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MIRA INFORM REPORT
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Report No. : |
501328 |
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Report Date : |
30.03.2018 |
IDENTIFICATION DETAILS
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Name : |
VERCOM
BELGIUM BVBA |
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Registered Office : |
Wervenweg 1, 4529PM Eede ZLD |
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Country : |
Netherlands |
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Date of Incorporation : |
14.12.2011 |
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Com. Reg. No.: |
63131951 |
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Legal Form : |
Foreign Legal Form |
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Line of Business : |
Wholesale of Packaging Materials |
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No. of Employees : |
5 [2016] |
RATING & COMMENTS
(Mira Inform has adopted New Rating mechanism w.e.f. 23rd
January 2017)
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MIRA’s Rating : |
B |
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Credit Rating |
Explanation |
Rating Comments |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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Status : |
Moderate |
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Payment Behaviour : |
Slow but correct |
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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
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Country Name |
Previous Rating (30.09.2017) |
Current Rating (31.12.2017) |
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Netherlands |
A1 |
A1 |
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Risk Category |
ECGC
Classification |
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Insignificant |
A1 |
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Low Risk |
A2 |
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Moderately Low Risk |
B1 |
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Moderate Risk |
B2 |
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Moderately High Risk |
C1 |
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High Risk |
C2 |
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Very High Risk |
D |
NETHERLANDS - ECONOMIC OVERVIEW
The Netherlands, the sixth-largest economy in the European Union, plays
an important role as a European transportation hub, with a consistently high
trade surplus, stable industrial relations, and low unemployment. Industry
focuses on food processing, chemicals, petroleum refining, and electrical
machinery. A highly mechanized agricultural sector employs only 2% of the labor
force but provides large surpluses for food-processing and underpins the
country’s status as the world’s second largest agricultural exporter.
The Netherlands is part of the euro zone, and as such, its monetary
policy is controlled by the European Central Bank. The Dutch financial sector
is highly concentrated, with four commercial banks possessing over 80% of
banking assets, and is four times the size of Dutch GDP.
In 2008, during the financial crisis, the government budget deficit hit
5.3% of GDP. Following a protracted recession from 2009 to 2013, during which
unemployment doubled to 7.4% and household consumption contracted for four
consecutive years, economic growth began inching forward in 2014. Since 2010,
Prime Minister Mark RUTTE’s government has implemented significant austerity
measures to improve public finances and has instituted broad structural reforms
in key policy areas, including the labor market, the housing sector, the energy
market, and the pension system. In 2017, the government budget returned to a
surplus of 0.7% of GDP, with economic growth of 3.2%, and GDP per capita
finally surpassed pre-crisis levels. The fiscal policy announced by the new
government in the 2018-2021 coalition plans for increases in government
consumption and public investment, fueling domestic demand and household
consumption and investment. The new government’s policy also plans to increase demand
for workers in the public and private sector, forecasting a further decline in
the unemployment rate, which hit 4.8% in 2017.
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Source
: CIA |
Summary
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Company name |
VERCOM BELGIUM BVBA |
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Operative address |
Wervenweg 1 |
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Status |
Active |
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Legal form |
Foreign Legal Form |
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Registration number |
KvK-nummer: 63131951 |
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VAT-number |
823964607 |
Contact information
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Company name |
Vercom Belgium BVBA |
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Trade names |
Vercom Belgium BVBA |
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Operative address |
Wervenweg 1 |
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Correspondence address |
Wervenweg 1 |
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Telephone number |
075-6420214 |
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Mobile number |
+32 38081895 |
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Email address |
info@vercombelgium.be |
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Website |
www.vercomgroup.com |
Registration
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Registration number |
KvK-nummer: 63131951 |
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Branch number |
000032077726 |
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VAT-number |
823964607 |
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Status |
Active |
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First registration company register |
2011-12-14 |
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Memorandum |
2011-12-14 |
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Establishment date |
2015-01-01 |
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Legal form |
Foreign legal form |
Activities
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SBI |
46696: Wholesale of packaging materials |
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Exporter |
No |
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Importer |
No |
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Goal |
Wholesale of packaging
materials. |
Real Estate
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Details operative address |
Surface area: 1934 m2 |
Management
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Management |
Name: GUNISA
BVBA |
Employees
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Year |
2016 |
2015 |
|||
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Chamber of Commerce |
5 |
5 |
Payments
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Description |
In accordance with payment condition |
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Payments within industry |
Last quarter |
Last year |
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Average payment period (days) |
39 |
36 |
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Average delay (days) |
18 |
16 |
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Quarter |
Not overdue |
1-30 |
31-60 |
61-90 |
91-120 |
121+ |
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2018 Q1 |
64,00% |
28,00% |
5,00% |
1,00% |
0,00% |
1,00% |
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2017 Q4 |
73,00% |
21,00% |
3,00% |
1,00% |
1,00% |
1,00% |
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2017 Q3 |
61,00% |
32,00% |
4,00% |
2,00% |
0,00% |
1,00% |
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2017 Q2 |
54,00% |
38,00% |
5,00% |
1,00% |
0,00% |
1,00% |
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2017 Q1 |
60,00% |
27,00% |
6,00% |
3,00% |
2,00% |
2,00% |
The above data is
an indication of the average payment behaviour of the client. the payment
experieneces can be affected by disputes, payment arrangements, etc.
Financial statement
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Remark annual account |
There is no financial data published |
Analysis
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Branch (SBI) |
Wholesale of packaging materials (SBI code
46696) |
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Region |
Zeeuwsch-Vlaanderen |
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Summary |
In the Netherlands
13472 of the companies are registered with the SBI code 46696 |
Publications
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Functions |
20-04-2015: Per 14-12-2011 is bestuurder
GUNISA BVBA België in functie getreden. |
FOREIGN EXCHANGE RATES
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Currency |
Unit
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Indian Rupees |
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US Dollar |
1 |
INR 65.04 |
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1 |
INR 92.28 |
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Euro |
1 |
INR 80.62 |
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Euro |
1 |
INR 80.14 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
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Analysis Done by
: |
VAR |
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Report Prepared
by : |
TPT |
RATING EXPLANATIONS
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Credit Rating |
Explanation |
Rating Comments |
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A++ |
Minimum Risk |
Business dealings permissible with minimum
risk of default |
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A+ |
Low Risk |
Business dealings permissible with low
risk of default |
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A |
Acceptable Risk |
Business dealings permissible with
moderate risk of default |
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B |
Medium Risk |
Business dealings permissible on a regular
monitoring basis |
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C |
Medium High Risk |
Business dealings permissible preferably
on secured basis |
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D |
High Risk |
Business dealing not recommended or on
secured terms only |
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NB |
New Business |
No recommendation can be done due to
business in infancy stage |
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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.