oceaNote: 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.
oceaNote
Largest movements
- Tangible fixed assets -€12,273
down €12,273 (-25.3%), from €48,532 to €36,260
of which Furniture and vehicles: -€9,742
- Receivables within one year +€11,364
new in 2025: €11,364
of which Trade receivables: +€11,364
- Cash +€4,584
up €4,584 (+30.0%), from €15,285 to €19,869
mainly Depreciation (+€12,273) and Net result for the year (+€9,817)
- Deferred charges and accrued income -€1,582
down €1,582 (-100.0%), from €1,582 to €0
- Reserves +€9,817
up €9,817 (+346.6%), from €2,833 to €12,650
- Debts after one year -€9,705
down €9,705 (-31.9%), from €30,417 to €20,712
- Tax, wage and social debts +€5,567
up €5,567 (+154.7%), from €3,598 to €9,164
- Other debts -€5,155
down €5,155 (-36.5%), from €14,138 to €8,983
- Short-term financial debts +€1,113
up €1,113 (+1084.5%), from €103 to €1,216
- Gross operating margin +€8,882
up €8,882 (+49.9%), from €17,811 to €26,694
- Taxes +€1,799
up €1,799 (+223.0%), from €807 to €2,606
- Depreciation +€1,251
up €1,251 (+11.3%), from €11,022 to €12,273
- Other operating charges -€641
down €641 (-69.2%), from €926 to €285
- Financial charges -€511
down €511 (-23.0%), from €2,224 to €1,713
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 | €65,399 | €67,493 | +€2,094 | +3.2% |
| Fixed assets | 21/28 | €48,532 | €36,260 | -€12,273 | -25.3% |
| Tangible fixed assets | 22/27 | €48,532 | €36,260 | -€12,273 | -25.3% |
| Plant, machinery and equipment | 23 | €2,142 | €1,237 | -€905 | -42.2% |
| Furniture and vehicles | 24 | €38,408 | €28,666 | -€9,742 | -25.4% |
| Other tangible fixed assets | 26 | €7,983 | €6,357 | -€1,626 | -20.4% |
| Current assets | 29/58 | €16,867 | €31,234 | +€14,367 | +85.2% |
| Amounts receivable within one year | 40/41 | - | €11,364 | +€11,364 | |
| Trade receivables | 40 | - | €11,364 | +€11,364 | |
| Other amounts receivable | 41 | - | €0 | = | |
| Cash at bank and in hand | 54/58 | €15,285 | €19,869 | +€4,584 | +30.0% |
| Deferred charges and accrued income | 490/1 | €1,582 | €0 | -€1,582 | -100.0% |
| Total equity and liabilities | 10/49 | €65,399 | €67,493 | +€2,094 | +3.2% |
| Equity | 10/15 | €7,833 | €17,650 | +€9,817 | +125.3% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €2,833 | €12,650 | +€9,817 | +346.6% |
| Distributable reserves | 133 | €2,833 | €12,650 | +€9,817 | +346.6% |
| Amounts payable | 17/49 | €57,567 | €49,843 | -€7,723 | -13.4% |
| Amounts payable after more than one year | 17 | €30,417 | €20,712 | -€9,705 | -31.9% |
| Financial debts | 170/4 | €30,417 | €20,712 | -€9,705 | -31.9% |
| Amounts payable within one year | 42/48 | €27,150 | €29,132 | +€1,982 | +7.3% |
| Current portion of amounts payable after more than one year | 42 | €9,296 | €9,705 | +€410 | +4.4% |
| Financial debts | 43 | €103 | €1,216 | +€1,113 | +1084.5% |
| Credit institutions | 430/8 | €103 | €1,216 | +€1,113 | +1084.5% |
| Trade debts | 44 | €15 | €63 | +€48 | +313.4% |
| Suppliers | 440/4 | €15 | €63 | +€48 | +313.4% |
| Taxes, remuneration and social security | 45 | €3,598 | €9,164 | +€5,567 | +154.7% |
| Taxes | 450/3 | €3,598 | €9,164 | +€5,567 | +154.7% |
| Other amounts payable | 47/48 | €14,138 | €8,983 | -€5,155 | -36.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €11,022 | €12,273 | +€1,251 | +11.3% |
| Other operating charges | 640/8 | €926 | €285 | -€641 | -69.2% |
| Gross operating margin | 9900 | €17,811 | €26,694 | +€8,882 | +49.9% |
| Operating profit (loss) | 9901 | €5,863 | €14,136 | +€8,273 | +141.1% |
| Financial income | 75/76B | €0 | €0 | -€0 | -100.0% |
| Recurring financial income | 75 | €0 | €0 | -€0 | -100.0% |
| Financial charges | 65/66B | €2,224 | €1,713 | -€511 | -23.0% |
| Recurring financial charges | 65 | €2,224 | €1,713 | -€511 | -23.0% |
| Profit (loss) for the period before taxes | 9903 | €3,639 | €12,423 | +€8,783 | +241.3% |
| Income taxes | 67/77 | €807 | €2,606 | +€1,799 | +223.0% |
| Profit (loss) for the period | 9904 | €2,833 | €9,817 | +€6,984 | +246.6% |
| Profit (loss) for the period to be appropriated | 9905 | €2,833 | €9,817 | +€6,984 | +246.6% |
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 9 October 2026 via checked.be.