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7 Deferred tax liabilities

 

2023

2022

Balance at 1 January

1,837

1,876

Additions

-

-

Released

(356)

(39)

Balance at 31 December

1,482

1,837

Bouwinvest has recognised a deferred tax liability of € 1.5 million of a long-term nature for the difference between the fiscal and commercial valuation of the participations of € 5.1 million at year-end 2023 (2022: € 7.1 million). The deferred tax liability is of a long-term nature.