|
Report No. : |
345977 |
|
Report Date : |
24.10.2015 |
IDENTIFICATION DETAILS
|
Name : |
CROP'S NV |
|
|
|
|
Registered Office : |
Oostrozebeeksestraat(O) 148 8710 Wielsbeke |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
30.06.2014 |
|
|
|
|
Date of Incorporation : |
09.09.1977 |
|
|
|
|
Com. Reg. No.: |
417502549 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Non-specialised wholesale of deepfrozen foods |
|
|
|
|
No. of Employees : |
212 |
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 budget deficit was 3.2% of GDP. Prime Minister Charles
MICHEL's center-right government has pledged to further reduce the deficit in
response to EU pressure to reduce Belgium's high public debt, which remains
above 100% of GDP, but such efforts could also dampen economic growth. In
addition to restrained public spending, low wage growth and high unemployment
promise to curtail a more robust recovery in private consumption. The
government has pledged to pursue a reform program to improve Belgium’s
competitiveness, including changes to tax policy, labor market rules, and
welfare benefits. These changes risk worsening tensions with trade unions and
triggering extended strikes.
|
Source : CIA |
|
Business number |
417502549 |
|
Branche Unit Number |
2029701937 |
|
Company name |
CROP'S NV |
|
Address |
OOSTROZEBEEKSESTRAAT(O)
148 8710 WIELSBEKE |
|
|
|
|
Number of staff |
212 |
|
Date of
establishment |
09/09/1977 |
|
Telephone number |
056676300 |
|
Fax number |
056663351 |
|
Company name |
Company Number |
|
CROP'S HOLDING NV |
860221635 |
The business was established over
38 years ago.
The business has 212 employees.
The business is part of a
group.
This business has a foreign
parent business.
The business has been at the
address for over 9 years.
Operating Result in the latest
trading period increased 24% on the
previous trading period.
The business saw an increase
in their Cash Balance of 263% during
the latest trading period.
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
30/06/2014 |
241,139,535 |
7,933,760 |
13,976,814 |
16,734,769 |
|
30/06/2013 |
226,509,592 |
7,183,132 |
11,762,340 |
6,686,272 |
|
30/06/2012 |
203,604,882 |
5,362,069 |
11,193,302 |
4,809,618 |
|
|
|
|
|
|
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
30/06/2014 |
80,319,580 |
212 |
125,000 |
7,299,324 |
|
30/06/2013 |
73,444,625 |
211 |
125,000 |
6,738,030 |
|
30/06/2012 |
73,709,479 |
198 |
125,000 |
5,687,094 |
Profitability
Liquidity
Net worth
|
Past payments |
|
Payment expectation
days |
69.81 |
|
Industry average
payment |
70.98 |
Industry average
day sales |
116.87 |
|
expectation days |
|
outstanding |
|
|
Day sales
outstanding |
65.40 |
|
|
BANKRUPTCY
DETAILS
|
Court action type |
no |
PROTESTED
BILLS
|
Bill amount |
- |
NSSO
DETAILS
|
Date of summons |
18/06/2007 |
|
Business number |
417502549 |
Company name |
CROP'S NV |
|
Fax number |
056663351 |
Date founded |
09/09/1977 |
|
Company status |
active |
Company type |
Public limited
company |
|
Currency |
Euro (€) |
Date of
latest accounts |
30/06/2014 |
|
Activity code |
46391 |
Liable for VAT |
yes |
|
Activity description |
Non-specialised
wholesale of deepfrozen foods |
VAT Number |
BE.0417.502.549
Check VAT number |
|
Belgian Bullettin
of Acts Publications |
moniteur belge |
|
|
Contractor
