|
|
|
MIRA INFORM REPORT
|
Report No. : |
483702 |
|
Report Date : |
01.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
EOC BELGIUM NV |
|
|
|
|
Registered Office : |
Industriepark "De Bruwaan" 24 9700
Oudenaarde |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
01.01.1982 |
|
|
|
|
Com. Reg. No.: |
422191708 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Manufacture of other rubber products |
|
|
|
|
No. of Employees : |
277 |
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 : |
Good |
|
|
|
|
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 (30.06.2017) |
Current Rating (30.09.2017) |
|
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. Industry is concentrated mainly in the more heavily-populated region of Flanders in the north. Belgium is 100% 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.
Belgium’s GDP grew by 1.4% in 2016, unemployment at yearend was 8.4%, and the budget deficit was 2.7% of GDP. The economy largely recovered from the March 2016 terrorist attacks, which 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 107% 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 tax policy, 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.
|
Source
: CIA |
Company
summary
|
Business number |
422191708 |
|
Branche Unit Number |
2020599872 |
|
Company name |
EOC BELGIUM NV |
|
Address |
INDUSTRIEPARK "DE BRUWAAN" 24 9700 OUDENAARDE |
|
|
|
|
Date of establishment |
01/01/1982 |
|
Telephone number |
3255235858 |
|
Mobile number |
- |
|
Fax number |
055235859 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0422.191.708 Check VAT number |
Ultimate
holding company
|
Company name |
Company Number |
|
EOC BELGIUM NV |
422191708 |
Commentary
The business was established over
35 years ago.
The business has 277 employees.
The business is part of a
group.
The business has been at the
address for over 35 years.
The business saw an increase
in their Cash Balance of 51% during
the latest trading period.
Working Capital is a negative
amount during the latest trading period.
Annual
accounts
|
DATE
OF LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET
WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
210,176,166 |
5,930,874 |
27,311,476 |
-877,513 |
|
31/12/2015 |
222,603,463 |
5,056,452 |
25,633,701 |
-1,553,274 |
|
31/12/2014 |
241,843,434 |
5,275,462 |
22,034,688 |
-3,942,379 |
|
Accounts |
|
|
|
|
|
DATE
OF LATEST ACCOUNTS |
BALANCE
TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
94,257,374 |
277 |
6,000,000 |
8,285,348 |
|
31/12/2015 |
85,966,885 |
276 |
6,000,000 |
7,696,355 |
|
31/12/2014 |
79,553,451 |
276 |
6,000,000 |
7,786,173 |
Payment
expectations
|
Past payments |
|
Payment expectation days |
76.85 |
|
Industry average payment |
66.62 |
Industry average day sales |
83.24 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
32.41 |
|
|
Court
data summary
BANKRUPTCY
DETAILS
|
Court action type |
no |
PROTESTED
BILLS
|
Bill amount |
- |
NSSO
DETAILS
|
Date of summons |
- |
Company
information
|
Business number |
422191708 |
Company name |
EOC BELGIUM NV |
|
Fax number |
055235859 |
Date founded |
01/01/1982 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2016 |
|
Activity code |
22190 |
Number of staff |
277 |
|
Activity description |
Manufacture of other rubber products |
|
|
|
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 |
116 |
|
Description |
Joint committee for the chemical
industry |
|
category |
|
|
JIC Code |
207 |
|
Description |
Joint committee for the employees
off he chemical industry |
|
category |
|
|
Significant Events |
|
|
Event Date |
10/09/2014 |
|
Event Description |
