ACTIVE

Association pour l'exploitation du Centre Hospitalier Reine Astrid Malmedy

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Financial year 2025 · Closed on 31/12/2025

Net result354,5 k €-40,9 %over 1 year

Revenue53,2 M €+5,0 %over 1 year

Equity11,7 M €+2,0 %over 1 year

Workforce363,5 ETP-0,7 %over 1 year

Identity

Source · BCE/KBO

Association pour l'exploitation du Centre Hospitalier Reine Astrid Malmedy is a Organization of public centres for social welfare incorporated in 2011. Its main activity is: Hospital activities. Its registered office is in Malmedy. It employs on average 363,5 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0838.552.825
Incorporation: 16/08/2011
Legal form: Organization of public centres for social welfare
Registered office: Rue Devant les Religieuses 2
4960 Malmedy · WallonieSee on map
Latest accounts: 31/12/2025
Average workforce: 363,5 ETP

Activities (NACE)

86101Hospital activities· main 86101Hospital activities 47781Other retail sale of new goods in specialised stores 47990Other retail sale not in stores, stalls or markets 72109Research and experimental development on natural sciences and engineering 72190Other research and experimental development on natural sciences and engineering

Contacts

1 public detail availableLog in to view

Signals

ProfitableSolid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

Financials

Source · NBB, 17 filings

Trend over 13 financial years

	2025		2024		2023		2022		2021
Income statement
Revenue	53,2 M €	+5.0%	50,6 M €	+3.0%	49,1 M €	+4.7%	46,9 M €	+6.4%	44,1 M €
EBITDA	1,9 M €	-11.0%	2,2 M €	+84.1%	1,2 M €	-6.4%	1,3 M €	-19.2%	1,5 M €
Operating result	519 k €	-38.8%	848,2 k €	+5192%	-16,7 k €	-123%	71,6 k €	-81.4%	385,1 k €
Net result	354,5 k €	-40.9%	599,6 k €	+398%	-201,1 k €	-921%	24,5 k €	-92.9%	342,9 k €
Balance sheet
Equity	11,7 M €	+2.0%	11,5 M €	+37.1%	8,4 M €	+20.7%	6,9 M €	-1.5%	7 M €
Total assets	38,9 M €	+13.0%	34,4 M €	+4.8%	32,8 M €	-3.3%	34 M €	+8.8%	31,2 M €
Cash	784 k €	-2.5%	804,3 k €	-47.2%	1,5 M €	+96.1%	776 k €	+39.2%	557,5 k €
Debts	26,1 M €	+19.2%	21,9 M €	-4.9%	23 M €	-4.2%	24 M €	+11.5%	21,6 M €
Other
Workforce	363,5 ETP	-0.7%	366,0 ETP	-3.0%	377,3 ETP	+0.1%	377,0 ETP	-0.5%	379,0 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal SERVAIS	MandateDirector05/03/2020 → 30/06/2025ended
Jacques REMY-PAQUAY	MandateChairman of the board of directors03/04/2019 → 30/06/2025ended
Ersel KAYNAK	MandateVice-chairman of the board of directors21/06/2011 → 30/06/2025ended
Alain QUADFLIEG	Mandate
Aline METZMACHER	Mandate
Simon DETHIER	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Henri BERTRAND	Director02/12/2020 → 30/06/2025
Nathalie PARMENTIER	Director03/04/2019 → 30/06/2025
Fabien BRUYERE	Director09/05/2017 → 03/04/2019
Bernadette THUNUS	Director27/06/2013 → 27/08/2020

Other companies at this address

Rue Devant les Religieuses 2 4960 Malmedy

Company	CBE no.
Staff médical de la Clinique Reine Astrid de Malmedy● Active	0408.953.483

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	07/08/2026	22/07/2025	08/08/2024	28/08/2023	15/07/2022	23/08/2021
General meeting	30/06/2026	30/06/2025	26/06/2024	27/06/2023	22/06/2022	23/06/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 17 filings

