|
|
|
MIRA INFORM REPORT
|
Report No. : |
485934 |
|
Report Date : |
11.01.2018 |
IDENTIFICATION DETAILS
|
Name : |
BARCO NV |
|
|
|
|
Registered Office : |
President Kennedypark 35, 8500 Kortrijk |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
09.11.2000 |
|
|
|
|
Com. Reg. No.: |
473191041 |
|
|
|
|
Legal Form : |
Public limited company |
|
|
|
|
Line of Business : |
Manufacture of other electrical equipment |
|
|
|
|
No. of Employees : |
1239 |
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 (30.06.2017) |
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
name
BARCO NV
Company
summary
|
Business number |
473191041 |
|
Branche Unit Number |
2101028611 |
|
Company name |
BARCO NV |
|
Address |
PRESIDENT KENNEDYPARK 35 |
|
|
8500 KORTRIJK |
|
Date of establishment |
09/11/2000 |
|
Telephone number |
3256233211 |
|
Mobile number |
- |
|
Fax number |
056262262 |
|
Liable for VAT |
yes |
|
VAT Number |
BE.0473.191.041 Check VAT number |
Ultimate
holding company
|
Company name |
Company Number |
|
BARCO NV |
473191041 |
Commentary
The business was established
over 17 years ago. The business has
1239 employees.
The business is part of
a group.
The business has been at
the address for over 10 years.
A 26% decline in Total
Assets occurred during the latest trading
period.
The business saw an
increase in their Cash Balance of 36%
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 |
569,504,138 |
-21,061,903 |
315,224,230 |
-213,673,851 |
|
31/12/2015 |
520,909,504 |
-42,185,397 |
346,028,472 |
-182,767,136 |
|
31/12/2014 |
589,646,974 |
10,753,250 |
331,561,452 |
-379,673,607 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
911,429,580 |
1,239 |
55,824,042 |
7,718,313 |
|
31/12/2015 |
1,233,010,191 |
1,224 |
55,649,097 |
33,123,032 |
|
31/12/2014 |
1,218,912,468 |
1,543 |
55,573,384 |
59,988,747 |
Payment
expectations
|
Past payments |
|
Payment expectation days |
68.86 |
|
Industry average payment |
49.25 |
Industry average day sales |
118.44 |
|
expectation days |
|
outstanding |
|
|
Day sales outstanding |
75.07 |
|
|
Court
data summary
BANKRUPTCY DETAILS
|
Court action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of summons |
14/09/2001 |
Company
information
|
Business number |
473191041 |
Company name |
BARCO NV |
|
Fax number |
056262262 |
Date founded |
09/11/2000 |
|
Company status |
active |
Company type |
Public limited company |
|
Currency |
Euro (€) |
Date of latest accounts |
31/12/2016 |
|
Activity code |
27900 |
Number of staff |
1239 |
|
Activity description |
Manufacture of other electrical
equipment |
|
|
|
Belgian Bullettin of Acts
Publications |
moniteur belge |
|
|
Contractor
details
|
Registered contractor |
- |
|
number |
|
|
Contractor description |
- |
|
Date struck off register |
|
|
Personnel (NSSO classification) |
|
|
Code |
- |
|
Description |
- |
|
Event Date |
30/07/2015 |
|
Event Description |
|
|
Event Details |
Bericht (Erratum: bijkomende
verkoop). Bekendmaking voorzien door artikel
11, Par 1 en Par 2 van de wet
van 14-12-2005 houdende afschaffing van
effecten aan toonder zoals gewijzigd door
de wetd van 21-12-2013. |
|
Event Date |
09/11/2000 |
|
Event Description |
Legal creation |
|
Event Details |
|
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 |
653,327,302 |
-33.04 |
975,660,954 |
8.58 |
898,536,342 |
5.49 |
851,782,276 |
13.68 |
749,278,053 |
|
Intangible fixed |
49,930,961 |
-21.37 |
63,497,323 |
-39.28 |
104,578,721 |
3.03 |
101,502,537 |
14.40 |
88,728,713 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Tangible fixed |
64,283,507 |
15.98 |
55,427,310 |
83.53 |
