|
|
|
MIRA INFORM REPORT
|
Report No. : |
494015 |
|
Report Date : |
24.02.2018 |
IDENTIFICATION DETAILS
|
Name : |
BEKINTEX NV |
|
|
|
|
Registered Office : |
Neerhonderd 16, 9230 Wetteren |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
31.05.1994 |
|
|
|
|
Com. Reg. No.: |
452746609 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Manufacture of man-made fibres |
|
|
|
|
No. of Employees : |
83 |
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++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
|
Status : |
Excellent |
|
|
|
|
Payment Behaviour : |
Regular |
|
|
|
|
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
name
BEKINTEX NV
Company
summary
|
Business number |
452746609 |
|
Branche Unit Number |
2067518673 |
|
Company name |
BEKINTEX NV |
|
Address |
NEERHONDERD 16 |
|
|
9230 WETTEREN |
|
Date of establishment |
31/05/1994 |
|
Telephone number |
3293657111 |
|
Mobile number |
- |
|
Fax number |
093657117 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0452.746.609 Check VAT number |
Ultimate
holding company
|
Company name |
Company Number |
|
NV BEKAERT SA NV |
405388536 |
Commentary
The business was established
over 23 years ago. The business has
83 employees.
The business is part of
a group.
The business has been at
the address for over 23 years.
There has been no
significant change in the business's credit
rating.
Operating Result in the
latest trading period decreased 34% on
the previous trading period.
Pre-tax profits decreased by
26% compared to the previous trading
period.
The business saw an
increase in their Cash Balance of 54%
during the latest trading period.
Annual
accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2016 |
39,627,625 |
1,347,470 |
8,882,339 |
7,586,557 |
|
31/12/2015 |
36,727,973 |
1,842,713 |
8,007,608 |
7,009,850 |
|
31/12/2014 |
34,521,291 |
1,905,087 |
6,814,074 |
5,856,374 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
16,544,435 |
83 |
1,470,656 |
1,112,867 |
|
31/12/2015 |
14,690,199 |
77 |
1,470,656 |
1,439,875 |
|
31/12/2014 |
12,910,772 |
76 |
1,470,656 |
1,535,177 |
Payment
expectations
|
Past payments |
|
Payment expectation days |
49.91 |
|
Industry average payment |
65.54 |
Industry average day sales |
77.57 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
50.46 |
|
|
Court
data summary
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
- |
Company
information
|
Business number |
452746609 |
Company name |
BEKINTEX NV |
|
Fax number |
093657117 |
Date founded |
31/05/1994 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2016 |
|
Activity code |
20600 |
Number of staff |
83 |
|
Activity description |
Manufacture of man-made fibres |
|
|
|
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 |
120 |
|
Description |
Joint committee for the
textile industry and knitting |
|
category |
|
|
JIC Code |
214 |
|
Description |
JC for the employees in
the textile industry and the knitting |
|
category |
|
|
Significant Events |
|
|
Event Date |
18/05/2015 |
|
Event Description |
resignation-appointment of director(s) |
|
Event Details |
Commentaar 18-05-2015: De
