The IFA Hotels chain, owned by Lopesan Touristik, presented data to its shareholders at the December 2025 meeting indicating that it closed the 2024 fiscal year in Germany with a clearly expansive financial picture, marked by asset growth, a substantial increase in profit, and a greater focus on intragroup business. The accounts as of December 31, 2024, compared to December 31, 2023, reflect a robust capital structure and a strategy consistent with a group undergoing European consolidation.
The most significant change is in the financial results. IFA Hotels went from a loss of €737.628,96 in 2023 to a profit of €47.382.766,53 in 2024, increasing total net worth to €372.520.048,06, compared to €324.399.652,57 the previous year. This turnaround marks a financial turning point for the German subsidiary.
In non-current assets, the company maintains a profile highly concentrated in financial investments. Investments in related companies increased significantly, from €79,8 million in 2023 to €87,8 million in 2024, raising total financial fixed assets to €87,8 million, compared to €79,8 million a year earlier. This move reinforces the role of IFA Hotels Germany as an operating and financial holding company within the Lopesan Group.
Current assets also show significant growth. Accounts receivable and other assets are projected to reach €332,8 million in 2024, compared to €264 million in 2023, driven almost entirely by loans from related companies, which increased to €332,8 million from €264 million. Cash and cash equivalents in credit institutions, on the other hand, decreased from €36,1 million to €17.494.821,73, reflecting more intensive use of liquidity within the group.
Overall, total assets amount to €438,1 million in 2024, compared to €380 million in 2023, an increase of almost €58,1 million in twelve months. Regarding equity, the stability of share capital contrasts with the sharp shift in earnings. Subscribed capital remains at €128.700.000,00, with a constant deduction for treasury shares of -€398.450,00, leaving issued capital at €128.301.550,00 in both years. The share premium (capital redemption) remains at €175.049.834,37, and retained earnings remain at €21.785.897,16.
Debt to credit institutions amounts to €50 million, compared to €40.000.000,00 million in 2023. Total liabilities reach €50.580.542,22, compared to €40.585.549,48 in 2023. IFA Hotels’ balance sheet in Germany thus paints a picture of a highly capitalized structure, with a dominant weight of equity, intensive use of intragroup relationships, and a significant leap to profitability in 2024. For IFA Hotels, under the Lopesan umbrella, these figures confirm that the German market is not only an operational hub but also a strategic financial pillar within the international architecture of the Canary Islands-based tourism group.