Palliatieve Zorg Westhoek-Oostende
ActivePalliatieve Zorg Westhoek-Oostende has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €384k and a net result of €-7k. Equity is shrinking by ~7.8% per year across the filed fiscal years. Its solvency ranks better than 43% of 2152 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is < 0.1% (very low).
Checked score
Score 2024
87
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability68▲+57
Solvency81▼-10
Growth32=
Track record100
Bankruptcy probability, 12 months
< 0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €30k at 30 days acceptable
Liquidity ample (current ratio 4.0 against 3.53 in 2023; short-term debt: 23.5% and cash: 60.7% of total assets), and 44% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 86
Relative position
BE, all sectors
reference
Sector 86
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
56%
Return on assets
-1%
Age of the figures
21 mo
raises risk · Persistent losses
Two consecutive loss-making years (2023 and 2024); equity is also lower. May indicate structural pressure on profitability.
NBB · annual accounts 2024Net result per financial year
21222324
2021 to 2024 · latest year €-7k
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 07-07-2025, 24 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
24 d early
2023
65 d early
2022
46 d early
2021
12 d early
2017
83 d early
2016
122 d early
← before the deadline
after the deadline →
Financials · fiscal year 2024, abbreviated schema
Equity
€384k▼ 1.7%
2023 · €391k
2021: €473k
2022: €429k
2023: €391k
2021 → 2024
Total assets
€686k▲ 15.2%
2023 · €595k
2021: €635k
2022: €640k
2023: €595k
2021 → 2024
Net result
€-7k▲ 82.2%
2023 · €-38k
2021: €11k
2022: €-44k
2023: €-38k
2021 → 2024
Working capital
€483k▲ 24.0%
2023 · €389k
2021: €514k
2022: €442k
2023: €389k
2021 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2021202220232024Trend
Equity€473k-€429k▼ 9.4%€391k▼ 8.9%€384k▼ 1.7%
Operating result€11k-€-43k€-41k▲ 6.0%€-14k▲ 66.7%
Net result€11k-€-44k€-38k▲ 14.3%€-7k▲ 82.2%
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €14k in 2024 against €41k in 2023; the loss shrinks.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €686k
Fixed assets
€42k▼ 19.4%
Current assets
€644k▲ 18.5%
Equity and liabilities €686k
Equity
€384k▼ 1.7%
Provisions
€50k=
Debt
€252k▲ 62.8%
The debt ratio rises from 26.0% to 36.7%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€4k▲
2023 · €-25k
Cash flow
€11k▲
2023 · €-22k
Solvency
56.0%▼
2023 · 65.6%
Current ratio
4.00▲
2023 · 3.53
Quick ratio
4.00▲
2023 · 3.53
Debt / equity
0.66▲
2023 · 0.40
ROE
-1.8%▲
2023 · -9.7%
ROA
-1.0%▲
2023 · -6.4%
Interest coverage
10.78▲
2023 · -71.34
Debt
€252k▲
2023 · €155k
Debt ≤ 1 year
€161k▲
2023 · €154k
Income taxes
€686▲
2023 · €4
Staff costs
€829k▲
2023 · €812k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€595k€686k▲
Fixed assets21/28€52k€42k▼
Tangible fixed assets22/27€50k€40k▼
Plant, machinery and equipment23€1k-
Furniture and vehicles24€49k€40k▼
Financial fixed assets28€2k€2k▲
Current assets29/58€543k€644k▲
Amounts receivable within one year40/41€111k€113k▲
Trade receivables40€3k€5k▲
Other amounts receivable41€109k€108k▼
Current investments50/53€200k€100k▼
Cash at bank and in hand54/58€214k€416k▲
Deferred charges and accrued income490/1€18k€14k▼
Equity and liabilities
Total equity and liabilities10/49€595k€686k▲
Equity10/15€391k€384k▼
Contributions10/11€152k€152k=
Capital10€152k€152k=
Profit (loss) carried forward14€239k€232k▼
Provisions and deferred taxes16€50k€50k=
Provisions for liabilities and charges160/5€50k€50k=
Other liabilities and charges164/5€50k€50k=
Amounts payable17/49€155k€252k▲
Amounts payable within one year42/48€154k€161k▲
Trade debts44€14k€11k▼
Suppliers440/4€14k€11k▼
Taxes, remuneration and social security45€140k€149k▲
Taxes450/3€22k€23k▲
Remuneration and social security454/9€117k€126k▲
Accrued charges and deferred income492/3€584€91k▲
Income statement
Code20232024
Non-recurring operating income76A€6k€9k▲
Remuneration, social security and pensions62€812k€829k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€16k€17k▲
Other operating charges640/8€3k€2k▼
Non-recurring operating charges66A€8k€11k▲
Gross operating margin9900€798k€845k▲
Operating profit (loss)9901€-41k€-14k▲
Financial income75/76B€3k€8k▲
Recurring financial income75€3k€8k▲
Financial charges65/66B€344€346▲
Recurring financial charges65€344€346▲
Profit (loss) for the period before taxes9903€-38k€-6k▲
Income taxes67/77€4€686▲
Profit (loss) for the period9904€-38k€-7k▲
Profit (loss) for the period to be appropriated9905€-38k€-7k▲
Appropriation of the result
Profit (loss) to be appropriated9906€239k€232k▼
Profit (loss) brought forward from the previous period14P€277k€239k▼
Social balance
Average headcount (FTE)90877.98.3▲
The notes to these accounts (13 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
07-07
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
27-05
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
15-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
31-12
Financial
Weakest financial yearnet €-44k ▼520%
Net result drops to €-44k, the lowest in the series; recovery starts the following year.
