OCEAN BLEU: 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 BLEU
Largest movements
- Receivables within one year +€36,587
up €36,587 (+20.6%), from €177,559 to €214,146
of which Trade receivables: +€33,532
- Cash -€11,897
down €11,897 (-69.6%), from €17,084 to €5,187
mainly Contributions, distributions and other (-€85,000) and Receivables within one year (-€36,587)
- Deferred charges and accrued income +€3,302
up €3,302 (+51.6%), from €6,402 to €9,704
- Other debts +€34,635
up €34,635 (+68.8%), from €50,365 to €85,000
- Trade debts -€10,246
down €10,246 (-81.7%), from €12,540 to €2,294
- Reserves +€2,298
up €2,298 (+2.7%), from €85,616 to €87,913
- Gross operating margin -€57,756
down €57,756 (-19.0%), from €304,373 to €246,617
- Staff costs -€32,311
down €32,311 (-17.3%), from €186,921 to €154,610
- Taxes -€12,292
down €12,292 (-82.6%), from €14,879 to €2,587
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 | €202,556 | €229,577 | +€27,021 | +13.3% |
| Fixed assets | 21/28 | €1,512 | €541 | -€971 | -64.2% |
| Tangible fixed assets | 22/27 | €1,512 | €541 | -€971 | -64.2% |
| Furniture and vehicles | 24 | €1,512 | €541 | -€971 | -64.2% |
| Current assets | 29/58 | €201,045 | €229,037 | +€27,992 | +13.9% |
| Amounts receivable within one year | 40/41 | €177,559 | €214,146 | +€36,587 | +20.6% |
| Trade receivables | 40 | €175,769 | €209,301 | +€33,532 | +19.1% |
| Other amounts receivable | 41 | €1,790 | €4,844 | +€3,055 | +170.7% |
| Cash at bank and in hand | 54/58 | €17,084 | €5,187 | -€11,897 | -69.6% |
| Deferred charges and accrued income | 490/1 | €6,402 | €9,704 | +€3,302 | +51.6% |
| Total equity and liabilities | 10/49 | €202,556 | €229,577 | +€27,021 | +13.3% |
| Equity | 10/15 | €90,616 | €92,913 | +€2,298 | +2.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €85,616 | €87,913 | +€2,298 | +2.7% |
| Distributable reserves | 133 | €85,616 | €87,913 | +€2,298 | +2.7% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Amounts payable | 17/49 | €111,941 | €136,664 | +€24,723 | +22.1% |
| Amounts payable within one year | 42/48 | €111,941 | €136,664 | +€24,723 | +22.1% |
| Current portion of amounts payable after more than one year | 42 | €0 | - | = | |
| Trade debts | 44 | €12,540 | €2,294 | -€10,246 | -81.7% |
| Suppliers | 440/4 | €12,540 | €2,294 | -€10,246 | -81.7% |
| Taxes, remuneration and social security | 45 | €49,036 | €49,370 | +€334 | +0.7% |
| Taxes | 450/3 | €30,007 | €28,841 | -€1,166 | -3.9% |
| Remuneration and social security | 454/9 | €19,029 | €20,529 | +€1,500 | +7.9% |
| Other amounts payable | 47/48 | €50,365 | €85,000 | +€34,635 | +68.8% |
| Remuneration, social security and pensions | 62 | €186,921 | €154,610 | -€32,311 | -17.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €971 | €971 | +€0 | 0.0% |
| Other operating charges | 640/8 | €977 | €1,060 | +€83 | +8.5% |
| Gross operating margin | 9900 | €304,373 | €246,617 | -€57,756 | -19.0% |
| Operating profit (loss) | 9901 | €115,503 | €89,976 | -€25,528 | -22.1% |
| Financial income | 75/76B | €231 | €0 | -€231 | -100.0% |
| Recurring financial income | 75 | €231 | €0 | -€231 | -100.0% |
| Financial charges | 65/66B | €291 | €92 | -€200 | -68.5% |
| Recurring financial charges | 65 | €291 | €92 | -€200 | -68.5% |
| Profit (loss) for the period before taxes | 9903 | €115,443 | €89,884 | -€25,559 | -22.1% |
| Income taxes | 67/77 | €14,879 | €2,587 | -€12,292 | -82.6% |
| Profit (loss) for the period | 9904 | €100,564 | €87,298 | -€13,267 | -13.2% |
| Profit (loss) for the period to be appropriated | 9905 | €100,564 | €87,298 | -€13,267 | -13.2% |
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 5 October 2026 via checked.be.