Balance Sheet

in Euros, after proposed appropriation of result

  

31-12-2019

  

31-12-2018

 

ASSETS

Note:

     
       

Intangible fixed assets

 

214,300

  

388,245

 

Tangible fixed assets

 

524,657

  

497,272

 

Financial fixed assets

 

25,000

  

-

 

Fixed assets

(1)

 

763,957

  

885,517

       

Receivables

(2)

 

8,588,983

  

5,032,902

       

Cash and cash equivalents

(3)

 

11,959,845

  

18,967,501

       

TOTAL ASSETS

  

21,312,785

  

24,885,920

       

LIABILITIES

      
       

Continuity reserve

 

5,000,000

  

5,000,000

 

General reserve

 

2,528,356

  

1,048,294

 

Legal reserve

 

214,300

  

388,245

 

Reserves

  

7,742,656

  

6,436,539

       

Earmarked funds

  

299,983

  

439,468

       

Reserves and funds

(4)

 

8,042,639

  

6,876,007

       

Provisions

(5)

 

777,496

  

715,580

       

Long-term liabilities

(6)

 

23,111

  

31,515

       
       

Short-term liabilities

(7)

 

12,469,539

  

17,262,819

       

TOTAL LIABILITIES

  

21,312,785

  

24,885,920