|
Report No. : |
344901 |
|
Report Date : |
12.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
MORUBEL NV |
|
|
|
|
Registered Office : |
Ankerstraat 2, 8400 Oostende |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.03.2015 |
|
|
|
|
Date of Incorporation : |
24.11.1999 |
|
|
|
|
Com. Reg. No.: |
468144665 |
|
|
|
|
Legal Form : |
Public Limited Liability |
|
|
|
|
Line of Business : |
Subject is engaged in business of processing
and preserving of fish, crustaceans and molluscs. |
|
|
|
|
No. of Employee : |
100 |
RATING & COMMENTS
|
MIRA’s Rating : |
Ba |
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List – March 31, 2015
|
Country Name |
Previous Rating (31.12.2014) |
Current Rating (31.03.2015) |
|
Belgium |
A2 |
A2 |
|
Risk Category |
ECGC Classification |
|
Insignificant |
A1 |
|
Low |
A2 |
|
Moderate |
B1 |
|
High |
B2 |
|
Very High |
C1 |
|
Restricted |
C2 |
|
Off-credit |
D |
BELGIUM - ECONOMIC OVERVIEW
This modern, open, and private-enterprise-based economy has capitalized
on its central geographic location, highly developed transport network, and
diversified industrial and commercial base. Industry is concentrated mainly in
the more heavily-populated region of Flanders in the north. With few natural
resources, Belgium imports substantial quantities of raw materials and exports
a large volume of manufactures, making its economy vulnerable to shifts in
foreign demand, particularly in Belgium’s EU trade partners. Roughly
three-quarters of Belgium's trade is with other EU countries. In 2014 Belgian
GDP grew by 0.9%, the unemployment rate stabilized at 8.5%, and the the budget
deficit was 3.2% of GDP. Prime Minister Charles MICHEL’s center-right
government has pledged to further reduce the deficit in response to EU pressure
to reduce Belgium’s high public debt, which remains above 100% of GDP, but such
efforts could also dampen economic growth. In addition to restrained public
spending, low wage growth and high unemployment promise to curtail a more
robust recovery in private consumption. The government has pledged to pursue an
reform program to improve Belgium’s competitiveness, including changes to tax
policy, labor market rules, and welfare benefits. These changes risk worsening
tensions with trade unions and triggering extended strikes.
|
Source
: CIA |
MORUBEL
NV
|
Business number |
468144665 |
|
Branche Unit
Number |
2097285597 |
|
Company name |
MORUBEL NV |
|
Address |
ANKERSTRAAT 2 |
|
|
8400 OOSTENDE |
|
Number of staff |
100 |
|
Date of
establishment |
24/11/1999 |
|
Telephone number |
059322868 |
|
Fax number |
059324660 |
|
ULTIMATE HOLDING
COMPANY |
|
|
Company name |
Company Number |
|
Morubel NV |
468144665 |
The business was established over
15 years ago. The business has 100
employees.
The business is part of
a group.
This business has a foreign
parent business. The business has been at
the address for over 13 years. Operating
Result in the latest trading period
decreased 41% on the previous trading
period. Pre-tax profits decreased by 37%
compared to the previous trading period.
The business saw an increase in their
Cash Balance of 59% during the latest
trading period.
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE
TAX |
NET WORTH |
WORKING CAPITAL |
|
31/03/2015 |
67,066,504 |
2,543,000 |
20,116,967 |
19,131,712 |
|
31/03/2014 |
81,606,515 |
4,062,026 |
19,002,359 |
18,157,361 |
|
31/03/2013 |
80,900,643 |
5,532,426 |
44,491,226 |
43,297,216 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF
EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/03/2015 |
48,366,593 |
100 |
61,988 |
1,431,801 |
|
31/03/2014 |
44,788,758 |
107 |
61,988 |
-25,110,604 |
|
31/03/2013 |
76,831,249 |
106 |
61,988 |
4,398,231 |
|
Past payments |
|
Payment
expectation days |
90.63 |
|
Industry average
payment |
178.28 |
Industry average
day sales |
97.80 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
44.44 |
|
|
BANKRUPTCY DETAILS
Court
action type
no
PROTESTED BILLS
Bill amount -
NSSO DETAILS
Date of
summons -
|
Business number |
468144665 |
Company name |
MORUBEL NV |
|
Fax number |
059324660 |
Date founded |
24/11/1999 |
|
Company status |
active |
Company type |
Public Limited Liability |
|
|
|
|
Company (BE) |
|
Currency |
Euro (€) |
Date of latest
accounts |
31/03/2015 |
|
Activity code |
10200 |
Liable for VAT |
yes |
|
Activity description |
Processing and preserving of fish,
crustaceans and molluscs |
VAT Number |
BE.0468.144.665 Check VAT Number |
|
Belgian Bullettin
of Acts Publications |
moniteur belge |
|
|
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck
off register |
|
|
Personnel (NSSO
classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
118 |
|
Description |
Joint committee for the food
industry |
|
category |
|
|
JIC Code |
220 |
|
Description |
Joint committee for the
employees in the food industry |
|
category |
|
|
Significant Events |
|
|
Event Date |
14/07/2014 |
|
Event Description |
|
|
Event Details |
Neerlegging van de schriftelijk
besluitvorming van de aandeelhouders dd.
