COX Consulting: 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 Consulting
Largest movements
- Tangible fixed assets -€30,067
down €30,067 (-24.7%), from €121,490 to €91,423
of which Furniture and vehicles: -€28,905
- Receivables within one year +€4,181
up €4,181 (+16.9%), from €24,670 to €28,851
of which Trade receivables: +€4,367
- Deferred charges and accrued income +€2,830
up €2,830 (+265.9%), from €1,064 to €3,894
- Cash +€2,547
up €2,547 (+4.0%), from €63,202 to €65,749
mainly Depreciation (+€30,067) and Net result for the year (+€7,190)
- Debts after one year -€25,919
down €25,919 (-30.0%), from €86,524 to €60,605
- Profit (loss) carried forward +€6,322
up €6,322 (+10.4%), from €60,581 to €66,903
- Tax, wage and social debts -€4,124
down €4,124 (-14.7%), from €27,972 to €23,848
- Trade debts +€2,221
up €2,221 (+29.9%), from €7,421 to €9,642
- Gross operating margin -€36,510
down €36,510 (-41.8%), from €87,244 to €50,735
- Taxes -€7,914
down €7,914 (-69.0%), from €11,468 to €3,554
- Depreciation +€4,179
up €4,179 (+16.1%), from €25,887 to €30,067
- Write-downs -€1,373
down €1,373 (-20.1%), from €6,837 to €5,464
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 | €210,426 | €189,917 | -€20,509 | -9.7% |
| Fixed assets | 21/28 | €121,490 | €91,423 | -€30,067 | -24.7% |
| Tangible fixed assets | 22/27 | €121,490 | €91,423 | -€30,067 | -24.7% |
| Plant, machinery and equipment | 23 | €1,807 | €646 | -€1,162 | -64.3% |
| Furniture and vehicles | 24 | €119,683 | €90,777 | -€28,905 | -24.2% |
| Current assets | 29/58 | €88,936 | €98,494 | +€9,557 | +10.7% |
| Amounts receivable within one year | 40/41 | €24,670 | €28,851 | +€4,181 | +16.9% |
| Trade receivables | 40 | €23,366 | €27,734 | +€4,367 | +18.7% |
| Other amounts receivable | 41 | €1,304 | €1,117 | -€186 | -14.3% |
| Cash at bank and in hand | 54/58 | €63,202 | €65,749 | +€2,547 | +4.0% |
| Deferred charges and accrued income | 490/1 | €1,064 | €3,894 | +€2,830 | +265.9% |
| Total equity and liabilities | 10/49 | €210,426 | €189,917 | -€20,509 | -9.7% |
| Equity | 10/15 | €63,581 | €69,903 | +€6,322 | +9.9% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €60,581 | €66,903 | +€6,322 | +10.4% |
| Amounts payable | 17/49 | €146,845 | €120,014 | -€26,831 | -18.3% |
| Amounts payable after more than one year | 17 | €86,524 | €60,605 | -€25,919 | -30.0% |
| Financial debts | 170/4 | €86,524 | €60,605 | -€25,919 | -30.0% |
| Amounts payable within one year | 42/48 | €60,321 | €59,409 | -€912 | -1.5% |
| Current portion of amounts payable after more than one year | 42 | €24,929 | €25,919 | +€990 | +4.0% |
| Trade debts | 44 | €7,421 | €9,642 | +€2,221 | +29.9% |
| Suppliers | 440/4 | €7,421 | €9,642 | +€2,221 | +29.9% |
| Taxes, remuneration and social security | 45 | €27,972 | €23,848 | -€4,124 | -14.7% |
| Taxes | 450/3 | €27,972 | €23,848 | -€4,124 | -14.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,887 | €30,067 | +€4,179 | +16.1% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €6,837 | €5,464 | -€1,373 | -20.1% |
| Other operating charges | 640/8 | €206 | €173 | -€33 | -16.0% |
| Gross operating margin | 9900 | €87,244 | €50,735 | -€36,510 | -41.8% |
| Operating profit (loss) | 9901 | €54,314 | €15,031 | -€39,283 | -72.3% |
| Financial income | 75/76B | €3 | €0 | -€3 | -99.7% |
| Recurring financial income | 75 | €3 | €0 | -€3 | -99.7% |
| Financial charges | 65/66B | €4,329 | €4,288 | -€41 | -1.0% |
| Recurring financial charges | 65 | €4,329 | €4,288 | -€41 | -1.0% |
| Profit (loss) for the period before taxes | 9903 | €49,988 | €10,743 | -€39,245 | -78.5% |
| Income taxes | 67/77 | €11,468 | €3,554 | -€7,914 | -69.0% |
| Profit (loss) for the period | 9904 | €38,521 | €7,190 | -€31,331 | -81.3% |
| Profit (loss) for the period to be appropriated | 9905 | €38,521 | €7,190 | -€31,331 | -81.3% |
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 10 October 2026 via checked.be.