Cox
Annual accounts 2025
abbreviated format, filed on 06-05-2026, 95 days late€182,132
▲ 8.4%
€248,102
▲ 0.8%
€14,143
▲ 54.1%
73.4%
▲ 5.1 percentage points
7.8%
▲ 2.3 percentage points
5.7%
▲ 2.0 percentage points
Turnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Balance sheet
balance sheet total €248,102 on 30-06-2025What the company ownsHow it is paid for
in euro
in euro
Position in the sector
73.4%
Higher than 71% of 6,700 companies in 2025.
5.7%
Higher than 56% of 6,665 companies in 2025.
Cox
Middle half of the sector
80% of the sector
Abbreviated accounts in financial services (NACE 64)
Net result: middle half · Equity: middle half · Balance sheet total: bottom quarter
Staff
Staff costs divided by the average number of full-time equivalents.
people who joined
people who left
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||||
20/58 |
248,102 | 246,016 | 257,547 | 265,178 | 285,628 | 294,581 | 300,968 | 333,440 | 325,685 | 321,388 | 348,796 | 408,338 | 409,296 | 420,962 | 454,398 | 223,205 | 207,937 | 200,605 | 261,612 | |
21/28 |
163,061 | 174,124 | 184,297 | 196,092 | 211,112 | 231,469 | 246,116 | 238,961 | 226,232 | 243,782 | 261,823 | 285,854 | 279,375 | 306,109 | 330,223 | 76,584 | 54,893 | 40,357 | 47,373 | |
22/27 |
162,796 | 173,859 | 184,032 | 195,827 | 210,847 | 231,204 | 245,851 | 238,696 | 226,232 | 243,782 | 261,823 | 285,854 | 279,375 | 306,109 | 330,223 | 76,584 | 54,893 | 40,357 | 47,373 | |
22 |
160,251 | 170,062 | 180,344 | 190,779 | 201,938 | 213,547 | 220,922 | 206,777 | 215,801 | 225,356 | 234,945 | 249,883 | 264,504 | 279,464 | 295,856 | 35,907 | 34,170 | - | - | |
23 |
0 | - | - | - | - | - | 251 | 731 | 1,316 | 623 | - | - | 367 | 902 | 1,711 | 897 | 1,514 | 2,639 | 4,146 | |
24 |
2,545 | 3,797 | 3,688 | 5,048 | 8,909 | 17,657 | 24,678 | 31,187 | 9,115 | 17,804 | 26,878 | 35,972 | 14,503 | 25,743 | 32,657 | 39,780 | 19,209 | 37,719 | 43,227 | |
28 |
265 | 265 | 265 | 265 | 265 | 265 | 265 | 265 | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
85,041 | 71,892 | 73,250 | 69,086 | 74,516 | 63,112 | 54,853 | 94,479 | 99,453 | 77,606 | 86,974 | 122,483 | 129,921 | 114,853 | 124,175 | 146,621 | 153,044 | 160,247 | 214,239 | |
40/41 |
9,132 | 7,986 | 250 | 10,493 | - | 15,981 | 97 | 7,614 | 27,567 | 9,970 | 22,843 | 20,233 | 21,512 | 13,622 | 46,460 | 18,718 | 117,631 | 56,354 | 134,879 | |
40 |
9,075 | 7,986 | 250 | 7,986 | - | 15,972 | - | 7,079 | 26,901 | - | 7,699 | 7,699 | - | - | 17,817 | 18,718 | 106,396 | 51,774 | 129,616 | |
41 |
57 | - | 0 | 2,507 | - | 9 | 97 | 535 | 666 | 9,970 | 15,145 | 12,534 | 21,512 | 13,622 | 28,643 | - | 11,235 | 4,580 | 5,263 | |
54/58 |
