|
|
|
MIRA
INFORM REPORT
|
Report No. : |
503128 |
|
Report Date : |
12.04.2018 |
IDENTIFICATION DETAILS
|
Name : |
ECG NV |
|
|
|
|
Registered Office : |
Diepemeers 45 8970 Poperinge |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
28.02.2017 |
|
|
|
|
Date of Incorporation : |
23.12.1983 |
|
|
|
|
Com. Reg. No.: |
425179407 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Wholesale of wearing
apparel, except work and underwear |
|
|
|
|
No. of Employees : |
20 |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd January
2017)
|
MIRA’s Rating : |
A |
|
Credit Rating |
Explanation |
Rating Comments |
|
A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
|
Status : |
Satisfactory |
|
|
|
|
Payment Behaviour : |
No Complaints |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
Belgium |
A2 |
A2 |
|
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 |
BELGIUM - ECONOMIC OVERVIEW
Belgium’s central geographic location and highly developed transport
network have helped develop a well-diversified economy, with a broad mix of
transport, services, manufacturing, and high tech. Service and high-tech
industries are concentrated in the northern Flanders region while the southern
region of Wallonia is home to industries like coal and steel manufacturing.
Belgium is completely reliant on foreign sources of fossil fuels, and the
planned closure of its seven nuclear plants by 2025 should increase its dependence
on foreign energy. Its role as a regional logistical hub makes its economy
vulnerable to shifts in foreign demand, particularly with EU trading partners.
Roughly three-quarters of Belgium's trade is with other EU countries, and the
port of Zeebrugge conducts almost half its trade with the United Kingdom alone,
leaving Belgium’s economy vulnerable to the outcome of negotiations on the UK’s
exit from the EU.
Belgium’s GDP grew by 1.7% in 2017 and the budget deficit was 1.5% of
GDP. Unemployment stood at 7.3%, however the unemployment rate is lower in
Flanders than Wallonia, 4.4% compared to 9.4%, because of industrial
differences between the regions. The economy largely recovered from the March
2016 terrorist attacks that mainly impacted the Brussels region tourist and
hospitality industry. Prime Minister Charles MICHEL's center-right government
has pledged to further reduce the deficit in response to EU pressure to
decrease Belgium's high public debt of about 104% of GDP, but such efforts
could also dampen economic growth. In addition to restrained public spending,
low wage growth and higher inflation 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 labor market rules and welfare
benefits. These changes have generally made Belgian wages more competitive
regionally, but risk worsening tensions with trade unions and triggering
extended strikes. In 2017, Belgium approved a tax reform plan to ease corporate
rates from 33% to 29% by 2018 and down to 25% by 2020. The tax plan also
included benefits for innovation and SMEs, intended to spur competitiveness and
private investment.
|
Source
: CIA |
Company summary
|
Business number |
425179407 |
|
Branche Unit Number |
2030171792 |
|
Company name |
ECG NV |
|
Address |
DIEPEMEERS 45 8970 POPERINGE |
|
Date of establishment |
23/12/1983 |
|
Telephone number |
3257346300 |
|
Mobile number |
- |
|
Fax number |
057334156 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0425.179.407 Check VAT
number |
Ultimate holding company
|
Company name |
Company Number |
|
SHOPINVEST NV |
440907956 |
Commentary
The business was
established over 34 years ago.
The business has 20
employees.
The business is part
of a group.
The business has been
at the address for over 16 years.
Operating Result in
the latest trading period decreased 1908%
on the previous trading period.
Pre-tax profits decreased
by 107% compared to the previous trading
period.
The business saw a
decrease in their Cash Balance of 60%
during the latest trading period.
