Institut Notre-Dame: 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 Notre-Dame
NACE 85.324, Education
financial year 2022 compared with 2021filed annual accounts (NBB)
Net result for the year
-€74,604
2021 · -€107-€74,497
Equity
€1.2m
2021 · €1.3m-€96,777
Cash
€307,958
2021 · €370,989-€63,031
Balance sheet total
€1.8m
2021 · €2.0m-€149,820
Largest movements
Assets
- Tangible fixed assets -€102,520
down €102,520 (-6.8%), from €1.5m to €1.4m
- Cash -€63,031
down €63,031 (-17.0%), from €370,989 to €307,958
mainly Net result for the year (-€74,604) and Investment in fixed assets (net) (-€74,220)
Equity and liabilities
- Equity -€96,777
down €96,777 (-7.6%), from €1.3m to €1.2m
of which Profit (loss) carried forward: -€74,497
- Debts after one year -€58,150
down €58,150 (-9.3%), from €627,410 to €569,260
Income statement
- Purchases and services +€55,321
up €55,321 (+20.9%), from €264,132 to €319,453
- Gross operating margin -€49,900
down €49,900 (-20.1%), from €248,291 to €198,391
- Staff costs +€20,347
up €20,347 (+29.5%), from €69,081 to €89,428
- Depreciation +€4,374
up €4,374 (+2.5%), from €172,366 to €176,740
From the 2021 result to the 2022 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 2021
-€107
Gross operating margin
-€49,900
Staff costs
-€20,347
Depreciation
-€4,374
Other operating charges
-€587
Financial income
-€613
Financial charges
+€1,324
Result 2022
-€74,604
raises the resultlowers the result
Derived cash bridge
Derived from the 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€91,512
Investment
-€74,220
Financing
-€80,323
Cash 2021
€370,989
From operations (derived)
+€91,512
Net result for the year
-€74,604
Depreciation
+€176,740
Stocks and contracts
-€5,416
Receivables within one year
-€14,276
Deferred charges and accrued income
+€3,961
Debts within one year
+€8,711
Accrued charges and deferred income
-€3,604
Investment (derived)
-€74,220
Investment in fixed assets (net)
-€74,220
Financing
-€80,323
Debts after one year
-€58,150
Contributions, distributions and other
-€22,173
Cash 2022
€307,958
brings cash intakes cash out
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,978,027 | €1,828,207 | -€149,820 | -7.6% |
| Formation expenses | 20 | - | €0 | = | |
| Fixed assets | 21/28 | €1,516,722 | €1,414,202 | -€102,520 | -6.8% |
| Intangible fixed assets | 21 | - | €0 | = | |
| Tangible fixed assets | 22/27 | €1,516,722 | €1,414,202 | -€102,520 | -6.8% |
| Land and buildings | 22 | €460,712 | €425,272 | -€35,440 | -7.7% |
| Plant, machinery and equipment | 23 | €444,003 | €409,166 | -€34,837 | -7.8% |
| Furniture and vehicles | 24 | €12,950 | €11,279 | -€1,671 | -12.9% |
| Leasing and similar rights | 25 | - | €0 | = | |
| Other tangible fixed assets | 26 | €599,057 | €568,485 | -€30,572 | -5.1% |
| Assets under construction and advance payments | 27 | - | €0 | = | |
| Financial fixed assets | 28 | - | €0 | = | |
| Current assets | 29/58 | €461,305 | €414,005 | -€47,300 | -10.3% |
| Amounts receivable after more than one year | 29 | - | €0 | = | |
| Trade receivables | 290 | - | €0 | = | |
| Other amounts receivable | 291 | - | €0 | = | |
| Stocks and contracts in progress | 3 | €68,381 | €73,797 | +€5,416 | +7.9% |
| Stocks | 30/36 | €68,381 | €73,797 | +€5,416 | +7.9% |
| Amounts receivable within one year | 40/41 | €11,861 | €26,137 | +€14,276 | +120% |
| Trade receivables | 40 | €11,861 | €26,137 | +€14,276 | +120% |
| Other amounts receivable | 41 | - | €0 | = | |
| Current investments | 50/53 | €5,343 | €5,343 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €370,989 | €307,958 | -€63,031 | -17.0% |
| Deferred charges and accrued income | 490/1 | €4,731 | €770 | -€3,961 | -83.7% |
| Total equity and liabilities | 10/49 | €1,978,027 | €1,828,207 | -€149,820 | -7.6% |
| Equity | 10/15 | €1,268,042 | €1,171,265 | -€96,777 | -7.6% |
| Contributions | 10/11 | - | €749,343 | +€749,343 | |
| Capital | 10 | - | €749,343 | +€749,343 | |
| Profit (loss) carried forward | 14 | -€107 | -€74,604 | -€74,497 | -69,623% |
| Investment grants | 15 | €518,698 | €496,526 | -€22,172 | -4.3% |
| Amounts payable | 17/49 | €709,985 | €656,942 | -€53,043 | -7.5% |
| Amounts payable after more than one year | 17 | €627,410 | €569,260 | -€58,150 | -9.3% |
| Financial debts | 170/4 | €627,410 | €569,260 | -€58,150 | -9.3% |
| Amounts payable within one year | 42/48 | €76,653 | €85,364 | +€8,711 | +11.4% |
| Current portion of amounts payable after more than one year | 42 | €57,875 | €58,151 | +€276 | +0.5% |
| Trade debts | 44 | €10,743 | €17,839 | +€7,096 | +66.1% |
| Suppliers | 440/4 | €10,743 | €17,839 | +€7,096 | +66.1% |
| Taxes, remuneration and social security | 45 | €6,225 | €7,684 | +€1,459 | +23.4% |
| Remuneration and social security | 454/9 | €6,225 | €7,684 | +€1,459 | +23.4% |
| Accrued charges and deferred income | 492/3 | €5,922 | €2,318 | -€3,604 | -60.9% |
| Turnover | 70 | €60,609 | €62,887 | +€2,278 | +3.8% |
| Membership fees, donations, legacies and grants | 73 | €451,814 | €454,959 | +€3,145 | +0.7% |
| Goods, raw materials, services and sundry goods | 60/61 | €264,132 | €319,453 | +€55,321 | +20.9% |
| Remuneration, social security and pensions | 62 | €69,081 | €89,428 | +€20,347 | +29.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,366 | €176,740 | +€4,374 | +2.5% |
| Other operating charges | 640/8 | €2,627 | €3,214 | +€587 | +22.3% |
| Gross operating margin | 9900 | €248,291 | €198,391 | -€49,900 | -20.1% |
| Operating profit (loss) | 9901 | €4,217 | -€70,991 | -€75,208 | |
| Financial income | 75/76B | €1,076 | €463 | -€613 | -57.0% |
| Recurring financial income | 75 | €224 | €463 | +€239 | +107% |
| Non-recurring financial income | 76B | €852 | - | -€852 | |
| Financial charges | 65/66B | €5,400 | €4,076 | -€1,324 | -24.5% |
| Recurring financial charges | 65 | €3,238 | €3,013 | -€225 | -6.9% |
| Non-recurring financial charges | 66B | €2,162 | €1,063 | -€1,099 | -50.8% |
| Profit (loss) for the period before taxes | 9903 | -€107 | -€74,604 | -€74,497 | -69,623% |
| Profit (loss) for the period | 9904 | -€107 | -€74,604 | -€74,497 | -69,623% |
| Profit (loss) for the period to be appropriated | 9905 | -€107 | -€74,604 | -€74,497 | -69,623% |
Source: filed annual accounts (NBB), financial years ended 31 December 2021 and 31 December 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.