details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck
off register |
|
|
Personnel (NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint Industrial Committee (JIC) |
|
|
JIC Code |
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 |
02/02/2010 |
|
Event Description |
resignation-appointment
of director(s) |
|
Event Details |
Commentaar
02-02-2010: Ontslag van Karel Dewaele
BVBA en Jopa Consult BVBA als lid
van het |
|
|
directiecomité en
benoeming van Pieter Delbaere als lid
van het directiecomité. |
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
30-06-2014 |
% |
30-06-2013 |
% |
30-06-2012 |
% |
30-06-2011 |
% |
30-06-2010 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
7,716,380 |
13.08 |
6,823,985 |
-16.51 |
8,173,553 |
-4.87 |
8,592,430 |
7.27 |
8,010,439 |
|
Intangible fixed
assets |
78,185 |
-19.30 |
96,886 |
621 |
13,430 |
-7.20 |
14,471 |
-40.76 |
24,427 |
|
Tangible fixed
assets |
5,729,048 |
10.99 |
5,161,765 |
-6.31 |
5,509,228 |
-7.30 |
5,942,841 |
-2.16 |
6,073,916 |
|
Land & building |
2,911,023 |
2.32 |
2,844,955 |
-0.56 |
2,861,044 |
-0.59 |
2,878,095 |
-0.80 |
2,901,168 |
|
Plant &
machinery |
2,383,783 |
26.95 |
1,877,731 |
-10.65 |
2,101,519 |
-15.35 |
2,482,495 |
-0.97 |
2,506,829 |
|
Furniture &
Vehicles |
135,746 |
-2.97 |
139,905 |
-28.49 |
195,642 |
77.95 |
109,941 |
3.01 |
106,726 |
|
Leasing &
Other Similar Rights |
0 |
-100 |
99 |
-99 |
36,287 |
-69.87 |
120,434 |
-41.13 |
204,581 |
|
Other tangible
assets |
298,495 |
-0.19 |
299,075 |
-4.98 |
314,736 |
-10.55 |
351,876 |
-0.77 |
354,613 |
|
Financial fixed
assets |
1,909,147 |
21.96 |
1,565,334 |
-40.95 |
2,650,895 |
0.60 |
2,635,118 |
37.81 |
1,912,095 |
|
Total current
assets |
72,603,200 |
8.98 |
66,620,640 |
1.66 |
65,535,926 |
20.43 |
54,420,314 |
23.59 |
44,032,480 |
|
Inventories |
21,269,674 |
13.42 |
18,753,198 |
-6.49 |
20,054,516 |
24.42 |
16,117,957 |
21.63 |
13,252,057 |
|
Raw materials
& consumables |
643,199 |
-4.52 |
673,642 |
-13.58 |
779,507 |
18.46 |
658,044 |
-15.66 |
780,202 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
20,626,475 |
14.09 |
18,079,556 |
-6.20 |
19,275,009 |
24.68 |
15,459,913 |
23.96 |
12,471,855 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
43,203,628 |
8.84 |
39,694,741 |
0.77 |
39,390,120 |
16.32 |
33,864,680 |
34.46 |
25,185,306 |
|
Other amounts
receivable |
4,344,579 |
-1.73 |
4,421,032 |
43.55 |
3,079,753 |
126 |
1,356,859 |
-12.96 |
1,558,808 |
|
Cash |
3,225,701 |
263 |
888,285 |
307 |
218,236 |
-92.22 |
2,804,593 |
-24.95 |
3,737,135 |
|
Miscellaneous
current assets |
559,618 |
-80.46 |
2,863,384 |
2.51 |
2,793,302 |
911 |
276,225 |
-7.67 |
299,174 |
|
Total Assets |
80,319,580 |
9.36 |
73,444,625 |
-0.36 |
73,709,479 |
16.98 |
63,012,744 |
21.08 |
52,042,919 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders
equity |
14,054,999 |
18.52 |
11,859,225 |
5.82 |
11,206,732 |
4.84 |
10,689,202 |
23.05 |
8,687,100 |
|
Issued share
capital |
125,000 |
0 |
125,000 |
0 |
125,000 |
0 |
125,000 |
0 |
125,000 |
|
Share premium
account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
3,208,066 |
0 |
3,208,066 |
0.00 |
3,208,066 |
0.00 |
3,208,066 |
0 |
3,208,066 |
|
Reserves |
10,721,933 |
25.75 |
8,526,159 |
8.29 |
7,873,666 |
7.04 |
7,356,136 |
37.39 |
5,354,035 |
|
Provisions for
Liabilities & |
2,164,005 |
41.47 |
1,529,604 |
96.23 |
