|
|
|
MIRA
INFORM REPORT
|
Report No. : |
495313 |
|
Report Date : |
06.03.2018 |
IDENTIFICATION DETAILS
|
Name : |
GEMASIA BVBA |
|
|
|
|
Registered Office : |
Hoveniersstraat
53-Bus 49, 2018 Antwerpen |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
12.06.1991 |
|
|
|
|
Com. Reg. No.: |
444382041 |
|
|
|
|
Legal Form : |
Private
limited liability company |
|
|
|
|
Line of Business : |
Wholesale
of diamonds and other precious stones |
|
|
|
|
No. of Employees : |
7 |
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 : |
Slow but Correct |
|
|
|
|
Litigation : |
Clear |
NOTES :
Any query related to this report can be made
on e-mail : infodept@mirainform.com
while quoting report number, name and date.
ECGC Country Risk Classification List
|
Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
|
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
GEMASIA BVBA
Company summary
|
Business
number |
444382041 |
|
Branche
Unit Number |
2053332028 |
|
Company
name |
GEMASIA
BVBA |
|
Address |
HOVENIERSSTRAAT
53-BUS 49 |
|
|
2018
ANTWERPEN |
|
Date
of establishment |
12/06/1991 |
|
Telephone
number |
3232327580 |
|
Mobile
number |
- |
|
Fax
number |
032326731 |
|
Liable
for VAT |
yes |
|
VAT
Number |
BE.0444.382.041
Check VAT number |
Commentary
The
business was established over 26 years ago.
The business has 7 employees.
The
business has been at the address for
over 15 years.
Operating
Result in the latest trading period
increased 394% on the previous trading
period.
Net
Worth increased by 87% during the
latest trading period.
Pre-tax
profits increased by 6224% compared to
the previous trading period.
The
business saw a decrease in their Cash
Balance of 82% during the latest
trading period.
Annual accounts
|
DATE OF
LATEST ACCOUNTS |
TURNOVER |
PROFIT
BEFORE TAX |
NET WORTH |
WORKING
CAPITAL |
|
31/12/2016 |
184,181,621 |
4,297,436 |
8,310,406 |
16,153,854 |
|
31/12/2015 |
159,764,408 |
67,953 |
4,428,353 |
11,972,553 |
|
31/12/2014 |
235,929,046 |
304,962 |
4,379,820 |
11,077,882 |
|
Accounts |
|
|
|
|
|
DATE OF
LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER
OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
45,162,186 |
7 |
3,100,000 |
3,918,689 |
|
31/12/2015 |
54,892,709 |
7 |
3,100,000 |
94,262 |
|
31/12/2014 |
60,178,266 |
7 |
3,100,000 |
239,429 |
Payment expectations
|
Past
payments |
|
Payment
expectation days |
17.18 |
|
Industry
average payment |
200.93 |
Industry
average day sales |
212.08 |
|
expectation
days |
|
outstanding |
|
|
Day
sales outstanding |
63.76 |
|
|
Court data summary
BANKRUPTCY
DETAILS
|
Court
action type |
no |
PROTESTED BILLS
|
Bill
amount |
- |
NSSO DETAILS
|
Date
of summons |
27/01/2014 |
Company information
|
Business
number |
444382041 |
Company
name |
GEMASIA
BVBA |
|
Fax
number |
032326731 |
Date
founded |
12/06/1991 |
|
Company
status |
active |
Company
type |
Private
limited liability |
|
|
|
|
company |
|
Currency |
Euro
(€) |
Date
of latest accounts |
31/12/2016 |
|
Activity
code |
46761 |
Number
of staff |
7 |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
|
|
|
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 |
200 |
|
Description |
Additional
joint committee for the employees |
|
category |
|
|
JIC
Code |
324 |
|
Description |
Joint
committee for the industry and the
