ALTA RIPA II: what changed
What changed
ALTA RIPA II
NACE 55.100, Hotels and similar accommodation
filed annual accounts (NBB)
Net result for the year
€79,335
2024 · €1,123+€78,212
Equity
€189,821
2024 · €110,486+€79,335
Cash
€310,938
2024 · €131,378+€179,559
Balance sheet total
€607,135
2024 · €372,667+€234,468
Largest movements
Assets
- Cash +€179,559
up €179,559 (+137%), from €131,378 to €310,938
mainly Net result for the year (+€79,335) and Trade debts (+€76,376)
- Receivables within one year +€46,163
up €46,163 (+56.9%), from €81,116 to €127,279
of which Trade receivables: +€45,095
- Tangible fixed assets +€9,926
up €9,926 (+9.0%), from €110,397 to €120,322
of which Leasing and similar rights: +€15,531
Equity and liabilities
- Profit (loss) carried forward +€79,335
up €79,335 (+97.8%), from -€81,147 to -€1,812
- Trade debts +€76,376
up €76,376 (+97.6%), from €78,244 to €154,620
- Advances received +€52,429
up €52,429 (+55.7%), from €94,166 to €146,595
- Tax, wage and social debts +€36,455
up €36,455 (+77.9%), from €46,821 to €83,276
of which Taxes: +€22,052
- Debts after one year -€10,648
down €10,648 (-54.1%), from €19,665 to €9,017
Income statement
- Gross operating margin +€184,839
up €184,839 (+107%), from €172,306 to €357,145
- Staff costs +€82,971
up €82,971 (+54.0%), from €153,668 to €236,639
- Taxes +€20,026
new in 2025: €20,026
Change in the result, 2024 to 2025
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 2024
€1,123
Gross operating margin
+€184,839
Staff costs
-€82,971
Depreciation
-€1,673
Other operating charges
-€2,255
Financial income
-€274
Financial charges
+€572
Taxes
-€20,026
Result 2025
€79,335
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€212,189
Investment
-€22,166
Financing
-€10,464
Cash 2024
€131,378
From operations (derived)
+€212,189
Net result for the year
+€79,335
Depreciation
+€13,217
Stocks and contracts
+€2,588
Receivables within one year
-€46,163
Deferred charges and accrued income
-€2,385
Trade debts
+€76,376
Tax, wage and social debts
+€36,455
Advances received
+€52,429
Other debts
+€337
Investment (derived)
-€22,166
Investment in fixed assets (net)
-€22,166
Financing
-€10,464
Debts after one year
-€10,648
Current portion of long-term debt
+€184
Cash 2025
€310,938
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €372,667 | €607,135 | +€234,468 | +62.9% |
| Fixed assets | 21/28 | €132,693 | €141,641 | +€8,949 | +6.7% |
| Tangible fixed assets | 22/27 | €110,397 | €120,322 | +€9,926 | +9.0% |
| Land and buildings | 22 | €414 | €207 | -€207 | -50.0% |
| Plant, machinery and equipment | 23 | €61,806 | €57,629 | -€4,178 | -6.8% |
| Furniture and vehicles | 24 | €43,728 | €42,507 | -€1,221 | -2.8% |
| Leasing and similar rights | 25 | €4,448 | €19,979 | +€15,531 | +349% |
| Financial fixed assets | 28 | €22,296 | €21,319 | -€977 | -4.4% |
| Current assets | 29/58 | €239,975 | €465,493 | +€225,519 | +94.0% |
| Stocks and contracts in progress | 3 | €22,985 | €20,396 | -€2,588 | -11.3% |
| Stocks | 30/36 | €22,985 | €20,396 | -€2,588 | -11.3% |
| Amounts receivable within one year | 40/41 | €81,116 | €127,279 | +€46,163 | +56.9% |
| Trade receivables | 40 | €79,226 | €124,321 | +€45,095 | +56.9% |
| Other amounts receivable | 41 | €1,890 | €2,958 | +€1,068 | +56.5% |
| Cash at bank and in hand | 54/58 | €131,378 | €310,938 | +€179,559 | +137% |
| Deferred charges and accrued income | 490/1 | €4,496 | €6,881 | +€2,385 | +53.1% |
| Total equity and liabilities | 10/49 | €372,667 | €607,135 | +€234,468 | +62.9% |
| Equity | 10/15 | €110,486 | €189,821 | +€79,335 | +71.8% |
| Contributions | 10/11 | €124,000 | €124,000 | = | 0.0% |
| Capital | 10 | €124,000 | €124,000 | = | 0.0% |
| Issued capital | 100 | €124,000 | €124,000 | = | 0.0% |
| Reserves | 13 | €67,633 | €67,633 | = | 0.0% |
| Non-distributable reserves | 130/1 | €12,400 | €12,400 | = | 0.0% |
| Legal reserve | 130 | €12,400 | €12,400 | = | 0.0% |
| Tax-exempt reserves | 132 | €55,233 | €55,233 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€81,147 | -€1,812 | +€79,335 | +97.8% |
| Amounts payable | 17/49 | €262,181 | €417,314 | +€155,133 | +59.2% |
| Amounts payable after more than one year | 17 | €19,665 | €9,017 | -€10,648 | -54.1% |
| Financial debts | 170/4 | €19,665 | €9,017 | -€10,648 | -54.1% |
| Amounts payable within one year | 42/48 | €242,517 | €408,298 | +€165,781 | +68.4% |
| Current portion of amounts payable after more than one year | 42 | €10,464 | €10,648 | +€184 | +1.8% |
| Trade debts | 44 | €78,244 | €154,620 | +€76,376 | +97.6% |
| Suppliers | 440/4 | €78,244 | €154,620 | +€76,376 | +97.6% |
| Advances received on contracts in progress | 46 | €94,166 | €146,595 | +€52,429 | +55.7% |
| Taxes, remuneration and social security | 45 | €46,821 | €83,276 | +€36,455 | +77.9% |
| Taxes | 450/3 | €17,226 | €39,278 | +€22,052 | +128% |
| Remuneration and social security | 454/9 | €29,595 | €43,998 | +€14,402 | +48.7% |
| Other amounts payable | 47/48 | €12,822 | €13,159 | +€337 | +2.6% |
| Accrued charges and deferred income | 492/3 | €0 | - | = | |
| Remuneration, social security and pensions | 62 | €153,668 | €236,639 | +€82,971 | +54.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,544 | €13,217 | +€1,673 | +14.5% |
| Other operating charges | 640/8 | €4,083 | €6,338 | +€2,255 | +55.2% |
| Gross operating margin | 9900 | €172,306 | €357,145 | +€184,839 | +107% |
| Operating profit (loss) | 9901 | €3,011 | €100,951 | +€97,940 | +3,253% |
| Financial income | 75/76B | €1,199 | €925 | -€274 | -22.9% |
| Recurring financial income | 75 | €1,199 | €925 | -€274 | -22.9% |
| Financial charges | 65/66B | €3,087 | €2,515 | -€572 | -18.5% |
| Recurring financial charges | 65 | €2,587 | €2,515 | -€72 | -2.8% |
| Non-recurring financial charges | 66B | €500 | €0 | -€500 | -100% |
| Profit (loss) for the period before taxes | 9903 | €1,123 | €99,361 | +€98,238 | +8,752% |
| Income taxes | 67/77 | - | €20,026 | +€20,026 | |
| Profit (loss) for the period | 9904 | €1,123 | €79,335 | +€78,212 | +6,968% |
| Profit (loss) for the period to be appropriated | 9905 | €1,123 | €79,335 | +€78,212 | +6,968% |
Next steps
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.