OCEAN ROAD: 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 ROAD
Largest movements
- Tangible fixed assets -€16,786
down €16,786 (-5.8%), from €290,211 to €273,425
of which Land and buildings: -€9,756
- Profit (loss) carried forward -€30,201
down €30,201 (-6.9%), from -€440,675 to -€470,876
- Other debts +€9,289
up €9,289 (+1.6%), from €592,235 to €601,524
- Gross operating margin +€1,654
up €1,654 (+17.5%), from -€9,436 to -€7,781
- Financial charges +€320
up €320 (+18.2%), from €1,761 to €2,082
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 | €298,892 | €282,995 | -€15,897 | -5.3% |
| Fixed assets | 21/28 | €290,211 | €273,425 | -€16,786 | -5.8% |
| Tangible fixed assets | 22/27 | €290,211 | €273,425 | -€16,786 | -5.8% |
| Land and buildings | 22 | €271,239 | €261,483 | -€9,756 | -3.6% |
| Furniture and vehicles | 24 | €18,972 | €11,942 | -€7,030 | -37.1% |
| Current assets | 29/58 | €8,681 | €9,571 | +€889 | +10.2% |
| Amounts receivable within one year | 40/41 | €7,159 | €7,275 | +€116 | +1.6% |
| Other amounts receivable | 41 | €7,159 | €7,275 | +€116 | +1.6% |
| Cash at bank and in hand | 54/58 | €1,134 | €1,896 | +€762 | +67.2% |
| Deferred charges and accrued income | 490/1 | €389 | €400 | +€11 | +2.8% |
| Total equity and liabilities | 10/49 | €298,892 | €282,995 | -€15,897 | -5.3% |
| Equity | 10/15 | -€372,504 | -€402,705 | -€30,201 | -8.1% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €6,197 | €6,197 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Reserves not available under the articles | 1311 | €6,197 | €6,197 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€440,675 | -€470,876 | -€30,201 | -6.9% |
| Amounts payable | 17/49 | €671,396 | €685,701 | +€14,305 | +2.1% |
| Amounts payable within one year | 42/48 | €663,733 | €676,671 | +€12,938 | +1.9% |
| Trade debts | 44 | €16,911 | €19,561 | +€2,649 | +15.7% |
| Suppliers | 440/4 | €16,911 | €19,561 | +€2,649 | +15.7% |
| Advances received on contracts in progress | 46 | €54,586 | €55,586 | +€1,000 | +1.8% |
| Other amounts payable | 47/48 | €592,235 | €601,524 | +€9,289 | +1.6% |
| Accrued charges and deferred income | 492/3 | €7,663 | €9,029 | +€1,367 | +17.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €16,786 | €16,786 | -€0 | 0.0% |
| Other operating charges | 640/8 | €3,291 | €3,272 | -€19 | -0.6% |
| Gross operating margin | 9900 | -€9,436 | -€7,781 | +€1,654 | +17.5% |
| Operating profit (loss) | 9901 | -€29,512 | -€27,839 | +€1,674 | +5.7% |
| Financial charges | 65/66B | €1,761 | €2,082 | +€320 | +18.2% |
| Recurring financial charges | 65 | €1,761 | €2,082 | +€320 | +18.2% |
| Profit (loss) for the period before taxes | 9903 | -€31,274 | -€29,920 | +€1,353 | +4.3% |
| Income taxes | 67/77 | €299 | €281 | -€18 | -5.9% |
| Profit (loss) for the period | 9904 | -€31,572 | -€30,201 | +€1,371 | +4.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€31,572 | -€30,201 | +€1,371 | +4.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.