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SEQUENCE

Active
Private limited companyfounded 2006active for 20 yearsChaussée de Tubize(W-B) 135, 1440 Braine-le-Château, Belgium15 active companies are registered at this addressKBO/BCE: BE 0878.654.209
Summary

The computed 12-month bankruptcy probability of SEQUENCE is 2.0% (moderate). For SEQUENCE, one filing cycle of the annual accounts is missing. The 2024 annual accounts show equity of €15.4m and a net result of €181,225. Equity is growing by about 18% per year across the filed financial years. Its solvency ranks better than 94% of 1,282 sector peers (NACE 41, financial year 2024). The company has been active since 2006 and the Belgian Official Gazette contains no insolvency or warning signals.

Financials · financial year 2024, full format

2025 annual accounts not yet filed, deadline passed on 30 April 2026 Financial year closed on 30 September 2025; filing due at the latest 7 months after the close (Companies Code art. 3:10). Source: NBB filings, as of 17 October 2026.

Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€181,225▲ 437%
2023 · €33,742
Working capital
€3.6m▼ 11.2%
2023 · €4.1m
Trend over the years

2020 to 2024, 5 financial years 2019 to 2024, 6 financial years

After the dip in 2022 the operating result has climbed two years in a row; 2024 is 4,371% above 2023 and is the highest result in the available series.

What the company sold each financial year and what was left of it. A loss stands below the zero line.

Operating result€0.2m 2024 Net result€0.2m 2024

Use the arrow keys on the chart for the figures per year.

Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).

Every figure with its change against the financial year before
favourable unfavourable
Line201920202021202220232024
Operating result-€0.006m--€0.002m▲ 70.9%-€0.05m▼ 2,637%-€0.07m▼ 53.1%€0.005m€0.2m▲ 4,371%
Net result€2.5m-€2.4mabove the sector's middle half▼ 3.9%€19.2mabove the sector's middle half▲ 702%€1.9mabove the sector's middle half▼ 90.0%€0.03mwithin the sector's middle half▼ 98.2%€0.2mabove the sector's middle half▲ 437%
Equity€2.1m-€2.2mabove the sector's middle half▲ 4.5%€14.2mabove the sector's middle half▲ 552%€15.4mabove the sector's middle half▲ 8.6%€15.2mabove the sector's middle half▼ 1.1%€15.4mabove the sector's middle half▲ 1.2%
Total assets€2.1m-€2.2mwithin the sector's middle half▲ 4.6%€14.4mabove the sector's middle half▲ 544%€17.9mabove the sector's middle half▲ 24.4%€17.8mabove the sector's middle half▼ 0.6%€17.9mabove the sector's middle half▲ 0.6%
Debt€0.06m-€0.06m▲ 7.8%€0.2m▲ 253%€2.5m▲ 1,049%€2.6m▲ 2.5%€2.5m▼ 2.8%
Working capital€1.8m-€1.9mabove the sector's middle half▲ 6.2%€3.5mabove the sector's middle half▲ 83.9%€4.2mabove the sector's middle half▲ 19.1%€4.1mabove the sector's middle half▼ 3.3%€3.6mabove the sector's middle half▼ 11.2%
Solvency97.3%-97.2%above the sector's middle half▼ 0.1pp98.5%above the sector's middle half▲ 1.3pp85.9%above the sector's middle half▼ 12.5pp85.5%above the sector's middle half▼ 0.4pp86.0%above the sector's middle half▲ 0.5pp
Current ratio32.41-31.93above the sector's middle half▼ 0.4817.10above the sector's middle half▼ 14.8336.22above the sector's middle half▲ 19.1323.58above the sector's middle half▼ 12.657.78above the sector's middle half▼ 15.79
