|
|
|
MIRA
INFORM REPORT
|
Report No. : |
510105 |
|
Report Date : |
19.05.2018 |
IDENTIFICATION DETAILS
|
Name : |
AGFA NV |
|
|
|
|
Registered Office : |
Septestraat 27 2640
Mortsel |
|
|
|
|
Country : |
Belgium |
|
|
|
|
Financials (as on) : |
31.12.2016 |
|
|
|
|
Date of Incorporation : |
22.11.1995 |
|
|
|
|
Com. Reg. No.: |
456366588 |
|
|
|
|
Legal Form : |
Public
limited company |
|
|
|
|
Line of Business : |
Manufacture of
other chemical products n.e.c. |
|
|
|
|
No. of Employees : |
461 |
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 (30.09.2017) |
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 summary
|
Business number |
456366588 |
|
Branche
Unit Number |
2175469280 |
|
Company name |
AGFA NV |
|
Address |
SEPTESTRAAT 27 2640 MORTSEL |
|
Date of
establishment |
22/11/1995 |
|
Telephone
number |
3234442111 |
|
Mobile number |
- |
|
Fax number |
034447094 |
|
Liable
for VAT |
yes |
|
VAT Number |
BE.0456.366.588
Check VAT number |
Ultimate
holding company
|
Company name |
Company Number |
|
AGFA-GEVAERT NV |
404021727 |
Commentary
The
business was established over 22 years ago.
The
business has 461 employees.
The
business is part of a group.
The
business has changed its registered name
recently.
The
business has been at the address for
over 20 years.
Pre-tax
profits decreased by 179% compared to
the previous trading period.
The
business saw a decrease in their Cash
Balance of 28% during the latest
trading period.
Annual
accounts
|
DATE OF LATEST ACCOUNTS |
TURNOVER |
PROFIT BEFORE TAX |
NET WORTH |
WORKING CAPITAL |
|
31/12/2016 |
768,502,514 |
-28,186,303 |
966,100,065 |
854,502,217 |
|
31/12/2015 |
827,132,334 |
35,563,129 |
937,207,217 |
756,577,251 |
|
31/12/2014 |
847,758,383 |
5,044,753 |
917,373,857 |
696,928,137 |
|
Accounts |
|
|
|
|
|
DATE OF LATEST ACCOUNTS |
BALANCE TOTAL |
NUMBER OF EMPLOYEES |
CAPITAL |
CASHFLOW |
|
31/12/2016 |
1,348,518,704 |
461 |
1,268,268,344 |
95,119,086 |
|
31/12/2015 |
1,412,748,635 |
482 |
1,268,268,344 |
65,471,613 |
|
31/12/2014 |
1,451,391,924 |
501 |
1,268,268,344 |
90,832,673 |
Payment
expectations
|
Past payments |
|
Payment
expectation days |
51.36 |
|
Industry
average payment |
87.39 |
Industry
average day sales |
81.73 |
|
expectation
days |
|
outstanding |
|
|
Day sales
outstanding |
41.16 |
|
|
Court
data summary
BANKRUPTCY DETAILS
|
Court
action type |
no |
PROTESTED BILLS
|
Bill amount |
- |
NSSO DETAILS
|
Date of
summons |
- |
Company
information
|
Business number |
456366588 |
Company name |
AGFA NV |
|
Fax number |
034447094 |
Date founded |
22/11/1995 |
|
Company status |
active |
Company type |
Public
limited company |
|
Currency |
Euro (€) |
Date of
latest accounts |
31/12/2016 |
|
Activity code |
20590 |
Number of
staff |
461 |
|
Activity
description |
Manufacture
of other chemical products n.e.c. |
|
|
|
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 |
25/08/2015 |
|
Event
Description |
|
|
Event Details |
De
clausules van de wijziging van controle,
opgenoen in de Autonomous First Demand