Annual accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
28/02/2017 |
34,934,317 |
-79,246 |
7,116,577 |
7,530,669 |
|
29/02/2016 |
40,212,984 |
1,065,430 |
7,297,687 |
7,682,229 |
|
28/02/2015 |
35,410,036 |
2,681,131 |
6,322,997 |
3,731,331 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
28/02/2017 |
15,616,393 |
20 |
905,982 |
-17,751 |
|
29/02/2016 |
14,287,528 |
21 |
905,982 |
1,063,126 |
|
28/02/2015 |
10,220,042 |
18 |
905,982 |
1,957,583 |
Payment expectations
|
Past payments |
|
Payment expectation days |
22.39 |
|
Industry average payment |
140.15 |
Industry average day
sales |
83.78 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
54.19 |
|
|
Court data summary
BANKRUPTCY
DETAILS
|
Court action type |
no |
PROTESTED
BILLS
|
Bill amount |
- |
NSSO
DETAILS
|
Date of summons |
- |
Company information
|
Business number |
425179407 |
Company name |
ECG NV |
|
Fax number |
057334156 |
Date founded |
23/12/1983 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
28/02/2017 |
|
Activity code |
46423 |
Number of staff |
20 |
|
Activity description |
Wholesale of wearing
apparel, except work and underwear |
|
|
|
Belgian Bullettin of Acts
Publications |
moniteur belge |
|
|
Contractor details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel (NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Joint Industrial
Committee (JIC) |
|
|
JIC Code |
109 |
|
Description |
JC for the industry
of the clothing and garments firms |
|
category |
|
|
JIC Code |
215 |
|
Description |
JC for the
employees in the cloting and garments
firms |
|
category |
|
|
Significant Events |
|
|
Event Date |
03/12/2014 |
|
Event Description |
|
|
Event Details |
De algemene vergadering beslist tot vermindering van de fractiewaarde van de bestaande aandelen, dit door creatie van 97624 bijkomende aandelen, zodat het kapitaal uiteindelijk is samengesteld uit 100000 aandelen. Wijziging Artikel 7: De aa |
|
Event Date |
03/12/2014 |
|
Event Description |
|
|
Event Details |
ndelen zijn op naam. |
Company accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
28-02-2017 |
% |
29-02-2016 |
% |
28-02-2015 |
% |
28-02-2014 |
% |
28-02-2013 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
2,723,972 |
2.68 |
2,652,970 |
2.33 |
2,592,681 |
322 |
613,588 |
-12.98 |
705,090 |
|
Intangible fixed assets |
138,064 |
268 |
37,512 |
47085 |
80 |
-80.0 |
398 |
-46.43 |
742 |
|
Tangible fixed assets |
89,817 |
-24.76 |
119,367 |
20.45 |
99,097 |
-15.91 |
117,844 |
924 |
11,499 |
|
Land & building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant & machinery |
29,997 |
24.74 |
24,047 |
42.36 |
16,892 |
46.36 |
11,541 |
0.36 |
11,499 |
|
Furniture & Vehicles |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Leasing & Other
Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
59,820 |
-37.24 |
95,320 |
15.95 |
82,205 |
-22.67 |
106,302 |
- |
0 |
|
Financial fixed assets |
2,496,091 |
0 |
2,496,091 |
0.10 |
2,493,504 |
403 |
495,347 |
-28.51 |
692,849 |
|
Total current assets |
12,892,421 |
10.81 |
11,634,557 |
52.54 |
7,627,361 |
1.11 |
7,543,993 |
50.18 |
5,023,356 |
|
Inventories |
1,002,745 |
-19.23 |
1,241,448 |
1030 |
109,813 |
-74.16 |
425,031 |
463 |
75,390 |
|
Raw materials &
consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
992,094 |
-5.36 |
1,048,330 |
854 |
109,813 |
-74.16 |
425,031 |
463 |
75,390 |
|
Other stocks |
10,651 |
-94.48 |
193,119 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
5,186,848 |
10.30 |
4,702,570 |
8.56 |
4,331,854 |
176 |
1,568,012 |
72.55 |
908,706 |
|
Other amounts receivable |
6,352,528 |
31.41 |
4,834,307 |
197 |
1,627,668 |
578 |
239,856 |
-50.82 |
487,735 |
|
Cash |
312,544 |
