ACTIVE

COX

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Financial year 2025 · closed on 31/12/2025

Net result

85 k €

-22.5% YoY

Gross margin

374,1 k €

+3.6% YoY

Equity

742,4 k €

+4.4% YoY

Workforce

2,2 ETP

What does COX do?

COX is a Private limited company incorporated in 1984. Its main activity is: Dispensing chemist in specialised stores. Its registered office is in Hasselt. It employs on average 2,2 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0426.728.635

Incorporation

10/12/1984

Legal form

Private limited company

Registered office

Joris van Oostenrijkstraat 66
3511 Hasselt · FlandreSee on map

Contributed capital

18 592,01 €

Latest accounts

31/12/2025

Average workforce

2,2 ETP

Activities (NACE)

47730Dispensing chemist in specialised stores· main 47730Dispensing chemist in specialised stores 52310Warehousing and support activities for transportation

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	374,1 k €	+3.6%	361,1 k €	+17.0%	308,7 k €	-9.5%	340,9 k €	+6.8%	319,1 k €	-0.1%	319,5 k €	+2.1%	312,8 k €	+2.6%	305 k €	+0.8%	302,6 k €	+8.0%	280,1 k €	-4.6%	293,8 k €	+3.8%	282,9 k €	+0.4%	281,8 k €	+2.8%	274 k €	+17.2%	233,8 k €	+10.7%	211,1 k €	+15.3%	183,2 k €	-9.4%	202,3 k €	-1.4%	205,1 k €	+11.3%	184,4 k €
EBITDA	190,7 k €	-4.4%	199,5 k €	+54.7%	128,9 k €	-24.6%	170,9 k €	+2.1%	167,4 k €	-1.0%	169 k €	+2.9%	164,3 k €	+9.8%	149,6 k €	-11.4%	168,8 k €	+10.5%	152,7 k €	+16.2%	131,4 k €	-0.8%	132,5 k €	+6.0%	125 k €	-4.1%	130,4 k €	+36.9%	95,3 k €	+17.7%	81 k €	+96.8%	41,1 k €	-37.1%	65,4 k €	-21.5%	83,3 k €	+66.7%	50 k €
Operating result	143,9 k €	-11.4%	162,5 k €	+84.1%	88,3 k €	-40.0%	147 k €	-9.1%	161,8 k €	-1.0%	163,4 k €	+3.0%	158,7 k €	+9.6%	144,9 k €	-7.0%	155,8 k €	+11.3%	139,9 k €	+18.9%	117,6 k €	-0.6%	118,4 k €	+6.4%	111,2 k €	-4.8%	116,8 k €	+32.0%	88,5 k €	+18.1%	74,9 k €	+123%	33,6 k €	-42.3%	58,2 k €	-16.2%	69,5 k €	+97.2%	35,2 k €
Net result	85 k €	-22.5%	109,7 k €	+83.9%	59,7 k €	-48.7%	116,2 k €	-6.7%	124,6 k €	+1.9%	122,3 k €	+7.7%	113,5 k €	+6.9%	106,1 k €	-2.8%	109,2 k €	+11.5%	97,9 k €	+11.4%	87,9 k €	+0.1%	87,9 k €	-10.9%	98,6 k €	+2.6%	96,1 k €	+25.6%	76,5 k €	+16.8%	65,5 k €	+76.4%	37,2 k €	-28.6%	52,1 k €	-11.0%	58,5 k €	+64.4%	35,6 k €
Balance sheet
Equity	742,4 k €	+4.4%	710,9 k €	-12.9%	816,5 k €	+7.9%	756,9 k €	+2.5%	738,6 k €	-10.7%	827,4 k €	+4.3%	793 k €	+16.7%	679,5 k €	+18.5%	573,4 k €	-22.8%	742,3 k €	+15.2%	644,4 k €	+15.8%	556,5 k €	+3.3%	538,6 k €	+14.4%	470,9 k €	+25.6%	374,8 k €	+25.6%	298,3 k €	+28.1%	232,8 k €	+19.0%	195,6 k €	+36.3%	143,6 k €	-30.0%	205,1 k €
Total assets	917,9 k €	+7.5%	854 k €	-8.5%	933,6 k €	+0.6%	928,3 k €	+6.4%	872,5 k €	-3.8%	907 k €	-1.3%	919,1 k €	+20.9%	760,5 k €	-13.1%	874,7 k €	+7.7%	812,1 k €	+12.3%	723,2 k €	+4.2%	694,3 k €	+4.3%	665,9 k €	+3.2%	645,2 k €	+30.2%	495,6 k €	+13.3%	437,3 k €	+26.2%	346,6 k €	+2.5%	338,2 k €	-4.4%	353,7 k €	+0.6%	351,7 k €
Cash	234,9 k €	+34.4%	174,8 k €	-15.1%	205,8 k €	+7.3%	191,9 k €	-58.3%	459,9 k €	+53.3%	300 k €	-9.5%	331,5 k €	+65.0%	200,9 k €	-20.2%	251,9 k €	+40.3%	179,5 k €	+50.7%	119,1 k €	+52.7%	78 k €	-64.3%	218,2 k €	-19.7%	271,8 k €	+29.0%	210,7 k €	+33.6%	157,8 k €	+73.3%	91 k €	+23.7%	73,6 k €	-16.4%	88,1 k €	+30.4%	67,5 k €
Debts	165,2 k €	+18.5%	139,4 k €	+26.0%	110,6 k €	-33.4%	165,9 k €	+26.8%	130,9 k €	+72.3%	76 k €	-38.0%	122,4 k €	+53.3%	79,8 k €	-73.4%	300,4 k €	+334%	69,2 k €	-11.4%	78,2 k €	-43.0%	137,2 k €	+8.5%	126,5 k €	-26.7%	172,6 k €	+43.7%	120,1 k €	-13.0%	138,1 k €	+22.0%	113,2 k €	-19.4%	140,4 k €	-32.1%	206,9 k €	+44.0%	143,7 k €
Other
Workforce	2,2 ETP		–		2,4 ETP		–		2,3 ETP	0.0%	2,3 ETP	0.0%	2,3 ETP	-4.2%	2,4 ETP	+20.0%	2,0 ETP	-13.0%	2,3 ETP	-11.5%	2,6 ETP	+4.0%	2,5 ETP	+4.2%	2,4 ETP	+33.3%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	-5.3%	1,9 ETP	0.0%	1,9 ETP	+11.8%	1,7 ETP	-10.5%	1,9 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