30,200,895 |
38.23 |
21,848,546 |
-6.06 |
23,256,959 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Land & building |
41,224,436 |
541 |
6,422,830 |
-5.82 |
6,819,476 |
-26.23 |
9,244,050 |
-7.75 |
10,020,225 |
|
Plant & machinery |
13,937,569 |
641 |
1,878,781 |
-26.60 |
2,559,503 |
-46.98 |
4,827,110 |
-11.71 |
5,467,203 |
|
Furniture & Vehicles |
4,871,345 |
136 |
2,062,453 |
-19.26 |
2,554,309 |
-24.21 |
3,370,428 |
-23.60 |
4,411,474 |
|
Leasing & Other |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Similar Rights |
|
|
|
|
|
|
|
|
|
|
Other tangible |
4,250,158 |
-90.57 |
45,063,246 |
146 |
18,267,607 |
314 |
4,406,958 |
31.24 |
3,358,057 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Financial fixed |
539,112,834 |
-37.07 |
856,736,321 |
12.17 |
763,756,726 |
4.85 |
728,431,193 |
14.30 |
637,292,381 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Total current assets |
258,102,278 |
0.29 |
257,349,237 |
-19.67 |
320,376,126 |
13.45 |
282,382,939 |
-13.20 |
325,330,622 |
|
Inventories |
72,616,657 |
4.77 |
69,313,771 |
-32.74 |
103,053,816 |
8.02 |
95,403,497 |
-15.57 |
113,002,249 |
|
Raw materials & |
30,447,155 |
0.88 |
30,182,361 |
-6.26 |
32,196,346 |
14.03 |
28,236,030 |
-22.54 |
36,454,620 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in progress |
7,664,753 |
-31.86 |
11,247,771 |
-71.19 |
39,047,970 |
22.16 |
31,965,696 |
-13.88 |
37,117,269 |
|
Finished goods |
34,504,749 |
23.75 |
27,883,639 |
-12.34 |
31,809,500 |
-9.64 |
35,201,771 |
-10.72 |
39,430,360 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
117,131,496 |
14.47 |
102,325,326 |
-23.80 |
134,289,671 |
21.61 |
110,429,052 |
-17.71 |
134,192,770 |
|
Other amounts receivable |
3,744,283 |
-74.99 |
14,972,056 |
22.18 |
12,253,853 |
-15.06 |
14,427,208 |
31.90 |
10,938,083 |
|
Cash |
503,062 |
36.13 |
369,549 |
75.86 |
210,133 |
0.59 |
208,894 |
-68.14 |
655,583 |
|
Miscellaneous current assets |
64,106,781 |
-8.90 |
70,368,535 |
-0.28 |
70,568,653 |
17.78 |
59,914,288 |
-7.12 |
64,504,437 |
|
Total Assets |
911,429,580 |
-26.08 |
1,233,010,191 |
1.16 |
1,218,912,468 |
7.47 |
1,134,165,215 |
5.54 |
1,074,608,675 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total shareholders |
365,155,191 |
-10.83 |
409,525,795 |
-6.10 |
436,140,173 |
-1.78 |
444,062,702 |
7.23 |
414,118,035 |
|
equity |
|
|
|
|
|
|
|
|
|
|
Issued share capital |
55,824,042 |
0.31 |
55,649,097 |
0.14 |
55,573,384 |
0.07 |
55,533,952 |
1.65 |
54,631,801 |
|
Share premium |
146,143,589 |
1.61 |
143,820,978 |
0.57 |
143,001,267 |
0.19 |
142,726,385 |
5.39 |
135,424,899 |
|
account |
|
|
|
|
|
|
|
|
|
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
163,187,560 |
-22.31 |
210,055,720 |
-11.58 |
237,565,522 |
-3.35 |
245,802,365 |
9.70 |
224,061,335 |
|
Provisions for |
20,177,049 |
15.75 |
17,431,832 |
5.48 |
16,526,640 |
-0.42 |
16,597,037 |
5.46 |
15,737,118 |
|
Liabilities & Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
526,097,341 |
-34.73 |
806,052,564 |
5.20 |
766,245,655 |
13.77 |
673,505,476 |
4.46 |
644,753,522 |
|
Other long term loans |
54,321,212 |
-3.10 |
56,057,772 |
27.77 |
43,874,382 |
3.97 |
42,197,532 |
56.85 |
26,903,857 |
|
Other long term liabilities |
0 |
-100 |
309,878,419 |
1288 |
22,321,540 |
644 |
2,996,813 |
-58.11 |
7,154,858 |
|
Total long term |
74,498,261 |
-80.57 |
383,368,023 |
363 |
82,722,562 |
33.87 |
61,791,382 |
24.09 |
49,795,833 |
|
debts |
|
|
|
|
|
|
|
|
|
|
Current portion of |
11,500,000 |
-26.34 |
15,612,182 |
140 |
6,500,000 |
-45.12 |
11,844,101 |
-0.20 |
11,867,511 |
|
long term debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