779,498 |
-11.48 |
880,619 |
-30.19 |
1,261,385 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
64,100,576 |
6.74 |
60,055,795 |
-2.70 |
61,723,249 |
19.98 |
51,442,923 |
22.21 |
42,094,433 |
|
Other long
term loans |
8,232,145 |
6679 |
121,427 |
-87.82 |
996,941 |
-56.49 |
2,291,550 |
-51.28 |
4,703,968 |
|
Long term
group loans |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Other long
term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long
term debts |
10,396,150 |
529 |
1,651,031 |
-7.06 |
1,776,439 |
-44.00 |
3,172,169 |
-46.82 |
5,965,353 |
|
Current portion
of long term |
1,977,211 |
14.18 |
1,731,645 |
-19.79 |
2,158,924 |
-11.60 |
2,442,212 |
50.33 |
1,624,588 |
|
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
0 |
-100 |
11,050,000 |
6.10 |
10,415,000 |
96.14 |
5,310,000 |
10491897 |
51 |
|
Trade creditors |
44,320,340 |
13.38 |
39,091,694 |
-0.82 |
39,416,165 |
14.05 |
34,559,375 |
20.19 |
28,754,192 |
|
Amounts Payable
for Taxes, |
3,476,710 |
28.58 |
2,703,950 |
-22.40 |
3,484,459 |
34.14 |
2,597,560 |
-19.21 |
3,215,233 |
|
Remuneration &
Social |
|
|
|
|
|
|
|
|
|
|
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous
current liabilities |
6,094,170 |
13.76 |
5,357,079 |
2.01 |
5,251,760 |
23.80 |
4,242,226 |
11.74 |
3,796,402 |
|
Total current
liabilities |
55,868,431 |
-6.78 |
59,934,368 |
-1.30 |
60,726,308 |
23.55 |
49,151,373 |
31.45 |
37,390,466 |
|
Total Liabilities |
80,319,580 |
9.36 |
73,444,625 |
-0.36 |
73,709,479 |
16.98 |
63,012,744 |
21.08 |
52,042,919 |
|
Ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
3.29 |
3.79 |
3.17 |
20.53 |
2.63 |
-16.77 |
3.16 |
4.29 |
3.03 |
|
Return on
capital employed |
32.45 |
-38.97 |
53.17 |
28.74 |
41.30 |
4.53 |
39.51 |
28.99 |
30.63 |
|
Return on
total assets employed |
9.88 |
1.02 |
9.78 |
34.53 |
7.27 |
-16.34 |
8.69 |
0.81 |
8.62 |
|
Return on net
assets employed |
56.45 |
-6.80 |
60.57 |
26.58 |
47.85 |
-6.60 |
51.23 |
-0.85 |
51.67 |
|
Sales / net
working capital |
14.41 |
-57.47 |
33.88 |
-19.96 |
42.33 |
28.62 |
32.91 |
47.78 |
22.27 |
|
Stock turnover
ratio |
8.82 |
6.52 |
8.28 |
-15.94 |
9.85 |
5.91 |
9.30 |
3.79 |
8.96 |
|
Creditor days |
69.81 |
7.12 |
65.17 |
-10.64 |
72.93 |
-3.33 |
75.44 |
1.90 |
74.03 |
|
Debtor days |
65.40 |
2.25 |
63.96 |
-9.42 |
70.61 |
-0.95 |
71.29 |
14.72 |
62.14 |
|
Current ratio |
1.30 |
17.12 |
1.11 |
2.78 |
1.08 |
-2.70 |
1.11 |
-5.93 |
1.18 |
|
Liquidity ratio
/ acid ratio |
0.92 |
15.00 |
0.80 |
6.67 |
0.75 |
-3.85 |
0.78 |
-4.88 |
0.82 |
|
Current debt ratio |
3.97 |
-21.39 |
5.05 |
-6.83 |
5.42 |
17.83 |
4.60 |
6.98 |
4.30 |
|
Liquidity ratio
reprocessed |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Cashflow |
7,299,324 |
8.33 |
6,738,030 |
18.48 |
5,687,094 |
-1.05 |
5,747,705 |
12.09 |
5,127,792 |
|
Net worth |
13,976,814 |
18.83 |
11,762,340 |
5.08 |
11,193,302 |
4.86 |
10,674,731 |
23.23 |
8,662,673 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
72.64 |
-33.24 |
108.80 |
-10.16 |
121.10 |
28.88 |
93.96 |
28.98 |
72.85 |
|
Equity in
percentage |
17.52 |
8.35 |
16.17 |
6.31 |
15.21 |
-10.37 |
16.97 |
1.62 |
16.70 |
|
Total debt ratio |
4.71 |
-9.25 |
5.19 |
-6.99 |
5.58 |
14.11 |
4.89 |
-2.00 |
4.99 |
|
Working capital |
16,734,769 |
150 |
6,686,272 |
39.02 |
4,809,618 |
-8.72 |
5,268,941 |
-20.67 |
