Financial instruments: From-whom-to-whom matrices; National Accounts

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Counterpart sectors (liabilities) Balance sheets and transactions Savings, transferable and other deposits (million euros) Short-term securities (million euros) Long-term securities (million euros) Short-term loans (million euros) Long-term loans (million euros) Home mortgages (million euros) Listed shares (million euros) Investment fund shares or units (million euros)
Total domestic sectors Opening balance sheet 1,392,923 11,775 380,380 546,167 2,262,968 880,851 166,062 776,857
Financial transactions 13,022 -4,449 -5,509 28,651 55,478 48,052 -18,008 -48,471
Other changes -4,697 145 -5,848 -2,491 -7,110 -22 16,250 5,460
Price changes and revaluations -4,697 158 -6,821 -2,411 -7,064 -2 16,259 5,460
Other volume changes 0 -13 973 -80 -46 -20 -9 0
Closing balance sheet 1,401,248 7,471 369,023 572,327 2,311,336 928,881 164,304 733,846
The non-financial corporations sector Opening balance sheet 0 380 10,424 393,829 878,829 0 86,936 0
Financial transactions 0 61 2,720 5,997 9,682 0 -14,255 0
Other changes 0 20 -121 -2,196 -3,586 0 10,420 0
Price changes and revaluations 0 20 -116 -2,196 -3,586 0 10,372 0
Other volume changes 0 0 -5 0 0 0 48 0
Closing balance sheet 0 461 13,023 397,630 884,925 0 83,101 0
Financial corporations Opening balance sheet 1,298,014 1,563 175,132 96,984 316,922 0 79,126 776,857
Financial transactions 576 1,064 -6,556 19,540 -168 0 -3,753 -48,471
Other changes -4,697 14 1,076 -202 -3,476 0 5,830 5,460
Price changes and revaluations -4,697 14 76 -202 -3,476 0 5,887 5,460
Other volume changes 0 0 1,000 0 0 0 -57 0
Closing balance sheet 1,293,893 2,641 169,652 116,322 313,278 0 81,203 733,846
Monetary financial institutions Opening balance sheet 1,298,014 1,202 61,397 0 146,216 0 8,257 797
Financial transactions 576 599 -925 0 -3,400 0 1,243 749
Other changes -4,697 16 72 0 -3,337 0 1,208 107
Price changes and revaluations -4,697 16 88 0 -3,337 0 1,265 107
Other volume changes 0 0 -16 0 0 0 -57 0
Closing balance sheet 1,293,893 1,817 60,544 0 139,479 0 10,708 1,653
Central bank Opening balance sheet 228,378 0 0 0 0 0 0 0
Financial transactions -45,745 0 0 0 0 0 0 0
Other changes 0 0 0 0 0 0 0 0
Price changes and revaluations 0 0 0 0 0 0 0 0
Other volume changes 0 0 0 0 0 0 0 0
Closing balance sheet 182,633 0 0 0 0 0 0 0
Deposit-taking corporations and MMFs Opening balance sheet 1,069,636 1,202 61,397 0 146,216 0 8,257 797
Financial transactions 46,321 599 -925 0 -3,400 0 1,243 749
Other changes -4,697 16 72 0 -3,337 0 1,208 107
Price changes and revaluations -4,697 16 88 0 -3,337 0 1,265 107
Other volume changes 0 0 -16 0 0 0 -57 0
Closing balance sheet 1,111,260 1,817 60,544 0 139,479 0 10,708 1,653
Other financial institutions Opening balance sheet 0 361 113,713 87,959 158,596 0 70,869 776,060
Financial transactions 0 465 -5,631 17,607 3,368 0 -4,996 -49,220
Other changes 0 -2 1,004 -186 -139 0 4,622 5,353
Price changes and revaluations 0 -2 -12 -186 -139 0 4,622 5,353
Other volume changes 0 0 1,016 0 0 0 0 0
Closing balance sheet 0 824 109,086 105,380 161,825 0 70,495 732,193