|
|
Event Details |
De vergadering beslist over te
gaan tot de inkoop van 550 volledig
volgestorte eigen aandelen. |
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 |
32,113,838 |
-2.14 |
32,815,256 |
4.39 |
31,434,418 |
3.40 |
30,400,967 |
11.39 |
27,291,643 |
|
Intangible fixed assets |
104,564 |
15.87 |
90,244 |
-11.81 |
102,333 |
33.76 |
76,503 |
37.68 |
55,567 |
|
Tangible fixed assets |
24,747,380 |
-2.75 |
25,447,552 |
6.37 |
23,922,678 |
1.00 |
23,685,378 |
15.12 |
20,574,887 |
|
Land & building |
7,325,123 |
5.80 |
6,923,825 |
-2.98 |
7,136,833 |
6.73 |
6,687,074 |
15.52 |
5,788,680 |
|
Plant & machinery |
15,401,604 |
11.76 |
13,781,195 |
-4.30 |
14,399,875 |
0.69 |
14,300,955 |
15.09 |
12,426,423 |
|
Furniture & Vehicles |
163,811 |
10.99 |
147,588 |
25.44 |
117,658 |
-22.98 |
152,771 |
-14.11 |
177,869 |
|
Leasing & Other Similar Rights |
1,416,679 |
-13.91 |
1,645,611 |
-1.08 |
1,663,563 |
-11.43 |
1,878,240 |
251 |
534,295 |
|
Other tangible assets |
440,163 |
-85.08 |
2,949,332 |
387 |
604,751 |
-9.24 |
666,339 |
-59.56 |
1,647,620 |
|
Financial fixed assets |
7,261,895 |
-0.21 |
7,277,461 |
-1.78 |
7,409,407 |
11.60 |
6,639,086 |
-0.33 |
6,661,189 |
|
Total current assets |
62,143,536 |
16.92 |
53,151,629 |
10.46 |
48,119,033 |
5.95 |
45,414,945 |
-4.91 |
47,758,138 |
|
Inventories |
23,697,174 |
-4.37 |
24,781,000 |
16.90 |
21,199,044 |
2.41 |
20,699,904 |
4.58 |
19,793,734 |
|
Raw materials & consumables |
13,633,680 |
-16.95 |
16,416,622 |
25.48 |
13,082,900 |
4.29 |
12,544,699 |
3.15 |
12,161,986 |
|
Work in progress |
4,620,644 |
5.16 |
4,393,960 |
-8.83 |
4,819,467 |
-5.00 |
5,073,034 |
13.65 |
4,463,742 |
|
Finished goods |
5,374,441 |
35.36 |
3,970,417 |
20.44 |
3,296,676 |
6.96 |
3,082,170 |
-2.71 |
3,168,006 |
|
Other stocks |
68,408 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
18,660,161 |
9.54 |
17,034,373 |
-2.42 |
17,457,628 |
-7.24 |
18,820,583 |
-13.17 |
21,674,430 |
|
Other amounts receivable |
13,641,988 |
88.46 |
7,238,606 |
34.75 |
5,372,071 |
83.75 |
2,923,551 |
53.03 |
1,910,428 |
|
Cash |
4,564,325 |
51.03 |
3,022,146 |
1.40 |
2,980,506 |
61.95 |
1,840,404 |
20.12 |
1,532,100 |
|
Miscellaneous current assets |
1,579,888 |
46.90 |
1,075,505 |
-3.09 |
1,109,784 |
5.35 |
1,053,414 |
-61.59 |
2,742,465 |
|
Total Assets |
94,257,374 |
9.64 |
85,966,885 |
8.06 |
79,553,451 |
4.93 |
75,815,912 |
1.02 |
75,049,781 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
27,416,040 |
6.58 |
25,723,945 |
16.20 |
22,137,021 |
20.50 |
18,370,780 |
27.19 |
14,443,741 |
|
Issued share capital |
6,000,000 |
0 |
6,000,000 |
0 |
6,000,000 |
0 |
6,000,000 |
0 |
6,000,000 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
21,416,040 |
8.58 |
19,723,945 |
22.23 |
16,137,021 |
30.44 |
12,370,780 |
46.51 |
8,443,741 |
|
Provisions for Liabilities & |
1,133,656 |
2.70 |
1,103,825 |
15.13 |
958,786 |
24.52 |
769,981 |
2.95 |
747,899 |
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
107,365 |
-9.17 |
118,199 |
-25.54 |
158,739 |
-11.64 |
179,644 |
1225 |
13,556 |
|
Creditors |
65,600,313 |
11.15 |
59,020,916 |
4.83 |
56,298,905 |
-0.35 |
56,495,507 |
-5.60 |
59,844,585 |
|
Other long term loans |
2,579,265 |
-40.24 |
4,316,014 |
1.85 |
4,237,493 |
-17.81 |
5,155,976 |
-6.39 |
5,508,120 |
|
Other long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
3,820,286 |
-31.02 |
5,538,038 |
3.42 |
5,355,018 |
-12.29 |
6,105,601 |
-2.62 |
6,269,575 |
|
Current portion of long term debt |
1,570,553 |
-3.66 |
1,630,142 |
31.81 |
1,236,717 |
12.16 |
1,102,634 |
13.58 |
970,830 |
|
Financial debts |
8,889,667 |
9.94 |
8,085,733 |
6.63 |
7,582,886 |
