In 2015, MBO made a generous plus of 182 million
All MBO schools together achieved an operating result of 182 million euros last year, almost four percent of the income. One third of the 61 MBO institutions even retained more than five percent of the benefits. As a result, reserves have increased, the debt burden has decreased. This is evident from figures published by DUO.
MBO equity grew from EUR 2,2 billion to EUR 2,4 billion, or 53 percent of the balance sheet total. At the end of 2014 this was XNUMX percent.
Long-term debts in MBO decreased by 138 million euros to a total of 985 million euros. For the first time in eight years, they've dropped below a billion. At the time, the long-term debt burden, mainly due to various real estate projects, grew to a quarter of the balance sheet total. The debt burden is now about one fifth.
Higher education was left with 156 million euros. The profit was mainly in scientific education. The thirteen major universities together came to a surplus of 133 million euros, about two percent of the income. HBO recorded a small plus of 23 million euros, or 0,6 percent of the income. In 2014 higher vocational education still had a book profit of 159 million euros.
DUO has not yet published any new annual figures for primary and secondary education. There are significant differences between institutions within each sector.
Mbo
In MBO, 56 of the 61 institutions achieved a plus. Within MBO, the ROCs had an average of four percent of their income, the AOCs two percent and the vocational schools more than seven percent.
With just under 16 million euros, the largest absolute book profit is for the Roc van Amsterdam. Roc van Midden Nederland had more than ten million left under the line. Deltion College and Gilde Opleidingen both exceed nine million.
The biggest plus compared to the income is for the Grafisch Lyceum Rotterdam: more than 17 percent of the income. The institution posts surpluses continuously year after year. In the past five years, shareholders' equity has grown by 16 million to 64 million euros. Measured by equity capital, it is by far the most wealthy institution in MBO.
Five MBO schools were in the red in 2015. Relatively the largest shortages were at the Frisian Nordwin College (1,1 million euros, more than 3 percent of income) and Roc Leiden (1,2 million euros, 1,7 percent) .
HBO
23 of the 36 universities of applied sciences had money left over, a third of the universities of applied sciences wrote red numbers.
Avans leads the list in absolute euros, with a surplus of 18 million euros, seven percent of revenues. The Brabant HBO school continues to fill its reserves and has left 109 million euros in total over the past six years. Shareholders' equity grew from € 109 million in 2010 to € 200 million at the end of 2015. Inholland University of Applied Sciences has a result of € 16 million, which is also seven percent of income.
Of the twelve universities of applied sciences that suffer a loss, Rotterdam University of Applied Sciences (HR) recorded the largest absolute loss: 13 million euros, four and a half percent of the income. The HR had already estimated a shortage, only less. In the annual report, the institution states that it has deliberately drawn from the reserves. Hanze University of Applied Sciences Groningen has a deficit of 8 million euros, more than three percent of the income.
Wo
Ten of the thirteen larger universities had money left under the line in 2015, rising to 6,1 percent of the income at Leiden University (25 million euros). Just like in previous years, the biggest absolute plus is in the name of Utrecht University: just under 45 million euros, or five percent of the income. Over the past three years, the institution has been able to collect no less than 132 million euros. 'The result for 2015 is not indicative of future financial development', says UU in its annual report. 'The organization appears to be giving a destination to the available structural financial space with a delay.'
Of the three larger institutions that wrote red numbers, the University of Amsterdam and the VU University had the largest shortages. The UvA ended up with a loss of 8 million, one percent of the income. The VU had a deficit of more than seven million, one and a half percent of the benefits.
More financial information can be found at DUO: Data books in pdf en Data files in Excel.
