Green Ocean: 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.
Green Ocean
Largest movements
- Cash -€87,204
down €87,204 (-31.0%), from €281,511 to €194,307
mainly Receivables within one year (-€84,950) and Net result for the year (-€3,444)
- Receivables within one year +€84,950
up €84,950 (+2,662%), from €3,191 to €88,141
of which Trade receivables: +€75,000
- Profit (loss) carried forward -€3,444
down €3,444 (-1.2%), from €284,067 to €280,623
- Financial income -€1.8m
down €1.8m (-100%), from €1.8m to €0
- Gross operating margin +€12,201
up €12,201, from -€7,945 to €4,256
- Taxes -€5,079
down €5,079 (-65.8%), from €7,715 to €2,636
- Other operating charges +€738
up €738 (+41.8%), from €1,766 to €2,504
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 | €288,000 | €286,972 | -€1,029 | -0.4% |
| Fixed assets | 21/28 | €100 | €100 | = | 0.0% |
| Financial fixed assets | 28 | €100 | €100 | = | 0.0% |
| Current assets | 29/58 | €287,900 | €286,872 | -€1,029 | -0.4% |
| Amounts receivable within one year | 40/41 | €3,191 | €88,141 | +€84,950 | +2,662% |
| Trade receivables | 40 | €0 | €75,000 | +€75,000 | |
| Other amounts receivable | 41 | €3,191 | €13,141 | +€9,950 | +312% |
| Cash at bank and in hand | 54/58 | €281,511 | €194,307 | -€87,204 | -31.0% |
| Deferred charges and accrued income | 490/1 | €3,198 | €4,424 | +€1,226 | +38.4% |
| Total equity and liabilities | 10/49 | €288,000 | €286,972 | -€1,029 | -0.4% |
| Equity | 10/15 | €285,067 | €281,623 | -€3,444 | -1.2% |
| Contributions | 10/11 | €1,000 | €1,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €284,067 | €280,623 | -€3,444 | -1.2% |
| Amounts payable | 17/49 | €2,934 | €5,349 | +€2,415 | +82.3% |
| Amounts payable within one year | 42/48 | €520 | €2,935 | +€2,415 | +465% |
| Trade debts | 44 | €520 | €299 | -€221 | -42.4% |
| Suppliers | 440/4 | €520 | €299 | -€221 | -42.4% |
| Taxes, remuneration and social security | 45 | €0 | €2,636 | +€2,636 | |
| Taxes | 450/3 | €0 | €2,636 | +€2,636 | |
| Accrued charges and deferred income | 492/3 | €2,414 | €2,414 | = | 0.0% |
| Other operating charges | 640/8 | €1,766 | €2,504 | +€738 | +41.8% |
| Non-recurring operating charges | 66A | - | €1,194 | +€1,194 | |
| Gross operating margin | 9900 | -€7,945 | €4,256 | +€12,201 | |
| Operating profit (loss) | 9901 | -€9,711 | €557 | +€10,268 | |
| Financial income | 75/76B | €1,772,714 | €0 | -€1.8m | -100% |
| Recurring financial income | 75 | €1,772,714 | €0 | -€1.8m | -100% |
| Financial charges | 65/66B | €1,400 | €1,365 | -€34 | -2.4% |
| Recurring financial charges | 65 | €1,400 | €1,365 | -€34 | -2.4% |
| Profit (loss) for the period before taxes | 9903 | €1,761,604 | -€808 | -€1.8m | |
| Income taxes | 67/77 | €7,715 | €2,636 | -€5,079 | -65.8% |
| Profit (loss) for the period | 9904 | €1,753,889 | -€3,444 | -€1.8m | |
| Profit (loss) for the period to be appropriated | 9905 | €1,753,889 | -€3,444 | -€1.8m |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 26 October 2026 via checked.be.