Non-MMF investment funds Opening balance sheet 0 0 5 4,529 8,245 0 0 776,060
Financial transactions 0 0 -1 681 326 0 0 -49,220
Other changes 0 0 0 -60 0 0 0 5,353
Price changes and revaluations 0 0 0 -60 0 0 0 5,353
Other volume changes 0 0 0 0 0 0 0 0
Closing balance sheet 0 0 4 5,150 8,571 0 0 732,193
Other fin. inst. excl. investment funds Opening balance sheet 0 361 113,708 83,430 150,351 0 70,869 0
Financial transactions 0 465 -5,630 16,926 3,042 0 -4,996 0
Other changes 0 -2 1,004 -126 -139 0 4,622 0
Price changes and revaluations 0 -2 -12 -126 -139 0 4,622 0
Other volume changes 0 0 1,016 0 0 0 0 0
Closing balance sheet 0 824 109,082 100,230 153,254 0 70,495 0
Other fin. intermediaries, auxiliairies Opening balance sheet 0 33 95,785 42,643 90,731 0 8,455 0
Financial transactions 0 7 -5,341 6,269 3,320 0 -1,204 0
Other changes 0 0 1,033 -126 -139 0 3,307 0
Price changes and revaluations 0 0 5 -126 -139 0 3,319 0
Other volume changes 0 0 1,028 0 0 0 -12 0
Closing balance sheet 0 40 91,477 48,786 93,912 0 10,558 0
Other financial intermediaries Opening balance sheet 0 11 92,818 38,655 87,929 0 31 0
Financial transactions 0 7 -5,368 2,984 2,898 0 -1 0
Other changes 0 0 1,015 -124 -124 0 1 0
Price changes and revaluations 0 0 -15 -124 -124 0 1 0
Other volume changes 0 0 1,030 0 0 0 0 0
Closing balance sheet 0 18 88,465 41,515 90,703 0 31 0
Financial auxiliaries Opening balance sheet 0 22 2,967 3,988 2,802 0 8,424 0
Financial transactions 0 0 27 3,285 422 0 -1,203 0
Other changes 0 0 18 -2 -15 0 3,306 0
Price changes and revaluations 0 0 20 -2 -15 0 3,318 0
Other volume changes 0 0 -2 0 0 0 -12 0
Closing balance sheet 0 22 3,012 7,271 3,209 0 10,527 0
Captive institutions and money lenders Opening balance sheet 0 328 17,923 40,787 59,620 0 62,414 0
Financial transactions 0 458 -289 10,657 -278 0 -3,792 0
Other changes 0 -2 -29 0 0 0 1,315 0
Price changes and revaluations 0 -2 -17 0 0 0 1,303 0
Other volume changes 0 0 -12 0 0 0 12 0
Closing balance sheet 0 784 17,605 51,444 59,342 0 59,937 0
Insurance corporations and pension funds Opening balance sheet 0 0 22 9,025 12,110 0 0 0
Financial transactions 0 0 0 1,933 -136 0 0 0
Other changes 0 0 0 -16 0 0 0 0
Price changes and revaluations 0 0 0 -16 0 0 0 0
Other volume changes 0 0 0 0 0 0 0 0
Closing balance sheet 0 0 22 10,942 11,974 0 0 0
Insurance corporations Opening balance sheet 0 0 22 6,474 11,798 0 0 0
Financial transactions 0 0 0 744 -103 0 0 0
Other changes 0 0 0 0 0 0 0 0
Price changes and revaluations 0 0 0 0 0 0 0 0
Other volume changes 0 0 0 0 0 0 0 0
Closing balance sheet 0 0 22 7,218 11,695 0 0 0
Pension funds Opening balance sheet 0 0 0 2,551 312 0 0 0
Financial transactions 0 0 0 1,189 -33 0 0 0
Other changes 0 0 0 -16 0 0 0 0
Price changes and revaluations 0 0 0 -16 0 0 0 0
Other volume changes 0 0 0 0 0 0 0 0
Closing balance sheet 0 0 0 3,724 279 0 0 0
General government Opening balance sheet 94,909 9,832 194,814 6,116 73,179 0 0 0
Financial transactions 12,446 -5,574 -1,673 303 1,588 0 0 0
Other changes 0 111 -6,803 0 0 0 0 0
Price changes and revaluations 0 124 -6,781 0 0 0 0 0
Source: CBS.
Explanation of symbols

