OCEAN GATE LOGISTICS: 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 GATE LOGISTICS
Largest movements
- Current investments -€482,346
down €482,346 (-100%), from €482,346 to €0
- Receivables after one year -€306,024
down €306,024 (-100%), from €306,024 to €0
- Tangible fixed assets -€304,015
down €304,015 (-50.0%), from €607,590 to €303,576
of which Land and buildings: -€290,677
- Cash +€248,730
up €248,730 (+28.4%), from €875,958 to €1.1m
mainly Net result for the year (+€559,826) and Other debts (+€492,462)
- Receivables within one year -€214,307
down €214,307 (-26.6%), from €806,013 to €591,706
of which Trade receivables: -€188,328
- Reserves -€1.0m
down €1.0m (-63.2%), from €1.7m to €609,725
- Other debts +€492,462
up €492,462 (+220%), from €224,041 to €716,503
- Contributions -€318,685
down €318,685 (-78.9%), from €403,700 to €85,015
- Trade debts -€113,542
down €113,542 (-21.1%), from €538,606 to €425,064
- Current portion of long-term debt -€70,217
down €70,217 (-53.2%), from €132,056 to €61,839
- Gross operating margin +€191,786
up €191,786 (+16.3%), from €1.2m to €1.4m
- Staff costs +€75,903
up €75,903 (+18.8%), from €404,456 to €480,359
- Financial income -€31,012
down €31,012 (-61.4%), from €50,509 to €19,497
- Taxes +€17,701
up €17,701 (+10.3%), from €171,285 to €188,986
- Other operating charges +€14,606
up €14,606 (+490%), from €2,978 to €17,585
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 | €3,114,358 | €2,036,040 | -€1.1m | -34.6% |
| Fixed assets | 21/28 | €631,181 | €312,272 | -€318,910 | -50.5% |
| Intangible fixed assets | 21 | €23,396 | €8,501 | -€14,895 | -63.7% |
| Tangible fixed assets | 22/27 | €607,590 | €303,576 | -€304,015 | -50.0% |
| Land and buildings | 22 | €290,677 | €0 | -€290,677 | -100% |
| Furniture and vehicles | 24 | €181,876 | €189,572 | +€7,697 | +4.2% |
| Other tangible fixed assets | 26 | €135,038 | €114,003 | -€21,035 | -15.6% |
| Financial fixed assets | 28 | €195 | €195 | = | 0.0% |
| Current assets | 29/58 | €2,483,177 | €1,723,768 | -€759,408 | -30.6% |
| Amounts receivable after more than one year | 29 | €306,024 | €0 | -€306,024 | -100% |
| Other amounts receivable | 291 | €306,024 | €0 | -€306,024 | -100% |
| Amounts receivable within one year | 40/41 | €806,013 | €591,706 | -€214,307 | -26.6% |
| Trade receivables | 40 | €751,786 | €563,458 | -€188,328 | -25.1% |
| Other amounts receivable | 41 | €54,228 | €28,248 | -€25,979 | -47.9% |
| Current investments | 50/53 | €482,346 | €0 | -€482,346 | -100% |
| Cash at bank and in hand | 54/58 | €875,958 | €1,124,688 | +€248,730 | +28.4% |
| Deferred charges and accrued income | 490/1 | €12,835 | €7,374 | -€5,461 | -42.5% |
| Total equity and liabilities | 10/49 | €3,114,358 | €2,036,040 | -€1.1m | -34.6% |
| Equity | 10/15 | €2,066,926 | €697,075 | -€1.4m | -66.3% |
| Contributions | 10/11 | €403,700 | €85,015 | -€318,685 | -78.9% |
| Reserves | 13 | €1,655,662 | €609,725 | -€1.0m | -63.2% |
| Distributable reserves | 133 | €1,655,662 | €609,725 | -€1.0m | -63.2% |
| Profit (loss) carried forward | 14 | €0 | €0 | = | |
| Investment grants | 15 | €7,565 | €2,335 | -€5,230 | -69.1% |
| Provisions and deferred taxes | 16 | €3,895 | €0 | -€3,895 | -100% |
| Deferred taxes | 168 | €3,895 | €0 | -€3,895 | -100% |
| Amounts payable | 17/49 | €1,043,536 | €1,338,965 | +€295,429 | +28.3% |
| Amounts payable after more than one year | 17 | €82,369 | €73,181 | -€9,189 | -11.2% |
| Financial debts | 170/4 | €82,369 | €73,181 | -€9,189 | -11.2% |
| Amounts payable within one year | 42/48 | €936,037 | €1,250,567 | +€314,530 | +33.6% |
| Current portion of amounts payable after more than one year | 42 | €132,056 | €61,839 | -€70,217 | -53.2% |
| Trade debts | 44 | €538,606 | €425,064 | -€113,542 | -21.1% |
| Suppliers | 440/4 | €538,606 | €425,064 | -€113,542 | -21.1% |
| Advances received on contracts in progress | 46 | €0 | - | = | |
| Taxes, remuneration and social security | 45 | €41,334 | €47,161 | +€5,827 | +14.1% |
| Taxes | 450/3 | €393 | €217 | -€176 | -44.7% |
| Remuneration and social security | 454/9 | €40,940 | €46,943 | +€6,003 | +14.7% |
| Other amounts payable | 47/48 | €224,041 | €716,503 | +€492,462 | +220% |
| Accrued charges and deferred income | 492/3 | €25,130 | €15,218 | -€9,912 | -39.4% |
| Remuneration, social security and pensions | 62 | €404,456 | €480,359 | +€75,903 | +18.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €121,530 | €110,042 | -€11,488 | -9.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,790 | €0 | -€6,790 | -100% |
| Other operating charges | 640/8 | €2,978 | €17,585 | +€14,606 | +490% |
| Gross operating margin | 9900 | €1,176,729 | €1,368,515 | +€191,786 | +16.3% |
| Operating profit (loss) | 9901 | €640,975 | €760,529 | +€119,554 | +18.7% |
| Financial income | 75/76B | €50,509 | €19,497 | -€31,012 | -61.4% |
| Recurring financial income | 75 | €50,509 | €19,497 | -€31,012 | -61.4% |
| Financial charges | 65/66B | €31,895 | €31,341 | -€554 | -1.7% |
| Recurring financial charges | 65 | €31,895 | €31,341 | -€554 | -1.7% |
| Profit (loss) for the period before taxes | 9903 | €659,589 | €748,685 | +€89,096 | +13.5% |
| Transfer from deferred taxes | 780 | €253 | €126 | -€126 | -50.0% |
| Income taxes | 67/77 | €171,285 | €188,986 | +€17,701 | +10.3% |
| Profit (loss) for the period | 9904 | €488,557 | €559,826 | +€71,269 | +14.6% |
| Profit (loss) for the period to be appropriated | 9905 | €488,557 | €559,826 | +€71,269 | +14.6% |
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 18 October 2026 via checked.be.