Guarantee met de Europese Investeringsbank en
de andere bijkomende documenten en de transacties
zoals gedefinieerd in de notulen van de
vergadering van de ra |
|
Event Date |
25/08/2015 |
|
Event
Description |
|
|
Event Details |
ad van
bestuur van Agfa Graphics NV gehouden
op 25/08/2015 |
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 |
247,122,163 |
-33.68 |
372,597,351 |
-17.31 |
450,572,703 |
-7.85 |
488,957,072 |
-13.81 |
567,305,399 |
|
Intangible
fixed |
117,235,636 |
-32.53 |
173,766,980 |
-16.05 |
206,993,417 |
-14.57 |
242,305,921 |
-13.16 |
279,030,631 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Tangible fixed |
3,074,119 |
-42.34 |
5,331,508 |
14.06 |
4,674,457 |
29.92 |
3,597,848 |
-13.40 |
4,154,488 |
|
assets |
|
|
|
|
|
|
|
|
|
|
Land
& building |
99,167 |
0 |
99,167 |
0 |
99,167 |
0 |
99,167 |
0 |
99,167 |
|
Plant
& machinery |
1,053,169 |
-34.96 |
1,619,232 |
-20.94 |
2,048,182 |
54.75 |
1,323,575 |
-22.37 |
1,705,063 |
|
Furniture &
Vehicles |
995,638 |
7.64 |
924,950 |
58.77 |
582,568 |
26.01 |
462,315 |
-33.93 |
699,765 |
|
Leasing
& Other Similar Rights |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other tangible
assets |
926,145 |
-65.55 |
2,688,159 |
38.24 |
1,944,540 |
13.53 |
1,712,791 |
3.77 |
1,650,492 |
|
Financial fixed
assets |
126,812,408 |
-34.46 |
193,498,863 |
-19.01 |
238,904,829 |
-1.71 |
243,053,303 |
-14.45 |
284,120,280 |
|
Total current
assets |
1,101,396,541 |
5.89 |
1,040,151,284 |
3.93 |
1,000,819,221 |
6.15 |
942,835,208 |
5.81 |
891,063,777 |
|
Inventories |
84,805,899 |
-5.76 |
89,990,275 |
12.36 |
80,091,933 |
-5.50 |
84,749,132 |
-21.52 |
107,987,711 |
|
Raw
materials & |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
consumables |
|
|
|
|
|
|
|
|
|
|
Work in
progress |
5,067,579 |
-4.91 |
5,329,317 |
2.57 |
5,195,608 |
132 |
2,236,239 |
-59.95 |
5,582,998 |
|
Finished goods |
79,738,320 |
-5.81 |
84,660,958 |
13.04 |
74,896,325 |
-9.23 |
82,512,893 |
-19.42 |
102,404,713 |
|
Other stocks |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Trade debtors |
86,663,732 |
-15.05 |
102,013,330 |
-7.96 |
110,835,096 |
4.30 |
106,264,683 |
-37.97 |
171,298,433 |
|
Other amounts |
911,574,321 |
10.34 |
826,168,052 |
4.97 |
787,046,693 |
7.93 |
729,231,226 |
23.91 |
588,503,389 |
|
receivable |
|
|
|
|
|
|
|
|
|
|
Cash |
4,341,190 |
-28.00 |
6,029,631 |
-14.73 |
7,071,017 |
0.63 |
7,026,525 |
6.98 |
6,568,056 |
|
Miscellaneous
current assets |
14,011,399 |
-12.15 |
15,949,995 |
1.11 |
15,774,483 |
1.35 |
15,563,642 |
-6.84 |
16,706,144 |
|
Total Assets |
1,348,518,704 |
-4.55 |
1,412,748,635 |
-2.66 |
1,451,391,924 |
1.37 |
1,431,792,280 |
-1.82 |
1,458,369,175 |
|
Liabilities |
|
|
|
|
|
|
|
|
|
|
Total
shareholders equity |
1,083,335,701 |
-2.49 |
1,110,974,197 |
-1.19 |
1,124,367,274 |
3.65 |
1,084,754,807 |
-0.05 |
1,085,291,127 |
|
Issued share
capital |
1,268,268,344 |
0 |
1,268,268,344 |
0 |
1,268,268,344 |
2.36 |
1,239,004,798 |
0.71 |
1,230,327,797 |
|
Share premium |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