trade in diamant |
|
category |
|
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 |
457,473 |
-7.19 |
492,909 |
-4.02 |
513,546 |
-4.79 |
539,360 |
-5.04 |
567,978 |
|
Intangible fixed assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Tangible fixed assets |
455,360 |
-7.22 |
490,796 |
-4.03 |
511,432 |
-4.81 |
537,247 |
-5.06 |
565,865 |
|
Land & building |
429,816 |
-4.39 |
449,573 |
-4.21 |
469,331 |
-4.04 |
489,089 |
-4.55 |
512,400 |
|
Plant & machinery |
1,983 |
-43.28 |
3,496 |
-32.02 |
5,142 |
19.36 |
4,308 |
33.64 |
3,224 |
|
Furniture & Vehicles |
23,561 |
-37.55 |
37,727 |
2.08 |
36,959 |
-15.71 |
43,850 |
-12.72 |
50,241 |
|
Leasing & Other
Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible assets |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Financial fixed assets |
2,113 |
0 |
2,113 |
-0.04 |
2,114 |
0.04 |
2,113 |
0 |
2,113 |
|
Total current assets |
44,704,713 |
-17.82 |
54,399,800 |
-8.82 |
59,664,720 |
10.91 |
53,793,457 |
9.54 |
49,107,338 |
|
Inventories |
11,820,856 |
-25.45 |
15,855,451 |
49.63 |
10,596,566 |
-11.72 |
12,002,832 |
69.46 |
7,082,808 |
|
Raw materials &
consumables |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Work in progress |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Finished goods |
11,820,856 |
-25.45 |
15,855,451 |
49.63 |
10,596,566 |
-11.72 |
12,002,832 |
69.46 |
7,082,808 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
32,174,200 |
-7.10 |
34,633,022 |
-23.79 |
45,443,428 |
13.72 |
39,961,903 |
-2.34 |
40,920,675 |
|
Other amounts receivable |
20,659 |
-22.53 |
26,666 |
48.14 |
18,001 |
-50.09 |
36,070 |
177 |
13,000 |
|
Cash |
688,322 |
-82.27 |
3,881,607 |
7.71 |
3,603,907 |
102 |
1,784,103 |
64.75 |
1,082,929 |
|
Miscellaneous current assets |
675 |
-77.90 |
3,054 |
8.38 |
2,818 |
-67.04 |
8,550 |
7.87 |
7,926 |
|
Total Assets |
45,162,186 |
-17.73 |
54,892,709 |
-8.78 |
60,178,266 |
10.76 |
54,332,817 |
9.38 |
49,675,316 |
|
Liabilities
|
|
|
|
|
|
|
|
|
|
|
Total shareholders equity |
8,310,406 |
87.66 |
4,428,353 |
1.11 |
4,379,820 |
4.83 |
4,178,064 |
5.20 |
3,971,557 |
|
Issued share capital |
3,100,000 |
0 |
3,100,000 |
0 |
3,100,000 |
0 |
3,100,000 |
0 |
3,100,000 |
|
Share premium account |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Revaluation reserve |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Reserves |
5,210,406 |
292 |
1,328,353 |
3.79 |
1,279,820 |
18.71 |
1,078,064 |
23.69 |
871,557 |
|
Provisions for
Liabilities & Charges |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
36,851,780 |
-26.97 |
50,464,356 |
-9.56 |
55,798,446 |
11.25 |
50,154,753 |
9.74 |
45,703,759 |
|
Other long term loans |
8,300,920 |
3.28 |
8,037,108 |
11.45 |
7,211,608 |
13.58 |
6,349,517 |
-4.11 |
6,621,424 |
|
Other long term
liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total long term debts |
8,300,920 |
3.28 |
8,037,108 |
11.45 |
7,211,608 |
13.58 |
6,349,517 |
-4.11 |
6,621,424 |
|
Current portion of
long term debt |
0 |
-100 |
4,624 |
-56.94 |
10,739 |
4.75 |
10,252 |
4.75 |
9,787 |
|
Financial debts |
18,343,951 |
-5.98 |
19,509,957 |
-30.55 |
28,092,833 |
31.09 |
21,430,311 |
3.56 |
20,694,413 |
|
Trade creditors |
8,395,325 |
-61.72 |
21,931,313 |
11.65 |
19,642,336 |
-9.94 |
21,810,579 |
