Balance sheet & profit and loss account

Situation of all assets and liabilities owned by the non-profit organisation on 31.12.2017.

ASSETS € 53.866.317
FIXED ASSETS€ 6.735.611
Intangible assets€ 172.375
Tangible assets€ 6.552.492
Financial assets€ 10.744
Current assets€ 47.130.706
Stocks & orders in progress€ 6.201.403
Accounts receivable€ 3.875.964
Liquid assets€ 36.813.705
Deferred charges and accrued income€ 239.634
LIABILITIES€ 53.866.317
CAPITAL AND RESERVES € 14.316.469
PROVISIONS€ 495.539
CREDITORS€ 39.054.309
Creditors amounts falling due within 1 year€ 16.580.183
Deferred charges and accrued income€ 22.474.126

PROFIT AND LOSS ACCOUNT

The profit and loss account reflects the result of VZW Flanders Make over the entire year 2017. Revenues – costs = profit of the year, from 1 January up to 31 December.

REVENUES€ 13.976.611
TURNOVERS€ 12.863.123
FM Convenant€ 8.525.371
FM non-Convenant€ 3.456.686
Membership fees€ 166.166
OTHER REVENUES€ 1.113.488
COSTS € 13.454.138
Salaries, social security charges and pensions € 9.083.753
Operating costs € 4.370.385
RESULT FROM OPERATING ACTIVITIES € 522.473