Alta Ripa: what changed
Two fiscal 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.
Alta Ripa
Largest movements
- Cash -€93,269
down €93,269 (-13.1%), from €709,554 to €616,285
mainly Contributions, distributions and other (-€150,833) and Debts after one year (-€99,757)
- Tangible fixed assets -€82,748
down €82,748 (-40.0%), from €206,949 to €124,201
of which Land and buildings: -€64,498
- Current investments +€44,000
up €44,000 (+50.0%), from €88,000 to €132,000
- Receivables within one year -€11,999
down €11,999 (-13.7%), from €87,758 to €75,760
of which Trade receivables: -€21,326
- Debts after one year -€99,757
down €99,757 (-66.0%), from €151,257 to €51,499
- Reserves -€34,357
down €34,357 (-5.1%), from €673,021 to €638,664
of which Distributable reserves: -€34,357
- Trade debts -€26,056
down €26,056 (-18.9%), from €137,542 to €111,486
- Gross operating margin -€137,083
down €137,083 (-29.3%), from €467,601 to €330,517
- Staff costs -€85,737
down €85,737 (-51.6%), from €166,212 to €80,475
- Financial income +€15,027
up €15,027 (+588.8%), from €2,552 to €17,579
- Taxes -€13,291
down €13,291 (-23.3%), from €57,079 to €43,788
- Financial charges -€5,130
down €5,130 (-31.4%), from €16,329 to €11,199
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.
Cash bridge derived
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 | €1,140,395 | €991,948 | -€148,447 | -13.0% |
| Fixed assets | 21/28 | €207,519 | €124,771 | -€82,748 | -39.9% |
| Tangible fixed assets | 22/27 | €206,949 | €124,201 | -€82,748 | -40.0% |
| Land and buildings | 22 | €158,917 | €94,419 | -€64,498 | -40.6% |
| Plant, machinery and equipment | 23 | €34,979 | €23,217 | -€11,762 | -33.6% |
| Furniture and vehicles | 24 | €2,553 | €1,315 | -€1,237 | -48.5% |
| Other tangible fixed assets | 26 | €10,500 | €5,250 | -€5,250 | -50.0% |
| Financial fixed assets | 28 | €570 | €570 | = | 0.0% |
| Current assets | 29/58 | €932,876 | €867,176 | -€65,700 | -7.0% |
| Stocks and contracts in progress | 3 | €39,588 | €32,797 | -€6,791 | -17.2% |
| Stocks | 30/36 | €39,588 | €32,797 | -€6,791 | -17.2% |
| Amounts receivable within one year | 40/41 | €87,758 | €75,760 | -€11,999 | -13.7% |
| Trade receivables | 40 | €61,859 | €40,533 | -€21,326 | -34.5% |
| Other amounts receivable | 41 | €25,899 | €35,226 | +€9,327 | +36.0% |
| Current investments | 50/53 | €88,000 | €132,000 | +€44,000 | +50.0% |
| Cash at bank and in hand | 54/58 | €709,554 | €616,285 | -€93,269 | -13.1% |
| Deferred charges and accrued income | 490/1 | €7,976 | €10,335 | +€2,358 | +29.6% |
| Total equity and liabilities | 10/49 | €1,140,395 | €991,948 | -€148,447 | -13.0% |
| Equity | 10/15 | €735,021 | €700,664 | -€34,357 | -4.7% |
| Contributions | 10/11 | €62,000 | €62,000 | = | 0.0% |
| Reserves | 13 | €673,021 | €638,664 | -€34,357 | -5.1% |
| Non-distributable reserves | 130/1 | €0 | - | = | |
| Reserves not available under the articles | 1311 | €0 | - | = | |
| Tax-exempt reserves | 132 | €48,182 | €48,182 | = | 0.0% |
| Distributable reserves | 133 | €624,839 | €590,482 | -€34,357 | -5.5% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €405,374 | €291,284 | -€114,090 | -28.1% |
| Amounts payable after more than one year | 17 | €151,257 | €51,499 | -€99,757 | -66.0% |
| Financial debts | 170/4 | €151,257 | €51,499 | -€99,757 | -66.0% |
| Amounts payable within one year | 42/48 | €253,814 | €239,428 | -€14,386 | -5.7% |
| Current portion of amounts payable after more than one year | 42 | €95,587 | €99,757 | +€4,171 | +4.4% |
| Trade debts | 44 | €137,542 | €111,486 | -€26,056 | -18.9% |
| Suppliers | 440/4 | €137,542 | €111,486 | -€26,056 | -18.9% |
| Taxes, remuneration and social security | 45 | €15,303 | €19,134 | +€3,831 | +25.0% |
| Taxes | 450/3 | €2,513 | €2,966 | +€452 | +18.0% |
| Remuneration and social security | 454/9 | €12,790 | €16,169 | +€3,379 | +26.4% |
| Other amounts payable | 47/48 | €5,383 | €9,050 | +€3,667 | +68.1% |
| Accrued charges and deferred income | 492/3 | €303 | €356 | +€54 | +17.7% |
| Remuneration, social security and pensions | 62 | €166,212 | €80,475 | -€85,737 | -51.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €83,611 | €82,748 | -€863 | -1.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €0 | - | = | |
| Other operating charges | 640/8 | €13,819 | €13,410 | -€409 | -3.0% |
| Gross operating margin | 9900 | €467,601 | €330,517 | -€137,083 | -29.3% |
| Operating profit (loss) | 9901 | €203,958 | €153,884 | -€50,074 | -24.6% |
| Financial income | 75/76B | €2,552 | €17,579 | +€15,027 | +588.8% |
| Recurring financial income | 75 | €2,552 | €17,579 | +€15,027 | +588.8% |
| Financial charges | 65/66B | €16,329 | €11,199 | -€5,130 | -31.4% |
| Recurring financial charges | 65 | €16,329 | €11,199 | -€5,130 | -31.4% |
| Profit (loss) for the period before taxes | 9903 | €190,182 | €160,264 | -€29,917 | -15.7% |
| Income taxes | 67/77 | €57,079 | €43,788 | -€13,291 | -23.3% |
| Profit (loss) for the period | 9904 | €133,102 | €116,476 | -€16,626 | -12.5% |
| Profit (loss) for the period to be appropriated | 9905 | €133,102 | €116,476 | -€16,626 | -12.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 7 October 2026 via checked.be.