|
|
|
MIRA
INFORM REPORT
|
Report No. : |
502785 |
|
Report Date : |
06.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
EURODIF |
|
|
|
|
Registered Office : |
Eurodif, 24 Rue Du Sentier, 75002 Paris 2 |
|
|
|
|
Country : |
France |
|
|
|
|
Financials (as on) : |
31.12.2015 |
|
|
|
|
Date of Incorporation : |
August1996 |
|
|
|
|
Legal Form : |
Simplified joint stock company |
|
|
|
|
Line of Business : |
Retail sale of clothing in specialized stores |
|
|
|
|
No. of Employees : |
1 000 to 1 999 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
|
MIRA’s Rating : |
B |
|
Credit Rating |
Explanation |
Rating Comments |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
Status : |
Moderate |
|
|
|
|
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
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
France |
A1 |
A1 |
|
Risk Category |
ECGC
Classification |
|
Insignificant |
A1 |
|
Low Risk |
A2 |
|
Moderately Low Risk |
B1 |
|
Moderate Risk |
B2 |
|
Moderately High Risk |
C1 |
|
High Risk |
C2 |
|
Very High Risk |
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. France is the most visited country in the world with 83 million foreign tourists in 2016, including 530,000 visitors for the 2016 Euro Cup. 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 grew by 1.6% in 2017, up from 1.2% the year before. The unemployment rate (including overseas territories) increased from 7.8% in 2008 to 10.2% in 2015, before falling to 9.5% in 2017. Youth unemployment in metropolitan France decreased from 24.6% in the fourth quarter of 2014 to 24% in the fourth quarter of 2016.
France’s public finances have historically been strained by high spending and low growth. Despite measures to restore public finances, the budget deficit rose from 3.3% of GDP in 2008 to 7.5% of GDP in 2009. In 2017, the budget deficit improved to 2.9% of GDP, bringing it in compliance with the EU-mandated 3% deficit target. Meanwhile, France's public debt rose from 89.5% of GDP in 2012 to 96.9% in 2017.
Since entering office in May 2017, President Emmanuel MACRON launched a series of economic reforms to improve competitiveness and boost economic growth. President MACRON campaigned on reforming France’s labor code and in late 2017 implemented a range of reforms to increase flexibility in the labor market by making it easier for firms to hire and fire and simplifying negotiations between employers and employees. In addition to labor reforms, President MACRON’s proposed 2018 budget cuts public spending, taxes, and social security contributions to spur private investment and increase purchasing power
|
Source
: CIA |
Company name and address
|
SIRET
|
408
772 101 01120 |
||
|
Name
|
EURODIF
|
||
|
Acronym
|
-
|
||
|
Trade
name |
EURODIF-BOUCHARA
|
||
|
Status
|
Economically
active |
||
|
Postal
Address |
EURODIF |
||
|
Share
Capital |
89,794,955
Euros |
||
|
Telephone
|
01
44 82 10 10 |
||
|
Activity
(APE) |
Retail
sale of clothing in specialized stores(4771Z) |
RCS
Registration |
RCS
Paris B 408 772 101 |
|
Formation
Date |
08/1996
|
EUR
VAT Number |
FR23408772101
|
|
Deregistration
Date |
-
|
Last
account Date |
31/12/2015
|
|
Court
Registry Number |
19
9 6B12039 |
Incorporiation
Date |
09/1996
|
|
Registration
Court |
Paris
(75) |
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
|
|
31/12/2015
|
153,951,280
€ |
1.14%
Turnover |
57,789,306
€ |
-5,799,818
€ |
1
000 to 1 999 employees |
|
31/12/2014
|
160,090,683
€ |
-3.18%
Turnover |
63,589,125
€ |
-11,096,035
€ |
1339
employees |
|
31/12/2013
|
159,554,230
€ |
-4.53%
Turnover |
74,685,161
€ |
-17,322,083
€ |
1416
employees |
Directors
|
Current
Directors |
3 |
Ultimate Holding Company
|
Name |
Country |
Company
Number |
|
OMNIUM
DE PARTICIPATIONS |
311177646 |
|
Judgment
and Preferential
|
Judgment
|
No
judgement |
||
|
Preferential
Right |
No
social security and tax office preferential right to date |
Establishment Details
|
Type
of Establishment |
Head Office |
Production
Role |
- |
|
APE/NAF
Code |
4771Z |
Activity |
Retail
sale of clothing in specialized stores |
|
Formation
Date |
11/2013 |
Reason
for Formation |
Formation |
|
Closure
Date |
- |
Reason
for Closure |
- |
|
Reactivation
Date |
- |
Seasonality |
- |
|
Activity
Nature |
- |
Activity
Location |
- |
|
Trading
Address |
24
RUE DU SENTIER |
Department |
Paris
(75) |
|
Location
Surface |
- |
District |
1 |
|
City |
PARIS
2 |
Status |
Economically
active |
|
Business
Pages FT® |
GROUPEMENTS
D'ACHATS |
Region |
Ile-de-France |
|
Area |
- |
||
|
Size
of Urban Area |
Paris
conglomeration |
Ultimate
Parent(s)
1
ultimate parent company/companies for this company
|
Company
Name |
Activity
(APE) |
APE/NAF
Code |
City |
Post
Code |
|
OMNIUM
DE PARTICIPATIONS |
Gestion
de fonds |
6630Z |
PARIS
2 |
75002 |
Other
Establishment(s)
|
Regionality |
Legal
unit with multiple establishments in many areas but no one grouping more than
50% of workforce |
|
Mono-activity
status |
Legal
unit with multiple establishments having main activities in many divisions,
which one activity grouping from 80 to 99% of workforce |
|
Branches |
80
branch entities in this company |
|
Company
Name |
Company
Type |
APE/NAF
Code |
Activity |
City |
Post
Code |
|
EURODIF |
Head
Office |
4771Z |
Retail
sale of clothing in specialized stores |
PARIS
2 |
75002 |
|
EURODIF |
Branch |
4771Z |
Retail
sale of clothing in specialized stores |
MOULINS |
03000 |
|
EURODIF |
Branch |
4771Z |
Retail
sale of clothing in specialized stores |
LAVAU |
10150 |
|
EURODIF |
Branch |
4771Z |
Retail
sale of clothing in specialized stores |
LA
CHAPELLE SAINT LUC |
10600 |
|
EURODIF |
Branch |
4771Z |
Retail
sale of clothing in specialized stores |
ANGOULEME |
16000 |
Workforces
|
Workforce
at address |
100
to 199 employees |
Company
workforce |
1
000 to 1 999 employees |
|
|
|
Workforce
account |
Workforce
unknown |
|
|
|
31/12/2015 |
|
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
company has 3 directors |
|
|
The
increase of tangible fixed assets over the last two accounting periods is 14
% |
|
|
The
total assets are 158,382,251 € |
|
|
The
shareholder's equity is 57,789,306 € |
|
|
The
risk provisions are 3,445,576 € |
|
|
The
liabilities are 97,147,372 € |
|
|
The
net current assets are 49,957,843 € |
|
|
Low
risk workforce size |
|
|
The
net turnover is 153,951,280 € |
|
|
The
ratio total assets to total liabilities is 1.57 |
|
|
The
sales to current assets ratio is 3.08 |
|
|
The
creditor days are 68.91 |
|
|
The
pre-tax profit is -5,822,819 € |
|
|
The
stock to turnover ratio is 26.13 |
|
|
The
return on total assets employed is -4 |
|
|
The
increase in the gearing percentage over the last two accounting periods is 42
% |
Industry
comparison
|
Activity
(APE) |
Retail
sale of clothing in specialized stores (4771Z) |
Collective procedures
|
No
judgment information for the company |
|
Company
monitored since |
17/09/2007 |
||
|
Status
of Monitoring |
No
social security and tax office preferential right to date |
||
Preferential rights details and history
Summary
of preferential rights
|
Company
monitored since |
17/09/2007 |
||
|
Status
of Monitoring |
No
social security and tax office preferential right to date |
||
Group Data
|
Ultimate
parent company |
OMNIUM
DE PARTICIPATIONS |
|
|
Direct
parent |
OMNIUM
DE PARTICIPATIONS - 100 % |
|
|
Group
– Number of companies |
8 |
|
|
Linkages
– Number of companies |
||
|
Number
of countries |
||
|
|
Name |
SIREN |
Parts |
Last account published |
|
1
|
OMNIUM
DE PARTICIPATIONS |
311177646
|
-
|
31/12/2016
|
|
2
|
BURTON
|
318148467
|
98.86
% |
31/12/2014
|
|
2
|
OMNIUM
DU LIVRE |
572054351
|
100
% |
31/12/2016
|
|
3
|
J.R.J.
|
339708794
|
12.50
% |
-
|
|
MAXILIVRACTION
|
-
|
100
% |
-
|
|
|
SOCIETE
ORGANISATION ET ADMINISTRATION |
311902126
|
100
% |
31/12/2016
|
|
|
BREST'AIM
|
311294904
|
1.44
% |
31/12/2016
|
|
|
DEVRED
|
342948965
|
99.06
% |
31/12/2014
|
|
|
EURODIF
|
408772101
|
100
% |
31/12/2015
|
|
|
MANACODE
|
508393964
|
77.39
% |
31/12/2016
|
|
|
MANACODE
2 |
789559374
|
25.35
% |
31/12/2016
|
Linkages
|
No
Linkages information available for the company. |
Director(s)
|
Name |
BUFFARD
CLAUDE |
|||
|
Manager
position |
President |
Date
of birth |
15/11/1949 |
|
|
Place
of birth |
THÔNES |
|||
|
Type |
Individual |
Name
at birth |
||
Statutory
Auditor
|
Name |
KPMG
S.A. |
|||
|
Name
of representative |
||||
|
Manager
position |
Statutory
auditor |
Date
of birth |
- |
|
|
Place
of birth |
||||
|
Type |
Moral
person |
Name
at birth |
||
|
Name |
KPMG
AUDIT OUEST |
|||
|
Name
of representative |
||||
|
Manager
position |
Deputy
auditor |
Date
of birth |
- |
|
|
Place
of birth |
||||
|
Type |
Moral
person |
Name
at birth |
||
Previous Directors
View
the directors history for this company
If you want to view the directors history, please click on the link view
details.
|
Manager
position |
Title
and name |
Date
of Birth/Place of Birth |
|
President |
Mme.
BOIS ANNIE |
07/10/1954
- ROUEN (76000) |
|
President |
Mme.
BOIS ANNIE |
07/10/1954
- ROUEN (76000) |
|
President |
M.
BUFFARD CLAUDE |
15/11/1949
- THÔNES (74230) |
|
President |
Mme.
REYNOLDS JOHANNA |
28/03/1952
- CUIJK(PAYS-BAS) |
|
President |
MME.
REYNOLDS JOHANNA |
28/03/1952
- CUIJK HOLLANDE |
|
President |
Mme.
