Net

0

0%

258,000

0%

258,000

Gross

AH

0

0%

258,000

0%

258,000

Amortisation

AI

0

0%

0

0%

0

Other intangible fixed assets

Net

343,000

0%

0

0%

0

Gross

AJ

343,000

0%

0

0%

0

Amortisation

AK

0

0%

0

0%

0

Pre-payments and downpayments

Net

0

0%

0

0%

0

Gross

AL

0

0%

0

0%

0

Amortisation

AM

0

0%

0

0%

0

Sub Total Intangible asset

Net

343,000

-0.9 %

346,000

-53.4 %

743,000

 

Tangible fixed assets

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Acquisition difference

Net

1,443,000

-9.1 %

1,587,000

-8.4 %

1,732,000

Gross

A11

1,443,000

-50.0 %

2,886,000

0%

2,886,000

Amortisation

A12

0

0%

2,886,000

0%

2,886,000

Goodwill

Net

0

0%

0

0%

0

Gross

A21

0

0%

0

0%

0

Amortisation

A22

0

0%

0

0%

0

Difference from the first consolidation

Net

0

0%

0

0%

0

Gross

A31

0

0%

0

0%

0

Amortisation

A32

0

0%

0

0%

0

Lands

Net

623,000

0%

0

0%

624,000

Gross

AN

623,000

0%

0

0%

624,000

Amortisation

AO

0

0%

0

0%

0

Buildings

Net

3,915,000

0%

0

0%

3,928,000

Gross

AP

3,915,000

0%

0

0%

3,928,000

Amortisation

AQ

0

0%

0

0%

0

Plant

Net

-774,000

0%

0

0%

12,769,000

Gross

AR

14,590,000

0%

0

0%

12,769,000

Amortisation

AS

15,364,000

0%

0

0%

0

Other tangible fixed assets

Net

636,000

-87.2 %

4,983,000

738.9 %

594,000

Gross

AT

636,000

-96.7 %

19,391,000

3164.5 %

594,000

Amortisation

AU

0

0%

14,408,000

0%

0

Fixed assets in construction

Net

191,000

0%

0

0%

296,000

Gross

AV

191,000

0%

0

0%

296,000

Amortisation

AW

0

0%

0

0%

0

Advances and payments on account

Net

0

0%

0

0%

0

Gross

AX

0

0%

0

0%

0

Amortisation

AY

0

0%

0

0%

0

Sub Total Tangible asset

Net

6,034,000

-8.2 %

6,570,000

-67.1 %

19,943,000

 

Financial assets

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Associates at equity

Net

0

0%

0

0%

0

Gross

CS

0

0%

0

0%

0

Amortisation

CT

0

0%

0

0%

0

Other participations

Net

0

0%

0

0%

0

Gross

CU

0

0%

0

0%

0

Amortisation

CV

0

0%

0

0%

0

Inter-company receivables

Net

0

0%

0

0%

0

Gross

BB

0

0%

0

0%

0

Amortisation

BC

0

0%

0

0%

0

Other investment securities

Net

0

0%

0

0%

0

Gross

BD

0

0%

0

0%

0

Amortisation

BE

0

0%

0

0%

0

Loans

Net

996,000

61.7 %

616,000

-4.5 %

645,000

Gross

BF

996,000

61.7 %

616,000

-4.5 %

645,000

Amortisation

BG

0

0%

0

0%

0

Other financial assets

Net

0

0%

0

0%

0

Gross

BH

0

0%

0

0%

0

Amortisation

BI

0

0%

0

0%

0

Other financial assets

Net

0

0%

0

0%

0

Gross

A41

0

0%

0

0%

0

Amortisation

A42

0

0%

0

0%

0

Sub Total Financial assets

Net

996,000

61.7 %

616,000

-4.5 %

645,000

 

Current Assets (III)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total Assets

Net

13,932,000

-30.0 %

19,904,000

5.0 %

18,953,000

Gross

CJ

14,434,000

-29.6 %

20,511,000

5.3 %

19,478,000

Amortisation

CK

502,000

-17.3 %

607,000

15.6 %

525,000

 

