Institut Notre Dame à Thuin: what changed
What changed
Institut Notre Dame à Thuin
NACE 85.314, Education
filed annual accounts (NBB)
Net result for the year
-€34,144
2024 · -€40,819+€6,675
Equity
€2.7m
2024 · €2.8m-€49,556
Cash
€482,270
2024 · €406,272+€75,998
Balance sheet total
€3.9m
2024 · €3.6m+€295,953
Largest movements
Assets
- Tangible fixed assets +€181,065
up €181,065 (+7.3%), from €2.5m to €2.7m
of which Other tangible fixed assets: +€211,554
- Deferred charges and accrued income +€110,555
up €110,555 (+38.7%), from €285,780 to €396,335
- Receivables within one year -€81,938
down €81,938 (-55.5%), from €147,586 to €65,648
of which Trade receivables: -€81,938
- Cash +€75,998
up €75,998 (+18.7%), from €406,272 to €482,270
mainly Debts after one year (+€196,917) and Depreciation (+€194,582)
Equity and liabilities
- Debts after one year +€196,917
up €196,917 (+34.1%), from €578,243 to €775,160
- Accrued charges and deferred income +€110,255
up €110,255 (+151%), from €72,997 to €183,252
Income statement
- Gross operating margin +€369,243
up €369,243 (+7.4%), from €5.0m to €5.4m
- Staff costs +€312,008
up €312,008 (+6.4%), from €4.9m to €5.2m
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
-€40,819
Gross operating margin
+€369,243
Staff costs
-€312,008
Depreciation
-€21,768
Write-downs
-€12,650
Other operating charges
+€4,960
Other operating items
-€4,408
Financial income
+€164
Financial charges
-€16,859
Result 2025
-€34,144
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
+€282,114
Investment
-€387,621
Financing
+€181,504
Cash 2024
€406,272
From operations (derived)
+€282,114
Net result for the year
-€34,144
Depreciation
+€194,582
Receivables after one year
+€1,701
Receivables within one year
+€81,938
Deferred charges and accrued income
-€110,555
Debts within one year
+€38,337
Accrued charges and deferred income
+€110,255
Investment (derived)
-€387,621
Investment in fixed assets (net)
-€375,647
Current investments
-€11,974
Financing
+€181,504
Debts after one year
+€196,917
Contributions, distributions and other
-€15,412
Cash 2025
€482,270
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,635,800 | €3,931,753 | +€295,953 | +8.1% |
| Fixed assets | 21/28 | €2,474,906 | €2,655,971 | +€181,065 | +7.3% |
| Tangible fixed assets | 22/27 | €2,474,531 | €2,655,596 | +€181,065 | +7.3% |
| Plant, machinery and equipment | 23 | €322,316 | €305,749 | -€16,568 | -5.1% |
| Furniture and vehicles | 24 | €126,679 | €112,758 | -€13,921 | -11.0% |
| Other tangible fixed assets | 26 | €2,025,535 | €2,237,089 | +€211,554 | +10.4% |
| Financial fixed assets | 28 | €376 | €376 | = | 0.0% |
| Current assets | 29/58 | €1,160,894 | €1,275,781 | +€114,888 | +9.9% |
| Amounts receivable after more than one year | 29 | €19,987 | €18,286 | -€1,701 | -8.5% |
| Other amounts receivable | 291 | €19,987 | €18,286 | -€1,701 | -8.5% |
| Amounts receivable within one year | 40/41 | €147,586 | €65,648 | -€81,938 | -55.5% |
| Trade receivables | 40 | €136,889 | €54,951 | -€81,938 | -59.9% |
| Other amounts receivable | 41 | €10,697 | €10,697 | = | 0.0% |
| Current investments | 50/53 | €301,268 | €313,242 | +€11,974 | +4.0% |
| Cash at bank and in hand | 54/58 | €406,272 | €482,270 | +€75,998 | +18.7% |
