SEQUEL IT
Annual accounts 2025
abbreviated format, filed on 15-06-2026, 46 days before the deadlineTurnover and EBIT margin are not published. The abbreviated or micro format does not require them. The turnover shown is an estimate from the gross margin.
Turnover ≈ €150,000. Estimated: probably between €110,000 and €270,000.
Money flows
no detail for 2025Balance sheet
balance sheet total €283,940 on 31-12-2025in euro
in euro
Position in the sector
76.8%
Higher than 78% of 3,405 companies in 2025.
3.96
Higher than 76% of 3,266 companies in 2025.
12.7%
Higher than 62% of 3,314 companies in 2025.
Net result: middle half · Equity: middle half · Balance sheet total: middle half · Working capital: middle half · Staff: bottom quarter
Filed annual accounts
as filed with the National Bank, click a year to choose it| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||||||||||||||
20/58 |
283,940 | 265,257 | 258,003 | 242,542 | 229,012 | 206,068 | 189,138 | 193,916 | 184,110 | 180,801 | 170,668 | 162,768 | 142,712 | 102,244 | 71,138 | 60,824 | 42,790 | |
21/28 |
22,997 | 22,307 | 5,549 | 6,361 | 7,344 | 4,683 | 5,049 | 3,885 | 4,831 | 5,315 | 3,979 | 2,633 | 2,757 | 3,784 | 3,078 | 2,386 | 2,302 | |
22/27 |
22,997 | 22,307 | 5,549 | 6,361 | 7,344 | 4,683 | 5,049 | 3,885 | 4,831 | 5,315 | 3,979 | 2,633 | 2,757 | 3,784 | 3,078 | 2,386 | 2,302 | |
23 |
1,399 | 1,325 | 2,276 | 5,502 | 5,698 | 1,883 | - | 180 | 361 | 590 | 820 | 148 | 198 | 1,078 | 2,199 | 1,306 | 667 | |
24 |
15,200 | 20,982 | 3,272 | 859 | 1,646 | 2,800 | 5,049 | 3,704 | 4,471 | 4,724 | 3,159 | 2,485 | 2,560 | 2,706 | 879 | 1,080 | 1,635 | |
26 |
6,398 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
29/58 |
260,943 | 242,950 | 252,454 | 236,181 | 221,668 | 201,385 | 184,089 | 190,031 | 179,279 | 175,487 | 166,689 | 160,135 | 139,954 | 98,460 | 68,060 | 58,438 | 40,488 | |
3 |
4,199 | 4,156 | 3,556 | 4,062 | 3,717 | 2,564 | 2,213 | 1,553 | - | - | - | - | - | - | - | - | - | |
30/36 |
4,199 | 4,156 | 3,556 | 4,062 | 3,717 | 2,564 | 2,213 | 1,553 | - | - | - | - | - | - | - | - | - | |
40/41 |
50,877 | 57,596 | 168,725 | 155,024 | 79,306 | 90,842 | 102,798 | 120,821 | 113,366 | 118,568 | 117,125 | 139,045 | 36,185 | 32,993 | 32,467 | 34,531 | 32,613 | |
40 |
39,959 | 46,493 | 50,947 | 49,474 | 72,256 | 83,792 | 93,763 | 103,093 | 104,261 | 108,485 | 114,975 | 137,830 | 35,745 | 31,801 | 31,292 | 34,531 | 32,595 | |
41 |
10,918 | 11,102 | 117,777 | 105,550 | 7,050 | 7,050 | 9,035 | 17,728 | 9,105 | 10,083 | 2,150 | 1,215 | 440 | 1,192 | 1,175 | - | 18 | |
54/58 |
203,933 | 179,703 | 78,155 | 75,301 | 137,375 | 106,319 | 77,567 | 67,658 | 65,913 | 53,918 | 49,564 | 21,090 | 103,770 | 65,467 | 35,593 | 23,907 | 7,875 | |
490/1 |
1,934 | 1,496 | 2,018 | 1,793 | 1,270 | 1,661 | 1,511 | - | - | 3,000 | - | - | - | - | - | - | - | |
| Balance sheet: equity and liabilities | ||||||||||||||||||
10/49 |
283,940 | 265,257 | 258,003 | 242,542 | 229,012 | 206,068 | 189,138 | 193,916 | 184,110 | 180,801 | 170,668 | 162,768 | 142,712 | 102,244 | 71,138 | 60,824 | 42,790 | |