Stocks

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Raw materials

Net

2,098,000

-33.1 %

3,134,000

45.6 %

2,153,000

Gross

BL

2,098,000

-33.1 %

3,134,000

45.6 %

2,153,000

Amortisation

BM

0

0%

0

0%

0

Work in progress (goods)

Net

2,758,000

0%

0

0%

0

Gross

BN

3,260,000

0%

0

0%

0

Amortisation

BO

502,000

0%

0

0%

0

Work in progress (services)

Net

0

0%

2,878,000

-24.1 %

3,791,000

Gross

BP

0

0%

3,485,000

-8.1 %

3,791,000

Amortisation

BQ

0

0%

607,000

0%

0

Semi-finished and finished products

Net

1,364,000

-23.7 %

1,788,000

7.0 %

1,671,000

Gross

BR

1,364,000

-23.7 %

1,788,000

7.0 %

1,671,000

Amortisation

BS

0

0%

0

0%

0

Goods for resale

Net

928,000

-21.0 %

1,175,000

113.2 %

551,000

Gross

BT

928,000

-21.0 %

1,175,000

9.2 %

1,076,000

Amortisation

BU

0

0%

0

0%

525,000

Sub Total Stocks

Net

7,148,000

-20.4 %

8,975,000

9.9 %

8,166,000

 

Advance payments to suppliers

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Advance payments to suppliers

Net

2,000

-97.7 %

88,000

388.9 %

18,000

Gross

BV

2,000

-97.7 %

88,000

388.9 %

18,000

Amortisation

BW

0

0%

0

0%

0

 

Debtors

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Trade accounts receivable

Net

5,747,000

-23.5 %

7,511,000

-5.9 %

7,985,000

Gross

BX

5,747,000

-23.5 %

7,511,000

-5.9 %

7,985,000

Amortisation

BY

0

0%

0

0%

0

Other debtors

Net

740,000

-66.8 %

2,228,000

-1.8 %

2,269,000

Gross

BZ

740,000

-66.8 %

2,228,000

-1.8 %

2,269,000

Amortisation

CA

0

0%

0

0%

0

Capital subscribed and called up

Net

0

0%

0

0%

0

Gross

CB

0

0%

0

0%

0

Amortisation

CC

0

0%

0

0%

0

Sub Total debtors

Net

6,487,000

-33.4 %

9,739,000

-5.0 %

10,254,000

 

Divers

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Investment securities

Net

0

0%

0

0%

0

Gross

CD

0

0%

0

0%

0

Amortisation

CE

0

0%

0

0%

0

Cash and cash equivalents

Net

146,000

-86.2 %

1,058,000

122.3 %

476,000

Gross

CF

146,000

-86.2 %

1,058,000

122.3 %

476,000

Amortisation

CG

0

0%

0

0%

0

Sub Total Divers

Net

0

0%

0

0%

0

 

Prepaid expenses

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Prepaid expenses

Net

149,000

238.6 %

44,000

12.8 %

39,000

Gross

CH

149,000

238.6 %

44,000

12.8 %

39,000

Amortisation

CI

0

0%

0

0%

0

 

Equalization accounts (IV to VI)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Expenses of loan issue to be spread

CW3

0

0%

0

0%

0

Premiums on redemption of bonds

CM3

0

0%

0

0%

0

Currency differential gain

CN3

0

0%

0

0%

0

 

References

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Due within one year

CP

0

0%

0

0%

0

Due after one year

CR

0

0%

0

0%

0

 

 

Accounts – Passive

 

Grand Total - Passive Accounts (I to IV)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Grand Total (I to IV)

EE

21,305,000

-22.3 %

27,435,000

4.5 %

26,263,000

 

Shareholder Equity (I)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total shareholders' equity (Total I)

