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JUST SAY SO

Active
Private limited company (pre-2019)founded 2011active for 15 yearsDorentstraat 1, 1980 Zemst, BelgiumKBO/BCE: BE 0832.812.009

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

The computed 12-month bankruptcy probability of JUST SAY SO is 2.4% (moderate). The 2024 annual accounts show equity of €154,179 and a net result of -€38,087. Equity has been growing by about 27% per year since 2018. Its solvency ranks better than 32% of 37,585 sector peers (NACE 70, financial year 2024). The company has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Official details

KBO
Status
Active since 14-01-2011 Normal situation
Activity
Business and other management consultancy NACE 70200and 5 others
Establishment unit
2.195.226.301 1980 Zemst, since 14-01-2011
Financial year end
31 December
Peppol
Reachable

Board and ownership

Board
  • Glorieux OlivierDirector
  • Horvàth ZsofiaDirector

Financial position

51 Fair Checked score 2024
Bankruptcy probabilitywithin 12 months
2.4%
Annual accounts 2024
Gross margin
€5,018
▼ 88.5%
Turnover
≈ €23,000
estimated
Loss
€38,087
Equity
€154,179
▼ 19.8%
Total assets
€420,855
▼ 10.9%
2025 accounts not filed, 93 days past the deadline
Filed on 22-09-2025PDF
Score breakdownraises riskLiquidity: current ratio 0.90, cash €0, halved1 financial year not filed after the legal deadline; last filed accounts filed 53 days late; 2 of the last 3 accounts lateFigures for financial year 2024 (filed on 22-09-2025)lowers riskSector: Activities of head offices; management consultancy activities (NACE 70)Show the evidence

Checked score

Score 2024
51 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially stronger than 20% of micro companies in head offices and management consultancy (NACE 70)
Financial strength · tick: 2023
Weak
Solvency 62-4
equity 36.6% of total assets
Liquidity 27-7
short-term debt 46.6% · cash 0.0%
Profitability 7-51
return on assets -9.0%
Bankruptcy probability within 12 months
2.4% Moderate
0%0.5%1.5%4%10%≥ 25%

About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.1% (48,516 companies, NACE 70, micro)
Last 24 months 11-2024: 0.3%lowest value 12-2024: 0.3%● unchanged vs 11-2024lowest value 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.3%● unchanged vs 04-2025 06-2025: 0.3%● unchanged vs 05-2025 07-2025: 0.4%▲ +0.1 percentage points vs 06-2025 08-2025: 0.6%▲ +0.2 percentage points vs 07-2025 09-2025: 0.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.6%▲ +1.9 percentage points vs 09-2025 11-2025: 2.6%● unchanged vs 10-2025 12-2025: 2.6%● unchanged vs 11-2025 01-2026: 2.6%● unchanged vs 12-2025 02-2026: 2.6%● unchanged vs 01-2026 03-2026: 2.6%● unchanged vs 02-2026highest value 04-2026: 2.5%▼ -0.1 percentage points vs 03-2026 05-2026: 2.3%▼ -0.2 percentage points vs 04-2026 06-2026: 2.2%▼ -0.1 percentage points vs 05-2026 07-2026: 2.0%▼ -0.2 percentage points vs 06-2026 08-2026: 2.5%▲ +0.5 percentage points vs 07-2026 09-2026: 2.1%▼ -0.4 percentage points vs 08-2026 10-2026: 2.4%▲ +0.3 percentage points vs 09-2026
Credit of up to €7,000 on 30-day terms, only on tighter conditions: an expected filing is missing beyond Checked's processing allowance
Liquidity is insufficient, with a current ratio of 0.9 (1.16 in 2023), below 1. Short-term debt is 46.6% and cash 0% of total assets. 63.4% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 70, micro). It does better than 35% of them on solvency, 11% on liquidity, 10% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Six signals.
lowers riskraises risk
raises risk · Liquidity: current ratio 0.90, cash €0, halved
NBB · annual accounts
lowers risk · Sector: Activities of head offices; management consultancy activities (NACE 70)
KBO
raises risk · 1 financial year not filed after the legal deadline; last filed accounts filed 53 days late; 2 of the last 3 accounts late
NBB · filings
raises risk · Figures for financial year 2024 (filed on 22-09-2025)
NBB · annual accounts
raises risk · Annual accounts not filed
The financial year that closed on 31-12-2025 was due at the National Bank by 31-07-2026. Nothing is on record, 93 days later.
NBB · 10 filings
Position against the passed deadline
31-12-2025 year end31-07-2026 deadline01-11-2026 today
raises risk · 2024 accounts filed 53 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-09-2025, 53 days later. Nearly half (47%) of Belgian companies file late; of those that file 1 to 90 days late, 2.0% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers. A delay like this does not count in the score.
NBB · 10 filings
Deviation from the deadline
2025
not filed
2024
53 days late
2023
34 days late
2022
46 days early
2021
32 days early
2020
32 days early
2019
13 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 6 accounts on average 2 days before the deadline. In the sector (NACE 70), the median for financial year 2024 was 9 days before the deadline, and 32% of those companies filed late.

Searched, nothing found (1)
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Caution: Lower net result than 95% of companies in head offices and management consultancysector median €26,137 · 37,610 companies -€38,087 View

Comparable companies

These companies have the same main activity as JUST SAY SO: business and other management consultancy (NACE 70200). They are comparable in size and age: total assets between €399,000 and €475,000, founded between 2010 and 2013.

CompanyTotal assetsGross margin
JUST SAY SO Zemst€420,855€5,018
LEONASTER Leuven€433,535€5,866
ARCADYS Verlaine€398,768€5,071
EMPIRICAL Consulting Quévy€470,621€5,064
MIVERMALA Tournai€474,596€5,077
VDK Bree€456,276€4,648
Astrid Consulting Esneux€429,241€5,231
Full comparison

Documents

Annual accounts at the NBB

All 14 annual accounts

Acts in the Belgian Official Gazette

All publications in the Belgian Official Gazette

Articles and registers

Key facts about JUST SAY SO

What is the company number of JUST SAY SO?
The company number of JUST SAY SO is 0832.812.009. The VAT number is the same number with BE in front: BE 0832.812.009.
Where is JUST SAY SO based?
The registered office is at Dorentstraat 1, 1980 Zemst.Company details
What does JUST SAY SO do?
According to the KBO register, the main activity is business and other management consultancy (NACE 70200).
What is the legal form of JUST SAY SO?
The legal form of JUST SAY SO is Private limited company (pre-2019) (BVBA).
When was JUST SAY SO founded?
JUST SAY SO was founded on 14-01-2011.
Is JUST SAY SO still active?
Yes, JUST SAY SO is an active enterprise in the KBO register.
What is the turnover of JUST SAY SO?
The turnover in financial year 2024 is ≈ €23,000. This figure is estimated from the gross margin of €5,018 and 205 comparable companies (NACE 70200). It probably lies between €11,000 and €47,000. It is a rough estimate.Financials
Is JUST SAY SO profitable?
In financial year 2024, JUST SAY SO made a loss of €38,087.
Where can I find the annual accounts of JUST SAY SO?
JUST SAY SO filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2024.Annual accounts 2024 (PDF)

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