Annual Report 2017

Financial statements 2017

“Based on our review, nothing has come to our attention that causes us to believe that these financial statements do not present fairly, in all material respects, the financial position of the European Federation of Allergy and Airways Diseases Patients’ Associations as at December 31, 2017, and the results of its operations for the year then ended, in accordance with the financial-reporting framework applicable in Belgium”. 

Jean Bernard Pieuli-Takou
Registered auditor

BALANCE SHEET (in €)

ASSETS 

2017

2016
INTANGIBLE ASSETS 
0
7.394
  Restructuring costs 22.177 22.177
  Depreciation of restructuring costs -22.177 -14.784
FURNITURE 
3.429
538
  Office Appliances 17.778 12.660
  Depreciation of office appliances -14.349 -12.122
DEBTORS 
163.826
147.936
LIQUIDITIES 
802.541
422.916
  Bank Account 0038/4174-7 501.752 122.124
  Bank Account 5912/7917-1 250.344 250.348
  Handelsbanken 41 402 669 50.445 50.445
DEFERRED CHARGES AND ACCRUED INCOME 
5.111
22.894
  Deferred Charges 5.111 11.766
  Accrued Income 0 11.128

TOTAL ASSETS 

974.907

601.678
       

LIABILITIES 

2017

2016
RESERVE 
345.844
343.510
  Reserve last year 93.510 110.605
  Social reserve 140.000 140.000
  Organisation reserve 110.000 110.000 
  Excess of income over expenditure from current year 2.334 -17.095
DEBTS 
629.063
258.168
  Creditors 91.232 57.880
  VAT payable on EU deliveries 38.684 9.679
  Taxes on salary -667 0
  Social Security 15.127 -17.336
  Salaries Employees    
  Other social debts    
  Received grants for next year (regularisation EU projects) 484.687 173.274
  Received fees for next year    
  Charges postponed to next year    

TOTAL LIABILITIES 

974.907

601.678