REYNOLDS JOHANNA |
28/03/1952
- CUIJK(PAYS-BAS) |
|
President |
SOCIETE
D'ORGANISATION ET D'ADMINISTRATION |
21/11/1946
- VERTOLAYE |
Status
history
|
No
Status History |
Recent publications in Gazettes
|
Publication
date |
Gazette
Name |
Description
|
|
|
|
17/11/2016
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 8673
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 24 rue du Sentier 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2015. |
|||
|
|
07/12/2015
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1744
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 24 rue du Sentier 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2014. |
|||
|
|
14/11/2014
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 4150
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 24 rue du Sentier 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2013. |
|||
|
|
14/04/2014
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 9948
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 24 rue du Sentier 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2012. |
|||
|
|
12/12/2013
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1025
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : Président partant : Drauge, nom d'usage :
Bois, Annie. Capital : 89794955 EUR. Activité : . |
|||
|
|
24/11/2013
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1153
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : Commissaire aux comptes titulaire partant
: EXCO BRETAGNE A B O, Commissaire aux comptes suppléant partant : Olivier,
Christophe. Capital : 89794955 EUR. Activité : . |
|||
|
|
01/11/2013
|
JAL
|
Resignation
/ Revocation of the social representative |
|
Petites
affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de
la France
|
|||
|
|
01/11/2013
|
JAL
|
Appointment
of the social representative |
|
Petites
affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de
la France
|
|||
|
|
08/08/2013
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 844
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : nomination du Commissaire aux comptes
titulaire : KPMG S.A., nomination du Commissaire aux comptes suppléant : KPMG
AUDIT OUEST. Capital : 89794955 EUR. Activité : . |
|||
|
|
08/09/2012
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 6644
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 24 rue du Sentier 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2011. |
|||
|
|
06/04/2011
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1727
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : Président partant : Bueters, nom d'usage
: Reynolds, Johanna, nomination du Président : Drauge, nom d'usage : Bois,
Annie. Capital : 89794955 EUR. Activité : . |
|||
|
|
28/02/2011
|
JAL
|
Resignation
/ Revocation of the social representative |
|
Petites
affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de
la France
|
|||
|
|
16/11/2010
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 841
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Capital : 89794955 EUR. Adresse de l’établissement
principal : 24 rue du Sentier, 75002 Paris. |
|||
|
|
12/10/2010
|
JAL
|
Head
Office Transfer |
|
Petites
affiches (Les) - La Loi - Le Quotidien juridique - archives commerciales de
la France
|
|||
|
|
02/08/2010
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 9165
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 4 R ROUGEMONT 75009 PARIS. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2009. |
|||
|
|
03/11/2009
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1030
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Capital : 89794955 EUR. |
|||
|
|
13/08/2009
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 8055
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 4 rue Rougemont 75009 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2008. |
|||
|
|
05/09/2008
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 930
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : Commissaire aux comptes suppléant partant
: Gaude, Alain, nomination du Commissaire aux comptes suppléant : Olivier,
Christophe. Capital : 115000000 EUR. |
|||
|
|
21/08/2008
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 7173
- 408772101 RCS. EURODIF. Forme : Société par actions simplifiée.
Adresse : 4 rue Rougemont 75009 Paris. Commentaires : Comptes
annuels et rapports de l'exercice clos le : 31/12/2007. |
|||
|
|
08/04/2008
|
Bodacc
B |
Modification
et mutation diverse |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 1529
- 408 772 101 RCS Paris. EURODIF. Forme : Société par actions
simplifiée. Administration : Président partant : SOCIETE
D'ORGANISATION ET D'ADMINISTRATION - SOA représentée par CHAMBON, DANIEL,
Adresse : Demeurant : 25, Avenue Du Baron Lacrosse - Zac De Kergaradec 2950
Gouesnou, nomination du Président : Bueters, nom d'usage : Reynolds, Johanna.
Capital : 115000000 EUR. Adresse de l’établissement principal : 4
rue Rougemont, 75009 Paris. |
|||
|
|
04/03/2008
|
Bodacc
C |
Comptes
annuels et rapports |
|
75
- PARIS GREFFE
DU TRIBUNAL DE COMMERCE DE PARIS 6435
- 408772101 RCS. EURODIF. Forme : Société par actions
simplifiée. Adresse : 10 rue d'Uzès 75002 Paris. Commentaires :
Comptes annuels et rapports de l'exercice clos le : 31/12/2006. |
|||
|
|
27/11/2007
|
Bodacc
C |
Avis
de dépôt des comptes |
|
4835
- 408 772 101. RCS Paris EURODIF. Forme: Société par actions simplifiée.
Adresse du siège social: 10 rue d'Uzès 75002 Paris. Comptes annuels et
rapports de l'exercice clos le: 31 décembre 2006. |
|||
|
|
11/11/2007
|
Bodacc
A |
Vente
et cession |
|
817
- RCS Orléans B 408 772 101. RC 04-B 124. EURODIF. Forme : S.A.S. Adresse du
siège social : 10 rue d'Uzès, 75002 Paris. Etablissement principal - Activité
: Textile. Adresse : place du Châtelet, Halles du Châtelet, 45000 Orléans.
Date d'effet : 1er juin 2007. Fonds principal acquis par achat au prix
stipulé de 1 270 000 euros. Précédent propriétaire : BOUCHARA. RCS Orléans
542 060 983. Publication légale : La République du Centre du 23 juillet 2007.
Oppositions : Me Bernard Dupuy-Denus, notaire, 62 rue d'Alsace-Lorraine,
45000 Orléans. |
|||
|
|
28/03/2007
|
Bodacc
A |
Vente
et cession |
|
0525
- RCS Paris 348 991 555. ZARA FRANCE. Forme : S.A.R.L. Capital : 25 095 456
euros. Adresse du siège social : 80 avenue des Terroirs-de-France, 75012
Paris. Etablissement secondaire - Enseigne : Eurodif. Activité : commerce au
détail de textile. Adresse : 5-7 place de la République et 14 rue
David-d'Angers, 59140 Dunkerque. Etablissement secondaire acquis par achat au
prix stipulé de 650 000 euros. Date de début d'activité : 8 février 2007.
Précédent propriétaire exploitant : EURODIF S.A.S. RCS Paris 408 772 101.
Publication légale : La Gazette Nord-Pas de Calais du 8 mars 2007.
Oppositions : au fonds pour la validité et Séquestre Juridique de l'Ordre des
Avocats de Paris, 11 place Dauphine, 75053 Paris Cedex 01, pour la
correspondance. |
|||
|
|
23/03/2007
|
Bodacc
A |
Vente
et cession |
|
0964
- RCS Paris B 348 991 555. ZARA FRANCE. Forme : S.A.R.L. Capital : 25 095 456
euros. Adresse du siège social : 80 avenue des Terroirs-de-France, 75012
Paris. Administration : gérant : ROMAY DE LA COLINA (José). Etablissement
secondaire - Activité : vente au détail de textile. Adresse : 39-41 rue
Victor-Hugo et 22 rue du Pot-d'Etain, 62200 Boulogne-sur-Mer. Etablissement
secondaire acquis par achat au prix stipulé de 1 000 000 d'euros. Date
d'effet : 30 janvier 2007. Précédent propriétaire exploitant : EURODIF. RCS
Boulogne-sur-Mer B 408 772 101. Publication légale : La Gazette Nord-Pas de
Calais du 18 au 24 février 2007. Oppositions : au fonds pour la validité et
Séquestre Juridique de l'Ordre des Avocats, 11 place Dauphine, 75053 Paris
Cedex 1, pour la correspondance. |
|||
|
|
21/03/2007
|
Bodacc
A |
Vente
et cession |
|
0172
- RCS Paris B 489 972 166. STRADIVARIUS FRANCE. Forme : S.A.R.L. Capital :
100 000 euros. Adresse du siège social : 80 avenue des Terroirs-de-France,
75012 Paris. Administration : gérant : ROMAY DE LA COLINA (José).
Etablissement secondaire - Activité : commerce au détail de textile. Adresse
: 14 bis et 16 place Marengo, 16000 Angoulême. Etablissement secondaire
acquis par achat au prix stipulé de 400 000 euros. Date d'effet : 30 janvier
2007. Précédent propriétaire : EURODIF. RCS Paris B 408 772 101. Publication
légale : Le Courrier français du 23 février 2007. Oppositions : au fonds pour
la validité et Séquestre Juridique de l'Ordre des Avocats, 11 place Dauphine,
75053 Paris Cedex 01. |
|||
|
|
09/03/2007
|
Bodacc
A |
Vente
et cession |
|
1594
- RCS Paris B 348 991 555. RC 07-B 234. ZARA FRANCE. Forme : S.A.R.L. Capital
: 43 699 040 euros. Adresse du siège social : 80 avenue des
Terroirs-de-France, 75012 Paris. Etablissement principal - Enseigne :
Eurodif. Activité : vente au détail d'habillement et de textile. Adresse : 58
bis rue de la Chaussée-d'Antin, 75009 Paris. Cession de l'établissement
principal au prix stipulé de 2 000 000 d'euros. Date d'effet : 15 février
2007. Précédent propriétaire : EURODIF. RCS 408 772 101. Publication légale :
La Gazette du Palais du 1er mars 2007. Oppositions : Service Séquestre
Juridique de l'Ordre des Avocats, 11 place Dauphine, 75053 Paris Cedex 01,
pour la validité. |
|||
|
|
01/03/2007
|
Bodacc
A |
Vente
et cession |
|
0191
- RCS Paris 348 991 555. ZARA FRANCE. Forme : S.A.R.L. Capital : 25 095 456
euros. Adresse du siège social : 80 avenue des Terroirs-de-France, 75012
Paris. Etablissement secondaire - Enseigne : Eurodif. Activité : commerce au
détail de textile. Adresse : rue de la Bourse, rue Le Pelletier et rue des
Débris-Saint-Etienne, 59000 Lille. Etablissement secondaire acquis par achat
au prix stipulé de 100 000 euros. Date d'effet : 15 janvier 2007. Précédent
propriétaire exploitant : EURODIF S.A.S. RCS Lille B 408 772 101. RC 98-B
802. Publication légale : La Gazette Nord-Pas de Calais des 2 au 8 février
2007. Oppositions : au fonds, pour la validité et Séquestre Juridique de
l'Ordre des Avocats, 11 place Dauphine, 75053 Paris Cedex 01, pour la correspondance.
|
|||
|
|
17/01/2007
|
Bodacc
C |
Avis
de dépôt des comptes |
|
3160
- RCS Paris B 408 772 101. RC 96-B 12039. EURODIF. Forme: SOCIETE PAR ACTIONS
SIMPLIFIEE. Adresse du siège social: 10, R D Uzes,Paris, 75002 Paris. Comptes
annuels et rapports de l'exercice clos le: 31 décembre 2005. |
|||
|
|
28/02/2006
|
Bodacc
A |
Vente
et cession |
|
0811
- RCS B 408 772 101. A dater du : 6 mai 2004. RC 04-B 293. EURODIF. Forme :
S.A.S. Adresse du siège social : 10 rue d'Uzès, Paris, 75002 Paris.
Etablissement secondaire - Activité : commerce au détail d'habillement et de
textile. Adresse : 51 rue Jean-Jaurès, 44600 Saint-Nazaire. Etablissement
secondaire, précédemment exploité en location-gérance, acquis par achat au
prix stipulé de 457 500 euros. Date de début d'activité : 30 septembre 2003.
Date d'effet : 30 décembre 2005. Précédent propriétaire : CARE (Anne). RCS A
006 572 812. Publication légale : L'Echo de la presqu'île du 27 janvier 2006.