account |
|
|
|
|
|
|
|
|
|
|
Revaluation |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
reserve |
|
|
|
|
|
|
|
|
|
|
Reserves |
-184,932,643 |
-17.57 |
-157,294,147 |
-9.31 |
-143,901,070 |
93.29 |
-154,249,991 |
-6.35 |
-145,036,670 |
|
Provisions for |
18,288,679 |
0.49 |
18,200,405 |
-21.32 |
23,133,566 |
-1.93 |
23,589,794 |
-0.92 |
23,807,967 |
|
Liabilities
& |
|
|
|
|
|
|
|
|
|
|
Charges |
|
|
|
|
|
|
|
|
|
|
Deffered taxes |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Creditors |
246,894,324 |
-12.93 |
283,574,033 |
-6.69 |
303,891,084 |
-6.05 |
323,447,679 |
-7.39 |
349,270,081 |
|
Other
long term loans |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Other
long term liabilities |
0 |
- |
0 |
- |
0 |
- |
0 |
- |
0 |
|
Total
long term |
18,288,679 |
0.49 |
18,200,405 |
-21.32 |
23,133,566 |
-1.93 |
23,589,794 |
-0.92 |
23,807,967 |
|
debts |
|
|
|
|
|
|
|
|
|
|
Current
portion of |
506,822 |
245 |
146,892 |
151 |
58,488 |
-44.13 |
104,683 |
-75.10 |
420,483 |
|
long term
debt |
|
|
|
|
|
|
|
|
|
|
Financial debts |
22,276,979 |
-0.91 |
22,481,095 |
6.12 |
21,183,721 |
7.04 |
19,791,292 |
-2.11 |
20,218,111 |
|
Trade creditors |
116,204,603 |
-2.70 |
119,434,265 |
-4.09 |
124,526,867 |
-12.87 |
142,922,660 |
-9.95 |
158,709,532 |
|
Amounts Payable
for Taxes, Remuneration
& Social Security |
21,905,475 |
-5.01 |
23,061,104 |
-11.76 |
26,133,855 |
-4.45 |
27,351,381 |
25.04 |
21,874,695 |
|
Miscellaneous
current liabilities |
86,000,445 |
-27.40 |
118,450,676 |
-10.26 |
131,988,154 |
-0.97 |
133,277,663 |
-9.98 |
148,047,260 |
|
Total current
liabilities |
246,894,324 |
-12.93 |
283,574,033 |
-6.69 |
303,891,084 |
-6.05 |
323,447,679 |
-7.39 |
349,270,081 |
|
Total
Liabilities |
1,348,518,704 |
-4.55 |
1,412,748,635 |
-2.66 |
1,451,391,924 |
1.37 |
1,431,792,280 |
-1.82 |
1,458,369,175 |
Ratio
analysis
|
TRADING
PERFORMANCE |
|
|
|
|
|
|
|
|
|
|
Profit
Before Tax |
-3.67 |
-185 |
4.30 |
616 |
0.60 |
114 |
0.28 |
8.72 |
-3.21 |
|
Return on
capital employed |
-2.56 |
-181 |
3.15 |
615 |
0.44 |
91.30 |
0.23 |
7.59 |
-3.03 |
|
Return on
total assets |
-2.09 |
-182 |
2.52 |
620 |
0.35 |
94.44 |
0.18 |
7.79 |
-2.31 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Return on
net assets |
-2.60 |
-181 |
3.20 |
611 |
0.45 |
87.50 |
0.24 |
7.74 |
-3.10 |
|
employed |
|
|
|
|
|
|
|
|
|
|
Sales /
net working capital |
0.90 |
-17.43 |
1.09 |
-10.66 |
1.22 |
-18.12 |
1.49 |
-22.80 |
1.93 |
|
Stock
turnover ratio |
11.04 |
1.47 |
10.88 |
15.13 |
9.45 |
3.05 |
9.17 |
-11.06 |
10.31 |
|
Creditor days |
51.36 |
-1.44 |
52.11 |
-0.67 |
52.46 |
-3.74 |
54.50 |
3.75 |
52.53 |
|
Debtor days |
41.16 |
-8.57 |
45.02 |
-5.66 |
47.72 |
13.73 |
41.96 |
-29.73 |
59.71 |
|
SHORT
TERM STABILITY |
|
|
|
|
|
|
|
|
|
|
Current ratio |
4.46 |
21.53 |
3.67 |
11.55 |
3.29 |
13.06 |
2.91 |
14.12 |
2.55 |
|
Liquidity
ratio / acid ratio |
4.12 |
22.99 |
3.35 |
10.56 |
3.03 |
14.34 |
2.65 |
18.30 |
2.24 |
|
Current debt
ratio |
0.23 |
-11.54 |
0.26 |
-3.70 |
0.27 |
-10.0 |
0.30 |