-60.84 |
798,031 |
-47.21 |
1,511,636 |
-71.16 |
5,241,066 |
48.79 |
3,522,516 |
|
Miscellaneous current assets |
37,756 |
-35.13 |
58,201 |
25.46 |
46,390 |
17.06 |
39,627 |
36.60 |
29,009 |
|
Total Assets |
15,616,393 |
9.30 |
14,287,528 |
39.80 |
10,220,042 |
25.28 |
8,157,580 |
42.40 |
5,728,447 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
7,254,641 |
-1.10 |
7,335,199 |
16.01 |
6,323,076 |
-1.43 |
6,414,851 |
68.35 |
3,810,331 |
|
Issued share capital |
905,982 |
0 |
905,982 |
0 |
905,982 |
0 |
905,982 |
0 |
905,982 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
6,348,659 |
-1.25 |
6,429,217 |
18.68 |
5,417,094 |
-1.67 |
5,508,869 |
89.68 |
2,904,349 |
|
Provisions for
Liabilities & Charges |
0 |
- |
0 |
-100 |
935 |
-89.88 |
9,244 |
-63.04 |
25,013 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
8,361,752 |
20.27 |
6,952,329 |
78.45 |
3,896,030 |
124 |
1,733,486 |
-8.43 |
1,893,102 |
|
Other long term loans |
3,000,000 |
0 |
3,000,000 |
- |
0 |
- |
0 |
- |
0 |
|
Other long term
liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
3,000,000 |
0 |
3,000,000 |
320594 |
935 |
-89.88 |
9,244 |
-63.04 |
25,013 |
|
Current portion of
long term debt |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial debts |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade creditors |
2,191,834 |
179 |
785,530 |
-33.04 |
1,173,085 |
-16.20 |
1,399,922 |
-11.75 |
1,586,284 |
|
Amounts Payable for
Taxes, |
168,866 |
1.88 |
165,746 |
-49.41 |
327,628 |
-1.14 |
331,392 |
9.89 |
301,568 |
|
Remuneration & Social
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current
liabilities |
3,001,053 |
0 |
3,001,053 |
25.29 |
2,395,317 |
110172 |
2,172 |
-58.63 |
5,250 |
|
Total current liabilities |
5,361,752 |
35.66 |
3,952,329 |
1.45 |
3,896,030 |
124 |
1,733,486 |
-8.43 |
1,893,102 |
|
Total Liabilities |
15,616,393 |
9.30 |
14,287,528 |
39.80 |
10,220,042 |
25.28 |
8,157,580 |
42.40 |
5,728,447 |
Ratio analysis
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-0.23 |
-108 |
2.65 |
-64.99 |
7.57 |
6.77 |
7.09 |
-18.60 |
8.71 |
|
Return on capital
employed |
-0.77 |
-107 |
10.31 |
-75.68 |
42.40 |
-1.46 |
43.03 |
-21.13 |
54.56 |
|
Return on total
assets employed |
-0.51 |
-106 |
7.46 |
-71.56 |
26.23 |
-22.60 |
33.89 |
-7.23 |
36.53 |
|
Return on net
assets employed |
-1.09 |
-107 |
14.52 |
-65.75 |
42.40 |
-1.60 |
43.09 |
-21.54 |
54.92 |
|
Sales / net working
capital |
4.64 |
-11.28 |
5.23 |
-44.89 |
9.49 |
41.43 |
6.71 |
-12.52 |
7.67 |
|
Stock turnover ratio |
2.87 |
-7.12 |
3.09 |
896 |
0.31 |
-71.56 |
1.09 |
251 |
0.31 |
|
Creditor days |
22.39 |
213 |
7.14 |
-45.03 |
12.99 |
-7.61 |
14.06 |
-46.72 |
26.39 |
|
Debtor days |
54.19 |
26.97 |
42.68 |
-4.41 |
44.65 |
204 |
14.67 |
6.23 |
13.81 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
2.40 |
-18.37 |
2.94 |
50.0 |
1.96 |
-54.94 |
4.35 |
64.15 |
2.65 |
|
Liquidity ratio /
acid ratio |
2.22 |
-15.59 |
2.63 |
36.27 |
1.93 |
-53.04 |
4.11 |
57.47 |
2.61 |
|
Current debt ratio |
0.74 |
37.04 |
0.54 |
-12.90 |
0.62 |
129 |
0.27 |
-46.00 |
0.50 |
|
Cashflow |
-17,751 |
-101 |
1,063,126 |
-45.69 |
1,957,583 |
-25.76 |
2,636,986 |
85.23 |
1,423,642 |
|
Net worth |
7,116,577 |
-2.48 |
7,297,687 |
15.41 |
6,322,997 |
-1.43 |
6,414,453 |
68.38 |
3,809,589 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
41.35 |
1.10 |
40.90 |
- |
- |
- |
- |
- |
- |
|
Equity in percentage |
46.87 |
-8.95 |
51.48 |
-16.79 |
61.87 |
-21.33 |
78.64 |
18.22 |
66.52 |
|
Total debt ratio |
1.15 |
21.05 |
0.95 |
53.23 |
0.62 |
129 |
0.27 |
-46.00 |
0.50 |
|
Working capital |
7,530,669 |
-1.97 |
7,682,229 |
105 |
3,731,331 |
-35.78 |
5,810,507 |
85.62 |
