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SEQUOIA

Active
Public limited companyfounded 199827 yrs activeKruisstraat(BOR) 8, 2880 Bornem, BelgiumKBO/BCE: BE 0464.408.878
Summary

SEQUOIA has been active since 1998 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €300,860 and a net result of -€4,547. Equity is growing by ~15.4% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2024
Axes · tick = 2023
Profitability26▲+2
Solvency78=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €17,000 at 30 days only on tighter terms
Liquidity ample (current ratio 46.05 against 41.53 in 2023; short-term debt: 1.1% and cash: 0% of total assets), and 46.7% of the assets are financed with debt.
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Signals

Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024
Solvency, return and age of the figures
Solvency
53.3%
Return on assets
-0.8%
Age of the figures
21 mo
raises risk · Filed more than 90 days late
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 18-12-2025, 140 days past the deadline. Measured on financial year 2023: companies more than 90 days late are in an abnormal legal state today in 5.61% of cases, against 1.66% across all filers.
NBB · 10 filings
Deviation from the deadline
2025
not confirmed
2024
140 d late
2023
120 d late
2022
163 d late
2021
75 d late
2020
50 d early
2019
68 d late
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 6 accounts on average 86 days after the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Checked, nothing found (1)
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

SEQUOIA was incorporated on 20 October 1998.1 Total assets rose from EUR 386,880 in 2018 to EUR 564,745 in 2024.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2024

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Financials · fiscal year 2024, abbreviated schema

Source amounts without an identifiable currency are assumed to be EUR.

Equity
€300,860▼ 1.5%
2023 · €305,406
Total assets
€564,745▼ 1.1%
2023 · €571,305
Net result
-€4,547▲ 28.4%
2023 · -€6,349
Working capital
€273,641▲ 3.7%
2023 · €263,960
Trend over the years

Click a name to add, emphasise or remove a line.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20202021202220232024
Operating result€11,232▲ 613%€319,335▲ 2,743%-€5,023-€8,847▼ 76.1%-€11,056▼ 25.0%
Net result€295▲ 555%€245,885▲ 83,262%-€4,180-€6,349▼ 51.9%-€4,547▲ 28.4%
Equity€70,050▲ 0.4%€315,935▲ 351%€311,755▼ 1.3%€305,406▼ 2.0%€300,860▼ 1.5%
Total assets€345,223▼ 4.9%€608,113▲ 76.2%€605,114▼ 0.5%€571,305▼ 5.6%€564,745▼ 1.1%
Debt€275,173▼ 6.2%€282,391▲ 2.6%€285,147▲ 1.0%€259,262▼ 9.1%€258,824▼ 0.2%
Working capital€159,086▼ 6.7%€242,999▲ 52.7%€259,394▲ 6.7%€263,960▲ 1.8%€273,641▲ 3.7%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Why a figure moved sharply
  • 2021 Net result +83,262% on 2020. The accounts now follow the abbreviated schema, last year the micro schema.
Result per fiscal year
Operating resultNet result
-€100,000€0€100,000€200,000€300,000Operating result 2020: €11,232€11,232Net result 2020: €295€295Operating result 2021: €319,335€319,335Net result 2021: €245,885€245,885Operating result 2022: -€5,023-€5,023Net result 2022: -€4,180-€4,180Operating result 2023: -€8,847-€8,847Net result 2023: -€6,349-€6,349Operating result 2024: -€11,056-€11,056Net result 2024: -€4,547-€4,54720202021202220232024-€15,000-€10,000-€5,000€0Operating result 2022: -€5,023-€5,020Net result 2022: -€4,180-€4,180Operating result 2023: -€8,847-€8,850Net result 2023: -€6,349-€6,350Operating result 2024: -€11,056-€11,100Net result 2024: -€4,547-€4,550202220232024
The operating result stays negative: a loss of €11,056 in 2024 against €8,847 in 2023; the loss grows and 2024 has the lowest result in the available series.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €564,745
Fixed assets €285,030 ▼ 5.3%
Current assets €279,715 ▲ 3.4%
Equity and liabilities €564,745
Equity €300,860 ▼ 1.5%
Provisions €5,062 ▼ 23.7%
Debt €258,824 ▼ 0.2%
Debt's share of the balance-sheet total rises from 45.4% to 45.8%. Equity and debt are lower.
Key figures and ratios
2024 value · change against 2023
EBITDA
€4,747▲
2023 · €3,642
Cash flow
€11,256▲
2023 · €6,141
Current ratio
46.05▲
2023 · 41.53
Debt to equity
0.86▲
2023 · 0.85
ROE
-1.5%▲
2023 · -2.1%
ROA
-0.8%▲
2023 · -1.1%
Interest coverage
0.97▲
2023 · 0.81
Debt ≤ 1 year
€6,074▼
2023 · €6,512
Debt > 1 year
€252,750=
2023 · €252,750
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 8,611 companies that looked in July 2024 the way this one looks now, 0.4% went bankrupt within 24 months and 94% are still going.

