De Pauw Nursing: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
De Pauw Nursing
Largest movements
- Intangible fixed assets -€30,000
down €30,000 (-19.7%), from €152,541 to €122,541
- Tangible fixed assets +€12,886
up €12,886 (+10.8%), from €119,257 to €132,143
of which Furniture and vehicles: +€18,491
- Deferred charges and accrued income +€6,993
up €6,993 (+16.1%), from €43,499 to €50,492
- Trade debts -€10,611
down €10,611 (-66.4%), from €15,971 to €5,360
- Tax, wage and social debts +€9,954
up €9,954 (+20.1%), from €49,489 to €59,443
of which Remuneration and social security: +€9,426
- Current portion of long-term debt -€9,004
down €9,004 (-12.8%), from €70,074 to €61,070
- Debts after one year -€6,409
down €6,409 (-14.1%), from €45,363 to €38,954
- Reserves +€4,795
up €4,795 (+2.5%), from €194,070 to €198,865
- Staff costs +€33,139
up €33,139 (+14.4%), from €229,699 to €262,838
- Gross operating margin +€11,226
up €11,226 (+3.2%), from €345,477 to €356,703
- Taxes -€4,474
down €4,474 (-30.9%), from €14,459 to €9,985
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €396,817 | €387,585 | -€9,232 | -2.3% |
| Fixed assets | 21/28 | €273,098 | €255,984 | -€17,114 | -6.3% |
| Intangible fixed assets | 21 | €152,541 | €122,541 | -€30,000 | -19.7% |
| Tangible fixed assets | 22/27 | €119,257 | €132,143 | +€12,886 | +10.8% |
| Land and buildings | 22 | €27,467 | €22,959 | -€4,508 | -16.4% |
| Plant, machinery and equipment | 23 | €1,484 | €3,946 | +€2,461 | +166% |
| Furniture and vehicles | 24 | €71,656 | €90,147 | +€18,491 | +25.8% |
| Other tangible fixed assets | 26 | €18,651 | €15,092 | -€3,559 | -19.1% |
| Financial fixed assets | 28 | €1,300 | €1,300 | = | 0.0% |
| Current assets | 29/58 | €123,719 | €131,601 | +€7,882 | +6.4% |
| Amounts receivable after more than one year | 29 | €35,000 | €35,000 | = | 0.0% |
| Other amounts receivable | 291 | €35,000 | €35,000 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €11,829 | €12,272 | +€442 | +3.7% |
| Trade receivables | 40 | €6,200 | €6,200 | = | 0.0% |
| Other amounts receivable | 41 | €5,629 | €6,072 | +€442 | +7.9% |
| Cash at bank and in hand | 54/58 | €33,390 | €33,838 | +€447 | +1.3% |
| Deferred charges and accrued income | 490/1 | €43,499 | €50,492 | +€6,993 | +16.1% |
| Total equity and liabilities | 10/49 | €396,817 | €387,585 | -€9,232 | -2.3% |
| Equity | 10/15 | €212,670 | €217,465 | +€4,795 | +2.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €194,070 | €198,865 | +€4,795 | +2.5% |
| Distributable reserves | 133 | €194,070 | €198,865 | +€4,795 | +2.5% |
| Amounts payable | 17/49 | €184,147 | €170,121 | -€14,027 | -7.6% |
| Amounts payable after more than one year | 17 | €45,363 | €38,954 | -€6,409 | -14.1% |
| Financial debts | 170/4 | €45,363 | €38,954 | -€6,409 | -14.1% |
| Amounts payable within one year | 42/48 | €138,784 | €131,167 | -€7,618 | -5.5% |
| Current portion of amounts payable after more than one year | 42 | €70,074 | €61,070 | -€9,004 | -12.8% |
| Trade debts | 44 | €15,971 | €5,360 | -€10,611 | -66.4% |
| Suppliers | 440/4 | €15,971 | €5,360 | -€10,611 | -66.4% |
| Taxes, remuneration and social security | 45 | €49,489 | €59,443 | +€9,954 | +20.1% |
| Taxes | 450/3 | €6,529 | €7,056 | +€528 | +8.1% |
| Remuneration and social security | 454/9 | €42,960 | €52,387 | +€9,426 | +21.9% |
| Other amounts payable | 47/48 | €3,251 | €5,294 | +€2,043 | +62.8% |
| Remuneration, social security and pensions | 62 | €229,699 | €262,838 | +€33,139 | +14.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €61,901 | €62,850 | +€949 | +1.5% |
| Other operating charges | 640/8 | €2,135 | €2,733 | +€598 | +28.0% |
| Gross operating margin | 9900 | €345,477 | €356,703 | +€11,226 | +3.2% |
| Operating profit (loss) | 9901 | €51,743 | €28,283 | -€23,460 | -45.3% |
| Financial income | 75/76B | €1,027 | €895 | -€131 | -12.8% |
| Recurring financial income | 75 | €1,027 | €895 | -€131 | -12.8% |
| Financial charges | 65/66B | €3,240 | €2,633 | -€607 | -18.7% |
| Recurring financial charges | 65 | €3,240 | €2,633 | -€607 | -18.7% |
| Profit (loss) for the period before taxes | 9903 | €49,530 | €26,545 | -€22,984 | -46.4% |
| Income taxes | 67/77 | €14,459 | €9,985 | -€4,474 | -30.9% |
| Profit (loss) for the period | 9904 | €35,071 | €16,560 | -€18,511 | -52.8% |
| Profit (loss) for the period to be appropriated | 9905 | €35,071 | €16,560 | -€18,511 | -52.8% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 31 October 2026 via checked.be.