ALPHA HOTEL: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
ALPHA HOTEL
Largest movements
- Cash +€52,576
up €52,576 (+45.8%), from €114,894 to €167,470
mainly Debts after one year (+€68,037) and Depreciation (+€57,177)
- Tangible fixed assets +€45,014
up €45,014 (+13.8%), from €325,696 to €370,710
of which Land and buildings: +€51,889
- Debts after one year +€68,037
up €68,037 (+32.0%), from €212,294 to €280,331
- Other debts -€36,899
down €36,899 (-44.3%), from €83,258 to €46,359
- Trade debts +€36,164
up €36,164 (+25.1%), from €144,112 to €180,276
- Accrued charges and deferred income +€16,066
up €16,066 (+256%), from €6,277 to €22,343
- Gross operating margin +€17,791
up €17,791 (+23.2%), from €76,606 to €94,397
- Depreciation +€13,352
up €13,352 (+30.5%), from €43,825 to €57,177
- Financial charges +€6,345
up €6,345 (+58.1%), from €10,913 to €17,258
- Staff costs +€3,529
new in 2025: €3,529
- Other operating charges +€2,447
up €2,447 (+17.7%), from €13,826 to €16,274
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €622,972 | €714,969 | +€91,997 | +14.8% |
| Fixed assets | 21/28 | €325,696 | €370,710 | +€45,014 | +13.8% |
| Tangible fixed assets | 22/27 | €325,696 | €370,710 | +€45,014 | +13.8% |
| Land and buildings | 22 | €289,129 | €341,018 | +€51,889 | +17.9% |
| Plant, machinery and equipment | 23 | €24,655 | €21,151 | -€3,504 | -14.2% |
| Furniture and vehicles | 24 | €5,851 | €3,206 | -€2,645 | -45.2% |
| Leasing and similar rights | 25 | €6,061 | €5,335 | -€726 | -12.0% |
| Current assets | 29/58 | €297,276 | €344,260 | +€46,983 | +15.8% |
| Amounts receivable within one year | 40/41 | €182,223 | €175,464 | -€6,759 | -3.7% |
| Trade receivables | 40 | €99,380 | €50,000 | -€49,380 | -49.7% |
| Other amounts receivable | 41 | €82,843 | €125,464 | +€42,621 | +51.4% |
| Cash at bank and in hand | 54/58 | €114,894 | €167,470 | +€52,576 | +45.8% |
| Deferred charges and accrued income | 490/1 | €160 | €1,326 | +€1,166 | +730% |
| Total equity and liabilities | 10/49 | €622,972 | €714,969 | +€91,997 | +14.8% |
| Equity | 10/15 | €136,012 | €136,366 | +€354 | +0.3% |
| Contributions | 10/11 | €66,599 | €66,599 | = | 0.0% |
| Reserves | 13 | €69,413 | €69,767 | +€354 | +0.5% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €10,396 | €10,396 | = | 0.0% |
| Distributable reserves | 133 | €59,017 | €59,371 | +€354 | +0.6% |
| Amounts payable | 17/49 | €486,960 | €578,603 | +€91,643 | +18.8% |
| Amounts payable after more than one year | 17 | €212,294 | €280,331 | +€68,037 | +32.0% |
| Financial debts | 170/4 | €212,294 | €280,331 | +€68,037 | +32.0% |
| Amounts payable within one year | 42/48 | €268,389 | €275,929 | +€7,540 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €22,567 | €27,822 | +€5,255 | +23.3% |
| Trade debts | 44 | €144,112 | €180,276 | +€36,164 | +25.1% |
| Suppliers | 440/4 | €144,112 | €180,276 | +€36,164 | +25.1% |
| Taxes, remuneration and social security | 45 | €18,451 | €21,472 | +€3,021 | +16.4% |
| Taxes | 450/3 | €16,950 | €19,967 | +€3,018 | +17.8% |
| Remuneration and social security | 454/9 | €1,502 | €1,505 | +€3 | +0.2% |
| Other amounts payable | 47/48 | €83,258 | €46,359 | -€36,899 | -44.3% |
| Accrued charges and deferred income | 492/3 | €6,277 | €22,343 | +€16,066 | +256% |
| Remuneration, social security and pensions | 62 | - | €3,529 | +€3,529 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €43,825 | €57,177 | +€13,352 | +30.5% |
| Other operating charges | 640/8 | €13,826 | €16,274 | +€2,447 | +17.7% |
| Gross operating margin | 9900 | €76,606 | €94,397 | +€17,791 | +23.2% |
| Operating profit (loss) | 9901 | €18,954 | €17,417 | -€1,537 | -8.1% |
| Financial income | 75/76B | €168 | €196 | +€28 | +16.6% |
| Recurring financial income | 75 | €168 | €196 | +€28 | +16.6% |
| Financial charges | 65/66B | €10,913 | €17,258 | +€6,345 | +58.1% |
| Recurring financial charges | 65 | €10,913 | €17,258 | +€6,345 | +58.1% |
| Profit (loss) for the period before taxes | 9903 | €8,209 | €354 | -€7,855 | -95.7% |
| Income taxes | 67/77 | €1,179 | €0 | -€1,179 | -100% |
| Profit (loss) for the period | 9904 | €7,030 | €354 | -€6,675 | -95.0% |
| Profit (loss) for the period to be appropriated | 9905 | €7,030 | €354 | -€6,675 | -95.0% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 20 October 2026 via checked.be.