30/05/2014 houdende de wijziging van controle
overeenkomstig artikel 556 van het
Wetboek van Vennootschappen. |
|
ASSETS |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-03-2015 |
% |
31-03-2014 |
% |
31-03-2013 |
% |
31-03-2012 |
% |
31-03-2011 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
1,109,528 |
-2.65 |
1,139,771 |
-11.89 |
1,293,641 |
-11.91 |
1,468,516 |
-0.87 |
1,481,384 |
|
Intangible fixed assets |
57,621 |
0.45 |
57,362 |
831 |
6,157 |
397 |
1,237 |
-55.90 |
2,805 |
|
Tangible fixed assets |
1,037,634 |
-2.25 |
1,061,570 |
-8.28 |
1,157,359 |
-14.67 |
1,356,338 |
-1.47 |
1,376,525 |
|
Land & building |
131,335 |
12.67 |
116,565 |
- |
- |
- |
- |
- |
- |
|
Plant & machinery |
794,949 |
-10.12 |
884,450 |
-17.94 |
1,077,773 |
-12.27 |
1,228,563 |
2.68 |
1,196,490 |
|
Furniture & Vehicles |
111,350 |
98.79 |
56,015 |
66.77 |
33,589 |
-2.61 |
34,489 |
-12.88 |
39,589 |
|
Leasing & Other
Similar Rights |
- |
- |
0 |
-100 |
45,997 |
-50.69 |
93,286 |
-33.58 |
140,446 |
|
Other tangible assets |
0 |
-100 |
4,540 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
14,273 |
-31.51 |
20,839 |
-83.99 |
130,125 |
17.29 |
110,941 |
8.71 |
102,054 |
|
Total current assets |
47,257,065 |
8.27 |
43,648,987 |
-42.22 |
75,537,608 |
-16.60 |
90,568,869 |
4.40 |
86,750,267 |
|
Inventories |
34,254,103 |
16.71 |
29,350,517 |
3.97 |
28,229,768 |
17.30 |
24,067,126 |
13.66 |
21,174,401 |
|
Raw materials & consumables |
24,216,604 |
37.38 |
17,627,611 |
-14.66 |
20,655,670 |
31.00 |
15,767,501 |
23.18 |
12,800,621 |
|
Work in progress |
645,812 |
-35.13 |
995,607 |
51.23 |
658,359 |
189 |
227,693 |
-45.87 |
420,665 |
|
Finished goods |
9,391,687 |
-12.45 |
10,727,299 |
55.11 |
6,915,739 |
-14.32 |
8,071,932 |
1.49 |
7,953,115 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
8,165,232 |
-32.42 |
12,083,012 |
-16.27 |
14,430,702 |
21.87 |
11,841,108 |
2.08 |
11,599,970 |
|
Other amounts receivable |
720,271 |
36.57 |
527,417 |
-96.92 |
17,097,401 |
-26.77 |
23,346,402 |
-1.12 |
23,611,189 |
|
Cash |
2,304,893 |
59.35 |
1,446,457 |
-90.56 |
15,320,422 |
-50.09 |
30,698,586 |
3.60 |
29,632,108 |
|
Miscellaneous current assets |
1,812,566 |
650 |
241,584 |
-47.40 |
459,315 |
-25.39 |
615,647 |
-15.96 |
732,599 |
|
Total Assets |
48,366,593 |
7.99 |
44,788,758 |
-41.71 |
76,831,249 |
-16.52 |
92,037,385 |
4.31 |
88,231,651 |
|
LIABILITIES |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
20,174,588 |
5.85 |
19,059,721 |
-57.17 |
44,497,383 |
-16.71 |
53,427,439 |
10.54 |
48,330,944 |
|
Issued share capital |
61,988 |
0 |
61,988 |
0 |
61,988 |
0 |
61,988 |
0 |
61,988 |
|
Share premium account |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Revaluation reserve |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Reserves |
20,112,600 |
5.87 |
18,997,733 |
-57.25 |
44,435,395 |
-16.73 |
53,365,451 |
10.56 |
48,268,956 |
|
Provisions for Liabilities
& |
66,652 |
-71.93 |
237,411 |
328 |
55,451 |
-39.98 |
92,381 |
-86.86 |
702,877 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Creditors |
28,125,353 |
10.33 |
25,491,626 |
-21.03 |
32,278,415 |
-16.20 |
38,517,565 |
-1.74 |
39,197,830 |
|
