Cash flow statement

All amounts in euro

Cash flow statement 2017 2016
Operational activities
Balance of income and expenses in the financial year -31,306 764,131
Depreciations 102,194 85,400
Gross cash flow on the basis of operational activities 70,887 849,531
Changes in current assets 1,082,934 -219,569
Changes in current liabilities -2,241,995 1,245,472
Net cash flow on the basis of operational activities -1,088,173 1,875,434
Investment activities
Changes to fixed assets -138,219 -63,521
Changes in liquid assets -1,226,392 1,811,913
Liquid assets at the start of the financial year 5,908,556 4,096,643
Liquid assets at the end of the financial year 4,682,164 5,908,556
Changes in liquid assets -1,226,392 1,811,913