EURONURSING: 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.
What changed
EURONURSING
financial year 2023 compared with 2022filed annual accounts (NBB)
Net result for the year
€24,422
2022 · €103,642-€79,220
Equity
€582,125
2022 · €557,703+€24,422
Cash
€446
2022 · €994-€548
Balance sheet total
€962,180
2022 · €967,200-€5,021
Largest movements
Assets
No asset line moved by more than 1% of the balance sheet total.
Equity and liabilities
- Debts after one year -€44,064
down €44,064 (-46.6%), from €94,464 to €50,400
- Profit (loss) carried forward +€24,422
up €24,422 (+5.4%), from €455,795 to €480,217
- Current portion of long-term debt +€17,485
new in 2023: €17,485
- Tax, wage and social debts +€13,190
new in 2023: €13,190
Income statement
- Gross operating margin -€69,873
down €69,873 (-55.1%), from €126,771 to €56,898
- Financial charges +€11,596
up €11,596 (+3,064%), from €379 to €11,975
- Depreciation -€3,123
down €3,123 (-19.5%), from €16,009 to €12,885
- Other operating charges +€2,676
up €2,676 (+212%), from €1,263 to €3,939
- Taxes -€1,810
down €1,810 (-12.1%), from €15,000 to €13,190
From the 2022 result to the 2023 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.
Result 2022
€103,642
Gross operating margin
-€69,873
Staff costs
+€1
Depreciation
+€3,123
Other operating charges
-€2,676
Financial income
-€9
Financial charges
-€11,596
Taxes
+€1,810
Result 2023
€24,422
raises the resultlowers the result
Derived cash bridge
Derived from the 2022 and 2023 balance sheets and the 2023 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
+€39,316
Investment
-€8,799
Financing
-€31,065
Cash 2022
€994
From operations (derived)
+€39,316
Net result for the year
+€24,422
Depreciation
+€12,885
Receivables after one year
+€386
Trade debts
-€6,368
Tax, wage and social debts
+€13,190
Advances received
-€5,200
Investment (derived)
-€8,799
Investment in fixed assets (net)
-€8,799
Financing
-€31,065
Debts after one year
-€44,064
Current portion of long-term debt
+€17,485
Short-term financial debts
-€4,486
Cash 2023
€446
brings cash intakes cash out
Every line side by side
| Line | Code | 2022 | 2023 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €967,200 | €962,180 | -€5,021 | -0.5% |
| Fixed assets | 21/28 | €241,104 | €237,018 | -€4,086 | -1.7% |
| Tangible fixed assets | 22/27 | €238,329 | €234,743 | -€3,586 | -1.5% |
| Land and buildings | 22 | €234,000 | €228,000 | -€6,000 | -2.6% |
| Plant, machinery and equipment | 23 | €0 | €6,743 | +€6,743 | |
| Furniture and vehicles | 24 | €3,829 | - | -€3,829 | |
| Other tangible fixed assets | 26 | €500 | - | -€500 | |
| Financial fixed assets | 28 | €2,775 | €2,275 | -€500 | -18.0% |
| Current assets | 29/58 | €726,096 | €725,161 | -€935 | -0.1% |
| Amounts receivable after more than one year | 29 | €406,283 | €405,897 | -€386 | -0.1% |
| Other amounts receivable | 291 | €406,283 | €405,897 | -€386 | -0.1% |
| Amounts receivable within one year | 40/41 | €318,818 | €318,818 | = | 0.0% |
| Trade receivables | 40 | €19,873 | €19,873 | = | 0.0% |
| Other amounts receivable | 41 | €298,945 | €298,945 | = | 0.0% |
| Cash at bank and in hand | 54/58 | €994 | €446 | -€548 | -55.2% |
| Total equity and liabilities | 10/49 | €967,200 | €962,180 | -€5,021 | -0.5% |
| Equity | 10/15 | €557,703 | €582,125 | +€24,422 | +4.4% |
| Contributions | 10/11 | €18,000 | €18,000 | = | 0.0% |
| Capital | 10 | €18,000 | €18,000 | = | 0.0% |
| Issued capital | 100 | €18,000 | €18,000 | = | 0.0% |
| Reserves | 13 | €83,909 | €83,909 | = | 0.0% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Legal reserve | 130 | €1,860 | €1,860 | = | 0.0% |
| Tax-exempt reserves | 132 | €44,750 | €44,750 | = | 0.0% |
| Distributable reserves | 133 | €37,299 | €37,299 | = | 0.0% |
| Profit (loss) carried forward | 14 | €455,795 | €480,217 | +€24,422 | +5.4% |
| Provisions and deferred taxes | 16 | €298,912 | €298,912 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €298,912 | €298,912 | = | 0.0% |
| Taxes | 161 | €298,912 | €298,912 | = | 0.0% |
| Amounts payable | 17/49 | €110,585 | €81,142 | -€29,443 | -26.6% |
| Amounts payable after more than one year | 17 | €94,464 | €50,400 | -€44,064 | -46.6% |
| Financial debts | 170/4 | €94,464 | €50,400 | -€44,064 | -46.6% |
| Amounts payable within one year | 42/48 | €16,121 | €30,742 | +€14,621 | +90.7% |
| Current portion of amounts payable after more than one year | 42 | - | €17,485 | +€17,485 | |
| Financial debts | 43 | €4,486 | - | -€4,486 | |
| Credit institutions | 430/8 | €4,486 | - | -€4,486 | |
| Trade debts | 44 | €6,435 | €67 | -€6,368 | -99.0% |
| Suppliers | 440/4 | €6,435 | €67 | -€6,368 | -99.0% |
| Advances received on contracts in progress | 46 | €5,200 | - | -€5,200 | |
| Taxes, remuneration and social security | 45 | - | €13,190 | +€13,190 | |
| Taxes | 450/3 | - | €13,190 | +€13,190 | |
| Remuneration, social security and pensions | 62 | €1 | - | -€1 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,009 | €12,885 | -€3,123 | -19.5% |
| Other operating charges | 640/8 | €1,263 | €3,939 | +€2,676 | +212% |
| Gross operating margin | 9900 | €126,771 | €56,898 | -€69,873 | -55.1% |
| Operating profit (loss) | 9901 | €109,498 | €40,074 | -€69,425 | -63.4% |
| Financial income | 75/76B | €9,522 | €9,513 | -€9 | -0.1% |
| Recurring financial income | 75 | €9,522 | €9,513 | -€9 | -0.1% |
| Financial charges | 65/66B | €379 | €11,975 | +€11,596 | +3,064% |
| Recurring financial charges | 65 | €379 | €11,975 | +€11,596 | +3,064% |
| Profit (loss) for the period before taxes | 9903 | €118,642 | €37,612 | -€81,030 | -68.3% |
| Income taxes | 67/77 | €15,000 | €13,190 | -€1,810 | -12.1% |
| Profit (loss) for the period | 9904 | €103,642 | €24,422 | -€79,220 | -76.4% |
| Profit (loss) for the period to be appropriated | 9905 | €103,642 | €24,422 | -€79,220 | -76.4% |
Source: filed annual accounts (NBB), financial years ended 31 December 2022 and 31 December 2023. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 21 October 2026 via checked.be.