Educational institutions; Finances 1998-2018
| Education sectors | Periods | Balance sheet Assets Current assets Short-term securities (million euros) | Balance sheet Liabilities and equity Short-term debt (million euros) |
|---|---|---|---|
| Total government-funded education | 2018* | 94.0 | 7,349.7 |
| Primary government-funded education | 2018* | 31.2 | 1,322.8 |
| Secondary government-funded education | 2018* | 28.5 | 2,296.2 |
| Secondary general education | 2018* | 18.2 | 1,360.5 |
| Senior sec. voc. and adult educ. | 2018* | 10.3 | 935.7 |
| Tertiary government-funded education | 2018* | 34.3 | 3,730.7 |
| Higher professional education | 2018* | 0.2 | 1,080.9 |
| University education | 2018* | 34.1 | 2,649.8 |
| Special needs education | 2018* | 8.8 | 247.5 |
| Source: CBS. | |||
Dataset is not available.
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
- 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).
- Current assets
- Current assets are short-term economic resources, comprising of cash and other assets, that are expected to be converted into cash within a year. Examples include inventory, short-term securities, receivables and liquid assets.
- Short-term securities
- Securities with an original maturity of one year or less. Please note that long-term securities are included within the category for financial fixed assets.
- 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.
- Short-term debt
- Short-term debt is outstanding debt that has an original maturity of shorter than one year.