COX Examencentrum: what changed
COX Examencentrum
Largest movements
- Cash -€3,478
down €3,478 (-54.1%), from €6,427 to €2,949
mainly Trade debts (-€5,884) and Deferred charges and accrued income (-€2,149)
- Deferred charges and accrued income +€2,149
up €2,149 (+1,102%), from €195 to €2,344
- Receivables within one year -€1,503
down €1,503 (-27.0%), from €5,563 to €4,060
of which Trade receivables: -€1,618
- Tangible fixed assets -€1,232
no longer reported in 2025 (was €1,232)
- Trade debts -€5,884
down €5,884 (-59.9%), from €9,823 to €3,939
- Profit (loss) carried forward +€2,685
up €2,685 (+138%), from €1,947 to €4,632
- Tax, wage and social debts -€894
down €894 (-46.2%), from €1,937 to €1,043
- Depreciation -€2,432
down €2,432 (-66.4%), from €3,664 to €1,232
- Write-downs +€2,085
up €2,085 (+521%), from €400 to €2,485
- Gross operating margin +€749
up €749 (+10.7%), from €6,984 to €7,733
- Taxes +€278
up €278 (+36.3%), from €765 to €1,043
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €16,706 | €12,614 | -€4,092 | -24.5% |
| Fixed assets | 21/28 | €4,522 | €3,262 | -€1,260 | -27.9% |
| Tangible fixed assets | 22/27 | €1,232 | - | -€1,232 | |
| Plant, machinery and equipment | 23 | €1,232 | - | -€1,232 | |
| Financial fixed assets | 28 | €3,290 | €3,262 | -€28 | -0.9% |
| Current assets | 29/58 | €12,185 | €9,352 | -€2,833 | -23.2% |
| Amounts receivable within one year | 40/41 | €5,563 | €4,060 | -€1,503 | -27.0% |
| Trade receivables | 40 | €3,989 | €2,372 | -€1,618 | -40.6% |
| Other amounts receivable | 41 | €1,573 | €1,688 | +€115 | +7.3% |
| Cash at bank and in hand | 54/58 | €6,427 | €2,949 | -€3,478 | -54.1% |
| Deferred charges and accrued income | 490/1 | €195 | €2,344 | +€2,149 | +1,102% |
| Total equity and liabilities | 10/49 | €16,706 | €12,614 | -€4,092 | -24.5% |
| Equity | 10/15 | €4,947 | €7,632 | +€2,685 | +54.3% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €1,947 | €4,632 | +€2,685 | +138% |
| Amounts payable | 17/49 | €11,760 | €4,982 | -€6,778 | -57.6% |
| Amounts payable within one year | 42/48 | €11,760 | €4,982 | -€6,778 | -57.6% |
| Trade debts | 44 | €9,823 | €3,939 | -€5,884 | -59.9% |
| Suppliers | 440/4 | €9,823 | €3,939 | -€5,884 | -59.9% |
| Taxes, remuneration and social security | 45 | €1,937 | €1,043 | -€894 | -46.2% |
| Taxes | 450/3 | €1,937 | €1,043 | -€894 | -46.2% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €3,664 | €1,232 | -€2,432 | -66.4% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €400 | €2,485 | +€2,085 | +521% |
| Other operating charges | 640/8 | €62 | €62 | = | 0.0% |
| Gross operating margin | 9900 | €6,984 | €7,733 | +€749 | +10.7% |
| Operating profit (loss) | 9901 | €2,858 | €3,954 | +€1,096 | +38.4% |
| Financial income | 75/76B | €85 | €77 | -€8 | -9.4% |
| Recurring financial income | 75 | €85 | €77 | -€8 | -9.4% |
| Financial charges | 65/66B | €281 | €303 | +€22 | +7.9% |
| Recurring financial charges | 65 | €281 | €303 | +€22 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | €2,662 | €3,728 | +€1,066 | +40.0% |
| Income taxes | 67/77 | €765 | €1,043 | +€278 | +36.3% |
| Profit (loss) for the period | 9904 | €1,897 | €2,685 | +€788 | +41.5% |
| Profit (loss) for the period to be appropriated | 9905 | €1,897 | €2,685 | +€788 | +41.5% |
Next steps
Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.