JOHN COCKERILL TRACTION: 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.
What changed
JOHN COCKERILL TRACTION
NACE 52.210, Service activities incidental to land transportation
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€127,929
2024 · €75,596+€52,333
Equity
€1.1m
2024 · €1.1m-€22,071
Cash
-
not filed
Balance sheet total
€4.6m
2024 · €3.9m+€752,607
Largest movements
Assets
- Receivables within one year +€894,018
up €894,018 (+26.6%), from €3.4m to €4.3m
of which Other amounts receivable: +€637,964
- Stocks and contracts -€138,120
down €138,120 (-27.4%), from €503,653 to €365,533
of which Contracts in progress: -€138,225
Equity and liabilities
- Trade debts +€463,493
up €463,493 (+50.1%), from €925,353 to €1.4m
- Advances received +€377,656
up €377,656 (+69.1%), from €546,440 to €924,096
- Tax, wage and social debts -€245,080
down €245,080 (-19.7%), from €1.2m to €996,445
of which Taxes: -€211,301
- Other debts +€150,000
new in 2025: €150,000
Income statement
- Turnover +€672,531
up €672,531 (+9.0%), from €7.5m to €8.2m
- Services and other goods +€291,397
up €291,397 (+18.2%), from €1.6m to €1.9m
- Goods and materials -€111,832
down €111,832 (-5.9%), from €1.9m to €1.8m
of which Purchases: -€126,622
- Other operating charges +€95,248
up €95,248 (+22.6%), from €421,050 to €516,299
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.
Result 2024
€75,596
Turnover
+€672,531
Other operating income
+€2,235
Goods and materials
+€111,832
Services and other goods
-€291,397
Staff costs
+€55,710
Depreciation
+€413
Provisions
-€8,505
Other operating charges
-€95,248
Other operating items
-€421,806
Financial income
+€31,831
Financial charges
+€146
Taxes
-€5,409
Result 2025
€127,929
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
Cash or the result is not a separate line in both sets of accounts; the cash flow cannot be derived from them.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €3,890,914 | €4,643,521 | +€752,607 | +19.3% |
| Fixed assets | 21/28 | €16,154 | €15,973 | -€180 | -1.1% |
| Tangible fixed assets | 22/27 | €15,274 | €15,093 | -€180 | -1.2% |
| Furniture and vehicles | 24 | €180 | - | -€180 | |
| Assets under construction and advance payments | 27 | €15,093 | €15,093 | = | 0.0% |
| Financial fixed assets | 28 | €880 | €880 | = | 0.0% |
| Other financial fixed assets | 284/8 | €880 | €880 | = | 0.0% |
| Amounts receivable and cash guarantees | 285/8 | €880 | €880 | = | 0.0% |
| Current assets | 29/58 | €3,874,761 | €4,627,548 | +€752,787 | +19.4% |
| Stocks and contracts in progress | 3 | €503,653 | €365,533 | -€138,120 | -27.4% |
| Stocks | 30/36 | €14,894 | €14,999 | +€105 | +0.7% |
| Goods purchased for resale | 34 | €14,894 | €14,999 | +€105 | +0.7% |
| Contracts in progress | 37 | €488,759 | €350,534 | -€138,225 | -28.3% |
| Amounts receivable within one year | 40/41 | €3,360,229 | €4,254,247 | +€894,018 | +26.6% |
| Trade receivables | 40 | €2,704,182 | €2,960,237 | +€256,055 | +9.5% |
| Other amounts receivable | 41 | €656,047 | €1,294,010 | +€637,964 | +97.2% |
| Deferred charges and accrued income | 490/1 | €10,879 | €7,767 | -€3,111 | -28.6% |
| Total equity and liabilities | 10/49 | €3,890,914 | €4,643,521 | +€752,607 | +19.3% |
| Equity | 10/15 | €1,128,819 | €1,106,748 | -€22,071 | -2.0% |
| Contributions | 10/11 | €745,000 | €745,000 | = | 0.0% |
| Capital | 10 | €745,000 | €745,000 | = | 0.0% |
| Issued capital | 100 | €745,000 | €745,000 | = | 0.0% |