231,996,299 |
11.31 |
208,415,889 |
-56.96 |
484,248,389 |
18.38 |
409,056,229 |
7.71 |
379,768,043 |
|
Trade creditors |
112,217,807 |
1.05 |
111,051,586 |
10.68 |
100,332,393 |
4.66 |
95,866,905 |
-13.49 |
110,811,352 |
|
Amounts Payable for Taxes, Remuneration & Social
Security |
32,513,183 |
14.76 |
28,330,894 |
-8.30 |
30,896,355 |
-19.99 |
38,615,769 |
1.91 |
37,890,875 |
|
Miscellaneous current liabilities |
83,548,840 |
8.92 |
76,705,822 |
-1.75 |
78,072,596 |
7.05 |
72,928,127 |
3.65 |
70,357,026 |
|
Total current |
471,776,129 |
7.19 |
440,116,373 |
-37.13 |
700,049,733 |
11.42 |
628,311,131 |
2.88 |
610,694,807 |
|
liabilities |
|
|
|
|
|
|
|
|
|
|
Total Liabilities |
911,429,580 |
-26.08 |
1,233,010,191 |
1.16 |
1,218,912,468 |
7.47 |
1,134,165,215 |
5.54 |
1,074,608,675 |
|
ratio analysis |
|
|
|
|
|
|
|
|
|
|
TRADING PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
-3.70 |
45.68 |
-8.10 |
-545 |
1.82 |
-66.30 |
5.40 |
0.75 |
5.36 |
|
Return on capital employed |
-4.79 |
90.04 |
-5.32 |
-357 |
2.07 |
-70.97 |
7.13 |
-17.29 |
8.62 |
|
Return on total assets employed |
-2.31 |
67.54 |
-3.42 |
-488 |
0.88 |
-72.33 |
3.18 |
-14.52 |
3.72 |
|
Return on net assets |
-5.77 |
56.02 |
-10.30 |
-517 |
2.47 |
-69.62 |
8.13 |
-15.75 |
9.65 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales / net working |
-2.67 |
93.68 |
-2.85 |
-83.87 |
-1.55 |
80.31 |
-1.93 |
73.95 |
-2.61 |
|
capital |
|
|
|
|
|
|
|
|
|
|
Stock turnover ratio |
12.75 |
-4.21 |
13.31 |
-23.86 |
17.48 |
22.58 |
14.26 |
-6.00 |
15.17 |
|
Creditor days |
68.86 |
-5.32 |
72.73 |
16.87 |
62.23 |
13.48 |
54.84 |
-4.89 |
57.66 |
|
Debtor days |
75.07 |
4.70 |
71.70 |
-13.75 |
83.13 |
37.95 |
60.26 |
-8.34 |
65.74 |
|
SHORT TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
0.55 |
-5.17 |
0.58 |
26.09 |
0.46 |
2.22 |
0.45 |
-15.09 |
0.53 |
|
Liquidity ratio / acid ratio |
0.39 |
-9.30 |
0.43 |
38.71 |
0.31 |
3.33 |
0.30 |
-14.29 |
0.35 |
|
Current debt ratio |
1.29 |
20.56 |
1.07 |
-33.54 |
1.61 |
14.18 |
1.41 |
-4.08 |
1.47 |
|
Cashflow |
7,718,313 |
-76.70 |
33,123,032 |
-44.78 |
59,988,747 |
-28.71 |
84,143,340 |
23.75 |
67,992,416 |
|
Net worth |
315,224,230 |
-8.90 |
346,028,472 |
4.36 |
331,561,452 |
-3.21 |
342,560,165 |
5.28 |
325,389,322 |
|
LONG TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
81.56 |
19.26 |
68.39 |
-44.21 |
122.58 |
17.54 |
104.29 |
3.19 |
101.07 |
|
Equity in percentage |
42.39 |
21.05 |
35.02 |
-10.53 |
39.14 |
-8.98 |
43.00 |
2.38 |
42.00 |
|
Total debt ratio |
1.50 |
-25.37 |
2.01 |
12.29 |
1.79 |
15.48 |
1.55 |
-2.52 |
1.59 |
|
Working capital |
-213,673,851 |
-16.91 |
-182,767,136 |
48.14 |
-379,673,607 |
-9.76 |
-345,928,192 |
-21.22 |
-285,364,185 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
626,278,115 |
11.56 |
561,404,822 |
-16.80 |
674,746,551 |
-12.21 |
768,599,673 |
-7.41 |
830,123,631 |
|
Turnover |
569,504,138 |
9.33 |
520,909,504 |
-11.66 |
589,646,974 |
-11.84 |
668,830,169 |
-10.24 |
745,103,299 |
|
Total operating expenses |
594,784,123 |
6.73 |
557,299,853 |
-5.29 |
588,442,798 |
-7.77 |
638,021,907 |
-9.04 |
701,422,057 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
626,278,115 |
4.76 |
597,795,171 |
-11.25 |
673,542,375 |
-8.71 |
737,791,411 |
-6.19 |
786,442,389 |
|
Employee costs |
116,280,197 |
6.11 |
109,589,072 |
-12.12 |
124,696,617 |
-6.21 |
132,954,825 |
4.65 |
127,048,003 |
|
Wages and salary |
88,374,472 |
9.76 |
80,517,753 |
-9.88 |
89,344,666 |
-8.16 |
97,279,549 |
4.33 |
93,242,573 |
|
Employee pension costs |
811,638 |
47.54 |
550,102 |
95.89 |
280,821 |
