COX 109 PRECISION: 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.
COX 109 PRECISION
Largest movements
- Receivables within one year +€57,960
new in 2025: €57,960
- Stocks and contracts +€27,669
up €27,669 (+695%), from €3,982 to €31,651
- Cash +€10,151
up €10,151 (+331%), from €3,064 to €13,215
mainly Trade debts (+€56,517) and Advances received (+€26,277)
- Trade debts +€56,517
up €56,517 (+2,909%), from €1,943 to €58,460
- Advances received +€26,277
new in 2025: €26,277
- Current portion of long-term debt +€12,500
new in 2025: €12,500
- Profit (loss) carried forward -€10,259
down €10,259 (-60.8%), from -€16,861 to -€27,120
- Other debts +€8,890
up €8,890 (+38.9%), from €22,853 to €31,743
- Gross operating margin +€7,977
up €7,977 (+66.4%), from -€12,017 to -€4,040
- Depreciation +€1,582
up €1,582 (+76.4%), from €2,070 to €3,651
- Financial charges +€1,561
up €1,561 (+3,380%), from €46 to €1,608
- Taxes +€884
up €884, from -€442 to €442
- Other operating charges -€420
down €420 (-44.8%), from €938 to €517
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.
Derived cash bridge
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 | €19,310 | €115,320 | +€96,009 | +497% |
| Fixed assets | 21/28 | €12,265 | €12,493 | +€228 | +1.9% |
| Tangible fixed assets | 22/27 | €12,176 | €12,404 | +€228 | +1.9% |
| Plant, machinery and equipment | 23 | €11,388 | €11,783 | +€395 | +3.5% |
| Furniture and vehicles | 24 | €788 | €622 | -€166 | -21.1% |
| Financial fixed assets | 28 | €89 | €89 | = | 0.0% |
| Current assets | 29/58 | €7,045 | €102,826 | +€95,781 | +1,359% |
| Stocks and contracts in progress | 3 | €3,982 | €31,651 | +€27,669 | +695% |
| Stocks | 30/36 | €3,982 | €31,651 | +€27,669 | +695% |
| Amounts receivable within one year | 40/41 | - | €57,960 | +€57,960 | |
| Trade receivables | 40 | - | €57,960 | +€57,960 | |
| Cash at bank and in hand | 54/58 | €3,064 | €13,215 | +€10,151 | +331% |
| Total equity and liabilities | 10/49 | €19,310 | €115,320 | +€96,009 | +497% |
| Equity | 10/15 | -€11,861 | -€22,120 | -€10,259 | -86.5% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,861 | -€27,120 | -€10,259 | -60.8% |
| Amounts payable | 17/49 | €31,171 | €137,439 | +€106,268 | +341% |
| Amounts payable within one year | 42/48 | €31,171 | €137,439 | +€106,268 | +341% |
| Current portion of amounts payable after more than one year | 42 | - | €12,500 | +€12,500 | |
| Trade debts | 44 | €1,943 | €58,460 | +€56,517 | +2,909% |
| Suppliers | 440/4 | €1,943 | €58,460 | +€56,517 | +2,909% |
| Advances received on contracts in progress | 46 | - | €26,277 | +€26,277 | |
| Taxes, remuneration and social security | 45 | €6,375 | €8,460 | +€2,085 | +32.7% |
| Taxes | 450/3 | €6,375 | €8,460 | +€2,085 | +32.7% |
| Other amounts payable | 47/48 | €22,853 | €31,743 | +€8,890 | +38.9% |
| Remuneration, social security and pensions | 62 | €81 | - | -€81 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,070 | €3,651 | +€1,582 | +76.4% |
| Other operating charges | 640/8 | €938 | €517 | -€420 | -44.8% |
| Gross operating margin | 9900 | -€12,017 | -€4,040 | +€7,977 | +66.4% |
| Operating profit (loss) | 9901 | -€15,106 | -€8,209 | +€6,897 | +45.7% |
| Financial charges | 65/66B | €46 | €1,608 | +€1,561 | +3,380% |
| Recurring financial charges | 65 | €46 | €1,608 | +€1,561 | +3,380% |
| Profit (loss) for the period before taxes | 9903 | -€15,152 | -€9,816 | +€5,335 | +35.2% |
| Income taxes | 67/77 | -€442 | €442 | +€884 | |
| Profit (loss) for the period | 9904 | -€14,710 | -€10,259 | +€4,451 | +30.3% |
| Profit (loss) for the period to be appropriated | 9905 | -€14,710 | -€10,259 | +€4,451 | +30.3% |
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 16 October 2026 via checked.be.