Evaluatierapport (PDF, 6.47 MB) - Buitenlandse Zaken - Belgium

FINEXPO EVALUATION
Selection of the companies for interviews
The FINEXPO system consists of several steps, from application to implementation. The
Belgian companies and exporters that apply for FINEXPO support from the Belgian
government and finally implement the commercial activities are key stakeholder in all
those stages.
Characteristics of Belgian companies with clients benefiting from FINEXPO loans and
interest relief
The evaluation team lacks data about the total number (approximately 415) and
frequency of applications for FINEXPO support in terms of loans and interest relief. The
data available concern the approvals that became active. Among the 38 Belgian
companies, 21 (55 %) companies counted only once with an active FINEXPO loan or
interest relief service, while only 5 companies (13 %) counted with FINEXPO subsidies
over 5 times during the period 1997-2008. The data available do not allow knowing
whether these companies applied for FINEXPO support more frequently.
Graph 3: Number of contract per companies
The total credit sum involved in the transactions subject to evaluation reaches € 550.3
million over the period 1997-2008. The loan / interest relief is related to the credit sum.
The credit sum per Belgian company in benefit of their clients is the product of the
number of applications that became active and the resources requested in benefit of their
clients. To almost half of all Belgian companies (18 out of 38) the credit in terms of
interest relief and loans to their clients represents less than 1% of the total credit
authorized. On the other hand, FINEXPO benefit the clients of 5 companies in particular,
each allocated a share of over 5 % of the total credit sum. It is worth mentioning the use
of the FINEXPO loan and interest relief instrument for the delivery of buses (and related
services and spare parts). The clients of the bus construction and trade companies
benefit with well over a third (34.3 %) of the total credit involved. Graph shows the
number of Belgian companies by share in the total credit.
see
Final report – Appendix 4 – page 111