PHYSIONURSE: 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.
PHYSIONURSE
Largest movements
- Cash +€5,086
up €5,086 (+9.7%), from €52,309 to €57,395
mainly Net result for the year (+€11,940) and Trade debts (+€3,795)
- Tangible fixed assets +€1,101
new in 2025: €1,101
- Profit (loss) carried forward +€11,940
up €11,940 (+47.8%), from €24,986 to €36,926
- Other debts -€5,260
down €5,260 (-36.9%), from €14,259 to €8,999
- Tax, wage and social debts -€4,088
down €4,088 (-41.5%), from €9,858 to €5,770
- Trade debts +€3,795
up €3,795 (+63,246%), from €6 to €3,801
- Gross operating margin -€5,869
down €5,869 (-26.3%), from €22,280 to €16,411
- Financial charges -€2,194
down €2,194 (-79.1%), from €2,773 to €579
- Depreciation -€1,225
down €1,225 (-79.9%), from €1,532 to €307
- Taxes -€493
down €493 (-12.1%), from €4,078 to €3,585
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 | €52,309 | €58,496 | +€6,187 | +11.8% |
| Formation expenses | 20 | €0 | - | = | |
| Fixed assets | 21/28 | - | €1,101 | +€1,101 | |
| Tangible fixed assets | 22/27 | - | €1,101 | +€1,101 | |
| Furniture and vehicles | 24 | - | €1,101 | +€1,101 | |
| Current assets | 29/58 | €52,309 | €57,395 | +€5,086 | +9.7% |
| Cash at bank and in hand | 54/58 | €52,309 | €57,395 | +€5,086 | +9.7% |
| Total equity and liabilities | 10/49 | €52,309 | €58,496 | +€6,187 | +11.8% |
| Equity | 10/15 | €27,986 | €39,926 | +€11,940 | +42.7% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €24,986 | €36,926 | +€11,940 | +47.8% |
| Amounts payable | 17/49 | €24,323 | €18,570 | -€5,753 | -23.7% |
| Amounts payable within one year | 42/48 | €24,123 | €18,570 | -€5,553 | -23.0% |
| Trade debts | 44 | €6 | €3,801 | +€3,795 | +63,246% |
| Suppliers | 440/4 | €6 | €3,801 | +€3,795 | +63,246% |
| Taxes, remuneration and social security | 45 | €9,858 | €5,770 | -€4,088 | -41.5% |
| Taxes | 450/3 | €9,858 | €5,770 | -€4,088 | -41.5% |
| Other amounts payable | 47/48 | €14,259 | €8,999 | -€5,260 | -36.9% |
| Accrued charges and deferred income | 492/3 | €200 | €0 | -€200 | -100% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,532 | €307 | -€1,225 | -79.9% |
| Other operating charges | 640/8 | €109 | €0 | -€109 | -100% |
| Gross operating margin | 9900 | €22,280 | €16,411 | -€5,869 | -26.3% |
| Operating profit (loss) | 9901 | €20,639 | €16,104 | -€4,535 | -22.0% |
| Financial income | 75/76B | - | €0 | = | |
| Recurring financial income | 75 | - | €0 | = | |
| Financial charges | 65/66B | €2,773 | €579 | -€2,194 | -79.1% |
| Recurring financial charges | 65 | €2,773 | €579 | -€2,194 | -79.1% |
| Profit (loss) for the period before taxes | 9903 | €17,866 | €15,525 | -€2,341 | -13.1% |
| Income taxes | 67/77 | €4,078 | €3,585 | -€493 | -12.1% |
| Profit (loss) for the period | 9904 | €13,788 | €11,940 | -€1,848 | -13.4% |
| Profit (loss) for the period to be appropriated | 9905 | €13,788 | €11,940 | -€1,848 | -13.4% |
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 14 October 2026 via checked.be.