Institut d'Enseignement secondaire complémentaire catholique: what changed
What changed
Institut d'Enseignement secondaire complémentaire catholique
NACE 85.330, Education
filed annual accounts (NBB)
Net result for the year
€152,884
2024 · -€470,640+€623,524
Equity
€6.5m
2024 · €6.5m-€37,822
Cash
€2.4m
2024 · €1.8m+€594,983
Balance sheet total
€6.8m
2024 · €6.9m-€76,471
Largest movements
Assets
- Tangible fixed assets -€635,846
down €635,846 (-28.0%), from €2.3m to €1.6m
of which Land and buildings: -€589,680
- Cash +€594,983
up €594,983 (+32.7%), from €1.8m to €2.4m
mainly Investment in fixed assets (net) (+€420,449) and Depreciation (+€215,397)
Equity and liabilities
- Investment grants -€190,706
down €190,706 (-96.9%), from €196,742 to €6,036
- Profit (loss) carried forward +€152,884
up €152,884 (+5.5%), from €2.8m to €2.9m
Income statement
- Staff costs -€563,847
down €563,847 (-6.4%), from €8.9m to €8.3m
- Services and other goods -€228,434
down €228,434 (-28.9%), from €789,751 to €561,317
- Financial income +€206,236
up €206,236 (+4,016%), from €5,135 to €211,371
of which Non-recurring financial income: +€204,153
- Depreciation -€133,859
down €133,859 (-38.3%), from €349,256 to €215,397
- Other operating income -€116,893
down €116,893 (-32.6%), from €358,788 to €241,895
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
-€470,640
Turnover
+€240
Other operating income
-€116,893
Goods and materials
-€322
Services and other goods
+€228,434
Staff costs
+€563,847
Depreciation
+€133,859
Write-downs
+€33,655
Other operating charges
-€4,042
Other operating items
-€421,359
Financial income
+€206,236
Financial charges
-€131
Result 2025
€152,884
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
+€390,763
Investment
+€397,303
Financing
-€193,083
Cash 2024
€1.8m
From operations (derived)
+€390,763
Net result for the year
+€152,884
Depreciation
+€215,397
Receivables within one year
+€19,779
Deferred charges and accrued income
+€38,975
Provisions
+€13,975
Debts within one year
-€13,646
Accrued charges and deferred income
-€36,601
Investment (derived)
+€397,303
Investment in fixed assets (net)
+€420,449
Current investments
-€23,146
Financing
-€193,083
Debts after one year
-€2,377
Contributions, distributions and other
-€190,706
Cash 2025
€2.4m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,863,457 | €6,786,986 | -€76,471 | -1.1% |
| Fixed assets | 21/28 | €2,274,689 | €1,638,843 | -€635,846 | -28.0% |
| Tangible fixed assets | 22/27 | €2,274,689 | €1,638,843 | -€635,846 | -28.0% |
| Land and buildings | 22 | €1,909,216 | €1,319,536 | -€589,680 | -30.9% |
| Furniture and vehicles | 24 | €62,565 | €35,890 | -€26,675 | -42.6% |
| Other tangible fixed assets | 26 | €232,908 | €213,417 | -€19,491 | -8.4% |
| Assets under construction and advance payments | 27 | €70,000 | €70,000 | = | 0.0% |
| Current assets | 29/58 | €4,588,768 | €5,148,143 | +€559,375 | +12.2% |
| Amounts receivable within one year | 40/41 | €303,807 | €284,028 | -€19,779 | -6.5% |
| Trade receivables | 40 | €21,157 | €8,263 | -€12,894 | -60.9% |
| Other amounts receivable | 41 | €282,650 | €275,765 | -€6,885 | -2.4% |
| Current investments | 50/53 | €2,406,621 | €2,429,767 | +€23,146 | +1.0% |
| Cash at bank and in hand | 54/58 | €1,820,293 | €2,415,276 | +€594,983 | +32.7% |
| Deferred charges and accrued income | 490/1 | €58,047 | €19,072 | -€38,975 | -67.1% |
| Total equity and liabilities | 10/49 | €6,863,457 | €6,786,986 | -€76,471 | -1.1% |
