LM 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.
LM Nursing
Largest movements
- Cash +€95,734
up €95,734 (+64.4%), from €148,764 to €244,498
mainly Net result for the year (+€112,977) and Tax, wage and social debts (+€47,973)
- Receivables within one year +€67,606
new in 2025: €67,606
- Tangible fixed assets -€21,674
down €21,674 (-26.6%), from €81,542 to €59,868
of which Leasing and similar rights: -€20,872
- Reserves +€112,977
up €112,977 (+92.2%), from €122,551 to €235,528
- Tax, wage and social debts +€47,973
up €47,973 (+184%), from €26,100 to €74,073
- Debts after one year -€16,068
down €16,068 (-25.4%), from €63,163 to €47,095
- Other debts -€4,095
no longer reported in 2025 (was €4,095)
- Gross operating margin +€67,753
up €67,753 (+57.5%), from €117,760 to €185,513
- Turnover +€56,198
up €56,198 (+31.3%), from €179,424 to €235,622
- Taxes +€21,921
up €21,921 (+82.8%), from €26,481 to €48,402
- Purchases and services -€11,555
down €11,555 (-18.7%), from €61,664 to €50,109
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 | €232,757 | €374,603 | +€141,846 | +60.9% |
| Fixed assets | 21/28 | €81,542 | €59,868 | -€21,674 | -26.6% |
| Tangible fixed assets | 22/27 | €81,542 | €59,868 | -€21,674 | -26.6% |
| Plant, machinery and equipment | 23 | €1,215 | €906 | -€309 | -25.4% |
| Furniture and vehicles | 24 | €840 | €347 | -€493 | -58.7% |
| Leasing and similar rights | 25 | €79,487 | €58,615 | -€20,872 | -26.3% |
| Current assets | 29/58 | €151,215 | €314,735 | +€163,520 | +108% |
| Amounts receivable within one year | 40/41 | - | €67,606 | +€67,606 | |
| Other amounts receivable | 41 | - | €67,606 | +€67,606 | |
| Cash at bank and in hand | 54/58 | €148,764 | €244,498 | +€95,734 | +64.4% |
| Deferred charges and accrued income | 490/1 | €2,451 | €2,631 | +€180 | +7.3% |
| Total equity and liabilities | 10/49 | €232,757 | €374,603 | +€141,846 | +60.9% |
| Equity | 10/15 | €124,051 | €237,028 | +€112,977 | +91.1% |
| Contributions | 10/11 | €1,500 | €1,500 | = | 0.0% |
| Reserves | 13 | €122,551 | €235,528 | +€112,977 | +92.2% |
| Distributable reserves | 133 | €122,551 | €235,528 | +€112,977 | +92.2% |
| Amounts payable | 17/49 | €108,706 | €137,575 | +€28,869 | +26.6% |
| Amounts payable after more than one year | 17 | €63,163 | €47,095 | -€16,068 | -25.4% |
| Financial debts | 170/4 | €63,163 | €47,095 | -€16,068 | -25.4% |
| Amounts payable within one year | 42/48 | €45,543 | €90,480 | +€44,937 | +98.7% |
| Current portion of amounts payable after more than one year | 42 | €15,348 | €16,068 | +€720 | +4.7% |
| Trade debts | 44 | - | €339 | +€339 | |
| Suppliers | 440/4 | - | €339 | +€339 | |
| Taxes, remuneration and social security | 45 | €26,100 | €74,073 | +€47,973 | +184% |
| Taxes | 450/3 | €26,100 | €74,073 | +€47,973 | +184% |
| Other amounts payable | 47/48 | €4,095 | - | -€4,095 | |
| Turnover | 70 | €179,424 | €235,622 | +€56,198 | +31.3% |
| Goods, raw materials, services and sundry goods | 60/61 | €61,664 | €50,109 | -€11,555 | -18.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €21,674 | €21,674 | = | 0.0% |
| Other operating charges | 640/8 | €436 | €500 | +€64 | +14.7% |
| Gross operating margin | 9900 | €117,760 | €185,513 | +€67,753 | +57.5% |
| Operating profit (loss) | 9901 | €95,650 | €163,339 | +€67,689 | +70.8% |
| Financial income | 75/76B | €1,124 | €1,429 | +€305 | +27.1% |
| Recurring financial income | 75 | €1,124 | €1,429 | +€305 | +27.1% |
| Financial charges | 65/66B | €4,041 | €3,389 | -€652 | -16.1% |
| Recurring financial charges | 65 | €4,041 | €3,389 | -€652 | -16.1% |
| Profit (loss) for the period before taxes | 9903 | €92,733 | €161,379 | +€68,646 | +74.0% |
| Income taxes | 67/77 | €26,481 | €48,402 | +€21,921 | +82.8% |
| Profit (loss) for the period | 9904 | €66,252 | €112,977 | +€46,725 | +70.5% |
| Profit (loss) for the period to be appropriated | 9905 | €66,252 | €112,977 | +€46,725 | +70.5% |
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 14 October 2026 via checked.be.