Losses
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Every financial year from 2023 to 2025 closed with a loss. 2023 was the heaviest.
Green is investment, beige is depreciation.
In 2025, 1 person joined and nobody left.
Short-term debts fell from €271,382 to €188,916.
The 2023 accounts came latest: 113 days after the end of the period.
Lower net result than 95% of companies in computer programming and consultancy. Sector median €28,023 · 22,049 companies.
In July 2024, 3,601 companies had the same profile as Sequesto has now. Each dot stands for 10 companies, two years later.
Another 0.2% stopped without a precise date, possibly only after those two years.
The method was tested on the 497,762 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 2.9% | 3.1% |
| 10 | 5.6% | 6.1% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 3,601 companies, not a prediction for Sequesto. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
| Company | ||||
|---|---|---|---|---|
| Sequesto Beveren-Kruibeke-Zwijndrecht | €3.5m | -€0.1m | 74.9% | - |
| TIMESEER.AI Hasselt | €2.7m | -€0.3m | 77.7% | 6.3 |
| E-S-TEL Walcourt | €4.8m | -€0.2m | 63.1% | - |
| XERO Kasterlee | €2.9m | -€0.05m | 44.2% | - |
| CompliData Hoeilaart | €2.2m | -€1.3m | 52.8% | 7.8 |
| Peliqan Ghent | €1.8m | -€0.5m | 57.0% | - |
| TPL Investment 1 Liège | €2.0m | -€0.005m | 46.3% | 2.2 |
These companies have the same main activity as Sequesto: computer consultancy and computer facilities management (NACE 62200). They are comparable in size and age: total assets between €1.8m and €4.8m, founded between 2017 and 2022.
Sequesto files the micro format. That format states no turnover. The gross margin fell from -€4,684 in 2021 to -€142,117 in 2025.
Sources: KBO register, filings at the National Bank, Belgian Official Gazette.
Turnover and EBIT margin are not published. The micro format does not require them.
Higher than 68% of 22,044 companies in 2025.
Higher than 91% of 21,344 companies in 2025.
Higher than 9% of 21,535 companies in 2025.
Net result: bottom quarter · Equity: top quarter · Balance sheet total: top quarter · Working capital: top quarter
Staff costs divided by the average number of full-time equivalents.
In 2025, 1 person joined and nobody left.
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| Balance sheet: assets | ||||||
20/58 |
3.5m | 1.2m | 1.0m | 896,376 | 207,448 | |
21/28 |
1.1m | 951,681 | 360,302 | 412,439 | 4,221 | |
21 |
1.1m | 951,308 | 358,604 | 409,833 | - | |
22/27 |
9,402 | 373 | 1,698 | 2,605 | 4,221 | |
24 |
9,402 | 373 | 1,698 | 2,605 | 4,221 | |
28 |
18,975 | - | - | - | - | |
29/58 |
2.3m | 264,900 | 664,570 | 483,938 | 203,227 | |
40/41 |
253,398 | 100,299 | 95,427 | 36,830 | 22,675 | |
40 |
232,212 | 99,962 | 59,316 | 23,232 | - | |
41 |
21,186 | 337 | 36,111 | 13,598 | 22,675 | |
50/53 |
1.9m | 61,702 | 425,328 | 399,999 | - | |
54/58 |
158,332 | 96,167 | 140,767 | 47,109 | 180,552 | |
490/1 |
11,196 | 6,733 | 3,048 | - | - | |
| Balance sheet: equity and liabilities | ||||||
10/49 |
3.5m | 1.2m | 1.0m | 896,376 | 207,448 | |
10/15 |
2.6m | 73,461 | -137,481 | 595,587 | -58,403 | |
10/11 |
3.7m | 625,002 | 625,002 | 625,002 | 50,001 | |
10 |
- | - | - | 625,002 | - | |
100 |
- | - | - | 625,002 | 50,001 | |
14 |
-1.1m | -551,540 | -762,483 | -29,415 | -108,404 | |
17/49 |
868,557 | 1.1m | 1.2m | 300,790 | 265,852 | |
17 |
335,282 | 869,013 | 992,569 | 252,632 | 193,534 | |
170/4 |
335,282 | 869,013 | 992,569 | 252,632 | 193,534 | |
42/48 |
188,916 | 271,382 | 164,368 | 45,223 | 69,382 | |
42 |
115,049 | 110,623 | 6,462 | 966 | 966 | |
44 |
39,302 | 37,772 | 66,642 | 11,841 | - | |
440/4 |
39,302 | 37,772 | 66,642 | 11,841 | - | |
45 |
33,514 | 27,862 | 68,154 | 32,416 | 13,144 | |
450/3 |
360 | 20,445 | 1,865 | 1,772 | 863 | |
454/9 |
33,154 | 7,418 | 66,289 | 30,643 | 12,281 | |
47/48 |
1,051 | 95,124 | 23,110 | - | 55,272 | |
492/3 |
344,358 | 2,725 | 5,416 | 2,935 | 2,935 | |
| Income statement | ||||||
9900 |
-142,117 | 194,128 | -294,024 | 435,949 | -4,684 | |
62 |
170,929 | 195,691 | 355,930 | 242,650 | 99,160 | |
630 |
160,275 | 129,110 | 53,144 | 104,074 | 627 | |
640/8 |
10,218 | 9,423 | 2,718 | 122 | - | |
9901 |
-483,539 | -140,096 | -705,816 | 89,103 | -104,470 | |
75/76B |
2,905 | 1,005 | 469 | - | - | |
75 |
2,905 | 1,005 | 469 | - | - | |
65/66B |
45,766 | 55,220 | 27,199 | 9,459 | 3,746 | |
65 |
45,766 | 55,220 | 27,199 | 9,459 | 3,746 | |
9903 |
-526,400 | -194,311 | -732,546 | 79,643 | -108,216 | |
67/77 |
973 | 331 | 522 | 654 | 188 | |
9904 |
-527,373 | -194,641 | -733,068 | 78,989 | -108,404 | |
9905 |
-527,373 | -194,641 | -733,068 | 78,989 | -108,404 | |
| Appropriation of the result | ||||||
9906 |
-1.1m | -551,540 | -762,483 | -29,415 | -108,404 | |
14P |
-551,540 | -356,899 | -29,415 | -108,404 | - | |
| Social balance sheet | ||||||
9087 |
2.1 | 2.3 | 4.9 | 4.1 | 2.1 | |
Hours worked1013 |
3,509 | 4,118 | 8,728 | 7,015 | 3,221 | |
| Document | ||||||
The notes to these accounts have 15 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 28-07-2026.