DL

7,253,000

5.5 %

6,874,000

15.4 %

5,957,000

Equity and shareholders' equity

DA

3,359,000

0%

3,359,000

0%

3,359,000

Issue and merger premiums

DB

0

0%

0

0%

0

Revaluation differentials

DC

0

0%

0

0%

0

Of which equity differential

EK

0

0%

0

0%

0

Legal reserve

DD

0

0%

0

0%

0

Statutory or contractual reserve

DE

0

0%

0

0%

0

Special regulated reserves

DF

0

0%

0

0%

0

Other reserves

DG

3,537,000

56.9 %

2,255,000

33.1 %

1,694,000

Profits or losses brought forward

DH

0

0%

0

0%

0

Conversion differences

P1

24,000

128.2 %

-85,000

-70.0 %

-50,000

Net result - group part

P2

333,000

-75.2 %

1,345,000

41.0 %

954,000

Investment grants

DJ

0

0%

0

0%

0

Special tax-allowable reserves

DK

0

0%

0

0%

0

 

Other capital resources (II)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total other capital resources (Total II)

DO

0

0%

0

0%

0

Income from participating securities

DM

0

0%

0

0%

0

Conditional loans

DN

0

0%

0

0%

0

Others

P3

0

0%

0

0%

0

 

Provisions for risks and charges (III)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total provisions for risks and charges (Total III)

DR

326,000

26.8 %

257,000

68.0 %

153,000

Conversion differences

P4

0

0%

0

0%

0

In reserves

P5

0

0%

0

0%

0

In results

P6

0

0%

0

0%

0

Total III

P7

0

0%

0

0%

0

Delayed tax

P8

187,000

156.2 %

73,000

-31.1 %

106,000

Acquisition differences

P9

0

0%

0

0%

0

Risk provisions

DP

139,000

143.9 %

57,000

21.3 %

47,000

Reserves for charges

DQ

0

0%

127,000

0%

0

 

Liabilities (IV)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total Liabilities (Total IV)

EC

13,726,000

-32.4 %

20,304,000

0.7 %

20,153,000

Convertible debentures

DS

0

0%

0

0%

0

Other debentures

DT

0

0%

0

0%

0

Bank loans and liabilities

DU

0

0%

10,779,000

0%

0

Sundry loans and financial liabilities

DV

7,915,000

0%

0

0%

10,067,000

Of which participating loans

EI

0

0%

0

0%

0

Advance payments received for current orders

DW

789,000

412.3 %

154,000

-60.9 %

394,000

Trade accounts payables

DX

2,467,000

0%

0

0%

0

Tax and social security liabilities

DY

2,548,000

0%

0

0%

0

Fixed asset liabilities

DZ

0

0%

0

0%

6,633,000

Other debts

EA

7,000

-99.9 %

9,371,000

206.3 %

3,059,000

 

Translation loss (V)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Translation loss (Total V)

ED

0

0%

0

0%

0

 

Equalization accounts

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Deferred income

EB

0

0%

0

0%

0

 

References

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Of which tax-allowable reserve

EF

0

0%

0

0%

0

Deferred income and liabilities

EG

0

0%

0

0%

0

Of which current bank facilities

EH

0

0%

0

0%

0

 

 

Result account

 

1-     Operating result (I-II)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Operating result (Total I-II)

GG

1,209,000

-54.7 %

2,666,000

22.1 %

2,184,000

 

2 - Financial result (V - VI)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Financial result (Total V-VI)

GV

-415,000

55.3 %

-928,000

-30.9 %

-709,000

 

3 - Pre-tax net operating income result (I - VI)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Pre-tax net operating income (Total I-II+II-IV+V-VI)

GW

794,000

-54.3 %

1,738,000

17.8 %

1,475,000

 

4 - Extraordinary result (VII-VIII)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Extraordinary result (Total VII-VIII)

HI

-302,000

-314.2 %

141,000

4600.0 %

3,000

 