-7.36 |
8,185,511 |
-5.31 |
8,644,640 |
|
Trade creditors |
42,593,547 |
18.33 |
35,995,359 |
0.12 |
35,953,873 |
-5.72 |
38,135,803 |
5.58 |
36,121,737 |
|
Amounts Payable for Taxes, |
6,692,476 |
-1.66 |
6,805,388 |
9.43 |
6,219,206 |
79.93 |
3,456,452 |
-35.66 |
5,372,348 |
|
Remuneration & Social Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current liabilities |
3,274,807 |
49.65 |
2,188,280 |
104 |
1,068,730 |
132 |
459,131 |
-85.77 |
3,226,910 |
|
Total current liabilities |
63,021,049 |
15.20 |
54,704,902 |
5.08 |
52,061,412 |
1.41 |
51,339,532 |
-5.52 |
54,336,465 |
|
Total Liabilities |
94,257,374 |
9.64 |
85,966,885 |
8.06 |
79,553,451 |
4.93 |
75,815,912 |
1.02 |
75,049,781 |
Ratio analysis
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
2.82 |
24.23 |
2.27 |
4.13 |
2.18 |
-1.36 |
2.21 |
-20.79 |
2.79 |
|
Return on capital employed |
18.99 |
17.44 |
16.17 |
-15.74 |
19.19 |
-9.57 |
21.22 |
-38.90 |
34.73 |
|
Return on total assets employed |
6.29 |
6.97 |
5.88 |
-11.31 |
6.63 |
-3.21 |
6.85 |
-28.57 |
9.59 |
|
Return on net assets employed |
21.63 |
10.02 |
19.66 |
-17.50 |
23.83 |
-15.74 |
28.28 |
-43.22 |
49.81 |
|
Sales / net working capital |
-239.51 |
-67.13 |
-143.31 |
-133 |
-61.34 |
-54.82 |
-39.62 |
-1.17 |
-39.16 |
|
Stock turnover ratio |
11.27 |
1.26 |
11.13 |
26.91 |
8.77 |
-0.57 |
8.82 |
14.84 |
7.68 |
|
Creditor days |
76.85 |
26.29 |
60.85 |
8.58 |
56.04 |
-8.61 |
61.32 |
15.59 |
53.05 |
|
Debtor days |
32.41 |
16.04 |
27.93 |
6.00 |
26.35 |
-9.98 |
29.27 |
-4.69 |
30.71 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.99 |
2.06 |
0.97 |
5.43 |
0.92 |
4.55 |
0.88 |
0 |
0.88 |
|
Liquidity ratio / acid ratio |
0.61 |
17.31 |
0.52 |
0 |
0.52 |
8.33 |
0.48 |
-5.88 |
0.51 |
|
Current debt ratio |
2.30 |
7.98 |
2.13 |
-9.36 |
2.35 |
-15.77 |
2.79 |
-25.80 |
3.76 |
|
Cashflow |
8,285,348 |
7.65 |
7,696,355 |
-1.15 |
7,786,173 |
1.17 |
7,695,958 |
38.34 |
5,563,178 |
|
Net worth |
27,311,476 |
6.55 |
25,633,701 |
16.33 |
22,034,688 |
20.45 |
18,294,277 |
27.15 |
14,388,175 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
47.56 |
-12.81 |
54.55 |
-7.51 |
58.98 |
-24.99 |
78.63 |
-24.91 |
104.71 |
|
Equity in percentage |
29.12 |
-2.77 |
29.95 |
7.50 |
27.86 |
14.84 |
24.26 |
25.96 |
19.26 |
|
Total debt ratio |
2.44 |
4.27 |
2.34 |
-9.65 |
2.59 |
-17.25 |
3.13 |
-25.48 |
4.20 |
|
Working capital |
-877,513 |
56.49 |
-1,553,274 |
39.40 |
-3,942,379 |
66.54 |
-5,924,586 |
90.06 |
-6,578,327 |
Profit & loss
|
Operating Income |
216,444,506 |
-4.70 |
227,123,554 |
-7.71 |
246,108,276 |
3.00 |
238,931,411 |
-8.42 |
260,891,076 |
|
Turnover |
210,176,166 |
-5.58 |
222,603,463 |
-7.96 |
241,843,434 |
3.04 |
234,712,374 |
-8.89 |
257,604,958 |
|
Total operating expenses |
202,296,785 |
-6.30 |
215,897,043 |
-7.81 |
234,191,566 |
3.16 |
227,016,794 |
-8.66 |
248,549,212 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
216,451,093 |
-1.80 |
220,417,134 |
-7.57 |
238,456,409 |
3.12 |
231,235,831 |
-8.18 |
251,835,330 |
|
Employee costs |
24,362,139 |
0.05 |
24,349,797 |
1.62 |
23,961,148 |
8.15 |
22,154,727 |
7.26 |
20,654,822 |
|
Wages and salary |
17,405,480 |
1.25 |
17,189,886 |
2.44 |
16,780,569 |
9.46 |
15,330,666 |
6.37 |
14,412,988 |
|
Employee pension costs |
46,411 |
-1.66 |
47,196 |
-59.51 |
116,569 |
-38.31 |
188,950 |
-4.78 |
198,429 |
|
Social security contributions |
4,975,057 |
-2.98 |
5,127,994 |
-0.64 |
5,161,122 |
6.53 |
4,844,703 |
2.11 |
4,744,787 |
|
Other employee costs |
1,935,191 |
-2.50 |
1,984,721 |
4.30 |
1,902,887 |
6.28 |
1,790,407 |
37.87 |
1,298,618 |
|
Director remuneration |
340,105 |
0.45 |
338,576 |
