Balance sheet as of 31 December 2018

All amounts in euro

Activa 31-12-2018 31-12-2017
Fixed Assets
Intangible fixed assets
Website  4,332 3,614
Tangible fixed assets
Renovation 113,596  123,636
Office supplies 50,149  52,447
Hardware and software 38,178 28,545
Total tangible fixed assets 201,923  204,628
Total fixed assets 206,254 208,242
Current assets
Accruals 121,358 172,928
Accounts receivable and advances 19,997 66,249
Grants to be received 1,894,089 1,883,399
Total current assets 2,035,444 2,122,576
Liquid assets
The Netherlands 5,311,670 4,387,495
Abroad 399,749 294,670
Total liquid assets 5,711,419 4,682,164
Total assets 7,953,117 7,012,982

 

Liabilities 31-12-2018 31-12-2017
Reserves and funds
Continuity reserve 2,037,299 2,233,407
Security Fund 27,490 27,490
Total reserves and funds 2,064,789 2,260,897
Current liabilities
Payable to staff 267,543 235,118
Payable to suppliers 204,573 407,246
Other short-term liabilities 124,844 131,188
Obligations related to current projects 1,148,397 1,459,570
Grants received in advance 4,142,972 2,518,963
Total current liabilities 5,888,328 4,752,085
Total liabilities 7,953,117 7,012,982