Consolidation

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Delayed tax

R1

111,000

131.3 %

48,000

1300.0 %

-4,000

Net result before amortisation of acquisition differences

R2

477,000

-68.0 %

1,489,000

35.6 %

1,098,000

Endowment to amortisation of acquisition differences

R3

-144,000

-200.0 %

144,000

0%

144,000

Net result of companies set in equivalence

R4

0

0%

0

0%

0

Net result of integrated companies

R5

0

0%

0

0%

0

Group result (consolidated net result)

R6

333,000

-75.2 %

1,345,000

41.0 %

954,000

Cross-reference : equipment leasing

R7

0

0%

0

0%

0

Cross-reference : property leasing

R8

333,000

-75.2 %

1,345,000

41.0 %

954,000

 

Operating income (I)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total operating income (Total I)

FR

26,455,000

-28.3 %

36,893,000

5.2 %

35,082,000

 

Operating income (details)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Sale of goods for resale

FC

6,025,000

-42.3 %

10,433,000

15.3 %

9,049,000

France

FA

6,025,000

-42.3 %

10,433,000

0%

0

Export

FB

0

0%

0

0%

0

Sale of goods produced

FF

20,695,000

0%

0

0%

0

France

FD

20,695,000

0%

0

0%

0

Export

FE

0

0%

0

0%

0

Sale of services

FI

0

0%

26,499,000

4.1 %

25,460,000

France

FG

0

0%

13,744,000

0%

0

Export

FH

0

0%

12,755,000

0%

0

Net turnover

FL

26,720,000

-27.7 %

36,932,000

7.0 %

34,509,000

France

FJ

26,720,000

10.5 %

24,177,000

7.0 %

22,595,000

Export

FK

0

0%

12,755,000

7.1 %

11,914,000

Stocked production

FM

-720,000

-203.8 %

-237,000

-163.4 %

374,000

Self-constructed assets

FN

0

0%

0

0%

0

Operating grants

FO

81,000

305.0 %

20,000

11.1 %

18,000

Release of reserves and provisions

FP

295,000

243.0 %

86,000

-8.5 %

94,000

Other income

FQ

79,000

-14.1 %

92,000

5.7 %

87,000

 

Operating charges (II)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total operating charges (Total II)

GF

25,246,000

-26.2 %

34,228,000

4.0 %

32,898,000

 

Exploitation charges

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Purchase of goods for resale

FS

3,655,000

-52.9 %

7,756,000

27.4 %

6,087,000

Change in stocks of goods for resale

FT

253,000

183.5 %

-303,000

-515.1 %

73,000

Purchase of raw materials

FU

6,312,000

-32.6 %

9,363,000

4.8 %

8,938,000

Change in stocks of raw materials

FV

964,000

212.6 %

-856,000

-871.2 %

111,000

Other external purchases and charges

FW

3,317,000

-44.9 %

6,020,000

8.6 %

5,542,000

Tax, duty and similar payments

FX

867,000

-11.8 %

983,000

14.0 %

862,000

Payroll

FY

8,617,000

-13.0 %

9,908,000

-0.4 %

9,945,000

Social security costs

FZ

0

0%

0

0%

0

 

Depreciation

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Depreciation of fixed assets

GA

1,203,000

-7.4 %

1,299,000

1.1 %

1,285,000

Amortisation of fixed assets

GB

0

0%

0

0%

0

Depreciation/amortisation of current assets

GC

0

0%

0

0%

0

Provisions for risks and charges

GD

0

0%

0

0%

0

 

Other charges

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Other charges

GE

58,000

0%

58,000

5.5 %

55,000

 

Operating charges (III-IV)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Share of joint-venture transferred to other partner(s) (Total III)

GH

0

0%

0

0%

0

Share of joint venture transferred from other partner(s) (Total IV)

GI

0

0%

0

0%

0

 

Financial income (V)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total financial income (Total V)

GP

127,000

-13.6 %

147,000

22.5 %

120,000

Share financial income

GJ

0

0%

0

0%

0

Other investment income & capitalised receivables

GK

0

0%

0

0%

0

Other interest and similar income

GL

26,000

116.7 %

12,000

-90.0 %

120,000

Released provisions and transferred charges

GM

0

0%

0

0%

0

Exchange gains

GN

101,000

-25.2 %

135,000

0%

0

Net income from disposal of investment securities

GO

0

0%

0

0%

0

 