10/15 |
218,076 | 242,849 | 229,536 | 205,903 | 201,544 | 198,257 | 183,684 | 178,062 | 180,212 | 169,475 | 163,942 | 152,008 | 127,104 | 96,814 | 68,143 | 48,717 | 28,455 | |
10/11 |
6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | 6,200 | |
100 |
- | - | - | - | - | - | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | 18,600 | |
101 |
- | - | - | - | - | - | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | 12,400 | |
13 |
211,876 | 236,649 | 223,336 | 199,703 | 195,344 | 143,869 | 127,869 | 122,269 | 117,955 | 107,218 | 101,860 | 101,860 | 101,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
130/1 |
- | - | - | 0 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
130 |
- | - | - | - | - | - | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | 1,860 | |
1311 |
- | - | - | 0 | 1,860 | 1,860 | - | - | - | - | - | - | - | - | - | - | - | |
132 |
12,974 | 12,974 | 12,974 | 12,974 | 12,974 | 12,974 | - | - | - | - | - | - | - | - | - | - | - | |
133 |
198,902 | 223,675 | 210,362 | 186,729 | 180,510 | 129,035 | 126,009 | 120,409 | 116,095 | 105,358 | 100,000 | 100,000 | 100,000 | - | - | - | - | |
14 |
0 | 0 | 0 | 0 | 0 | 48,188 | 49,615 | 49,592 | 56,057 | 56,057 | 55,882 | 43,948 | 19,044 | 88,754 | 60,083 | 40,657 | 20,395 | |
17/49 |
65,864 | 22,408 | 28,466 | 36,638 | 27,468 | 7,811 | 5,455 | 15,854 | 3,899 | 11,326 | 6,726 | 10,760 | 15,608 | 5,430 | 2,995 | 12,107 | 14,335 | |
42/48 |
65,864 | 22,408 | 28,466 | 36,638 | 27,468 | 7,811 | 5,455 | 15,854 | 3,899 | 11,326 | 6,726 | 10,760 | 12,438 | 5,430 | 2,995 | 12,107 | 10,735 | |
43 |
278 | 70 | - | 0 | 178 | 161 | - | - | - | - | - | - | - | - | - | - | - | |
430/8 |
278 | 70 | - | 0 | 178 | 161 | - | - | - | - | - | - | - | - | - | - | - | |
44 |
1,204 | 459 | 2,387 | 2,191 | 2,035 | 1,570 | 2,080 | 2,154 | 359 | 1,842 | 1,073 | 1,593 | 1,023 | 435 | 977 | 9,265 | 1,983 | |
440/4 |
1,204 | 459 | 2,387 | 2,191 | 2,035 | 1,570 | 2,080 | 2,154 | 359 | 1,842 | 1,073 | 1,593 | 1,023 | 435 | 977 | 9,265 | 1,983 | |
45 |
2,004 | 2,775 | 8,522 | 10,265 | 9,390 | 3,626 | 1,207 | 12,299 | 3,245 | 8,103 | 3,659 | 5,133 | 4,750 | 2,808 | 1,375 | 592 | 6,700 | |
450/3 |
2,004 | 2,775 | 8,522 | 10,265 | 9,390 | 3,626 | 1,207 | 12,299 | 3,245 | 8,103 | 3,659 | 5,133 | 4,750 | 2,808 | 1,375 | 592 | 4,800 | |
454/9 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1,900 | |
47/48 |
62,378 | 19,105 | 17,558 | 24,182 | 15,865 | 2,453 | 2,167 | 1,401 | 295 | 1,382 | 1,994 | 4,034 | 6,665 | 2,187 | 643 | 2,250 | 2,052 | |
492/3 |
- | - | - | - | - | - | - | - | - | - | - | - | 3,170 | - | - | - | 3,600 | |
| Income statement | ||||||||||||||||||
70 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 119,502 | 109,047 | 113,797 | 185,583 | |
76A |
420 | 0 | 71 | 0 | 207 | 4,569 | - | - | - | - | - | - | - | - | - | - | - | |
9900 |
59,171 | 44,654 | 58,464 | 41,899 | 29,802 | 25,627 | 14,349 | 2,311 | 18,351 | 8,212 | 19,151 | 36,811 | 47,036 | 44,376 | 32,221 | 41,870 | 44,429 | |