3,130,254 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
35,371,427 |
-13.65 |
40,962,687 |
13.57 |
36,068,526 |
-8.83 |
39,563,185 |
55.78 |
25,396,340 |
|
Turnover |
34,934,317 |
-13.13 |
40,212,984 |
13.56 |
35,410,036 |
-9.23 |
39,012,674 |
62.47 |
24,012,515 |
|
Total operating expenses |
35,735,447 |
-11.04 |
40,168,689 |
21.85 |
32,964,759 |
-9.31 |
36,350,184 |
65.67 |
21,941,612 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
35,371,427 |
-13.56 |
40,918,393 |
21.70 |
33,623,249 |
-8.88 |
36,900,695 |
58.20 |
23,325,437 |
|
Employee costs |
1,127,202 |
-1.56 |
1,145,112 |
17.05 |
978,304 |
31.21 |
745,576 |
42.77 |
522,238 |
|
Wages and salary |
657,885 |
-0.49 |
661,110 |
21.62 |
543,595 |
36.11 |
399,379 |
35.31 |
295,168 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
219,121 |
-6.82 |
235,149 |
20.86 |
194,571 |
35.93 |
143,136 |
45.45 |
98,408 |
|
Other employee costs |
250,196 |
0.54 |
248,852 |
3.63 |
240,138 |
18.26 |
203,061 |
57.83 |
128,662 |
|
Director remuneration |
637,000 |
18.78 |
536,292 |
119 |
244,450 |
-69.76 |
808,281 |
- |
- |
|
Amortization and depreciation |
62,808 |
23.15 |
51,003 |
3.33 |
49,357 |
52.03 |
32,466 |
648 |
4,338 |
|
Operating result |
-801,130 |
-1908 |
44,295 |
-98.19 |
2,445,277 |
-8.16 |
2,662,490 |
28.57 |
2,070,903 |
|
Total financial income |
1,238,055 |
-39.24 |
2,037,659 |
137 |
858,143 |
43.73 |
597,039 |
-22.39 |
769,257 |
|
Total financial expenses |
516,172 |
-49.22 |
1,016,523 |
63.35 |
622,290 |
25.66 |
495,231 |
-33.76 |
747,684 |
|
Results on ordinary
operations |
-79,246 |
-107 |
1,065,430 |
-60.26 |
2,681,131 |
-3.01 |
2,764,298 |
32.11 |
2,092,476 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
718,689 |
- |
- |
|
Extraordinary Charges |
- |
- |
1,345 |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
- |
- |
-1,345 |
- |
- |
- |
718,689 |
- |
0 |
|
Results for the
Year Before |
-79,246 |
-107 |
1,064,085 |
-60.31 |
2,681,131 |
-23.02 |
3,482,987 |
66.45 |
2,092,476 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
1,312 |
-97.48 |
51,963 |
-93.28 |
772,905 |
-12.02 |
878,467 |
30.50 |
673,172 |
|
Results on ordinary
operations after taxation |
-80,558 |
-107 |
1,013,468 |
-46.89 |
1,908,226 |
1.19 |
1,885,831 |
32.87 |
1,419,305 |
|
Net result |
-80,558 |
-107 |
1,012,123 |
-46.96 |
1,908,226 |
-26.73 |
2,604,520 |
83.51 |
1,419,305 |
|
Profit (Loss) for
the Year to be appropiated |
-80,558 |
-107 |
1,012,123 |
-46.96 |
1,908,226 |
-26.73 |
2,604,520 |
83.51 |
1,419,305 |
|
Dividends |
- |
- |
- |
- |
2,000,000 |
- |
- |
- |
- |
Social Balance Sheet Details
|
Social Balance Sheet
Details |
|
|
Social Balance Sheet |
Total |
|
During the reporting year |
|
|
ended 28-02-2017 |
|
|
Full-time Employees |
20 |
|
Part-time Employees |
0 |
|
Total Fte Employees |
20 |
|
Number of hours worked |
|
|
Full-time Employees |
33,244 |
|
Part-time Employees |
398 |
|
Total |
33,642 |
|
Personnel Charges |
|
|
Full-time Employees |
1,113,884 |
|
Part-time Employees |
13,319 |
|
Total |
1,127,202 |
|
Benefits In Addition
To Wages |
- |
|
During the previous
reporting year |
|
|
Average number employees
in Fte |
21 |
|
Actual working hours |
34,448 |
|
Personnel Charges |
1,145,112 |
|
Benefits In Addition
To Wages |
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
19 |
- |
19 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
- |
- |
- |
|
Contracts For Specific
Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
Gender
and Education Level
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
- |
- |
- |
|
Higher education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
1 |
- |
1 |
|
Higher education (non |
14 |
- |
14 |
|