-12.05 |
319,296 |
-14.90 |
375,207 |
|
Social security |
20,137,173 |
-2.41 |
20,634,006 |
-19.22 |
25,543,348 |
1.64 |
25,130,098 |
1.52 |
24,754,449 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other employee costs |
6,956,914 |
-11.80 |
7,887,211 |
-17.22 |
9,527,782 |
-6.83 |
10,225,882 |
17.87 |
8,675,774 |
|
Director remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization and |
31,546,830 |
-19.57 |
39,222,063 |
-17.98 |
47,822,566 |
7.54 |
44,467,654 |
20.14 |
37,012,842 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
-25,279,984 |
69.47 |
-36,390,349 |
-3122 |
1,204,176 |
-96.09 |
30,808,262 |
-29.47 |
43,681,242 |
|
Total financial income |
23,923,265 |
275 |
6,377,968 |
-80.69 |
33,035,769 |
23.17 |
26,822,084 |
7.08 |
25,047,602 |
|
Total financial expenses |
19,705,184 |
61.88 |
12,173,016 |
-48.17 |
23,486,695 |
9.01 |
21,545,163 |
-25.08 |
28,757,419 |
|
Results on ordinary operations
before taxation |
-21,061,903 |
49.93 |
-42,185,397 |
-492 |
10,753,250 |
-70.20 |
36,085,183 |
-9.72 |
39,971,425 |
|
Extraordinary Income |
35,152,187 |
-31.76 |
51,515,140 |
- |
- |
- |
53,449 |
-86.59 |
398,587 |
|
Extraordinary Charges |
38,519,622 |
113 |
18,055,623 |
1067 |
1,546,384 |
149 |
620,642 |
-95.79 |
14,743,337 |
|
Extraordinary items |
-3,367,435 |
-110 |
33,459,517 |
2163 |
-1,546,384 |
-172 |
-567,193 |
3.95 |
-14,344,750 |
|
Results for the Year Before
Taxation |
-24,429,338 |
-179 |
-8,725,880 |
-194 |
9,206,866 |
-74.08 |
35,517,990 |
38.60 |
25,626,675 |
|
Taxation |
-600,820 |
22.87 |
-2,626,849 |
88.77 |
-2,959,315 |
71.18 |
-4,157,696 |
77.67 |
-5,352,899 |
|
Results on ordinary |
-20,461,083 |
51.72 |
-39,558,548 |
-388 |
13,712,565 |
-65.93 |
40,242,879 |
-11.21 |
45,324,324 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-23,828,518 |
-290 |
-6,099,031 |
-150 |
12,166,181 |
-69.34 |
39,675,686 |
28.07 |
30,979,574 |
|
Profit (Loss) for the
Year to be appropiated |
-23,828,518 |
-290 |
-6,099,031 |
-150 |
12,166,181 |
-69.34 |
39,675,686 |
28.07 |
30,979,574 |
|
Dividends |
23,291,754 |
9.93 |
21,187,684 |
9.42 |
19,364,269 |
5.18 |
18,410,435 |
9.22 |
16,856,116 |
Social
Balance Sheet Details
|
Social Balance Sheet Details |
|
|
|
|
Social Balance Sheet |
|
Total |
|
|
During the reporting year |
|
|
|
|
ended 31-12-2016 |
|
|
|
|
Full-time Employees |
|
1,062 |
|
|
Part-time Employees |
|
226 |
|
|
Total Fte Employees |
|
1,239 |
|
|
Number of hours worked |
|
|
|
|
Full-time Employees |
|
1,704,659 |
|
|
Part-time Employees |
|
267,969 |
|
|
Total |
|
1,972,628 |
|
|
Personnel Charges |
|
|
|
|
Full-time Employees |
|
103,968,388 |
|
|
Part-time Employees |
|
11,500,171 |
|
|
Total |
|
115,468,559 |
|
|
Benefits In Addition To Wages |
|
1,302,487 |
|
|
During the previous reporting year |
|
|
|
|
Average number employees in Fte |
|
1,224 |
|
|
Actual working hours |
|
1,939,687 |
|
|
Personnel Charges |
|
103,237,316 |
|
|
Benefits In Addition To Wages |
|
1,282,918 |
|
|
Type of Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited Duration |
1,016 |
224 |
1,191 |
|
Contracts |
|
|
|
|
Limited Duration Contracts |
55 |
- |
55 |
|
Contracts For Specific Work |
- |
- |
- |
|
Contracts Regarding Substitution |
- |
- |
- |
|
Gender and Education Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
5 |
5 |
9 |
|
Secondairy education |
168 |
22 |
185 |
|
Higher education (non |
375 |
27 |
395 |
|
university) |
|
|
|
|
Higher education |
204 |
3 |
207 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary education |
6 |
8 |
12 |
|
Secondairy education |
129 |
103 |
208 |
|
Higher education (non |
