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Financial statements

Balance sheet at 31 December

Before appropriation of result, all amounts in € thousands

Note

2019

2018

Assets

     

Intangible fixed assets

1

 

513

 

1,041

      

Tangible fixed assets

2

    

Leasehold improvements

 

3,836

 

1311

 

Equipment

 

1,002

 

800

 
   

4,838

 

2,111

      

Financial fixed assets

     

Participations

3

15,656

 

14,243

 
   

15,656

 

14,243

Current assets

     

Receivables

 

28

 

-

 

Receivables group companies

4

115

 

92

 

Taxes

5

405

 

926

 

Other receivables and accrued assets

 

546

 

2547

 

Cash and cash equivalents

6

25,851

 

26,341

 
   

26945

 

29,906

Total assets

  

47,952

 

47,301

      

Equity and liabilities

     

Issued capital

 

225

 

225

 

Share premium

 

41,367

 

41,367

 

Statutory reserve participations

 

4,461

 

3,504

 

Retained earnings

 

(15,901)

 

(15,119)

 

Net result for the year

 

4,264

 

3,175

 

Shareholders' equity

7

 

34,416

 

33,152

      

Provisions

     

Deferred tax liabilities

8

1,235

 

903

 
   

1,235

 

903

Current liabilities

     

Accounts payable

 

58

 

18

 

Taxes and social security premiums

9

1,368

 

1,241

 

Pension premiums

10

717

 

660

 

Payables group companies

11

5,393

 

7,026

 

Other liabilities

 

2,938

 

2,598

 

Accrued liabilities

 

1,827

 

1,703

 
   

12,301

 

13,246

Total equity and liabilities

  

47,952

 

47,301

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