Providence des Malades: what changed
What changed
Providence des Malades
filed annual accounts (NBB)
Net result for the year
-€5.1m
2023 · €15,747-€5.2m
Equity
€1.0m
2023 · €6.4m-€5.4m
Cash
€190,517
2023 · €870,826-€680,309
Balance sheet total
€1.0m
2023 · €6.8m-€5.8m
Largest movements
Assets
- Current investments -€4.2m
down €4.2m (-89.5%), from €4.7m to €500,000
- Tangible fixed assets -€813,874
down €813,874 (-75.2%), from €1.1m to €269,061
- Cash -€680,309
down €680,309 (-78.1%), from €870,826 to €190,517
mainly Net result for the year (-€5.1m) and Provisions (-€425,000)
Equity and liabilities
- Equity -€5.4m
down €5.4m (-84.2%), from €6.4m to €1.0m
- Provisions -€425,000
no longer reported in 2024 (was €425,000)
Income statement
- Services and other goods +€5.8m
up €5.8m (+2,006%), from €290,095 to €6.1m
- Other operating income +€440,929
up €440,929 (+142%), from €310,728 to €751,657
- Financial income +€134,371
up €134,371 (+153%), from €88,000 to €222,371
of which Financial income: +€177,897
Change in the result, 2023 to 2024
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2023
€15,747
Staff costs
+€13,300
Depreciation
+€14,410
Other operating charges
+€49,514
Other operating items
-€5.4m
Financial income
+€134,371
Financial charges
+€14,582
Result 2024
-€5.1m
raises the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2023 and 2024 balance sheets and the 2024 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€5.5m
Investment
+€5.1m
Financing
-€220,257
Cash 2023
€870,826
From operations (derived)
-€5.5m
Net result for the year
-€5.1m
Receivables within one year
+€40,253
Smaller working-capital items
+€2,799
Provisions
-€425,000
Investment (derived)
+€5.1m
Investment in fixed assets (net)
+€813,874
Current investments
+€4.2m
Financing
-€220,257
Contributions, distributions and other
-€220,257
Cash 2024
€190,517
brings cash intakes cash out
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €6,793,779 | €1,008,357 | -€5.8m | -85.2% |
| Fixed assets | 21/28 | €1,082,935 | €269,061 | -€813,874 | -75.2% |
| Tangible fixed assets | 22/27 | €1,082,935 | €269,061 | -€813,874 | -75.2% |
| Land and buildings | 22 | €1,082,935 | €269,061 | -€813,874 | -75.2% |
| Current assets | 29/58 | €5,710,844 | €739,296 | -€5.0m | -87.1% |
| Amounts receivable within one year | 40/41 | €54,142 | €13,889 | -€40,253 | -74.3% |
| Other amounts receivable | 41 | €54,142 | €13,889 | -€40,253 | -74.3% |
| Current investments | 50/53 | €4,743,515 | €500,000 | -€4.2m | -89.5% |
| Cash at bank and in hand | 54/58 | €870,826 | €190,517 | -€680,309 | -78.1% |
| Deferred charges and accrued income | 490/1 | €42,361 | €34,890 | -€7,471 | -17.6% |
| Total equity and liabilities | 10/49 | €6,793,779 | €1,008,357 | -€5.8m | -85.2% |
| Equity | 10/15 | €6,363,815 | €1,008,065 | -€5.4m | -84.2% |
| Contributions | 10/11 | - | €1,000,000 | +€1.0m | |
| Capital | 10 | - | €1,000,000 | +€1.0m | |
| Revaluation surpluses | 12 | €220,257 | - | -€220,257 | |
| Profit (loss) carried forward | 14 | €1,164,228 | €8,065 | -€1.2m | -99.3% |
| Provisions and deferred taxes | 16 | €425,000 | - | -€425,000 | |
| Provisions for liabilities and charges | 160/5 | €425,000 | - | -€425,000 | |
| Other liabilities and charges | 164/5 | €425,000 | - | -€425,000 | |
| Amounts payable | 17/49 | €4,964 | €292 | -€4,672 | -94.1% |
| Amounts payable within one year | 42/48 | €2,899 | €292 | -€2,607 | -89.9% |
| Trade debts | 44 | €2,899 | €292 | -€2,607 | -89.9% |
| Suppliers | 440/4 | €2,899 | €292 | -€2,607 | -89.9% |
| Accrued charges and deferred income | 492/3 | €2,065 | - | -€2,065 | |
| Operating income | 70/76A | €310,728 | €751,657 | +€440,929 | +142% |
| Other operating income | 74 | €310,728 | €751,657 | +€440,929 | +142% |
| Operating charges | 60/66A | €367,319 | €6,108,441 | +€5.7m | +1,563% |
| Services and other goods | 61 | €290,095 | €6,108,441 | +€5.8m | +2,006% |
| Remuneration, social security and pensions | 62 | €13,300 | - | -€13,300 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,410 | - | -€14,410 | |
| Other operating charges | 640/8 | €49,514 | - | -€49,514 | |
| Operating profit (loss) | 9901 | -€56,591 | -€5,356,784 | -€5.3m | -9,366% |
| Financial income | 75/76B | €88,000 | €222,371 | +€134,371 | +153% |
| Recurring financial income | 75 | €44,474 | €222,371 | +€177,897 | +400% |
| Income from financial fixed assets | 750 | €44,474 | €2,114 | -€42,360 | -95.2% |
| Income from current assets | 751 | - | €220,257 | +€220,257 | |
| Non-recurring financial income | 76B | €43,526 | - | -€43,526 | |
| Financial charges | 65/66B | €15,662 | €1,080 | -€14,582 | -93.1% |
| Recurring financial charges | 65 | €11,975 | €1,010 | -€10,965 | -91.6% |
| Other financial charges | 652/9 | €11,975 | €1,010 | -€10,965 | -91.6% |
| Non-recurring financial charges | 66B | €3,687 | €70 | -€3,617 | -98.1% |
| Profit (loss) for the period before taxes | 9903 | €15,747 | -€5,135,493 | -€5.2m | |
| Profit (loss) for the period | 9904 | €15,747 | -€5,135,493 | -€5.2m | |
| Profit (loss) for the period to be appropriated | 9905 | €15,747 | -€5,135,493 | -€5.2m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Green is a favourable move for that line, red an unfavourable one. Prepared on 8 November 2026 via checked.be.