-6.25 |
0.32 |
|
Cashflow |
95,119,086 |
45.28 |
65,471,613 |
-27.92 |
90,832,673 |
16.06 |
78,262,219 |
400 |
-19,545,950 |
|
Net worth |
966,100,065 |
3.08 |
937,207,217 |
2.16 |
917,373,857 |
8.89 |
842,448,886 |
4.49 |
806,260,496 |
|
LONG TERM
STABILITY |
|
|
|
|
|
|
|
|
|
|
Gearing |
2.10 |
2.94 |
2.04 |
7.94 |
1.89 |
3.28 |
1.83 |
-3.68 |
1.90 |
|
Equity in
percentage |
87.98 |
-1.88 |
89.67 |
-0.75 |
90.35 |
-0.93 |
91.20 |
-0.90 |
92.03 |
|
Total
debt ratio |
0.24 |
-11.11 |
0.27 |
-6.90 |
0.29 |
-9.38 |
0.32 |
-5.88 |
0.34 |
|
Working capital |
854,502,217 |
12.94 |
756,577,251 |
8.56 |
696,928,137 |
12.52 |
619,387,529 |
14.32 |
541,793,696 |
Profit
& loss
|
Operating
Income |
839,704,810 |
-5.25 |
886,255,706 |
-2.52 |
909,168,009 |
-7.03 |
977,919,431 |
-11.99 |
1,111,105,241 |
|
Turnover |
768,502,514 |
-7.09 |
827,132,334 |
-2.43 |
847,758,383 |
-8.28 |
924,265,415 |
-11.73 |
1,047,052,064 |
|
Total operating |
825,755,800 |
-1.29 |
836,551,643 |
-3.46 |
866,494,386 |
-9.48 |
957,256,519 |
-13.19 |
1,102,697,458 |
|
expenses |
|
|
|
|
|
|
|
|
|
|
Gross
Operating Margin |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Operating
Charges |
839,528,952 |
-6.27 |
895,675,015 |
-3.47 |
927,904,012 |
-8.21 |
1,010,910,535 |
-13.36 |
1,166,750,636 |
|
Employee costs |
102,759,547 |
-8.32 |
112,089,897 |
-0.72 |
112,905,894 |
7.34 |
105,185,137 |
27.96 |
82,201,430 |
|
Wages and
salary |
75,615,971 |
-6.63 |
80,981,927 |
-3.74 |
84,129,394 |
2.69 |
81,925,000 |
33.68 |
61,284,062 |
|
Employee
pension |
6,747,683 |
-25.75 |
9,088,327 |
48.71 |
6,111,554 |
14.27 |
5,348,144 |
-17.60 |
6,490,371 |
|
costs |
|
|
|
|
|
|
|
|
|
|
Social security |
17,477,418 |
-8.74 |
19,150,306 |
-2.93 |
19,728,208 |
28.52 |
15,349,725 |
19.39 |
12,856,824 |
|
contributions |
|
|
|
|
|
|
|
|
|
|
Other
employee costs |
2,918,475 |
1.71 |
2,869,337 |
-2.30 |
2,936,739 |
14.61 |
2,562,270 |
63.18 |
1,570,174 |
|
Director
remuneration |
- |
- |
- |
- |
- |
- |
- |
- |
- |
|
Amortization
and |
122,757,582 |
55.66 |
78,864,690 |
-2.01 |
80,483,753 |
-1.89 |
82,036,370 |
5.14 |
78,027,682 |
|
depreciation |
|
|
|
|
|
|
|
|
|
|
Operating result |
-57,253,286 |
-507 |
-9,419,309 |
50.27 |
-18,736,003 |
56.79 |
-32,991,104 |
59.29 |
-55,645,395 |
|
Total
financial income |
58,829,764 |
-32.89 |
87,666,512 |
88.93 |
46,402,685 |
-32.66 |
68,912,686 |
-4.15 |
71,897,025 |
|
Total
financial expenses |
29,938,638 |
-29.86 |
42,684,074 |
88.68 |
22,621,928 |
-32.11 |
33,321,117 |
-33.20 |
49,878,426 |
|
Results
on ordinary |
-28,186,303 |
-179 |
35,563,129 |
604 |
5,044,753 |
93.99 |
2,600,465 |
7.73 |
-33,626,796 |
|
operations
before |
|
|
|
|
|
|
|
|
|
|
taxation |
|
|
|
|
|
|
|
|
|
|
Extraordinary
Income |
822,289 |
460 |
146,796 |
-95.02 |
2,948,304 |
5200 |
55,628 |
-99 |
11,737,445 |
|
Extraordinary
Charges |
181,015 |
-99 |
51,328,546 |
9856 |
515,510 |
-92.32 |
6,714,413 |
-91.37 |
77,837,126 |
|
Extraordinary
items |
641,274 |
1.25 |
-51,181,749 |
-2203 |
2,432,794 |
36.54 |
-6,658,785 |
10.07 |
