Bay Consulting: 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.
Bay Consulting
Largest movements
- Cash -€51,466
down €51,466 (-32.6%), from €157,876 to €106,410
mainly Trade debts (-€31,588) and Receivables within one year (-€18,912)
- Receivables within one year +€18,912
up €18,912 (+18.1%), from €104,442 to €123,354
of which Other amounts receivable: +€17,889
- Current investments +€9,635
up €9,635 (+2.6%), from €367,119 to €376,754
- Trade debts -€31,588
down €31,588 (-88.5%), from €35,697 to €4,109
- Accrued charges and deferred income +€9,635
up €9,635 (+39.4%), from €24,478 to €34,113
- Gross operating margin -€2,546
down €2,546 (-50.5%), from €5,037 to €2,491
- Financial charges -€766
down €766 (-90.1%), from €850 to €84
- Financial income +€442
up €442 (+66.7%), from €663 to €1,106
- Taxes +€347
up €347 (+43.8%), from €792 to €1,139
- Other operating charges -€126
down €126 (-6.2%), from €2,035 to €1,910
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.
Derived cash bridge
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 | €635,166 | €610,676 | -€24,490 | -3.9% |
| Fixed assets | 21/28 | €5,454 | €3,874 | -€1,580 | -29.0% |
| Tangible fixed assets | 22/27 | €4,454 | €2,874 | -€1,580 | -35.5% |
| Furniture and vehicles | 24 | €1,121 | €657 | -€464 | -41.4% |
| Other tangible fixed assets | 26 | €3,333 | €2,217 | -€1,116 | -33.5% |
| Financial fixed assets | 28 | €1,000 | €1,000 | = | 0.0% |
| Current assets | 29/58 | €629,712 | €606,803 | -€22,909 | -3.6% |
| Amounts receivable within one year | 40/41 | €104,442 | €123,354 | +€18,912 | +18.1% |
| Trade receivables | 40 | €56,892 | €57,915 | +€1,023 | +1.8% |
| Other amounts receivable | 41 | €47,550 | €65,439 | +€17,889 | +37.6% |
| Current investments | 50/53 | €367,119 | €376,754 | +€9,635 | +2.6% |
| Cash at bank and in hand | 54/58 | €157,876 | €106,410 | -€51,466 | -32.6% |
| Deferred charges and accrued income | 490/1 | €276 | €285 | +€9 | +3.4% |
| Total equity and liabilities | 10/49 | €635,166 | €610,676 | -€24,490 | -3.9% |
| Equity | 10/15 | €536,201 | €535,084 | -€1,116 | -0.2% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Contributions outside capital | 11 | €12,400 | €12,400 | = | 0.0% |
| Other | 1109/19 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €72,013 | €72,013 | = | 0.0% |
| Distributable reserves | 133 | €72,013 | €72,013 | = | 0.0% |
| Profit (loss) carried forward | 14 | €451,787 | €450,671 | -€1,116 | -0.2% |
| Amounts payable | 17/49 | €98,965 | €75,592 | -€23,373 | -23.6% |
| Amounts payable within one year | 42/48 | €74,487 | €41,479 | -€33,008 | -44.3% |
| Trade debts | 44 | €35,697 | €4,109 | -€31,588 | -88.5% |
| Suppliers | 440/4 | €35,697 | €4,109 | -€31,588 | -88.5% |
| Taxes, remuneration and social security | 45 | €3,120 | €2,537 | -€583 | -18.7% |
| Taxes | 450/3 | €3,120 | €2,537 | -€583 | -18.7% |
| Other amounts payable | 47/48 | €35,671 | €34,834 | -€837 | -2.3% |
| Accrued charges and deferred income | 492/3 | €24,478 | €34,113 | +€9,635 | +39.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,667 | €1,580 | -€87 | -5.2% |
| Other operating charges | 640/8 | €2,035 | €1,910 | -€126 | -6.2% |
| Gross operating margin | 9900 | €5,037 | €2,491 | -€2,546 | -50.5% |
| Operating profit (loss) | 9901 | €1,334 | -€999 | -€2,333 | |
| Financial income | 75/76B | €663 | €1,106 | +€442 | +66.7% |
| Recurring financial income | 75 | €663 | €1,106 | +€442 | +66.7% |
| Financial charges | 65/66B | €850 | €84 | -€766 | -90.1% |
| Recurring financial charges | 65 | €850 | €84 | -€766 | -90.1% |
| Profit (loss) for the period before taxes | 9903 | €1,147 | €23 | -€1,125 | -98.0% |
| Income taxes | 67/77 | €792 | €1,139 | +€347 | +43.8% |
| Profit (loss) for the period | 9904 | €355 | -€1,116 | -€1,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €355 | -€1,116 | -€1,471 |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.