aandeelhouders besluiten tot definitieve
benoeming van Yannick Lescanne tot bestuurder
van de vennootschap met ingang vanaf
16 december 2014. |
Company
accounts
|
Assets |
|
|
|
|
|
|
|
|
|
|
Annual accounts |
31-12-2016 |
% |
31-12-2015 |
% |
31-12-2014 |
% |
31-12-2013 |
% |
31-12-2012 |
|
Weeks |
52 |
|
52 |
|
52 |
|
52 |
|
52 |
|
Currency |
EUR |
|
EUR |
|
EUR |
|
EUR |
|
EUR |
|
Total fixed assets |
1,496,382 |
49.88 |
998,415 |
4.23 |
957,865 |
-12.74 |
1,097,703 |
-3.65 |
1,139,238 |
|
Intangible fixed assets |
600 |
0 |
600 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
1,442,434 |
52.72 |
944,467 |
4.42 |
904,517 |
-13.39 |
1,044,354 |
-2.89 |
1,075,402 |
|
Land & building |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Plant & machinery |
506,622 |
-16.43 |
606,227 |
-7.56 |
655,805 |
7.02 |
612,772 |
-20.34 |
769,243 |
|
Furniture & Vehicles |
85,564 |
751 |
10,045 |
-20.95 |
12,708 |
-39.98 |
21,173 |
0.10 |
21,153 |
|
Leasing & Other Similar
Rights |
624 |
-59.06 |
1,524 |
-37.13 |
2,424 |
-27.08 |
3,324 |
-21.31 |
4,224 |
|
Other tangible assets |
849,624 |
160 |
326,671 |
39.85 |
233,581 |
-42.62 |
407,085 |
44.98 |
280,781 |
|
Financial fixed assets |
53,348 |
0 |
53,348 |
0 |
53,348 |
0 |
53,348 |
-16.43 |
63,836 |
|
Total current assets |
15,048,054 |
9.91 |
13,691,784 |
14.55 |
11,952,906 |
-2.19 |
12,221,023 |
20.16 |
10,170,231 |
|
Inventories |
7,257,964 |
-3.97 |
7,558,189 |
7.80 |
7,011,378 |
-4.73 |
7,359,427 |
33.23 |
5,523,733 |
|
Raw materials & consumables |
654,856 |
-8.14 |
712,893 |
-21.94 |
913,291 |
-30.85 |
1,320,675 |
-7.21 |
1,423,339 |
|
Work in progress |
2,720,557 |
-1.52 |
2,762,538 |
42.54 |
1,938,077 |
5.60 |
1,835,242 |
28.94 |
1,423,276 |
|
Finished goods |
3,882,302 |
-4.91 |
4,082,758 |
-1.86 |
4,160,010 |
-1.03 |
4,203,509 |
57.02 |
2,677,118 |
|
Other stocks |
249 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
5,478,802 |
17.62 |
4,657,885 |
13.78 |
4,093,706 |
-11.33 |
4,616,754 |
9.69 |
4,209,045 |
|
Other amounts receivable |
156,780 |
79.56 |
87,316 |
6.22 |
82,202 |
-64.83 |
233,695 |
-43.57 |
414,159 |
|
Cash |
2,146,948 |
54.82 |
1,386,770 |
82.38 |
760,393 |
35959 |
2,109 |
-14.07 |
2,454 |
|
Miscellaneous current assets |
7,559 |
365 |
1,623 |
-68.95 |
5,227 |
-42.17 |
9,038 |
-56.63 |
20,840 |
|
Total Assets |
16,544,435 |
12.62 |
14,690,199 |
13.78 |
12,910,772 |
-3.06 |
13,318,726 |
17.77 |
11,309,469 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
8,882,939 |
10.92 |
8,008,208 |
17.52 |
6,814,074 |
22.89 |
5,544,751 |
-4.25 |
5,791,044 |
|
Issued share capital |
1,470,656 |
0 |
1,470,656 |
0 |
1,470,656 |
0 |
1,470,656 |
0 |
1,470,656 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
7,412,282 |
13.38 |
6,537,551 |
22.35 |
5,343,418 |
31.16 |
4,074,095 |
-5.70 |
4,320,388 |
|
Provisions for Liabilities & |
200,000 |
- |
0 |
- |
0 |
-100 |
184,882 |
0 |
184,882 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
-100 |
57 |
-65.48 |
165 |
-39.57 |
273 |
-28.35 |
382 |
|
Creditors |
7,461,496 |
11.67 |
6,681,934 |
9.60 |
6,096,532 |
-19.66 |
7,588,819 |
42.29 |
5,333,161 |
|
Other long term loans |
