Ocean House: 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 House
Largest movements
- Tangible fixed assets -€168,363
down €168,363 (-2.5%), from €6.8m to €6.6m
of which Land and buildings: -€167,907
- Debts after one year -€320,855
down €320,855 (-6.6%), from €4.9m to €4.6m
of which Financial debts: -€320,855
- Profit (loss) carried forward +€135,378
up €135,378 (+78.2%), from -€173,096 to -€37,718
- Financial charges -€11,680
down €11,680 (-6.0%), from €195,750 to €184,070
- Gross operating margin -€10,615
down €10,615 (-2.0%), from €540,234 to €529,618
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 | €7,110,047 | €6,931,982 | -€178,065 | -2.5% |
| Fixed assets | 21/28 | €6,798,570 | €6,630,207 | -€168,363 | -2.5% |
| Tangible fixed assets | 22/27 | €6,798,570 | €6,630,207 | -€168,363 | -2.5% |
| Land and buildings | 22 | €6,797,129 | €6,629,222 | -€167,907 | -2.5% |
| Plant, machinery and equipment | 23 | €1,441 | €984 | -€457 | -31.7% |
| Current assets | 29/58 | €311,477 | €301,776 | -€9,702 | -3.1% |
| Amounts receivable within one year | 40/41 | €98,430 | €131,569 | +€33,140 | +33.7% |
| Trade receivables | 40 | €96,491 | €131,569 | +€35,079 | +36.4% |
| Other amounts receivable | 41 | €1,939 | - | -€1,939 | |
| Cash at bank and in hand | 54/58 | €204,173 | €167,029 | -€37,143 | -18.2% |
| Deferred charges and accrued income | 490/1 | €8,875 | €3,177 | -€5,698 | -64.2% |
| Total equity and liabilities | 10/49 | €7,110,047 | €6,931,982 | -€178,065 | -2.5% |
| Equity | 10/15 | €1,826,904 | €1,962,282 | +€135,378 | +7.4% |
| Contributions | 10/11 | €2,000,000 | €2,000,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€173,096 | -€37,718 | +€135,378 | +78.2% |
| Amounts payable | 17/49 | €5,283,144 | €4,969,700 | -€313,443 | -5.9% |
| Amounts payable after more than one year | 17 | €4,884,080 | €4,563,225 | -€320,855 | -6.6% |
| Financial debts | 170/4 | €4,819,900 | €4,499,045 | -€320,855 | -6.7% |
| Other amounts payable | 178/9 | €64,180 | €64,180 | = | 0.0% |
| Amounts payable within one year | 42/48 | €362,740 | €366,024 | +€3,284 | +0.9% |
| Current portion of amounts payable after more than one year | 42 | €309,076 | €320,855 | +€11,779 | +3.8% |
| Trade debts | 44 | €53,665 | €41,050 | -€12,615 | -23.5% |
| Suppliers | 440/4 | €53,665 | €41,050 | -€12,615 | -23.5% |
| Taxes, remuneration and social security | 45 | - | €4,120 | +€4,120 | |
| Taxes | 450/3 | - | €4,120 | +€4,120 | |
| Accrued charges and deferred income | 492/3 | €36,323 | €40,451 | +€4,128 | +11.4% |
| Non-recurring operating income | 76A | - | €2,806 | +€2,806 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €206,168 | €209,575 | +€3,407 | +1.7% |
| Other operating charges | 640/8 | €314 | €596 | +€282 | +89.8% |
| Gross operating margin | 9900 | €540,234 | €529,618 | -€10,615 | -2.0% |
| Operating profit (loss) | 9901 | €333,752 | €319,448 | -€14,304 | -4.3% |
| Financial charges | 65/66B | €195,750 | €184,070 | -€11,680 | -6.0% |
| Recurring financial charges | 65 | €195,750 | €184,070 | -€11,680 | -6.0% |
| Profit (loss) for the period before taxes | 9903 | €138,002 | €135,378 | -€2,624 | -1.9% |
| Profit (loss) for the period | 9904 | €138,002 | €135,378 | -€2,624 | -1.9% |
| Profit (loss) for the period to be appropriated | 9905 | €138,002 | €135,378 | -€2,624 | -1.9% |
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 27 October 2026 via checked.be.