SEQUOIA
InactiveFinancials · financial year 2024, full format
2024 annual accounts filed late (28 days) Filed on 28 August 2025, deadline 31 July 2025 (7 months after the close on 31 December 2024, Companies Code art. 3:10). Source: NBB, 2025-00425165.
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
-€1,780
2023 · €17,118
Working capital
€244,296▼ 0.7%
2023 · €246,075
Trend over the years
2020 to 2024, 5 financial years 2018 to 2024, 7 financial years
The operating result turns negative in 2024: a loss of €1,750 after €23,026 in 2023, the lowest 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-€1,750
2024
Net result-€1,780
2024
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€244,585
2024
Equity€244,296
2024
Debt€290
2024
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€244,296
2024
Average staff in full-time equivalents (FTE).
Staff (FTE)0
2024
Use the arrow keys on the chart for the figures per year.
Every figure with its change against the financial year before
favourable
unfavourable
Line2018201920202021202220232024
Operating result€25,664-€15,943▼ 37.9%€39,279▲ 146%€12,543▼ 68.1%€38,881▲ 210%€23,026▼ 40.8%-€1,750
Net result€31,206-€20,660▼ 33.8%€37,662▲ 82.3%€18,274▼ 51.5%€33,478▲ 83.2%€17,118▼ 48.9%-€1,780
Equity€155,293-€165,508▲ 6.6%€192,725▲ 16.4%€200,554▲ 4.1%€228,958▲ 14.2%€246,075▲ 7.5%€244,296▼ 0.7%
Total assets€280,485-€313,029▲ 11.6%€282,916▼ 9.6%€246,848▼ 12.7%€255,297▲ 3.4%€249,282▼ 2.4%€244,585▼ 1.9%
Debt€125,193-€147,521▲ 17.8%€90,192▼ 38.9%€46,294▼ 48.7%€26,339▼ 43.1%€3,207▼ 87.8%€290▼ 91.0%
Working capital€114,379-€132,846▲ 16.1%€168,720▲ 27.0%€186,523▲ 10.6%€228,958▲ 22.8%€246,075▲ 7.5%€244,296▼ 0.7%
Staff (FTE)000
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Equity and liabilities €244,585
Equity
€244,296 ▼ 0.7%
Debt
€290 ▼ 91.0%
Debt's share of the balance-sheet total falls from 1.3% to 0.1%. Equity and debt are lower.
Key figures and ratios
Debt to equity
0.00▼
2023 · 0.01
ROE
-0.7%▼
2023 · 7.0%
ROA
-0.7%▼
2023 · 6.9%
Debt ≤ 1 year
€290▼
2023 · €3,207
Income taxes
€0▼
2023 · €5,706
A ratio outside any meaningful range has been withheld (balance sheet total €244,585, equity €244,296).
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 | Change |
|---|---|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €33,684 | €34,028 | €34,029 | €34,039 | €21,583 | €0 | - | - |
| Other operating charges640/8 | - | - | - | €421 | €423 | €469 | €636 | ▲ 35.5% |
| Gross operating margin9900 | €59,808 | €50,391 | €73,728 | €47,002 | €60,887 | €23,495 | -€1,114 | - |
| Operating profit (loss)9901 | €25,664 | €15,943 | €39,279 | €12,543 | €38,881 | €23,026 | -€1,750 | - |
| Financial income75/76B | - | - | - | €10,445 | €5,074 | €0 | - | - |
| Recurring financial income75 | €10,445 | €10,445 | €10,445 | €10,445 | €5,074 | €0 | - | - |
| Financial charges65/66B | - | - | - | €2,122 | €1,020 | €202 | €30 | ▼ 85.2% |
| Recurring financial charges65 | €4,903 | €3,988 | €2,787 | €2,122 | €1,020 | €202 | €30 | ▼ 85.2% |
| Profit (loss) for the period before taxes9903 | €31,206 | €22,400 | €46,937 | €20,866 | €42,935 | €22,824 | -€1,780 | - |
| Income taxes67/77 | - | €1,740 | €9,275 | €2,592 | €9,456 | €5,706 | €0 | ▼ 100% |
| Profit (loss) for the period9904 | €31,206 | €20,660 | €37,662 | €18,274 | €33,478 | €17,118 | -€1,780 | - |
| Profit (loss) for the period to be appropriated9905 | €31,206 | €20,660 | €37,662 | €18,274 | €33,478 | €17,118 | -€1,780 | - |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Assets | ||||||||