  • Small
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.4% went bankrupt
5.1% stopped otherwise
94% still going

A further 0.2% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a higher bankruptcy probability: 0.8% over twelve months. The score reads more about this company than the group's four characteristics; both figures are right about what they measure.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,338 companies of July 2024 its group's bankruptcy share. Expected: 1.6%; actually bankrupt within 24 months: 1.7%.

The companies in ten equal groups, from lowest to highest expected share.
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% 1.0%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.9%
9 3.0% 3.1%
10 5.6% 6.2%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 74% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 8,611 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet Code20232024
Assets
Total assets20/58€571,305€564,745▼
Fixed assets21/28€300,833€285,030▼
Tangible fixed assets22/27€300,833€285,030▼
Land and buildings22€290,747€279,099▼
Plant, machinery and equipment23€4,041€2,472▼
Furniture and vehicles24€6,045€3,460▼
Current assets29/58€270,472€279,715▲
Amounts receivable after more than one year29€215,907€255,726▲
Other amounts receivable291€215,907€255,726▲
Amounts receivable within one year40/41€45,893€23,875▼
Trade receivables40€43,118€23,845▼
Other amounts receivable41€2,775€30▼
Cash at bank and in hand54/58€8,672€114▼
Equity and liabilities
Total equity and liabilities10/49€571,305€564,745▼
Equity10/15€305,406€300,860▼
Contributions10/11€61,973€61,973=
Capital10€61,973€61,973=
Issued capital100€61,973€61,973=
Reserves13€245,057€240,332▼
Non-distributable reserves130/1€6,197€6,197=
Legal reserve130€6,197€6,197=
Tax-exempt reserves132€19,910€15,185▼
Distributable reserves133€218,950€218,950=
Profit (loss) carried forward14-€1,624-€1,445▲
Provisions and deferred taxes16€6,637€5,062▼
Deferred taxes168€6,637€5,062▼
Amounts payable17/49€259,262€258,824▼
Amounts payable after more than one year17€252,750€252,750=
Financial debts170/4€252,750€252,750=
Amounts payable within one year42/48€6,512€6,074▼
Current portion of amounts payable after more than one year42-€26
Trade debts44€2,866€6,048▲
Suppliers440/4€2,866€6,048▲
Other amounts payable47/48€3,646-
Income statement Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€12,489€15,803▲
Other operating charges640/8€505€601▲
Gross operating margin9900€4,147€5,348▲
Operating profit (loss)9901-€8,847-€11,056▼
Financial income75/76B€5,398€9,845▲
Recurring financial income75€5,398€9,845▲
Financial charges65/66B€4,474€4,911▲
Recurring financial charges65€4,474€4,911▲
Profit (loss) for the period before taxes9903-€7,924-€6,122▲
Transfer from deferred taxes780€1,575€1,575=
Profit (loss) for the period9904-€6,349-€4,547▲
Transfer from tax-exempt reserves789€4,725€4,725=
Profit (loss) for the period to be appropriated9905-€1,624€178▲
Appropriation of the result
Profit (loss) to be appropriated9906-€1,624-€1,445▲
Profit (loss) brought forward from the previous period14P--€1,624