6,642,014 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
243,598,462 |
6.57 |
228,575,829 |
11.16 |
205,625,138 |
17.53 |
174,959,472 |
17.23 |
149,244,110 |
|
Turnover |
241,139,535 |
6.46 |
226,509,592 |
11.25 |
203,604,882 |
17.43 |
173,382,251 |
17.21 |
147,923,282 |
|
Total operating
expenses |
231,722,052 |
5.83 |
218,954,785 |
10.99 |
197,272,980 |
17.98 |
167,203,209 |
17.93 |
141,777,495 |
|
Gross Operating
Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
234,180,979 |
5.95 |
221,021,022 |
10.90 |
199,293,236 |
18.08 |
168,780,430 |
17.95 |
143,098,323 |
|
Employee costs |
12,966,451 |
6.27 |
12,201,448 |
10.50 |
11,042,101 |
5.94 |
10,422,638 |
4.84 |
9,941,417 |
|
Wages and salary |
8,793,797 |
6.20 |
8,280,767 |
13.76 |
7,279,024 |
8.60 |
6,702,503 |
6.25 |
6,308,396 |
|
Employee pension
costs |
1,595 |
37.89 |
1,157 |
1.28 |
1,142 |
309 |
279 |
-84.36 |
1,785 |
|
Social security |
3,647,568 |
5.69 |
3,451,211 |
8.78 |
3,172,772 |
7.38 |
2,954,624 |
5.59 |
2,798,323 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee
costs |
523,491 |
11.78 |
468,313 |
-20.51 |
589,163 |
-23.01 |
765,232 |
-8.13 |
832,913 |
|
Director remuneration |
939,607 |
0.61 |
933,920 |
-2.57 |
958,519 |
45.23 |
660,000 |
- |
- |
|
Amortization and |
1,617,295 |
5.87 |
1,527,571 |
-8.50 |
1,669,564 |
-9.54 |
1,845,603 |
-11.91 |
2,095,238 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
9,417,483 |
24.66 |
7,554,807 |
19.31 |
6,331,902 |
2.47 |
6,179,042 |
0.54 |
6,145,788 |
|
Total financial
income |
132,144 |
-77.80 |
595,370 |
3655 |
15,853 |
-98.41 |
999,808 |
341 |
226,319 |
|
Total financial
expenses |
1,615,867 |
67.09 |
967,045 |
-1.89 |
985,686 |
-42.11 |
1,702,751 |
-9.60 |
1,883,574 |
|
Results on ordinary |
7,933,760 |
10.45 |
7,183,132 |
33.96 |
5,362,069 |
-2.08 |
5,476,099 |
22.00 |
4,488,533 |
|
operations before
taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
1,554 |
-95.56 |
35,000 |
-59.62 |
86,686 |
|
Extraordinary Charges |
- |
- |
- |
- |
1,196 |
13.36 |
1,055 |
157 |
410 |
|
Extraordinary items |
- |
- |
0 |
-100 |
358 |
-98.95 |
33,945 |
-60.66 |
86,276 |
|
Results for
the Year Before Taxation |
7,933,760 |
10.45 |
7,183,132 |
33.95 |
5,362,427 |
-2.68 |
5,510,044 |
20.44 |
4,574,809 |
|
Other appropriations |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Taxation |
2,251,731 |
14.15 |
1,972,673 |
46.68 |
1,344,898 |
-16.36 |
1,607,942 |
4.19 |
1,543,272 |
|
Results on ordinary |
5,682,029 |
9.05 |
5,210,459 |
29.70 |
4,017,171 |
3.85 |
3,868,157 |
31.33 |
2,945,261 |
|
operations after
taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
5,682,029 |
9.05 |
5,210,459 |
29.69 |
4,017,530 |
2.96 |
3,902,102 |
28.67 |
3,032,554 |
|
Profit (Loss)
for the Year to be appropiated |
5,682,029 |
9.05 |
5,210,459 |
29.69 |
4,017,530 |
2.96 |
3,902,102 |
28.59 |
3,034,527 |
|
Dividends |
1,986,255 |
-35.05 |
3,057,966 |
52.90 |
2,000,000 |
100 |
1,000,000 |
0 |
1,000,000 |
|
Social Balance Sheet Details |
|
|
Social Balance Sheet |
Total |
|
During the
reporting year |
|
|
ended 30-06-2014 |
|
|
Full-time Employees |
196 |
|
Part-time Employees |
20 |
|
Total Fte Employees |
212 |
|
Number of
hours worked |
|
|
Full-time Employees |
319,767 |
|
Part-time Employees |
26,286 |
|
Total |
346,053 |
|
Personnel Charges |
|
|
Full-time Employees |
11,981,526 |
