Institut de l'Assomption: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
Institut de l'Assomption
NACE 85.314, Education
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€98,100
2024 · -€78,345-€19,755
Equity
€3.2m
2024 · €3.4m-€157,827
Cash
€158,810
2024 · €264,528-€105,718
Balance sheet total
€8.6m
2024 · €8.9m-€303,358
Largest movements
Assets
- Tangible fixed assets -€121,055
down €121,055 (-1.5%), from €8.1m to €7.9m
of which Assets under construction and advance payments: -€1.2m
- Cash -€105,718
down €105,718 (-40.0%), from €264,528 to €158,810
mainly Investment in fixed assets (net) (-€230,585) and Debts after one year (-€205,801)
Equity and liabilities
- Debts after one year -€205,801
down €205,801 (-4.1%), from €5.1m to €4.9m
- Accrued charges and deferred income +€134,171
up €134,171 (+155%), from €86,535 to €220,706
- Profit (loss) carried forward -€98,100
down €98,100 (-9.7%), from €1.0m to €912,734
Income statement
- Staff costs +€193,395
up €193,395 (+3.2%), from €6.0m to €6.2m
- Purchases and services -€137,868
down €137,868 (-11.4%), from €1.2m to €1.1m
- Gross operating margin +€131,938
up €131,938 (+2.1%), from €6.4m to €6.5m
- Turnover -€72,228
down €72,228 (-16.6%), from €436,335 to €364,107
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€78,345
Gross operating margin
+€131,938
Staff costs
-€193,395
Depreciation
-€47,397
Write-downs
+€6,000
Other operating charges
+€2,091
Other operating items
+€79,635
Financial income
-€20
Financial charges
+€1,393
Result 2025
-€98,100
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€390,396
Investment
-€230,585
Financing
-€265,528
Cash 2024
€264,528
From operations (derived)
+€390,396
Net result for the year
-€98,100
Depreciation
+€351,640
Receivables within one year
+€70,126
Deferred charges and accrued income
+€6,460
Debts within one year
-€73,900
Accrued charges and deferred income
+€134,171
Investment (derived)
-€230,585
Investment in fixed assets (net)
-€230,585
Financing
-€265,528
Debts after one year
-€205,801
Contributions, distributions and other
-€59,727
Cash 2025
€158,810
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €8,863,413 | €8,560,055 | -€303,358 | -3.4% |
| Fixed assets | 21/28 | €8,060,487 | €7,939,432 | -€121,055 | -1.5% |
| Tangible fixed assets | 22/27 | €8,060,487 | €7,939,432 | -€121,055 | -1.5% |
| Land and buildings | 22 | €3,952,974 | €5,088,134 | +€1.1m | +28.7% |
| Furniture and vehicles | 24 | €107,841 | €96,655 | -€11,186 | -10.4% |
| Leasing and similar rights | 25 | €2,717,000 | €2,642,700 | -€74,300 | -2.7% |
| Other tangible fixed assets | 26 | €118,939 | €111,943 | -€6,996 | -5.9% |
| Assets under construction and advance payments | 27 | €1,163,732 | - | -€1.2m | |
| Current assets | 29/58 | €802,926 | €620,623 | -€182,303 | -22.7% |
| Amounts receivable within one year | 40/41 | €190,321 | €120,195 | -€70,126 | -36.8% |
| Trade receivables | 40 | €142,206 | €118,855 | -€23,350 | -16.4% |
| Other amounts receivable | 41 | €48,115 | €1,339 | -€46,775 | -97.2% |
| Cash at bank and in hand | 54/58 | €264,528 | €158,810 | -€105,718 | -40.0% |
| Deferred charges and accrued income | 490/1 | €348,078 | €341,618 | -€6,460 | -1.9% |
| Total equity and liabilities | 10/49 | €8,863,413 | €8,560,055 | -€303,358 | -3.4% |
| Equity | 10/15 | €3,384,597 | €3,226,770 | -€157,827 | -4.7% |
| Contributions | 10/11 | €293,145 | €293,145 | = | 0.0% |
| Capital | 10 | €293,145 | €293,145 | = | 0.0% |
| Reserves | 13 | €500,000 | €500,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,010,833 | €912,734 | -€98,100 | -9.7% |
| Investment grants | 15 | €1,580,619 | €1,520,892 | -€59,727 | -3.8% |
| Provisions and deferred taxes | 16 | €0 | - | = | |
| Provisions for liabilities and charges | 160/5 | €0 | - | = | |
| Other liabilities and charges | 164/5 | €0 | - | = | |
| Amounts payable | 17/49 | €5,478,815 | €5,333,285 | -€145,531 | -2.7% |
| Amounts payable after more than one year | 17 | €5,067,220 | €4,861,419 | -€205,801 | -4.1% |
| Financial debts | 170/4 | €5,067,220 | €4,861,419 | -€205,801 | -4.1% |
| Amounts payable within one year | 42/48 | €325,061 | €251,160 | -€73,900 | -22.7% |
| Current portion of amounts payable after more than one year | 42 | €209,532 | €209,139 | -€394 | -0.2% |
| Trade debts | 44 | €80,833 | €31,182 | -€49,651 | -61.4% |
| Suppliers | 440/4 | €80,833 | €31,182 | -€49,651 | -61.4% |
| Taxes, remuneration and social security | 45 | €11,119 | €8,970 | -€2,150 | -19.3% |
| Remuneration and social security | 454/9 | €11,119 | €8,970 | -€2,150 | -19.3% |
| Accrued charges and deferred income | 492/3 | €86,535 | €220,706 | +€134,171 | +155% |
| Turnover | 70 | €436,335 | €364,107 | -€72,228 | -16.6% |
| Membership fees, donations, legacies and grants | 73 | €994,918 | €1,052,440 | +€57,521 | +5.8% |
| Non-recurring operating income | 76A | €176,857 | - | -€176,857 | |
| Goods, raw materials, services and sundry goods | 60/61 | €1,213,859 | €1,075,991 | -€137,868 | -11.4% |
| Remuneration, social security and pensions | 62 | €6,027,491 | €6,220,886 | +€193,395 | +3.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €304,243 | €351,640 | +€47,397 | +15.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | - | -€6,000 | -€6,000 | |
| Other operating charges | 640/8 | €6,153 | €4,062 | -€2,091 | -34.0% |
| Non-recurring operating charges | 66A | €80,019 | €383 | -€79,635 | -99.5% |
| Gross operating margin | 9900 | €6,361,315 | €6,493,253 | +€131,938 | +2.1% |
| Operating profit (loss) | 9901 | -€56,592 | -€77,719 | -€21,128 | -37.3% |
| Financial income | 75/76B | €166 | €146 | -€20 | -11.8% |
| Recurring financial income | 75 | €166 | €146 | -€20 | -11.8% |
| Financial charges | 65/66B | €21,920 | €20,527 | -€1,393 | -6.4% |
| Recurring financial charges | 65 | €21,920 | €20,527 | -€1,393 | -6.4% |
| Profit (loss) for the period before taxes | 9903 | -€78,345 | -€98,100 | -€19,755 | -25.2% |
| Profit (loss) for the period | 9904 | -€78,345 | -€98,100 | -€19,755 | -25.2% |
| Profit (loss) for the period to be appropriated | 9905 | -€78,345 | -€98,100 | -€19,755 | -25.2% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 27 October 2026 via checked.be.