COX Houtprojecten: 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 Houtprojecten
Largest movements
- Cash +€77,703
up €77,703 (+80.0%), from €97,158 to €174,860
mainly Net result for the year (+€45,394) and Depreciation (+€29,444)
- Tangible fixed assets -€15,905
down €15,905 (-19.8%), from €80,497 to €64,592
of which Furniture and vehicles: -€8,778
- Stocks and contracts -€14,968
down €14,968 (-36.4%), from €41,110 to €26,142
- Receivables within one year -€3,007
down €3,007 (-21.8%), from €13,783 to €10,776
of which Trade receivables: -€3,182
- Reserves +€41,734
up €41,734 (+27.5%), from €151,808 to €193,542
- Trade debts -€10,471
down €10,471 (-56.4%), from €18,563 to €8,092
- Tax, wage and social debts +€6,689
up €6,689 (+331%), from €2,022 to €8,711
- Other debts +€4,727
up €4,727 (+10.2%), from €46,132 to €50,859
- Gross operating margin +€26,790
up €26,790 (+39.7%), from €67,486 to €94,276
- Taxes +€9,461
up €9,461 (+131%), from €7,250 to €16,711
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 | €238,904 | €281,638 | +€42,734 | +17.9% |
| Fixed assets | 21/28 | €80,497 | €64,592 | -€15,905 | -19.8% |
| Tangible fixed assets | 22/27 | €80,497 | €64,592 | -€15,905 | -19.8% |
| Plant, machinery and equipment | 23 | €16,929 | €11,226 | -€5,704 | -33.7% |
| Furniture and vehicles | 24 | €57,852 | €49,073 | -€8,778 | -15.2% |
| Other tangible fixed assets | 26 | €5,716 | €4,293 | -€1,423 | -24.9% |
| Current assets | 29/58 | €158,407 | €217,046 | +€58,638 | +37.0% |
| Stocks and contracts in progress | 3 | €41,110 | €26,142 | -€14,968 | -36.4% |
| Stocks | 30/36 | €41,110 | €26,142 | -€14,968 | -36.4% |
| Amounts receivable within one year | 40/41 | €13,783 | €10,776 | -€3,007 | -21.8% |
| Trade receivables | 40 | €6,670 | €3,487 | -€3,182 | -47.7% |
| Other amounts receivable | 41 | €7,113 | €7,288 | +€175 | +2.5% |
| Cash at bank and in hand | 54/58 | €97,158 | €174,860 | +€77,703 | +80.0% |
| Deferred charges and accrued income | 490/1 | €6,357 | €5,268 | -€1,089 | -17.1% |
| Total equity and liabilities | 10/49 | €238,904 | €281,638 | +€42,734 | +17.9% |
| Equity | 10/15 | €170,408 | €212,142 | +€41,734 | +24.5% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €151,808 | €193,542 | +€41,734 | +27.5% |
| Distributable reserves | 133 | €151,808 | €193,542 | +€41,734 | +27.5% |
| Amounts payable | 17/49 | €68,496 | €69,496 | +€1,000 | +1.5% |
| Amounts payable within one year | 42/48 | €66,717 | €67,662 | +€946 | +1.4% |
| Trade debts | 44 | €18,563 | €8,092 | -€10,471 | -56.4% |
| Suppliers | 440/4 | €18,563 | €8,092 | -€10,471 | -56.4% |
| Taxes, remuneration and social security | 45 | €2,022 | €8,711 | +€6,689 | +331% |
| Taxes | 450/3 | €2,022 | €8,711 | +€6,689 | +331% |
| Other amounts payable | 47/48 | €46,132 | €50,859 | +€4,727 | +10.2% |
| Accrued charges and deferred income | 492/3 | €1,779 | €1,833 | +€55 | +3.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €29,881 | €29,444 | -€438 | -1.5% |
| Other operating charges | 640/8 | €1,868 | €1,642 | -€226 | -12.1% |
| Gross operating margin | 9900 | €67,486 | €94,276 | +€26,790 | +39.7% |
| Operating profit (loss) | 9901 | €35,737 | €63,191 | +€27,454 | +76.8% |
| Financial income | 75/76B | €645 | €927 | +€283 | +43.8% |
| Recurring financial income | 75 | €645 | €927 | +€283 | +43.8% |
| Financial charges | 65/66B | €1,910 | €2,013 | +€104 | +5.4% |
| Recurring financial charges | 65 | €1,910 | €2,013 | +€104 | +5.4% |
| Profit (loss) for the period before taxes | 9903 | €34,472 | €62,105 | +€27,633 | +80.2% |
| Income taxes | 67/77 | €7,250 | €16,711 | +€9,461 | +131% |
| Profit (loss) for the period | 9904 | €27,222 | €45,394 | +€18,171 | +66.8% |
| Profit (loss) for the period to be appropriated | 9905 | €27,222 | €45,394 | +€18,171 | +66.8% |
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 29 October 2026 via checked.be.