PEDIATRIE STPM: what changed
PEDIATRIE STPM
Largest movements
- Receivables within one year -€65,899
down €65,899 (-46.5%), from €141,604 to €75,705
- Receivables after one year -€60,000
down €60,000 (-30.8%), from €195,000 to €135,000
- Cash -€9,745
down €9,745 (-22.3%), from €43,622 to €33,877
mainly Contributions, distributions and other (-€214,860) and Other debts (-€47,150)
- Tangible fixed assets +€6,216
up €6,216 (+22.5%), from €27,600 to €33,815
of which Furniture and vehicles: +€7,215
- Deferred charges and accrued income +€4,615
up €4,615 (+48.0%), from €9,622 to €14,237
- Reserves -€72,748
no longer reported in 2025 (was €72,748)
- Other debts -€47,150
down €47,150 (-28.9%), from €162,901 to €115,750
- Tax, wage and social debts -€13,294
down €13,294 (-23.3%), from €57,060 to €43,766
of which Taxes: -€16,594
- Current portion of long-term debt +€9,763
up €9,763 (+54.5%), from €17,925 to €27,688
- Gross operating margin -€7,189
down €7,189 (-3.7%), from €193,570 to €186,381
- Other operating charges -€3,322
down €3,322 (-84.5%), from €3,933 to €611
- Taxes -€2,699
down €2,699 (-5.8%), from €46,728 to €44,028
- Financial income +€2,651
up €2,651 (+23.6%), from €11,239 to €13,889
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €417,447 | €292,635 | -€124,813 | -29.9% |
| Fixed assets | 21/28 | €27,600 | €33,815 | +€6,216 | +22.5% |
| Tangible fixed assets | 22/27 | €27,600 | €33,815 | +€6,216 | +22.5% |
| Plant, machinery and equipment | 23 | €3,185 | €2,834 | -€351 | -11.0% |
| Furniture and vehicles | 24 | €23,532 | €30,747 | +€7,215 | +30.7% |
| Other tangible fixed assets | 26 | €883 | €234 | -€649 | -73.5% |
| Current assets | 29/58 | €389,848 | €258,820 | -€131,028 | -33.6% |
| Amounts receivable after more than one year | 29 | €195,000 | €135,000 | -€60,000 | -30.8% |
| Other amounts receivable | 291 | €195,000 | €135,000 | -€60,000 | -30.8% |
| Amounts receivable within one year | 40/41 | €141,604 | €75,705 | -€65,899 | -46.5% |
| Other amounts receivable | 41 | €141,604 | €75,705 | -€65,899 | -46.5% |
| Cash at bank and in hand | 54/58 | €43,622 | €33,877 | -€9,745 | -22.3% |
| Deferred charges and accrued income | 490/1 | €9,622 | €14,237 | +€4,615 | +48.0% |
| Total equity and liabilities | 10/49 | €417,447 | €292,635 | -€124,813 | -29.9% |
| Equity | 10/15 | €151,348 | €78,600 | -€72,748 | -48.1% |
| Contributions | 10/11 | €78,600 | €78,600 | = | 0.0% |
| Reserves | 13 | €72,748 | - | -€72,748 | |
| Distributable reserves | 133 | €72,748 | - | -€72,748 | |
| Provisions and deferred taxes | 16 | €10,000 | €10,000 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €10,000 | €10,000 | = | 0.0% |
| Pensions and similar obligations | 160 | €10,000 | €10,000 | = | 0.0% |
| Amounts payable | 17/49 | €256,099 | €204,035 | -€52,064 | -20.3% |
| Amounts payable after more than one year | 17 | €14,875 | €11,444 | -€3,431 | -23.1% |
| Financial debts | 170/4 | €14,875 | €11,444 | -€3,431 | -23.1% |
| Amounts payable within one year | 42/48 | €241,224 | €192,591 | -€48,633 | -20.2% |
| Current portion of amounts payable after more than one year | 42 | €17,925 | €27,688 | +€9,763 | +54.5% |
| Trade debts | 44 | €3,339 | €5,386 | +€2,048 | +61.3% |
| Suppliers | 440/4 | €3,339 | €5,386 | +€2,048 | +61.3% |
| Taxes, remuneration and social security | 45 | €57,060 | €43,766 | -€13,294 | -23.3% |
| Taxes | 450/3 | €57,060 | €40,466 | -€16,594 | -29.1% |
| Remuneration and social security | 454/9 | - | €3,300 | +€3,300 | |
| Other amounts payable | 47/48 | €162,901 | €115,750 | -€47,150 | -28.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,902 | €10,033 | +€1,132 | +12.7% |
| Other operating charges | 640/8 | €3,933 | €611 | -€3,322 | -84.5% |
| Gross operating margin | 9900 | €193,570 | €186,381 | -€7,189 | -3.7% |
| Operating profit (loss) | 9901 | €180,735 | €175,737 | -€4,999 | -2.8% |
| Financial income | 75/76B | €11,239 | €13,889 | +€2,651 | +23.6% |
| Recurring financial income | 75 | €11,239 | €13,889 | +€2,651 | +23.6% |
| Financial charges | 65/66B | €2,487 | €3,486 | +€998 | +40.1% |
| Recurring financial charges | 65 | €2,487 | €3,486 | +€998 | +40.1% |
| Profit (loss) for the period before taxes | 9903 | €189,486 | €186,140 | -€3,346 | -1.8% |
| Income taxes | 67/77 | €46,728 | €44,028 | -€2,699 | -5.8% |
| Profit (loss) for the period | 9904 | €142,758 | €142,112 | -€647 | -0.5% |
| Profit (loss) for the period to be appropriated | 9905 | €142,758 | €142,112 | -€647 | -0.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 6 November 2026 via checked.be.