Other long term loans |
- |
- |
- |
- |
38,023 |
-50.57 |
76,930 |
-33.59 |
115,837 |
|
Long term group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
66,652 |
-71.93 |
237,411 |
153 |
93,474 |
-44.79 |
169,311 |
-79.32 |
818,714 |
|
Current portion of long
term debt |
- |
- |
38,023 |
-2.27 |
38,907 |
0 |
38,907 |
0 |
38,907 |
|
Financial debts |
11,057,026 |
266 |
3,018,549 |
-82.68 |
17,430,135 |
-24.15 |
22,979,502 |
8.81 |
21,119,721 |
|
Trade creditors |
15,965,634 |
-23.64 |
20,909,005 |
57.87 |
13,244,531 |
-5.26 |
13,979,831 |
-14.14 |
16,282,720 |
|
Amounts Payable for Taxes, |
1,098,362 |
-22.27 |
1,413,062 |
-6.86 |
1,517,216 |
16.87 |
1,298,225 |
14.92 |
1,129,641 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
4,331 |
-96.17 |
112,987 |
1076 |
9,603 |
-93.34 |
144,170 |
-71.79 |
511,004 |
|
Total current liabilities |
28,125,353 |
10.33 |
25,491,626 |
-20.93 |
32,240,392 |
-16.13 |
38,440,635 |
-1.64 |
39,081,993 |
|
Total Liabilities |
48,366,593 |
7.99 |
44,788,758 |
-41.71 |
76,831,249 |
-16.52 |
92,037,385 |
4.31 |
88,231,651 |
RATIO
ANALYSIS
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
3.79 |
-23.90 |
4.98 |
-27.19 |
6.84 |
-19.43 |
8.49 |
10.69 |
7.67 |
|
Return on capital employed |
12.56 |
-40.33 |
21.05 |
69.62 |
12.41 |
-2.59 |
12.74 |
11.66 |
11.41 |
|
Return on total assets
employed |
5.26 |
-42.01 |
9.07 |
25.97 |
7.20 |
-2.96 |
7.42 |
16.67 |
6.36 |
|
Return on net assets
employed |
12.60 |
-40.87 |
21.31 |
71.44 |
12.43 |
-2.74 |
12.78 |
10.17 |
11.60 |
|
Sales / net working
capital |
3.51 |
-21.83 |
4.49 |
140 |
1.87 |
21.43 |
1.54 |
0.65 |
1.53 |
|
Stock turnover ratio |
51.07 |
41.98 |
35.97 |
3.10 |
34.89 |
16.61 |
29.92 |
3.28 |
28.97 |
|
Creditor days |
90.63 |
-8.66 |
99.22 |
54.24 |
64.33 |
-5.48 |
68.06 |
-22.01 |
87.27 |
|
Debtor days |
44.44 |
-17.76 |
54.04 |
-17.00 |
65.11 |
21.18 |
53.73 |
-7.23 |
57.92 |
|
SHORT TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.68 |
-1.75 |
1.71 |
-26.92 |
2.34 |
-0.85 |
2.36 |
6.31 |
2.22 |
|
Liquidity ratio / acid
ratio |
0.46 |
-17.86 |
0.56 |
-61.90 |
1.47 |
-15.03 |
1.73 |
2.98 |
1.68 |
|
Current debt ratio |
1.39 |
3.73 |
1.34 |
86.11 |
0.72 |
0 |
0.72 |
-11.11 |
0.81 |
|
Liquidity ratio reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
1,431,801 |
5.70 |
-25,110,604 |
-670 |
4,398,231 |
-19.04 |
5,432,284 |
11.72 |
4,862,365 |
|
Net worth |
20,116,967 |
5.87 |
19,002,359 |
-57.29 |
44,491,226 |
-16.72 |
53,426,202 |
10.55 |
48,328,139 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
54.81 |
241 |
16.04 |
-59.23 |
39.34 |
-9.00 |
43.23 |
-1.79 |
44.02 |
|
Equity in percentage |
41.76 |
-1.99 |
42.61 |
-26.43 |
57.92 |
-0.22 |
58.05 |
5.97 |
54.78 |
|
Total debt ratio |
1.40 |
3.70 |
1.35 |
84.93 |
0.73 |
1.39 |
0.72 |
-13.25 |
0.83 |
|
Working capital |
19,131,712 |
5.37 |
18,157,361 |
-58.06 |
43,297,216 |
-16.94 |
52,128,234 |
9.36 |
47,668,274 |
|
PROFIT
& LOSS |
|
|
|
|
|
|
|
|
|
|
Operating Income |
67,419,482 |
-18.59 |
82,814,849 |
5.70 |
78,345,358 |
-2.62 |
80,452,929 |
4.66 |
76,869,428 |
|
Turnover |
67,066,504 |
-17.82 |
81,606,515 |
0.87 |
80,900,643 |
0.58 |
80,436,467 |
10.04 |
73,095,345 |