Oppositions : Me Castel (Henri), 1 place du Commerce, B.P. 60, 44600 Saint-Nazaire.
|
|||
|
|
08/10/2005
|
Bodacc
C |
Avis
de dépôt des comptes |
|
2243
- RCS Paris B 408 772 101. RC 96-B 12039. EURODIF. Forme: SOCIETE PAR ACTIONS
SIMPLIFIEE. Adresse du siège social: 10, R d'Uzes,Paris, 75002 Paris. Comptes
annuels et rapports de l'exercice clos le: 31 décembre 2004. |
|||
|
|
11/07/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
B 408772101 A dater du: 4 mars 2004 RC 04-B 287 EURODIF. Forme : S.A.S.
Adresse du siège social : 10 rue d'Uzès, 75002 Paris Etablissement principal:
Activité : vente d'articles textiles. Adresse : 16 rue d'Isly, 35000 Rennes
Etablissement principal acquis par achat au prix stipulé de 230 000 euros.
Date d'effet : 31 décembre 2003. Précédent propriétaire : UNION OUVRIERE
COMMERCIALE RENNAISE. RCS B 672048154 Publication légale: Le Pays malouin du
19 février 2004. Oppositions : Eurodif, 16 rue d'Isly, 35000 Rennes. |
|||
|
|
02/07/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
B 408772101 RC 04-B 284 EURODIF. Forme : S.A.S. Adresse du siège social : 10
rue d'Uzès, 75002 Paris Fonds de vente au détail de textile, d'articles
chaussants, de confection, de chemiserie, de soldes en tout genre sis 2-4 et
8-10 place Saint-Corentin, Quimper, précédemment exploité en
location-gérance, acquis par achat au prix stipulé de 932 000 euros.
Commentaires : modification survenue sur la date de début d'activité. Le
contrat de location-gérance existant se poursuivra dans les memes conditions
Date de début d'activité: 30 septembre 2003. Date d'effet : 31 décembre 2002.
Précédent propriétaire : S.A.S. DE LA PLACE SAINT-CORENTIN Publication
légale: Le Progrès de Cornouaille du 22 février 2003. Oppositions : au fonds.
|
|||
|
|
10/06/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
Paris 408772101 EURODIF. Forme : S.A. S. Capital : 115 000 000 d'euros.
Adresse du siège social : 10 rue d'Uzès, 75002 Paris ETABLISSEMENT SECONDAIRE
RC Avesnes-sur-Helpe 04-B 35. A dater du : 8 mars 2004. Enseigne : Eurodif.
Activité : vente au détail d'habillement et de textile. Adresse : 3 place
Jean-Mabuze, 59600 Maubeuge Etablissement secondaire acquis par apport-fusion
au montant évalué à 372 841 euros Date de début d' activité: 30 septembre
2003. Précédent propriétaire : EUROSTORE DISTRIBUTION TEXTILES-EDT. RCS Paris
414342956 Publication légale: Le Quotidien juridique du 30 juillet 2003
déclaration de créances: au tribunal de commerce de Paris. |
|||
|
|
12/03/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
B 408772101 RC 04-B 117 GALERIES LILLOISES DE DISTRIBUTION TEXTILES-G.L. D.T.
Forme : S.A. Adresse du siège social : 23 boulevard Poissonnière, 75002 Paris
ETABLISSEMENT SECONDAIRE. Activité : vente au détail d'habillement et de
textile. Adresse : 48 et 50-rue-Saint- Pierre, 14000 Caen Etablissement
secondaire acquis par achat au prix stipulé de 737 000 euros Date de début
d'activité: 1 e r janvier 2003. Précédent propriétaire : UNION OUVRIERE
COMMERCIALE RENNAISE-CENTRE DE DISTRIBUTION TEXTILES. RCS B 672048154
Publication légale: L'Agriculteur normand du 27 février 2003. Oppositions :
au fonds. |
|||
|
|
07/03/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
B 408772101 RC 04-B 349 EURODIF. Forme : S.A.S. Adresse du siège social : 10
rue d'Uzès, 75002 Paris ETABLISSEMENT SECONDAIRE. Activité : vente au détail
d'habillement et de textile. Adresse : 12 avenue Jean-Médecin, 06000 Nice
Etablissement secondaire acquis par achat au prix stipulé de 815 331,13 euros
Date de début d'activité: 20 octobre 2003. Précédent propriétaire : BOUCHARA.
RCS 542060983 Publication légale: L'Avenir du 8 novembre 2003. Oppositions :
M e de Poulpiquet de Brescanvel, 31 avenue Jean-Médecin, 06000 Nice, pour la
validité et la correspondance. |
|||
|
|
03/03/2004
|
Bodacc
A |
Création
d'établissement |
|
RCS
B 408772101 RC 04-B 349 EURODIF. Forme : S.A.S. Adresse du siège social : 10
rue d'Uzès, 75002 Paris ETABLISSEMENT SECONDAIRE. Activité : vente au détail
d'articles d' habillement et de textile. Adresse : 16 avenue Jean-Médecin,
06000 Nice Etablissement secondaire acquis par achat au prix stipulé de 1 026
887,85 euros Date de début d'activité: 1 e r octobre 2003. Précédent
propriétaire : BOUCHARA. RCS 542060983 Publication légale: Les Petites
affiches du 8 janvier 2004. Oppositions : au fonds, pour la validité et la
correspondance. |
|||
|
|
01/02/2004
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 EURODIF. Forme : S.A.S. Capital : 115 000 000
d'euros. Adresse du siège social : 10 rue d'Uzès, 75002 Paris. Commentaires :
modification survenue sur la dénomination, la forme juridique, le capital
(augmentation), l'adresse du siège social, l'adresse de l' établissement
principal et l' administration. Administration : président partant : LASCAR,
née SKOROUPKA (Rosette). Nomination du président : STE D'ORGANISATION ET D'
ADMINISTRATION-SOA. Administrateurs partants : CHAMBON, née LASCAR (Marie,
Christine) OMNIUM DE PARTICIPATIONS LASCAR (Philippe) Etablissement
principal: Adresse : 10 rue d'Uzès, 75002 Paris. |
|||
|
|
15/08/2003
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 GALERIES LILLOISES DE DISTRIBUTION
TEXTILES-G.L.D.T. Forme : S.A. Capital : 91 864 549 euros. Commentaires :
modification survenue sur le capital ( augmentation). |
|||
|
|
03/06/2003
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 GALERIES LILLOISES DE DISTRIBUTION
TEXTILES-G.L.D.T. Forme : S.A. Capital : 180 536 euros. Commentaires :
modification survenue sur le capital ( augmentation). |
|||
|
|
18/02/2003
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 GALERIES LILLOISES DE DISTRIBUTION
TEXTILES-G.L.D.T. Forme : S.A. Commentaires : modification survenue sur
l'administration. Administration : nomination du président du conseil d'
administration et directeur général : LASCAR, née SKOROUPKA (Rosette).
Modification d'un administrateur : CHAMBON, née LASCAR (Marie, Christine). |
|||
|
|
18/02/2003
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 GALERIES LILLOISES DE DISTRIBUTION
TEXTILES-G.L.D.T. Forme : S.A. Adresse du siège social : 23 boulevard
Poissonnière, 75002 Paris. Commentaires : modification survenue sur l'adresse
du siège social et l'adresse de l'établissement principal Etablissement
principal: Adresse : 23 boulevard Poissonnière, 75002 Paris. |
|||
|
|
21/01/2001
|
Bodacc
B |
Modifications
et mutations diverses |
|
RCS
Paris B 408772101 RC 96-B 12039 GALERIES LILLOISES DE DISTRIBUTION
TEXTILES-G.L.D.T. Forme : S.A. Commentaires : modification survenue sur
l'administration. Administration : administrateur partant : SCORE S.A.
Nomination d'un administrateur : LASCAR (Philippe). |
|||
Company events history
|
Date |
Description |
|
09/08/2017 |
Update
of Company Activity |
|
07/07/2017 |
Disengagement
in other companies |
|
26/11/2016 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
17/11/2016 |
Bodacc
C : Deposit accounts notice |
|
31/12/2015 |
New
accounts available |
|
31/12/2015 |
Update
of Company Activity |
|
07/12/2015 |
Bodacc
C : Deposit accounts notice |
|
13/11/2015 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
31/12/2014 |
New
accounts available |
|
14/11/2014 |
Bodacc
C : Deposit accounts notice |
|
25/10/2014 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
14/04/2014 |
Bodacc
C : Deposit accounts notice |
|
11/03/2014 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
31/12/2013 |
New
accounts available |
|
12/12/2013 |
Bodacc
B: Various editing or changing |
|
27/11/2013 |
New
chairman (CEO, CoB) |
|
27/11/2013 |
Minutes
of general meeting of shareholders |
|
24/11/2013 |
Bodacc
B: Various editing or changing |
|
08/11/2013 |
Amendment |
|
08/11/2013 |
New
auditor |
|
01/11/2013 |
Legal
Gazette: Resignation / Revocation of the social representative |
|
28/10/2013 |
Legal
Gazette: Appointment of the social representative |
|
06/09/2013 |
New
ultimate parent |
|
08/08/2013 |
Bodacc
B: Various editing or changing |
|
24/07/2013 |
Minutes
of general meeting of shareholders |
|
24/07/2013 |
New
auditor |
|
31/12/2012 |
New
accounts available |
|
23/10/2012 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
08/09/2012 |
Bodacc
C : Deposit accounts notice |
|
03/08/2012 |
New
ultimate parent |
|
31/12/2011 |
New
accounts available |
|
16/07/2011 |
Consideration
of a balance sheet that has led to a reassessment of this company's
creditworthiness |
|
03/06/2011 |
New
participations in other companies |
|
03/06/2011 |
New
ultimate parent |
|
03/06/2011 |
New
parent detected |
|
06/04/2011 |
Bodacc
B: Various editing or changing |
|
22/03/2011 |
New
chairman (CEO, CoB) |
|
22/03/2011 |
Minutes
of general meeting of shareholders |
|
28/02/2011 |
Legal
Gazette: Resignation / Revocation of the social representative |
|
31/12/2010 |
New
accounts available |
|
16/11/2010 |
Bodacc
