TRANS OCEAN SHIPPING: what changed
TRANS OCEAN SHIPPING
Largest movements
- Receivables within one year -€167,319
down €167,319 (-42.9%), from €389,825 to €222,506
of which Trade receivables: -€168,052
- Current investments +€144,612
up €144,612 (+28.6%), from €505,687 to €650,299
- Cash -€103,157
down €103,157 (-15.8%), from €653,339 to €550,182
mainly Contributions, distributions and other (-€350,000) and Current investments (-€144,612)
- Trade debts -€127,935
down €127,935 (-29.2%), from €438,073 to €310,138
- Gross operating margin -€24,566
down €24,566 (-3.1%), from €784,880 to €760,314
- Staff costs +€14,999
up €14,999 (+5.7%), from €262,055 to €277,053
- Taxes -€13,659
down €13,659 (-10.2%), from €133,300 to €119,641
- Financial charges +€11,964
up €11,964 (+495%), from €2,418 to €14,382
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 | €1,566,782 | €1,433,525 | -€133,257 | -8.5% |
| Fixed assets | 21/28 | €17,931 | €10,538 | -€7,394 | -41.2% |
| Tangible fixed assets | 22/27 | €17,931 | €10,538 | -€7,394 | -41.2% |
| Furniture and vehicles | 24 | €15,028 | €8,724 | -€6,305 | -42.0% |
| Other tangible fixed assets | 26 | €2,903 | €1,814 | -€1,089 | -37.5% |
| Current assets | 29/58 | €1,548,851 | €1,422,987 | -€125,864 | -8.1% |
| Amounts receivable within one year | 40/41 | €389,825 | €222,506 | -€167,319 | -42.9% |
| Trade receivables | 40 | €386,982 | €218,930 | -€168,052 | -43.4% |
| Other amounts receivable | 41 | €2,842 | €3,575 | +€733 | +25.8% |
| Current investments | 50/53 | €505,687 | €650,299 | +€144,612 | +28.6% |
| Cash at bank and in hand | 54/58 | €653,339 | €550,182 | -€103,157 | -15.8% |
| Total equity and liabilities | 10/49 | €1,566,782 | €1,433,525 | -€133,257 | -8.5% |
| Equity | 10/15 | €727,209 | €722,764 | -€4,445 | -0.6% |
| Contributions | 10/11 | €22,000 | €22,000 | = | 0.0% |
| Reserves | 13 | €86,969 | €86,969 | = | 0.0% |
| Distributable reserves | 133 | €86,969 | €86,969 | = | 0.0% |
| Profit (loss) carried forward | 14 | €618,240 | €613,795 | -€4,445 | -0.7% |
| Amounts payable | 17/49 | €839,573 | €710,761 | -€128,812 | -15.3% |
| Amounts payable within one year | 42/48 | €839,573 | €710,761 | -€128,812 | -15.3% |
| Trade debts | 44 | €438,073 | €310,138 | -€127,935 | -29.2% |
| Suppliers | 440/4 | €438,073 | €310,138 | -€127,935 | -29.2% |
| Taxes, remuneration and social security | 45 | €51,500 | €50,623 | -€877 | -1.7% |
| Taxes | 450/3 | €21,286 | €18,403 | -€2,883 | -13.5% |
| Remuneration and social security | 454/9 | €30,214 | €32,220 | +€2,006 | +6.6% |
| Other amounts payable | 47/48 | €350,000 | €350,000 | = | 0.0% |
| Remuneration, social security and pensions | 62 | €262,055 | €277,053 | +€14,999 | +5.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €8,924 | €8,664 | -€260 | -2.9% |
| Other operating charges | 640/8 | €833 | €863 | +€30 | +3.6% |
| Gross operating margin | 9900 | €784,880 | €760,314 | -€24,566 | -3.1% |
| Operating profit (loss) | 9901 | €513,069 | €473,734 | -€39,335 | -7.7% |
| Financial income | 75/76B | €9,018 | €5,845 | -€3,173 | -35.2% |
| Recurring financial income | 75 | €9,018 | €5,845 | -€3,173 | -35.2% |
| Financial charges | 65/66B | €2,418 | €14,382 | +€11,964 | +495% |
| Recurring financial charges | 65 | €2,418 | €14,382 | +€11,964 | +495% |
| Profit (loss) for the period before taxes | 9903 | €519,669 | €465,196 | -€54,473 | -10.5% |
| Income taxes | 67/77 | €133,300 | €119,641 | -€13,659 | -10.2% |
| Profit (loss) for the period | 9904 | €386,369 | €345,555 | -€40,814 | -10.6% |
| Profit (loss) for the period to be appropriated | 9905 | €386,369 | €345,555 | -€40,814 | -10.6% |
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.