Ocean Consult: 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.
Ocean Consult
Largest movements
- Cash +€640,935
up €640,935 (+414.9%), from €154,465 to €795,400
mainly Investment in fixed assets (net) (+€624,011) and Net result for the year (+€40,246)
- Financial fixed assets -€631,353
down €631,353 (-60.2%), from €1.0m to €417,222
- Reserves -€19,754
down €19,754 (-3.3%), from €597,629 to €577,875
of which Distributable reserves: -€19,754
- Financial charges -€8,996
down €8,996 (-99.2%), from €9,072 to €76
- Gross operating margin -€6,982
down €6,982 (-51.3%), from €13,619 to €6,637
- Financial income +€4,401
up €4,401 (+8.8%), from €49,967 to €54,368
- Taxes +€552
up €552 (+15.9%), from €3,473 to €4,025
- Depreciation +€490
up €490 (+3.7%), from €13,359 to €13,849
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 | €1,822,575 | €1,818,039 | -€4,536 | -0.2% |
| Fixed assets | 21/28 | €1,655,445 | €1,017,585 | -€637,860 | -38.5% |
| Tangible fixed assets | 22/27 | €606,870 | €600,363 | -€6,507 | -1.1% |
| Land and buildings | 22 | €606,870 | €593,511 | -€13,359 | -2.2% |
| Other tangible fixed assets | 26 | - | €6,852 | +€6,852 | |
| Financial fixed assets | 28 | €1,048,575 | €417,222 | -€631,353 | -60.2% |
| Current assets | 29/58 | €167,130 | €800,454 | +€633,324 | +378.9% |
| Amounts receivable within one year | 40/41 | €12,665 | €5,054 | -€7,611 | -60.1% |
| Trade receivables | 40 | €11,936 | €5,000 | -€6,936 | -58.1% |
| Other amounts receivable | 41 | €729 | €54 | -€675 | -92.6% |
| Cash at bank and in hand | 54/58 | €154,465 | €795,400 | +€640,935 | +414.9% |
| Total equity and liabilities | 10/49 | €1,822,575 | €1,818,039 | -€4,536 | -0.2% |
| Equity | 10/15 | €1,809,849 | €1,790,095 | -€19,754 | -1.1% |
| Contributions | 10/11 | €1,212,220 | €1,212,220 | = | 0.0% |
| Reserves | 13 | €597,629 | €577,875 | -€19,754 | -3.3% |
| Non-distributable reserves | 130/1 | €122,462 | €122,462 | = | 0.0% |
| Reserves not available under the articles | 1311 | €122,462 | €122,462 | = | 0.0% |
| Distributable reserves | 133 | €475,167 | €455,413 | -€19,754 | -4.2% |
| Amounts payable | 17/49 | €12,726 | €27,944 | +€15,218 | +119.6% |
| Amounts payable within one year | 42/48 | €12,658 | €25,959 | +€13,301 | +105.1% |
| Trade debts | 44 | €9,185 | €18,162 | +€8,977 | +97.7% |
| Suppliers | 440/4 | €9,185 | €18,162 | +€8,977 | +97.7% |
| Taxes, remuneration and social security | 45 | €3,473 | €7,497 | +€4,024 | +115.9% |
| Taxes | 450/3 | €3,473 | €7,497 | +€4,024 | +115.9% |
| Other amounts payable | 47/48 | - | €300 | +€300 | |
| Accrued charges and deferred income | 492/3 | €68 | €1,985 | +€1,917 | +2819.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,359 | €13,849 | +€490 | +3.7% |
| Other operating charges | 640/8 | €2,951 | €2,809 | -€142 | -4.8% |
| Gross operating margin | 9900 | €13,619 | €6,637 | -€6,982 | -51.3% |
| Operating profit (loss) | 9901 | -€2,691 | -€10,021 | -€7,330 | -272.4% |
| Financial income | 75/76B | €49,967 | €54,368 | +€4,401 | +8.8% |
| Recurring financial income | 75 | €49,967 | €54,368 | +€4,401 | +8.8% |
| Financial charges | 65/66B | €9,072 | €76 | -€8,996 | -99.2% |
| Recurring financial charges | 65 | €9,072 | €76 | -€8,996 | -99.2% |
| Profit (loss) for the period before taxes | 9903 | €38,204 | €44,271 | +€6,067 | +15.9% |
| Income taxes | 67/77 | €3,473 | €4,025 | +€552 | +15.9% |
| Profit (loss) for the period | 9904 | €34,731 | €40,246 | +€5,515 | +15.9% |
| Profit (loss) for the period to be appropriated | 9905 | €34,731 | €40,246 | +€5,515 | +15.9% |
Source: filed annual accounts (NBB), financial years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 10 October 2026 via checked.be.