| EUR thousand | 2019 | 2018 | |
| CASH FLOW FROM OPERATING ACTIVITIES | |||
| Profit (loss) before taxes | 7,055 | 8,008 | |
| Adjustments: | |||
| Planned depreciation | 2,045 | 1,166 | |
| Impairment of non-current assets | 0 | 0 | |
| Unrealized exchange rate gains and losses | -134 | 33 | |
| Finance income and expenses | 246 | 76 | |
| Cash flow before change in working capital | 9,212 | 9,283 | |
| Change in working capital: | |||
| Increase (-)/decrease (+) in short-term interest-free trade receivables | -2,394 | -1,492 | |
| Increase (-)/decrease (+) in inventories | -1,559 | -2,031 | |
| Increase (+)/decrease (-) in short-term interest-free liabilities | 3,078 | 697 | |
| Cash flow from operating activities before financial items and taxes | 8,337 | 6,457 | |
| Interest paid and payments on other financial expenses | -402 | -270 | |
| Interest received from operating activities | 121 | 166 | |
| Direct taxes paid | -834 | -2,906 | |
| Cash flow before extraordinary items | 7,222 | 3,447 | |
| Cash flow from operating activities (A) | 7,222 | 3,447 | |
| CASH FLOW FROM INVESTMENT ACTIVITIES | |||
| Investments in tangible and intangible assets | -4,714 | -3,279 | |
| Loans granted | 0 | -135 | |
| Repayments of loan receivables | 59 | 100 | |
| Incorporation of a subsidiary | -1 | -13 | |
| Repayment of an equity investment | 78 | 107 | |
| Cash flow from investment activities (B) | -4,578 | -3,220 | |
| CASH FLOW FROM FINANCING ACTIVITIES | |||
| Share issue against payment | 150 | 688 | |
| Acquisition of own shares | -583 | ||
| Payments of short-term liabilities | 0 | 0 | |
| Loans granted | 0 | -688 | |
| Repayments of long-term loans | 2,980 | 0 | |
| Paid dividends and other profit distribution | -2,472 | -1,786 | |
| Repayments of capital | 0 | -8,254 | |
| Cash flow from financing activities (C) | 75 | -10,040 | |
| CHANGE IN CASH AND CASH EQUIVALENTS (A+B+C) | 2,720 | -9,813 | |
| Cash and cash equivalents at the beginning of the financial period | 508 | 10,321 | |
| Cash and cash equivalents at the end of the financial period | 3,228 | 508 | |