23.17 |
17,708,278 |
|
Amounts Payable for
Taxes, |
515,238 |
177 |
185,747 |
-46.30 |
345,897 |
19.49 |
289,469 |
-15.32 |
341,856 |
|
Remuneration & Social
Security |
|
|
|
|
|
|
|
|
|
|
Miscellaneous current
liabilities |
1,296,345 |
62.94 |
795,607 |
60.72 |
495,033 |
87.07 |
264,624 |
-19.32 |
328,000 |
|
Total current liabilities |
28,550,860 |
-32.71 |
42,427,247 |
-12.68 |
48,586,838 |
10.92 |
43,805,236 |
12.08 |
39,082,335 |
|
Total Liabilities |
45,162,186 |
-17.73 |
54,892,709 |
-8.78 |
60,178,266 |
10.76 |
54,332,817 |
9.38 |
49,675,316 |
|
ratio
analysis |
|
|
|
|
|
|
|
|
|
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit Before Tax |
2.33 |
5725 |
0.04 |
-69.23 |
0.13 |
8.33 |
0.12 |
0 |
0.12 |
|
Return on capital
employed |
25.87 |
4603 |
0.55 |
-79.09 |
2.63 |
-11.15 |
2.96 |
23.85 |
2.39 |
|
Return on total
assets employed |
9.52 |
7833 |
0.12 |
-76.47 |
0.51 |
-10.53 |
0.57 |
11.76 |
0.51 |
|
Return on net
assets employed |
51.71 |
3279 |
1.53 |
-78.02 |
6.96 |
-6.83 |
7.47 |
16.90 |
6.39 |
|
Sales / net working
capital |
11.40 |
-14.54 |
13.34 |
-37.37 |
21.30 |
-16.27 |
25.44 |
25.57 |
20.26 |
|
Stock turnover ratio |
6.42 |
-35.28 |
9.92 |
120 |
4.49 |
-4.87 |
4.72 |
35.24 |
3.49 |
|
Creditor days |
17.18 |
-65.97 |
50.48 |
64.81 |
30.63 |
-2.76 |
31.50 |
-1.69 |
32.04 |
|
Debtor days |
63.76 |
-19.41 |
79.12 |
12.55 |
70.30 |
22.47 |
57.40 |
-21.96 |
73.55 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
1.57 |
22.66 |
1.28 |
4.07 |
1.23 |
0 |
1.23 |
-2.38 |
1.26 |
|
Liquidity ratio /
acid ratio |
1.15 |
26.37 |
0.91 |
-9.90 |
1.01 |
6.32 |
0.95 |
-12.04 |
1.08 |
|
Current debt ratio |
3.44 |
-64.09 |
9.58 |
-13.62 |
11.09 |
5.82 |
10.48 |
6.50 |
9.84 |
|
Cashflow |
3,918,689 |
4057 |
94,262 |
-60.63 |
239,429 |
-2.60 |
245,823 |
11.81 |
219,850 |
|
Net worth |
8,310,406 |
87.66 |
4,428,353 |
1.11 |
4,379,820 |
4.83 |
4,178,064 |
5.20 |
3,971,557 |
|
LONG
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
320.62 |
-48.47 |
622.17 |
-22.84 |
806.32 |
21.23 |
665.14 |
-3.33 |
688.03 |
|
Equity in percentage |
18.40 |
128 |
8.07 |
10.85 |
7.28 |
-5.33 |
7.69 |
-3.88 |
8.00 |
|
Total debt ratio |
4.43 |
-61.14 |
11.40 |
-10.52 |
12.74 |
6.17 |
12.00 |
4.26 |
11.51 |
|
Working capital |
16,153,854 |
34.92 |
11,972,553 |
8.08 |
11,077,882 |
10.91 |
9,988,221 |
-0.37 |
10,025,003 |
|
Profit & loss |
|
|
|
|
|
|
|
|
|
|
Operating Income |
184,215,110 |
15.28 |
159,801,945 |
-32.28 |
235,963,869 |
-7.17 |
254,189,062 |
25.15 |
203,108,976 |
|
Turnover |
184,181,621 |
15.28 |
159,764,408 |
-32.28 |
235,929,046 |
-7.16 |
254,128,968 |
25.14 |
203,077,100 |
|
Total operating expenses |
178,357,559 |
12.47 |
158,585,481 |
-32.26 |
234,093,446 |
-7.38 |
252,743,471 |
25.27 |
201,751,524 |
|
Gross Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating Charges |
184,215,110 |
16.13 |
158,623,018 |
-32.25 |
234,128,269 |
-7.39 |
252,803,565 |
25.28 |
201,783,400 |
|
Employee costs |
297,789 |
4.16 |
285,894 |
17.73 |
242,832 |
17.72 |
206,279 |
-3.59 |
213,960 |
|
Wages and salary |
234,126 |
4.66 |
223,697 |
17.74 |
189,992 |
17.47 |
161,733 |
-4.47 |
169,305 |
|
Employee pension costs |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Social security contributions |
55,752 |
-1.16 |
56,407 |
20.41 |
