Financial summary 2018

SWOV is a non-profit organization. After a number of years with positive results, 2018 closed with a negative operational result, as did 2017, which for 2018 amounts to € 138K. This is mainly a consequence of extra investments in the Road Safety Data Centre (formerly Informatiehuis) and the budget for the Delft Road Safety Course being exceeded. As a designated reserve was available for the Data Centre, the amount that we must charge to the general reserve is not too high: € 27K.  

Balans

 

31/12/2018

 

31/12/2017

 

   

 

 

 

ASSETS

   

 

 

   

 

Fixed assets

   

 

Intangible fixed assets

                 109.724

 

                   54.656

Tangible fixed assets

                 141.832

 

                 111.358

 

                 251.556

 

                 166.014

 

   

 

Current projects

                 101.873

 

                 116.083

 

   

 

Current assets

   

 

Accounts reveivable

                 618.048

 

                 717.952

Current account STIWAS

                   31.927

 

                   42.076

Liquid assets

                 982.168

 

               1.953.363

 

               1.632.143

 

               2.713.391

 

   

 

TOTAL ASSETS

               1.985.572

 

               2.995.488

 

   

 

LIABILITIES

   

 

 

   

 

Reserves

   

 

General reserve

               1.181.839

 

               1.208.535

Earmarked reserve

                         -  

 

                   85.000

Earmarked fund

                 131.293

 

                 157.968

 

               1.313.132

 

               1.451.503

 

   

 

Provisions

                   47.076

 

                   44.856

 

   

 

Current liabilities

                 625.364

 

               1.499.129

 

   

 

TOTAAL PASSIVA

               1.985.572

 

               2.995.488

The amounts are in euros and are from SWOV's Financial Report 2018

SWOV receives income from the Ministry of Infrastructure and Environment, the European Union and external clients, such as other governments, organisations and institutions. The most important financier is the Ministry of IenW, which contributes about 70% of the turnover. The grant for 2017 is based on the subsidy scheme SWOV 2014, which came into force from 2015.

With € 1.1 million, the realization of external assignments was over € 300K less than budgeted. Part of this has been compensated by the Ministry's wage/price indexation of €89K. The reason for this is that there were less FTE available as a result of filling in a number of vacancies later, as a result of which a number of activities were postponed to 2019. 

Statement of income and expenditure

 

Actual 2018

 

Budgeted 2018

 

Actual 2017

 

       

 

 

       

 

INCOME

       

 

 

       

 

Subsidie Ministry of IenW

               3.956.357

 

               3.867.831

 

               3.867.831

EU income

                 416.876

 

                 344.932

 

                 909.996

Income external clients

                 737.556

 

               1.113.578

 

                 710.741

Contribution Fonds RAI and ANWB

                   20.000

 

                   20.000

 

                   20.000

 

       

 

TOTAAL INCOME

               5.130.789

 

               5.346.341

 

               5.508.568

 

       

 

EXPENDITURE

       

 

 

       

 

Personnel

               4.138.830

 

               4.280.203

 

               4.370.323

Building

                 354.736

 

                 362.000

 

                 364.907

Deprecation

                   90.420

 

                   98.176

 

                   83.926

Other company liabilities

                 391.196

 

                 388.824

 

                 392.231

Total generala expenditure

               4.975.182

 

               5.129.203

 

               5.211.387

 

       

 

External expenditure IenW projects

                 176.843

 

                 235.750

 

                 230.263

External expenditure EU-projects

                   50.719

 

                         -  

 

                   67.156

External expenditure other projecten

                   66.720

 

                         -  

 

                   66.070

Totaal external expenditure

                 294.282

 

                 235.750

 

                 363.489

 

       

 

TOTAL EXPENDITURE

               5.269.464

 

               5.364.953

 

               5.574.876

 

 

 

 

 

 

Balance income and expenditure

                -138.675

 

                  -18.612

 

                  -66.308

Interest

                       304

 

                         -  

 

                       357

 

       

 

RESULT

                -138.371

 

                  -18.612

 

                  -65.951

 

 

 

 

 

 

APPROPRIATION RESULT

       

 

General reserve

                  -26.696

 

                         -  

 

                  -45.618

Earmarked reserve Informatiehuis

                  -85.000

 

                         -  

 

                  -35.000

Earmarked fund RAI/ANWB

                  -26.675

 

                         -   

 

                   14.667

 

       

 

BALANCE APPROPRIATION RESULT

                -138.371

 

                         -  

 

                  -65.951

The amounts are in euros and are from SWOV's Financial Report 2018

Law on the criteria for top incomes/salaries

On 1 January 2013, the Dutch Law on Top Income (WNT) came into force. The WNT applies to SWOV. The remuneration maximum applicable to SWOV is € 181,000 in 2017 (the general remuneration maximum).

Leading top executives

Amounts x € 1

P. van der Knaap

R.G. Eenink

H.L. Stipdonk

Function information

Managing Director

Management Team / Deputy Director

Management Team

Start and end of job performance in 2018

01-01 t/m 31-12

01-01 t/m 31-12

01-01 t/m 31-12

Scope of employment (full-time equivalent in FTE)

1

1

1

Employment?

yes

yes

yes

 

 

 

 

Salary

 

 

 

Remuneration plus taxable expense allowances

                 124.408

                 101.461

                 101.445

Payments payable in the long term

                   18.294

                   17.042

                   17.042

Subtotal

                 142.702

                 118.503

                 118.486

 

 

 

 

Individually applicable remuneration maximum

189.000

189.000

                 189.000

 

 

 

 

 -/- Amount unduly paid and not yet received back

Does not apply

Does not apply

Does not apply

Total remuneration

                 142.702

                 118.503

                 118.486

 

 

 

 

Reason why the excess is or is not permitted

Does not apply

Does not apply

Does not apply

 

   

 

Data 2017

 

 

 

bedragen x € 1

P. van der Knaap

R.G. Eenink

H.L. Stipdonk

Function information

Managing Director

Management Team / Deputy Director

Management Team

Start and end of job performance in 2017

01-01 t/m 31-12

01-01 t/m 31-12

01-01 t/m 31-12

Scope of employment (full-time equivalent in FTE)

1

1

1

Employment?

yes

yes

yes

 

 

 

 

Salary

 

 

 

Remuneration plus taxable expense allowances

                 122.885

                   99.994

                   99.994

Payments payable in the long term

                   17.063

                   15.712

                   16.082

Subtotal

                 139.948

                 115.706

                 116.076

 

 

 

 

Individually applicable remuneration maximum

181.000

181.000

                 181.000

 

 

 

 

 -/- Amount unduly paid and not yet received back

Does not apply

Does not apply

Does not apply

Total remuneration

                 139.948

                 115.706

                 116.076

 

Supervising senior officials with a remuneration of € 1,700 or less

NAME

POSITION

Dhr S. de Rouwe

Chairman Member board of supervisors

Dhr. O.C.M. de Bruijn

Member board of supervisors

Mw. M.M. de Jager

Member board of supervisors

Dhr. J.P. Schaaij

Member board of supervisors

Mw. I.B. Schipper

Member board of supervisors

Dhr. E.T. Verhoef

Member board of supervisors

Mw. J.M. de Vries

Member board of supervisors