0 |
- |
0 |
- |
0 |
-100 |
1,522 |
0 |
1,522 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
200,000 |
350592 |
57 |
-65.48 |
165 |
-99 |
186,678 |
-0.06 |
186,786 |
|
Current portion of long
term debt |
0 |
- |
0 |
- |
0 |
-100 |
342 |
-82.79 |
1,987 |
|
Financial debts |
0 |
- |
0 |
- |
0 |
-100 |
2,863,761 |
232 |
862,169 |
|
Trade creditors |
5,204,483 |
25.35 |
4,152,118 |
5.36 |
3,941,031 |
29.83 |
3,035,544 |
4.23 |
2,912,221 |
|
Amounts Payable for Taxes, |
1,269,432 |
-28.19 |
1,767,881 |
27.02 |
1,391,771 |
90.15 |
731,945 |
-5.19 |
771,986 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
987,581 |
29.61 |
761,935 |
-0.23 |
763,730 |
-20.09 |
955,705 |
22.01 |
783,275 |
|
Total current liabilities |
7,461,496 |
11.67 |
6,681,934 |
9.60 |
6,096,532 |
-19.65 |
7,587,297 |
42.31 |
5,331,639 |
|
Total Liabilities |
16,544,435 |
12.62 |
14,690,199 |
13.78 |
12,910,772 |
-3.06 |
13,318,726 |
17.77 |
11,309,469 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
3.40 |
-32.27 |
5.02 |
-9.06 |
5.52 |
657 |
-0.84 |
-150 |
1.67 |
|
Return on capital employed |
14.84 |
-35.51 |
23.01 |
-17.70 |
27.96 |
628 |
-4.45 |
-155 |
8.02 |
|
Return on total assets employed |
8.14 |
-35.09 |
12.54 |
-15.04 |
14.76 |
772 |
-1.91 |
-145 |
4.24 |
|
Return on net assets employed |
15.17 |
-34.07 |
23.01 |
-17.70 |
27.96 |
607 |
-4.60 |
-155 |
8.28 |
|
Sales / net working capital |
5.22 |
-0.38 |
5.24 |
-11.04 |
5.89 |
-10.62 |
6.59 |
10.76 |
5.95 |
|
Stock turnover ratio |
18.32 |
-10.98 |
20.58 |
1.33 |
20.31 |
-15.76 |
24.11 |
25.64 |
19.19 |
|
Creditor days |
49.91 |
13.05 |
44.15 |
0 |
44.15 |
22.64 |
36.00 |
-4.69 |
37.77 |
|
Debtor days |
50.46 |
9.01 |
46.29 |
6.95 |
43.28 |
-21.61 |
55.21 |
3.43 |
53.38 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
2.02 |
-1.46 |
2.05 |
4.59 |
1.96 |
21.74 |
1.61 |
-15.71 |
1.91 |
|
Liquidity ratio / acid ratio |
1.04 |
13.04 |
0.92 |
13.58 |
0.81 |
26.56 |
0.64 |
-26.44 |
0.87 |
|
Current debt ratio |
0.84 |
1.20 |
0.83 |
-6.74 |
0.89 |
-35.04 |
1.37 |
48.91 |
0.92 |
|
Cashflow |
1,112,867 |
-22.71 |
1,439,875 |
-6.21 |
1,535,177 |
3283 |
45,372 |
-93.51 |
699,436 |
|
Net worth |
8,882,339 |
10.92 |
8,007,608 |
17.52 |
6,814,074 |
22.89 |
5,544,751 |
-4.25 |
5,791,044 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
- |
- |
- |
- |
- |
- |
51.68 |
245 |
14.95 |
|
Equity in percentage |
53.69 |
-1.52 |
54.52 |
3.30 |
52.78 |
26.78 |
41.63 |
-18.71 |
51.21 |
|
Total debt ratio |
0.86 |
3.61 |
0.83 |
-6.74 |
0.89 |
-36.43 |
1.40 |
47.37 |
0.95 |
|
Working capital |
7,586,557 |
8.23 |
7,009,850 |
19.70 |
5,856,374 |
26.39 |
4,633,726 |
-4.23 |
4,838,592 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
39,583,631 |
4.78 |
37,778,346 |
7.50 |
35,143,599 |
7.98 |
32,546,781 |
13.26 |
28,736,026 |
|
Turnover |
39,627,625 |
7.89 |
36,727,973 |
6.39 |
34,521,291 |
13.10 |
30,522,195 |
6.05 |
28,780,814 |
|
Total operating expenses |
38,061,605 |
10.89 |
34,324,752 |
5.35 |
32,583,042 |
5.88 |
30,773,693 |
9.34 |
28,144,669 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
39,583,631 |
11.90 |
35,375,124 |
