SEQUOIA
Dissolved and wound up on 26-03-2026Financials · financial year 2026, abbreviated format
Annual accounts 2026 filed on 09-04-2026 PDF all 28 filings
Turnover
≈ €2,100
Estimated: probably between €880 and €5,300
Total assets
€2.2m▲ 4.1%
2025 · €2.1m
Net result
€133,817▼ 56.3%
2025 · €306,151
Working capital
€344,975▼ 76.4%
2025 · €1.5m
Multi-year overview
2018 to 2026, 9 financial yearsOperating result
-€124
2026
20182026
Net result
€133,817
▼ 56.3%
2026
20182026
Equity
€344,975
▼ 83.3%
2026
20182026
Total assets
€2.2m
▲ 4.1%
2026
20182026
Debt
€1.8m
▲ 39×
2026
20182026
Working capital
€344,975
▼ 76.4%
2026
20182026
Every figure per financial year
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023202420252026
Operating result€0.02m-€0.01m▼ 38.5%€0.7m▲ 58×€0.02m▼ 96.8%€0.03m▲ 49.5%€0.02m▼ 43.1%€0.04m▲ 96.0%€0.4m▲ 12×-€124
Net result€0.01m-€0.008m▼ 38.6%€0.5m▲ 57×€0.02m▼ 96.5%-€0.03m€0.04m€0.05m▲ 24.0%€0.3m▲ 555%€0.1m▼ 56.3%
Equity€1.2m-€1.2m▲ 0.7%€1.7m▲ 38.6%€1.7m▲ 1.0%€1.7m▼ 1.7%€1.7m▲ 2.3%€1.8m▲ 2.7%€2.1m▲ 17.5%€0.3m▼ 83.3%
Total assets€1.3m-€1.3m▲ 1.3%€1.9m▲ 47.0%€1.7m▼ 11.3%€1.7m▼ 1.3%€1.7m▲ 2.1%€1.8m▲ 2.5%€2.1m▲ 19.0%€2.2m▲ 4.1%
Debt€0.09m-€0.1m▲ 9.5%€0.3m▲ 149%€0.02m▼ 93.1%€0.02m▲ 40.7%€0.02m▼ 10.4%€0.02m▼ 18.7%€0.05m▲ 170%€1.8m▲ 39×
Working capital€0.3m-€0.3m▲ 4.9%€1.1m▲ 247%€1.1m▲ 2.1%€1.1m▼ 2.1%€1.1m▲ 4.0%€1.2m▲ 4.3%€1.5m▲ 26.5%€0.3m▼ 76.4%
The operating result for 2026 is a loss of €124, after a profit of €429,121 in 2025. It is the lowest result since 2018.
Large changes and their cause
- 2026 Net result -56% on 2025. This financial year ran 3 months, the previous one 12.
Turnover and EBIT margin are not published. The abbreviated format does not require them. The turnover shown is an estimate from the gross margin.
Balance-sheet composition
2026 in colour, 2025 as the grey bar beneath
Equity and liabilities €2.2m
Equity
€344,975 ▼ 83.3%
Debt
€1.8m ▲ 39×
Debt's share of the balance-sheet total rises from 2.3% to 84.3%. Equity is lower and debt is higher.
Key figures and ratios
Current ratio
1.19▼
2025 · 31.43
Debt to equity
5.36▲
2025 · 0.02
ROE
38.8%▲
2025 · 14.9%
ROA
6.1%▼
2025 · 14.5%
Debt ≤ 1 year
€1.8m▲
2025 · €47,961
Income taxes
€25,995▼
2025 · €144,221
Green means a favourable move, even when the figure itself falls, as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €6,098 | €6,098 | €6,098 | €6,098 | €6,098 | €5,117 | €549 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €7,046 | €6,909 | €7,991 | €7,833 | €6,640 | €437 | ▼ 93.4% |
| Gross operating margin9900 | €35,159 | €33,948 | €715,813 | €35,300 | €46,123 | €31,967 | €45,349 | €435,761 | €312 | ▼ 99.9% |
| Operating profit (loss)9901 | €19,553 | €12,027 | €702,480 | €22,157 | €33,117 | €18,859 | €36,967 | €429,121 | -€124 | - |
| Financial income75/76B | - | - | - | €11,200 | €12,040 | €11,819 | €27,378 | €30,784 | €160,673 | ▲ 422% |
| Recurring financial income75 | €62 | €52 | - | €11,200 | €12,040 | €11,819 | €27,378 | €30,784 | €160,673 | ▲ 422% |
| Financial charges65/66B | - | - | - | €6,919 | €63,634 | -€16,283 | -€2,823 | €9,532 | €737 | ▼ 92.3% |
| Recurring financial charges65 | €28 | €53 | €56 | €6,919 | €63,634 | -€16,283 | -€2,823 | €9,532 | €737 | ▼ 92.3% |
| Profit (loss) for the period before taxes9903 | €19,587 | €12,025 | €702,424 | €26,437 | -€18,477 | €46,962 | €67,168 | €450,373 | €159,812 | ▼ 64.5% |
| Income taxes67/77 | €6,184 | €3,796 | €234,274 | €10,063 | €10,050 | €9,296 | €20,445 | €144,221 | €25,995 | ▼ 82.0% |
| Profit (loss) for the period9904 | €13,403 | €8,229 | €468,150 | €16,374 | -€28,528 | €37,666 | €46,722 | €306,151 | €133,817 | ▼ 56.3% |
| Profit (loss) for the period to be appropriated9905 | €13,403 | €8,229 | €468,150 | €16,374 | -€28,528 | €37,666 | €46,722 | €306,151 | €133,817 | ▼ 56.3% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||||
| Total assets20/58 | €1.3m | €1.3m | €1.9m | €1.7m | €1.7m | €1.7m | €1.8m | €2.1m | €2.2m | ▲ 4.1% |
| Fixed assets21/28 | €0.9m | €0.9m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0 | ▼ 100% |
| Tangible fixed assets22/27 | €0.3m | €0.3m | €0.02m | €0.01m | €0.006m | €0.001m | €0 | - | - | - |
