Institut Saint-Charles: what changed
What changed
Institut Saint-Charles
NACE 85.204, Subsidised independent mainstream primary education
filed annual accounts (NBB)
Net result for the year
-€12,512
2020 · €6,559-€19,071
Equity
€1.5m
2020 · €1.5m-€44,541
Cash
€273,293
2020 · €298,253-€24,961
Balance sheet total
€1.9m
2020 · €1.9m+€13,636
Largest movements
Assets
- Current investments +€39,662
up €39,662 (+7.2%), from €551,013 to €590,675
- Cash -€24,961
down €24,961 (-8.4%), from €298,253 to €273,293
mainly Investment in fixed assets (net) (-€94,330) and Current investments (-€39,662)
Equity and liabilities
- Debts within one year +€47,508
up €47,508 (+153%), from €31,126 to €78,634
of which Trade debts: +€39,009
- Equity -€44,541
down €44,541 (-2.9%), from €1.5m to €1.5m
- Accrued charges and deferred income +€32,280
new in 2021: €32,280
- Debts after one year -€21,612
down €21,612 (-7.9%), from €273,391 to €251,779
Income statement
- Staff costs +€162,370
new in 2021: €162,370
- Other operating charges +€27,617
new in 2021: €27,617
- Gross operating margin -€16,750
down €16,750 (-5.4%), from €309,651 to €292,901
- Financial charges +€4,584
new in 2021: €4,584
Change in the result, 2020 to 2021
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 2020
€6,559
Gross operating margin
-€16,750
Staff costs
-€162,370
Depreciation
-€1,947
Other operating charges
-€27,617
Other operating items
+€189,217
Financial charges
-€4,584
Other financial items
+€4,980
Result 2021
-€12,512
lowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2020 and 2021 balance sheets and the 2021 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€162,672
Investment
-€133,992
Financing
-€53,640
Cash 2020
€298,253
From operations (derived)
+€162,672
Net result for the year
-€12,512
Depreciation
+€110,842
Receivables within one year
-€10,647
Deferred charges and accrued income
-€4,800
Debts within one year
+€47,508
Accrued charges and deferred income
+€32,280
Investment (derived)
-€133,992
Investment in fixed assets (net)
-€94,330
Current investments
-€39,662
Financing
-€53,640
Debts after one year
-€21,612
Contributions, distributions and other
-€32,029
Cash 2021
€273,293
brings cash intakes cash out
Every line side by side
| Line | Code | 2020 | 2021 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,852,707 | €1,866,343 | +€13,636 | +0.7% |
| Fixed assets | 21/28 | €979,720 | €963,208 | -€16,512 | -1.7% |
| Tangible fixed assets | 22/27 | €979,720 | €963,208 | -€16,512 | -1.7% |
| Land and buildings | 22 | - | €683,035 | +€683,035 | |
| Plant, machinery and equipment | 23 | - | €3,468 | +€3,468 | |
| Other tangible fixed assets | 26 | - | €224,426 | +€224,426 | |
| Assets under construction and advance payments | 27 | - | €52,280 | +€52,280 | |
| Current assets | 29/58 | €872,987 | €903,135 | +€30,148 | +3.5% |
| Amounts receivable within one year | 40/41 | €23,721 | €34,368 | +€10,647 | +44.9% |
| Trade receivables | 40 | - | €29,202 | +€29,202 | |
| Other amounts receivable | 41 | - | €5,166 | +€5,166 | |
| Current investments | 50/53 | €551,013 | €590,675 | +€39,662 | +7.2% |
| Cash at bank and in hand | 54/58 | €298,253 | €273,293 | -€24,961 | -8.4% |
| Deferred charges and accrued income | 490/1 | - | €4,800 | +€4,800 | |
| Total equity and liabilities | 10/49 | €1,852,707 | €1,866,343 | +€13,636 | +0.7% |
| Equity | 10/15 | €1,548,191 | €1,503,650 | -€44,541 | -2.9% |
| Profit (loss) carried forward | 14 | €1,095,458 | €1,082,946 | -€12,512 | -1.1% |
| Investment grants | 15 | - | €420,705 | +€420,705 | |
| Amounts payable | 17/49 | €304,516 | €362,693 | +€58,177 | +19.1% |
| Amounts payable after more than one year | 17 | €273,391 | €251,779 | -€21,612 | -7.9% |
| Financial debts | 170/4 | - | €251,779 | +€251,779 | |
| Amounts payable within one year | 42/48 | €31,126 | €78,634 | +€47,508 | +153% |
| Current portion of amounts payable after more than one year | 42 | - | €21,308 | +€21,308 | |
| Trade debts | 44 | €1,833 | €40,841 | +€39,009 | +2,128% |
| Suppliers | 440/4 | - | €40,841 | +€40,841 | |
| Taxes, remuneration and social security | 45 | - | €16,484 | +€16,484 | |
| Remuneration and social security | 454/9 | - | €16,484 | +€16,484 | |
| Accrued charges and deferred income | 492/3 | - | €32,280 | +€32,280 | |
| Remuneration, social security and pensions | 62 | - | €162,370 | +€162,370 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €108,895 | €110,842 | +€1,947 | +1.8% |
| Other operating charges | 640/8 | - | €27,617 | +€27,617 | |
| Gross operating margin | 9900 | €309,651 | €292,901 | -€16,750 | -5.4% |
| Operating profit (loss) | 9901 | €11,539 | -€7,928 | -€19,467 | |
| Financial charges | 65/66B | - | €4,584 | +€4,584 | |
| Recurring financial charges | 65 | €4,980 | €4,584 | -€396 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | €6,559 | -€12,512 | -€19,071 | |
| Profit (loss) for the period | 9904 | €6,559 | -€12,512 | -€19,071 | |
| Profit (loss) for the period to be appropriated | 9905 | €6,559 | -€12,512 | -€19,071 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2020 and 31 December 2021. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.