6.53 |
33,205,350 |
1.24 |
32,798,280 |
16.72 |
28,099,881 |
|
Employee costs |
4,974,780 |
-2.38 |
5,095,993 |
14.51 |
4,450,422 |
0.98 |
4,407,375 |
7.10 |
4,115,287 |
|
Wages and salary |
3,486,615 |
7.95 |
3,229,941 |
11.87 |
2,887,301 |
-1.90 |
2,943,318 |
6.05 |
2,775,480 |
|
Employee pension costs |
176,808 |
-8.71 |
193,677 |
48.67 |
130,273 |
-8.84 |
142,900 |
19.16 |
119,921 |
|
Social security contributions |
1,092,103 |
-25.67 |
1,469,328 |
17.71 |
1,248,277 |
8.84 |
1,146,885 |
8.04 |
1,061,509 |
|
Other employee costs |
219,254 |
7.98 |
203,046 |
10.01 |
184,571 |
5.91 |
174,272 |
10.04 |
158,377 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and depreciation |
238,027 |
-3.06 |
245,531 |
-7.57 |
265,643 |
-8.86 |
291,455 |
-22.01 |
373,698 |
|
Operating result |
1,566,019 |
-34.84 |
2,403,222 |
23.99 |
1,938,248 |
770 |
-251,499 |
-139 |
636,145 |
|
Total financial income |
152,858 |
-45.93 |
282,693 |
45.71 |
194,010 |
-36.45 |
305,290 |
58.76 |
192,294 |
|
Total financial expenses |
371,408 |
-55.95 |
843,202 |
271 |
227,172 |
-26.40 |
308,672 |
-11.54 |
348,931 |
|
Results on ordinary operations |
1,347,470 |
-26.88 |
1,842,713 |
-3.27 |
1,905,087 |
747 |
-254,881 |
-153 |
479,508 |
|
before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
92 |
- |
- |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
- |
- |
- |
- |
- |
- |
92 |
- |
0 |
|
Results for the Year Before |
1,347,470 |
-26.88 |
1,842,713 |
-3.27 |
1,905,087 |
747 |
-254,789 |
-153 |
479,508 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
472,686 |
-27.11 |
648,477 |
2.02 |
635,662 |
7393 |
-8,598 |
-105 |
153,878 |
|
Results on ordinary operations |
874,784 |
-26.75 |
1,194,235 |
-5.92 |
1,269,425 |
515 |
-246,283 |
-175 |
325,630 |
|
after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
874,840 |
-26.75 |
1,194,344 |
-5.92 |
1,269,533 |
515 |
-246,083 |
-175 |
325,738 |
|
Profit (Loss) for the
Year to be appropiated |
874,840 |
-26.75 |
1,194,344 |
-5.92 |
1,269,533 |
515 |
-246,083 |
-175 |
325,738 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social
Balance Sheet Details
|
Social Balance Sheet Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting year |
|
|
|
|
ended 31-12-2016 |
|
|
|
|
Full-time Employees |
|
69 |
|
|
Part-time Employees |
|
16 |
|
|
Total Fte Employees |
|
83 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
112,383 |
|
|
Part-time Employees |
|
20,054 |
|
|
Total |
|
132,437 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
4,071,559 |
|
|
Part-time Employees |
|
726,413 |
|
|
Total |
|
4,797,972 |
|
|
Benefits In Addition To Wages |
|
119,380 |
|
|
During the previous reporting
year |
|
|
|
|
Average number employees in Fte |
|
77 |
|
|
Actual working hours |
|
122,661 |
|
|
Personnel Charges |
|
4,902,315 |
|
|
Benefits In Addition To Wages |
|
94,897 |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
71 |
16 |
84 |
|
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 |
12 |
2 |
14 |
|
Higher education (non |
8 |
- |
8 |
|
university) |
|
|
|
|
Higher education |
9 |
- |
9 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