60/61 |
- | - | - | - | - | - | - | - | - | - | - | - | - | 78,171 | 78,167 | 73,481 | 141,347 | |
62 |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 8,951 | 4,467 | |
630 |
7,660 | 4,474 | 3,738 | 3,131 | 2,279 | 2,390 | 3,031 | 2,045 | 2,428 | 2,805 | 2,374 | 2,268 | 3,006 | 2,421 | 1,963 | 1,549 | 1,491 | |
640/8 |
520 | 596 | 584 | 685 | 905 | 208 | 536 | 499 | 511 | 714 | 568 | 803 | 933 | 941 | 983 | 1,824 | 144 | |
66A |
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 348 | - | 1,677 | |
9901 |
50,991 | 39,584 | 54,142 | 38,083 | 26,619 | 23,028 | 10,782 | -232 | 15,413 | 4,693 | 16,209 | 33,741 | 43,097 | 41,014 | 29,275 | 29,546 | 38,327 | |
75/76B |
4 | 1,725 | 500 | 500 | 7 | 3 | 9 | 25 | 4 | 24 | 51 | 122 | 248 | 186 | 25 | 14 | 16 | |
75 |
4 | 1,725 | 500 | 500 | 7 | 3 | 9 | 25 | 4 | 24 | 51 | 122 | 248 | 186 | 25 | 14 | 16 | |
65/66B |
426 | 393 | 372 | 451 | 655 | 397 | 395 | 340 | 145 | 427 | 264 | 144 | 436 | 277 | 135 | 291 | 49 | |
65 |
426 | 393 | 372 | 451 | 655 | 397 | 395 | 340 | 145 | 427 | 264 | 144 | 436 | 277 | 135 | 291 | 49 | |
9903 |
50,569 | 40,916 | 54,270 | 38,132 | 25,970 | 22,634 | 10,396 | -548 | 15,272 | 4,291 | 15,995 | 33,719 | 42,909 | 40,923 | 28,817 | 29,269 | 36,617 | |
67/77 |
14,642 | 12,004 | 15,637 | 11,338 | 7,683 | 6,461 | 3,174 | 322 | 4,535 | -1,242 | 4,061 | 8,815 | 12,618 | 12,252 | 9,391 | 9,006 | 14,362 | |
9904 |
35,927 | 28,912 | 38,633 | 26,794 | 18,287 | 16,173 | 7,222 | -5,185 | 7,435 | 175 | 11,934 | 24,904 | 30,290 | 28,671 | 19,426 | 20,263 | 22,255 | |
9905 |
35,927 | 28,912 | 38,633 | 26,794 | 18,287 | 16,173 | 7,222 | -5,185 | 7,435 | 175 | 11,934 | 24,904 | 30,290 | 28,671 | 19,426 | 20,263 | 22,255 | |
| Appropriation of the result | ||||||||||||||||||
9906 |
35,927 | 28,912 | 38,633 | 26,794 | 66,475 | 65,788 | 56,815 | 50,872 | 63,492 | 56,057 | 55,882 | 43,948 | 119,044 | 88,754 | 60,083 | 40,657 | 22,255 | |
14P |
- | - | - | 0 | 48,188 | - | - | - | - | - | - | - | - | - | - | - | - | |
791/2 |
60,700 | 15,600 | 15,000 | 22,435 | - | - | - | - | - | - | - | - | - | - | - | - | - | |
691/2 |
35,927 | 28,912 | 38,633 | 26,794 | 51,475 | 16,000 | 5,600 | - | 7,435 | - | - | - | 100,000 | - | - | - | 1,860 | |
6920 |
- | - | - | - | - | - | - | - | - | - | - | - | 100,000 | - | - | - | 1,860 | |
6921 |
35,927 | 28,912 | 38,633 | 26,794 | 51,475 | 16,000 | 5,600 | - | 7,435 | - | - | - | - | - | - | - | - | |
694/7 |
60,700 | 15,600 | 15,000 | 22,435 | 15,000 | 1,600 | 1,600 | 1,280 | - | - | - | - | - | - | - | - | - | |
694 |
60,700 | 15,600 | 15,000 | 22,435 | 15,000 | 1,600 | 1,600 | 1,280 | - | - | - | - | - | - | - | - | - | |
| Social balance sheet | ||||||||||||||||||
9087 |
0 | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | |
| Document | ||||||||||||||||||
The notes to these accounts have 7 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.
Source: Annual accounts 2025 at the NBB, filed on 15-06-2026.