|
Part-time Employees |
984,925 |
|
Total |
12,966,451 |
|
Benefits In
Addition To Wages |
- |
|
During the
previous reporting year |
|
|
Average number
employees in Fte |
205 |
|
Actual working
hours |
343,189 |
|
Personnel Charges |
12,201,448 |
|
Benefits In
Addition To Wages |
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
196 |
21 |
212 |
|
Contracts |
|
|
|
|
Limited Duration
Contracts |
- |
- |
- |
|
Contracts For
Specific Work |
- |
- |
- |
|
Contracts Regarding
Substitution |
- |
- |
- |
Gender
and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
6 |
- |
6 |
|
Secondairy education |
118 |
2 |
120 |
|
Higher education
(non university) |
18 |
1 |
19 |
|
Higher education
(university) |
14 |
- |
14 |
|
|
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
1 |
1 |
|
Secondairy education |
12 |
6 |
17 |
|
Higher education
(non university) |
6 |
7 |
12 |
|
Higher education
(university) |
22 |
4 |
25 |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
63 |
12 |
72 |
|
Blue collar worker |
133 |
9 |
140 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number
of temporary staff |
|
63 |
|
|
Actual working
hours |
|
110,756 |
|
|
Cost of
temporary staff |
|
3,193,994 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
21 |
3 |
23 |
|
Leavers |
21 |
1 |
22 |
|
Total of formal continuing
vocational training initiatives |
|
|
|
for workers paid by the employer |
Male |
Female |
|
Number of employees |
207 |
31 |
|
Number of
training hours |
3,773 |
3,848 |
|
Net costs for
enterprise |
175,690 |
99,821 |
|
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 |
- |
- |
|
Activity code |
46391 |
|
Activity description |
Non-specialised
wholesale of deepfrozen foods |
|
Payment Information
Summary |
|
|
Total number
of Invoices available |
898 |
|
Total number
of Invoices paid within or up to
30 days after the due date |
597 |
|
Total number
of Invoices paid more than 30 days
after the due date |
204 |
|
Total number
of Invoices currently outstanding where
the due date has not yet been
reached |
14 |
|
Total number
of Invoices currently outstanding beyond
the due date |
83 |
|
Suspension of payments /
moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
|
|
|
Payment expectations |
|
|
Payment expectation
days |
69.81 |
|
Day sales
outstanding |
65.40 |
|
|
|
|
Industry comparison |
|
|
Activity code |
46391 |
|
Activity description |
Non-specialised
wholesale of deepfrozen foods |
|
Industry average
payment expectation days |
70.98 |
|
Industry average
day sales outstanding |
116.87 |
Industry
quartile analysis Payment expectations
|
Company result |
69.81 |
|
Lower |
82.67 |
|
Median |
42.86 |
|
Upper |
16.69 |
|
Day sales outstanding |
|
|
Company result |
65.40 |
|
Lower |
72.65 |
|
Median |
47.65 |
|
Upper |
27.20 |
|
Summary |
|
|
Group -
Number of Companies |
5 |
|
Linkages -
Number of Companies |
3 |
|
Number of Countries |
2 |
|
Group Structure |
|
|
|
|
Company name |
|
Number |
Latest |
|
|
|
|
financials |
|
- CROP'S HOLDING NV |
|
860221635 |
30-06-2014 |
|
- - CROP'S NV |
|
417502549 |
30-06-2014 |
|
- - - ARDOFROST |
|
|
|
|
- - - MDC FOODS
LTD SOC.ETR. E.P.B. |
|
|
|
|
- - CROP'S &
PARTNERS SA |
|
|
|
Minority
Shareholders
No minority shareholders found
Minority
Interests
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
TROPIFROST SOC.ETR.
