Balance and year results

Situation of all assets and liabilities owned by the non-profit organisation on 31.12.2018.

Assets€ 76.448.802,00
Fixed assets € 10.103.048,00
Intangible assets€ 274.631,00
Tangible assets € 9.817.673,00
Financial assets€ 10.744,00
Current assets€ 66.345.754,00
Stocks & orders in progress€ 5.015.019,00
Accounts receivable€ 21.342.132,00
Liquid assets € 39.534.005,00
Deferred charges and accrued income € 454.598,00
Liabilities € 76.448.802,00
Capital and reserves € 20.162.096,00
Provisions € 167.698,00
Creditors € 56.119.008,00
Creditors amounts falling due within 1 year€ 20.938.483,00
Deferred charges and accrued income € 35.180.524,00

PROFIT AND LOSS ACCOUNT

The profit and loss account reflects the result of VZW Flanders Make over the entire year 2018.
Revenues – costs = profit of the year, from 1 January up to 31 December.

Revenues € 15.666.375,00
Turnovers € 14.386.882,00
FM Convenant€ 9.629.219,00
FM non-Convenant€ 4.530.182,00
Membership fees and other€ 227.482,00
Other revenues€ 1.279.493,00
Costs € 15.828.495,00
Salaries, social security charges and pensions € 11.114.965,00
Operating costs € 4.679.073,00
Other costs € 34.455,00
Result from operating activities € -148.574,00
Use of reserves € 159.643,00
Result for the financial year€ 11.069,00