|
Total operating expenses |
64,301,715 |
-16.40 |
76,920,140 |
2.35 |
75,151,847 |
0.24 |
74,975,459 |
10.10 |
68,098,925 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
64,654,693 |
-17.25 |
78,128,474 |
7.62 |
72,596,562 |
-3.19 |
74,991,921 |
4.34 |
71,873,008 |
|
Employee costs |
5,575,982 |
-1.30 |
5,649,171 |
-1.20 |
5,717,586 |
0.84 |
5,669,741 |
9.89 |
5,159,378 |
|
Wages and salary |
3,939,011 |
0.07 |
3,936,161 |
-0.48 |
3,955,302 |
-0.49 |
3,974,672 |
8.78 |
3,653,761 |
|
Employee pension costs |
11,300 |
10.29 |
10,246 |
4.73 |
9,783 |
113 |
4,590 |
161 |
1,753 |
|
Social security contributions |
1,201,151 |
-6.69 |
1,287,308 |
-1.79 |
1,310,827 |
-1.07 |
1,324,949 |
10.44 |
1,199,744 |
|
Other employee costs |
424,520 |
2.18 |
415,456 |
-5.94 |
441,674 |
20.83 |
365,530 |
20.19 |
304,120 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
316,934 |
-3.10 |
327,058 |
-0.37 |
328,287 |
-2.23 |
335,789 |
-26.22 |
455,131 |
|
Operating result |
2,764,789 |
-41.00 |
4,686,375 |
-18.48 |
5,748,796 |
5.27 |
5,461,008 |
9.30 |
4,996,420 |
|
Total financial income |
16,922 |
-99 |
2,312,192 |
-14.23 |
2,695,850 |
-0.46 |
2,708,344 |
14.60 |
2,363,380 |
|
Total financial expenses |
238,711 |
-91.87 |
2,936,541 |
0.84 |
2,912,220 |
117 |
1,339,894 |
-23.52 |
1,751,876 |
|
Results on ordinary operations before
taxation |
2,543,000 |
-37.40 |
4,062,026 |
-26.58 |
5,532,426 |
-18.99 |
6,829,458 |
21.78 |
5,607,924 |
|
Extraordinary Income |
- |
- |
10,035,430 |
- |
- |
- |
77,134 |
-66.64 |
231,247 |
|
Extraordinary Charges |
1,428,133 |
-96.39 |
39,512,822 |
- |
- |
- |
1 |
-99 |
63,525 |
|
Extraordinary items |
-1,428,133 |
4.84 |
-29,477,392 |
- |
0 |
-100 |
77,133 |
-54.01 |
167,722 |
|
Results for the Year
Before |
1,114,867 |
4.39 |
-25,415,366 |
-559 |
5,532,426 |
-19.90 |
6,906,591 |
19.58 |
5,775,646 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
- |
- |
22,296 |
-98.48 |
1,462,482 |
-19.20 |
1,810,096 |
32.28 |
1,368,412 |
|
Results on ordinary operations |
2,543,000 |
-37.05 |
4,039,730 |
-0.74 |
4,069,944 |
-18.92 |
5,019,362 |
18.39 |
4,239,512 |
|
after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
1,114,867 |
4.38 |
-25,437,662 |
-725 |
4,069,944 |
-20.14 |
5,096,495 |
15.64 |
4,407,234 |
|
Profit (Loss) for the
Year to be appropiated
|
1,114,867 |
4.38 |
-25,437,662 |
-725 |
4,069,944 |
-20.14 |
5,096,495 |
15.64 |
4,407,234 |
|
Dividends |
- |
- |
- |
- |
13,000,000 |
- |
- |
- |
- |
|
Social Balance
Sheet Details |
|
|
|
|
Social Balance
Sheet |
|
Total |
|
|
During the
reporting year |
|
|
|
|
ended 31-03-2015 |
|
|
|
|
Full-time Employees |
|
86 |
|
|
Part-time Employees |
|
22 |
|
|
Total Fte
Employees |
|
103 |
|
|
Number of
hours worked |
|
|
|
|
Full-time Employees |
|
123,486 |
|
|
Part-time Employees |
|
23,022 |
|
|
Total |
|
146,508 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
4,887,719 |
|
|
Part-time Employees |
|
676,963 |
|
|
Total |
|
5,564,682 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
During the
previous reporting year |
|
|
|
|
Average number
employees in Fte |
|
102 |
|
|
Actual working
hours |
|
155,597 |
|
|
Personnel Charges |