Table explanation


This table presents the from-whom-to-whom matrices of several important financial instruments. The matrices provide information on the debtor/creditor relationships between sectors. The matrices provide a three dimensional overview on financial transactions, price changes and revaluations, other volume changes and balance sheets and the sectors and financial instruments involved. The sector on the assets side is the creditor, the sector on the liabilities side the debtor. The sectors non-financial corporations, financial corporations, general government, households including non-profit institutions serving households (NPISH) and the rest of the world are shown in this table. The sectors financial corporations and general government are broken down into subsectors.

Data available from:
Annual figures from 1999.
Quarterly figures from first quarter 1999.

Status of the figures:
The annual figures from 1999 up to and including 2023 are final. Quarterly data from 2023 and further are provisional.

Changes as of March 26th, 2026:
Data on the fourth quarter of 2025 and annual data on 2025 are available. The figures for 2024 and the first three quarters of 2025 have been revised. Figures for 2024 have been revised as a result of updated information about government finance statistics.

When will new figures be published?
Annual figures:
The first annual data are published 85 day after the end of the reporting year as the sum of the four quarters of the year. Subsequently provisional data are published 6 months after the end of the reporting year. Final data are released 18 months after the end of the reporting year. Furthermore the sector accounts are annually revised for all reporting periods. These data are published each year in June.
Quarterly figures: The first quarterly estimate is available 85 days after the end of each reporting quarter. The first quarter may be revised in September, the second quarter in December. Should further quarterly information become available thereafter, the estimates for the first three quarters may be revised in March. If (new) annual figures become available in June, the quarterly figures will be revised again to bring them in line with the annual figures.

Description topics

Savings, transferable and other deposits
Transferable deposits are deposits exchangeable for currency on demand, at par, and which are directly usable for making payments by cheque, draft, giro order, direct debit/credit, or other direct payment facilities, without penalty or restriction.
Savings deposits and other deposits are all the savings of individuals and deposits (in euros and foreign currency) at any resident and non-resident bank, which are not immediately transferable without restrictions.
Short-term securities
All securities with a maximum term of one year, which in principle are transferable against a price that has been fixed in advance. Usually, the obliged interest payments of the debtor have been discounted in the value. 'Transferable' means that assets can be converted into cash from, or on a date that has been appointed at the moment the bond was issued.
This transaction covers treasury paper issued by both the Dutch government and foreign governments, saving certificates to bearer and transferable certificates of deposits, issued by banks.
Long-term securities
All transferable securities, which generally do not mature within one year. They are usually quoted at the stock exchange. The interest on long-term bonds is made payable through coupons. Mortgage bonds, notes issued by banks and convertible bonds as long as they have not been converted into shares, also belong to this type of assets.
Short-term loans
Short-term loans are all credits, which do not have the characteristics of deposits and which mature by contract within one year. Included are short-term loans from financial institutions, balances on current accounts (except transferable deposits), short-term consumer credit, bills (of exchange) and promissory notes.
Long-term loans
Long-term loans are all credits, which do not have the characteristics of deposits and which do not mature within one year. They mainly concern long-term loans on obligations, mortgage loans and long-term consumer credit.
Home mortgages
Home mortgages are long-term loans with as collateral the property itself which is occupied by the private person.
Listed shares
Listed shares are equity securities listed on an exchange. Such an exchange may be a recognised stock exchange or any other form of secondary market. Listed shares are also referred to as quoted shares. The existence of quoted prices of shares listed on an exchange means that current market prices are usually readily available.
Investment fund shares or units
Investment fund shares are shares of an investment fund if the fund has a corporate structure. They are known as units if the fund is a trust. Investment funds are collective investment undertakings through which investors pool funds for investment in financial and/or non-financial assets.