FURY INVEST
Dissolution or liquidationFinancials · financial year 2009, full format
Annual accounts 2009 filed on 02-07-2010 PDF all 14 filings
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€205,244▼ 106%
2008 · -€99,697
Working capital
-€398,735▼ 98.6%
2008 · -€200,759
Multi-year overview
2006 to 2009, 4 financial yearsOperating result
-€163,474
▼ 168%
2009
20062009
Net result
-€205,244
▼ 106%
2009
20062009
Equity
-€129,173
2009
20062009
Total assets
€688,677
▼ 21.4%
2009
20062009
Debt
€710,110
▲ 3.1%
2009
20062009
Working capital
-€398,735
▼ 98.6%
2009
20062009
Staff (FTE)
0.8
▲ 167%
2009
20062009
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line2006200720082009
Operating result€35,332--€53,235-€60,978▼ 14.5%-€163,474▼ 168%
Net result€2,366-€136,995▲ 58×-€99,697-€205,244▼ 106%
Equity€38,772-€175,767▲ 353%€76,070▼ 56.7%-€129,173
Total assets€357,091-€877,417▲ 146%€875,980▼ 0.2%€688,677▼ 21.4%
Debt€318,319-€586,727▲ 84.3%€688,578▲ 17.4%€710,110▲ 3.1%
Working capital-€71,223--€78,153▼ 9.7%-€200,759▼ 157%-€398,735▼ 98.6%
Staff (FTE)0.6-1.2▲ 100%0.3▼ 75.0%0.8▲ 167%
The operating result for 2009 is a loss of €163,474, larger than the loss of €60,978 in 2008. It is the lowest result since 2006.
Large changes and their cause
- 2007 Net result +5,690% on 2006. The accounts now follow the full format, last year the abbreviated format.
Balance-sheet composition
2009 in colour, 2008 as the grey bar beneath
Assets €688,677
Fixed assets
€638,507 ▼ 4.2%
Current assets
€50,170 ▼ 76.0%
Equity and liabilities
Equity-€129,173
Debt€710,110
Equity is negative. Debt (€710,110) exceeds the balance-sheet total (€688,677).
Key figures and ratios
EBITDA
-€141,748▼
2008 · -€39,489
Cash flow
-€183,518▼
2008 · -€78,208
Solvency
-18.8%▼
2008 · 8.7%
Current ratio
0.11▼
2008 · 0.51
Quick ratio
0.08▼
2008 · 0.40
ROA
-29.8%▼
2008 · -11.4%
Debt ≤ 1 year
€448,906▲
2008 · €410,146
Debt > 1 year
€256,039▼
2008 · €271,999
Income taxes
€0▲
2008 · €0
Debt to equity is not shown because equity is negative. Debt divided by negative equity means nothing.
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €5,991 | €45,753 | €21,489 | €21,725 | ▲ 1.1% |
| Gross operating margin9900 | €62,162 | €41,089 | €31,785 | -€41,907 | - |
| Operating profit (loss)9901 | €35,332 | -€53,235 | -€60,978 | -€163,474 | ▼ 168% |
| Recurring financial income75 | €4,417 | €3,992 | €741 | €933 | ▲ 25.8% |
| Recurring financial charges65 | €18,219 | €29,233 | €47,144 | €41,898 | ▼ 11.1% |
| Profit (loss) for the period before taxes9903 | €5,278 | €251,918 | -€103,288 | -€208,835 | ▼ 102% |
| Income taxes67/77 | €2,912 | €0 | €0 | €0 | ▲ 18× |
| Profit (loss) for the period9904 | €2,366 | €136,995 | -€99,697 | -€205,244 | ▼ 106% |
| Profit (loss) for the period to be appropriated9905 | €2,366 | -€86,191 | -€92,722 | -€198,269 | ▼ 114% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Assets | |||||
| Total assets20/58 | €357,091 | €877,417 | €875,980 | €688,677 | ▼ 21.4% |
| Fixed assets21/28 | €121,417 | €662,080 | €666,594 | €638,507 | ▼ 4.2% |
| Tangible fixed assets22/27 | €121,332 | €661,745 | €656,959 | €637,672 | ▼ 2.9% |
| Financial fixed assets28 | €85 | €335 | €9,635 | €835 | ▼ 91.3% |
| Current assets29/58 | €235,673 | €215,337 | €209,387 | €50,170 | ▼ 76.0% |
| Stocks and contracts in progress3 | €70,166 | €79,682 | €43,506 | €14,163 | ▼ 67.4% |
| Amounts receivable within one year40/41 | €163,756 | €133,850 | €164,092 | €33,794 | ▼ 79.4% |
| Cash at bank and in hand54/58 | €55 | €56 | €82 | €999 | ▲ 12× |
| Equity and liabilities | |||||
| Total equity and liabilities10/49 | €357,091 | €877,417 | €875,980 | €688,677 | ▼ 21.4% |
| Equity10/15 | €38,772 | €175,767 | €76,070 | -€129,173 | - |
| Contributions10/11 | €61,973 | €61,973 | €61,973 | €61,973 | = |
| Reserves13 | €6,197 | €229,383 | €222,409 | €215,434 | ▼ 3.1% |
| Profit (loss) carried forward14 | -€29,399 | -€115,590 | -€208,312 | -€406,581 | ▼ 95.2% |
| Provisions and deferred taxes16 | - | €114,923 | €111,332 | €107,741 | ▼ 3.2% |
| Amounts payable17/49 | €318,319 | €586,727 | €688,578 | €710,110 | ▲ 3.1% |
| Amounts payable after more than one year17 | €10,592 | €292,951 | €271,999 | €256,039 | ▼ 5.9% |
| Amounts payable within one year42/48 | €306,896 | €293,490 | €410,146 | €448,906 | ▲ 9.5% |
| Trade debts44 | €81,240 | €34,124 | €95,294 | €68,721 | ▼ 27.9% |
| Line | 2006 | 2007 | 2008 | 2009 | Change |
|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €2,366 | €136,995 | -€99,697 | -€205,244 | ▼ 106% |
| + Depreciation and write-downs630 | €5,991 | €45,753 | €21,489 | €21,725 | ▲ 1.1% |
| Operating cash flow (approximation) | €8,357 | €182,748 | -€78,208 | -€183,518 | ▼ 135% |
| Investment in fixed assets (approximation) | - | -€586,416 | -€26,002 | €6,362 | - |
| Change in cash | - | €1 | €26 | €917 | ▲ 36× |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 14 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2009 | full format | 02-07-2010 | 2010-26200085 | |
| 31-12-2008 | full format | 20-05-2009 | 2009-15600320 | |
| 31-12-2007 | full format | 14-05-2008 | 2008-14200126 | |
| 31-12-2006 | abbreviated format | 24-05-2007 | 2007-15900050 | |
| 31-12-2005 | abbreviated format | 02-06-2006 | 2006-20203893 | |
| 31-12-2004 | abbreviated format | 17-06-2005 | 2005-28300736 | |
| 31-12-2003 | abbreviated format | 27-05-2004 | 2004-17400758 | |
| 31-12-2002 | abbreviated format | 09-05-2003 | 2003-13604462 | |
| 31-12-2001 | abbreviated format | 31-07-2002 | 2002-44700660 | |
| 31-12-2000 | abbreviated format | 16-08-2001 | 2001-50504234 |