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Report No. : |
346920 |
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Report Date : |
27.10.2015 |
IDENTIFICATION DETAILS
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Name : |
CRDB LATINA BVBA |
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Registered Office : |
Vlamingstraat 14 8560 Wevelgem |
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Country : |
Belgium |
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Date of Incorporation : |
22.06.2015 |
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Com. Reg. No.: |
632637562 |
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Legal Form : |
Private limited liability company |
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Line of Business : |
Manufacture of builders' ware of plastic |
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No. of Employee : |
Not Available |
RATING & COMMENTS
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MIRA’s Rating : |
NB |
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RATING |
STATUS |
PROPOSED CREDIT LINE |
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|
-- |
NB |
New Business |
-- |
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Status : |
New business |
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Payment Behaviour : |
Unknown |
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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 |
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Moderate |
B1 |
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High |
B2 |
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Very High |
C1 |
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Restricted |
C2 |
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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 |
In absence of financials, no credit limit could be recommended.
Business number 632637562
Company name CRDB
LATINA BVBA
Address VLAMINGSTRAAT
14
8560 WEVELGEM
Date of establishment 22/06/2015
Telephone number --
Fax number --
The business was established over 4 months ago.
Newly established businesses are proven to be more of an insolvency risk than more established businesses.
No employees are recorded for this business.
The business has been at the address for over 4 months.
The business has been at the address for less than 6 months.
There has been no significant change in the business's credit limit.
No key Financials Registered
Profitability --
Liquidity --
Net worth --
|
Past payments |
|
Payment expectation days |
- |
|
Industry average payment |
177.14 |
Industry average day sales |
78.42 |
|
expectation days |
|
outstanding |
|
BANKRUPTCY
DETAILS
Court action type No
PROTESTED
BILLS
Bill amount --
NSSO
DETAILS
Date of summons –
|
Business number |
632637562 |
Company name |
CRDB LATINA BVBA |
|
Fax number |
- |
Date founded |
22/06/2015 |
|
Company status |
active |
Company type |
Private limited liability |
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|
|
|
company |
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Currency |
Euro (€) |
Date of latest accounts |
- |
|
Activity code |
22230 |
Liable for VAT |
no |
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Activity description |
Manufacture of builders' ware of plastic |
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|
|
Belgian Bullettin of Acts Publications |
moniteur belge |
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Registered contractor |
- |
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number |
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Contractor description |
- |
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Date struck off register |
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PERSONNEL
(NSSO CLASSIFICATION) |
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|
Code |
- |
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Description |
- |
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JOINT INDUSTRIAL COMMITTEE (JIC) --- |
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SIGNIFICANT EVENTS |
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Event Date |
22/06/2015 |
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Event Description |
Legal creation |
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Event Details |
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Annual
accounts
There is no data for this company
------
Activity
code 22230
Activity
description Manufacture of builders'
ware of plastic
industry
average credit
rating 67.36
Industry
average credit limit 124534.01
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SUSPENSION
OF PAYMENTS / MORATORIUM HISTORY |
|
|
Amount |
- |
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Details |
- |
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PAYMENT
EXPECTATIONS |
|
|
Payment expectation days |
- |
|
Day sales outstanding |
- |
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INDUSTRY
COMPARISON |
|
|
Activity code |
22230 |
|
Activity description |
Manufacture of builders' ware of plastic |
|
Industry average payment |
177.14 |
|
expectation days |
|
|
Industry average day sales |
78.42 |
|
outstanding |
|
|
PAYMENT
EXPECTATIONS |
|
|
Company result |
- |
|
Lower |
63.76 |
|
Median |
35.12 |
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Upper |
25.10 |
DAY
SALES OUTSTANDING
|
Company result |
- |
|
Lower |
82.55 |
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Median |
57.72 |
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Upper |
35.33 |
SUMMARY
Group
- Number of Companies 0
Linkages
- Number of Companies 0
Number
of Countries 0
GROUP
STRUCTURE
No
group structure for this company.
MINORITY
SHAREHOLDERS
No
minority shareholders found
MINORITY
INTERESTS
No
minority interests found
SUMMARY
Group
- Number of Companies 0
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
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Position |
Permanent representative legal entity |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
Hannes Baekelandt |
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Name |
Steven Derez |
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Position |
Permanent representative legal entity |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
Pieter Derez |
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Position |
Permanent representative legal entity |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
GERARDO TORRES SEPTIEN NOVOA |
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Position |
Manager |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
R.D.S. NV |
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Position |
Manager |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
FEDERICO SCHARRER TAMM |
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Position |
Manager |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
STROBAEKCO |
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Position |
Manager |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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Name |
DERMACO NV |
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Position |
Manager |
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Start Date |
22/06/2015 |
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Street |
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Post code |
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Country |
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FORMER DIRECTOR
DETAILS
-----
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
Rs.64.96 |
|
|
1 |
Rs.99.55 |
|
Euro |
1 |
Rs.71.64 |
INFORMATION DETAILS
|
Analysis Done by
: |
KAS |
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|
|
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Report Prepared
by : |
ANK |
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 |
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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 |
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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 |
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41-55 |
Ba |
Overall operation is considered normal. Capable to meet normal
commitments. |
Satisfactory |
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26-40 |
B |
Capability to overcome financial difficulties seems comparatively
below average. |
Small |
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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.