B: Various editing or changing |
|
28/10/2010 |
Amendment |
|
28/10/2010 |
Updated
articles of association |
|
28/10/2010 |
Registered
office transferred inside jurisdiction of the Commercial Court |
|
28/10/2010 |
Minutes
of general meeting of shareholders |
|
12/10/2010 |
Legal
Gazette: Head Office Transfer |
|
11/10/2010 |
Transfer
of Establishment |
|
11/10/2010 |
Update
of Company Head Office Identifier |
|
02/08/2010 |
Bodacc
C : Deposit accounts notice |
|
31/12/2009 |
New
accounts available |
|
03/11/2009 |
Bodacc
B: Various editing or changing |
|
16/10/2009 |
Capital
increase |
|
16/10/2009 |
Minutes
of general meeting of shareholders |
|
16/10/2009 |
Updated
articles of association |
|
16/10/2009 |
Audit
or Management Report |
|
16/10/2009 |
Amendment |
|
16/10/2009 |
Capital
reduction |
|
13/08/2009 |
Bodacc
C : Deposit accounts notice |
|
31/12/2008 |
New
accounts available |
|
05/09/2008 |
New
Bodacc B ads detected |
|
05/09/2008 |
Bodacc
B: Various editing or changing |
|
21/08/2008 |
New
auditor |
|
21/08/2008 |
New
auditor |
|
21/08/2008 |
Private
document |
|
21/08/2008 |
Bodacc
C : Deposit accounts notice |
|
21/08/2008 |
Appointment/resignation
of company officers |
|
21/08/2008 |
Amendment |
|
21/08/2008 |
Minutes
of general meeting of shareholders |
|
08/04/2008 |
Bodacc
B: Various editing or changing |
|
04/03/2008 |
Bodacc
C : Deposit accounts notice |
|
31/12/2007 |
New
accounts available |
|
22/11/2007 |
Minutes
of general meeting of shareholders |
|
22/11/2007 |
Minutes
of general meeting of shareholders |
|
22/11/2007 |
New
chairman (CEO, CoB) |
|
22/11/2007 |
Registered
office transferred inside jurisdiction of the Commercial Court |
|
22/11/2007 |
Registered
office transferred inside jurisdiction of the Commercial Court |
|
22/11/2007 |
Updated
articles of association |
|
22/11/2007 |
Updated
articles of association |
|
22/11/2007 |
Appointment/resignation
of company officers |
|
22/11/2007 |
Private
document |
|
20/11/2007 |
Minutes
of general meeting of shareholders |
|
20/11/2007 |
Private
document |
|
20/11/2007 |
Updated
articles of association |
|
19/11/2007 |
Minutes
of general meeting of shareholders |
|
19/11/2007 |
Updated
articles of association |
|
17/09/2007 |
Collection
of preferential rights activated for this company |
|
31/12/2006 |
New
accounts available |
|
15/09/2006 |
Updated
articles of association |
|
15/09/2006 |
Private
document |
|
15/09/2006 |
Minutes
of general meeting of shareholders |
|
14/09/2006 |
Amendment |
|
14/09/2006 |
Updated
articles of association |
|
14/09/2006 |
Minutes
of general meeting of shareholders |
|
31/12/2005 |
New
accounts available |
|
31/12/2004 |
New
accounts available |
|
27/07/2004 |
Updated
articles of association |
|
27/07/2004 |
Private
document |
|
27/07/2004 |
Minutes
of general meeting of shareholders |
|
05/07/2004 |
Private
document |
|
05/07/2004 |
Change
to corporate purpose |
|
05/07/2004 |
Minutes
of general meeting of shareholders |
|
05/07/2004 |
Updated
articles of association |
|
21/01/2004 |
New
company name |
|
21/01/2004 |
New
legal form – new category |
|
21/01/2004 |
New
legal form – no new category |
|
21/01/2004 |
Power
of attorney |
|
21/01/2004 |
Private
document |
|
21/01/2004 |
Registered
office transferred inside jurisdiction of the Commercial Court |
|
21/01/2004 |
Updated
articles of association |
|
21/01/2004 |
Amendment |
|
21/01/2004 |
Appointment/resignation
of company officers |
|
21/01/2004 |
Audit
or Management Report |
|
21/01/2004 |
Capital
increase |
|
21/01/2004 |
Declaration
of conformity |
|
21/01/2004 |
Merger |
|
21/01/2004 |
Minutes
of Board meeting |
|
21/01/2004 |
Minutes
of general meeting of shareholders |
|
21/01/2004 |
New
chairman (CEO, CoB) |
|
31/12/2003 |
New
accounts available |
|
23/12/2003 |
Declaration
of conformity |
|
23/12/2003 |
Power
of attorney |
|
23/12/2003 |
Minutes
of general meeting of shareholders |
|
23/12/2003 |
Merger |
|
23/12/2003 |
Amendment |
|
23/12/2003 |
Private
document |
|
23/12/2003 |
Minutes
of Board meeting |
|
16/09/2003 |
Audit
or Management Report |
|
16/09/2003 |
Private
document |
|
05/08/2003 |
Amendment |
|
05/08/2003 |
Capital
increase |
|
05/08/2003 |
Minutes
of general meeting of shareholders |
|
05/08/2003 |
Private
document |
|
05/08/2003 |
Updated
articles of association |
|
05/08/2003 |
Audit
or Management Report |
|
28/07/2003 |
Planned
merger |
|
28/07/2003 |
Private
document |
|
18/07/2003 |
Planned
merger |
|
18/07/2003 |
Partial
contribution |
|
18/07/2003 |
Private
document |
|
15/07/2003 |
Capital
increase |
|
15/07/2003 |
Minutes
of general meeting of shareholders |
|
15/07/2003 |
Private
document |
|
15/07/2003 |
Updated
articles of association |
|
16/06/2003 |
Private
document |
|
16/06/2003 |
Audit
or Management Report |
|
19/05/2003 |
Private
document |
|
19/05/2003 |
Minutes
of general meeting of shareholders |
|
19/05/2003 |
Fund
deposit certificate |
|
19/05/2003 |
Capital
reduction |
|
19/05/2003 |
Capital
increase |
|
19/05/2003 |
Audit
or Management Report |
|
19/05/2003 |
Updated
articles of association |
|
10/03/2003 |
Application
and court order |
|
10/03/2003 |
Amendment |
|
04/02/2003 |
Updated
articles of association |
|
04/02/2003 |
New
chairman (CEO, CoB) |
|
04/02/2003 |
Minutes
of Board meeting |
|
04/02/2003 |
Changes
to the Board of Directors |
|
04/02/2003 |
Appointment/resignation
of company officers |
|
04/02/2003 |
Amendment |
|
04/02/2003 |
Registered
office transferred inside jurisdiction of the Commercial Court |
|
04/02/2003 |
Private
document |
|
04/02/2003 |
Minutes
of general meeting of shareholders |
|
06/12/2001 |
Amendment |
|
06/12/2001 |
Conversion
of equity to euro |
|
06/12/2001 |
Minutes
of general meeting of shareholders |
|
06/12/2001 |
Private
document |
|
06/12/2001 |
Updated
articles of association |
|
05/01/2001 |
New
manager |
|
05/01/2001 |
Minutes
of general meeting of shareholders |
|
05/01/2001 |
Changes
to the Board of Directors |
|
05/01/2001 |
Appointment/resignation
of company officers |
|
05/01/2001 |
Private
document |
|
18/11/1998 |
Minutes
of general meeting of shareholders |
|
18/11/1998 |
Continuation
of business despite loss of equity |
|
18/11/1998 |
Private
document |
|
06/09/1996 |
Minutes
of general meeting of shareholders |
|
06/09/1996 |
Company
formation |
|
06/09/1996 |
Articles
of association |
|
06/09/1996 |
Appointment/resignation
of company officers |
|
06/09/1996 |
Fund
deposit certificate |
Establishment events history
|
Date |
Description |
|
11/03/2018 |
Update
of phone numbers |
|
26/11/2017 |
Update
of phone numbers |
|
09/09/2017 |
Modification
of Head office |
|
09/08/2017 |
Modification
of Head office |
|
03/08/2017 |
Modification
of Head office |
|
26/03/2017 |
Update
of phone numbers |
|
03/08/2016 |
Update
of phone numbers |
|
31/12/2015 |
Modification
of Head office |
|
29/10/2015 |
Update
of phone numbers |
|
05/10/2015 |
Modification
of Head office |
|
22/02/2014 |
Update
of phone numbers |
|
30/11/2010 |
Update
of phone numbers |
|
11/10/2010 |
Formation
of Head office (after transfer) |
Financials
Synthesized
Accounts
Annual
Accounts
|
31/12/2015 |
31/12/2014 |
31/12/2013 |
|
|
Account
period (month) |
12
|
12
|
12
|
|
Account
Type |
Normal
|
Normal
|
Normal
|
|
Date
of capture |
25/11/2016
|
12/11/2015
|
24/10/2014
|
|
Activity
Code |
4771Z
|
4771Z
|
4771Z
|
|
Employees
|
0
|
1339
|
1416
|
Active
account
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Capital
not called |
0
|
0% |
0
|
0% |
0
|
0
|
0% |
|
Total
fixed assets |
108,424,407
|
2.7% |
105,623,189
|
1.4% |
104,174,794
|
74,800
|
144852.4% |
|
Intangible
assets |
82,213,028
|
-0.6% |
82,702,804
|
0.0% |
82,691,977
|
39,050
|
210432.7% |
|
Tangible
assets |
24,722,298
|
14.4% |
21,607,592
|
7.3% |
20,142,248
|
9,435
|
261927.5% |
|
Financial
assets |
1,489,082
|
13.4% |
1,312,796
|
-2.1% |
1,340,570
|
1,950
|
76263.2% |
|
Net
current assets |
49,957,843
|
6.3% |
46,978,537
|
-9.0% |
51,636,586
|
88,768
|
56179.1% |
|
Stocks
|
40,222,695
|
13.7% |
35,364,698
|
-5.4% |
37,390,467
|
35,207
|
114146.3% |
|
Advanced
payments |
3,941
|
-69.2% |
12,797
|
-19.8% |
15,956
|
0
|
0% |
|
Receivables
|
7,710,815
|
9.3% |
7,053,863
|
16.6% |
6,051,268
|
9,435
|
81625.6% |
|
Securities
and cash |
2,020,394
|
-55.6% |
4,547,177
|
-44.4% |
8,178,893
|
14,823
|
13530.1% |
|
Prepaid
expenses |
-
|
-
|
-
|
-
|
-
|
285
|
-
|
|
Accounts
of regularization |
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Total
Assets |
158,382,251
|
3.8%
|
152,601,726
|
-2.1%
|
155,811,380
|
188,914
|
83738.3%
|
Passive
Account
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Shareholders'
equity |
57,789,306
|
-9.1%
|
63,589,125
|
-14.9%
|
74,685,161
|
44,051
|
131087.3%
|
|
Share
capital |
89,794,955
|
0% |
89,794,955
|
0% |
89,794,955
|
8,000
|
1122336.9% |
|
Other
capital resources |
0
|
0%
|
0
|
0%
|
0
|
0
|
0%
|
|
