College Notre-Dame: what changed
What changed
College Notre-Dame
NACE 85.314, Education
filed annual accounts (NBB)
Net result for the year
€126,353
2024 · €86,151+€40,203
Equity
€4.5m
2024 · €4.4m+€66,692
Cash
€119,413
2024 · €213,810-€94,398
Balance sheet total
€6.4m
2024 · €6.3m+€82,982
Largest movements
Assets
- Tangible fixed assets +€128,560
up €128,560 (+2.7%), from €4.7m to €4.9m
of which Land and buildings: +€102,603
- Cash -€94,398
down €94,398 (-44.2%), from €213,810 to €119,413
mainly Investment in fixed assets (net) (-€354,243) and Debts after one year (-€109,901)
- Receivables within one year +€83,567
up €83,567 (+25.1%), from €333,446 to €417,013
of which Trade receivables: +€73,916
Equity and liabilities
- Profit (loss) carried forward +€126,353
up €126,353 (+11.9%), from €1.1m to €1.2m
- Debts within one year +€125,524
up €125,524 (+40.5%), from €309,572 to €435,095
of which Advances received: +€81,818
- Debts after one year -€109,901
down €109,901 (-6.9%), from €1.6m to €1.5m
Income statement
- Gross operating margin +€109,217
up €109,217 (+1.8%), from €6.0m to €6.1m
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€86,151
Gross operating margin
+€109,217
Staff costs
-€35,506
Depreciation
-€11,117
Write-downs
-€497
Other operating charges
+€4,195
Other operating items
-€21
Financial income
-€1,425
Financial charges
-€24,757
Taxes
+€113
Result 2025
€126,353
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€428,255
Investment
-€353,091
Financing
-€169,562
Cash 2024
€213,810
From operations (derived)
+€428,255
Net result for the year
+€126,353
Depreciation
+€264,431
Stocks and contracts
+€3,250
Receivables within one year
-€83,567
Deferred charges and accrued income
-€8,402
Debts within one year
+€125,524
Accrued charges and deferred income
+€667
Investment (derived)
-€353,091
Investment in fixed assets (net)
-€354,243
Current investments
+€1,152
Financing
-€169,562
Debts after one year
-€109,901
Contributions, distributions and other
-€59,661
Cash 2025
€119,413
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,294,545 | €6,377,526 | +€82,982 | +1.3% |
| Fixed assets | 21/28 | €4,836,323 | €4,926,135 | +€89,812 | +1.9% |
| Intangible fixed assets | 21 | €109,881 | €71,133 | -€38,748 | -35.3% |
| Tangible fixed assets | 22/27 | €4,722,723 | €4,851,283 | +€128,560 | +2.7% |
| Land and buildings | 22 | €4,531,111 | €4,633,714 | +€102,603 | +2.3% |
| Plant, machinery and equipment | 23 | €114,750 | €94,269 | -€20,481 | -17.8% |
| Furniture and vehicles | 24 | €70,207 | €63,400 | -€6,808 | -9.7% |
| Assets under construction and advance payments | 27 | €6,655 | €59,901 | +€53,246 | +800% |
| Financial fixed assets | 28 | €3,718 | €3,718 | = | 0.0% |
| Current assets | 29/58 | €1,458,222 | €1,451,391 | -€6,831 | -0.5% |
| Stocks and contracts in progress | 3 | €10,938 | €7,688 | -€3,250 | -29.7% |
| Stocks | 30/36 | €10,938 | €7,688 | -€3,250 | -29.7% |
| Amounts receivable within one year | 40/41 | €333,446 | €417,013 | +€83,567 | +25.1% |
| Trade receivables | 40 | €59,903 | €133,819 | +€73,916 | +123% |
| Other amounts receivable | 41 | €273,543 | €283,194 | +€9,652 | +3.5% |
| Current investments | 50/53 | €867,594 | €866,442 | -€1,152 | -0.1% |
| Cash at bank and in hand | 54/58 | €213,810 | €119,413 | -€94,398 | -44.2% |
