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2018 Annual Report2Key Figures of the GroupKey Figures of the Group Consolidated Statement of Financial Position (in 000 EUR)Dec 2018Dec 2017ChangeTotal assets5,966,1845,499,378466,805Loans and advances
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01
Gather all necessary financial information such as assets, liabilities, and equity.
02
List all assets owned by the business, such as cash, accounts receivable, inventory, and property.
03
List all liabilities owed by the business, such as accounts payable, loans, and mortgages.
04
Calculate the difference between total assets and total liabilities to determine the equity section of the balance sheet.
05
Ensure the balance sheet is accurately filled out and balances by following the accounting equation: Assets = Liabilities + Equity.

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Potential buyers or partners to understand the financial standing of the business before entering into any transactions.
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A balance sheet is a financial statement that provides a snapshot of a company's assets, liabilities, and equity at a specific point in time. It is used by ProCredit to assess financial health and performance.
All companies registered with ProCredit that meet specific criteria regarding revenue and asset thresholds are required to file a balance sheet.
To fill out the balance sheet, gather your financial data, categorize your assets and liabilities appropriately, and ensure that the total assets equal total liabilities plus equity, then submit the form through the ProCredit portal.
The purpose of the balance sheet is to provide stakeholders with a clear picture of a company's financial position, enabling informed decision-making and assessing the company's ability to meet its obligations.
Required information includes current and long-term assets, current and long-term liabilities, and shareholders' equity.
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