2019 Accounts
Financial accounts
| Balance sheet as of December 31, 2019 |
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| 2019 (Euro) | 2018 (Euro) |
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| ASSETS | ||
| Fixed assets | ||
| Other fixed assets | 8 104 | 8 339 |
| Current assets | ||
| Debtors European Commission | 193 763 | 290 350 |
| Other debtors | 145 383 | 57 427 |
| Cash at bank and on deposit | 893 059 | 802 249 |
| 1 232 205 | 1 150 025 |
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| Prepayments | 87 192 | 52 807 |
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| 1 327 500 | 1 211 171 |
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| LIABILITIES | ||
| Capital and reserves | ||
| Results brought forward | 407 018 | 276 337 |
| Result of the year | 29 983 | 130 681 |
| 437 000 | 407 018 |
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| Creditors | ||
| EU Subsidies received on account | 530 586 | 476 252 |
| Tax and social security | 39 942 | 32 466 |
| Payments received on account | 48 750 | 55 000 |
| Trade creditors | 114 848 | 107 120 |
| Other liabilities | 32 954 | 28 355 |
| 767 079 | 699 193 |
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| Deferred income | 123 421 | 104 960 |
| 1 327 500 | 1 211 171 |
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| Deferred income represents a part of income received in 2019 and earlier and which will be used in 2020. |
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| As at December 31, 2019, the non-profit organisation had a rental guarantee of KEUR 16 granted to the owner of the offices used by the non-profit organisation. |
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| Profit and loss account |
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| Year ended December 31, 2019 |
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| 2019 (Euro) | 2018 (Euro) |
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| Other operating income | ||
| EU Subsidy | 870 620 | 823 603 |
| Corporate sponsorship | 251 339 | 314 454 |
| Sponsorship received on account | -88 461 | -80 000 |
| AE Conference registration fees | 264 050 | 214 573 |
| Co-financing in kind | 133 683 | 122 866 |
| Project participation and other subsidies | 321 377 | 201 885 |
| Deferred income | 70 000 | 22 281 |
| Membership fees and contributions | 57 531 | 60 442 |
| Publication sales and royalties | 408 | 512 |
| Donations | 2 598 | 4 334 |
| Other operating income | 6 855 | 8 512 |
| External charges | ||
| Accommodation expenses | -376 350 | -328 576 |
| External experts | -223 493 | -163 518 |
| Travel expenses | -113 511 | -100 713 |
| Publication and Information material | -88 245 | -81 800 |
| Alzheimer Europe Foundation | -78 326 | -77 109 |
| Office rent and associated costs | -45 913 | -43 846 |
| Equipment and Leasing | -51 529 | -37 648 |
| Communication costs | -48 405 | -34 627 |
| Office stationery and related costs | -5 258 | -5 230 |
| Bank charges | -5 243 | -4 347 |
| Membership fees | -4 120 | -3 870 |
| Recruitment costs | -2 328 | -1 012 |
| Other costs | -120 | -73 |
| Staff costs | ||
| Wages and salaries | -714 151 | -587 204 |
| Social security costs | -95 352 | -80 636 |
| Depreciation | -7 731 | -12 608 |
| Interest receivable and similar income | 59 | 36 |
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| 29 983 | 130 681 |
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Last Updated: Wednesday 07 October 2020