The notes to these accounts (5 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20202021202220232024Change
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9,892€16,779€25,581€12,489€15,803▲ 26.5%
Other operating charges640/8-€71,329€1,304€505€601▲ 19.1%
Gross operating margin9900€22,576€407,443€21,862€4,147€5,348▲ 29.0%
Operating profit (loss)9901€11,232€319,335-€5,023-€8,847-€11,056▼ 25.0%
Financial income75/76B-€0-€5,398€9,845▲ 82.4%
Recurring financial income75€1,211€0-€5,398€9,845▲ 82.4%
Financial charges65/66B-€3,348€4,888€4,474€4,911▲ 9.8%
Recurring financial charges65€10,964€3,348€4,888€4,474€4,911▲ 9.8%
Profit (loss) for the period before taxes9903€1,479€315,987-€9,912-€7,924-€6,122▲ 22.7%
Transfer from deferred taxes780-€1,575€1,575€1,575€1,575=
Transfer to deferred taxes680-€11,362----
Income taxes67/77€1,184€60,316-€4,157---
Profit (loss) for the period9904€295€245,885-€4,180-€6,349-€4,547▲ 28.4%
Transfer from tax-exempt reserves789-€4,725€4,725€4,725€4,725=
Transfer to tax-exempt reserves689-€34,085----
Profit (loss) for the period to be appropriated9905€295€216,526€545-€1,624€178▲ 111%
Line20202021202220232024Change
Assets
Total assets20/58€345,223€608,113€605,114€571,305€564,745▼ 1.1%
Fixed assets21/28€134,259€335,472€313,322€300,833€285,030▼ 5.3%
Tangible fixed assets22/27€134,259€335,472€313,322€300,833€285,030▼ 5.3%
Land and buildings22-€300,241€290,747€290,747€279,099▼ 4.0%
Plant, machinery and equipment23-€24,017€13,946€4,041€2,472▼ 38.8%
Furniture and vehicles24-€11,214€8,629€6,045€3,460▼ 42.8%
Current assets29/58€210,964€272,640€291,791€270,472€279,715▲ 3.4%
Amounts receivable after more than one year29-€209,082€215,907€215,907€255,726▲ 18.4%
Other amounts receivable291-€209,082€215,907€215,907€255,726▲ 18.4%
Amounts receivable within one year40/41€168,540€2,775€44,967€45,893€23,875▼ 48.0%
Trade receivables40--€37,720€43,118€23,845▼ 44.7%
Other amounts receivable41-€2,775€7,247€2,775€30▼ 98.9%
Cash at bank and in hand54/58€514€60,783€30,917€8,672€114▼ 98.7%
Equity and liabilities
Total equity and liabilities10/49€345,223€608,113€605,114€571,305€564,745▼ 1.1%
Equity10/15€70,050€315,935€311,755€305,406€300,860▼ 1.5%
Contributions10/11€61,973€61,973€61,973€61,973€61,973=
Capital10-€61,973€61,973€61,973€61,973=
Issued capital100-€61,973€61,973€61,973€61,973=
Reserves13€16,339€253,962€249,782€245,057€240,332▼ 1.9%
Non-distributable reserves130/1-€6,197€6,197€6,197€6,197=
Legal reserve130-€6,197€6,197€6,197€6,197=
Tax-exempt reserves132-€29,360€24,635€19,910€15,185▼ 23.7%
Distributable reserves133-€218,405€218,950€218,950€218,950=
Profit (loss) carried forward14-€8,263---€1,624-€1,445▲ 11.0%
Provisions and deferred taxes16-€9,787€8,212€6,637€5,062▼ 23.7%
Deferred taxes168-€9,787€8,212€6,637€5,062▼ 23.7%
Amounts payable17/49€275,173€282,391€285,147€259,262€258,824▼ 0.2%
Amounts payable after more than one year17€223,296€252,750€252,750€252,750€252,750=
Financial debts170/4-€252,750€252,750€252,750€252,750=
Amounts payable within one year42/48€51,878€29,641€32,397€6,512€6,074▼ 6.7%
Current portion of amounts payable after more than one year42----€26-
Trade debts44€3,330-€2,662€2,866€6,048▲ 111%
Suppliers440/4--€2,662€2,866€6,048▲ 111%
Other amounts payable47/48-€29,641€29,735€3,646--
Line20202021202220232024Change
Profit (loss) for the period9904€295€245,885-€4,180-€6,349-€4,547▲ 28.4%
+ Depreciation and write-downs630€9,892€16,779€25,581€12,489€15,803▲ 26.5%
Operating cash flow (approximation)€10,187€262,664€21,401€6,141€11,256▲ 83.3%
Investment in fixed assets (approximation)--€217,992-€3,431€0€0-
Change in cash-€60,269-€29,866-€22,245-€8,558▲ 61.5%