86 |
35 |
114 |
|
university) |
|
|
|
|
Higher education |
98 |
21 |
115 |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
8 |
- |
8 |
|
White collar worker |
832 |
100 |
911 |
|
Blue collar worker |
231 |
124 |
327 |
|
Other |
- |
- |
- |
|
Temporary personnel |
|
Total |
|
|
Average number of temporary
staff |
|
43 |
|
|
Actual working hours |
|
84,031 |
|
|
Cost of temporary staff |
|
2,906,177 |
|
|
New staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New Starters |
145 |
3 |
147 |
|
Leavers |
84 |
11 |
92 |
|
Total of formal continuing
vocational training initiatives |
|
|
|
|
for workers paid by the
employer |
Male |
Female |
|
|
Number of employees |
734 |
479 |
|
|
Number of training hours |
24,631 |
11,584 |
|
|
Net costs for enterprise |
665,787 |
206,902 |
|
|
Total of less formal and
informal continuing vocational |
|
|
|
|
training initiatives for
workers paid by the employer |
Male |
Female |
|
|
Number of employees |
810 |
429 |
|
|
Number of training hours |
42,138 |
15,367 |
|
|
Net costs for enterprise |
2,787,937 |
846,217 |
|
|
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 |
27900 |
|
Activity description |
Manufacture of other electrical
equipment |
Payment
Information
|
Payment Information Summary |
|
|
Total number of Invoices
available |
1653 |
|
Total number of Invoices
paid within or up to 30 days
after the due date |
1422 |
|
Total number of Invoices
paid more than 30 days after the
due date |
195 |
|
Total number of Invoices
currently outstanding where the due date
has not yet been reached |
22 |
|
Total number of Invoices
currently outstanding beyond the due date |
14 |
Suspension of payments /
moratorium history
|
Amount |
- |
|
Details |
- |
|
Payment expectations |
|
|
Payment expectation days |
68.86 |
|
Day sales outstanding |
75.07 |
|
Industry comparison |
|
|
Activity code |
27900 |
|
Activity description |
Manufacture of other electrical
equipment |
|
Industry average payment |
49.25 |
|
expectation days |
|
|
Industry average day sales |
118.44 |
|
outstanding |
|
|
Industry quartile analysis |
|
|
Payment expectations |
|
|
Company result |
68.86 |
|
Lower |
66.50 |
|
Median |
37.21 |
|
Upper |
12.18 |
Day sales outstanding
|
Company result |
75.07 |
|
Lower |
108.82 |
|
Median |
83.51 |
|
Upper |
51.20 |
Shareholder
Details
|
Summary |
|
|
Group - Number of Companies |
32 |
|
Linkages - Number of Companies |
53 |
|
Number of Countries |
26 |
|
Group Structure |
|
|
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- BARCO NV |
473191041 |
31-12-2016 |
|
- - BARCO COORDINATION CENTER NV |
431157278 |
31-12-2016 |
|
- - BARCO INTEGRATED SOLUTIONS NV |
429790271 |
31-12-2016 |
|
- - BARCO SILEX SA |
445977591 |
31-12-2016 |
|
- - BARCO GMBH |
HRB 110607 |
31-12-2014 |
|
- - BARCO SILEX SAS |
437779747 |
31-12-2016 |
|
- - BARCO SAS |
431967967 |
31-12-2016 |
|
- - JAOTECH LIMITED |
05908722 |
31-12-2015 |
|
Minority Shareholders |
|
|
|
|
|
Business |
Company name |
% |
|
Date of |
|
number |
|
|
|
accounts |
|
421600008 |
VLAAMSE |
9.86 |
- |
31/03/2011 |
|
|
INVESTERINGSMAATSCHAPPIJ |
|
|
|
|
|
NV |
|
|
|
|
- |
NORGES BANK |
3.18 |
- |
- |
|
Minority Interests |
|
|
|
|
|
Business |
Company name |
% |
|
Date of |
|
number |
|
|
|
accounts |
|
460616178 |
AURO TECHNOLOGIES NV |
10 |
€0 |
31/12/2015 |
|
Linked Companies |
|
|
Summary |
|
|
Group - Number of Companies |
32 |
|
Linkages - Number of Companies |
53 |
|
Number of Countries |
26 |
Linked
Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
|
|
|
|
|
BARCO B.V. |
17089611 |
31.12.2016 |
€728.275 |
|
AURO TECHNOLOGIES NV |
