diff --git a/tests/test_reports_fund.py b/tests/test_reports_fund.py
index fbcba40fc8f6f70d089286c80a864f42b0e59a5f..acaf27f9631bc47b095e1d6928900de960fea71b 100644
--- a/tests/test_reports_fund.py
+++ b/tests/test_reports_fund.py
@@ -296,6 +296,13 @@ def test_text_report(project, start_date, stop_date):
     assert retcode == 0
     check_text_report(output, project, start_date, stop_date)
 
+def test_text_report_empty_balances():
+    retcode, output, errors = run_main(io.StringIO, [
+        '-t', 'text', '-b', '2018-01-01',
+    ])
+    assert not errors.getvalue()
+    assert retcode == 0
+
 @pytest.mark.parametrize('start_date,stop_date', [
     (START_DATE, STOP_DATE),
     (MID_DATE, STOP_DATE),