| Deferred charges and accrued income | 490/1 | €285,780 | €396,335 | +€110,555 | +38.7% |
| Total equity and liabilities | 10/49 | €3,635,800 | €3,931,753 | +€295,953 | +8.1% |
| Equity | 10/15 | €2,750,958 | €2,701,402 | -€49,556 | -1.8% |
| Contributions | 10/11 | €107,229 | €107,229 | = | 0.0% |
| Capital | 10 | €107,229 | €107,229 | = | 0.0% |
| Reserves | 13 | €547,601 | €547,601 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,918,421 | €1,884,277 | -€34,144 | -1.8% |
| Investment grants | 15 | €177,708 | €162,295 | -€15,412 | -8.7% |
| Provisions and deferred taxes | 16 | €30,505 | €30,505 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €30,505 | €30,505 | = | 0.0% |
| Other liabilities and charges | 164/5 | €30,505 | €30,505 | = | 0.0% |
| Amounts payable | 17/49 | €854,337 | €1,199,846 | +€345,509 | +40.4% |
| Amounts payable after more than one year | 17 | €578,243 | €775,160 | +€196,917 | +34.1% |
| Financial debts | 170/4 | €578,243 | €775,160 | +€196,917 | +34.1% |
| Amounts payable within one year | 42/48 | €203,097 | €241,434 | +€38,337 | +18.9% |
| Current portion of amounts payable after more than one year | 42 | €59,081 | €85,050 | +€25,969 | +44.0% |
| Trade debts | 44 | €107,030 | €113,956 | +€6,926 | +6.5% |
| Suppliers | 440/4 | €107,030 | €113,956 | +€6,926 | +6.5% |
| Taxes, remuneration and social security | 45 | €23,600 | €28,611 | +€5,010 | +21.2% |
| Taxes | 450/3 | €1,587 | €2,530 | +€944 | +59.5% |
| Remuneration and social security | 454/9 | €22,014 | €26,080 | +€4,066 | +18.5% |
| Accrued charges and deferred income | 492/3 | €72,997 | €183,252 | +€110,255 | +151% |
| Non-recurring operating income | 76A | €38,320 | €1,020 | -€37,299 | -97.3% |
| Remuneration, social security and pensions | 62 | €4,872,732 | €5,184,740 | +€312,008 | +6.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €172,814 | €194,582 | +€21,768 | +12.6% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€10,417 | €2,233 | +€12,650 | |
| Other operating charges | 640/8 | €8,720 | €3,761 | -€4,960 | -56.9% |
| Non-recurring operating charges | 66A | €7,129 | €11,538 | +€4,408 | +61.8% |
| Gross operating margin | 9900 | €5,016,119 | €5,385,362 | +€369,243 | +7.4% |
| Operating profit (loss) | 9901 | -€34,860 | -€11,491 | +€23,369 | +67.0% |
| Financial income | 75/76B | €282 | €446 | +€164 | +58.3% |
| Recurring financial income | 75 | €282 | €446 | +€164 | +58.3% |
| Financial charges | 65/66B | €6,241 | €23,100 | +€16,859 | +270% |
| Recurring financial charges | 65 | €6,241 | €23,100 | +€16,859 | +270% |
| Non-recurring financial charges | 66B | €0 | - | -€0 | |
| Profit (loss) for the period before taxes | 9903 | -€40,819 | -€34,144 | +€6,675 | +16.4% |
| Profit (loss) for the period | 9904 | -€40,819 | -€34,144 | +€6,675 | +16.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€40,819 | -€34,144 | +€6,675 | +16.4% |
Next steps
Work out how much credit to give this customer and on what payment terms.Credit check Check what to know before you do business with this company.Supplier due diligence Check whether you can accept this company as a client under the anti-money-laundering law.AML client file Compare this company with its sector.Sector benchmark
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 7 November 2026 via checked.be.