Return on assets (ROA)116.7%-107.2%above the sector's middle half▼ 9.5pp133.6%above the sector's middle half▲ 26.4pp10.7%above the sector's middle half▼ 122.9pp0.2%within the sector's middle half▼ 10.5pp1.0%within the sector's middle half▲ 0.8pp
above within below the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €17.9m
Fixed assets €13.8m ▲ 1.5%
Current assets €4.1m ▼ 2.4%
Equity and liabilities €17.9m
Equity €15.4m ▲ 1.2%
Debt €2.5m ▼ 2.8%
Debt's share of the balance-sheet total falls from 14.5% to 14.0%. Equity is higher and debt is lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€236,216▲
2023 · €25,248
Cash flow
€199,110▲
2023 · €54,107
Quick ratio
6.60▼
2023 · 20.08
Debt to equity
0.16▼
2023 · 0.17
ROE
1.2%▲
2023 · 0.2%
Interest coverage
5.37▲
2023 · 0.94
Debt ≤ 1 year
€532,328▲
2023 · €180,011
Debt > 1 year
€1.9m▼
2023 · €2.4m
Income taxes
€37,397▲
2023 · €10,833
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 56 lines
Balance sheet Code20232024
Assets
Total assets20/58€17.8m€17.9m▲
Fixed assets21/28€13.6m€13.8m▲
Tangible fixed assets22/27€0.2m€0.1m▼
Land and buildings22€0.1m€0.1m▼
Furniture and vehicles24€0.04m€0▼
Other tangible fixed assets26€0.006m€0.006m=
Financial fixed assets28€13.4m€13.7m▲
Current assets29/58€4.2m€4.1m▼
Amounts receivable after more than one year29€0.5m€1.5m▲
Other amounts receivable291€0.5m€1.5m▲
Stocks and contracts in progress3€0.6m€0.6m=
Stocks30/36€0.6m€0.6m=
Amounts receivable within one year40/41€2.1m€1.2m▼
Trade receivables40€0.08m€0.07m▼
Other amounts receivable41€2.0m€1.1m▼
Current investments50/53€0.3m€0.6m▲
Cash at bank and in hand54/58€0.7m€0.3m▼
Deferred charges and accrued income490/1€0.002m€0.004m▲
Equity and liabilities
Total equity and liabilities10/49€17.8m€17.9m▲
Equity10/15€15.2m€15.4m▲
Contributions10/11€0.05m€0.05m=
Reserves13€0.02m€0.1m▲
Non-distributable reserves130/1€0.005m-
Reserves not available under the articles1311€0.005m-
Tax-exempt reserves132€0.02m€0.1m▲
Distributable reserves133-€0.005m
Profit (loss) carried forward14€15.2m€15.2m▲
Amounts payable17/49€2.6m€2.5m▼
Amounts payable after more than one year17€2.4m€1.9m▼
Financial debts170/4€0.6m-
Other amounts payable178/9€1.9m€1.9m=
Amounts payable within one year42/48€0.2m€0.5m▲
Trade debts44€0.2m€0.2m▲
Suppliers440/4€0.2m€0.2m▲
Taxes, remuneration and social security45€0.02m€0.03m▲
Taxes450/3€0.02m€0.03m▲
Other amounts payable47/48-€0.3m
Accrued charges and deferred income492/3€0.003m€0.1m▲
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.02m€0.02m▼
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€0.08m-
Other operating charges640/8€0.004m€0.02m▲
Gross operating margin9900€0.1m€0.3m▲
Operating profit (loss)9901€0.005m€0.2m▲
Financial income75/76B€0.07m€0.04m▼
Recurring financial income75€0.07m€0.04m▼
Financial charges65/66B€0.03m€0.04m▲
Recurring financial charges65€0.03m€0.04m▲
Profit (loss) for the period before taxes9903€0.04m€0.2m▲
Income taxes67/77€0.01m€0.04m▲
Profit (loss) for the period9904€0.03m€0.2m▲
Transfer to tax-exempt reserves689-€0.09m
Profit (loss) for the period to be appropriated9905€0.03m€0.09m▲
Appropriation of the result
Profit (loss) to be appropriated9906€15.4m€15.2m▼
Profit (loss) brought forward from the previous period14P€15.3m€15.2m▼
Profit to be distributed694/7€0.2m-
Return on contributions (dividend)694€0.2m-