72,542 | 60,463 | 69,382 | 53,693 | 69,837 | 42,202 | 47,318 | 75,225 | 60,493 | 54,038 | 48,967 | 81,834 | 82,760 | 68,826 | 37,877 | 125,599 | 30,963 | 100,353 | 73,589 | |
490/1 |
3,366 | 3,443 | 3,618 | 4,900 | 4,678 | 4,929 | 7,437 | 11,640 | 11,394 | 13,598 | 15,164 | 20,417 | 25,650 | 32,405 | 39,838 | 2,304 | 4,449 | 3,541 | 5,772 | |
| Balance sheet: equity and liabilities | ||||||||||||||||||||
10/49 |
248,102 | 246,016 | 257,547 | 265,178 | 285,628 | 294,581 | 300,968 | 333,440 | 325,685 | 321,388 | 348,796 | 408,338 | 409,296 | 420,962 | 454,398 | 223,205 | 207,937 | 200,605 | 261,612 | |
10/15 |
182,132 | 167,989 | 158,813 | 152,705 | 151,050 | 148,367 | 140,057 | 140,754 | 135,013 | 127,256 | 123,419 | 136,177 | 131,815 | 125,855 | 119,850 | 120,961 | 112,555 | 105,090 | 101,712 | |
10/11 |
31,000 | 31,000 | 31,000 | 31,000 | 31,000 | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
100 |
- | - | - | - | - | - | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | 31,000 | |
11 |
- | - | - | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1100/10 |
- | - | - | - | - | 31,000 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
13 |
151,132 | 136,989 | 127,813 | 121,705 | 120,050 | 117,367 | 109,057 | 109,754 | 105,177 | 105,177 | 105,177 | 105,177 | 100,815 | 94,855 | 88,850 | 89,961 | 81,555 | 74,090 | 26,699 | |
130/1 |
- | 0 | 3,100 | 3,100 | 3,100 | 3,100 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | 3,100 | |
1311 |
- | 0 | 3,100 | 3,100 | 3,100 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
1319 |
- | - | - | - | - | 3,100 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
132 |
- | - | - | - | - | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | 23,599 | |
133 |
151,132 | 136,989 | 124,713 | 118,605 | 116,950 | 90,668 | 82,358 | 83,055 | 78,478 | 78,478 | 78,478 | 78,478 | 74,117 | 68,156 | 62,151 | 63,262 | 54,856 | 47,391 | - | |
14 |
- | - | - | - | - | - | - | - | -1,164 | -8,921 | -12,758 | - | - | - | - | - | - | - | 44,013 | |
16 |
51,200 | 57,600 | 64,000 | 64,000 | 64,000 | 64,000 | 64,000 | 72,700 | 68,000 | 64,000 | 72,000 | 72,000 | 72,000 | 67,000 | 64,000 | 64,000 | 56,000 | 48,000 | 40,000 | |
160/5 |
51,200 | 57,600 | 64,000 | 64,000 | 64,000 | 64,000 | 64,000 | 72,700 | 68,000 | 64,000 | 72,000 | 72,000 | 72,000 | 67,000 | 64,000 | 64,000 | 56,000 | 48,000 | 40,000 | |
160 |
51,200 | 57,600 | 64,000 | 64,000 | 64,000 | 64,000 | 64,000 | 64,000 | 64,000 | - | - | - | - | - | - | - | - | - | - | |
162 |
- | - | - | - | - | - | - | 8,700 | 4,000 | - | - | - | - | - | - | - | - | - | - | |
17/49 |
14,770 | 20,427 | 34,734 | 48,474 | 70,578 | 82,214 | 96,911 | 119,986 | 122,673 | 130,132 | 153,377 | 200,161 | 205,481 | 228,106 | 270,548 | 38,244 | 39,382 | 47,515 | 119,900 | |