460616178 |
31.12.2015 |
€380.144 |
|
BARCO FREDRIKSTAD AS |
983521908 |
31.12.2016 |
334.796 |
|
|
|
|
KNOK |
|
INNOVATIVE DESIGN NV |
427422976 |
31.12.2015 |
- |
|
AURO HOLDING NV |
449129004 |
31.12.2016 |
- |
|
BARCO CONTROL ROOMS GMBH |
HRB 102241 |
31.12.2014 |
€110.305.149 |
|
BARCO LIMITED |
04039048 |
31.12.2016 |
£2.494.180 |
|
HARRIS ORTHOGON GMBH |
HRB 23374 |
30.06.2016 |
- |
|
|
HB |
|
|
|
ESTERLINE AVIONICS & CONTROLS |
401431820 |
30.09.2016 |
€6.038.376 |
|
FRANCE AMA S.R.L. |
|
|
|
|
|
02530500137 |
31.12.2016 |
€75.506 |
|
BARCO S.R.L. |
01803800125 |
31.12.2016 |
€4.475.357 |
|
VLAAMSE |
421600008 |
31.03.2011 |
- |
|
INVESTERINGSMAATSCHAPPIJ NV |
|
|
|
|
BARCO NORWAY AS |
991552391 |
31.12.2015 |
1.532 KNOK |
|
HABORNVEIEN HJEMMEL 1 AS |
997523792 |
31.12.2011 |
- |
|
HABORNVEIEN HJEMMEL AS |
997559878 |
31.12.2016 |
- |
|
DERMA + S.R.L. IN LIQUIDAZIONE |
03009970132 |
31.12.2016 |
€62.372 |
|
IDEA S.R.L. FIMI SRL |
03012810960 |
31.12.2016 |
€1.906.465 |
|
|
02738510136 |
31.12.2016 |
€15.005 |
|
BARCO SVERIGE AB |
5566595723 |
31.12.2016 |
13.544 |
|
|
|
|
KSEK |
|
SEDO TREEPOINT GMBH |
HRB 3026 |
31.12.2015 |
- |
|
Summons |
|
|
|
|
|
Legal event type |
Social Security Summons |
|
|
Event date |
|
14/09/2001 |
|
|
Court type |
|
|
Court name |
|
|
Creditor's name |
|
3rd party type |
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 |
29/04/2017 |
|
Street |
45 Spinnerijkaai Kortrijk |
|
Post code |
8500 |
|
Country |
Belgium |
|
Name |
Jan De Witte |
|
Name |
Frank Donck |
|
Position |
Director |
|
Start Date |
30/04/2015 |
|
Street |
62 Floridalaan Uccle |
|
Post code |
1180 |
|
Country |
Belgium |
|
Name |
Charles-Lambert Beauduin |
|
Position |
Director |
|
Start Date |
01/01/2015 |
|
Street |
444 LENNIKSESTEENWEG Halle |
|
Post code |
1500 |
|
Country |
Belgium |
|
Name |
Luc Missorten |
|
Position |
Director |
|
Start Date |
22/09/2014 |
|
Date of birth |
24/06/1955 |
|
Street |
67 SLIJKSTRAAT LUBBEEK |
|
Post code |
3212 |
|
Country |
Belgium |
|
Name |
Hilde Laga |
|
Position |
Director |
|
Start Date |
24/04/2014 |
|
Street |
26 WOLVENDREEF KORTRIJK |
|
Post code |
8500 |
|
Country |
Belgium |
|
Name |
ADISYS CORPORATION BO |
|
Position |
Director |
|
Start Date |
25/04/2013 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
ASHOK JAIN |
|
Position |
Director |
|
Start Date |
24/10/2012 |
|
Date of birth |
23/06/1955 |
|
Street |
|
|
Post code |
|
|
Country |
United States |
|
Position |
Permanent representative legal entity |
|
Start Date |
25/04/2013 |
|
Date of birth |
23/06/1955 |
|
Street |
|
|
Post code |
|
|
Country |
United States |
|
Name |
KANKU BVBA |
|
Position |
Director |
|
Start Date |
26/04/2012 |
|
Name |
OOSTERVELD NEDERLAND BV BO |
|
Position |
Director |
|
Start Date |
28/04/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
PRAKSIS BVBA |
|
Position |
Director |
|
Start Date |
24/04/2008 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Christina von Wackerbarth |
|
Position |
Permanent representative legal entity |
|
Start Date |
26/04/2012 |
|
Street |
39 BEGIJNENVEST ANTWERPEN |
|
Post code |
2000 |
|
Country |
Belgium |
|
Name |
Antoon De Proft |
|
Position |
Permanent representative legal entity |
|
Start Date |
12/12/2011 |
|
Street |
1 NAAMSESTEENWEG Blanden |
|
Post code |
3052 |
|
Country |
Belgium |
|
Name |
JAN OOSTERVELD |
|
Position |
Permanent representative legal entity |
|
Start Date |
28/04/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Bruno Holthof |
|
Position |
Permanent representative legal entity |
|
Start Date |
24/04/2008 |
|
Street |
29 DE GOUDVINK Schilde |
