11. Intangible assets
(thousands of €) |
In process |
Software & |
Brands, licenses, patents & know-how |
Total |
Acquisition value |
|
|
|
|
|
|
|
|
|
On 1 January 2017 |
5,561 |
7,185 |
1,523 |
14,269 |
Additions |
1,500 |
623 |
2 |
2,125 |
Sales and disposals |
|
(100) |
|
(100) |
Translation differences |
|
(212) |
|
(212) |
On 31 December 2017 |
7,061 |
7,496 |
1,525 |
16,082 |
Additions |
|
1,561 |
1,763 |
3,325 |
Sales and disposals |
(7,061) |
(20) |
(569) |
(7,650) |
Translation differences |
|
74 |
|
74 |
On 31 December 2018 |
– |
9,111 |
2,719 |
11,832 |
|
|
|
|
|
Amortization and impairment |
|
|
|
|
|
|
|
|
|
On 1 January 2017 |
5,561 |
6,182 |
1,501 |
13,246 |
Amortization |
|
644 |
8 |
652 |
Sales and disposals |
|
(99) |
|
(99) |
Translation differences |
|
(212) |
|
(212) |
On 31 December 2017 |
5,561 |
6,514 |
1,509 |
13,587 |
Amortization |
417 |
681 |
9 |
1,107 |
Impairment |
1,083 |
|
|
1,083 |
Sales and disposals |
(7,061) |
(20) |
(569) |
(7,650) |
Translation differences |
|
74 |
|
74 |
On 31 December 2018 |
– |
7,250 |
949 |
8,200 |
|
|
|
|
|
Carrying amount |
|
|
|
|
|
|
|
|
|
On 31 December 2017 |
1,500 |
982 |
16 |
2,495 |
On 31 December 2018 |
– |
1,862 |
1,771 |
3,632 |
The intangible assets increased by €1.1 million from €2.5 million at 31 December 2017, to €3.6 million at 31 December 2018. The amortization of €1.1 million and the impairment of €1.1 million were fully compensated by new additions for €3.3 million.
On 31 December 2018, our balance sheet did not hold any internally generated assets capitalized as intangible asset.