17 |
- | 2,263 | 15,844 | 29,425 | 43,005 | 57,016 | 76,985 | 95,881 | 99,172 | 113,036 | 114,834 | 150,739 | 167,811 | 195,023 | 222,970 | 9,551 | - | - | 7,513 | |
170/4 |
- | 2,263 | 15,844 | 29,425 | 43,005 | 57,016 | 76,985 | 95,881 | 99,172 | 113,036 | 114,834 | 150,739 | 167,811 | 195,023 | 222,970 | 9,551 | - | - | 7,513 | |
42/48 |
14,770 | 18,164 | 18,890 | 19,049 | 27,572 | 25,199 | 19,927 | 24,105 | 23,501 | 17,096 | 38,543 | 48,922 | 37,670 | 33,083 | 47,578 | 28,692 | 39,382 | 46,914 | 112,387 | |
42 |
2,263 | 13,581 | 13,581 | 13,581 | 14,010 | 18,716 | 18,896 | 18,818 | 13,864 | 15,313 | 35,905 | 35,905 | 27,213 | 27,947 | 36,029 | 8,817 | - | 7,513 | 12,886 | |
44 |
- | 413 | 983 | 1,380 | 72 | 485 | 38 | 2,540 | 1,272 | 104 | 1,013 | 12,437 | 1,329 | 263 | 287 | 8,415 | 29,866 | 21,129 | 79,276 | |
440/4 |
- | 413 | 983 | 1,380 | 72 | 485 | 38 | 2,540 | 1,272 | 104 | 1,013 | 12,437 | 1,329 | 263 | 287 | 8,415 | 29,866 | 21,129 | 79,276 | |
46 |
- | - | - | - | - | - | - | - | 3,913 | - | - | - | - | - | 533 | - | - | - | - | |
45 |
12,506 | 4,170 | 4,327 | 4,088 | 13,427 | 5,998 | 992 | 2,746 | 4,451 | 1,571 | 1,367 | 491 | 5,247 | 3,396 | 6,729 | 10,419 | 9,516 | 18,272 | 20,226 | |
450/3 |
9,756 | 4,170 | 4,327 | 2,088 | 11,427 | 5,998 | 992 | 2,746 | 2,451 | 1,571 | 1,367 | 491 | 5,247 | 3,396 | 6,729 | 10,419 | 3,569 | 11,718 | 13,249 | |
454/9 |
2,750 | - | 0 | 2,000 | 2,000 | - | - | - | 2,000 | - | - | - | - | - | - | - | 5,947 | 6,554 | 6,977 | |
47/48 |
- | - | - | 0 | 63 | - | - | - | - | 108 | 258 | 89 | 3,881 | 1,477 | 4,000 | 1,041 | - | - | - | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | 500 | - | - | - | - | - | 601 | - | |
| Income statement | ||||||||||||||||||||
76A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 5,713 | 27,751 | - | - | 13,315 | |
9900 |
33,635 | 26,811 | 23,313 | 26,501 | 36,521 | 37,659 | 26,081 | 34,700 | 36,023 | 18,397 | 17,604 | 37,993 | 50,159 | 48,067 | 41,627 | 79,696 | 151,812 | 182,578 | 208,721 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 160 | 65,157 | 107,760 | 136,146 | 138,525 | |
630 |
11,064 | 11,412 | 11,795 | 20,043 | 20,357 | 21,548 | 22,214 | 18,136 | 19,120 | 19,078 | 24,032 | 25,477 | 28,153 | 29,248 | 36,019 | 18,233 | 23,151 | 27,551 | 30,429 | |
635/8 |
- | - | - | - | - | - | - | 4,700 | 4,000 | -8,000 | - | - | 5,000 | 3,000 | - | 8,000 | 8,000 | 8,000 | 8,000 | |
640/8 |
2,086 | 2,023 | 1,870 | 1,972 | 2,195 | 1,704 | 1,679 | 2,232 | 1,734 | 874 | 1,649 | 2,096 | 3,042 | 1,982 | 1,139 | 2,851 | 1,164 | 1,236 | 1,102 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 396 | - | |
9901 |
