The Spanish fleet was practically destroyed.

On the Dutch side no vessel was lost and the casualties were small.

Such a disaster was most humiliating to Castilian pride, and its effect in hastening forward the peace negotiations, which were already in progress, was considerable.
The initial steps had been taken by the archdukes.

Through the secret agency of Albert's Franciscan Confessor, Father John Neyen, both Oldenbarneveldt and Maurice were approached in May, 1606, but without any result.

Early in 1607 however the efforts were renewed, and negotiations were actively set on foot for the purpose of concluding a peace or a truce for a term of twelve, fifteen or twenty years.