OCEANO: 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.
What changed
OCEANO
NACE 68.121, Development of residential building projects
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€880,981
2024 · -€455,780+€1.3m
Equity
€268,023
2024 · -€212,958+€480,981
Cash
€17,396
2024 · €4,893+€12,503
Balance sheet total
€1.5m
2024 · €3.3m-€1.8m
Largest movements
Assets
- Receivables after one year -€2.4m
down €2.4m (-100.0%), from €2.4m to €0
- Receivables within one year +€1.1m
up €1.1m (+296.3%), from €359,266 to €1.4m
of which Other amounts receivable: +€893,323
- Stocks and contracts -€339,075
down €339,075 (-95.1%), from €356,624 to €17,549
- Deferred charges and accrued income -€83,492
down €83,492 (-71.3%), from €117,122 to €33,630
Equity and liabilities
- Other debts -€2.2m
down €2.2m (-83.8%), from €2.6m to €427,698
- Profit (loss) carried forward +€480,981
up €480,981, from -€432,958 to €48,023
- Tax, wage and social debts +€57,295
up €57,295 (+385.7%), from €14,855 to €72,150
of which Taxes: +€56,933
- Trade debts -€52,033
down €52,033 (-38.5%), from €135,116 to €83,083
Income statement
- Turnover +€609,419
up €609,419 (+34224.4%), from €1,781 to €611,200
- Goods and materials +€338,352
up €338,352 (+527.0%), from €64,206 to €402,558
of which Change in stocks: decrease (increase): +€385,329
- Services and other goods -€164,082
down €164,082 (-40.0%), from €409,824 to €245,742
- Taxes +€56,800
new in 2025: €56,800
- Write-downs +€38,214
up €38,214 (+8.6%), from €442,428 to €480,642
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.
Result 2024
-€455,780
Turnover
+€609,419
Other operating income
-€28,712
Goods and materials
-€338,352
Services and other goods
+€164,082
Staff costs
+€12,971
Depreciation
+€8,935
Write-downs
-€38,214
Other operating charges
+€2,997
Other operating items
+€993,111
Financial income
+€3,415
Financial charges
+€3,909
Taxes
-€56,800
Result 2025
€880,981
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.
From operations
+€397,471
Investment
+€15,033
Financing
-€400,000
Cash 2024
€4,893
From operations (derived)
+€397,471
Net result for the year
+€880,981
Receivables after one year
+€2.4m
Stocks and contracts
+€339,075
Receivables within one year
-€1.1m
Deferred charges and accrued income
+€83,492
Trade debts
-€52,033
Tax, wage and social debts
+€57,295
Advances received
+€2,113
Other debts
-€2.2m
Accrued charges and deferred income
-€29,885
Investment (derived)
+€15,033
Investment in fixed assets (net)
+€30,823
Current investments
-€15,790
Financing
-€400,000
Contributions, distributions and other
-€400,000
Cash 2025
€17,396
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,268,727 | €1,508,121 | -€1.8m | -53.9% |
| Fixed assets | 21/28 | €30,823 | €0 | -€30,823 | -100.0% |
| Tangible fixed assets | 22/27 | €30,823 | €0 | -€30,823 | -100.0% |
| Furniture and vehicles | 24 | €20,828 | €0 | -€20,828 | -100.0% |
| Other tangible fixed assets | 26 | €9,995 | €0 | -€9,995 | -100.0% |
| Financial fixed assets | 28 | €0 | - | = | |
| Other financial fixed assets | 284/8 | €0 | - | = | |
| Amounts receivable and cash guarantees | 285/8 | €0 | - | = | |
| Current assets | 29/58 | €3,237,904 | €1,508,121 | -€1.7m | -53.4% |
| Amounts receivable after more than one year | 29 | €2,400,000 | €0 | -€2.4m | -100.0% |
| Other amounts receivable | 291 | €2,400,000 | €0 | -€2.4m | -100.0% |
| Stocks and contracts in progress | 3 | €356,624 | €17,549 | -€339,075 | -95.1% |
| Stocks | 30/36 | €356,624 | €17,549 | -€339,075 | -95.1% |
| Property held for sale | 35 | €356,624 | €17,549 | -€339,075 | -95.1% |
| Amounts receivable within one year | 40/41 | €359,266 | €1,423,757 | +€1.1m | +296.3% |
| Trade receivables | 40 | €6,584 | €177,752 | +€171,168 | +2599.7% |
