NURSING WAY: 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.
NURSING WAY
Largest movements
- Cash -€43,204
down €43,204 (-42.3%), from €102,198 to €58,994
mainly Debts after one year (-€76,121) and Advances received (-€46,000)
- Receivables within one year +€41,327
up €41,327 (+26.4%), from €156,398 to €197,725
of which Other amounts receivable: +€99,902
- Tangible fixed assets -€39,977
down €39,977 (-10.9%), from €365,455 to €325,477
of which Furniture and vehicles: -€56,021
- Deferred charges and accrued income -€28,397
down €28,397 (-51.9%), from €54,701 to €26,305
- Current investments -€20,690
no longer reported in 2025 (was €20,690)
- Reserves +€300,000
up €300,000 (+354%), from €84,860 to €384,860
of which Distributable reserves: +€300,000
- Profit (loss) carried forward -€257,887
down €257,887 (-75.2%), from €343,073 to €85,185
- Debts after one year -€76,121
down €76,121 (-54.4%), from €139,877 to €63,756
- Advances received -€46,000
no longer reported in 2025 (was €46,000)
- Tax, wage and social debts -€30,632
down €30,632 (-16.2%), from €188,947 to €158,316
of which Taxes: -€74,140
- Staff costs +€163,241
up €163,241 (+67.1%), from €243,262 to €406,503
- Gross operating margin +€86,231
up €86,231 (+18.4%), from €469,489 to €555,720
- Taxes -€32,219
down €32,219 (-46.0%), from €70,045 to €37,826
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 | €896,042 | €805,102 | -€90,940 | -10.1% |
| Fixed assets | 21/28 | €365,930 | €325,952 | -€39,977 | -10.9% |
| Tangible fixed assets | 22/27 | €365,455 | €325,477 | -€39,977 | -10.9% |
| Land and buildings | 22 | €117,000 | €114,000 | -€3,000 | -2.6% |
| Plant, machinery and equipment | 23 | €98,363 | €122,456 | +€24,092 | +24.5% |
| Furniture and vehicles | 24 | €121,412 | €65,391 | -€56,021 | -46.1% |
| Other tangible fixed assets | 26 | €28,679 | €23,631 | -€5,048 | -17.6% |
| Financial fixed assets | 28 | €475 | €475 | = | 0.0% |
| Current assets | 29/58 | €530,113 | €479,150 | -€50,963 | -9.6% |
| Amounts receivable after more than one year | 29 | €196,126 | €196,126 | = | 0.0% |
| Other amounts receivable | 291 | €196,126 | €196,126 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €156,398 | €197,725 | +€41,327 | +26.4% |
| Trade receivables | 40 | €156,275 | €97,701 | -€58,575 | -37.5% |
| Other amounts receivable | 41 | €123 | €100,025 | +€99,902 | +81,181% |
| Current investments | 50/53 | €20,690 | - | -€20,690 | |
| Cash at bank and in hand | 54/58 | €102,198 | €58,994 | -€43,204 | -42.3% |
| Deferred charges and accrued income | 490/1 | €54,701 | €26,305 | -€28,397 | -51.9% |
| Total equity and liabilities | 10/49 | €896,042 | €805,102 | -€90,940 | -10.1% |
| Equity | 10/15 | €446,533 | €488,645 | +€42,113 | +9.4% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €84,860 | €384,860 | +€300,000 | +354% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Other | 1319 | €1,860 | - | -€1,860 | |
| Distributable reserves | 133 | €83,000 | €383,000 | +€300,000 | +361% |
| Profit (loss) carried forward | 14 | €343,073 | €85,185 | -€257,887 | -75.2% |
| Amounts payable | 17/49 | €449,510 | €316,457 | -€133,053 | -29.6% |
| Amounts payable after more than one year | 17 | €139,877 | €63,756 | -€76,121 | -54.4% |
| Financial debts | 170/4 | €139,877 | €63,756 | -€76,121 | -54.4% |
| Amounts payable within one year | 42/48 | €309,633 | €252,701 | -€56,931 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €69,449 | €68,128 | -€1,322 | -1.9% |
| Financial debts | 43 | €10 | €10 | = | 0.0% |
| Credit institutions | 430/8 | €10 | €10 | = | 0.0% |
| Trade debts | 44 | €5,226 | €26,248 | +€21,022 | +402% |
| Suppliers | 440/4 | €5,226 | €26,248 | +€21,022 | +402% |
| Advances received on contracts in progress | 46 | €46,000 | - | -€46,000 | |
| Taxes, remuneration and social security | 45 | €188,947 | €158,316 | -€30,632 | -16.2% |
| Taxes | 450/3 | €130,560 | €56,420 | -€74,140 | -56.8% |
| Remuneration and social security | 454/9 | €58,388 | €101,896 | +€43,508 | +74.5% |
| Remuneration, social security and pensions | 62 | €243,262 | €406,503 | +€163,241 | +67.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €58,826 | €55,544 | -€3,282 | -5.6% |
| Other operating charges | 640/8 | €8,088 | €9,904 | +€1,816 | +22.4% |
| Gross operating margin | 9900 | €469,489 | €555,720 | +€86,231 | +18.4% |
| Operating profit (loss) | 9901 | €159,313 | €83,769 | -€75,544 | -47.4% |
| Financial income | 75/76B | €200 | €3,499 | +€3,299 | +1,647% |
| Recurring financial income | 75 | €200 | €3,499 | +€3,299 | +1,647% |
| Financial charges | 65/66B | €6,165 | €7,330 | +€1,165 | +18.9% |
| Recurring financial charges | 65 | €6,165 | €7,330 | +€1,165 | +18.9% |
| Profit (loss) for the period before taxes | 9903 | €153,348 | €79,938 | -€73,410 | -47.9% |
| Income taxes | 67/77 | €70,045 | €37,826 | -€32,219 | -46.0% |
| Profit (loss) for the period | 9904 | €83,303 | €42,113 | -€41,191 | -49.4% |
| Profit (loss) for the period to be appropriated | 9905 | €83,303 | €42,113 | -€41,191 | -49.4% |
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.