20,485 | 13,377 | 9,649 | 4,486 | 13,969 | 14,407 | 2,188 | 9,632 | 11,169 | 6,445 | -8,077 | 10,421 | 13,963 | 13,837 | 4,309 | -14,545 | 11,737 | 9,645 | 30,666 | |
75/76B |
304 | 306 | - | - | - | 5 | 30 | 61 | 62 | 423 | 937 | 783 | 1,331 | 1,446 | 1,266 | 600 | 362 | 6,345 | 701 | |
75 |
304 | 306 | - | - | - | 5 | 30 | 61 | 62 | 423 | 937 | 783 | 1,331 | 1,446 | 1,266 | 600 | 362 | 6,345 | 701 | |
65/66B |
262 | 416 | 578 | 743 | 966 | 1,753 | 2,176 | 2,338 | 2,346 | 2,878 | 5,457 | 6,549 | 6,799 | 7,777 | 7,771 | 3,283 | 1,036 | 9,723 | 6,538 | |
65 |
262 | 416 | 578 | 743 | 966 | 1,753 | 2,176 | 2,338 | 2,346 | 2,878 | 5,457 | 6,549 | 6,799 | 7,777 | 7,771 | 3,283 | 1,036 | 9,723 | 6,538 | |
9903 |
20,527 | 13,266 | 9,071 | 3,743 | 13,004 | 12,658 | 43 | 7,355 | 8,885 | 3,990 | -12,597 | 4,655 | 8,494 | 7,506 | 3,517 | 10,524 | 11,064 | 5,871 | 38,143 | |
67/77 |
6,384 | 4,090 | 2,962 | 2,088 | 10,321 | 4,348 | 740 | 1,614 | 1,128 | 153 | 160 | 294 | 2,534 | 1,500 | 628 | 2,118 | 3,598 | 2,493 | 6,461 | |
9904 |
14,143 | 9,176 | 6,109 | 1,655 | 2,683 | 8,310 | -697 | 5,741 | 7,757 | 3,837 | -12,758 | 4,361 | 5,960 | 6,006 | 2,889 | 8,406 | 7,465 | 3,378 | 31,682 | |
789 |
- | - | - | 0 | 23,599 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
689 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 15,841 | |
9905 |
14,143 | 9,176 | 6,109 | 1,655 | 26,281 | 8,310 | -697 | 5,741 | 7,757 | 3,837 | -12,758 | 4,361 | 5,960 | 6,006 | 2,889 | 8,406 | 7,465 | 3,378 | 15,841 | |
| Appropriation of the result | ||||||||||||||||||||
9906 |
14,143 | 9,176 | 6,109 | 1,655 | 26,281 | 8,310 | -697 | 4,577 | -1,164 | -8,921 | -12,758 | 4,361 | 5,960 | 6,006 | 2,889 | 8,406 | 7,465 | 47,391 | 44,013 | |
791/2 |
- | - | - | - | - | - | 697 | - | - | - | - | - | - | - | 1,111 | - | - | - | - | |
691/2 |
14,143 | 9,176 | 6,109 | 1,655 | 26,281 | 8,310 | - | 4,577 | - | - | - | 4,361 | 5,960 | 6,006 | - | 8,406 | 7,465 | 47,391 | - | |
6921 |
14,143 | 9,176 | 6,109 | 1,655 | 26,281 | 8,310 | - | 4,577 | - | - | - | 4,361 | 5,960 | 6,006 | - | 8,406 | 7,465 | 47,391 | - | |
694/7 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | - | - | - | - | |
694 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 4,000 | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||||
9087 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.2 | 2.8 | 3.1 | 3.3 | |
Hours worked1013 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2,168 | 3,710 | 4,976 | 5,643 | |
| Document | ||||||||||||||||||||
The accounts for 5 older financial years (2002-2006) were filed as documents without figures as data, scans for example.
The notes to these accounts have 5 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the filed accounts (PDF).