| Other amounts receivable | 41 | €352,682 | €1,246,004 | +€893,323 | +253.3% |
| Current investments | 50/53 | - | €15,790 | +€15,790 | |
| Other investments | 51/53 | - | €15,790 | +€15,790 | |
| Cash at bank and in hand | 54/58 | €4,893 | €17,396 | +€12,503 | +255.6% |
| Deferred charges and accrued income | 490/1 | €117,122 | €33,630 | -€83,492 | -71.3% |
| Total equity and liabilities | 10/49 | €3,268,727 | €1,508,121 | -€1.8m | -53.9% |
| Equity | 10/15 | -€212,958 | €268,023 | +€480,981 | |
| Contributions | 10/11 | €200,000 | €200,000 | = | 0.0% |
| Capital | 10 | €200,000 | €200,000 | = | 0.0% |
| Issued capital | 100 | €200,000 | €200,000 | = | 0.0% |
| Reserves | 13 | €20,000 | €20,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €20,000 | €20,000 | = | 0.0% |
| Legal reserve | 130 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€432,958 | €48,023 | +€480,981 | |
| Amounts payable | 17/49 | €3,481,684 | €1,240,098 | -€2.2m | -64.4% |
| Amounts payable within one year | 42/48 | €2,796,745 | €585,044 | -€2.2m | -79.1% |
| Trade debts | 44 | €135,116 | €83,083 | -€52,033 | -38.5% |
| Suppliers | 440/4 | €135,116 | €83,083 | -€52,033 | -38.5% |
| Advances received on contracts in progress | 46 | - | €2,113 | +€2,113 | |
| Taxes, remuneration and social security | 45 | €14,855 | €72,150 | +€57,295 | +385.7% |
| Taxes | 450/3 | €3,579 | €60,512 | +€56,933 | +1590.9% |
| Remuneration and social security | 454/9 | €11,277 | €11,638 | +€361 | +3.2% |
| Other amounts payable | 47/48 | €2,646,774 | €427,698 | -€2.2m | -83.8% |
| Accrued charges and deferred income | 492/3 | €684,940 | €655,054 | -€29,885 | -4.4% |
| Operating income | 70/76A | €32,665 | €1,608,978 | +€1.6m | +4825.7% |
| Turnover | 70 | €1,781 | €611,200 | +€609,419 | +34224.4% |
| Other operating income | 74 | €30,884 | €2,172 | -€28,712 | -93.0% |
| Non-recurring operating income | 76A | €0 | €995,606 | +€995,606 | |
| Operating charges | 60/66A | €1,048,389 | €1,238,465 | +€190,077 | +18.1% |
| Goods for resale, raw materials and consumables | 60 | €64,206 | €402,558 | +€338,352 | +527.0% |
| Purchases | 600/8 | €74,153 | €27,177 | -€46,976 | -63.4% |
| Change in stocks: decrease (increase) | 609 | -€9,947 | €375,382 | +€385,329 | |
| Services and other goods | 61 | €409,824 | €245,742 | -€164,082 | -40.0% |
| Remuneration, social security and pensions | 62 | €118,889 | €105,919 | -€12,971 | -10.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,935 | €0 | -€8,935 | -100.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €442,428 | €480,642 | +€38,214 | +8.6% |
| Other operating charges | 640/8 | €4,107 | €1,110 | -€2,997 | -73.0% |
| Non-recurring operating charges | 66A | - | €2,495 | +€2,495 | |
| Operating profit (loss) | 9901 | -€1,015,724 | €370,513 | +€1.4m | |
| Financial income | 75/76B | €594,021 | €597,436 | +€3,415 | +0.6% |
| Recurring financial income | 75 | €594,021 | €597,436 | +€3,415 | +0.6% |
| Income from current assets | 751 | €594,021 | €597,436 | +€3,415 | +0.6% |
| Other financial income | 752/9 | €0 | - | = | |
| Financial charges | 65/66B | €34,077 | €30,168 | -€3,909 | -11.5% |
| Recurring financial charges | 65 | €34,077 | €30,168 | -€3,909 | -11.5% |
| Debt charges | 650 | €31,012 | €27,917 | -€3,095 | -10.0% |
| Other financial charges | 652/9 | €3,065 | €2,251 | -€815 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€455,780 | €937,781 | +€1.4m | |
| Income taxes | 67/77 | - | €56,800 | +€56,800 | |
| Taxes | 670/3 | - | €56,800 | +€56,800 | |
| Profit (loss) for the period | 9904 | -€455,780 | €880,981 | +€1.3m | |
| Profit (loss) for the period to be appropriated | 9905 | -€455,780 | €880,981 | +€1.3m |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 4 October 2026 via checked.be.