The notes to these accounts (11 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line201920202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€0.007m€0.001m€0.007m€0.01m€0.02m€0.02m▼ 12.2%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4----€0.08m--
Other operating charges640/8--€0.003m€0.002m€0.004m€0.02m▲ 344%
Gross operating margin9900€0.003m€0.005m-€0.04m-€0.05m€0.1m€0.3m▲ 127%
Operating profit (loss)9901-€0.006m-€0.002m-€0.05m-€0.07m€0.005m€0.2m▲ 4,371%
Financial income75/76B--€19.3m€2.0m€0.07m€0.04m▼ 33.5%
Recurring financial income75€2.5m€2.4m€19.3m€2.0m€0.07m€0.04m▼ 33.5%
Financial charges65/66B--€0.004m€0.009m€0.03m€0.04m▲ 64.0%
Recurring financial charges65€0.002m€0.001m€0.004m€0.009m€0.03m€0.04m▲ 64.0%
Profit (loss) for the period before taxes9903€2.5m€2.4m€19.2m€1.9m€0.04m€0.2m▲ 390%
Income taxes67/77€330€143€0.001m€14€0.01m€0.04m▲ 245%
Profit (loss) for the period9904€2.5m€2.4m€19.2m€1.9m€0.03m€0.2m▲ 437%
Transfer to tax-exempt reserves689-----€0.09m-
Profit (loss) for the period to be appropriated9905€2.5m€2.4m€19.2m€1.9m€0.03m€0.09m▲ 163%
Line201920202021202220232024Change
Assets
Total assets20/58€2.1m€2.2m€14.4m€17.9m€17.8m€17.9m▲ 0.6%
Fixed assets21/28€0.3m€0.3m€10.7m€13.6m€13.6m€13.8m▲ 1.5%
Tangible fixed assets22/27€0.02m€0.002m€0.05m€0.2m€0.2m€0.1m▼ 27.6%
Land and buildings22---€0.1m€0.1m€0.1m▼ 0.9%
Furniture and vehicles24--€0.05m€0.03m€0.04m€0▼ 100.0%
Other tangible fixed assets26--€0.006m€0.006m€0.006m€0.006m=
Assets under construction and advance payments27---€0.04m---
Financial fixed assets28€0.3m€0.3m€10.6m€13.4m€13.4m€13.7m▲ 1.9%
Current assets29/58€1.9m€2.0m€3.7m€4.3m€4.2m€4.1m▼ 2.4%
Amounts receivable after more than one year29--€0.5m€1.2m€0.5m€1.5m▲ 200%
Other amounts receivable291--€0.5m€1.2m€0.5m€1.5m▲ 200%
Stocks and contracts in progress3----€0.6m€0.6m=
Stocks30/36----€0.6m€0.6m=
Amounts receivable within one year40/41€0.03m€0.4m€2.3m€2.2m€2.1m€1.2m▼ 44.1%
Trade receivables40--€0.1m€0.2m€0.08m€0.07m▼ 12.3%
Other amounts receivable41--€2.2m€2.0m€2.0m€1.1m▼ 45.4%
Current investments50/53€0.2m€0.2m€0.2m€0.5m€0.3m€0.6m▲ 93.1%
Cash at bank and in hand54/58€1.5m€1.4m€0.7m€0.4m€0.7m€0.3m▼ 63.0%
Deferred charges and accrued income490/1--€0.004m€0.001m€0.002m€0.004m▲ 84.8%
Equity and liabilities
Total equity and liabilities10/49€2.1m€2.2m€14.4m€17.9m€17.8m€17.9m▲ 0.6%
Equity10/15€2.1m€2.2m€14.2m€15.4m€15.2m€15.4m▲ 1.2%
Contributions10/11€0.05m-€0.05m€0.05m€0.05m€0.05m=
Reserves13€0.02m€0.02m€0.02m€0.02m€0.02m€0.1m▲ 390%
Non-distributable reserves130/1--€0.005m€0.005m€0.005m--
Reserves not available under the articles1311--€0.005m€0.005m€0.005m--
Tax-exempt reserves132--€0.02m€0.02m€0.02m€0.1m▲ 494%
Distributable reserves133-----€0.005m-
Profit (loss) carried forward14€1.8m€1.9m€14.1m€15.3m€15.2m€15.2m▲ 0.6%
Amounts payable17/49€0.06m€0.06m€0.2m€2.5m€2.6m€2.5m▼ 2.8%
Amounts payable after more than one year17---€2.4m€2.4m€1.9m▼ 22.9%
Financial debts170/4---€0.6m€0.6m--
Other amounts payable178/9---€1.9m€1.9m€1.9m=
Amounts payable within one year42/48€0.06m€0.06m€0.2m€0.1m€0.2m€0.5m▲ 196%
Financial debts43---€0.001m---
Credit institutions430/8---€0.001m---
Trade debts44€0.04m€0.06m€0.1m€0.09m€0.2m€0.2m▲ 16.1%
Suppliers440/4--€0.1m€0.09m€0.2m€0.2m▲ 16.1%
Taxes, remuneration and social security45--€0.1m€0.01m€0.02m€0.03m▲ 68.0%
Taxes450/3--€0.1m€0.01m€0.02m€0.03m▲ 68.0%
Other amounts payable47/48--€0.02m€0.02m-€0.3m-
Accrued charges and deferred income492/3---€0.001m€0.003m€0.1m▲ 4,828%
Line201920202021202220232024Change
Profit (loss) for the period9904€2.5m€2.4m€19.2m€1.9m€0.03m€0.2m▲ 437%
+ Depreciation and write-downs630€0.007m€0.001m€0.007m€0.01m€0.02m€0.02m▼ 12.2%
Operating cash flow (approximation)€2.5m€2.4m€19.3m€1.9m€0.05m€0.2m▲ 268%
Investment in fixed assets (approximation)-€0.02m-€10.4m-€3.0m€0.006m-€0.2m-
Change in cash--€0.09m-€0.7m-€0.3m€0.3m-€0.5m-

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Latest 10 of 18 filings with the National Bank
Financial year Type Filed Reference
30-09-2024 full format 31-05-2025 2025-00118324
30-09-2023 full format 27-08-2024 2024-00387864
30-09-2022 full format 27-06-2023 2023-00162307
30-09-2021 full format 09-05-2022 2022-20022892
30-09-2020 full format 19-05-2021 2021-14400217
30-09-2019 full format 03-02-2020 2020-03700084
30-09-2018 full format 08-02-2019 2019-04700180
30-09-2017 full format 29-01-2018 2018-02400537
30-09-2016 full format 30-01-2017 2017-02400360
30-09-2015 full format 01-02-2016 2016-03300273

Show all 18 filings

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