Risk
Provisions |
3,445,576
|
-2.0% |
3,515,127
|
7.9% |
3,256,661
|
0
|
0% |
|
Liabilities
|
97,147,372
|
13.6% |
85,497,475
|
9.8% |
77,869,563
|
118,464
|
81905.8% |
|
Financial
liabilities |
50,507,615
|
31.9% |
38,302,205
|
28.4% |
29,835,858
|
34,764
|
145187.1% |
|
Advanced
payments received |
255,278
|
4.2% |
245,016
|
-8.9% |
268,995
|
0
|
0% |
|
Trade
account payables |
29,064,429
|
2.6% |
28,327,004
|
-3.1% |
29,218,190
|
22,831
|
127202.5% |
|
Tax
and social liabilities |
14,020,760
|
-5.2% |
14,789,879
|
-1.8% |
15,059,670
|
19,147
|
73126.9% |
|
Other
debts and fixed assets liabilities |
3,277,767
|
-14.0% |
3,811,302
|
9.4% |
3,483,755
|
5,528
|
59193.9% |
|
Account
regularization |
21,523
|
-2.5%
|
22,069
|
613.7%
|
3,092
|
0
|
0%
|
|
Total
liabilities |
158,382,254
|
3.8%
|
152,601,727
|
-2.1%
|
155,811,385
|
188,908
|
83740.9%
|
Results
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Sales
of Goods |
158,625,593
|
-4.2% |
165,596,409
|
0.9% |
164,136,481
|
223,678
|
70816.9% |
|
Net
turnover |
153,951,280
|
-3.8% |
160,090,683
|
0.3% |
159,554,230
|
219,291
|
70104.1% |
|
of
which net export turnover |
5,089
|
-17.2% |
6,149
|
0% |
0
|
0
|
0% |
|
Operating
charges |
162,046,751
|
-7.2% |
174,558,669
|
-0.5% |
175,378,973
|
219,685
|
73663.2% |
|
Operating
profit/loss |
-3,421,159
|
61.8%
|
-8,962,260
|
20.3%
|
-11,242,492
|
4,563
|
-75076.1%
|
|
Financial
income |
38,525
|
-54.3% |
84,317
|
-16.4% |
100,865
|
0
|
0% |
|
Financial
charges |
704,197
|
4.3% |
674,923
|
53.0% |
441,168
|
975
|
72125.3% |
|
Financial
profit/loss |
-665,674
|
-12.7%
|
-590,606
|
-73.6%
|
-340,303
|
-663
|
-100303.3%
|
|
Pretax
net operating income |
-4,086,830
|
57.2%
|
-9,552,866
|
17.5%
|
-11,582,795
|
3,395
|
-120477.9%
|
|
Extraordinary
income |
1,662,471
|
-7.3% |
1,792,853
|
-45.1% |
3,267,327
|
0
|
0% |
|
Extraordinary
charges |
3,398,457
|
-10.0% |
3,776,213
|
-58.5% |
9,097,421
|
61
|
5571141.0% |
|
Extraordinary
profit/loss |
-1,735,986
|
12.5%
|
-1,983,359
|
66.0%
|
-5,830,093
|
0
|
0%
|
|
Net
result |
-5,799,818
|
47.7%
|
-11,096,035
|
35.9%
|
-17,322,083
|
3,511
|
-165289.9%
|
Accounts
- Active
Normal
Account
|
31/12/2015 |
31/12/2014 |
31/12/2013 |
|
|
Months
|
12
|
12
|
12
|
Grand
Total - Active Accounts (I to VI)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Grand
Total (I to VI) |
Net
|
158,382,251
|
3.8%
|
152,601,726
|
-2.1%
|
155,811,380
|
|
Gross
|
CO
|
203,437,383
|
4.4% |
194,816,778
|
-0.2% |
195,277,870
|
|
Amortisation
|
1A
|
45,055,132
|
6.7% |
42,215,052
|
7.0% |
39,466,490
|
Non
declared distributed capital (I)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Non
declared distributed capital (I) |
AA3
|
0
|
0%
|
0
|
0%
|
0
|
|
Gross
|
AA
|
0
|
0%
|
0
|
0%
|
0
|
Active
fixed asset (II)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
Active fixed asset (II) |
Net
|
108,424,407
|
2.7%
|
105,623,189
|
1.4%
|
104,174,794
|
|
Gross
|
BJ
|
151,191,945
|
3.9% |
145,553,609
|
3.0% |
141,315,566
|
|
Amortisation
|
BK
|
42,767,538
|
7.1% |
39,930,420
|
7.5% |
37,140,772
|
Intangible
fixed assets
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
474,721
|
-39.1% |
779,945
|
27.4% |
612,086
|
|
Gross
|
AF
|
1,889,486
|
3.3% |
1,828,763
|
41.3% |
1,294,428
|
|
Amortisation
|
AG
|
1,414,767
|
34.9% |
1,048,818
|
53.7% |
682,342
|
|
Goodwill
|
Net
|
81,738,307
|
-0.2% |
81,886,792
|
0.0% |
81,886,791
|
|
Gross
|
AH
|
86,975,414
|
-0.5% |
87,432,914
|
0% |
87,432,914
|
|
Amortisation
|
AI
|
5,237,108
|
-5.6% |
5,546,122
|
0% |
5,546,122
|
|
Other
intangible fixed assets |
Net
|
0
|
0% |
0
|
0% |
0
|
|
Gross
|
AJ
|
7,622
|
0% |
7,622
|
0% |
7,622
|
|
Amortisation
|
AK
|
7,622
|
0% |
7,622
|
0% |
7,622
|
|
Pre-payments
and downpayments |
Net
|
0
|
0% |
36,067
|
-81.3% |
193,100
|
|
Gross
|
AL
|
0
|
0% |
36,067
|
-81.3% |
193,100
|
|
Amortisation
|
AM
|
0
|
0% |
0
|
0% |
0
|
|
Sub
Total Intangible asset |
Net
|
82,213,028
|
-0.6% |
82,702,804
|
0.0% |
82,691,977
|
Tangible
fixed assets
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
276,108
|
-29.7% |
392,888
|
-14.2% |
458,024
|
|
Gross
|
AR
|
991,945
|
0.2% |
990,446
|
5.6% |
937,479
|
|
Amortisation
|
AS
|
715,837
|
19.8% |
597,558
|
24.6% |
479,454
|
|
Other
tangible fixed assets |
Net
|
24,187,842
|
15.7% |
20,901,182
|
7.3% |
19,480,326
|
|
Gross
|
AT
|
59,516,325
|
11.1% |
53,567,764
|
8.3% |
49,442,250
|
|
Amortisation
|
AU
|
35,328,484
|
8.1% |
32,666,581
|
9.0% |
29,961,924
|
|
Fixed
assets in construction |
Net
|
109,856
|
-35.9% |
171,508
|
1432.3% |
11,193
|
|
Gross
|
AV
|
109,856
|
-35.9% |
171,503
|
1432.2% |
11,193
|
|
Amortisation
|
AW
|
0
|
0% |
0
|
0% |
0
|
|
Advances
and payments on account |
Net
|
148,492
|
4.6% |
142,014
|
-26.3% |
192,705
|
|
Gross
|
AX
|
148,492
|
4.6% |
142,014
|
-76.0% |
592,290
|
|
Amortisation
|
AY
|
0
|
0% |
0
|
0% |
399,585
|
|
Sub
Total Tangible asset |
Net
|
24,722,298
|
14.4%
|
21,607,592
|
7.3%
|
20,142,248
|
Financial
assets
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
2,962
|
0.0% |
2,961
|
0% |
2,961
|
|
Amortisation
|
CV
|
2,962
|
0.0% |
2,961
|
0% |
2,961
|
|
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
|
198
|
0% |
198
|
0% |
198
|
|
Gross
|
BD
|
3,247
|
0% |
3,247
|
0% |
3,247
|
|
Amortisation
|
BE
|
3,049
|
0.0% |
3,048
|
0% |
3,048
|
|
Loans
|
Net
|
151,585
|
4959.6% |
2,996
|
-34.8% |
4,594
|
|
Gross
|
BF
|
209,295
|
244.8% |
60,706
|
-2.6% |
62,304
|
|
Amortisation
|
BG
|
57,710
|
0% |
57,710
|
0% |
57,710
|
|
Other
financial assets |
Net
|
1,337,299
|
2.1% |
1,309,602
|
-2.0% |
1,335,778
|
|
Gross
|
BH
|
1,337,299
|
2.1% |
1,309,602
|
-2.0% |
1,335,778
|
|
Amortisation
|
BI
|
0
|
0% |
0
|
0% |
0
|
|
Sub
Total Financial assets |
Net
|
1,489,082
|
13.4%
|
1,312,796
|
-2.1%
|
1,340,570
|
Current
Assets (III)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
Current Assets |
Net
|
49,957,843
|
6.3%
|
46,978,537
|
-9.0%
|
51,636,586
|
|
Gross
|
CJ
|
52,245,438
|
6.1% |
49,263,169
|
-8.7% |
53,962,304
|
|
Amortisation
|
CK
|
2,287,595
|
0.1% |
2,284,632
|
-1.8% |
2,325,718
|
Stocks
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Raw
materials |
Net
|
524,959
|
36.5% |
384,581
|
4.8% |
367,099
|
|
Gross
|
BL
|
524,959
|
36.5% |
384,581
|
4.8% |
367,099
|
|
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
|
39,697,736
|
13.5% |
34,980,117
|
-5.5% |
37,023,368
|
|
Gross
|
BT
|
41,951,725
|
12.8% |
37,185,251
|
-5.3% |
39,253,816
|
|
Amortisation
|
BU
|
2,253,990
|
2.2% |
2,205,134
|
-1.1% |
2,230,448
|
|
Sub
Total Stocks |
Net
|
40,222,695
|
13.7%
|
35,364,698
|
-5.4%
|
37,390,467
|
Advance
payments to suppliers
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Advance
payments to suppliers |
Net
|
3,941
|
-69.2% |
12,797
|
-19.8% |
15,956
|
|
Gross
|
BV
|
3,941
|
-69.2% |
12,797
|
-19.8% |
15,956
|
|
Amortisation
|
BW
|
0
|
0% |
0
|
0% |
0
|
Debtors
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Trade
accounts receivable |
Net
|
228,420
|
-57.5% |
537,341
|
93.8% |
277,267
|
|
Gross
|
BX
|
262,025
|
-57.2% |
612,126
|
66.4% |
367,823
|
|
Amortisation
|
BY
|
33,605
|
-55.1% |
74,784
|
-17.4% |
90,555
|
|
Other
debtors |
Net
|
4,082,633
|
0.3% |
4,072,306
|
18.4% |
3,439,849
|
|
Gross
|
BZ
|
4,082,633
|
0.1% |
4,077,021
|
18.4% |
3,444,564
|
|
Amortisation
|
CA
|
0
|
0% |
4,714
|
0% |
4,714
|
|
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
|
4,311,053
|
-6.5%
|
4,609,647
|
24.0%
|
3,717,116
|
Divers
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
2,020,394
|
-55.6% |
4,547,177
|
-44.4% |
8,178,893
|
|
Gross
|
CF
|
2,020,394
|
-55.6% |
4,547,177
|
-44.4% |
8,178,893
|
|
Amortisation
|
CG
|
0
|
0% |
0
|
0% |
0
|
|
Sub
Total Divers |
Net
|
2,020,394
|
-55.6%
|
4,547,177
|
-44.4%
|
8,178,893
|
Prepaid
expenses
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Prepaid
expenses |
Net
|
3,399,762
|
39.1%
|
2,444,216
|
4.7%
|
2,334,152
|
|
Gross
|
CH
|
3,399,762
|
39.1% |
2,444,216
|
4.7% |
2,334,152
|
|
Amortisation
|
CI
|
0
|
0% |
0
|
0% |
0
|
Equalization
accounts (IV to VI)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Grand
Total (I to V) |
EE
|
158,382,254
|
3.8%
|
152,601,727
|
-2.1%
|
155,811,385
|
Shareholder
Equity (I)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
shareholders' equity (Total I) |
DL
|
57,789,306
|
-9.1%
|
63,589,125
|
-14.9%
|
74,685,161
|
|
Equity
and shareholders' equity |
DA
|
89,794,955
|
0% |
89,794,955
|
0% |
89,794,955
|
|
Issue
and merger premiums |
DB
|
100,055
|
0% |
100,055
|
0% |
100,055
|
|
Revaluation
differentials |
DC
|
0
|
0% |
0
|
0% |
0
|
|
Of
which equity differential |
EK
|
0
|
0% |
0
|
0% |
0
|
|
Legal
reserve |
DD
|
638,664
|
0% |
638,664
|
0% |
638,664
|
|
Statutory
or contractual reserve |
DE
|
0
|
0% |
0
|
0% |
0
|
|
Special
regulated reserves |
DF
|
0
|
0% |
0
|
0% |
0
|
|
Of
which special reserve of provisions for current fluctuation |
B1
|
0
|
0% |
0
|
0% |
0
|
|
Other