Filings
each dot is a set of accounts, on the day it reached the National Bank| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | abbreviated format | 15-06-2026 | 2026-00166750 | |
| 31-12-2024 | abbreviated format | 16-06-2025 | 2025-00145873 | |
| 31-12-2023 | abbreviated format | 17-06-2024 | 2024-00139608 | |
| 31-12-2022 | abbreviated format | 12-06-2023 | 2023-00123807 | |
| 31-12-2021 | abbreviated format | 13-06-2022 | 2022-20057972 | |
| 31-12-2020 | abbreviated format | 15-06-2021 | 2021-19700063 | |
| 31-12-2019 | abbreviated format | 16-06-2020 | 2020-16900321 | |
| 31-12-2018 | micro format | 29-07-2019 | 2019-40200544 | |
| 31-12-2017 | micro format | 30-07-2018 | 2018-40900498 | |
| 31-12-2016 | micro format | 27-07-2017 | 2017-36500263 | |
| 31-12-2015 | abbreviated format | 28-07-2016 | 2016-36700116 | |
| 31-12-2014 | abbreviated format | 29-07-2015 | 2015-36000484 | |
| 31-12-2013 | abbreviated format | 27-08-2014 | 2014-49600591 | |
| 31-12-2012 | abbreviated format | 30-07-2013 | 2013-36700426 | |
| 31-12-2011 | abbreviated format | 09-07-2012 | 2012-27500242 | |
| 31-12-2010 | abbreviated format | 30-06-2011 | 2011-23700289 | |
| 31-12-2009 | abbreviated format | 09-07-2010 | 2010-29000211 |
Key figures and ratios
per financial year, computed from the annual accounts| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 58,651 | 44,059 | 57,880 | 41,214 | 28,898 | 25,418 | 13,813 | 1,813 | 17,840 | 7,498 | 18,583 | 36,008 | 46,103 | 43,435 | 31,238 | 31,095 | 39,818 | ||
| 43,588 | 33,387 | 42,371 | 29,925 | 20,566 | 18,563 | 10,253 | -3,140 | 9,863 | 2,980 | 14,308 | 27,171 | 33,296 | 31,092 | 21,389 | 21,812 | 23,746 | ||
| 8,351 | 21,232 | 3,830 | 2,147 | 4,940 | 2,023 | 4,195 | 1,098 | 1,945 | 4,140 | 3,720 | 2,144 | 1,979 | 3,128 | 2,389 | 1,633 | 3,793 | ||
| 24,230 | 101,548 | 2,854 | -62,073 | 31,056 | 28,752 | 9,910 | 1,744 | 11,995 | 4,354 | 28,474 | -82,680 | 38,303 | 29,874 | 11,686 | 16,032 | - | ||
| 195,079 | 220,542 | 223,987 | 199,542 | 194,200 | 193,574 | 178,634 | 174,177 | 175,380 | 164,160 | 159,963 | 149,374 | 127,517 | 93,030 | 65,065 | 46,331 | 29,753 | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 34.3% | 26.8% | 26.0% | 20.7% | ||
| 76.8% | 91.6% | 89.0% | 84.9% | 88.0% | 96.2% | 97.1% | 91.8% | 97.9% | 93.7% | 96.1% | 93.4% | 89.1% | 94.7% | 95.8% | 80.1% | 66.5% | ||
| 3.96 | 10.84 | 8.87 | 6.45 | 8.07 | 25.78 | 33.75 | 11.99 | 45.99 | 15.49 | 24.78 | 14.88 | 11.25 | 18.13 | 22.72 | 4.83 | 3.77 | ||
| 3.90 | 10.66 | 8.74 | 6.34 | 7.93 | 25.45 | 33.34 | 11.89 | 45.99 | 15.49 | 24.78 | 14.88 | 11.25 | 18.13 | 22.72 | 4.83 | 3.77 | ||
| 0.30 | 0.09 | 0.12 | 0.18 | 0.14 | 0.04 | 0.03 | 0.09 | 0.02 | 0.07 | 0.04 | 0.07 | 0.12 | 0.06 | 0.04 | 0.25 | 0.50 | ||
| 16.5% | 11.9% | 16.8% | 13.0% | 9.1% | 8.2% | 3.9% | -2.9% | 4.1% | 0.1% | 7.3% | 16.4% | 23.8% | 29.6% | 28.5% | 41.6% | 78.2% | ||
| 12.7% | 10.9% | 15.0% | 11.0% | 8.0% | 7.8% | 3.8% | -2.7% | 4.0% | 0.1% | 7.0% | 15.3% | 21.2% | 28.0% | 27.3% | 33.3% | 52.0% | ||
| over 100 | over 100 | over 100 | 91.37 | 44.10 | - | - | - | - | - | - | - | - | - | - | - | - | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 97 days | 105 days | 111 days | 64 days | ||
| - | - | - | - | - | - | - | - | - | - | - | - | - | 2 days | 5 days | 46 days | 5 days |
A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.
Investments
fixed assets acquired| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Tangible fixed assets | €8,351 | €21,232 | €3,830 | €2,147 | €4,940 |
| €7,660 | €4,474 | €3,738 | €3,131 | €2,279 |
Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)
Insights on SEQUEL IT
The operating result for 2025 is 29% higher than in 2024. It is a recovery after the fall in 2024.
Debt's share of the balance-sheet total rises from 8.4% to 23.2%. Equity is lower and debt is higher.