-66,099,682 |
|
Results
for the Year |
-27,545,029 |
-76.36 |
-15,618,620 |
-308 |
7,477,547 |
184 |
-4,058,320 |
4.07 |
-99,726,478 |
|
Before Taxation |
|
|
|
|
|
|
|
|
|
|
Taxation |
93,468 |
4.20 |
-2,225,544 |
77.51 |
-2,871,373 |
-910 |
-284,169 |
13.20 |
-2,152,846 |
|
Results
on ordinary |
-28,279,770 |
-174 |
37,788,673 |
377 |
7,916,126 |
174 |
2,884,634 |
9.17 |
-31,473,951 |
|
operations
after taxation |
|
|
|
|
|
|
|
|
|
|
Net result |
-27,638,496 |
-106 |
-13,393,076 |
-229 |
10,348,920 |
274 |
-3,774,151 |
3.87 |
-97,573,632 |
|
Profit
(Loss) for the Year to be appropiated |
-27,638,496 |
-106 |
-13,393,076 |
-229 |
10,348,920 |
274 |
-3,774,151 |
3.87 |
-97,573,632 |
Social
Balance Sheet Details
Social Balance Sheet Details
|
Social
Balance Sheet |
Total |
|
During
the reporting year |
|
|
ended
31-12-2016 |
|
|
Full-time
Employees |
399 |
|
Part-time
Employees |
87 |
|
Total Fte
Employees |
461 |
|
Number of
hours worked |
|
|
Full-time
Employees |
626,088 |
|
Part-time
Employees |
91,028 |
|
Total |
717,116 |
|
Personnel
Charges |
|
|
Full-time
Employees |
41,797,382 |
|
Part-time
Employees |
5,732,049 |
|
Total |
47,529,431 |
|
Benefits
In Addition To Wages |
- |
|
During
the previous reporting year |
|
|
Average
number employees in Fte |
482 |
|
Actual
working hours |
746,882 |
|
Personnel
Charges |
55,621,591 |
|
Benefits
In Addition To Wages |
- |
|
Type of Contract |
Full-Time |
Part-Time |
Total
Fte |
|
Unlimited
Duration |
393 |
83 |
453 |
|
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 |
85 |
14 |
95 |
|
Higher
education (non |
129 |
12 |
138 |
|
university) |
|
|
|
|
Higher
education |
131 |
9 |
138 |
|
(university) |
|
|
|
|
Women |
Full-Time |
Part-Time |
Total Fte |
|
Primary
education |
- |
- |
- |
|
Secondairy
education |
8 |
13 |
17 |
|
Higher
education (non |
23 |
28 |
42 |
|
university) |
|
|
|
|
Higher
education |
17 |
7 |
22 |
|
(university) |
|
|
|
|
Working Category |
Full-Time |
Part-Time |
Total Fte |
|
Management |
12 |
1 |
13 |
|
White
collar worker |
381 |
82 |
440 |
|
Blue
collar worker |
- |
- |
- |
|
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 |
5 |
1 |
6 |
|
Leavers |
16 |
10 |
23 |
|
Total of formal
continuing vocational training initiatives |
|
|
|
for
workers paid by the employer |
Male |
Female |
|
Number of
employees |
214 |
71 |
|
Number of
training hours |
2,793 |
1,101 |
|
Net costs
for enterprise |
235,661 |
90,509 |
|
Total of
less formal and informal continuing vocational |
|
|
|
training
initiatives for workers paid by the
employer |
Male |
Female |
|
Number of
employees |
380 |
96 |
|
Number of
training hours |
15,200 |
3,840 |
|
Net costs
for enterprise |
928,939 |
213,082 |
|
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 |
20590 |
|
Activity
description |
Manufacture
of other chemical products n.e.c. |
Payment
Information
|
Payment
Information Summary |
|
|
Total
number of Invoices available |
855 |
|
Total
number of Invoices paid within or
up to 30 days after the due date |
652 |
|
Total
