COX VENTURES: 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 VENTURES
Largest movements
- Current investments -€4,267
down €4,267 (-20.4%), from €20,907 to €16,640
- Profit (loss) carried forward -€5,464
down €5,464 (-2.7%), from -€203,533 to -€208,998
- Gross operating margin +€834
up €834 (+22.1%), from -€3,769 to -€2,936
- Taxes +€60
up €60, from -€25 to €35
- Other operating charges +€44
up €44 (+3.3%), from €1,318 to €1,361
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 | €146,505 | €141,012 | -€5,492 | -3.7% |
| Fixed assets | 21/28 | €125,456 | €124,266 | -€1,190 | -0.9% |
| Tangible fixed assets | 22/27 | €125,456 | €124,266 | -€1,190 | -0.9% |
| Land and buildings | 22 | €125,456 | €124,266 | -€1,190 | -0.9% |
| Current assets | 29/58 | €21,049 | €16,747 | -€4,302 | -20.4% |
| Amounts receivable within one year | 40/41 | €42 | €0 | -€42 | -100.0% |
| Other amounts receivable | 41 | €42 | €0 | -€42 | -100.0% |
| Current investments | 50/53 | €20,907 | €16,640 | -€4,267 | -20.4% |
| Cash at bank and in hand | 54/58 | €19 | €24 | +€5 | +25.3% |
| Deferred charges and accrued income | 490/1 | €81 | €83 | +€2 | +2.7% |
| Total equity and liabilities | 10/49 | €146,505 | €141,012 | -€5,492 | -3.7% |
| Equity | 10/15 | €87,467 | €82,002 | -€5,464 | -6.2% |
| Contributions | 10/11 | €291,000 | €291,000 | = | 0.0% |
| Capital | 10 | €291,000 | €291,000 | = | 0.0% |
| Issued capital | 100 | €291,000 | €291,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€203,533 | -€208,998 | -€5,464 | -2.7% |
| Amounts payable | 17/49 | €59,038 | €59,010 | -€28 | 0.0% |
| Amounts payable within one year | 42/48 | €59,038 | €59,010 | -€28 | 0.0% |
| Trade debts | 44 | €28 | €0 | -€28 | -100.0% |
| Suppliers | 440/4 | €28 | €0 | -€28 | -100.0% |
| Other amounts payable | 47/48 | €59,010 | €59,010 | = | 0.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,190 | €1,190 | = | 0.0% |
| Other operating charges | 640/8 | €1,318 | €1,361 | +€44 | +3.3% |
| Gross operating margin | 9900 | -€3,769 | -€2,936 | +€834 | +22.1% |
| Operating profit (loss) | 9901 | -€6,277 | -€5,487 | +€790 | +12.6% |
| Financial income | 75/76B | €138 | €118 | -€21 | -14.9% |
| Recurring financial income | 75 | €138 | €118 | -€21 | -14.9% |
| Financial charges | 65/66B | €59 | €60 | +€2 | +2.6% |
| Recurring financial charges | 65 | €59 | €60 | +€2 | +2.6% |
| Profit (loss) for the period before taxes | 9903 | -€6,197 | -€5,429 | +€768 | +12.4% |
| Income taxes | 67/77 | -€25 | €35 | +€60 | |
| Profit (loss) for the period | 9904 | -€6,172 | -€5,464 | +€708 | +11.5% |
| Profit (loss) for the period to be appropriated | 9905 | -€6,172 | -€5,464 | +€708 | +11.5% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 1 October 2026 via checked.be.