|
5,638,925 |
|
|
Benefits In
Addition To Wages |
|
- |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
85 |
21 |
101 |
|
Contracts |
|
|
|
|
Limited Duration
Contracts |
- |
- |
- |
|
Contracts For
Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender and
Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
14 |
3 |
16 |
|
Secondairy education |
32 |
4 |
35 |
|
Higher education
(non |
12 |
1 |
12 |
|
university) |
|
|
|
|
Higher education |
5 |
- |
5 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
1 |
2 |
2 |
|
Secondairy education |
13 |
8 |
20 |
|
Higher education
(non |
6 |
3 |
8 |
|
university) |
|
|
|
|
Higher education |
2 |
- |
2 |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
2 |
- |
2 |
|
White collar
worker |
31 |
10 |
38 |
|
Blue collar worker |
52 |
11 |
61 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number
of temporary staff |
|
7 |
|
|
Actual working
hours |
|
12,824 |
|
|
Cost of
temporary staff |
|
338,715 |
|
|
New staff
and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
8 |
- |
8 |
|
Leavers |
12 |
2 |
14 |
|
Total of
formal continuing vocational training initiatives |
|
|
|
for workers
paid by the employer |
Male |
Female |
|
Number of
employees |
70 |
30 |
|
Number of
training hours |
861 |
592 |
|
Net costs
for enterprise |
51,691 |
25,294 |
|
Total of
less formal and informal continuing vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of
employees |
- |
- |
|
Number of
training hours |
- |
- |
|
Net costs
for enterprise |
- |
- |
|
Total of
initial training initiatives at the
expense of the |
|
|
|
employer |
Male |
Female |
|
Number of
employees |
- |
- |
|
Number of
training hours |
- |
- |
|
Net costs
for enterprise |
- |
- |
INDUSTRY COMPARISON
|
Activity code |
10200 |
|
Activity description |
Processing and preserving of
fish, crustaceans and molluscs |
PAYMENT INFORMATION
|
Suspension of payments
/ moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment Information Summary |
|
|
Total number of Invoices available |
220 |
|
Total number of Invoices paid within or up to 30
days after the due date |
208 |
|
Total number of Invoices paid more than 30 days
after the due date |
1 |
|
Total number of Invoices currently outstanding where the
due date has not yet been reached |
0 |
|
Total number of Invoices currently outstanding beyond the
due date |
11 |
|
Payment expectations |
|
|
Payment expectation days |
90.63 |
|
Day sales outstanding |
44.44 |
|
Industry comparison |
|
|
Activity code |
10200 |
|
Activity description |
Processing and preserving of fish,
crustaceans and molluscs |
|
Industry average payment |
178.28 |
|
expectation days |
|
|
Industry average day
sales |
97.80 |
|
outstanding |
|
|
INDUSTRY QUARTILE
ANALYSIS |
|
|
Payment expectations |
|
|
Company result |
90.63 |
|
Lower |
95.34 |
|
Median |
61.01 |
|
Upper |
48.26 |
DAY SALES
OUTSTANDING
|
Company result |
44.44 |
|
Lower |
100.95 |
|
Median |
59.43 |
|
Upper |
40.12 |
|
Summary |
|
|
Group -
Number of Companies |
2 |
|
Linkages -
Number of Companies |
0 |
|
Number of
Countries |
0 |
|
GROUP STRUCTURE |
|
|
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- MORUBEL NV |
