Cash flow statement

All amounts in euro

Cash flow statement 2018 2017
Operational activities
Balance of income and expenses in the financial year -196,108 -31,306
Depreciations 84,514 102,194
Gross cash flow on the basis of operational activities -111,595 70,887
Changes in current assets 87,132 1,082,934
Changes in current liabilities 1,136,243 -2,241,995
Net cash flow on the basis of operational activities 1,111,781 -1,088,173
Investment activities
Changes to fixed assets -82,526 -138,219
Changes in liquid assets 1,029,255 -1,226,392
Liquid assets at the start of the financial year 4,682,164 5,908,556
Liquid assets at the end of the financial year 5,711,419 4,682,164
Changes in liquid assets 1,029,255 -1,226,392