E.P.B. |
10 |
- |
Companies
that match this address
no Companies Match this address
Summary
|
Group -
Number of Companies |
5 |
|
Linkages -
Number of Companies |
3 |
|
Number of Countries |
2 |
|
Linked Companies |
|
|
|
|
|
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
||
|
|
|
FINANCIALS |
|
||
|
|
|
|
|
||
|
HESBAYEFROST SA |
427405457 |
31.12.2013 |
€108.060.223 |
||
|
HESBAYE IMMO SA |
849190260 |
31.12.2013 |
- |
||
|
M D C
FOODS LIMITED |
02368785 |
30.06.2014 |
£59.089.654 |
||
|
Legal event type |
Social Security
Summons |
|
|
Event date |
18/06/2007 |
|
|
Court type |
Court name |
Roeselare |
|
Creditor's name |
3rd party type |
|
|
|
|
|
|
Legal event type |
Social Security
Summons |
|
|
Event date |
16/04/2007 |
|
|
Court type |
Court name |
Kortrijk |
|
Creditor's name |
3rd party type |
|
There is no data for this
company
There is no data for this
company
Current director details
|
Position |
Director |
|
Start Date |
11/12/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
EXCELSUS NV |
|
Name |
MADDENS CONSULTING
BVBA |
|
Position |
Director |
|
Start Date |
28/09/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Position |
Member of the
executive committee |
|
Start Date |
28/09/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
KANMA BVBA |
|
Position |
Director |
|
Start Date |
01/07/2006 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
LOUIS VERBEKE
BV BVBA |
|
Position |
Director |
|
Start Date |
01/10/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Matthieu Boone |
|
Position |
Permanent
representative legal entity |
|
Start Date |
11/12/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Frank Vanhauwaert |
|
Position |
Permanent
representative legal entity |
|
Start Date |
01/08/2009 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Maarten Maddens |
|
Position |
Permanent
representative legal entity |
|
Start Date |
28/09/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Karel Gielen |
|
Position |
Permanent
representative legal entity |
|
Start Date |
01/07/2006 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Louis Verbeke |
|
Position |
Permanent
representative legal entity |
|
Start Date |
01/10/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Michel Delbaere |
|
Position |
Permanent
representative legal entity |
|
Start Date |
29/10/2003 |
|
Date of birth |
05/02/1953 |
|
Street |
187 GROTE HEERWEG
WAREGEM |
|
Post code |
8791 |
|
Country |
Belgium |
|
|
|
|
Position |
Member of the
executive committee |
|
Start Date |
17/07/2004 |
|
Date of birth |
05/02/1953 |
|
Street |
187 GROTE HEERWEG
WAREGEM |
|
Post code |
8791 |
|
Country |
Belgium |
|
|
|
|
Name |
Caroline Vanden
Avenne |
|
Position |
Permanent
representative legal entity |
|
Start Date |
29/10/2003 |
|
Date of birth |
05/02/1955 |
|
Street |
187 GROTE HEERWEG
WAREGEM |
|
Post code |
8791 |
|
Country |
Belgium |
|
|
|
|
Name |
DE POTTERIE BVBA |
|
Position |
Person responsible
for day-to-day management |
|
Start Date |
29/10/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
CROP'S HOLDING NV |
|
Position |
Person responsible
for day-to-day management |
|
Start Date |
29/10/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Pieter Delbaere |
|
Position |
Member of the
executive committee |
|
Start Date |
02/02/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
COOL FOOD
SOLUTIONS BVBA |
|
Position |
Member of the
executive committee |
|
Start Date |
01/08/2009 |
|
Street |
|
|
Post code |
|
|
Country |
|
Former
director details
|
Name |
LEMON |
|
Position |
Director |
|
Start Date |
11/04/2008 |
|
End Date |
11/12/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Jules Noten |
|
Position |
Permanent
representative legal entity |
|
Start Date |
11/04/2008 |
|
End Date |
11/12/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Pascale Hendrickx |
|
Position |
Permanent
representative legal entity |
|
Start Date |
01/08/2009 |
|
End Date |
12/05/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
Johan Debuf |
|
Position |
Permanent
representative legal entity |
|
Start Date |
28/09/2007 |
|
End Date |
02/02/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
MANIBO |
|
Position |
Member of the
executive committee |
|
Start Date |
01/08/2009 |
|
End Date |
12/05/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
|
|
|
Name |
JOPA CONSULT BVBA |
|
Position |
Member of the
executive committee |
|
Start Date |
28/09/2007 |
|
End Date |
02/02/2010 |
|
Street |
|
|
Post code |
|
|
Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian
Rupees |
|
US Dollar |
1 |
Rs.64.88 |
|
UK Pound |
1 |
Rs.99.89 |
|
Euro |
1 |
Rs.72.06 |
INFORMATION DETAILS
|
Analysis
Done by : |
RAS |
|
|
|
|
Report
Prepared by : |
TRU |
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.