JUST SAY YES: what changed
What changed
JUST SAY YES
NACE 70.200, Business and other management consultancy
filed annual accounts (NBB)
Net result for the year
-€51,220
2024 · €81,643-€132,863
Equity
€194,957
2024 · €246,176-€51,220
Cash
€43,631
2024 · €128,471-€84,840
Balance sheet total
€471,824
2024 · €568,699-€96,875
Largest movements
Assets
- Cash -€84,840
down €84,840 (-66.0%), from €128,471 to €43,631
mainly Net result for the year (-€51,220) and Tax, wage and social debts (-€24,526)
- Receivables within one year -€11,471
down €11,471 (-57.8%), from €19,845 to €8,374
of which Trade receivables: -€13,155
Equity and liabilities
- Profit (loss) carried forward -€51,220
new in 2025: -€51,220
- Tax, wage and social debts -€24,526
down €24,526 (-90.3%), from €27,151 to €2,624
of which Taxes: -€23,287
- Debts after one year -€24,468
down €24,468 (-9.5%), from €258,225 to €233,757
Income statement
- Gross operating margin -€166,994
down €166,994, from €166,667 to -€327
- Taxes -€32,887
down €32,887 (-97.8%), from €33,624 to €737
- Depreciation +€2,114
up €2,114 (+17.2%), from €12,299 to €14,413
- Staff costs -€2,011
down €2,011 (-6.8%), from €29,644 to €27,633
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
€81,643
Gross operating margin
-€166,994
Staff costs
+€2,011
Depreciation
-€2,114
Other operating charges
+€1,060
Financial income
-€1
Financial charges
+€287
Taxes
+€32,887
Result 2025
-€51,220
raises the resultlowers the result
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
-€47,320
Investment
-€13,574
Financing
-€23,947
Cash 2024
€128,471
From operations (derived)
-€47,320
Net result for the year
-€51,220
Depreciation
+€14,413
Receivables within one year
+€11,471
Deferred charges and accrued income
-€275
Trade debts
+€2,778
Tax, wage and social debts
-€24,526
Smaller working-capital items
+€40
Investment (derived)
-€13,574
Investment in fixed assets (net)
-€13,574
Financing
-€23,947
Debts after one year
-€24,468
Current portion of long-term debt
+€521
Cash 2025
€43,631
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €568,699 | €471,824 | -€96,875 | -17.0% |
| Fixed assets | 21/28 | €418,932 | €418,093 | -€839 | -0.2% |
| Tangible fixed assets | 22/27 | €418,932 | €418,093 | -€839 | -0.2% |
| Land and buildings | 22 | €410,049 | €408,725 | -€1,324 | -0.3% |
| Furniture and vehicles | 24 | €8,883 | €9,368 | +€485 | +5.5% |
| Current assets | 29/58 | €149,767 | €53,731 | -€96,036 | -64.1% |
| Amounts receivable within one year | 40/41 | €19,845 | €8,374 | -€11,471 | -57.8% |
| Trade receivables | 40 | €19,648 | €6,493 | -€13,155 | -67.0% |
| Other amounts receivable | 41 | €197 | €1,881 | +€1,684 | +856% |
| Cash at bank and in hand | 54/58 | €128,471 | €43,631 | -€84,840 | -66.0% |
| Deferred charges and accrued income | 490/1 | €1,451 | €1,726 | +€275 | +19.0% |
| Total equity and liabilities | 10/49 | €568,699 | €471,824 | -€96,875 | -17.0% |
| Equity | 10/15 | €246,176 | €194,957 | -€51,220 | -20.8% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €227,576 | €227,576 | = | 0.0% |
| Distributable reserves | 133 | €227,576 | €227,576 | = | 0.0% |
| Profit (loss) carried forward | 14 | - | -€51,220 | -€51,220 | |
| Amounts payable | 17/49 | €322,522 | €276,867 | -€45,655 | -14.2% |
| Amounts payable after more than one year | 17 | €258,225 | €233,757 | -€24,468 | -9.5% |
| Financial debts | 170/4 | €258,225 | €233,757 | -€24,468 | -9.5% |
| Amounts payable within one year | 42/48 | €64,273 | €43,110 | -€21,164 | -32.9% |
| Current portion of amounts payable after more than one year | 42 | €23,947 | €24,468 | +€521 | +2.2% |
| Trade debts | 44 | €1,227 | €4,005 | +€2,778 | +226% |
| Suppliers | 440/4 | €1,227 | €4,005 | +€2,778 | +226% |
| Taxes, remuneration and social security | 45 | €27,151 | €2,624 | -€24,526 | -90.3% |
| Taxes | 450/3 | €24,129 | €842 | -€23,287 | -96.5% |
| Remuneration and social security | 454/9 | €3,021 | €1,782 | -€1,239 | -41.0% |
| Other amounts payable | 47/48 | €11,949 | €12,012 | +€64 | +0.5% |
| Accrued charges and deferred income | 492/3 | €24 | - | -€24 | |
| Remuneration, social security and pensions | 62 | €29,644 | €27,633 | -€2,011 | -6.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,299 | €14,413 | +€2,114 | +17.2% |
| Other operating charges | 640/8 | €2,224 | €1,164 | -€1,060 | -47.7% |
| Gross operating margin | 9900 | €166,667 | -€327 | -€166,994 | |
| Operating profit (loss) | 9901 | €122,501 | -€43,536 | -€166,037 | |
| Financial income | 75/76B | €1 | €0 | -€1 | -98.4% |
| Recurring financial income | 75 | €1 | €0 | -€1 | -98.4% |
| Financial charges | 65/66B | €7,234 | €6,947 | -€287 | -4.0% |
| Recurring financial charges | 65 | €7,234 | €6,947 | -€287 | -4.0% |
| Profit (loss) for the period before taxes | 9903 | €115,267 | -€50,483 | -€165,750 | |
| Income taxes | 67/77 | €33,624 | €737 | -€32,887 | -97.8% |
| Profit (loss) for the period | 9904 | €81,643 | -€51,220 | -€132,863 | |
| Profit (loss) for the period to be appropriated | 9905 | €81,643 | -€51,220 | -€132,863 |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 2 November 2026 via checked.be.