0.79 |
335,917 |
0 |
335,917 |
0 |
335,917 |
|
Amortization and |
4,375,276 |
6.62 |
4,103,548 |
2.57 |
4,000,563 |
6.15 |
3,768,920 |
10.98 |
3,395,883 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
7,879,381 |
17.49 |
6,706,420 |
-12.36 |
7,651,867 |
-0.57 |
7,695,580 |
-15.02 |
9,055,746 |
|
Total financial income |
1,359,024 |
-8.66 |
1,487,861 |
-14.90 |
1,748,434 |
1.29 |
1,726,214 |
15.15 |
1,499,053 |
|
Total financial expenses |
3,300,944 |
5.20 |
3,137,830 |
-23.93 |
4,124,839 |
-2.43 |
4,227,360 |
25.79 |
3,360,633 |
|
Results on ordinary |
5,930,874 |
17.29 |
5,056,452 |
-4.15 |
5,275,462 |
1.56 |
5,194,434 |
-27.80 |
7,194,167 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
89,667 |
830 |
9,632 |
-87.02 |
74,186 |
86.76 |
39,722 |
-62.33 |
105,455 |
|
Extraordinary Charges |
83,080 |
125 |
36,821 |
- |
- |
- |
13,410 |
-50.84 |
27,276 |
|
Extraordinary items |
6,587 |
24.23 |
-27,188 |
-136 |
74,186 |
181 |
26,312 |
-66.34 |
78,179 |
|
Results for the Year Before |
5,937,461 |
18.06 |
5,029,264 |
-5.99 |
5,349,648 |
2.47 |
5,220,746 |
-28.21 |
7,272,346 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
2,038,224 |
41.55 |
1,439,921 |
-9.15 |
1,584,943 |
40.56 |
1,127,619 |
-77.93 |
5,109,544 |
|
Results on ordinary |
3,892,650 |
7.63 |
3,616,531 |
-2.00 |
3,690,519 |
-9.25 |
4,066,815 |
95.09 |
2,084,623 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
3,910,071 |
8.83 |
3,592,808 |
-5.09 |
3,785,610 |
-3.60 |
3,927,038 |
81.20 |
2,167,294 |
|
Profit (Loss) for the Year to
be appropiated |
3,911,671 |
8.63 |
3,600,809 |
-5.08 |
3,793,611 |
-3.59 |
3,935,039 |
80.90 |
2,175,295 |
|
Dividends |
2,336,414 |
- |
- |
- |
- |
- |
- |
- |
- |
Social
Balance Sheet Details
|
Social Balance Sheet Details |
|
|
Social Balance Sheet |
Total |
|
During the reporting year |
|
|
ended 31-12-2016 |
|
|
Full-time Employees |
260 |
|
Part-time Employees |
23 |
|
Total Fte Employees |
277 |
|
Number of hours worked |
|
|
Full-time Employees |
400,300 |
|
Part-time Employees |
26,332 |
|
Total |
426,632 |
|
Personnel Charges |
|
|
Full-time Employees |
22,851,978 |
|
Part-time Employees |
1,463,749 |
|
Total |
24,315,728 |
|
Benefits In Addition To Wages |
354,360 |
|
During the previous reporting year |
|
|
Average number employees in Fte |
276 |
|
Actual working hours |
425,379 |
|
Personnel Charges |
24,302,601 |
|
Benefits In Addition To Wages |
306,328 |
|
Type
of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited Duration |
255 |
24 |
273 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
1 |
- |
1 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender
and Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
66 |
4 |
69 |
|
Secondairy education |
90 |
4 |
93 |
|
Higher education (non |
52 |
2 |
54 |
|
university) |
|
|
|
|
Higher education |
22 |
- |
22 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total
Fte |
|
Primary education |
2 |
- |
2 |
|
Secondairy education |
5 |
4 |
8 |
|
Higher education (non university) |
15 |
6 |
20 |
|
Higher education (university) |
4 |
4 |
7 |
|
Working
Category |
Full-Time |
Part-Time |
Total
Fte |
|
Management |
- |
- |
- |
|
White collar worker |
148 |
21 |
164 |
|
Blue collar worker |
108 |
3 |
110 |
|
Other |
- |
- |
- |
|
Temporary
personnel |
Total |
|
Average number of temporary staff |
10 |
|
Actual working hours |
19,870 |
|
Cost of temporary staff |
593,779 |
|
New
staff and leavers |
Full-Time |
Part-Time |
Total
Fte |
|
New Starters |
11 |
1 |
12 |
|
Leavers |
12 |
1 |
13 |
|
Total
of formal continuing vocational training initiatives |
|
|
|
for workers paid by the employer |