Source: Annual accounts 2025 (PDF), filed on 06-05-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 30-06-2025 | abbreviated format | 06-05-2026 | 2026-00109840 | |
| 30-06-2024 | abbreviated format | 12-12-2024 | 2024-00615961 | |
| 30-06-2023 | abbreviated format | 18-01-2024 | 2024-00004831 | |
| 30-06-2022 | micro format | 30-01-2023 | 2023-00016577 | |
| 30-06-2021 | abbreviated format | 23-12-2021 | 2021-81500125 | |
| 30-06-2020 | abbreviated format | 31-12-2020 | 2020-77800467 | |
| 30-06-2019 | abbreviated format | 20-12-2019 | 2019-76800355 | |
| 30-06-2018 | abbreviated format | 27-12-2018 | 2018-75700535 | |
| 30-06-2017 | micro format | 22-12-2017 | 2017-72800433 | |
| 30-06-2016 | abbreviated format | 11-01-2017 | 2017-00900508 | |
| 30-06-2015 | abbreviated format | 23-12-2015 | 2015-70100386 | |
| 30-06-2014 | abbreviated format | 24-12-2014 | 2014-70500176 | |
| 30-06-2013 | abbreviated format | 27-12-2013 | 2013-70100022 | |
| 30-06-2012 | abbreviated format | 25-01-2013 | 2013-01400423 | |
| 30-06-2011 | abbreviated format | 06-01-2012 | 2012-00400214 | |
| 30-06-2010 | abbreviated format | 22-12-2010 | 2010-64100029 | |
| 30-06-2009 | abbreviated format | 29-01-2010 | 2010-03100066 | |
| 30-06-2008 | abbreviated format | 30-01-2009 | 2009-02800111 | |
| 30-06-2007 | abbreviated format | 21-12-2007 | 2007-84400045 | |
| 30-06-2006 | abbreviated format | 20-12-2006 | 2006-91703148 | |
| 30-06-2005 | abbreviated format | 21-12-2005 | 2005-90204965 | |
| 30-06-2004 | abbreviated format | 12-01-2005 | 2005-01103002 | |
| 30-06-2003 | abbreviated format | 24-12-2003 | 2003-86204267 | |
| 30-06-2002 | abbreviated format | 18-07-2003 | 2003-49104045 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0 | 1,239 | 0 | 5,023 | 0 | 6,901 | 29,368 | 38,717 | 1,570 | 1,038 | 0 | 40,540 | 1,419 | 5,135 | 289,945 | 58,950 | 37,686 | 23,195 | 46,207 | ||
| 12,079 | -8,919 | 15,689 | -16,144 | 27,635 | -5,116 | -27,906 | 14,731 | 6,455 | 5,071 | -32,867 | -926 | 13,934 | 30,948 | -87,721 | 94,635 | -69,389 | 26,764 | - | ||
| 73.4% | 68.3% | 61.7% | 57.6% | 52.9% | 50.4% | 46.5% | 42.2% | 41.5% | 39.6% | 35.4% | 33.3% | 32.2% | 29.9% | 26.4% | 54.2% | 54.1% | 52.4% | 38.9% | ||
| 7.8% | 5.5% | 3.8% | 1.1% | 1.8% | 5.6% | -0.5% | 4.1% | 5.7% | 3.0% | -10.3% | 3.2% | 4.5% | 4.8% | 2.4% | 6.9% | 6.6% | 3.2% | 31.1% | ||
| 5.7% | 3.7% | 2.4% | 0.6% | 0.9% | 2.8% | -0.2% | 1.7% | 2.4% | 1.2% | -3.7% | 1.1% | 1.5% | 1.4% | 0.6% | 3.8% | 3.6% | 1.7% | 12.1% |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Securities and guarantees
on own assets and for others| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Debts secured on the company's own assets | - | - | €29,425 | - |
| Mortgages, amount registered | - | €125,950 | €125,950 | - |
| Carrying value of the mortgaged assets | - | €170,062 | €180,344 | - |
Source: notes to the 2022 to 2025 annual accounts (statement of debts and off-balance-sheet rights and commitments)
Investments
fixed assets acquired| Item | 30-06-2025 | 30-06-2024 | 30-06-2023 | 30-06-2022 |
|---|---|---|---|---|
| Tangible fixed assets | - | €1,239 | - | €5,023 |
| €11,064 | €11,412 | €11,795 | €20,043 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
Insights on Cox
The operating result for 2025 is 53% higher than in 2024 and the highest since 2007. It is the third rise in a row, after the fall in 2022.
Debt's share of the balance-sheet total falls from 8.3% to 6.0%. Equity is higher and debt is lower.