reserves |
DG
|
1,473,571
|
0.0% |
1,473,570
|
0% |
1,473,570
|
|
Of
which reserve for buying originals works from alive artists |
EJ
|
0
|
0% |
0
|
0% |
0
|
|
Profits
or losses brought forward |
DH
|
-28,418,121
|
-64.1% |
-17,322,083
|
0% |
0
|
|
Profit
or loss for the period |
DI
|
-5,799,818
|
47.7% |
-11,096,036
|
35.9% |
-17,322,083
|
|
Investment
grants |
DJ
|
0
|
0% |
0
|
0% |
0
|
|
Special
tax-allowable reserves |
DK
|
0
|
0% |
0
|
0% |
0
|
Other
capital resources (II)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
provisions for risks and charges (Total III) |
DR
|
3,445,576
|
-2.0%
|
3,515,127
|
7.9%
|
3,256,661
|
|
Risk
provisions |
DP
|
3,445,576
|
27.0% |
2,713,557
|
18.5% |
2,289,125
|
|
Reserves
for charges |
DQ
|
0
|
0% |
801,570
|
-17.2% |
967,536
|
Liabilities
(IV)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
Liabilities (Total IV) |
EC
|
97,147,372
|
13.6% |
85,497,475
|
9.8% |
77,869,563
|
|
Convertible
debentures |
DS
|
0
|
0% |
0
|
0% |
0
|
|
Other
debentures |
DT
|
0
|
0% |
0
|
0% |
0
|
|
Bank
loans and liabilities |
DU
|
14,629,698
|
119.2% |
6,674,633
|
-25.0% |
8,896,267
|
|
Sundry
loans and financial liabilities |
DV
|
35,877,917
|
13.4% |
31,627,572
|
51.0% |
20,939,591
|
|
Of
which participating loans |
EI
|
0
|
0% |
0
|
0% |
0
|
|
Advance
payments received for current orders |
DW
|
255,278
|
4.2% |
245,016
|
-8.9% |
268,995
|
|
Trade
accounts payables |
DX
|
29,064,429
|
2.6% |
28,327,004
|
-3.1% |
29,218,190
|
|
Tax
and social security liabilities |
DY
|
14,020,760
|
-5.2% |
14,789,879
|
-1.8% |
15,059,670
|
|
Fixed
asset liabilities |
DZ
|
3,052,022
|
-13.1% |
3,512,252
|
16.8% |
3,006,731
|
|
Other
debts |
EA
|
225,745
|
-24.5% |
299,050
|
-37.3% |
477,024
|
Translation
loss (V)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Translation
loss (Total V) |
ED
|
0
|
0%
|
0
|
0%
|
0
|
Equalization
accounts
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Deferred
income |
EB
|
21,523
|
-2.5% |
22,069
|
613.7% |
3,092
|
References
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Operating
result (Total I-II) |
GG
|
-3,421,159
|
61.8%
|
-8,962,260
|
20.3%
|
-11,242,492
|
2
- Financial result (V-VI)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Financial
result (Total V-VI) |
GV
|
-665,674
|
-12.7%
|
-590,606
|
-73.6%
|
-340,303
|
3
- Pre-tax net operating income result (I to VI)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Pre-tax
net operating income (Total I-II+II-IV+V-VI) |
GW
|
-4,086,830
|
57.2%
|
-9,552,866
|
17.5%
|
-11,582,795
|
4
- Extraordinary result (VII-VIII)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Extraordinary
result (Total VII-VIII) |
HI
|
-1,735,986
|
12.5%
|
-1,983,359
|
66.0%
|
-5,830,093
|
Profit
or loss
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Profit
or loss |
HN
|
-5,799,818
|
47.7%
|
-11,096,035
|
35.9%
|
-17,322,083
|
Total
Income (I+III+V+VII)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
Income (Total I+III+V+VII) |
HL
|
160,326,589
|
-4.3%
|
167,473,579
|
0.0%
|
167,504,673
|
Total
Charges (Total II+IV+VI+VIII+IX+X)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
Charges (Total II+IV+VI+VIII+IX+X) |
HM
|
166,126,405
|
-7.0%
|
178,569,614
|
-3.4%
|
184,826,760
|
Operating
income (I)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
operating income (Total I) |
FR
|
158,625,593
|
-4.2%
|
165,596,409
|
0.9%
|
164,136,481
|
Operating
income (details)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Sale
of goods for resale |
FC
|
152,448,133
|
-3.9% |
158,656,543
|
0.2% |
158,327,430
|
|
France
|
FA
|
152,443,044
|
-3.9% |
158,650,394
|
0.2% |
158,327,430
|
|
Export
|
FB
|
5,089
|
-17.2% |
6,149
|
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
|
1,503,147
|
4.8% |
1,434,140
|
16.9% |
1,226,800
|
|
France
|
FG
|
1,503,147
|
4.8% |
1,434,140
|
16.9% |
1,226,800
|
|
Export
|
FH
|
0
|
0% |
0
|
0% |
0
|
|
Net
turnover |
FL
|
153,951,280
|
-3.8% |
160,090,683
|
0.3% |
159,554,230
|
|
France
|
FJ
|
153,946,191
|
-3.8% |
160,084,534
|
0.3% |
159,554,230
|
|
Export
|
FK
|
5,089
|
-17.2% |
6,149
|
0% |
0
|
|
Stocked
production |
FM
|
0
|
0% |
0
|
0% |
0
|
|
Self-constructed
assets |
FN
|
0
|
0% |
0
|
0% |
0
|
|
Operating
grants |
FO
|
72,259
|
-50.3% |
145,524
|
20.0% |
121,294
|
|
Release
of reserves and provisions |
FP
|
4,365,779
|
-13.9% |
5,069,064
|
14.2% |
4,438,819
|
|
Other
income |
FQ
|
236,274
|
-18.8% |
291,138
|
1215.1% |
22,138
|
Operating
charges (II)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Total
operating charges (Total II) |
GF
|
162,046,751
|
-7.2%
|
174,558,669
|
-0.5%
|
175,378,973
|
Exploitation
charges
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Purchase
of goods for resale |
FS
|
73,241,351
|
5.0% |
69,740,698
|
-6.7% |
74,730,449
|
|
Change
in stocks of goods for resale |
FT
|
-4,766,474
|
-330.4% |
2,068,564
|
145.5% |
-4,542,117
|
|
Purchase
of raw materials |
FU
|
812,372
|
4.3% |
779,100
|
-4.9% |
819,131
|
|
Change
in stocks of raw materials |
FV
|
-140,377
|
-703.0% |
-17,481
|
-238.1% |
-5,171
|
|
Other
external purchases and charges |
FW
|
37,040,759
|
-16.7% |
44,492,740
|
-4.0% |
46,360,763
|
|
Tax,
duty and similar payments |
FX
|
3,025,687
|
-13.0% |
3,475,964
|
-3.9% |
3,615,635
|
|
Payroll
|
FY
|
32,344,564
|
-2.0% |
33,010,295
|
-2.0% |
33,670,695
|
|
Social
security costs |
FZ
|
10,710,635
|
-9.1% |
11,776,541
|
-3.9% |
12,251,667
|
Depreciation
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Depreciation
of fixed assets |
GA
|
4,907,741
|
15.9% |
4,233,428
|
18.7% |
3,565,581
|
|
Amortisation
of fixed assets |
GB
|
0
|
0% |
0
|
0% |
0
|
|
Depreciation/amortisation
of current assets |
GC
|
2,248,391
|
-1.0% |
2,272,146
|
-1.8% |
2,312,720
|
|
Provisions
for risks and charges |
GD
|
1,231,273
|
-12.8% |
1,411,905
|
0.3% |
1,407,376
|
Other
charges
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Other
charges |
GE
|
1,390,829
|
5.8% |
1,314,769
|
10.3% |
1,192,243
|
Operating
charges (III-IV)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
financial income (Total V) |
GP
|
38,525
|
-54.3%
|
84,317
|
-16.4%
|
100,865
|
|
Share
financial income |
GJ
|
182
|
-24.8% |
242
|
-11.4% |
273
|
|
Other
investment income & capitalised receivables |
GK
|
18
|
500.0% |
3
|
-82.4% |
17
|
|
Other
interest and similar income |
GL
|
37,075
|
-22.1% |
47,595
|
-47.1% |
89,929
|
|
Released
provisions and transferred charges |
GM
|
5
|
-99.8% |
3,056
|
-59.1% |
7,474
|
|
Exchange
gains |
GN
|
1,242
|
-96.3% |
33,421
|
954.6% |
3,169
|
|
Net
income from disposal of investment securities |
GO
|
0
|
0% |
0
|
0% |
0
|
Financial
charge (VI)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
financial charge (Total VI) |
GU
|
704,197
|
4.3%
|
674,923
|
53.0%
|
441,168
|
|
Financial
reserves and provisions |
GQ
|
7,023
|
3596.3% |
190
|
-94.0% |
3,182
|
|
Interest
and similar charges |
GR
|
679,635
|
0.7% |
674,733
|
55.1% |
434,950
|
|
Exchange
losses |
GS
|
17,539
|
0% |
0
|
0% |
3,035
|
|
Net
loss from disposal of investment securities |
GT
|
0
|
0% |
0
|
0% |
0
|
Extraordinary
income (VII)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
extraordinary income (Total VII) |
HD
|
1,662,471
|
-7.3%
|
1,792,853
|
-45.1%
|
3,267,327
|
|
Extraordinary
operating income |
HA
|
31,334
|
201.3% |
10,398
|
-95.9% |
254,651
|
|
Extraordinary
income from capital transactions |
HB
|
95,366
|
-67.1% |
290,173
|
-82.4% |
1,646,956
|
|
Released
provisions and transferred charges |
HC
|
1,535,770
|
2.9% |
1,492,282
|
9.3% |
1,365,719
|
Extraordinary
charges (VIII)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
extraordinary charges (Total VIII) |
HH
|
3,398,457
|
-10.0%
|
3,776,213
|
-58.5%
|
9,097,421
|
|
Extraordinary
operating charges |
HE
|
1,773,697
|
-20.3% |
2,225,253
|
3.9% |
2,141,643
|
|
Extraordinary
charges from capital transactions |
HF
|
535,900
|
93.9% |
276,385
|
-80.7% |
1,429,590
|
|
Extraordinary
reserves and provisions |
HG
|
1,088,860
|
-14.6% |
1,274,575
|
-76.9% |
5,526,187
|
Employee
profit sharing (IX)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Employee
profit sharing (Total IX) |
HJ
|
0
|
0%
|
0
|
0%
|
0
|
Tax
on profits (X)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Tax
on profits (Total X) |
HK
|
-23,001
|
94.8%
|
-440,191
|
-384.8%
|
-90,804
|
References
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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% |
11
|
0% |
0
|
|
Decreasess
by transfers |
OK2
|
2,438,157
|
59.2% |
1,531,724
|
0% |
0
|
|
Gross
value at the end of period |
OL
|
151,191,945
|
3.9%
|
145,553,610
|
0%
|
0
|
Research
and development Charge (Total I)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Gross
value at begin of period |
KD
|
89,305,368
|
0.4%
|
88,928,076
|
0%
|
0
|
|
Increasess
due to revaluation |
KE
|
0
|
0% |
0
|
0% |
0
|
|
Increasess,
acquisitions, creations, contributions |