468144665 |
31-03-2015 |
|
- - MORUBEL DEUTSCHLAND GMBH |
HRB 120877 |
31-03-2011 |
MINORITY SHAREHOLDERS
No minority shareholders found
MINORITY INTERESTS
No minority interests found
|
Summary |
|
|
Group -
Number of Companies |
2 |
|
Linkages -
Number of Companies |
0 |
|
Number of
Countries |
0 |
SUMMONS
there is no data for
this company
PROTESTED BILLS
there is no data for
this company
BANKRUPTCY AND OTHER
LEGAL EVENTS
there is no data for
this company
CURRENT DIRECTOR
DETAILS
|
Position |
Chairman of the Board |
|
Start Date |
29/09/2014 |
|
Date of birth |
03/06/2014 |
|
Street |
2 CULLIGANLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
Name |
GBC NV |
|
Position |
Managing Director |
|
Start Date |
29/09/2014 |
|
Date of birth |
03/06/2014 |
|
Street |
2 CULLIGANLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
Position |
Legal Representative |
|
Start Date |
29/09/2014 |
|
Date of birth |
03/06/2014 |
|
Street |
2 CULLIGANLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
FORMER DIRECTOR
DETAILS |
|
|
Name |
GBC NV |
|
Position |
Director |
|
Start Date |
30/06/2014 |
|
End Date |
03/09/2014 |
|
Date of birth |
03/06/2014 |
|
Street |
2 CULLIGANLAAN MACHELEN |
|
Post code |
1831 |
|
Country |
Belgium |
|
Name |
GINO MAUS |
|
Position |
Director |
|
Start Date |
15/10/2004 |
|
End Date |
Unknown date |
|
Street |
5 MOLENDREEF ZEDELGEM |
|
Post code |
8210 |
|
Country |
Belgium |
|
Name |
BART RABAEY CONSULTING VOF |
|
Position |
Director |
|
Start Date |
30/06/2014 |
|
End Date |
29/09/2014 |
|
Date of birth |
21/08/2006 |
|
Street |
170 NIEUWELAAN MEISE |
|
Post code |
1860 |
|
Country |
Belgium |
|
Position |
Legal Representative |
|
Start Date |
30/06/2014 |
|
End Date |
29/09/2014 |
|
Date of birth |
21/08/2006 |
|
Street |
170 NIEUWELAAN MEISE |
|
Post code |
1860 |
|
Country |
Belgium |
|
Name |
HUGO MARINUS FLORIMOND DE GROOTE |
|
Position |
Managing Director |
|
Start Date |
20/10/2005 |
|
End Date |
31/03/2011 |
|
Street |
6 OUDE KASTEELDREEF MALDEGEM |
|
Post code |
9990 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
24/11/1999 |
|
End Date |
30/09/2010 |
|
Street |
6 OUDE KASTEELDREEF MALDEGEM |
|
Post code |
9990 |
|
Country |
Belgium |
|
Name |
HERMAN HEIJTMEIJER |
|
Position |
Director |
|
Start Date |
19/11/2012 |
|
End Date |
31/03/2014 |
|
Street |
21 MOLENWEG HAREN |
|
Post code |
9751 AE |
|
Country |
Belgium |
|
Name |
JAN ERNST VEENMAN |
|
Position |
Managing Director |
|
Start Date |
30/09/2010 |
|
End Date |
Unknown date |
|
Street |
48 WESTERSE DRIFT HAREN |
|
Post code |
9752 LJ |
|
Country |
Germany |
|
Position |
Director |
|
Start Date |
01/11/2009 |
|
End Date |
Unknown date |
|
Street |
48 WESTERSE DRIFT HAREN |
|
Post code |
9752 LJ |
|
Country |
Germany |
|
Name |
MICHEL VEERMAN |
|
Position |
Managing Director |
|
Start Date |
30/09/2010 |
|
End Date |
24/02/2014 |
|
Street |
36 JOOST VAN DE VONDELSTRAAT
VOLENDAM |
|
Post code |
1132 SC |
|
Country |
The Netherlands |
|
Position |
Director |
|
Start Date |
30/09/2010 |
|
End Date |
24/02/2014 |
|
Street |
36 JOOST VAN DE VONDELSTRAAT
VOLENDAM |
|
Post code |
1132 SC |
|
Country |
The Netherlands |