| Equity | 10/15 | €6,516,393 | €6,478,571 | -€37,822 | -0.6% |
| Contributions | 10/11 | €395,000 | €395,000 | = | 0.0% |
| Capital | 10 | €395,000 | €395,000 | = | 0.0% |
| Reserves | 13 | €3,165,000 | €3,165,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €2,759,651 | €2,912,535 | +€152,884 | +5.5% |
| Investment grants | 15 | €196,742 | €6,036 | -€190,706 | -96.9% |
| Provisions and deferred taxes | 16 | €4,000 | €17,975 | +€13,975 | +349% |
| Provisions for liabilities and charges | 160/5 | €4,000 | €17,975 | +€13,975 | +349% |
| Major repairs and maintenance | 162 | €4,000 | - | -€4,000 | |
| Other liabilities and charges | 164/5 | - | €17,975 | +€17,975 | |
| Amounts payable | 17/49 | €343,064 | €290,440 | -€52,624 | -15.3% |
| Amounts payable after more than one year | 17 | €32,271 | €29,894 | -€2,377 | -7.4% |
| Other amounts payable | 178/9 | €32,271 | €29,894 | -€2,377 | -7.4% |
| Amounts payable within one year | 42/48 | €231,632 | €217,986 | -€13,646 | -5.9% |
| Trade debts | 44 | €147,667 | €115,151 | -€32,516 | -22.0% |
| Suppliers | 440/4 | €139,522 | €110,248 | -€29,274 | -21.0% |
| Bills of exchange payable | 441 | €8,145 | €4,903 | -€3,242 | -39.8% |
| Taxes, remuneration and social security | 45 | €25,279 | €36,086 | +€10,807 | +42.8% |
| Taxes | 450/3 | €8,703 | €11,551 | +€2,848 | +32.7% |
| Remuneration and social security | 454/9 | €16,576 | €24,535 | +€7,959 | +48.0% |
| Accrued charges and deferred income | 492/3 | €79,161 | €42,560 | -€36,601 | -46.2% |
| Operating income | 70/76A | €9,650,632 | €9,045,412 | -€605,220 | -6.3% |
| Turnover | 70 | €25 | €265 | +€240 | +960% |
| Membership fees, donations, legacies and grants | 73 | €9,291,819 | €8,793,416 | -€498,403 | -5.4% |
| Other operating income | 74 | €358,788 | €241,895 | -€116,893 | -32.6% |
| Non-recurring operating income | 76A | €0 | €9,836 | +€9,836 | |
| Operating charges | 60/66A | €10,121,408 | €9,098,769 | -€1.0m | -10.1% |
| Goods for resale, raw materials and consumables | 60 | €0 | €322 | +€322 | |
| Purchases | 600/8 | €0 | €322 | +€322 | |
| Services and other goods | 61 | €789,751 | €561,317 | -€228,434 | -28.9% |
| Remuneration, social security and pensions | 62 | €8,858,236 | €8,294,389 | -€563,847 | -6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €349,256 | €215,397 | -€133,859 | -38.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €41,445 | €7,790 | -€33,655 | -81.2% |
| Other operating charges | 640/8 | - | €4,042 | +€4,042 | |
| Non-recurring operating charges | 66A | €78,720 | €1,537 | -€77,183 | -98.0% |
| Operating profit (loss) | 9901 | -€470,776 | -€53,357 | +€417,419 | +88.7% |
| Financial income | 75/76B | €5,135 | €211,371 | +€206,236 | +4,016% |
| Recurring financial income | 75 | €5,135 | €7,218 | +€2,083 | +40.6% |
| Other financial income | 752/9 | €5,135 | €7,218 | +€2,083 | +40.6% |
| Non-recurring financial income | 76B | - | €204,153 | +€204,153 | |
| Financial charges | 65/66B | €4,999 | €5,130 | +€131 | +2.6% |
| Recurring financial charges | 65 | €4,999 | €5,130 | +€131 | +2.6% |
| Other financial charges | 652/9 | €4,999 | €5,130 | +€131 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€470,640 | €152,884 | +€623,524 | |
| Profit (loss) for the period | 9904 | -€470,640 | €152,884 | +€623,524 | |
| Profit (loss) for the period to be appropriated | 9905 | -€470,640 | €152,884 | +€623,524 |
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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 2 November 2026 via checked.be.