|
Post code |
2970 |
|
Country |
Belgium |
|
Current mandates in other
companies |
|
|
Name |
AURO TECHNOLOGIES NV |
|
Business number |
460616178 |
|
Position |
Director |
|
Start Date |
10/07/2017 |
|
Business number |
460616178 |
|
Position |
Permanent representative legal entity |
|
Start Date |
10/07/2017 |
|
Name |
FLEMISH AEROSPACE GROUP VZW VZW |
|
Business number |
421390071 |
|
Position |
Director |
|
Start Date |
03/06/2010 |
|
Business number |
421390071 |
|
Position |
Permanent representative legal entity |
|
Start Date |
14/06/2013 |
|
Name |
CHAMBRE DE COMMERCE
CANADA-BELGIQUE-LUXEMBOURG-'KAMER VAN |
|
|
KOOPHANDEL CANADA-BELGIE-LUXEMBURG
-'CHAMBER OF COMMERCE |
|
|
CANADA-BELGIUM-LUXEMBOURG. VZW |
|
Business number |
406676557 |
|
Position |
Director |
|
Start Date |
11/06/2009 |
|
Name |
VLAAMS-CHINESE KAMER VAN
KOOPHANDEL VZW |
|
Business number |
871222920 |
|
Position |
Director |
|
Start Date |
28/12/2004 |
|
Former director details |
|
|
Name |
Eric Van Zele |
|
Position |
Managing Director |
|
Start Date |
11/06/2010 |
|
End Date |
12/09/2016 |
|
Date of birth |
19/05/1948 |
|
Street |
9 HERTENLAAN HOEILAART |
|
Post code |
1560 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
27/04/2017 |
|
Date of birth |
19/05/1948 |
|
Street |
9 HERTENLAAN HOEILAART |
|
Post code |
1560 |
|
Country |
Belgium |
|
Name |
Martin De Prycker |
|
Position |
Managing Director |
|
Start Date |
11/06/2010 |
|
End Date |
11/06/2010 |
|
Date of birth |
16/01/1955 |
|
Street |
41 DE CAUWERSTRAAT SINT-NIKLAAS |
|
Post code |
9100 |
|
Country |
Belgium |
|
Position |
Managing Director |
|
Start Date |
08/05/2002 |
|
End Date |
16/01/2009 |
|
Date of birth |
16/01/1955 |
|
Street |
41 DE CAUWERSTRAAT SINT-NIKLAAS |
|
Post code |
9100 |
|
Country |
Belgium |
|
Position |
Director |
|
Start Date |
08/05/2002 |
|
End Date |
30/04/2009 |
|
Date of birth |
16/01/1955 |
|
Street |
41 DE CAUWERSTRAAT SINT-NIKLAAS |
|
Post code |
9100 |
|
Country |
Belgium |
|
Name |
ADP VISION BVBA |
|
Position |
Director |
|
Start Date |
12/12/2011 |
|
End Date |
27/04/2017 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Herman Daems |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
01/01/2015 |
|
Date of birth |
19/07/1946 |
|
Street |
20 KRUISBOOGLAAN LUBBEEK |
|
Post code |
3210 |
|
Country |
Belgium |
|
Name |
LUMIS NV |
|
Position |
Director |
|
Start Date |
01/09/2008 |
|
End Date |
18/09/2014 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
BONEM BEHEER BVBA |
|
Position |
Director |
|
Start Date |
29/04/2010 |
|
End Date |
25/04/2013 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Christina von Wackerbarth |
|
Position |
Director |
|
Start Date |
03/05/2006 |
|
End Date |
26/04/2012 |
|
Street |
39 BEGIJNENVEST ANTWERPEN |
|
Post code |
2000 |
|
Country |
Belgium |
|
Name |
Marc Vercruysse |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
26/04/2012 |
|
Name |
DR. IR. U. VANDEURZEN
MANAGEMENT FIRM NV |
|
Position |
Director |
|
Start Date |
30/04/2009 |
|
End Date |
10/06/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
JAN OOSTERVELD |
|
Position |
Director |
|
Start Date |
28/05/2004 |
|
End Date |
28/04/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Marc Ooms |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
29/04/2010 |
|
Date of birth |
22/09/1954 |
|
Street |
240 KORTRIJKSEPOORTSTRAAT GENT |
|
Post code |
9000 |
|
Country |
Belgium |
|
Position |
Permanent representative legal entity |
|
Start Date |
29/04/2010 |
|
End Date |
25/04/2013 |
|
Date of birth |
22/09/1954 |
|
Street |
240 KORTRIJKSEPOORTSTRAAT GENT |