university) |
|
|
|
|
Higher education |
4 |
- |
4 |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White collar worker |
18 |
- |
18 |
|
Blue collar worker |
1 |
- |
1 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of
temporary staff |
|
1 |
|
|
Actual working hours |
|
2,349 |
|
|
Cost of temporary staff |
|
71,293 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
3 |
1 |
4 |
|
Leavers |
5 |
1 |
6 |
|
Total of formal continuing
vocational training initiatives |
|
|
|
for workers paid by
the employer |
Male |
Female |
|
Number of employees |
1 |
18 |
|
Number of training hours |
8 |
210 |
|
Net costs for enterprise |
1,209 |
10,191 |
|
Total of less formal
and informal continuing vocational |
|
|
|
training initiatives for
workers paid by the employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
|
Total of initial
training initiatives at the expense of
the |
|
|
|
employer |
Male |
Female |
|
Number of employees |
- |
- |
|
Number of training hours |
- |
- |
|
Net costs for enterprise |
- |
- |
Industry comparison
|
Activity code |
46423 |
|
Activity description |
Wholesale of wearing
apparel, except work and underwear |
Payment Information
|
Payment Information Summary |
|
|
Total number of
Invoices available |
99 |
|
Total number of
Invoices paid within or up to 30
days after the due date |
81 |
|
Total number of
Invoices paid more than 30 days
after the due date |
18 |
|
Total number of
Invoices currently outstanding where the
due date has not yet been reached |
0 |
|
Total number of
Invoices currently outstanding beyond the
due date |
0 |
Suspension
of payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment expectations
|
Payment expectation days |
22.39 |
|
Day sales outstanding |
54.19 |
Industry comparison
|
Activity code |
46423 |
|
Activity description |
Wholesale of wearing
apparel, except work and underwear |
|
Industry average payment |
140.15 |
|
expectation days |
|
|
Industry average day
sales |
83.78 |
|
outstanding |
|
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
22.39 |
|
Lower |
121.67 |
|
Median |
55.21 |
|
Upper |
18.38 |
Day
sales outstanding
|
Company result |
54.19 |
|
Lower |
84.15 |
|
Median |
38.89 |
|
Upper |
11.59 |
Shareholder Details
|
Summary |
|
|
Group - Number of
Companies |
13 |
|
Linkages - Number
of Companies |
5 |
|
Number of Countries |
2 |
Group Structure
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- SHOPINVEST NV |
440907956 |
28-02-2017 |
|
- - AOC GROUP NV |
898864059 |
31-12-2016 |
|
- - BOKA DISTRIBUTION NV |
400222988 |
28-02-2017 |
|
- - DE KREKEBEEK NV |
560999696 |
28-02-2017 |
|
- - DE VLETERBEEK NV |
443446683 |
28-02-2017 |
|
- - E5-MODE NV |
402792005 |
28-02-2017 |
|
- - ECG NV |
425179407 |
28-02-2017 |
|
- - - THREE LADIES
INTERNATIONAL NV |
867779816 |
28-02-2017 |
|
- - - ECG HONGKONG LTD |
|
|
|
- - - ECG PLOVDIV |
|
|
|
- - - ECG UAB |
|
|
|
- - PAUMAR NV |
429551533 |
28-02-2017 |
|
- - DE BOMMELAERSBEEK |
|
|
Minority
Shareholders
No minority shareholders
found
Minority
Interests
No minority interests found
Linked Companies
Summary
|
Group - Number of
Companies |
13 |
|
Linkages - Number
of Companies |
5 |
|
Number of Countries |
2 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
CONCORDIA TEXTILES NV |
460935981 |
31.12.2016 |
€41.566.120 |
|
DE ROBAERTBEEK NV |
440188968 |
31.12.2016 |
€1.112.975 |
|
FASHION STORE NV |
438233132 |
31.07.2017 |
€19.954.465 |
|
NUMBER4 NV |
866177435 |
28.02.2017 |
€2.958.553 |
|
DE BOMMELAERSBEEK B.V. |
17276430 |
28.02.2017 |
- |
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
Director details
Current director details
|
Position |
Managing Director |
|
Start Date |
