Financials
Financial year 2025
Centre de cure et de postcure Les Hautes Fagnes a.s.b.l from Malmedy, company number BE0419560434, closed financial year 2025 with a result of € 157,513 after tax. For that financial year Centre de cure et de postcure Les Hautes Fagnes a.s.b.l recorded revenue of € 3.7 million and equity of € 3.8 million. Compared with financial year 2024, the result moved from € 179,413 to € 157,513. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 9, 2026.
€ 3.8 million
▲ 4% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 157,513
▼ 12% vs 2024
Profit after tax over the fiscal year.
€ 739,600
▼ 54% vs 2024
Cash and bank balances on the last day of the fiscal year.
People and assets in 2025
36.9
▲ 0.2 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 3 million
▲ 3% vs 2024
€ 80,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 38,882
▲ 28% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 494,963
▼ 13% vs 2024
€ 74,320 is repaid this year. At this pace the long-term loan is gone in ≈ 7 years.
€ 39,340
▼ 17% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 481,613
▲ 6% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 3,164,351 | € 3,357,964 | € 3,461,682 | € 3,679,505 | ▲ 6% |
| Gross margin | € 2,874,742 | € 3,259,174 | € 3,257,570 | € 3,313,213 | ▲ 2% |
| Profit after taxes | € -4,478 | € -33,259 | € 179,413 | € 157,513 | ▼ 12% |
| Equity | € 3,453,143 | € 3,418,316 | € 3,596,160 | € 3,752,104 | ▲ 4% |
| Total debts | € 1,325,050 | € 1,341,575 | € 1,322,394 | € 1,185,259 | ▼ 10% |
| Cash | € 1,757,698 | € 581,119 | € 1,611,299 | € 739,600 | ▼ 54% |
| Land & buildings | € 2,046,298 | € 1,949,359 | € 1,845,908 | € 1,741,674 | ▼ 6% |
| Retained profit | € 3,008,000 | € 2,974,741 | € 3,154,153 | € 3,311,667 | ▲ 5% |
| Bank debt | € 714,045 | € 641,658 | € 568,633 | € 494,963 | ▼ 13% |
| Balance sheet total | € 4,778,193 | € 4,759,890 | € 4,918,553 | € 4,937,363 | |
| Employees (FTE) | 41.2 | 39 | 36.7 | 36.9 | ▲ 0.2 |
Key figures of Centre de cure et de postcure Les Hautes Fagnes a.s.b.l, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 July 2027.
What happened to Centre de cure et de postcure Les Hautes Fagnes a.s.b.l?
What happened at Centre de cure et de postcure Les Hautes Fagnes a.s.b.l in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Hubert CREMERS stepped down as director. NBB
- JACQUELINE BOULANGER stepped down as director. NBB
- PHILIPPE NOEL stepped down as director. NBB
- Serge CATHENIS stepped down as director. NBB
- GINETTE FABRITIUS stepped down as director. NBB
- JESSICA BINOT stepped down as director. NBB
- Roland RAUW stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 157,513 (▼ 12% vs 2024). Source: NBB ↗
In short
From € 4,478 loss in 2022 to € 157,513 profit in 2025.
Paid € 36,415 in corporate taxes since 2022.
Best year ever: 2024, with € 179,413 profit.
On average € 89,800 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Hubert CREMERS
Director
since 2025 · until 2028
GINETTE FABRITIUS
Director
since 2024 · until 2026
since 2025 · until 2028
JESSICA BINOT
Director
since 2024 · until 2026
since 2023 · until 2026
Serge CATHENIS
Director
since 2024 · until 2027
PHILIPPE NOEL
Director
since 2025 · until 2028
Establishments
Establishment units
Physical locations of this company
Rue Malgrave 1
4960 Malmedy
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0419.560.434
- VAT number
- BE 0419.560.434
- Registered office
- Rue Malgrave 1, 4960 Malmedy
- Names & denominations
- Centre de cure et de postcure Les Hautes Fagnes a.s.b.l
- Enterprise type
- Rechtspersoon
- Legal form
- Non-profit association
- Legal situation
- Normale toestand
- Start date
- 23 May 1979
- Peppol
- Active · Active since 12 Nov 2025
- Activities · NACE
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