CONSTANT COX

Director · since 17 décembre 1997

Active

Ended mandates

Constant Cox

Director

Ended

CONSTANT COX

Manager

Ended

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Micro model	Abridged model	Micro model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	22/07/2026	14/08/2025	08/08/2024	25/08/2023	14/06/2022	01/06/2021
General meeting	23/05/2026	24/05/2025	25/05/2024	27/05/2023	28/05/2022	22/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	23/05/2026	22/07/2026	Dutch	PDF
Micro model	31/12/2024	24/05/2025	14/08/2025	Dutch	PDF
Abridged model	31/12/2023	25/05/2024	08/08/2024	Dutch	PDF
Micro model	31/12/2022	27/05/2023	25/08/2023	Dutch	PDF
Abridged model	31/12/2021	28/05/2022	14/06/2022	Dutch	PDF
Abridged model	31/12/2020	22/05/2021	01/06/2021	Dutch	PDF
Abridged model	31/12/2019	23/05/2020	23/06/2020	Dutch	PDF
Abridged model	31/12/2018	25/05/2019	06/06/2019	Dutch	PDF
Abridged model	31/12/2017	26/05/2018	22/06/2018	Dutch	PDF
Abridged model	31/12/2016	27/05/2017	14/06/2017	Dutch	PDF
Abridged model	31/12/2015	28/05/2016	30/06/2016	Dutch	PDF
Abridged model	31/12/2014	23/05/2015	31/08/2015	Dutch	PDF
Abridged model	31/12/2013	30/06/2014	24/07/2014	Dutch	PDF
Abridged model	31/12/2012	28/06/2013	07/08/2013	Dutch	PDF
Abridged model	31/12/2011	30/06/2012	28/08/2012	Dutch	PDF
Abridged model	31/12/2010	30/06/2011	26/08/2011	Dutch	PDF
Abridged model	31/12/2009	30/06/2010	25/08/2010	Dutch	PDF
Abridged model	31/12/2008	13/06/2009	06/07/2009	Dutch	PDF
Abridged model	31/12/2007	14/06/2008	08/07/2008	Dutch	PDF
Abridged model	31/12/2006	26/05/2007	14/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan

Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/12/2025 · 1 active · 2 ended

Active mandates

CONSTANT COX

Director · since 17 décembre 1997

Active

Ended mandates

Constant Cox

Director

Ended

CONSTANT COX

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates19/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DOEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Capital / shares25/01/2018
KAPITAAL - AANDELEN
PDF
Capital / shares23/01/2014
KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF
Capital / shares13/02/2006
KAPITAAL - AANDELEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

2025
Annual accounts 202585 k €↓
2024
Annual accounts 2024109,7 k €↑
2023
Annual accounts 202359,7 k €↓
2022
Annual accounts 2022116,2 k €↓
2021
Annual accounts 2021124,6 k €↑
2020
Annual accounts 2020122,3 k €↑
2019
Annual accounts 2019113,5 k €↑
2018
Annual accounts 2018106,1 k €↓
2017
Annual accounts 2017109,2 k €↑
2016
Annual accounts 201697,9 k €↑
2015
Annual accounts 201587,9 k €↑
2014
Annual accounts 201487,9 k €↓
2013
Annual accounts 201398,6 k €↑
2012
Annual accounts 201296,1 k €↑
2011
Annual accounts 201176,5 k €↑
2010
Annual accounts 201065,5 k €↑
2009
Annual accounts 200937,2 k €↓
2008
Annual accounts 200852,1 k €↓
2007
Annual accounts 200758,5 k €↑
2006
Annual accounts 200635,6 k €
10/12/1984
IncorporationPrivate limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

COX

Overview

What does COX do?

Trend over 20 financial years

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline