Cox + Partners: what changed
Two fiscal 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 + Partners
Largest movements
- Receivables within one year +€417
new in 2025: €417
- Other debts +€3,406
up €3,406 (+0.9%), from €367,636 to €371,042
- Profit (loss) carried forward -€2,887
down €2,887 (-0.8%), from -€368,547 to -€371,435
- Gross operating margin -€414
down €414 (-22.5%), from -€1,837 to -€2,252
- Financial charges -€40
down €40 (-26.6%), from €151 to €111
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 | €18,113 | €18,607 | +€494 | +2.7% |
| Current assets | 29/58 | €18,113 | €18,607 | +€494 | +2.7% |
| Stocks and contracts in progress | 3 | €17,899 | €17,899 | = | 0.0% |
| Stocks | 30/36 | €17,899 | €17,899 | = | 0.0% |
| Amounts receivable within one year | 40/41 | - | €417 | +€417 | |
| Trade receivables | 40 | - | €417 | +€417 | |
| Cash at bank and in hand | 54/58 | €3 | €72 | +€69 | +2273.8% |
| Deferred charges and accrued income | 490/1 | €211 | €218 | +€7 | +3.3% |
| Total equity and liabilities | 10/49 | €18,113 | €18,607 | +€494 | +2.7% |
| Equity | 10/15 | -€349,947 | -€352,835 | -€2,887 | -0.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€368,547 | -€371,435 | -€2,887 | -0.8% |
| Amounts payable | 17/49 | €368,060 | €371,441 | +€3,381 | +0.9% |
| Amounts payable within one year | 42/48 | €368,060 | €371,441 | +€3,381 | +0.9% |
| Trade debts | 44 | €424 | €399 | -€25 | -5.9% |
| Suppliers | 440/4 | €424 | €399 | -€25 | -5.9% |
| Other amounts payable | 47/48 | €367,636 | €371,042 | +€3,406 | +0.9% |
| Other operating charges | 640/8 | €530 | €525 | -€5 | -1.0% |
| Gross operating margin | 9900 | -€1,837 | -€2,252 | -€414 | -22.5% |
| Operating profit (loss) | 9901 | -€2,367 | -€2,776 | -€409 | -17.3% |
| Financial charges | 65/66B | €151 | €111 | -€40 | -26.6% |
| Recurring financial charges | 65 | €151 | €111 | -€40 | -26.6% |
| Profit (loss) for the period before taxes | 9903 | -€2,519 | -€2,887 | -€369 | -14.6% |
| Profit (loss) for the period | 9904 | -€2,519 | -€2,887 | -€369 | -14.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€2,519 | -€2,887 | -€369 | -14.6% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 5 October 2026 via checked.be.