KF
|
24,656
|
-92.4% |
325,769
|
0% |
0
|
|
Decreasess
by budget item transfer |
LV1
|
0
|
0% |
-136,898
|
0% |
0
|
|
Decreasess
by transfers |
LV2
|
457,500
|
435.9% |
85,375
|
0% |
0
|
|
Gross
value at the end of period |
LW
|
88,872,525
|
-0.5%
|
89,305,368
|
0%
|
0
|
Tangible
fixed assets (Total III)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Gross
value at begin of period |
LN
|
54,871,731
|
7.6%
|
50,983,214
|
0%
|
0
|
|
Increasess
due to revaluation |
LO
|
0
|
0% |
0
|
0% |
0
|
|
Increasess,
acquisitions, creations, contributions |
LP
|
7,865,871
|
44.9% |
5,430,107
|
0% |
0
|
|
Decreasess
by budget item transfer |
NG1
|
0
|
0% |
136,909
|
0% |
0
|
|
Decreasess
by transfers |
NG2
|
1,970,986
|
40.3% |
1,404,690
|
0% |
0
|
|
Gross
value at the end of period |
NH
|
60,766,616
|
10.7%
|
54,871,722
|
0%
|
0
|
Financial
assets (Total IV)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Gross
value at begin of period |
LQ
|
1,376,518
|
-2.0%
|
1,404,291
|
0%
|
0
|
|
Increasess
due to revaluation |
LR
|
0
|
0% |
0
|
0% |
0
|
|
Increasess,
acquisitions, creations, contributions |
LS
|
185,956
|
1239.2% |
13,886
|
0% |
0
|
|
Decreasess
by budget item transfer |
NJ1
|
0
|
0% |
0
|
0% |
0
|
|
Decreasess
by transfers |
NJ2
|
9,671
|
-76.8% |
41,659
|
0% |
0
|
|
Gross
value at the end of period |
NK
|
1,552,803
|
12.8%
|
1,376,518
|
0%
|
0
|
Reserve
for depreciation
Situation
and movement of reserve for depreciation - Grand total (I-II-III)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Reserve
for depreciation value at begin of period |
PE
|
1,048,818
|
53.7%
|
682,342
|
77.7%
|
383,948
|
|
Increases
|
PF
|
365,949
|
-0.4% |
367,241
|
23.1% |
298,394
|
|
Decreasess
|
PG
|
0
|
0% |
765
|
0% |
0
|
|
Decreasess
by budget item transfer |
PH
|
1,414,767
|
34.9%
|
1,048,818
|
53.7%
|
682,342
|
Total
fixed assets amotisation (Total III)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Reserve
for depreciation value at begin of period |
QU
|
33,264,141
|
9.3%
|
30,420,610
|
2.2%
|
29,752,139
|
|
Increases
|
QV
|
4,672,767
|
15.2% |
4,056,436
|
14.1% |
3,555,617
|
|
Decreases
|
QW
|
1,892,584
|
56.0% |
1,212,905
|
-58.0% |
2,887,150
|
|
Decreasess
by budget item transfer |
QX
|
36,044,324
|
8.4%
|
33,264,141
|
9.3%
|
30,420,606
|
Movements
during period affecting charge allocated over several period
Deferred
charges and debt issuance costs
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Value
at begining of period |
7C
|
0
|
0%
|
11,623,158
|
0%
|
0
|
|
Increases
|
UB
|
0
|
0% |
4,793,569
|
0% |
0
|
|
Decreases
|
UC
|
0
|
0% |
4,971,542
|
0% |
0
|
|
Value
at the end of period |
UD
|
0
|
0%
|
11,445,185
|
0%
|
0
|
Includes
Total allocations
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Operating
|
UE
|
0
|
0% |
3,684,051
|
0% |
0
|
|
Financial
|
UG
|
0
|
0% |
191
|
0% |
0
|
|
Exceptional
|
UJ
|
0
|
0% |
1,109,327
|
0% |
0
|
Includes
Total Withdrawal
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Operating
|
UF
|
0
|
0% |
3,458,902
|
0% |
0
|
|
Financial
|
UH
|
0
|
0% |
3,056
|
0% |
0
|
|
Exceptional
|
UK
|
0
|
0% |
1,509,583
|
0% |
0
|
Total
regulated provisions (Total I)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Value
at begining of period |
5Z
|
0
|
0%
|
3,256,662
|
0%
|
0
|
|
Increases
|
TV
|
0
|
0% |
2,496,423
|
0% |
0
|
|
Decreases
|
TW
|
0
|
0% |
2,237,956
|
0% |
0
|
|
Value
at the end of period |
TX
|
0
|
0%
|
3,515,129
|
0%
|
0
|
Total
Provision for depreciation (Total III)
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Value
at begining of period |
7B
|
0
|
0%
|
8,366,496
|
0%
|
0
|
|
|
Increases
|
TY
|
0
|
0% |
2,297,146
|
0% |
0
|
|
|
Decreases
|
TZ
|
0
|
0% |
2,733,586
|
0% |
0
|
|
|
Value
at the end of period |
UA
|
0
|
0%
|
7,930,056
|
0%
|
0
|
State
deadlines claims and debts at the end of period
State
claims
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Gross
value |
VT
|
9,291,014
|
0% |
0
|
0% |
0
|
|
1
year at most |
VU
|
9,291,014
|
0% |
0
|
0% |
0
|
|
More
than one year |
VV
|
0
|
0% |
0
|
0% |
0
|
State
of loans
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
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
|
209,295
|
0% |
0
|
0% |
0
|
|
Loans
(1 year at most) |
UR
|
209,295
|
0% |
0
|
0% |
0
|
|
Other
financial assets (gross) |
UT
|
1,337,299
|
0% |
0
|
0% |
0
|
|
Other
financial assets (1 year at most) |
UV
|
1,337,299
|
0% |
0
|
0% |
0
|
Receivables
statement of assets
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Customers
doubtful or disputed |
VA
|
54,345
|
0% |
0
|
0% |
0
|
|
Other
claims customer |
UX
|
207,680
|
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
|
4,082,633
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Prepaid
|
VS
|
3,399,762
|
0% |
0
|
0% |
0
|
State
Debt
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
||
|
Total
debt (gross) |
VY
|
96,892,094
|
0%
|
0
|
0%
|
0
|
|
1
year at most |
VZ2
|
96,892,094
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
14,629,698
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
VH2
|
14,629,698
|
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
|
35,877,917
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8A2
|
35,877,917
|
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
|
29,064,429
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8B2
|
29,064,429
|
0% |
0
|
0% |
0
|
|
|
More
than 1 year and 5 years at most |
8B3
|
29,064,429
|
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
|
14,020,760
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8D2
|
14,020,760
|
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
|
3,052,022
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8J2
|
3,052,022
|
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
|
225,745
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8K2
|
225,745
|
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
|
21,523
|
0%
|
0
|
0%
|
0
|
|
|
1
year at most |
8L2
|
21,523
|
0% |
0
|
0% |
0
|
|
|
More
than 1 year and 5 years at most |
8L3
|
0
|
0% |
0
|
0% |
0
|
References
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Dividends
|
ZE
|
0
|
0% |
0
|
0% |
0
|
Commitments
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
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
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Average
number of employees |
YP
|
0
|
0% |
1,339
|
-5.4% |
1,416
|
Groups
and Shareholders
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|||
|
Groups
and Shareholders |
ZR
|
0
|
-
|
-
|
-
|
-
|
Ratios
Synthetic
financial performance indicators
|
31/12/2015 |
31/12/2014 |
31/12/2013 |
|||||||||||||||||
|
Score |
Situation |
Score |
Situation |
Score |
Situation |
||||||||||||||
|
Hide
AFDCC 2 |
- |
- |
- |
- |
- |
- |
|||||||||||||
|
Description |
|
||||||||||||||||||
|
Hide
Conan & Holder |
0.07 |
50% |
0.03 |
60% |
0.02 |
70% |
|||||||||||||
|
Description |
|
||||||||||||||||||
|
Hide
Altman |
- |
- |
- |
- |
- |
- |
|||||||||||||
|
Description |
|
||||||||||||||||||
Structure
and Liquidity
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Fixed
Asset Financing |
1.02
|
2.0% |
1.00
|
-2.9% |
1.03
|
1.23
|
-17.1% |
|
Global
Debt |
227
days |
18.2% |
192
days |
9.1% |
176
days |
179
days |
26.8% |
|
Working
Capital Fund overall net |
8
days |
0% |
0
days |
0% |
8
days |
39
days |
-79.5% |
|
Financial
independence |
114.42
% |
-31.1% |
166.02
% |
-33.7% |
250.32
% |
61.43
% |
86.3% |
|
Solvability
|
36.49
% |
-12.4% |
41.67
% |
-13.1% |
47.93
% |
27.46
% |
32.9% |
|
Capacity
debt futures |
395.01
% |
-
|
-
|
-
|
-
|
768.38
% |
-48.6% |
|
Coverage
of current assets by net working capital overall |
6.79
% |
1576.1% |
-0.46
% |
-106.6% |
6.98
% |
31.61
% |
-78.5% |
|
General
Liquidity |
0.10
|
-
|
-
|
-
|
-
|
0.10
|
0% |
|
Restricted
Liquidity |
0.12
|
-
|
-
|
-
|
-
|
0.35
|
-65.7% |
Management
or rotation
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Need
background in operating working capital |
-7
days |
58.8% |
-17
days |
-13.3% |
-15
days |
15
days |
-146.7% |
|
Treasury
|
5
days |
-50.0% |
10
days |
-44.4% |
18
days |
2
days |
150.0% |
|
Inventory
turnover of goods |
221
days |
18.8% |
186
days |
-7.5% |
201
days |
147
days |
50.3% |
|
Average
length of credit granted to customers |
1
days |
0% |
1
days |
0% |
1
days |
0
days |
0% |
|
Average
length of credit obtained suppliers |
99
days |
13.8% |
87
days |
-3.3% |
90
days |
48
days |
106.3% |
|
Inventory
turnover of raw materials in industrial enterprises |
231
days |
31.3% |
176
days |
9.3% |
161
days |
0
days |
0% |
|
Inventory
turnover of intermediate and finished products in the industrial enterprise |
-
|
-
|
-
|
-
|
-
|
452
days |
-
|
|
Rotation
tangible assets |
253.35
% |
-13.2% |
291.75
% |
-
|
-
|
495.74
% |
-48.9% |
Profitability
of the business
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Margin
trading |
54.55
% |
0.6% |
54.25
% |
-1.8% |
