Ocean Trade Management: what changed
Ocean Trade Management
Largest movements
- Cash +€221,902
up €221,902 (+430%), from €51,564 to €273,466
mainly Net result for the year (+€118,130) and Receivables within one year (+€110,584)
- Receivables within one year -€110,584
down €110,584 (-96.9%), from €114,135 to €3,552
- Tangible fixed assets +€4,721
up €4,721 (+146%), from €3,239 to €7,960
- Reserves +€118,130
up €118,130 (+114%), from €103,753 to €221,883
- Other debts -€7,508
down €7,508 (-100%), from €7,508 to €0
- Tax, wage and social debts +€5,631
up €5,631 (+10.2%), from €55,078 to €60,708
- Gross operating margin +€22,658
up €22,658 (+17.2%), from €132,016 to €154,674
- Taxes +€5,166
up €5,166 (+17.5%), from €29,578 to €34,744
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €170,625 | €286,789 | +€116,164 | +68.1% |
| Fixed assets | 21/28 | €3,239 | €7,960 | +€4,721 | +146% |
| Tangible fixed assets | 22/27 | €3,239 | €7,960 | +€4,721 | +146% |
| Furniture and vehicles | 24 | €3,239 | €7,960 | +€4,721 | +146% |
| Current assets | 29/58 | €167,386 | €278,829 | +€111,443 | +66.6% |
| Amounts receivable within one year | 40/41 | €114,135 | €3,552 | -€110,584 | -96.9% |
| Trade receivables | 40 | €114,135 | €3,552 | -€110,584 | -96.9% |
| Cash at bank and in hand | 54/58 | €51,564 | €273,466 | +€221,902 | +430% |
| Deferred charges and accrued income | 490/1 | €1,687 | €1,811 | +€125 | +7.4% |
| Total equity and liabilities | 10/49 | €170,625 | €286,789 | +€116,164 | +68.1% |
| Equity | 10/15 | €104,953 | €223,083 | +€118,130 | +113% |
| Contributions | 10/11 | €1,200 | €1,200 | = | 0.0% |
| Reserves | 13 | €103,753 | €221,883 | +€118,130 | +114% |
| Distributable reserves | 133 | €103,753 | €221,883 | +€118,130 | +114% |
| Amounts payable | 17/49 | €65,672 | €63,706 | -€1,966 | -3.0% |
| Amounts payable within one year | 42/48 | €65,672 | €62,056 | -€3,616 | -5.5% |
| Trade debts | 44 | €3,086 | €1,348 | -€1,738 | -56.3% |
| Suppliers | 440/4 | €3,086 | €1,348 | -€1,738 | -56.3% |
| Taxes, remuneration and social security | 45 | €55,078 | €60,708 | +€5,631 | +10.2% |
| Taxes | 450/3 | €55,078 | €60,708 | +€5,631 | +10.2% |
| Other amounts payable | 47/48 | €7,508 | €0 | -€7,508 | -100% |
| Accrued charges and deferred income | 492/3 | - | €1,650 | +€1,650 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €219 | €987 | +€768 | +350% |
| Other operating charges | 640/8 | €899 | €676 | -€223 | -24.8% |
| Gross operating margin | 9900 | €132,016 | €154,674 | +€22,658 | +17.2% |
| Operating profit (loss) | 9901 | €130,898 | €153,010 | +€22,113 | +16.9% |
| Financial income | 75/76B | €0 | €4 | +€4 | +1,636% |
| Recurring financial income | 75 | €0 | €4 | +€4 | +1,636% |
| Financial charges | 65/66B | €12 | €141 | +€129 | +1,078% |
| Recurring financial charges | 65 | €12 | €141 | +€129 | +1,078% |
| Profit (loss) for the period before taxes | 9903 | €130,886 | €152,874 | +€21,988 | +16.8% |
| Income taxes | 67/77 | €29,578 | €34,744 | +€5,166 | +17.5% |
| Profit (loss) for the period | 9904 | €101,309 | €118,130 | +€16,821 | +16.6% |
| Profit (loss) for the period to be appropriated | 9905 | €101,309 | €118,130 | +€16,821 | +16.6% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.