Institut Notre Dame: what changed
What changed
Institut Notre Dame
NACE 85.314, Education
filed annual accounts (NBB)
Net result for the year
-€338,660
2022 · €336,460-€675,120
Equity
€8.2m
2022 · €8.6m-€376,867
Cash
€2.2m
2022 · €4.0m-€1.8m
Balance sheet total
€13.5m
2022 · €13.3m+€119,940
Largest movements
Assets
- Cash -€1.8m
down €1.8m (-46.0%), from €4.0m to €2.2m
mainly Current investments (-€1.7m) and Investment in fixed assets (net) (-€551,046)
- Current investments +€1.7m
new in 2023: €1.7m
- Receivables within one year +€174,633
up €174,633 (+14.5%), from €1.2m to €1.4m
of which Other amounts receivable: +€121,490
- Tangible fixed assets +€136,960
up €136,960 (+1.7%), from €8.0m to €8.2m
of which Land and buildings: +€2.1m
Equity and liabilities
- Equity -€376,867
down €376,867 (-4.4%), from €8.6m to €8.2m
of which Profit (loss) carried forward: -€338,660
- Debts after one year +€354,916
up €354,916 (+10.2%), from €3.5m to €3.8m
Income statement
- Staff costs +€988,184
up €988,184 (+5.7%), from €17.4m to €18.4m
- Services and other goods +€565,719
up €565,719 (+29.6%), from €1.9m to €2.5m
- Goods and materials +€122,767
up €122,767 (+30.6%), from €401,044 to €523,811
- Turnover +€72,181
up €72,181 (+7.3%), from €984,678 to €1.1m
- Depreciation +€56,149
up €56,149 (+15.7%), from €357,937 to €414,086
Change in the result, 2022 to 2023
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 2022
€336,460
Turnover
+€72,181
Other operating income
+€21,629
Goods and materials
-€122,767
Services and other goods
-€565,719
Staff costs
-€988,184
Depreciation
-€56,149
Write-downs
+€12,300
Other operating charges
+€39,779
Other operating items
+€893,866
Financial income
+€24,330
Financial charges
-€5,105
Taxes
-€1,281
Result 2023
-€338,660
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2022 and 2023 balance sheets and the 2023 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€91,834
Investment
-€2.3m
Financing
+€316,709
Cash 2022
€4.0m
From operations (derived)
+€91,834
Net result for the year
-€338,660
Depreciation
+€414,086
Receivables within one year
-€174,633
Deferred charges and accrued income
+€49,150
Debts within one year
+€74,858
Accrued charges and deferred income
+€67,033
Investment (derived)
-€2.3m
Investment in fixed assets (net)
-€551,046
Current investments
-€1.7m
Financing
+€316,709
Debts after one year
+€354,916
Contributions, distributions and other
-€38,207
Cash 2023
€2.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €13,338,153 | €13,458,093 | +€119,940 | +0.9% |
| Fixed assets | 21/28 | €8,046,713 | €8,183,673 | +€136,960 | +1.7% |
| Tangible fixed assets | 22/27 | €8,046,638 | €8,183,598 | +€136,960 | +1.7% |
| Land and buildings | 22 | €5,524,745 | €7,630,957 | +€2.1m | +38.1% |
| Furniture and vehicles | 24 | €148,736 | €148,736 | = | 0.0% |
| Assets under construction and advance payments | 27 | €2,373,157 | €403,905 | -€2.0m | -83.0% |
| Financial fixed assets | 28 | €75 | €75 | = | 0.0% |
| Other financial fixed assets | 284/8 | €75 | €75 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €75 | €75 | = | 0.0% |
| Current assets | 29/58 | €5,291,440 | €5,274,420 | -€17,020 | -0.3% |
| Amounts receivable within one year | 40/41 | €1,201,825 | €1,376,458 | +€174,633 | +14.5% |
| Trade receivables | 40 | €174,296 | €227,439 | +€53,143 | +30.5% |
| Other amounts receivable | 41 | €1,027,529 | €1,149,019 | +€121,490 | +11.8% |
| Current investments | 50/53 | - | €1,699,999 | +€1.7m | |
| Cash at bank and in hand | 54/58 | €4,006,369 | €2,163,867 | -€1.8m | -46.0% |
| Deferred charges and accrued income | 490/1 | €83,246 | €34,096 | -€49,150 | -59.0% |