29/09/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
BUCEPHALUS BVBA |
|
Position |
Director |
|
Start Date |
29/09/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
ROG MAN |
|
Position |
Director |
|
Start Date |
29/09/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
WIKINGER BVBA |
|
Position |
Director |
|
Start Date |
02/07/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
SEASONSAHEAD BVBA |
|
Position |
Director |
|
Start Date |
02/07/2012 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Luc Rogge |
|
Position |
Permanent representative
legal entity |
|
Start Date |
29/09/2015 |
|
Street |
6 Kasteelstraat Schepdaal |
|
Post code |
1703 |
|
Country |
Belgium |
|
Name |
Alexander Talpe |
|
Position |
Permanent representative
legal entity |
|
Start Date |
29/09/2015 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Name |
Carl Baekelandt |
|
Position |
Permanent representative
legal entity |
|
Start Date |
02/07/2012 |
|
Date of birth |
28/05/1963 |
|
Street |
6 WIKINGERHOF KORTRIJK |
|
Post code |
8500 |
|
Country |
Belgium |
|
Current mandates in
other companies |
|
|
Name |
THREE LADIES
INTERNATIONAL NV |
|
Business number |
867779816 |
|
Position |
Managing Director |
|
Start Date |
08/10/2012 |
|
Business number |
867779816 |
|
Position |
Director |
|
Start Date |
08/10/2012 |
|
Business number |
867779816 |
|
Position |
Permanent representative
legal entity |
|
Start Date |
08/10/2012 |
|
Name |
NUMBER4 NV |
|
Business number |
866177435 |
|
Position |
Director |
|
Start Date |
28/08/2012 |
|
Business number |
866177435 |
|
Position |
Permanent representative
legal entity |
|
Start Date |
01/09/2013 |
|
Former director details |
|
|
Name |
SHOPINVEST NV |
|
Position |
Managing Director |
|
Start Date |
04/07/2011 |
|
End Date |
30/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
02/07/2007 |
|
End Date |
30/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Etienne Kaesteker |
|
Position |
Managing Director |
|
Start Date |
04/07/2011 |
|
End Date |
29/09/2015 |
|
Date of birth |
03/07/1944 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
02/07/2007 |
|
End Date |
30/08/2017 |
|
Date of birth |
03/07/1944 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Position |
Permanent representative
legal entity |
|
Start Date |
23/05/2006 |
|
End Date |
04/07/2011 |
|
Date of birth |
03/07/1944 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Name |
E5-MODE NV |
|
Position |
Managing Director |
|
Start Date |
10/01/2005 |
|
End Date |
04/07/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
29/09/2015 |
|
End Date |
30/06/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
MEIRS MAN |
|
Position |
Director |
|
Start Date |
01/01/2015 |
|
End Date |
30/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
HILL NV |
|
Position |
Director |
|
Start Date |
03/12/2014 |
|
End Date |
30/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
P.S. GLOBAL BVBA |
|
Position |
Director |
|
Start Date |
08/10/2009 |
|
End Date |
01/01/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Carl Baekelandt |
|
Position |
Director |
|
Start Date |
06/07/2009 |
|
End Date |
02/07/2012 |
|
Date of birth |
28/05/1963 |
|
Street |
6 WIKINGERHOF KORTRIJK |
|
Post code |
8500 |
|
Country |
Belgium |
|
Name |
Margriet Talpe |
|
Position |
Director |
|
Start Date |
04/07/2011 |
|
End Date |
22/05/2012 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Position |
Permanent representative
legal entity |
|
Start Date |
02/07/2007 |
|
End Date |
04/07/2011 |
|
Street |
1 BEUKENLAAN WAASMUNSTER |
|
Post code |
9250 |
|
Country |
Belgium |
|
Name |
BURO HALO SPRL |
|
Position |
Director |
|
Start Date |
