ALLIANZ: 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.
ALLIANZ
Largest movements
- Receivables within one year -€425,499
down €425,499 (-96.4%), from €441,258 to €15,759
- Cash +€58,289
up €58,289 (+78.6%), from €74,141 to €132,430
mainly Receivables within one year (+€425,499) and Net result for the year (+€26,436)
- Revaluation surpluses -€388,428
no longer reported in 2025 (was €388,428)
- Profit (loss) carried forward +€26,436
up €26,436 (+38.3%), from €68,941 to €95,377
- Trade debts -€7,051
down €7,051 (-41.8%), from €16,855 to €9,804
- Other operating charges +€11,083
up €11,083 (+1544.2%), from €718 to €11,801
- Staff costs -€2,512
down €2,512 (-5.3%), from €46,974 to €44,462
- Gross operating margin -€1,033
down €1,033 (-1.0%), from €99,303 to €98,270
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 | €521,492 | €152,887 | -€368,605 | -70.7% |
| Fixed assets | 21/28 | €5,732 | €4,390 | -€1,341 | -23.4% |
| Tangible fixed assets | 22/27 | €4,736 | €3,395 | -€1,341 | -28.3% |
| Plant, machinery and equipment | 23 | €4,736 | €3,395 | -€1,341 | -28.3% |
| Financial fixed assets | 28 | €996 | €996 | = | 0.0% |
| Current assets | 29/58 | €515,761 | €148,497 | -€367,264 | -71.2% |
| Amounts receivable within one year | 40/41 | €441,258 | €15,759 | -€425,499 | -96.4% |
| Trade receivables | 40 | €441,258 | €15,759 | -€425,499 | -96.4% |
| Cash at bank and in hand | 54/58 | €74,141 | €132,430 | +€58,289 | +78.6% |
| Deferred charges and accrued income | 490/1 | €362 | €308 | -€54 | -14.9% |
| Total equity and liabilities | 10/49 | €521,492 | €152,887 | -€368,605 | -70.7% |
| Equity | 10/15 | €474,369 | €112,377 | -€361,992 | -76.3% |
| Contributions | 10/11 | €17,000 | €17,000 | = | 0.0% |
| Capital | 10 | €17,000 | €17,000 | = | 0.0% |
| Issued capital | 100 | €17,000 | €17,000 | = | 0.0% |
| Revaluation surpluses | 12 | €388,428 | - | -€388,428 | |
| Profit (loss) carried forward | 14 | €68,941 | €95,377 | +€26,436 | +38.3% |
| Amounts payable | 17/49 | €47,123 | €40,510 | -€6,613 | -14.0% |
| Amounts payable within one year | 42/48 | €47,123 | €40,510 | -€6,613 | -14.0% |
| Trade debts | 44 | €16,855 | €9,804 | -€7,051 | -41.8% |
| Suppliers | 440/4 | €16,855 | €9,804 | -€7,051 | -41.8% |
| Taxes, remuneration and social security | 45 | €24,887 | €28,355 | +€3,468 | +13.9% |
| Taxes | 450/3 | €24,887 | €28,355 | +€3,468 | +13.9% |
| Other amounts payable | 47/48 | €5,381 | €2,351 | -€3,030 | -56.3% |
| Remuneration, social security and pensions | 62 | €46,974 | €44,462 | -€2,512 | -5.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,484 | €1,341 | -€142 | -9.6% |
| Other operating charges | 640/8 | €718 | €11,801 | +€11,083 | +1544.2% |
| Gross operating margin | 9900 | €99,303 | €98,270 | -€1,033 | -1.0% |
| Operating profit (loss) | 9901 | €50,128 | €40,666 | -€9,462 | -18.9% |
| Financial income | 75/76B | €1 | €1 | +€0 | +1.0% |
| Recurring financial income | 75 | €1 | €1 | +€0 | +1.0% |
| Financial charges | 65/66B | €392 | €336 | -€56 | -14.3% |
| Recurring financial charges | 65 | €392 | €336 | -€56 | -14.3% |
| Profit (loss) for the period before taxes | 9903 | €49,737 | €40,331 | -€9,406 | -18.9% |
| Income taxes | 67/77 | €13,781 | €13,896 | +€115 | +0.8% |
| Profit (loss) for the period | 9904 | €35,956 | €26,436 | -€9,520 | -26.5% |
| Profit (loss) for the period to be appropriated | 9905 | €35,956 | €26,436 | -€9,520 | -26.5% |
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 6 October 2026 via checked.be.