number of Invoices paid more than
30 days after the due date |
174 |
|
Total
number of Invoices currently outstanding
where the due date has not yet
been reached |
11 |
|
Total
number of Invoices currently outstanding
beyond the due date |
18 |
Suspension
of payments / moratorium history
|
Amount |
- |
|
Details |
- |
Payment
expectations
|
Payment
expectation days |
51.36 |
|
Day sales
outstanding |
41.16 |
Industry
comparison
|
Activity code |
20590 |
|
Activity
description |
Manufacture
of other chemical products n.e.c. |
|
Industry
average payment expectation days |
87.39 |
|
Industry
average day sales outstanding |
81.73 |
Industry quartile analysis
Payment expectations
|
Company result |
51.36 |
|
Lower |
73.52 |
|
Median |
53.07 |
|
Upper |
27.92 |
|
Day sales outstanding |
|
|
Company result |
41.16 |
|
Lower |
89.85 |
|
Median |
55.80 |
|
Upper |
37.21 |
Shareholder
Details
|
Summary |
|
|
Group - Number
of Companies |
76 |
|
Linkages
- Number of Companies |
32 |
|
Number of
Countries |
12 |
Group Structure
|
Company name |
Number |
Latest |
|
|
|
financials |
|
- AGFA-GEVAERT
NV |
404021727 |
31-12-2016 |
|
- - AGFA
FINANCE NV |
436501879 |
31-12-2016 |
|
- - - AGFA FINANCE
ITALY SPA |
|
|
|
- - - AGFA
SOLUTIONS SAS |
|
|
|
- - AGFA
FINCO NV |
810156470 |
31-12-2016 |
|
- - AGFA
HEALTHCARE NV |
403003524 |
31-12-2016 |
|
- - - QUADRAT
NV |
426312921 |
31-12-2008 |
|
- - - AGFA
SP. Z O.O. (PL) |
|
|
|
- - - AGFA
HEALTHCARE AG |
CHE108401722 |
|
|
- - - AGFA
HEALTHCARE ALGERIA |
|
|
|
- - - AGFA
HEALTHCARE GES.M.B.H |
|
|
|
. - - - AGFA
HEALTHCARE HONG KONG LIMITED |
|
|
|
- - - AGFA
HEALTHCARE INDONESIA |
|
|
|
- - - AGFA
HEALTHCARE KAZACHSTAN |
|
|
|
- - - AGFA
HEALTHCARE SAUDI ARABIA COMPANY LIM... |
|
|
|
- - - AGFA
HEALTHCARE-KNIGHTSBRIDGE GMBH |
|
|
|
- - - AGFA
HEALTHCARE PTY LTD |
|
|
|
- - - AGFA
HEALTHCARE AU LTD |
|
|
|
- - - AGFA
HEALTHCARE ARGENTINA |
|
|
|
- - - AGFA
HEALTHCARE CHILE |
|
|
|
- - - AGFA
HEALTHCARE COLOMBIA LTDA |
|
|
|
- - - AGFA
HEALTHCARE DENMARK |
|
|
|
- - - AGFA
HEALTHCARE FI OY |
|
|
|
- - - AGFA
HEALTHCARE HELLAS AEBE |
|
|
|
- - - AGFA
HEALTHCARE HUNGARIA KFT |
|
|
|
- - - AGFA
HEALTHCARE INC |
|
|
|
- - - AGFA
HEALTHCARE INDIA PLTD |
|
|
|
- - - AGFA
HEALTHCARE LUXEMBOURG |
|
|
|
- - - AGFA
HEALTHCARE MALAYSIA |
|
|
|
- - - AGFA
HEALTHCARE MEXICO |
|
|
|
- - - AGFA
HEALTHCARE NORGE |
|
|
|
- - - AGFA
HEALTHCARE SHANGAI CO LTD |
|
|
|
- - - AGFA
HEALTHCARE SINGAPORE LTD |
|
|
|
- - - AGFA
HEALTHCARE SPAIN SAU |
|
|
|
- - - AGFA
HEALTHCARE SWEDEN |
|
|
|
- - - AGFA HEALTHCARE
UK LIMITED |
06317215 |
31-12-2016 |
|
- - -
AGFA-GEVAERT IRAN SKK |
|
|
|
- - AGFA NV |
456366588 |
31-12-2016 |
|
- - -
AGFA-DOTRIX NV |
862335641 |
31-12-2012 |
|
- - - GANDI
INNOVATIONS BVBA |
862048106 |
31-12-2010 |
|
- - - AGFA
GRAPHICS ARGENTINA S.A |
|
|
|
. - - - AGFA
GRAPHICS ASIA LTD |
|
|
|
- - - AGFA
GRAPHICS ECUADOR CIA.LTDA |
|
|
|
- - - AGFA
GRAPHICS LTD |
|
|
|
- - - AGFA
GRAPHICS MIDDLE EAST FZCO |
|
|
|
- - - AGFA
GRAPHICS S.R.L. |
|
|
|
- - - AGFA INC.
