ANNA PAULOWNA: 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.
ANNA PAULOWNA
Largest movements
- Financial fixed assets +€272,000
up €272,000 (+2.3%), from €11.7m to €12.0m
- Profit (loss) carried forward +€184,041
up €184,041 (+33.5%), from €548,921 to €732,962
- Gross operating margin -€11,504
down €11,504 (-44.9%), from -€25,648 to -€37,152
- Taxes -€5,513
down €5,513 (-7.9%), from €69,532 to €64,019
- Financial income -€4,212
down €4,212 (-1.4%), from €298,926 to €294,714
- Other operating charges -€3,392
down €3,392 (-72.9%), from €4,651 to €1,259
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 | €12,851,228 | €12,966,924 | +€115,696 | +0.9% |
| Fixed assets | 21/28 | €11,726,718 | €11,998,718 | +€272,000 | +2.3% |
| Financial fixed assets | 28 | €11,726,718 | €11,998,718 | +€272,000 | +2.3% |
| Current assets | 29/58 | €1,124,510 | €968,206 | -€156,304 | -13.9% |
| Amounts receivable within one year | 40/41 | €721,966 | €670,657 | -€51,309 | -7.1% |
| Trade receivables | 40 | €11,073 | €2,532 | -€8,541 | -77.1% |
| Other amounts receivable | 41 | €710,893 | €668,125 | -€42,768 | -6.0% |
| Cash at bank and in hand | 54/58 | €402,544 | €297,548 | -€104,995 | -26.1% |
| Total equity and liabilities | 10/49 | €12,851,228 | €12,966,924 | +€115,696 | +0.9% |
| Equity | 10/15 | €12,555,121 | €12,739,162 | +€184,041 | +1.5% |
| Contributions | 10/11 | €12,006,200 | €12,006,200 | = | 0.0% |
| Profit (loss) carried forward | 14 | €548,921 | €732,962 | +€184,041 | +33.5% |
| Amounts payable | 17/49 | €296,107 | €227,761 | -€68,346 | -23.1% |
| Amounts payable within one year | 42/48 | €296,107 | €227,761 | -€68,346 | -23.1% |
| Trade debts | 44 | €6,533 | €0 | -€6,533 | -100% |
| Suppliers | 440/4 | €6,533 | €0 | -€6,533 | -100% |
| Taxes, remuneration and social security | 45 | €69,532 | €0 | -€69,532 | -100% |
| Taxes | 450/3 | €69,532 | €0 | -€69,532 | -100% |
| Other amounts payable | 47/48 | €220,041 | €227,761 | +€7,720 | +3.5% |
| Other operating charges | 640/8 | €4,651 | €1,259 | -€3,392 | -72.9% |
| Gross operating margin | 9900 | -€25,648 | -€37,152 | -€11,504 | -44.9% |
| Operating profit (loss) | 9901 | -€30,299 | -€38,410 | -€8,112 | -26.8% |
| Financial income | 75/76B | €298,926 | €294,714 | -€4,212 | -1.4% |
| Recurring financial income | 75 | €298,926 | €294,714 | -€4,212 | -1.4% |
| Financial charges | 65/66B | €8,258 | €8,243 | -€15 | -0.2% |
| Recurring financial charges | 65 | €8,258 | €8,243 | -€15 | -0.2% |
| Profit (loss) for the period before taxes | 9903 | €260,370 | €248,061 | -€12,309 | -4.7% |
| Income taxes | 67/77 | €69,532 | €64,019 | -€5,513 | -7.9% |
| Profit (loss) for the period | 9904 | €190,837 | €184,041 | -€6,796 | -3.6% |
| Profit (loss) for the period to be appropriated | 9905 | €190,837 | €184,041 | -€6,796 | -3.6% |
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 19 October 2026 via checked.be.