31/08/2005 |
|
End Date |
25/01/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
EDMUNDAS KOLEVAITIS |
|
Position |
Director |
|
Start Date |
28/01/2004 |
|
End Date |
10/08/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
RBL BVBA |
|
Position |
Director |
|
Start Date |
02/07/2001 |
|
End Date |
19/11/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Person responsible for
day-to-day management |
|
Start Date |
02/07/2001 |
|
End Date |
19/11/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
THEODORUS KOPPEN |
|
Position |
Director |
|
Start Date |
26/11/1998 |
|
End Date |
12/02/2001 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Paul De Meirsman |
|
Position |
Permanent representative
legal entity |
|
Start Date |
01/01/2015 |
|
End Date |
30/08/2017 |
|
Street |
40 Hogenakkerstraat Temse |
|
Post code |
9140 |
|
Country |
Belgium |
|
Position |
Permanent representative
legal entity |
|
Start Date |
08/10/2009 |
|
End Date |
01/01/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Hans Van Rijckeghem |
|
Position |
Permanent representative
legal entity |
|
Start Date |
28/08/2017 |
|
End Date |
30/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Permanent representative
legal entity |
|
Start Date |
04/07/2011 |
|
End Date |
28/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Patric Tuytens |
|
Position |
Permanent representative
legal entity |
|
Start Date |
03/12/2014 |
|
End Date |
30/08/2017 |
|
Street |
9 Ommegangstraat Ronse |
|
Post code |
9600 |
|
Country |
Belgium |
|
Name |
LOCOFIN BVBA |
|
Position |
Permanent representative
legal entity |
|
Start Date |
04/07/2011 |
|
End Date |
28/08/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
RBMC BVBA |
|
Position |
Permanent representative
legal entity |
|
Start Date |
29/09/2015 |
|
End Date |
30/06/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Ronald Boeckx |
|
Position |
Permanent representative
legal entity |
|
Start Date |
29/09/2015 |
|
End Date |
30/06/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Dimitri Van Dyck |
|
Position |
Permanent representative
legal entity |
|
Start Date |
02/07/2012 |
|
End Date |
11/01/2017 |
|
Street |
12 Maretak Schilde |
|
Post code |
2970 |
|
Country |
Belgium |
|
Name |
Beatrijs De Beuckelaer |
|
Position |
Permanent representative
legal entity |
|
Start Date |
31/08/2005 |
|
End Date |
25/01/2007 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
EUGENIUS BVBA |
|
Position |
Permanent representative
legal entity |
|
Start Date |
03/10/2005 |
|
End Date |
08/05/2006 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Myriam Lamote |
|
Position |
Permanent representative
legal entity |
|
Start Date |
10/01/2005 |
|
End Date |
08/05/2006 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Benedikt Rommens |
|
Position |
Permanent representative
legal entity |
|
Start Date |
01/09/2002 |
|
End Date |
19/11/2003 |
|
Street |
|
|
Post code |
|
|
Country |
|
Former
mandates in other companies
|
Name |
NUMBER4 NV |
|
Business number |
866177435 |
|
Position |
Managing Director |
|
Start Date |
03/09/2012 |
|
End Date |
01/09/2013 |
|
Business number |
866177435 |
|
Position |
Permanent representative
legal entity |
|
Start Date |
28/08/2012 |
|
End Date |
01/09/2013 |
|
Name |
E5-MODE NV |
|
Business number |
402792005 |
|
Position |
Director |
|
Start Date |
26/08/2015 |
|
End Date |
30/08/2017 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.13 |
|
|
1 |
INR 92.51 |
|
Euro |
1 |
INR 80.59 |
|
Euro |
1 |
INR 80.65 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
PRI |
|
|
|
|
Report Prepared
by : |
TRU |
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.