Financial charge (VI)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total financial charge (Total VI)

GU

542,000

-49.6 %

1,075,000

29.7 %

829,000

Financial reserves and provisions

GQ

0

0%

0

0%

0

Interest and similar charges

GR

374,000

-50.7 %

758,000

-3.7 %

787,000

Exchange losses

GS

168,000

-47.0 %

317,000

0%

0

Net loss from disposal of investment securities

GT

0

0%

0

0%

42,000

 

Extraordinary income (VII)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total extraordinary income (Total VII)

HD

17,000

-88.6 %

149,000

831.3 %

16,000

Extraordinary operating income

HA

17,000

-85.0 %

113,000

606.3 %

16,000

Extraordinary income from capital transactions

HB

0

0%

32,000

0%

0

Released provisions and transferred charges

HC

0

0%

0

0%

0

 

Extraordinary charges (VIII)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Total extraordinary charges (Total VIII)

HH

319,000

3887.5 %

8,000

-38.5 %

13,000

Extraordinary operating charges

HE

318,000

6260.0 %

5,000

-61.5 %

13,000

Extraordinary charges from capital transactions

HF

1,000

-75.0 %

4,000

0%

0

Extraordinary reserves and provisions

HG

0

0%

0

0%

0

 

Employee profit sharing (IX)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Employee profit sharing (Total IX)

HJ

0

0%

0

0%

0

 

Tax on profits (X)

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Tax on profits (Total X)

HK

-96,000

-128.2 %

341,000

-11.0 %

383,000

 

References

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Of which equipment leases

HP

0

0%

0

0%

0

Of which property leases

HQ

0

0%

0

0%

0

 

 

Ratios

 

Structure and Liquidity

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Fixed Asset Financing

1.36

-5.6 %

1.44

3.6 %

1.39

Global Debt

184.93 days

-6.6 %

197.92 days

-5.9 %

210.24 days

Working Capital Fund overall net

109.41 days

8.1 %

101.17 days

9.4 %

92.50 days

Financial independence

0.00 %

0%

63.77 %

0%

0.00 %

Solvability

34.04 %

35.8 %

25.06 %

10.5 %

22.68 %

 

Management or rotation

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Need background in operating working capital

105.44 days

16.6 %

90.43 days

3.8 %

87.13 days

Treasury

1.97 days

-80.9 %

10.31 days

107.4 %

4.97 days

Inventory turnover of goods

85.49 days

50.6 %

56.76 days

-9.7 %

62.88 days

Inventory turnover of raw materials in industrial enterprises

119.66 days

-0.7 %

120.50 days

39.0 %

86.72 days

Inventory turnover of intermediate and finished products in the industrial enterprise

17.33 days

0%

0.00 days

0%

0.00 days

 

Profitability of the business

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Margin trading

6,024,985.37 %

-42.3 %

10,432,979.82 %

15.3 %

9,048,982.15 %

Profitability of the business

7.84 %

-24.7 %

10.41 %

7.4 %

9.69 %

Rates integration

43.04 %

8.0 %

39.84 %

-2.7 %

40.95 %

Rate leasing furniture

0.00 %

0%

0.00 %

0%

0.00 %

Weight interests

2.03 %

-30.2 %

2.91 %

21.3 %

2.40 %

 

Return on capital

 

31/12/2009

Variation

31/12/2008

Variation

31/12/2007

Rates of economic profitability

13.82 %

-36.5 %

21.78 %

4.4 %

20.86 %

 

 

 

FOREIGN EXCHANGE RATES

 

Currency

Unit

Indian Rupees

US Dollar

1

Rs.66.75

UK Pound

1

Rs.100.68

Euro

1

Rs.70.88

EUR

1

Rs. 70.60

Note : Above are approximate rates obtained from sources believed to be correct

 

 

INFORMATION DETAILS

 

Analysis Done by :

KIN

 

 

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.