OCEAN 21: 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.
OCEAN 21
Largest movements
- Cash +€2,382
up €2,382 (+1900.4%), from €125 to €2,507
mainly Other debts (+€22,467) and Depreciation (+€386)
- Receivables within one year +€498
up €498 (+26.6%), from €1,875 to €2,373
of which Other amounts receivable: +€756
- Tangible fixed assets -€386
down €386 (-14.0%), from €2,763 to €2,376
of which Land and buildings: -€208
- Other debts +€22,467
up €22,467 (+19.7%), from €114,320 to €136,787
- Profit (loss) carried forward -€20,168
down €20,168 (-8.3%), from -€242,064 to -€262,232
- Accrued charges and deferred income +€189
up €189 (+538.9%), from €35 to €225
- Gross operating margin -€11,899
down €11,899 (-186.6%), from -€6,376 to -€18,275
- Depreciation -€7,985
down €7,985 (-95.4%), from €8,371 to €386
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 | €4,763 | €7,257 | +€2,494 | +52.4% |
| Fixed assets | 21/28 | €2,763 | €2,376 | -€386 | -14.0% |
| Tangible fixed assets | 22/27 | €2,763 | €2,376 | -€386 | -14.0% |
| Land and buildings | 22 | €2,585 | €2,376 | -€208 | -8.1% |
| Plant, machinery and equipment | 23 | €178 | - | -€178 | |
| Furniture and vehicles | 24 | €0 | - | = | |
| Current assets | 29/58 | €2,000 | €4,880 | +€2,880 | +144.0% |
| Amounts receivable within one year | 40/41 | €1,875 | €2,373 | +€498 | +26.6% |
| Trade receivables | 40 | €258 | - | -€258 | |
| Other amounts receivable | 41 | €1,617 | €2,373 | +€756 | +46.8% |
| Cash at bank and in hand | 54/58 | €125 | €2,507 | +€2,382 | +1900.4% |
| Total equity and liabilities | 10/49 | €4,763 | €7,257 | +€2,494 | +52.4% |
| Equity | 10/15 | -€117,064 | -€137,232 | -€20,168 | -17.2% |
| Contributions | 10/11 | €125,000 | €125,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€242,064 | -€262,232 | -€20,168 | -8.3% |
| Amounts payable | 17/49 | €121,827 | €144,489 | +€22,662 | +18.6% |
| Amounts payable after more than one year | 17 | €6,000 | €6,000 | = | 0.0% |
| Financial debts | 170/4 | €6,000 | €6,000 | = | 0.0% |
| Amounts payable within one year | 42/48 | €115,792 | €138,264 | +€22,472 | +19.4% |
| Trade debts | 44 | €1,238 | €1,256 | +€19 | +1.5% |
| Suppliers | 440/4 | €1,238 | €1,256 | +€19 | +1.5% |
| Taxes, remuneration and social security | 45 | €234 | €221 | -€13 | -5.7% |
| Taxes | 450/3 | €234 | €221 | -€13 | -5.7% |
| Other amounts payable | 47/48 | €114,320 | €136,787 | +€22,467 | +19.7% |
| Accrued charges and deferred income | 492/3 | €35 | €225 | +€189 | +538.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,371 | €386 | -€7,985 | -95.4% |
| Other operating charges | 640/8 | €778 | €835 | +€57 | +7.3% |
| Gross operating margin | 9900 | -€6,376 | -€18,275 | -€11,899 | -186.6% |
| Operating profit (loss) | 9901 | -€15,526 | -€19,496 | -€3,970 | -25.6% |
| Financial charges | 65/66B | €461 | €451 | -€10 | -2.2% |
| Recurring financial charges | 65 | €461 | €451 | -€10 | -2.2% |
| Profit (loss) for the period before taxes | 9903 | -€15,987 | -€19,947 | -€3,960 | -24.8% |
| Income taxes | 67/77 | €234 | €221 | -€13 | -5.7% |
| Profit (loss) for the period | 9904 | -€16,221 | -€20,168 | -€3,947 | -24.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€16,221 | -€20,168 | -€3,947 | -24.3% |
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.