46,847 |
16.45 |
40,228 |
-0.33 |
40,361 |
|
Other employee costs |
7,910 |
36.62 |
5,790 |
-3.39 |
5,993 |
38.77 |
4,319 |
0.58 |
4,294 |
|
Director remuneration |
238,624 |
- |
- |
- |
238,454 |
0.36 |
237,606 |
0.40 |
236,659 |
|
Amortization and |
36,636 |
-19.88 |
45,729 |
21.38 |
37,673 |
-4.18 |
39,315 |
-21.79 |
50,271 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
5,824,062 |
394 |
1,178,927 |
-35.77 |
1,835,600 |
32.49 |
1,385,497 |
4.52 |
1,325,576 |
|
Total financial income |
26,334 |
54.96 |
16,994 |
-37.35 |
27,127 |
3583 |
737 |
-95.21 |
15,366 |
|
Total financial expenses |
1,552,960 |
37.68 |
1,127,968 |
-27.59 |
1,557,765 |
45.01 |
1,074,277 |
-1.19 |
1,087,246 |
|
Results on ordinary |
4,297,436 |
6224 |
67,953 |
-77.72 |
304,962 |
-2.24 |
311,957 |
22.96 |
253,696 |
|
operations before taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary Income |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary Charges |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Extraordinary items |
- |
- |
- |
- |
0 |
- |
0 |
- |
0 |
|
Results for the
Year Before |
4,297,436 |
6224 |
67,953 |
-77.72 |
304,962 |
-2.24 |
311,957 |
22.96 |
253,696 |
|
Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
415,383 |
2039 |
19,419 |
-81.18 |
103,206 |
-2.13 |
105,449 |
25.36 |
84,117 |
|
Results on ordinary |
3,882,053 |
7898 |
48,534 |
-75.94 |
201,756 |
-2.30 |
206,508 |
21.78 |
169,579 |
|
operations after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
3,882,053 |
7898 |
48,534 |
-75.94 |
201,756 |
-2.30 |
206,508 |
21.78 |
169,579 |
|
Profit (Loss) for
the Year to be appropiated |
3,882,053 |
7898 |
48,534 |
-75.94 |
201,756 |
-2.30 |
206,508 |
21.78 |
169,579 |
|
Dividends |
- |
- |
- |
- |
- |
- |
- |
- |
- |
Social Balance Sheet Details
Social
Balance Sheet Details
|
Social
Balance Sheet |
|
Total |
|
|
During
the reporting year |
|
|
|
|
ended
31-12-2016 |
|
|
|
|
Full-time
Employees |
|
7 |
|
|
Part-time
Employees |
|
- |
|
|
Total
Fte Employees |
|
7 |
|
|
Number
of hours worked |
|
|
|
|
Full-time
Employees |
|
12,238 |
|
|
Part-time
Employees |
|
- |
|
|
Total |
|
12,238 |
|
|
Personnel
Charges |
|
|
|
|
Full-time
Employees |
|
297,789 |
|
|
Part-time
Employees |
|
- |
|
|
Total |
|
297,789 |
|
|
Benefits
In Addition To Wages |
|
- |
|
|
During
the previous reporting year |
|
|
|
|
Average
number employees in Fte |
|
7 |
|
|
Actual
working hours |
|
12,093 |
|
|
Personnel
Charges |
|
285,894 |
|
|
Benefits
In Addition To Wages |
|
- |
|
|
Type of
Contract |
Full-Time |
Part-Time |
Total Fte |
|
Unlimited
Duration |
7 |
- |
7 |
|
Contracts |
|
|
|
|
Limited
Duration Contracts |
- |
- |
- |
|
Contracts
For Specific Work |
- |
- |
- |
|
Contracts
Regarding |
- |
- |
- |
|
Substitution |
|
|
|
|
Gender and
Education |
|
|
|
|
Level |
|
|
|
|
Men |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
1 |
- |
1 |
|
Secondairy
education |
3 |
- |
3 |
|
Higher
education (non |
- |
- |
- |
|
university) |
|
|
|
|
Higher
education |
- |
- |
- |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
1 |
- |
1 |
|
Higher
education (non university) |
2 |
- |
2 |
|
Higher
education (university) |
- |
- |
- |
|
Working
Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
- |
- |
- |
|
White
collar worker |
6 |
- |
6 |