|
|
|
|
- - LITHO
SUPPLIES (UK) LIMITED |
07088832 |
31-12-2016 |
|
- - - NEW
PRO IMAGE LTD |
|
|
|
- - - OOO
AGFA GRAPHICS |
|
|
|
- - LUITHAGEN
NV |
425745668 |
31-12-2016 |
|
- - AGFA
GEVAERT LTDA |
|
|
|
- - AGFA
(WUXI) IMAGING COMPANY LTD |
|
|
|
- - AGFA
CORPORATION |
|
|
|
- - AGFA
GEVAERT A.E.B.E |
|
|
|
. - - AGFA
GEVAERT ARGENTINA S.A. |
|
|
|
- -
AGFA-GEVAERT B.V. |
27010967 |
31-12-2016 |
|
- - AGFA
GEVAERT COLOMBIË LTDA |
|
|
|
- - AGFA
GEVAERT JAPAN LTD. |
|
|
|
- AGFA-GEVAERT
LIMITED |
00103198 |
31-12-2016 |
|
- - AGFA
GEVAERT LTD |
|
|
|
. - - AGFA
GEVAERT S.P.A |
|
|
|
- - AGFA
GEVAERT DE VENEZUELA S.A. |
|
|
|
- - AGFA
GEVAERT DO BRASIL LTDA |
|
|
|
- - AGFA
HEALTHCARE CORPORATION |
|
|
|
- - AGFA
HEALTHCARE ENTERPR.SOLUTIONSSA |
|
|
|
- - AGFA
HEALTHCARE BRASIL IMPORTA |
|
|
|
- - AGFA
HEALTHCARE EQUIPMENTS POR |
|
|
|
- - AGFA
LIMITED |
IE015007 |
31-12-2016 |
|
- - AGFA
MATERIALS JAPAN LTD |
|
|
|
- - AGFA PTY |
|
|
|
- - AGFA
SCOTS LIMITED |
SC401122 |
31-12-2016 |
|
- - AGFA
DE MEXICO SA DE CV |
|
|
|
- -
AGFA-GEVAERT GMBH |
|
|
|
- -
AGFA-GEVAERT NZ LTD |
|
|
|
- - OOO
AGFA LTD |
|
|
Minority Shareholders
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
425745668 |
LUITHAGEN NV |
10.94 |
31/12/2016 |
Minority
Interests
|
Business |
Company name |
% |
Date of |
|
number |
|
|
accounts |
|
- |
AGFA
GEVAERT GRAPHIC |
10 |
- |
|
|
SYSTEMS GMBH |
|
|
|
- |
AGFA DE
MEXICO,S.A.DE C.V. |
0.2 |
- |
Linked
Companies
|
Summary |
|
|
Group -
Number of Companies |
76 |
|
Linkages
- Number of Companies |
32 |
|
Number of
Countries |
12 |
Linked Companies
|
NAME |
NUMBER |
LATEST KEY |
TURNOVER |
|
|
|
FINANCIALS |
|
|
|
|
|
|
|
AGFA-GEVAERT UK |
FC022709 |
31.12.2006 |
£1.502.464.564 |
|
MANUFACTURING |
|
|
|
|
AGFA
GRAPHICS LIMITED |
05991659 |
31.12.2016 |
£64.224.000 |
|
AGFA -
GEVAERT S.P.A. |
00873670152 |
31.12.2016 |
€12.288.296 |
|
AGFA
GEVAERT SA |
775729197 |
31.12.2016 |
€113.083.882 |
|
AGFA
HEALTHCARE FRANCE |
414599589 |
31.12.2015 |
€77.398.110 |
|
AGFA-GEVAERT
HEALTHCARE GMBH |
HRB 55399 |
31.12.2016 |
€117.972.224 |
|
AGFA-GEVAERT
GRAPHIC SYSTEMS |
HRB 55354 |
31.12.2016 |
€190.268.355 |
|
GMBH |
|
|
|
|
AGFA