| Land and buildings22 | - | - | - | €0.01m | €0.006m | €0.001m | €0 | - | - | - |
| Financial fixed assets28 | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0.6m | €0 | ▼ 100% |
| Current assets29/58 | €0.4m | €0.4m | €1.3m | €1.1m | €1.1m | €1.1m | €1.2m | €1.5m | €2.2m | ▲ 45.5% |
| Amounts receivable within one year40/41 | €0.3m | €0.3m | €0.2m | €0.2m | €0.2m | €0.2m | €0 | €0.1m | €0.7m | ▲ 554% |
| Other amounts receivable41 | - | - | - | €0.2m | €0.2m | €0.2m | €0 | €0.1m | €0.7m | ▲ 554% |
| Current investments50/53 | - | - | - | €0.5m | €0.4m | €0.8m | €0.8m | €0.7m | €0.08m | ▼ 89.5% |
| Cash at bank and in hand54/58 | €0.08m | €0.1m | €1.1m | €0.4m | €0.4m | €0.1m | €0.4m | €0.7m | €1.4m | ▲ 103% |
| Deferred charges and accrued income490/1 | - | - | - | €0.001m | €0.001m | €0.007m | €0.02m | €0 | - | - |
| Equity and liabilities | ||||||||||
| Total equity and liabilities10/49 | €1.3m | €1.3m | €1.9m | €1.7m | €1.7m | €1.7m | €1.8m | €2.1m | €2.2m | ▲ 4.1% |
| Equity10/15 | €1.2m | €1.2m | €1.7m | €1.7m | €1.7m | €1.7m | €1.8m | €2.1m | €0.3m | ▼ 83.3% |
| Contributions10/11 | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Capital10 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Issued capital100 | - | - | - | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | €0.3m | = |
| Reserves13 | €0.08m | €0.08m | €0.5m | €0.6m | €0.6m | €0.6m | €0.6m | €1.0m | €0 | ▼ 100% |
| Non-distributable reserves130/1 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0 | ▼ 100% |
| Legal reserve130 | - | - | - | €0.05m | €0.05m | €0.05m | €0.05m | €0.05m | €0 | ▼ 100% |
| Distributable reserves133 | - | - | - | €0.5m | €0.5m | €0.6m | €0.6m | €0.9m | €0 | ▼ 100% |
| Profit (loss) carried forward14 | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0.8m | €0 | ▼ 100% |
| Amounts payable17/49 | €0.09m | €0.1m | €0.3m | €0.02m | €0.02m | €0.02m | €0.02m | €0.05m | €1.8m | ▲ 39× |
| Amounts payable within one year42/48 | €0.09m | €0.1m | €0.3m | €0.02m | €0.02m | €0.02m | €0.02m | €0.05m | €1.8m | ▲ 39× |
| Trade debts44 | €233 | €0.001m | €0.01m | €0.006m | €0.005m | €0.002m | €0.003m | €0.02m | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €0.006m | €0.005m | €0.002m | €0.003m | €0.02m | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €0.01m | €0.02m | €0.02m | €0.009m | €0.03m | €0.3m | ▲ 855% |
| Taxes450/3 | - | - | - | €0.01m | €0.02m | €0.02m | €0.009m | €0.03m | €0.3m | ▲ 855% |
| Other amounts payable47/48 | - | - | - | €0.002m | €0.002m | €0.003m | €0.006m | €0 | €1.6m | - |
| Accrued charges and deferred income492/3 | - | - | - | - | €50 | €0 | - | - | - | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | Change |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €13,403 | €8,229 | €468,150 | €16,374 | -€28,528 | €37,666 | €46,722 | €306,151 | €133,817 | ▼ 56.3% |
| + Depreciation and write-downs630 | €6,098 | €6,098 | €6,098 | €6,098 | €6,098 | €5,117 | €549 | €0 | - | - |
| Operating cash flow (approximation) | €19,501 | €14,327 | €474,247 | €22,472 | -€22,430 | €42,783 | €47,271 | €306,151 | €133,817 | ▼ 56.3% |
| Investment in fixed assets (approximation) | - | €0 | €282,413 | €0 | €0 | €0 | €0 | €0 | €600,787 | - |
| Change in cash | - | €28,089 | €965,734 | -€694,182 | €33,630 | -€282,178 | €261,009 | €286,513 | €701,854 | ▲ 145% |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Latest 10 of 28 filings with the National Bank
| Financial year | Type | Filed | Reference | Document |
|---|---|---|---|---|
| 26-03-2026 | abbreviated format | 09-04-2026 | 2026-00077126 | |
| 31-12-2025 | abbreviated format | 09-04-2026 | 2026-00077125 | |
| 31-12-2024 | abbreviated format | 17-07-2025 | 2025-00287564 | |
| 31-12-2023 | abbreviated format | 28-08-2024 | 2024-00387693 | |
| 31-12-2022 | abbreviated format | 29-11-2023 | 2023-00518163 | |
| 31-12-2021 | abbreviated format | 21-12-2022 | 2022-20542559 | |
| 31-12-2020 | abbreviated format | 30-09-2021 | 2021-70200476 | |
| 31-12-2019 | abbreviated format | 08-09-2020 | 2020-51700378 | |
| 31-12-2018 | abbreviated format | 05-08-2019 | 2019-43600221 | |
| 31-12-2017 | abbreviated format | 06-08-2018 | 2018-44900367 |