- |
- |
- |
|
Secondairy education |
32 |
7 |
37 |
|
Higher education (non university) |
10 |
7 |
16 |
|
Higher education(university) |
- |
- |
- |
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
9 |
- |
9 |
|
White collar worker |
19 |
6 |
23 |
|
Blue collar worker |
42 |
10 |
50 |
|
Other |
1 |
- |
1 |
|
Temporary personnel |
|
Total |
|
|
Average number of temporary
staff |
|
30 |
|
|
Actual working hours |
|
52,813 |
|
|
Cost of temporary staff |
|
1,328,511 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
10 |
1 |
11 |
|
Leavers |
6 |
1 |
7 |
|
Total of formal continuing vocational
training initiatives |
|
|
|
|
for workers paid by the
employer |
Male |
Female |
|
|
Number of employees |
19 |
33 |
|
|
Number of training hours |
278 |
353 |
|
|
Net costs for enterprise |
8,650 |
4,777 |
|
|
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 |
20600 |
|
Activity description |
Manufacture of man-made fibres |
Payment
Information
|
Payment Information Summary |
|
|
Total number of Invoices
available |
143 |
|
Total number of Invoices
paid within or up to 30 days
after the due date |
127 |
|
Total number of Invoices
paid more than 30 days after the
due date |
14 |
|
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 |
2 |
|
Suspension of payments /
moratorium history |
|
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
49.91 |
|
Day sales outstanding |
50.46 |
|
Industry comparison |
|
|
Activity code |
20600 |
|
Activity description |
Manufacture of man-made fibres |
|
Industry average payment expectation
days |
65.54 |
|
Industry average day sales
outstanding |
77.57 |
Industry
quartile analysis
Payment expectations
|
Company result |
49.91 |
|
Lower |
78.97 |
|
Median |
47 |
|
Upper |
30.26 |
|
Day sales outstanding |
|
|
Company result |
50.46 |
|
Lower |
85.45 |
|
Median |
55.64 |
|
Upper |
33.27 |
Shareholder Details
|
Summary |
|
|
Group - Number of Companies |
28 |
|
Linkages - Number of Companies |
156 |
|
Number of Countries |
41 |
|
Group Structure |
|
|
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- NV BEKAERT SA NV |
405388536 |
31-12-2016 |
|
- - BEKAERT COORDINATIECENTRUM NV |
426824150 |
31-12-2016 |
|
- - BEKINTEX NV |
452746609 |
31-12-2016 |
|
- - SCHELDESTROOM NV NV |
403676188 |
30-09-2016 |
|
- - - BEKAERT INVESTMENTS NV NV |
406207096 |
31-12-2016 |
|
- - BBRG HOLDING (UK) LTD |
09900706 |
31-12-2016 |
|
- - BEKAERT FRANCE SAS |
444842124 |
31-12-2016 |
|
- - BEKAERT GMBH |
HRB 7738 |
31-12-2015 |
|
- - BEKAERT BRADFORD UK LIMITED |
00095908 |
31-12-2016 |
|
- - INVERSIONES BEKAERT ANDEAN
ROPES S.A. |
|
|
|
- - PRODUCTOS DE ALAMBRE
PRODALAM S.A. |
|
|
Minority
Shareholders
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
423237031 |
SOLERAS ADVANCED COATINGS |
19.49 |
31/12/2016 |
|
|
BVBA |
|
|
Minority
Interests
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
406207096 |
BEKAERT INVESTMENTS NV NV |
0.03 |
31/12/2016 |
|
390569689 |
SOLARONICS SA |
0.01 |
31/12/2016 |
Linked
Companies
Summary
|
Group - Number of Companies |
28 |
|
Linkages - Number of Companies |
156 |
|
Number of Countries |