FINANCE ITALY S.P.A. |
12840330158 |
- |
- |
|
AGFA SOLUTIONS |
652003112 |
31.12.2016 |
€3.719.481 |
|
AGFA
HEALTHCARE NORWAY AS |
991341277 |
31.12.2016 |
- |
|
CEA AKTIEBOLAG |
5560380478 |
01.12.2007 |
51.552 KSEK |
|
AGFA
HEALTHCARE GMBH |
HRB 9069 |
31.12.2016 |
€163.136.321 |
|
AGFA-GEVAERT
GMBH |
HRB 82197 |
31.12.2015 |
€1.979.000 |
|
AGFA
HEALTHCARE IMAGING |
507701514 |
31.12.2016 |
€523.894 |
|
AGENTS FRANCE |
|
|
|
|
AGFA
HEALTHCARE FINLAND OY AB |
21248179 |
31.12.2016 |
€2.108.000 |
|
AGFA
HEALTHCARE SWEDEN AB |
5567305288 |
31.12.2016 |
27.270 KSEK |
|
AGFA
HEALTHCARE IMAGING AGENTS GMBH |
HRB 73215 |
31.12.2016 |
- |
|
AGFA
HEALTHCARE LUXEMBOURG S.A. |
B128194 |
31.12.2016 |
- |
|
AGFA
HEALTHCARE GERMANY GMBH |
HRB 13483 |
31.12.2016 |
- |
|
AGFA UK
GROUP PENSION PLAN TRUSTEE LIMITED |
04126285 |
31.03.2017 |
- |
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 |
Director |
|
Start Date |
27/04/2010 |
|
Street |
15
Fondatiedreef Schilde |
|
Post code |
2970 |
|
Country |
Belgium |
|
Name |
Christian
Reinaudo |
|
Name |
Kris Hoornaert |
|
Position |
Director |
|
Start Date |
29/04/2008 |
|
Street |
84
Leuvensestraat Tienen |
|
Post code |
3300 |
|
Country |
Belgium |
|
Name |
Stefaan
Vanhooren |
|
Position |
Director |
|
Start Date |
15/11/2006 |
|
Street |
233 Molenstraat
Kruibeke |
|
Post code |
9150 |
|
Country |
Belgium |
|
Former director details |
|
|
Name |
Pierre Cottenie |
|
Position |
Director |
|
Start Date |
22/08/2003 |
|
End Date |
28/02/2005 |
|
Date of
birth |
21/09/1954 |
|
Street |
54 DRIESSTRAAT
MELLE |
|
Post code |
9090 |
|
Country |
Belgium |
|
Position |
Person responsible
for day-to-day management |
|
Start Date |
01/09/2003 |
|
End Date |
28/02/2005 |
|
Date of
birth |
21/09/1954 |
|
Street |
54 DRIESSTRAAT
MELLE |
|
Post code |
9090 |
|
Country |
Belgium |
FOREIGN EXCHANGE RATES
|
Currency |
Unit
|
Indian Rupees |
|
US Dollar |
1 |
INR 67.96 |
|
|
1 |
INR 91.88 |
|
Euro |
1 |
INR 80.28 |
|
Euro |
1 |
INR 80.16 |
Note :
Above are approximate rates obtained from sources believed to be correct
INFORMATION DETAILS
|
Analysis Done by
: |
NIY |
|
|
|
|
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.