Green Ocean Lines: 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.
Green Ocean Lines
Largest movements
- Deferred charges and accrued income -€258,710
down €258,710 (-99.9%), from €259,000 to €290
- Receivables within one year +€214,152
up €214,152 (+44.0%), from €486,574 to €700,727
of which Trade receivables: +€207,546
- Trade debts -€47,163
down €47,163 (-81.9%), from €57,556 to €10,394
- Profit (loss) carried forward +€12,522
up €12,522 (+1.8%), from -€683,979 to -€671,457
- Gross operating margin +€1,469
up €1,469 (+11.8%), from €12,457 to €13,925
- Other operating charges -€356
down €356 (-25.4%), from €1,401 to €1,045
- Financial charges -€266
down €266 (-42.7%), from €624 to €358
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €746,638 | €707,291 | -€39,348 | -5.3% |
| Current assets | 29/58 | €746,638 | €707,291 | -€39,348 | -5.3% |
| Amounts receivable within one year | 40/41 | €486,574 | €700,727 | +€214,152 | +44.0% |
| Trade receivables | 40 | €16,859 | €224,405 | +€207,546 | +1231.1% |
| Other amounts receivable | 41 | €469,715 | €476,322 | +€6,607 | +1.4% |
| Cash at bank and in hand | 54/58 | €1,064 | €6,274 | +€5,210 | +489.6% |
| Deferred charges and accrued income | 490/1 | €259,000 | €290 | -€258,710 | -99.9% |
| Total equity and liabilities | 10/49 | €746,638 | €707,291 | -€39,348 | -5.3% |
| Equity | 10/15 | €684,374 | €696,897 | +€12,522 | +1.8% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | - | -€800,000 | |
| Issued capital | 100 | €800,000 | - | -€800,000 | |
| Reserves | 13 | €568,354 | €568,354 | = | 0.0% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | - | -€80,000 | |
| Reserves not available under the articles | 1311 | - | €80,000 | +€80,000 | |
| Distributable reserves | 133 | €488,354 | €488,354 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€683,979 | -€671,457 | +€12,522 | +1.8% |
| Amounts payable | 17/49 | €62,264 | €10,394 | -€51,870 | -83.3% |
| Amounts payable within one year | 42/48 | €61,256 | €10,394 | -€50,863 | -83.0% |
| Trade debts | 44 | €57,556 | €10,394 | -€47,163 | -81.9% |
| Suppliers | 440/4 | €57,556 | €10,394 | -€47,163 | -81.9% |
| Other amounts payable | 47/48 | €3,700 | - | -€3,700 | |
| Accrued charges and deferred income | 492/3 | €1,007 | - | -€1,007 | |
| Other operating charges | 640/8 | €1,401 | €1,045 | -€356 | -25.4% |
| Gross operating margin | 9900 | €12,457 | €13,925 | +€1,469 | +11.8% |
| Operating profit (loss) | 9901 | €11,056 | €12,881 | +€1,825 | +16.5% |
| Financial charges | 65/66B | €624 | €358 | -€266 | -42.7% |
| Recurring financial charges | 65 | €624 | €358 | -€266 | -42.7% |
| Profit (loss) for the period before taxes | 9903 | €10,431 | €12,522 | +€2,091 | +20.0% |
| Profit (loss) for the period | 9904 | €10,431 | €12,522 | +€2,091 | +20.0% |
| Profit (loss) for the period to be appropriated | 9905 | €10,431 | €12,522 | +€2,091 | +20.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.