PAOLINA CLOTHES: 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.
PAOLINA CLOTHES
Largest movements
- Cash +€58,118
new in 2025: €58,118
mainly Contributions, distributions and other (+€150,000) and Short-term financial debts (+€26,521)
- Stocks and contracts -€16,162
down €16,162 (-17.6%), from €91,980 to €75,818
- Tangible fixed assets +€11,886
up €11,886 (+449%), from €2,649 to €14,535
of which Other tangible fixed assets: +€13,005
- Intangible fixed assets -€7,739
down €7,739 (-31.4%), from €24,669 to €16,931
- Deferred charges and accrued income -€4,636
down €4,636 (-89.8%), from €5,164 to €527
- Contributions +€150,000
up €150,000 (+63.5%), from €236,200 to €386,200
- Profit (loss) carried forward -€89,671
down €89,671 (-30.3%), from -€295,857 to -€385,528
- Debts after one year -€51,554
down €51,554 (-99.3%), from €51,904 to €350
of which Other amounts payable: -€42,000
- Short-term financial debts +€26,521
up €26,521 (+26.9%), from €98,479 to €125,000
- Trade debts +€19,127
up €19,127 (+83.2%), from €22,978 to €42,106
- Gross operating margin +€112,241
up €112,241 (+64.3%), from -€174,608 to -€62,368
- Write-downs -€12,707
no longer reported in 2025 (was €12,707)
- Financial charges +€4,777
up €4,777 (+44.6%), from €10,718 to €15,494
- Depreciation +€3,851
up €3,851 (+75.4%), from €5,107 to €8,958
- Other operating charges +€2,030
up €2,030 (+231%), from €879 to €2,909
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 | €140,683 | €184,515 | +€43,832 | +31.2% |
| Fixed assets | 21/28 | €27,319 | €31,666 | +€4,347 | +15.9% |
| Intangible fixed assets | 21 | €24,669 | €16,931 | -€7,739 | -31.4% |
| Tangible fixed assets | 22/27 | €2,649 | €14,535 | +€11,886 | +449% |
| Furniture and vehicles | 24 | €2,649 | €1,531 | -€1,119 | -42.2% |
| Other tangible fixed assets | 26 | - | €13,005 | +€13,005 | |
| Financial fixed assets | 28 | - | €200 | +€200 | |
| Current assets | 29/58 | €113,364 | €152,849 | +€39,485 | +34.8% |
| Stocks and contracts in progress | 3 | €91,980 | €75,818 | -€16,162 | -17.6% |
| Stocks | 30/36 | €91,980 | €75,818 | -€16,162 | -17.6% |
| Amounts receivable within one year | 40/41 | €16,220 | €18,386 | +€2,166 | +13.4% |
| Trade receivables | 40 | €5,607 | €15,235 | +€9,628 | +172% |
| Other amounts receivable | 41 | €10,613 | €3,151 | -€7,462 | -70.3% |
| Cash at bank and in hand | 54/58 | - | €58,118 | +€58,118 | |
| Deferred charges and accrued income | 490/1 | €5,164 | €527 | -€4,636 | -89.8% |
| Total equity and liabilities | 10/49 | €140,683 | €184,515 | +€43,832 | +31.2% |
| Equity | 10/15 | -€59,657 | €672 | +€60,329 | |
| Contributions | 10/11 | €236,200 | €386,200 | +€150,000 | +63.5% |
| Profit (loss) carried forward | 14 | -€295,857 | -€385,528 | -€89,671 | -30.3% |
| Amounts payable | 17/49 | €200,340 | €183,844 | -€16,497 | -8.2% |
| Amounts payable after more than one year | 17 | €51,904 | €350 | -€51,554 | -99.3% |
| Financial debts | 170/4 | €9,554 | - | -€9,554 | |
| Other amounts payable | 178/9 | €42,350 | €350 | -€42,000 | -99.2% |
| Amounts payable within one year | 42/48 | €148,244 | €183,301 | +€35,058 | +23.6% |
| Current portion of amounts payable after more than one year | 42 | €10,220 | €9,554 | -€666 | -6.5% |
| Financial debts | 43 | €98,479 | €125,000 | +€26,521 | +26.9% |
| Credit institutions | 430/8 | €98,479 | €125,000 | +€26,521 | +26.9% |
| Trade debts | 44 | €22,978 | €42,106 | +€19,127 | +83.2% |
| Suppliers | 440/4 | €22,978 | €42,106 | +€19,127 | +83.2% |
| Taxes, remuneration and social security | 45 | €10,211 | €1,368 | -€8,842 | -86.6% |
| Taxes | 450/3 | €10,211 | €1,368 | -€8,842 | -86.6% |
| Other amounts payable | 47/48 | €6,355 | €5,273 | -€1,082 | -17.0% |
| Accrued charges and deferred income | 492/3 | €192 | €192 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,107 | €8,958 | +€3,851 | +75.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €12,707 | - | -€12,707 | |
| Other operating charges | 640/8 | €879 | €2,909 | +€2,030 | +231% |
| Gross operating margin | 9900 | -€174,608 | -€62,368 | +€112,241 | +64.3% |
| Operating profit (loss) | 9901 | -€193,302 | -€74,235 | +€119,067 | +61.6% |
| Financial income | 75/76B | €327 | €58 | -€268 | -82.1% |
| Recurring financial income | 75 | €327 | €58 | -€268 | -82.1% |
| Financial charges | 65/66B | €10,718 | €15,494 | +€4,777 | +44.6% |
| Recurring financial charges | 65 | €10,718 | €15,494 | +€4,777 | +44.6% |
| Profit (loss) for the period before taxes | 9903 | -€203,693 | -€89,671 | +€114,022 | +56.0% |
| Income taxes | 67/77 | €103 | €0 | -€103 | -100.0% |
| Profit (loss) for the period | 9904 | -€203,796 | -€89,671 | +€114,125 | +56.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€203,796 | -€89,671 | +€114,125 | +56.0% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 19 October 2026 via checked.be.