|
Post code |
9000 |
|
Country |
Belgium |
|
Name |
JOHN HUGHES |
|
Position |
Director |
|
Start Date |
03/05/2006 |
|
End Date |
30/04/2009 |
|
Date of birth |
20/07/1951 |
|
Street |
|
|
Post code |
|
|
Country |
United Kingdom |
|
Name |
Philippe Naert |
|
Position |
Director |
|
Start Date |
08/05/2002 |
|
End Date |
24/04/2008 |
|
Date of birth |
24/05/1943 |
|
Street |
2 FAIRYBANKHELLING KOKSIJDE |
|
Post code |
8670 |
|
Country |
Belgium |
|
Name |
Jozef Cornu |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
13/12/2007 |
|
Date of birth |
15/11/1944 |
|
Street |
13 GROUWESTEENSTRAAT SINT-GILLIS-WAAS |
|
Post code |
9170 |
|
Country |
Belgium |
|
Name |
Robert Verhoeven |
|
Position |
Director |
|
Start Date |
09/11/2000 |
|
End Date |
26/04/2007 |
|
Street |
24 HALVEMAANSTRAAT SINT-AMANDS |
|
Post code |
2890 |
|
Country |
Belgium |
|
Name |
Hugo Vandamme |
|
Position |
Director |
|
Start Date |
08/05/2002 |
|
End Date |
04/05/2005 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Luc Missorten |
|
Position |
Permanent representative legal entity |
|
Start Date |
01/09/2008 |
|
End Date |
18/09/2014 |
|
Date of birth |
24/06/1955 |
|
Street |
67 SLIJKSTRAAT LUBBEEK |
|
Post code |
3212 |
|
Country |
Belgium |
|
Name |
Urbanus Vandeurzen |
|
Position |
Permanent representative legal entity |
|
Start Date |
30/04/2009 |
|
End Date |
10/06/2011 |
|
Street |
|
|
Post code |
|
|
Country |
|
|
Name |
Jan De Witte |
|
Position |
Person responsible for
day-to-day management |
|
Start Date |
12/09/2016 |
|
End Date |
29/04/2017 |
|
Street |
45 Spinnerijkaai Kortrijk |
|
Post code |
8500 |
|
Country |
Belgium |
|
Former mandates in other
companies |
|
|
Name |
BELGIAN SECURITY & DEFENCE
INDUSTRY VZW |
|
Business number |
862118875 |
|
Position |
Director |
|
Start Date |
14/10/2003 |
|
End Date |
29/01/2016 |
|
Name |
LEVENSLANGE TEWERKSTELBAARHEID VZW |
|
Business number |
473977533 |
|
Position |
Director |
|
Start Date |
14/06/2004 |
|
End Date |
21/03/2011 |
|
Business number |
473977533 |
|
Position |
Permanent representative legal entity |
|
Start Date |
27/06/2007 |
|
End Date |
21/03/2011 |
|
Business number |
473977533 |
|
Position |
Permanent representative legal entity |
|
Start Date |
02/06/2005 |
|
End Date |
26/06/2007 |
|
Name |
VLAAMS-CHINESE KAMER VAN
KOOPHANDEL VZW |
|
Business number |
871222920 |
|
Position |
Permanent representative legal entity |
|
Start Date |
28/12/2004 |
|
End Date |
18/05/2015 |
|
Name |
FLEMISH AEROSPACE GROUP VZW VZW |
|
Business number |
421390071 |
|
Position |
Permanent representative legal entity |
|
Start Date |
11/05/2012 |
|
End Date |
14/06/2013 |
|
Business number |
421390071 |
|
Position |
Permanent representative legal entity |
|
Start Date |
03/06/2010 |
|
End Date |
14/06/2013 |
|
Name |
FLANDERS TRADELINK VZW |
|
Business number |
433781129 |
|
Position |
Permanent representative legal entity |
|
Start Date |
31/12/2004 |
|
End Date |
31/12/2004 |
|
Business number |
433781129 |
|
Position |
Liquidator |
|
Start Date |
31/12/2004 |
|
End Date |
31/12/2004 |
|
Name |
DOTRIX NV |
|
Business number |
426869284 |
|
Position |
Permanent representative legal entity |
|
Start Date |
27/05/2004 |
|
End Date |
06/12/2004 |
|
Business number |
426869284 |
|
Position |
Liquidator |
|
Start Date |
27/05/2004 |
|
End Date |
06/12/2004 |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 63.83 |
|
|
1 |
INR 86.28 |
|
Euro |
1 |
INR 76.14 |
|
Euro |
1 |
INR 76.06 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
VIV |
|
|
|
|
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.