Coxinel: 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.
Coxinel
Largest movements
- Tangible fixed assets +€14,298
new in 2025: €14,298
of which Other tangible fixed assets: +€11,634
- Receivables within one year -€6,636
down €6,636 (-95.6%), from €6,939 to €303
- Cash -€1,905
down €1,905 (-6.3%), from €30,311 to €28,406
mainly Contributions, distributions and other (-€20,000) and Investment in fixed assets (net) (-€14,910)
- Profit (loss) carried forward +€12,733
up €12,733 (+56.0%), from -€22,731 to -€9,998
- Other debts -€4,717
down €4,717 (-13.6%), from €34,752 to €30,035
- Tax, wage and social debts -€2,119
no longer reported in 2025 (was €2,119)
- Gross operating margin -€29,244
down €29,244 (-48.2%), from €60,624 to €31,380
- Taxes -€15,173
down €15,173, from €13,000 to -€2,173
- Depreciation +€612
new in 2025: €612
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 | €37,630 | €43,387 | +€5,757 | +15.3% |
| Fixed assets | 21/28 | €380 | €14,678 | +€14,298 | +3762.6% |
| Tangible fixed assets | 22/27 | - | €14,298 | +€14,298 | |
| Furniture and vehicles | 24 | - | €2,664 | +€2,664 | |
| Other tangible fixed assets | 26 | - | €11,634 | +€11,634 | |
| Financial fixed assets | 28 | €380 | €380 | = | 0.0% |
| Current assets | 29/58 | €37,250 | €28,709 | -€8,541 | -22.9% |
| Amounts receivable within one year | 40/41 | €6,939 | €303 | -€6,636 | -95.6% |
| Other amounts receivable | 41 | €6,939 | €303 | -€6,636 | -95.6% |
| Cash at bank and in hand | 54/58 | €30,311 | €28,406 | -€1,905 | -6.3% |
| Total equity and liabilities | 10/49 | €37,630 | €43,387 | +€5,757 | +15.3% |
| Equity | 10/15 | -€731 | €12,002 | +€12,733 | |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Capital | 10 | €20,000 | €20,000 | = | 0.0% |
| Issued capital | 100 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €2,000 | €2,000 | = | 0.0% |
| Non-distributable reserves | 130/1 | €2,000 | €2,000 | = | 0.0% |
| Legal reserve | 130 | €2,000 | €2,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€22,731 | -€9,998 | +€12,733 | +56.0% |
| Amounts payable | 17/49 | €38,361 | €31,385 | -€6,976 | -18.2% |
| Amounts payable within one year | 42/48 | €38,361 | €31,385 | -€6,976 | -18.2% |
| Trade debts | 44 | €1,490 | €1,350 | -€140 | -9.4% |
| Suppliers | 440/4 | €1,490 | €1,350 | -€140 | -9.4% |
| Taxes, remuneration and social security | 45 | €2,119 | - | -€2,119 | |
| Remuneration and social security | 454/9 | €2,119 | - | -€2,119 | |
| Other amounts payable | 47/48 | €34,752 | €30,035 | -€4,717 | -13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €612 | +€612 | |
| Gross operating margin | 9900 | €60,624 | €31,380 | -€29,244 | -48.2% |
| Operating profit (loss) | 9901 | €60,624 | €30,768 | -€29,856 | -49.2% |
| Financial charges | 65/66B | €190 | €208 | +€18 | +9.5% |
| Recurring financial charges | 65 | €190 | €208 | +€18 | +9.5% |
| Profit (loss) for the period before taxes | 9903 | €60,434 | €30,560 | -€29,874 | -49.4% |
| Income taxes | 67/77 | €13,000 | -€2,173 | -€15,173 | |
| Profit (loss) for the period | 9904 | €47,434 | €32,733 | -€14,701 | -31.0% |
| Profit (loss) for the period to be appropriated | 9905 | €47,434 | €32,733 | -€14,701 | -31.0% |
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 6 October 2026 via checked.be.