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	30/06/2026	07/08/2026	French	PDF
Full model	31/12/2024	30/06/2025	22/07/2025	French	PDF
Full model	31/12/2023	26/06/2024	08/08/2024	French	PDF
Full model	31/12/2022	27/06/2023	28/08/2023	French	PDF
Full model	31/12/2021	22/06/2022	15/07/2022	French	PDF
Full model	31/12/2020	23/06/2021	23/08/2021	French	PDF
Full model	31/12/2019	01/07/2020	26/08/2020	French	PDF
Full model	31/12/2018	26/06/2019	31/08/2019	French	PDF
Full modelCorrection	31/12/2017	20/06/2018	07/05/2019	French	PDF
Full modelCorrection	31/12/2017	20/06/2018	04/12/2018	French	PDF
Full model	31/12/2017	20/06/2018	28/09/2018	French	PDF
Full modelCorrection	31/12/2016	21/06/2017	26/10/2017	French	PDF
Full model	31/12/2016	21/06/2017	18/08/2017	French	PDF
Full modelCorrection	31/12/2015	29/06/2016	30/10/2017	French	PDF
Full model	31/12/2015	29/06/2016	18/08/2016	French	PDF
Full model	31/12/2014	29/06/2015	29/10/2015	French	PDF
Full model	31/12/2013	18/06/2014	30/01/2015	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2025

6 active · 11 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Pascal SERVAIS	MandateDirector05/03/2020 → 30/06/2025ended
Jacques REMY-PAQUAY	MandateChairman of the board of directors03/04/2019 → 30/06/2025ended
Ersel KAYNAK	MandateVice-chairman of the board of directors21/06/2011 → 30/06/2025ended
Alain QUADFLIEG	Mandate
Aline METZMACHER	Mandate
Simon DETHIER	Mandate

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Henri BERTRAND	Director02/12/2020 → 30/06/2025
Nathalie PARMENTIER	Director03/04/2019 → 30/06/2025
Fabien BRUYERE	Director09/05/2017 → 03/04/2019
Bernadette THUNUS	Director27/06/2013 → 27/08/2020

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates23/09/2025
DEMISSIONS, NOMINATIONS
PDF
Mandates30/06/2025
DEMISSIONS, NOMINATIONS
PDF
Other10/03/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF
Mandates21/12/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates09/07/2021
DEMISSIONS, NOMINATIONS
PDF
Mandates07/05/2021
DENOMINATION
PDF
Mandates16/10/2019
DEMISSIONS, NOMINATIONS
PDF
Other15/07/2014
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

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A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings13 filings

Mandates

Henri BERTRAND

Pascal SERVAIS

Jacques REMY-PAQUAY

Nathalie PARMENTIER

Fabien BRUYERE

Bernadette THUNUS

Catherine SCHROEDER

Serge BIERENS

Ersel KAYNAK

André DENIS

2011201220132014201520162017201820192020202120222023202420252026

Association pour l'exploitation du Centre Hospitalier Reine Astrid MalmedyAssociation pour l'exploitation de la CLINIQUE REINE ASTRID DE MALMEDY

Rue Devant les Religieuses 2, 4960 Malmedy

Director

Chairman of the board of directors

Director

Vice-chairman of the board of directors

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Rue Devant les Religieuses 2, 4960 MalmedyCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00387184

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
Association pour l'exploitation du Centre Hospitalier Reine Astrid MalmedyCurrent	accounts 2020 → 2025	Accounts 2025 · 2026-00387184
Association pour l'exploitation de la CLINIQUE REINE ASTRID DE MALMEDY	accounts 2013 → 2019	Accounts 2019 · 2020-45200574

Events

2025
Annual accounts 2025354,5 k €↓
2024
Annual accounts 2024599,6 k €↑
2023
Annual accounts 2023-201,1 k €↓
2022
Annual accounts 202224,5 k €↓
2021
Annual accounts 2021342,9 k €↓
2020
Annual accounts 2020514,4 k €↑
2020
Name changeAssociation pour l'exploitation du Centre Hospitalier Reine Astrid Malmedy
2019
Annual accounts 2019363,7 k €↑
2018
Annual accounts 2018-401,9 k €↑
2017
Annual accounts 2017-780,3 k €↓
2016
Annual accounts 2016-114,6 k €↑
2015
Annual accounts 2015-120,7 k €↓
2014
Annual accounts 2014158,7 k €↓
2013
Annual accounts 2013519,6 k €
16/08/2011
IncorporationOrganization of public centres for social welfare

Association pour l'exploitation du Centre Hospitalier Reine Astrid Malmedy

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events