What was your net income over the past 12 months (including incidental income)?
Total annual income is the sum of all employment income, interest on bank deposits or other debt instruments, dividend payments, or real estate income.
- Income from employment: includes wages received, unemployment benefits and pension payments, excluding exceptional payments;
- Interest on bank deposits or other debt instruments: payments on bank deposits or other debt instruments received in the previous calendar year, excluding exceptional payments;
- Dividend distributions: payments received in respect of ownership of shares or units in an undertaking for collective investment or other equity instruments, excluding capital gains realized from the sale of all or part of such ownership;
- Income from real estate: all payments received in connection with the rental of real estate, with the exception of capital gains realized from the sale of this real estate or part of it.
- Partner and child support: all payments made as partner or child support;
- Rent and mortgage payments: all payments made as rent or mortgage payments;
- Loan Repayments: All payments made as loan repayments;
Total annual income is the sum of all employment income, interest on bank deposits or other debt instruments, dividend payments, or real estate income.
- spousal and child support;
- rent and mortgage payments;
- loan repayments;
- insurance premium payments;
- utility payments, including electricity, heating and water;
- subscription payments for services;
- income tax and property tax.;
What is the estimated value of your liquid assets (including bank and investment accounts and excluding your own home)?
Total liquid assets are calculated as the sum of all cash in savings and checking accounts, and the value of assets that can be easily and quickly converted into cash, including:
- savings products that can be converted into cash within a maximum of thirty calendar days;
- financial instruments, such as shares and bonds, traded on a stock exchange (regulated market within the meaning of Article 4(1)(21) of Directive 2014/65/EU of the European Parliament and of the Council (4));
- shares and units in collective investment undertakings that offer redemption rights at least weekly.
The following assets are not considered liquid assets:
- property;
- amounts paid into an occupational pension scheme;
- shares of companies that are not freely convertible or tradable, including previous crowdfunding investments.
The date for the valuation of the total liquid assets can be chosen as December 31 of the past year or a more recent date if this better reflects the current value of the assets. In the latter case, make sure that the situation for income and expenses is still a correct representation of the situation.
