Educational institutions; Finances 1998-2018
Explanation of symbols
Table explanation
This table contains information on the finances of government-funded institutions in primary, secondary and tertiary education. Primary education comprises of primary general education, primary special education (SBO) and primary special-needs education (SO). Secondary education constitutes secondary general education, secondary vocational education (MBO) and adult education. Tertiary education encompasses higher professional education (HBO) and university education (WO).
All educational institutions are funded by the Ministry of Education, Culture and Science as of 2018. Educational institutions that provided agricultural education were funded by the Ministry of Economic Affairs until 2018. Educational institutions are legally obligated to annually submit their financial statements before the 1st of July to the Education Executive Agency (DUO) of the Ministry of Education, Culture and Science. The data from the financial statements is subsequently processed by DUO and transmitted to Statistics Netherlands.
Financial information regarding primary educational institutions is available from 2006 onwards, as a result of the introduction of lump sum funding in the same year, which legally obligated these institutions to provide their financial information to the Ministry of Education, Culture and Science. The finances for the educational institutions in the secondary and tertiary education are available since 1998. Financial information related to special-needs educational institutions is available separately and concerns the educational institutions with school boards solely overseeing special-needs education in both primary and secondary education. Please note that the educational institutions of Caribbean Netherlands are included in the table from 2010 onwards, due to the islands of Caribbean Netherlands becoming part of the Netherlands as of October 2010.
Data available from 1998 to 2018.
Status of the figures:
The figures for the period 1998-2017 are definite. The figures for 2018 are provisional.
Because this table is discontinued, figures will not be updated anymore.
Changes as of 11 December 2020:
None, this table is discontinued.
When will new figures be published?
Not applicable anymore.
The financial data from the financial statements of all government-funded educational institutions in the Netherlands is annually published by the Education Executive Agency (DUO) of the Ministry of Education, Culture and Science. Financial data is available per school board and can be found on the website of the Education Executive Agency (DUO), listed under paragraph 3.
Description topics
- Statement of income and expenses
- An overview of the income and costs for a given year. Please note that certain costs, such as the write-off of tangible and intangible fixed assets, are spread out over the corresponding years, using a linear depreciation method. All of the income and costs are expressed as flows.
- Income
- Income of government-funded educational institutions.
- Tuition and exam fees
- Compulsory contributions from students and other participants in order to receive access to education.
- Costs
- Costs of government-funded educational institutions.
- Other costs
- Other costs of government-funded educational institutions.
- Inventory, material and teaching aid ...
- Inventory, material and teaching aid costs.
Costs related to inventory, material and teaching aids, provided they are regarded as current assets. This category also includes the costs related to books.
- Operating result (1)
- Operating income minus operating costs.
- Net financial costs (2)
- Financial income minus financial costs. This concerns income and costs, such as interest and dividends, resulting from debt securities, loans, stocks and other financial instruments.
- Special entries (3)
- Special entries concern taxes, results from equity participation, results of which attributable to third parties, exceptional income and exceptional costs. It is uncommon for educational institutions to have special entries.
- Result (1)+(2)+(3)
- Operating result minus net financial costs and costs related to special entries.
- Balance sheet
- The balance sheet provides an overview of the assets, liabilities and equity, for the government-funded educational institutions, expressed as stocks at the end of a given year.
- Assets
- Assets are economic resources that have some value or usefulness (usually convertible in cash) and are a result of past events. Assets are expected to provide future economic benefits and are a means of carrying forward value from one accounting period to another. For the government-funded educational institutions, assets are distinguished into non-financial fixed assets (intangible and tangible), financial fixed assets and current assets (non-financial and financial).
- Fixed assets
- Fixed assets comprise of non-financial fixed assets (intangible and tangible) and financial fixed assets. Fixed assets are long-term economic resources that are not expected to be consumed or converted into cash within a year.
- Non-financial tangible fixed assets
- Non-financial tangible fixed assets are long-term economic resources that are not expected to be consumed or converted into cash within a year and that are physical in nature. Examples include buildings, land and equipment.
- Buildings and land
- Buildings (including those under construction) and land, over which the government-funded educational institutions have the right of economic ownership. Ownership can be either economic or legal ownership. Economic ownership is obtained when all rights and duties are signed over. Legal ownership is obtained through a transfer deed, which is drawn up by a notary and registered at the Kadaster (Cadastre, Land Registry and Mapping Agency of the Netherlands). It is common for government-funded educational institutions in both primary and secondary education to have economic ownership of the buildings and land that they use, while the municipality retains legal ownership.
- Inventory and equipment
- Goods such as furniture, apparatus and equipment, that have an expected economic life of more than one year. Books are not included.
- Liabilities and equity
- Liabilities are outstanding debts and obligations to creditors, as a result of past transactions or past events. Liabilities are future sacrifices of economic benefits, paid for in the form of transfer or use of assets, provision of services or the yielding of other economic benefits in the future. For the government-funded educational institutions, liabilities are distinguished into provisions, short-term debt and long-term debt. Equity is the difference between total assets and total liabilities.
- Total liabilities and equity
- Total liabilities and equity of government-funded educational institutions.
- Equity
- Equity is the difference between total assets and total liabilities.
- Provisions
- Provisions are amounts set aside for specific future expenses, for which both the amount and the point at which they will arise, can be estimated. The provisions related to these future expenses are spread out over the corresponding years.
- Long-term debt
- Long-term debt is outstanding debt that has an original maturity of longer than one year.
- Short-term debt
- Short-term debt is outstanding debt that has an original maturity of shorter than one year.
- Investments (gross)
- Investments (gross) are the purchase of goods that have an expected economic life of more than one year. The respective goods are included within the category of non-financial tangible fixed assets. Please note that this category relates to gross investments, in other words both the consumption of fixed capital and the disposal of fixed assets are not taken into account.
- Investments (gross), buildings and land
- Investments (gross) in buildings, land and other non-financial tangible fixed assets.
- Investments (gross), inventory and eq...
- Investments (gross), inventory and equipment.
Investments (gross) in inventory and equipment.