19-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2018
09-05
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
31-03
NBB filing
Annual accounts filed
fiscal year 2016 · abbreviated schema
2016
28-03
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
2015
09-04
NBB filing
Annual accounts filed
fiscal year 2014 · abbreviated schema
2014
10-04
NBB filing
Annual accounts filed
fiscal year 2013 · abbreviated schema
2013
04-04
NBB filing
Annual accounts filed
fiscal year 2012 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
no sitting director, no change since 2025
We have established no sitting directors for this company. We derive directors from published Gazette acts; while there are none, or none read, nothing appears here. That does not mean the company has none: the CBE keeps its own list of function holders, which we do not read.
05-06-2025
Frans Verhegge: Resigned as Director
05-06-2025
Gregory Pollet: Resigned as Director
05-06-2025
Johan Snoeck: Resigned as Director
05-06-2025
Kaat Josephy: Resigned as Director
05-06-2025
Nathalie Baekelandt: Resigned as Director
08-06-2023
Katrien De Beule: Resigned as Director
13-08-2018
Linda Vereecke: Resigned as Director
05-10-2017
Debrabandere Daniel: Resigned as Director
05-10-2017
Deriemaeker Stijn: Resigned as Director
05-10-2017
Van Boeckel Kathleen: Resigned as Director
Location & real-estate footprint
Registered office, Diksmuide · 1 establishment unit since 2007
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Stovestraat(D) 28600 DiksmuideGround area
106 m²
Building footprint
106 m²
Volume, LiDAR
741 m³
Parcel 32003A0447/00E000, Flanders · tallest building 11.4 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
Palliatieve Zorgen Westhoek-Oostende vzw
since 20072.159.891.674
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 32003A0447/00E000 | Flanders | 106 m² | 1 · 106 m² | 11.4 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage (source: regional heritage registers, Onroerend Erfgoed / patrimoine.brussels).
Public money · subsidies and aid
Flemish government
2022 to 2025 · 19 entries · 1,294,779 EUR awarded · 1,232,991 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 6 | 656,424 EUR | 700,233 EUR |
| 2024 | 5 | 314,965 EUR | 293,011 EUR |
| 2023 | 4 | 172,132 EUR | 148,063 EUR |
| 2022 | 4 | 151,258 EUR | 91,684 EUR |
Schemes
Financiering multidisciplinair overleg
DWVG - ZORG - Subsidies Palliatieve Samenwerkingsverbanden
DWVG - ZORG - Diverse Projectsubsidies eerste lijn
DWVG - ZORG - Subsidies Palliatieve Netwerken
Vlaams opleidingsverlof (VOV)
Show 1 more
Subsidie aan instellingen in het beleidsdomein Welzijn, Volksgezondheid en Gezin voor de tussenkomst in de energiekost in 2023
Recognitions · licences · registrations
Care and welfare
2 services · 1 livePalliatieve Zorg Westhoek-Oostende
PALLIATIEVE ZORGEN WESTHOEK-OOSTENDE-DIKSMUIDE
Quality registration as a provider
1 live approvalQuality registration as a provider
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Of 5,983 companies in sector 86940 we hold annual accounts for 1,808. 1,091 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formNon-profit association
Founded05-12-1994
Fiscal year end31-12
Abbreviation NL
P.Z.W.
Activities, NACEBEL
85143
86906Human health activities
86940Nursing and midwifery
Sources
Crossroads Bank for EnterprisesNational Bank · 11 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.
Contact details
2 entriesWebsite:www.palliatieve.be
Phone:0493251616