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 31-12-2025 | micro format | 28-07-2026 | 2026-00341333 | |
| 31-12-2024 | micro format | 25-08-2025 | 2025-00411950 | |
| 31-12-2023 | micro format | 21-11-2024 | 2024-00603096 | |
| 31-12-2022 | micro format | 06-04-2023 | 2023-00054813 | |
| 31-12-2021 | micro format | 31-01-2022 | 2022-02800550 |
| Year | Entries | Awarded | Paid |
|---|---|---|---|
| 2024 | 2 | €945 | €25,945 |
| 2023 | 3 | €54,500 | €30,760 |
| 2022 | 1 | €1,260 | €0 |
| Line | Trend | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|---|
| -323,264 | -10,986 | -652,672 | 193,177 | -103,844 | ||
| -367,098 | -65,532 | -679,923 | 183,064 | -107,778 | ||
| 347,947 | 314,905 | 1,007 | 512,292 | 4,848 | ||
| 62,165 | -44,600 | 93,658 | -133,443 | - | ||
| 2.1m | -6,481 | 500,202 | 438,715 | 133,844 | ||
| 74.9% | 6.0% | -13.4% | 66.4% | -28.2% | ||
| 12.31 | 0.98 | 4.04 | 10.70 | 2.93 | ||
| 0.33 | 15.56 | - | 0.51 | - | ||
| -20.3% | -265.0% | - | 13.3% | - | ||
| -15.2% | -16.0% | -71.5% | 8.8% | -52.3% | ||
| -7.06 | -0.20 | -24.00 | 20.42 | - |
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.
| Item | 31-12-2025 | 31-12-2024 | 31-12-2023 | 31-12-2022 |
|---|---|---|---|---|
| Employees at the balance-sheet date | 3 | 2 | 5 | 4 |
| full-time | 3 | 2 | 5 | 4 |
| part-time | 0 | 0 | 0 | - |
| in full-time equivalents | 3 | 2 | 5 | 4 |
| 2.1 | 2.3 | 4.9 | 4.1 | |
| On a permanent contract | 3 | 2 | 5 | 4 |
| Joined | 1 | 0 | 2 | 2 |
| Left | 0 | 3 | 1 | 2 |
Source: social balance sheet in the 2022 to 2025 annual accounts
| Item | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Tangible fixed assets | €9,580 | - | €1,007 | - |
| Intangible fixed assets | €319,392 | €314,905 | - | €512,292 |
| Financial fixed assets | €18,975 | - | - | - |
| €160,275 | €129,110 | €53,144 | €104,074 |
Source: notes to the 2022 to 2025 annual accounts (statement of fixed assets)
The operating result for 2025 is a loss of €483,539, larger than the loss of €140,096 in 2024.
Debt's share of the balance-sheet total falls from 94.0% to 25.1%. Equity is higher and debt is lower.
Source: lists of holdings in the owners' accounts
Sequesto has no parent and no holdings in its annual accounts.
via , at Sequesto, last mentioned in 2025 · Director general · deed of 12-06-2015 founded in 2011 |
2.6 FTE (2025) |
via , at Sequesto, last mentioned in 2025 · Director · deed of 16-09-2025 founded in 2020 |
total assets €920,905 (2025) |
The network starts from the earlier ties.
Deadline for the 2026 accounts: 31-07-2027
Financial milestones sit on the financial year-end date, not the filing date.
Sources: Publications in the Belgian Official GazetteFilings with the National Bank
| Establishment | Since | Unit number |
|---|---|---|
| Emiel Fleerackerslaan 25 registered office 9120 Beveren-Kruibeke-Zwijndrecht | 03-08-2020 | 2.306.596.850 |
| Cadastral parcel | Area | Buildings | Height / floors |
|---|---|---|---|
| 46016C0061/00P000 | 955 m² | 1 · 162 m² | 7.8 m · 2 |
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