| Total equity and liabilities | 10/49 | €13,338,153 | €13,458,093 | +€119,940 | +0.9% |
| Equity | 10/15 | €8,599,357 | €8,222,490 | -€376,867 | -4.4% |
| Profit (loss) carried forward | 14 | €4,383,140 | €4,044,480 | -€338,660 | -7.7% |
| Investment grants | 15 | €3,009,488 | €2,971,281 | -€38,207 | -1.3% |
| Amounts payable | 17/49 | €4,738,796 | €5,235,603 | +€496,807 | +10.5% |
| Amounts payable after more than one year | 17 | €3,465,996 | €3,820,912 | +€354,916 | +10.2% |
| Financial debts | 170/4 | €3,465,996 | €3,820,912 | +€354,916 | +10.2% |
| Credit institutions | 173 | €3,465,996 | €3,820,912 | +€354,916 | +10.2% |
| Amounts payable within one year | 42/48 | €1,080,767 | €1,155,625 | +€74,858 | +6.9% |
| Current portion of amounts payable after more than one year | 42 | €133,206 | €220,422 | +€87,216 | +65.5% |
| Financial debts | 43 | €506,543 | €417,318 | -€89,225 | -17.6% |
| Credit institutions | 430/8 | €506,543 | €417,318 | -€89,225 | -17.6% |
| Trade debts | 44 | €147,026 | €218,471 | +€71,445 | +48.6% |
| Suppliers | 440/4 | €147,026 | €218,471 | +€71,445 | +48.6% |
| Advances received on contracts in progress | 46 | €3,089 | - | -€3,089 | |
| Taxes, remuneration and social security | 45 | €138,622 | €152,471 | +€13,849 | +10.0% |
| Taxes | 450/3 | €7,472 | €1,987 | -€5,485 | -73.4% |
| Remuneration and social security | 454/9 | €131,150 | €150,484 | +€19,334 | +14.7% |
| Accrued charges and deferred income | 492/3 | €192,033 | €259,066 | +€67,033 | +34.9% |
| Operating income | 70/76A | €20,651,967 | €21,635,067 | +€983,100 | +4.8% |
| Turnover | 70 | €984,678 | €1,056,859 | +€72,181 | +7.3% |
| Membership fees, donations, legacies and grants | 73 | €19,532,353 | €20,420,928 | +€888,575 | +4.5% |
| Other operating income | 74 | €117,871 | €139,500 | +€21,629 | +18.3% |
| Non-recurring operating income | 76A | €17,065 | €17,780 | +€715 | +4.2% |
| Operating charges | 60/66A | €20,281,648 | €21,957,812 | +€1.7m | +8.3% |
| Goods for resale, raw materials and consumables | 60 | €401,044 | €523,811 | +€122,767 | +30.6% |
| Purchases | 600/8 | €401,044 | €523,811 | +€122,767 | +30.6% |
| Services and other goods | 61 | €1,911,126 | €2,476,845 | +€565,719 | +29.6% |
| Remuneration, social security and pensions | 62 | €17,413,778 | €18,401,962 | +€988,184 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €357,937 | €414,086 | +€56,149 | +15.7% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €29,987 | €17,687 | -€12,300 | -41.0% |
| Other operating charges | 640/8 | €162,283 | €122,504 | -€39,779 | -24.5% |
| Non-recurring operating charges | 66A | €5,493 | €917 | -€4,576 | -83.3% |
| Operating profit (loss) | 9901 | €370,319 | -€322,745 | -€693,064 | |
| Financial income | 75/76B | €3,783 | €28,113 | +€24,330 | +643% |
| Recurring financial income | 75 | €3,783 | €28,113 | +€24,330 | +643% |
| Other financial income | 752/9 | €3,783 | €28,113 | +€24,330 | +643% |
| Financial charges | 65/66B | €37,642 | €42,747 | +€5,105 | +13.6% |
| Recurring financial charges | 65 | €37,642 | €42,747 | +€5,105 | +13.6% |
| Debt charges | 650 | €34,121 | €42,747 | +€8,626 | +25.3% |
| Other financial charges | 652/9 | €3,521 | - | -€3,521 | |
| Profit (loss) for the period before taxes | 9903 | €336,460 | -€337,379 | -€673,839 | |
| Income taxes | 67/77 | - | €1,281 | +€1,281 | |
| Taxes | 670/3 | - | €1,281 | +€1,281 | |
| Profit (loss) for the period | 9904 | €336,460 | -€338,660 | -€675,120 | |
| Profit (loss) for the period to be appropriated | 9905 | €336,460 | -€338,660 | -€675,120 |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Green is a favourable move for that line, red an unfavourable one. Prepared on 7 November 2026 via checked.be.