|
Blue
collar worker |
1 |
- |
1 |
|
Other |
- |
- |
- |
|
Temporary
personnel |
|
Total |
|
|
Average
number of temporary staff |
|
- |
|
|
Actual
working hours |
|
- |
|
|
Cost
of temporary staff |
|
- |
|
|
New
staff and leavers |
Full-Time |
Part-Time |
Total Fte |
|
New
Starters |
- |
- |
- |
|
Leavers |
- |
- |
- |
|
Total
of formal 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 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 |
46761 |
|
|
Activity
description |
|
Wholesale
of diamonds and other precious stones |
Payment Information
|
Payment
Information Summary |
|
|
Total
number of Invoices available |
6 |
|
Total
number of Invoices paid within or
up to 30 days after the due date |
6 |
|
Total
number of Invoices paid more than
30 days after the due date |
0 |
|
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 |
17.18 |
|
Day
sales outstanding |
63.76 |
|
Industry
comparison |
|
|
Activity
code |
46761 |
|
Activity
description |
Wholesale
of diamonds and other precious stones |
|
Industry
average payment expectation days |
200.93 |
|
Industry
average day sales outstanding |
212.08 |
Industry quartile analysis
Payment
expectations
|
Company
result |
17.18 |
|
Lower |
131.18 |
|
Median |
58.79 |
|
Upper |
26.55 |
|
Day
sales outstanding |
|
|
Company
result |
63.76 |
|
Lower |
134.36 |
|
Median |
82.06 |
|
Upper |
44.92 |
Shareholder Details
|
Summary |
|
|
Group
- Number of Companies |
0 |
|
Linkages
- Number of Companies |
0 |
|
Number
of Countries |
0 |
Group Structure
No
group structure for this company.
Minority
Shareholders
No
minority shareholders found
Minority
Interests
No
minority interests found
Linked Companies
|
Summary |
|
|
Group
- Number of Companies |
0 |
|
Linkages
- Number of Companies |
0 |
|
Number
of Countries |
0 |
|
Summons |
|
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
27/01/2014 |
|
|
|
Court
type |
Court
name |
Antwerpen |
|
|
Creditor's
name |
3rd
party type |
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
05/09/2011 |
|
|
|
Court
type |
|
Court
name |
Antwerpen |
|
Creditor's
name |
Rijksdienst
voor Sociale Zekerheid |
3rd
party type |
Summoning
Party |
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
27/06/2011 |
|
|
|
Court
type |
Court
name |
Antwerpen |
|
|
Creditor's
name |
3rd
party type |
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
01/03/2005 |
|
|
|
Court
type |
Court
name |
Antwerpen |
|
|
Creditor's
name |
3rd
party type |
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
01/02/2005 |
|
|
|
Court
type |
Court
name |
Antwerpen |
|
|
Creditor's
name |
3rd
party type |
|
|
|
Legal
event type |
Social
Security Summons |
|
|
|
Event
date |
12/04/1999 |
|
|
|
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 |
Manager |
|
Start
Date |
01/01/1994 |
|
Street |
33
QUINTEN MATSIJSLEI ANTWERPEN |
|
Post
code |
2018 |
|
Country |
Belgium |
|
Name |
Samir
Zaveri |
|
Name |
Himanshu
Shah |
|
Position |
Manager |
|
Start
Date |
21/06/1991 |
|
Street |
147
BELGIËLEI ANTWERPEN |
|
Post
code |
2018 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 65.05 |
|
|
1 |
INR 89.70 |
|
Euro |
1 |
INR 80.03 |
|
Euro |
1 |
INR 80.23 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIS |
|
|
|
|
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.