| Reserves | 13 | €198,500 | €198,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €74,500 | €74,500 | = | 0.0% |
| Legal reserve | 130 | €74,500 | €74,500 | = | 0.0% |
| Distributable reserves | 133 | €124,000 | €124,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €185,319 | €163,248 | -€22,071 | -11.9% |
| Provisions and deferred taxes | 16 | €38,798 | €55,723 | +€16,925 | +43.6% |
| Provisions for liabilities and charges | 160/5 | €38,798 | €55,723 | +€16,925 | +43.6% |
| Pensions and similar obligations | 160 | €38,798 | €55,723 | +€16,925 | +43.6% |
| Amounts payable | 17/49 | €2,723,298 | €3,481,051 | +€757,753 | +27.8% |
| Amounts payable within one year | 42/48 | €2,713,318 | €3,459,387 | +€746,069 | +27.5% |
| Trade debts | 44 | €925,353 | €1,388,846 | +€463,493 | +50.1% |
| Suppliers | 440/4 | €925,353 | €1,388,846 | +€463,493 | +50.1% |
| Advances received on contracts in progress | 46 | €546,440 | €924,096 | +€377,656 | +69.1% |
| Taxes, remuneration and social security | 45 | €1,241,525 | €996,445 | -€245,080 | -19.7% |
| Taxes | 450/3 | €507,536 | €296,235 | -€211,301 | -41.6% |
| Remuneration and social security | 454/9 | €733,989 | €700,210 | -€33,779 | -4.6% |
| Other amounts payable | 47/48 | - | €150,000 | +€150,000 | |
| Accrued charges and deferred income | 492/3 | €9,979 | €21,663 | +€11,684 | +117% |
| Operating income | 70/76A | €8,064,968 | €8,317,929 | +€252,960 | +3.1% |
| Turnover | 70 | €7,514,241 | €8,186,772 | +€672,531 | +9.0% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | €283,581 | -€138,225 | -€421,806 | |
| Other operating income | 74 | €267,146 | €269,381 | +€2,235 | +0.8% |
| Operating charges | 60/66A | €7,835,344 | €8,062,539 | +€227,195 | +2.9% |
| Goods for resale, raw materials and consumables | 60 | €1,898,190 | €1,786,357 | -€111,832 | -5.9% |
| Purchases | 600/8 | €1,913,084 | €1,786,462 | -€126,622 | -6.6% |
| Change in stocks: decrease (increase) | 609 | -€14,894 | -€105 | +€14,789 | +99.3% |
| Services and other goods | 61 | €1,600,136 | €1,891,532 | +€291,397 | +18.2% |
| Remuneration, social security and pensions | 62 | €3,906,955 | €3,851,246 | -€55,710 | -1.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €593 | €180 | -€413 | -69.6% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €8,420 | €16,925 | +€8,505 | +101% |
| Other operating charges | 640/8 | €421,050 | €516,299 | +€95,248 | +22.6% |
| Operating profit (loss) | 9901 | €229,624 | €255,390 | +€25,765 | +11.2% |
| Financial income | 75/76B | €14,572 | €46,403 | +€31,831 | +218% |
| Recurring financial income | 75 | €14,572 | €46,403 | +€31,831 | +218% |
| Income from current assets | 751 | €13,255 | €46,156 | +€32,900 | +248% |
| Other financial income | 752/9 | €1,317 | €248 | -€1,069 | -81.2% |
| Financial charges | 65/66B | €923 | €777 | -€146 | -15.8% |
| Recurring financial charges | 65 | €923 | €777 | -€146 | -15.8% |
| Other financial charges | 652/9 | €923 | €777 | -€146 | -15.8% |
| Profit (loss) for the period before taxes | 9903 | €243,274 | €301,016 | +€57,742 | +23.7% |
| Income taxes | 67/77 | €167,678 | €173,087 | +€5,409 | +3.2% |
| Taxes | 670/3 | €167,678 | €173,781 | +€6,103 | +3.6% |
| Tax adjustments and reversals of tax provisions | 77 | - | €693 | +€693 | |
| Profit (loss) for the period | 9904 | €75,596 | €127,929 | +€52,333 | +69.2% |
| Profit (loss) for the period to be appropriated | 9905 | €75,596 | €127,929 | +€52,333 | +69.2% |
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 26 October 2026 via checked.be.