SEQUENSIS
Dissolution or liquidationFinancials · financial year 2017, abbreviated format
Equity
€212,025▲ 24.3%
2016 · €170,508
Total assets
€367,271▲ 30.4%
2016 · €281,673
Net result
€101,517▼ 14.9%
2016 · €119,248
Working capital
€212,108▲ 15.9%
2016 · €182,931
Trend over the years
2013 to 2017, 5 financial years 2013 to 2017, 5 financial years
The operating result falls in 2017; 2017 is 30% below 2016.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€123,251
2017
Net result€101,517
2017
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€367,271
2017
Equity€212,025
2017
Debt€155,246
2017
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€212,108
2017
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line20132014201520162017
Operating result-€22,650-€9,598-€2,240€176,624€123,251▼ 30.2%
Net result€20,726-€11,490▼ 44.6%€303▼ 97.4%€119,248▲ 39,256%€101,517▼ 14.9%
Equity€39,467-€50,957▲ 29.1%€51,260▲ 0.6%€170,508▲ 233%€212,025▲ 24.3%
Total assets€48,695-€62,646▲ 28.6%€54,455▼ 13.1%€281,673▲ 417%€367,271▲ 30.4%
Debt€9,228-€11,689▲ 26.7%€3,195▼ 72.7%€111,165▲ 3,379%€155,246▲ 39.7%
Working capital€38,150-€50,062▲ 31.2%€50,471▲ 0.8%€182,931▲ 262%€212,108▲ 15.9%
Turnover and EBIT margin not published: the abbreviated format does not require them.
Balance-sheet composition
2017 in colour, 2016 as the grey bar beneath
Assets €367,271
Fixed assets
€750 =
Current assets
€366,521 ▲ 30.5%
Equity and liabilities €367,271
Equity
€212,025 ▲ 24.3%
Debt
€155,246 ▲ 39.7%
Debt's share of the balance-sheet total rises from 39.5% to 42.3%. Equity and debt are higher.
Key figures and ratios
Current ratio
2.37▼
2016 · 2.87
ROE
47.9%▼
2016 · 69.9%
ROA
27.6%▼
2016 · 42.3%
Debt ≤ 1 year
€154,413▲
2016 · €97,992
Income taxes
€21,702▼
2016 · €55,974
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €690 | €422 | €106 | €39 | - | - |
| Gross operating margin9900 | -€21,905 | €10,465 | -€1,555 | €176,725 | €123,306 | ▼ 30.2% |
| Operating profit (loss)9901 | -€22,650 | €9,598 | -€2,240 | €176,624 | €123,251 | ▼ 30.2% |
| Recurring financial income75 | €45,142 | €1,559 | €2,097 | €104 | - | - |
| Recurring financial charges65 | €1,766 | €57 | €78 | €1,506 | €32 | ▼ 97.9% |
| Profit (loss) for the period before taxes9903 | €20,726 | €11,100 | -€221 | €175,222 | €123,219 | ▼ 29.7% |
| Income taxes67/77 | - | -€390 | -€524 | €55,974 | €21,702 | ▼ 61.2% |
| Profit (loss) for the period9904 | €20,726 | €11,490 | €303 | €119,248 | €101,517 | ▼ 14.9% |
| Profit (loss) for the period to be appropriated9905 | €20,726 | €11,490 | €303 | €119,248 | €101,517 | ▼ 14.9% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €48,695 | €62,646 | €54,455 | €281,673 | €367,271 | ▲ 30.4% |
| Formation expenses20 | €251 | €145 | €39 | - | - | - |
| Fixed assets21/28 | €1,317 | €895 | €789 | €750 | €750 | = |
| Intangible fixed assets21 | €316 | - | - | - | - | - |
| Financial fixed assets28 | €750 | €750 | €750 | €750 | €750 | = |
| Current assets29/58 | €47,378 | €61,751 | €53,666 | €280,923 | €366,521 | ▲ 30.5% |
| Amounts receivable within one year40/41 | €18,715 | €749 | €8,369 | €28,034 | €292,570 | ▲ 944% |
| Cash at bank and in hand54/58 | €25,814 | €53,335 | €38,244 | €250,272 | €71,173 | ▼ 71.6% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €48,695 | €62,646 | €54,455 | €281,673 | €367,271 | ▲ 30.4% |
| Equity10/15 | €39,467 | €50,957 | €51,260 | €170,508 | €212,025 | ▲ 24.3% |
| Contributions10/11 | €18,550 | €18,550 | €18,550 | €18,550 | €18,550 | = |
| Reserves13 | €1,855 | €1,855 | €1,855 | €1,855 | €1,855 | = |
| Profit (loss) carried forward14 | €19,062 | €30,552 | €30,855 | €150,103 | €191,620 | ▲ 27.7% |
| Amounts payable17/49 | €9,228 | €11,689 | €3,195 | €111,165 | €155,246 | ▲ 39.7% |
| Amounts payable within one year42/48 | €9,228 | €11,689 | €3,195 | €97,992 | €154,413 | ▲ 57.6% |
| Trade debts44 | €2,397 | €2,845 | €3,195 | €1,161 | €83,336 | ▲ 7,078% |
| Line | 2013 | 2014 | 2015 | 2016 | 2017 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €20,726 | €11,490 | €303 | €119,248 | €101,517 | ▼ 14.9% |
| + Depreciation and write-downs630 | €690 | €422 | €106 | €39 | - | - |
| Operating cash flow (approximation) | €21,416 | €11,912 | €409 | €119,287 | €101,517 | ▼ 14.9% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €0 | €0 | - |
| Change in cash | - | €27,521 | -€15,091 | €212,028 | -€179,099 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (6)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2017 | abbreviated format | 29-06-2018 | 2018-26500014 |
| 31-12-2016 | abbreviated format | 28-06-2017 | 2017-22700054 |
| 31-12-2015 | abbreviated format | 01-07-2016 | 2016-27100353 |
| 31-12-2014 | abbreviated format | 22-06-2015 | 2015-19000251 |
| 31-12-2013 | abbreviated format | 23-06-2014 | 2014-19900571 |
| 31-12-2012 | abbreviated format | 24-06-2013 | 2013-21400441 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.