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FRUN PARK WETTEREN

Inactive
KBO/BCE: BE 0883.598.932

Inactive; last annual accounts for fiscal year 2016.

Signals

1 signal. The signal on the left, the evidence on the right.
neutral
neutral · Latest accounts filed on time
The financial year that closed on 29-02-2016 was due by 30-09-2016 and was filed on 11-08-2016, 50 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2016
50 d early
2015
11 d early
2014
3 d early
2013
114 d early
2012
on the day
2011
18 d early
2010
46 d late
← before the deadline after the deadline →
Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

Financials · fiscal year 2016, full schema

Turnover
€306k▼ 78.1%
2013 · €1.40M
2012: €1.35M 2013: €1.40M
2012 → 2016
EBIT margin
61.7%▲ 3.7pp
2013 · 57.9%
2012: 42.9% 2013: 57.9%
2012 → 2016
Net result
€-1.63M
2013 · €242k
2012: €3.25M 2013: €242k
2012 → 2016
Working capital
€-10.48M
2013 · €912k
2012: €374k 2013: €912k
2012 → 2016
Multi-year overview
Every figure with its change against the year before
▲ rise ▼ fall
Line201220132016Trend
Turnover€1.35M-€1.40M▲ 3.6%€306k▼ 78.1%
Equity€5.91M-€6.15M▲ 4.1%€15.04M▲ 145%
Operating result€578k-€809k▲ 40.0%€189k▼ 76.7%
Net result€3.25M-€242k▼ 92.6%€-1.63M
Result per fiscal year
Operating resultNet result
€-2.00M€0€2.00M€4.00MOperating result 2012: €578k€578kNet result 2012: €3.25M€3.25MOperating result 2013: €809k€809kNet result 2013: €242k€242kOperating result 2016: €189k€189kNet result 2016: €-1.63M€-1.63M201220132016€-2M€0€2M€4MOperating result 2012: €578k€578kNet result 2012: €3.25M€3.3MOperating result 2013: €809k€809kNet result 2013: €242k€242kOperating result 2016: €189k€189kNet result 2016: €-1.63M€-1.6M201220132016
The operating result is €189k in 2016, compared with €809k in 2013. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2016 in colour, 2013 as the grey bar beneath
Assets €27.47M
Fixed assets €25.62M ▲ 99.2%
Current assets €1.85M ▲ 80.1%
Equity and liabilities €27.47M
Equity €15.04M ▲ 145%
Debt €12.43M ▲ 60.6%
Debt's share of the balance-sheet total falls from 55.7% to 45.3%. Equity and debt are higher.
Key figures and ratios
2016 value · change against 2013
EBITDA
€284k
2013 · €1.10M
Cash flow
€-1.54M
2013 · €536k
Current ratio
0.15
2013 · 8.87
ROE
-10.8%
2013 · 3.9%
ROA
-5.9%
2013 · 1.7%
Interest coverage
4.28
2013 · 1.93
Debt ≤ 1 year
€12.33M
2013 · €116k
Income taxes
€1.73M
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2016 against 2013 · 26 lines
Balance sheet Code20132016
Assets
Total assets20/58€13.89M€27.47M
Fixed assets21/28€12.86M€25.62M
Tangible fixed assets22/27€6.35M€25.62M
Financial fixed assets28€6.51M€44
Current assets29/58€1.03M€1.85M
Amounts receivable within one year40/41€147k€1.82M
Cash at bank and in hand54/58€772k€16k
Equity and liabilities
Total equity and liabilities10/49€13.89M€27.47M
Equity10/15€6.15M€15.04M
Contributions10/11€14.46M€14.46M=
Reserves13-€32k
Profit (loss) carried forward14€-8.31M€-12.75M
Amounts payable17/49€7.74M€12.43M
Amounts payable after more than one year17€7.50M-
Amounts payable within one year42/48€116k€12.33M
Trade debts44€69k€44k
Income statement Code20132016
Turnover70€1.40M€306k
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€294k€95k
Operating profit (loss)9901€809k€189k
Recurring financial income75€5k€7k
Recurring financial charges65€572k€92k
Debt charges650€571k€66k
Profit (loss) for the period before taxes9903€242k€104k
Income taxes67/77-€1.73M
Profit (loss) for the period9904€242k€-1.63M
Profit (loss) for the period to be appropriated9905€242k€-1.63M

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Timeline · acts, filings and financial milestones

2016
11-08
NBB filing Annual accounts filed
fiscal year 2016 · full schema
20-07
NBB filing Annual accounts filed
fiscal year 2015 · full schema
29-02
Financial Weakest financial yearnet €-1.63M ▼775%
Net result drops to €-1.63M, the lowest in the series.
29-02
Financial Equity above €10MEq €15.04M ▲145%
Equity rises from €6.15M to €15.04M.
2015
15-12
State Gazette act Board meeting · Merger
Capital · Corporate purpose
28-07
NBB filing Annual accounts filed
fiscal year 2014 · full schema
15-07
State Gazette act Board meeting · Merger
Capital · Corporate purpose
2014
08-04
NBB filing Annual accounts filed
fiscal year 2013 · full schema
2013
31-07
NBB filing Annual accounts filed
fiscal year 2012 · full schema
2012
13-07
NBB filing Annual accounts filed
fiscal year 2011 · full schema
2011
15-09
NBB filing Annual accounts filed
fiscal year 2010 · full schema · 46 days late
2010
19-10
NBB filing Annual accounts filed
fiscal year 2009 · full schema · 80 days late
2009
31-08
NBB filing Annual accounts filed
fiscal year 2008 · full schema · 31 days late
2008
28-08
NBB filing Annual accounts filed
fiscal year 2007 · abbreviated schema · 28 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.

Structure & network

Acquisitions and mergers

2 transactions
Took over:Gentpoort NV
BE 0878.175.741merger by absorption · State Gazette act of 15-07-2015 · effective 30-06-2015
Taken over by:Retail Estates
BE 0434.797.847operation treated as a merger by absorption · proposal · State Gazette act of 15-12-2015 (2 acts)