|
Name |
JASPER SCHRIJVER |
|
Position |
Managing Director |
|
Start Date |
24/02/2014 |
|
End Date |
30/06/2014 |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Position |
Director |
|
Start Date |
24/02/2014 |
|
End Date |
30/06/2014 |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Name |
HAN CORNELISSEN |
|
Position |
Director |
|
Start Date |
14/02/2013 |
|
End Date |
31/03/2014 |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Name |
NICO MOOIJER |
|
Position |
Director |
|
Start Date |
30/09/2010 |
|
End Date |
Unknown date |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Name |
RAMON MENDES DE LEON |
|
Position |
Director |
|
Start Date |
30/09/2010 |
|
End Date |
31/03/2012 |
|
Street |
|
|
Post code |
|
|
Country |
The Netherlands |
|
Name |
FREDERICUS PETRUS MARIA MAAS |
|
Position |
Chairman of the Board |
|
Start Date |
24/11/1999 |
|
End Date |
Unknown date |
|
Street |
68 PEURSSENSTRAAT AARDENBURG |
|
Post code |
4547 BM |
|
Country |
The Netherlands |
|
Position |
Director |
|
Start Date |
24/11/1999 |
|
End Date |
Unknown date |
|
Street |
68 PEURSSENSTRAAT AARDENBURG |
|
Post code |
4547 BM |
|
Country |
The Netherlands |
|
Name |
NICOLAAS MOOIJER |
|
Position |
Director |
|
Start Date |
15/10/2004 |
|
End Date |
19/11/2012 |
|
Street |
|
|
Post code Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.78 |
|
|
1 |
Rs.99.54 |
|
Euro |
1 |
Rs.73.08 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAR |
|
|
|
|
Report Prepared
by : |
ASH |
RATING EXPLANATIONS
|
RATING |
STATUS |
PROPOSED CREDIT LINE |
|
|
>86 |
Aaa |
Possesses an extremely sound financial base with the strongest
capability for timely payment of interest and principal sums |
Unlimited |
|
71-85 |
Aa |
Possesses adequate working capital. No caution needed for credit
transaction. It has above average (strong) capability for payment of interest
and principal sums |
Large |
|
56-70 |
A |
Financial & operational base are regarded healthy. General
unfavourable factors will not cause fatal effect. Satisfactory capability for
payment of interest and principal sums |
Fairly Large |
|
41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
|
26-40 |
B |
Capability to overcome financial difficulties seems comparatively below
average. |
Small |
|
11-25 |
Ca |
Adverse factors are apparent. Repayment of interest and principal sums
in default or expected to be in default upon maturity |
Limited with
full security |
|
<10 |
C |
Absolute credit risk exists. Caution needed to be exercised |
Credit not
recommended |
|
-- |
NB |
New Business |
-- |
This score serves as a reference to assess SC’s
credit risk and to set the amount of credit to be extended. It is calculated
from a composite of weighted scores obtained from each of the major sections of
this report. The assessed factors and their relative weights (as indicated
through %) are as follows:
Financial
condition (40%) Ownership
background (20%) Payment
record (10%)
Credit history
(10%) Market trend (10%) Operational size
(10%)
This report is issued at your request without any
risk and responsibility on the part of MIRA INFORM PRIVATE LIMITED (MIPL)
or its officials.