| Deferred charges and accrued income | 490/1 | €32,434 | €40,837 | +€8,402 | +25.9% |
| Total equity and liabilities | 10/49 | €6,294,545 | €6,377,526 | +€82,982 | +1.3% |
| Equity | 10/15 | €4,391,072 | €4,457,765 | +€66,692 | +1.5% |
| Contributions | 10/11 | €2,450,450 | €2,450,450 | = | 0.0% |
| Capital | 10 | €2,450,450 | €2,450,450 | = | 0.0% |
| Reserves | 13 | €56,839 | €56,839 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,064,357 | €1,190,710 | +€126,353 | +11.9% |
| Investment grants | 15 | €819,427 | €759,766 | -€59,661 | -7.3% |
| Amounts payable | 17/49 | €1,903,472 | €1,919,762 | +€16,289 | +0.9% |
| Amounts payable after more than one year | 17 | €1,590,277 | €1,480,376 | -€109,901 | -6.9% |
| Financial debts | 170/4 | €1,590,277 | €1,480,376 | -€109,901 | -6.9% |
| Amounts payable within one year | 42/48 | €309,572 | €435,095 | +€125,524 | +40.5% |
| Current portion of amounts payable after more than one year | 42 | €109,461 | €109,900 | +€439 | +0.4% |
| Financial debts | 43 | €0 | €0 | = | |
| Credit institutions | 430/8 | €0 | €0 | = | |
| Trade debts | 44 | €102,826 | €160,049 | +€57,223 | +55.7% |
| Suppliers | 440/4 | €102,826 | €160,049 | +€57,223 | +55.7% |
| Advances received on contracts in progress | 46 | €52,372 | €134,191 | +€81,818 | +156% |
| Taxes, remuneration and social security | 45 | €19,785 | €19,778 | -€7 | 0.0% |
| Remuneration and social security | 454/9 | €19,785 | €19,778 | -€7 | 0.0% |
| Accrued charges and deferred income | 492/3 | €3,623 | €4,290 | +€667 | +18.4% |
| Turnover | 70 | €617,760 | €560,524 | -€57,236 | -9.3% |
| Membership fees, donations, legacies and grants | 73 | €6,351,175 | €6,486,504 | +€135,329 | +2.1% |
| Non-recurring operating income | 76A | €862 | €689 | -€173 | -20.0% |
| Goods, raw materials, services and sundry goods | 60/61 | €997,599 | €950,177 | -€47,422 | -4.8% |
| Remuneration, social security and pensions | 62 | €5,670,235 | €5,705,741 | +€35,506 | +0.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €253,314 | €264,431 | +€11,117 | +4.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€497 | €0 | +€497 | |
| Other operating charges | 640/8 | €7,984 | €3,789 | -€4,195 | -52.5% |
| Non-recurring operating charges | 66A | - | €21 | +€21 | |
| Gross operating margin | 9900 | €6,016,084 | €6,125,301 | +€109,217 | +1.8% |
| Operating profit (loss) | 9901 | €85,047 | €151,319 | +€66,271 | +77.9% |
| Financial income | 75/76B | €2,126 | €702 | -€1,425 | -67.0% |
| Recurring financial income | 75 | €138 | €702 | +€564 | +409% |
| Non-recurring financial income | 76B | €1,989 | €0 | -€1,989 | -100.0% |
| Financial charges | 65/66B | €910 | €25,667 | +€24,757 | +2,719% |
| Recurring financial charges | 65 | €238 | €24,482 | +€24,245 | +10,195% |
| Non-recurring financial charges | 66B | €673 | €1,185 | +€512 | +76.2% |
| Profit (loss) for the period before taxes | 9903 | €86,263 | €126,353 | +€40,090 | +46.5% |
| Income taxes | 67/77 | €113 | €0 | -€113 | -100% |
| Profit (loss) for the period | 9904 | €86,151 | €126,353 | +€40,203 | +46.7% |
| Profit (loss) for the period to be appropriated | 9905 | €86,151 | €126,353 | +€40,203 | +46.7% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 3 November 2026 via checked.be.