COCKX: 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.
COCKX
Largest movements
- Receivables within one year +€67,247
up €67,247 (+43.3%), from €155,165 to €222,412
of which Trade receivables: +€50,000
- Cash -€26,915
down €26,915 (-56.1%), from €47,963 to €21,048
mainly Receivables within one year (-€67,247) and Debts after one year (-€13,910)
- Tangible fixed assets -€3,742
down €3,742 (-4.6%), from €81,284 to €77,542
of which Plant, machinery and equipment: -€3,242
- Trade debts +€51,288
up €51,288 (+851.5%), from €6,023 to €57,311
- Debts after one year -€13,910
down €13,910 (-20.8%), from €66,945 to €53,036
- Current portion of long-term debt -€11,362
down €11,362 (-45.0%), from €25,271 to €13,910
- Profit (loss) carried forward +€8,760
up €8,760 (+9.2%), from €95,509 to €104,268
- Purchases and services -€58,393
no longer reported in 2025 (was €58,393)
- Gross operating margin -€50,580
down €50,580 (-58.7%), from €86,114 to €35,534
- Taxes -€21,572
no longer reported in 2025 (was €21,572)
- Financial charges +€1,704
up €1,704 (+65.4%), from €2,604 to €4,308
- Depreciation -€1,168
down €1,168 (-23.8%), from €4,910 to €3,742
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 | €286,194 | €322,784 | +€36,590 | +12.8% |
| Fixed assets | 21/28 | €81,284 | €77,542 | -€3,742 | -4.6% |
| Tangible fixed assets | 22/27 | €81,284 | €77,542 | -€3,742 | -4.6% |
| Land and buildings | 22 | €75,579 | €75,079 | -€500 | -0.7% |
| Plant, machinery and equipment | 23 | €5,705 | €2,463 | -€3,242 | -56.8% |
| Current assets | 29/58 | €204,910 | €245,242 | +€40,332 | +19.7% |
| Stocks and contracts in progress | 3 | €1,782 | €1,782 | = | 0.0% |
| Stocks | 30/36 | €1,782 | €1,782 | = | 0.0% |
| Amounts receivable within one year | 40/41 | €155,165 | €222,412 | +€67,247 | +43.3% |
| Trade receivables | 40 | €6,096 | €56,096 | +€50,000 | +820.2% |
| Other amounts receivable | 41 | €149,069 | €166,316 | +€17,247 | +11.6% |
| Cash at bank and in hand | 54/58 | €47,963 | €21,048 | -€26,915 | -56.1% |
| Total equity and liabilities | 10/49 | €286,194 | €322,784 | +€36,590 | +12.8% |
| Equity | 10/15 | €180,509 | €189,268 | +€8,760 | +4.9% |
| Reserves | 13 | €85,000 | €85,000 | = | 0.0% |
| Distributable reserves | 133 | €85,000 | €85,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €95,509 | €104,268 | +€8,760 | +9.2% |
| Amounts payable | 17/49 | €105,686 | €133,516 | +€27,830 | +26.3% |
| Amounts payable after more than one year | 17 | €66,945 | €53,036 | -€13,910 | -20.8% |
| Financial debts | 170/4 | €66,945 | €53,036 | -€13,910 | -20.8% |
| Amounts payable within one year | 42/48 | €38,741 | €80,480 | +€41,740 | +107.7% |
| Current portion of amounts payable after more than one year | 42 | €25,271 | €13,910 | -€11,362 | -45.0% |
| Financial debts | 43 | - | €1,884 | +€1,884 | |
| Credit institutions | 430/8 | - | €1,884 | +€1,884 | |
| Trade debts | 44 | €6,023 | €57,311 | +€51,288 | +851.5% |
| Suppliers | 440/4 | €6,023 | €57,311 | +€51,288 | +851.5% |
| Advances received on contracts in progress | 46 | €7,376 | €7,376 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €70 | - | -€70 | |
| Taxes | 450/3 | €70 | - | -€70 | |
| Goods, raw materials, services and sundry goods | 60/61 | €58,393 | - | -€58,393 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €4,910 | €3,742 | -€1,168 | -23.8% |
| Other operating charges | 640/8 | €18,894 | €18,725 | -€170 | -0.9% |
| Non-recurring operating charges | 66A | €9,969 | - | -€9,969 | |
| Gross operating margin | 9900 | €86,114 | €35,534 | -€50,580 | -58.7% |
| Operating profit (loss) | 9901 | €52,341 | €13,067 | -€39,274 | -75.0% |
| Financial income | 75/76B | €10 | - | -€10 | |
| Recurring financial income | 75 | €10 | - | -€10 | |
| Financial charges | 65/66B | €2,604 | €4,308 | +€1,704 | +65.4% |
| Recurring financial charges | 65 | €2,604 | €4,308 | +€1,704 | +65.4% |
| Profit (loss) for the period before taxes | 9903 | €49,747 | €8,760 | -€40,987 | -82.4% |
| Income taxes | 67/77 | €21,572 | - | -€21,572 | |
| Profit (loss) for the period | 9904 | €28,175 | €8,760 | -€19,415 | -68.9% |
| Profit (loss) for the period to be appropriated | 9905 | €28,175 | €8,760 | -€19,415 | -68.9% |
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 12 October 2026 via checked.be.