17 Receivables

EUR 000

30 September 2022

30 September 2021

Trade receivables



Other receivables








The recoverable amounts of trade receivables are estimated every quarter. The important factors to be considered when estimating trade receivables are historical performance, the terms and conditions of contracts, and progress on and results of work performed. Both expected macro-economic factors and the financial position of the debtor are important when assessing the loss allowance.

Unbilled services on contracts with customers are presented as contract assets in Note 5.

17.1 Trade receivables

All trade receivables are due within one year. They are subject to a first pledge in favor of the bank in connection with the credit facility provided, and a second pledge in favor of Coöperatie KPMG U.A. as security for loans advanced.

Trade receivables are shown net of expected credit losses of EUR 1,033 (2020/2021: net of expected credit losses of EUR 711). In the statement of profit or loss and other comprehensive income a loss of EUR 181 (2020/2021: profit of EUR 365) has been recognized under impairment on trade receivables (2020/2021: under impairment on trade receivables).

17.2 Other

All other receivables are due within one year. The prepayments mainly consist of prepaid insurance premiums.