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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Timeline · acts, filings and financial milestones

2025
18-12
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema · 140 days late
2024
28-11
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema · 120 days late
10-01
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema · 163 days late
2023
31-12
Financial Weakest financial yearnet -€6,349
Net result drops to -€6,349, the lowest in the series; recovery starts the following year.
31-12
Financial Liquidity times 5current ratio 41.53
Current ratio from 9.01 to 41.53; short-term debt falls from €32,397 to €6,512.
2022
14-10
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema · 75 days late
2021
31-12
Financial Highest result since 2018net €245,885 ▲83,262%
Operating result €319,335, net result €245,885, both a record.
31-12
Financial Liquidity doublescurrent ratio 9.20
Current ratio from 4.07 to 9.20; short-term debt falls from €51,878 to €29,641.
31-12
Financial Equity above €200,000Eq €315,935 ▲351%
4 profitable years in a row build equity to €315,935.
11-06
NBB filing Annual accounts filed
fiscal year 2020 · micro schema
2020
07-10
NBB filing Annual accounts filed
fiscal year 2019 · micro schema · 68 days late
2019
22-11
NBB filing Annual accounts filed
fiscal year 2018 · micro schema · 114 days late
Show earlier events
2018
08-10
NBB filing Annual accounts filed
fiscal year 2017 · micro schema · 69 days late
2017
31-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
2016
25-07
NBB filing Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 1 act read
About the unread acts

We know of 1 Belgian State Gazette act for this company. It has not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
1 act for this company is in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Bornem
exact location from the address register On OpenStreetMap
Ground area
1,484 m²
Building footprint
202 m²
Volume, LiDAR
968 m³
Parcel 12007B0713/00Z000, Flanders · tallest building 5.3 m, ±2 floors. Linked by address, not a title deed.
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
12007B0713/00Z000 Flanders 1,484 m² 1 · 202 m² 5.3 m · 2 fl.
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Identification & contact

Identification
Legal formPublic limited company
Founded20-10-1998
Fiscal year end31-12
E-invoicing
Not found in the Peppol register

No Peppol card under this enterprise or VAT number. That proves nothing: publishing a card is voluntary.

What can you do?

Try sending from your invoicing software; if that fails, ask the customer whether they already receive via Peppol.

If the customer is not ready yet, you may send the invoice another way, for example as a PDF; if electronically, with their agreement on a secure alternative. That invoice is valid; the customer risks a penalty. FPS Finance

If you follow this company, Checked tells you the day it appears in the Peppol register.

Register as of 29 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.