Total assets: the meaning
Everything the company owns, and so also where the money comes from: equity plus debt.
The balance sheet has two sides that are always equal: assets (what the company owns) and liabilities and equity (how it is funded).
How to read it
A measure of size. All ratios on Nummo, such as per 100 euros, start from this figure.
On Nummo you find this figure in the Figures tab of every company that filed annual accounts, over the years. In the tables, a small card gives this explanation in short.
How to calculate it
item 20/58
The item numbers follow the official format of Belgian annual accounts, which builds on the European Accounting Directive.
More: Belgian annual accounts: how to read them →
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