55.24
% |
43.19
% |
26.3% |
|
Profitability
of the business |
1.14
% |
135.8% |
-3.18
% |
29.8% |
-4.53
% |
4.06
% |
-71.9% |
|
Net
profit |
-3.77
% |
45.6% |
-6.93
% |
36.2% |
-10.86
% |
1.70
% |
-321.8% |
|
Growth
rate of turnover (excluding VAT) |
-3.83
% |
-1226.5% |
0.34
% |
115.3% |
-2.22
% |
-1.63
% |
-135.0% |
|
Rates
integration |
31.03
% |
15.4% |
26.88
% |
1.7% |
26.44
% |
24.15
% |
28.5% |
|
Rate
leasing furniture |
0.00
% |
0% |
0.00
% |
0% |
0.00
% |
0.00
% |
0% |
|
Work
Factor |
90.14
% |
-13.4% |
104.09
% |
-4.4% |
108.84
% |
71.85
% |
25.5% |
|
Weight
interests |
0.46
% |
9.5% |
0.42
% |
50.0% |
0.28
% |
0.44
% |
4.5% |
Return
on capital
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
Sector Median 2015 |
||
|
Cash
flow from the overall profitability |
0.42
% |
106.4% |
-6.60
% |
-24.8% |
-5.29
% |
3.93
% |
-89.3% |
|
Rates
of economic profitability |
2.00
% |
140.0% |
-5.00
% |
28.6% |
-7.00
% |
9.87
% |
-79.7% |
|
Financial
profitability |
57,789,306.00
% |
-9.1% |
63,589,125.00
% |
-14.9% |
74,685,161.00
% |
3,578.00
% |
1615028.7% |
|
Return
on investment |
-4.71
% |
54.0% |
-10.23
% |
36.7% |
-16.15
% |
6.15
% |
-176.6% |
Management
intermediate balances
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
||||||||||
|
Turnover
|
153,951,280
|
-3.8%
|
160,090,683
|
0.3%
|
159,554,230
|
|
|
219,291
|
70104.1%
|
|||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
||||||||||
|
Sales
of goods |
152,448,133
|
-3.9% |
158,656,543
|
0.2% |
158,327,430
|
|
-
|
|||||||||
|
-
Purchase of goods |
73,241,351
|
5.0% |
69,740,698
|
-6.7% |
74,730,449
|
|
-
|
|||||||||
|
+/-
Stock of goods variation |
-4,766,474
|
-330.4% |
2,068,564
|
145.5% |
-4,542,117
|
|
-
|
|||||||||
|
Trading
margin |
83,973,256
€ |
-3.3%
|
86,847,281
€ |
-1.5%
|
88,139,098
€ |
|
|
88,123
€ |
95191.0%
|
|||||||
|
54.55
% CA |
0.6%
|
54.25
% CA |
-1.8%
|
55.24
% CA |
|
|
43.60
% CA |
25.1%
|
||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Sale
of goods produced |
1,503,147
|
4.8% |
1,434,140
|
16.9% |
1,226,800
|
|
-
|
||||||||||
|
+/-
Stocked production |
0
|
0% |
0
|
0% |
0
|
|
-
|
||||||||||
|
+
Self-constructed assets |
0
|
0% |
0
|
0% |
0
|
|
-
|
||||||||||
|
Period
production |
1,503,147
€ |
4.8%
|
1,434,140
€ |
16.9%
|
1,226,800
€ |
|
|
0
€ |
0%
|
||||||||
|
0.98
% CA |
8.9%
|
0.90
% CA |
16.9%
|
0.77
% CA |
|
|
0.00
% CA |
0%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Trading
margin |
83,973,256
|
-3.3%
|
86,847,281
|
-1.5%
|
88,139,098
|
|
|
88,123
|
95191.0%
|
||||||||
|
+
Period Production |
1,503,147
|
4.8%
|
1,434,140
|
16.9%
|
1,226,800
|
|
|
0
|
0%
|
||||||||
|
-
Purchase of raw materials |
812,372
|
4.3% |
779,100
|
-4.9% |
819,131
|
|
-
|
||||||||||
|
+/-
Change in stocks of raw materiels |
-140,377
|
-703.0% |
-17,481
|
-238.1% |
-5,171
|
|
-
|
||||||||||
|
-
Other external purchases and charges |
37,040,759
|
-16.7% |
44,492,740
|
-4.0% |
46,360,763
|
|
-
|
||||||||||
|
Added
value |
47,763,649
€ |
11.0%
|
43,027,062
€ |
2.0%
|
42,191,175
€ |
|
|
56,202
€ |
84885.7%
|
||||||||
|
31.03
% CA |
15.4%
|
26.88
% CA |
1.7%
|
26.44
% CA |
|
|
24.15
% CA |
28.5%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Added
value |
47,763,649
€ |
11.0%
|
43,027,062
€ |
2.0%
|
42,191,175
€ |
|
|
56,202
€ |
84885.7%
|
||||||||
|
+
Operating grants |
72,259
|
-50.3% |
145,524
|
20.0% |
121,294
|
|
-
|
||||||||||
|
-
Tax, duty and similar payments |
3,025,687
|
-13.0% |
3,475,964
|
-3.9% |
3,615,635
|
|
-
|
||||||||||
|
-
Personal charges |
43,055,199
|
-3.9% |
44,786,836
|
-2.5% |
45,922,362
|
|
-
|
||||||||||
|
Gross
operating surplus |
1,755,022
€ |
134.5%
|
-5,090,214
€ |
29.6%
|
-7,225,528
€ |
|
|
8,024
€ |
21772.2%
|
||||||||
|
1.14
% CA |
135.8%
|
-3.18
% CA |
29.8%
|
-4.53
% CA |
|
|
4.06
% CA |
-71.9%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Gross
operating surplus |
1,755,022
€ |
134.5%
|
-5,090,214
€ |
29.6%
|
-7,225,528
€ |
|
|
8,024
€ |
21772.2%
|
||||||||
|
+
Release of reserves and provisions |
4,365,779
|
-13.9% |
5,069,064
|
14.2% |
4,438,819
|
|
-
|
||||||||||
|
+
Other operating income |
236,274
|
-18.8% |
291,138
|
1215.1% |
22,138
|
|
-
|
||||||||||
|
-
Depreciation/ Amortisation |
8,387,405
|
5.9% |
7,917,479
|
8.7% |
7,285,677
|
|
-
|
||||||||||
|
-
Other charges |
1,390,829
|
5.8% |
1,314,769
|
10.3% |
1,192,243
|
|
-
|
||||||||||
|
Operating
result |
-3,421,159
€ |
61.8%
|
-8,962,260
€ |
20.3%
|
-11,242,491
€ |
|
|
4,563
€ |
-75076.1%
|
||||||||
|
-2.22
% CA |
60.4%
|
-5.60
% CA |
20.6%
|
-7.05
% CA |
|
|
2.26
% CA |
-198.2%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Operating
result |
-3,421,159
€ |
61.8%
|
-8,962,260
€ |
20.3%
|
-11,242,491
€ |
|
|
4,563
€ |
-75076.1%
|
||||||||
|
+/-
Result of joint-venture transferred from/to other partners |
0
|
0% |
0
|
0% |
0
|
|
-
|
||||||||||
|
+
Financial income |
38,525
|
-54.3% |
84,317
|
-16.4% |
100,865
|
|
-
|
||||||||||
|
-
Financial charges |
704,197
|
4.3% |
674,923
|
53.0% |
441,168
|
|
-
|
||||||||||
|
Pre-tax
result |
-4,086,831
€ |
57.2%
|
-9,552,866
€ |
17.5%
|
-11,582,794
€ |
|
|
3,395
€ |
-120477.9%
|
||||||||
|
-2.65
% CA |
55.6%
|
-5.97
% CA |
17.8%
|
-7.26
% CA |
|
|
1.71
% CA |
-255.0%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||||||||
|
Extraordinary
income |
1,662,471
|
-7.3% |
1,792,853
|
-45.1% |
3,267,327
|
|
|
0
|
0% |
||||||||
|
-
Extraordinary charges |
3,398,457
|
-10.0% |
3,776,213
|
-58.5% |
9,097,421
|
|
-
|
||||||||||
|
Extraordinary
result |
-1,735,986
€ |
12.5%
|
-1,983,360
€ |
66.0%
|
-5,830,094
€ |
|
|
0
€ |
0%
|
||||||||
|
-1.13
% CA |
8.9%
|
-1.24
% CA |
66.0%
|
-3.65
% CA |
|
|
0.00
% CA |
0%
|
|||||||||
|
31/12/2015 |
Variation |
31/12/2014 |
Variation |
31/12/2013 |
|
Sector Median 2015 |
|||||
|
Pre-tax
result |
-4,086,831
€ |
57.2%
|
-9,552,866
€ |
17.5%
|
-11,582,794
€ |
|
|
3,395
€ |
-120477.9%
|
||
|
Extraordinary
result |
-1,735,986
€ |
12.5%
|
-1,983,360
€ |
66.0%
|
-5,830,094
€ |
|
|
0
€ |
0%
|
||
|
-
Employee profit sharing |
0
|
0% |
0
|
0% |
0
|
|
-
|
||||
|
-
Tax on profits |
-23,001
|
94.8% |
-440,191
|
-384.8% |
-90,804
|
|
-
|
||||
|
Net
result |
-5,799,816
€ |
47.7%
|
-11,096,035
€ |
35.9%
|
-17,322,084
€ |
|
|
3,510
€ |
-165336.9%
|
||
|
-3.77
% CA |
45.6%
|
-6.93
% CA |
36.2%
|
-10.86
% CA |
|
|
1.71
% CA |
-320.5%
|
|||
Key Performance Indicators
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
153,951,280
€ |
160,090,683
€ |
159,554,230
€ |
|
Sector
Average |
1,401,480
€ |
1,417,322
€ |
1,422,433
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
-5,799,818
€ |
-11,096,035
€ |
-17,322,083
€ |
|
Sector
Average |
7,184
€ |
6,065
€ |
17,126
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
5,089
€ |
6,149
€ |
0
€ |
|
Sector
Average |
92,520
€ |
91,622
€ |
89,265
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
158,382,254
€ |
152,601,727
€ |
155,811,385
€ |
|
Sector
Average |
997,669
€ |
1,018,296
€ |
1,006,409
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
57,789,306
€ |
63,589,125
€ |
74,685,161
€ |
|
Sector
Average |
356,899
€ |
349,157
€ |
349,100
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
97,147,372
€ |
85,497,475
€ |
77,869,563
€ |
|
Sector
Average |
626,154
€ |
657,069
€ |
644,704
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
-7
€ |
-17
€ |
-15
€ |
|
Sector
Average |
47
€ |
-20
€ |
-225
€ |
|
31/12/2015
|
31/12/2014
|
31/12/2013
|
|
|
Company
Result |
1,755,022
€ |
-5,090,214
€ |
-7,225,528
€ |
|
Sector
Average |
69,424
€ |
70,509
€ |
85,214
€ |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.06 |
|
|
1 |
INR 91.50 |
|
Euro |
1 |
INR 79.78 |
|
Euro |
1 |
INR 79.56 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRA |
|
|
|
|
Report Prepared
by : |
KET |
RATING EXPLANATIONS
|
Credit Rating |
Explanation |
Rating Comments |
|
A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
A+ |
Low Risk |
Business dealings permissible with low
risk of default |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
|
C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
|
D |
High Risk |
Business dealing not recommended or on
secured terms only |
|
NB |
New Business |
No recommendation can be done due to
business in infancy stage |
|
NT |
No Trace |
No recommendation can be done as the
business is not traceable |
NB is stated where there is insufficient information to facilitate rating. However, it is not to be considered as unfavourable.
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 are as follows:
·
Financial
condition covering various ratios
·
Company
background and operations size
·
Promoters
/ Management background
·
Payment
record
·
Litigation
against the subject
·
Industry
scenario / competitor analysis
·
Supplier
/ Customer / Banker review (wherever available)
This report is issued at
your request without any risk and responsibility on the part of MIRA INFORM
PRIVATE LIMITED (MIPL) or its officials.