Male |
Female |
|
Number of employees |
123 |
33 |
|
Number of training hours |
818 |
159 |
|
Net costs for enterprise |
46,332 |
9,181 |
|
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 |
22190 |
|
Activity description |
Manufacture of other rubber products |
Payment
Information
|
Payment Information Summary |
|
|
Total number of Invoices available |
728 |
|
Total number of Invoices paid
within or up to 30 days after
the due date |
544 |
|
Total number of Invoices paid
more than 30 days after the due
date |
116 |
|
Total number of Invoices currently
outstanding where the due date has
not yet been reached |
43 |
|
Total number of Invoices currently
outstanding beyond the due date |
25 |
Suspension of payments / moratorium
history
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
76.85 |
|
Day sales outstanding |
32.41 |
Industry comparison
|
Activity code |
22190 |
|
Activity description |
Manufacture of other rubber products |
|
Industry average payment expectation days |
66.62 |
|
Industry average day sales outstanding |
83.24 |
Industry quartile analysis
Payment
expectations
|
Company result |
76.85 |
|
Lower |
58.17 |
|
Median |
33.10 |
|
Upper |
25.07 |
Day sales outstanding
|
Company result |
32.41 |
|
Lower |
70.30 |
|
Median |
55.48 |
|
Upper |
36.24 |
Shareholder
Details
Summary
|
Group - Number of Companies |
5 |
|
Linkages - Number of Companies |
1 |
|
Number of Countries |
1 |
Group Structure
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- EOC BELGIUM NV |
422191708 |
31-12-2016 |
|
- - EOC LOGISTICS NV |
400136282 |
31-12-2016 |
|
- - EOC SURFACTANTS NV |
462882515 |
31-12-2016 |
|
- - EOC UK LIMITED |
02622569 |
31-12-2016 |
|
- - EOC TAILOR MADE POLYMERS INDIA
PVT LTD |
|
|
Minority Shareholders
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
422191609 |
EOC MANAGEMENT NV |
46.93 |
31/12/2016 |
Minority Interests
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
EOC POLYMERS THAILAND LTD |
38 |
- |
|
- |
EOC PIPL LTD |
10.35 |
- |
Linked
Companies
|
Group - Number of Companies |
5 |
|
Linkages - Number of Companies |
1 |
|
Number of Countries |
1 |
Linked
Companies
|
NAME |
NUMBER |
LATEST KEY FINANCIALS |
TURNOVER |
|
EOC MANAGEMENT NV |
422191609 |
31.12.2016 |
€4.987.412 |
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 |
01/06/2015 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
GERARD MARSMAN |
|
Position |
Director |
|
Start Date |
31/12/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
31/12/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
NICOLE MARSMAN |
|
Position |
Director |
|
Start Date |
29/05/2007 |
|
Street |
24 INDUSTRIEPARK DE BRUWAAN OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Name |
Marc Weyme |
|
Position |
Director |
|
Start Date |
26/09/2000 |
|
Date of birth |
10/05/1950 |
|
Street |
16 PRUIMELSTRAAT OUDENAARDE |
|
Post code |
9700 |
|
Country |
Belgium |
|
Former director details |
|
|
Name |
EOC MANAGEMENT NV |
|
Position |
Managing Director |
|
Start Date |
26/09/2000 |
|
End Date |
31/12/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Position |
Director |
|
Start Date |
31/05/1999 |
|
End Date |
31/12/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
GERARD MARSMAN |
|
Position |
Permanent representative legal entity |
|
Start Date |
31/05/1999 |
|
End Date |
31/12/2004 |
|
Street |
|
|
Post code |
|
|
Country |
|
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 64.93 |
|
|
1 |
INR 86.06 |
|
Euro |
1 |
INR 76.39 |
|
Euro |
1 |
INR 76.57 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
DIV |
|
|
|
|
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.