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 |