41 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
|
|
|
|
|
BEKAERT S.À R.L. |
B165436 |
31.12.2012 |
- |
|
BEKAERT WIRE ROPE INDUSTRY NV
NV |
550983358 |
31.12.2016 |
- |
|
|
|
|
|
|
BEKAERT HOLDING B.V. |
23039535 |
31.12.2012 |
€728.000 |
|
BEKAERT SARDEGNA S.P.A. |
02298660925 |
31.12.2016 |
€45.236.938 |
|
BEKAERT INVESTMENTS ITALIA S.P.A. |
06964510967 |
31.12.2016 |
€719.637 |
|
BEKAERT ADVANCED CORDS AALTER
NV NV |
645654071 |
31.12.2016 |
€31.611.014 |
|
|
|
|
|
|
BEKAERT MACCAFERRI |
561750457 |
31.12.2016 |
€40.241.997 |
|
UNDERGROUND SOLUTIONS BVBA |
|
|
|
|
BEKAERT FIGLINE S.P.A. |
08277780964 |
31.12.2016 |
€54.890.866 |
|
GROZ-BECKERT CARDING BELGIUM NV |
405443271 |
31.12.2016 |
€11.134.396 |
|
VELGE INTERNATIONAL NV |
414357571 |
31.12.2016 |
- |
|
PUROLATOR ADVANCED FILTRATION |
430104631 |
30.06.2017 |
€5.553.517 |
|
SPRL |
|
|
|
|
SUBECO NV |
463322775 |
31.12.2013 |
- |
|
SOLERAS ADVANCED COATINGS BVBA |
423237031 |
31.12.2016 |
€26.919.734 |
|
SOLARONICS SA |
390569689 |
31.12.2016 |
€11.033.868 |
|
MILLENIUM 3 SA |
446799222 |
30.06.2016 |
- |
|
BECARE DESIGNATED ACTIVITY |
IE231073 |
31.12.2016 |
€1.572.622 |
|
COMPANY |
|
|
|
|
BEKAERT COMBUSTION TECHNOLOGY |
01252339 |
31.12.2012 |
- |
|
LIMITED |
|
|
|
|
SOLARONICS CHAUFFAGE |
420898199 |
31.03.2017 |
€9.625.060 |
|
FRANCE FIL GROUPE |
428764096 |
31.12.2014 |
€525.000 |
|
BEKAERT CARDING SOLUTIONS SAS |
475581658 |
31.12.2014 |
€5.075 |
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 |
08/05/2014 |
|
Street |
7 BURGENBLICK |
|
Post code |
61462 |
|
Country |
Germany |
|
Name |
Oliver Forberich |
|
Position |
Director |
|
Start Date |
08/05/2014 |
|
Street |
7 BURGENBLICK |
|
Post code |
61462 |
|
Country |
Germany |
|
Name |
Kevin Vanhoutte |
|
Position |
Director |
|
Start Date |
15/12/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
YANNICK LESCANNE |
|
Position |
Director |
|
Start Date |
16/12/2014 |
|
Street |
|
|
Post code |
|
|
Country |
France |
|
Former director details |
|
|
Name |
Joeri Goethals |
|
Position |
Director |
|
Start Date |
13/05/2013 |
|
End Date |
15/12/2017 |
|
Street |
32 HEIDEGROND LOCHRISTI |
|
Post code |
9080 |
|
Country |
Belgium |
|
Name |
Bruno Cluydts |
|
Position |
Director |
|
Start Date |
10/05/2012 |
|
End Date |
16/12/2014 |
|
Street |
23 CHRISTINASTRAAT OOSTENDE |
|
Post code |
8400 |
|
Country |
Belgium |
|
Name |
Frank Cottenie |
|
Position |
Director |
|
Start Date |
14/05/2009 |
|
End Date |
13/05/2013 |
|
Street |
41 GRENSSTRAAT KUURNE |
|
Post code |
8520 |
|
Country |
Belgium |
|
Name |
Jan Boelens |
|
Position |
Director |
|
Start Date |
01/02/2007 |
|
End Date |
06/04/2011 |
|
Street |
37 GROENSTRAAT DESTELBERGEN |
|
Post code |
9070 |
|
Country |
Belgium |
|
Name |
Georges Brys |
|
Position |
Director |
|
Start Date |
19/01/2004 |
|
End Date |
09/11/2006 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.82 |
|
|
1 |
INR 90.40 |
|
Euro |
1 |
INR 79.76 |
|
Euro |
1 |
INR 79.56 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VAR |
|
|
|
|
Report Prepared
by : |
SYL |
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.