| Total assets20/58 | €280,485 | €313,029 | €282,916 | €246,848 | €255,297 | €249,282 | €244,585 | ▼ 1.9% |
| Fixed assets21/28 | €122,635 | €89,650 | €55,622 | €21,583 | €0 | - | - | - |
| Tangible fixed assets22/27 | €122,635 | €89,650 | €55,622 | €21,583 | €0 | - | - | - |
| Plant, machinery and equipment23 | - | - | - | €21,583 | €0 | - | - | - |
| Furniture and vehicles24 | - | - | - | €0 | - | - | - | - |
| Current assets29/58 | €157,850 | €223,379 | €227,295 | €225,264 | €255,297 | €249,282 | €244,585 | ▼ 1.9% |
| Amounts receivable within one year40/41 | €155,243 | €222,883 | €226,025 | €220,286 | €252,886 | €248,350 | €243,681 | ▼ 1.9% |
| Trade receivables40 | - | - | - | €134,154 | €172,478 | €167,764 | €163,046 | ▼ 2.8% |
| Other amounts receivable41 | - | - | - | €86,133 | €80,408 | €80,585 | €80,635 | ▲ 0.1% |
| Cash at bank and in hand54/58 | €2,607 | €496 | €1,269 | €4,978 | €2,411 | €932 | €904 | ▼ 3.0% |
| Equity and liabilities | ||||||||
| Total equity and liabilities10/49 | €280,485 | €313,029 | €282,916 | €246,848 | €255,297 | €249,282 | €244,585 | ▼ 1.9% |
| Equity10/15 | €155,293 | €165,508 | €192,725 | €200,554 | €228,958 | €246,075 | €244,296 | ▼ 0.7% |
| Contributions10/11 | €20,000 | €20,000 | - | €20,000 | €20,000 | €20,000 | €20,000 | = |
| Reserves13 | €42,909 | €42,909 | €42,909 | €42,909 | €42,909 | €42,909 | €42,909 | = |
| Non-distributable reserves130/1 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Reserves not available under the articles1311 | - | - | - | €2,000 | €2,000 | €2,000 | €2,000 | = |
| Tax-exempt reserves132 | - | - | - | €40,909 | €40,909 | €40,909 | - | - |
| Distributable reserves133 | - | - | - | - | - | - | €40,909 | - |
| Profit (loss) carried forward14 | €55,975 | €76,634 | €114,296 | €132,570 | €166,048 | €183,166 | €181,387 | ▼ 1.0% |
| Investment grants15 | - | - | - | €5,074 | €0 | - | - | - |
| Amounts payable17/49 | €125,193 | €147,521 | €90,192 | €46,294 | €26,339 | €3,207 | €290 | ▼ 91.0% |
| Amounts payable after more than one year17 | €81,356 | €56,989 | €31,617 | €7,553 | €0 | - | - | - |
| Financial debts170/4 | - | - | - | €7,553 | €0 | - | - | - |
| Amounts payable within one year42/48 | €43,471 | €90,533 | €58,575 | €38,741 | €26,339 | €3,207 | €290 | ▼ 91.0% |
| Current portion of amounts payable after more than one year42 | - | - | - | €26,218 | €8,617 | €0 | - | - |
| Trade debts44 | €3,537 | €6,369 | €3,385 | €2,190 | €2,190 | €2,190 | €0 | ▼ 100% |
| Suppliers440/4 | - | - | - | €2,190 | €2,190 | €2,190 | €0 | ▼ 100% |
| Taxes, remuneration and social security45 | - | - | - | €10,043 | €15,243 | €727 | €0 | ▼ 100% |
| Taxes450/3 | - | - | - | €10,043 | €15,243 | €727 | €0 | ▼ 100% |
| Other amounts payable47/48 | - | - | - | €290 | €290 | €290 | €290 | = |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | Change |
|---|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €31,206 | €20,660 | €37,662 | €18,274 | €33,478 | €17,118 | -€1,780 | - |
| + Depreciation and write-downs630 | €33,684 | €34,028 | €34,029 | €34,039 | €21,583 | €0 | - | - |
| Operating cash flow (approximation) | €64,890 | €54,688 | €71,691 | €52,313 | €55,061 | €17,118 | -€1,780 | - |
| Investment in fixed assets (approximation) | - | -€1,043 | €0 | €0 | €0 | - | - | - |
| Change in cash | - | -€2,111 | €773 | €3,709 | -€2,567 | -€1,479 | -€28 | ▲ 98.1% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 13 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2024 | full format | 28-08-2025 | 2025-00425165 |
| 31-12-2023 | full format | 12-07-2024 | 2024-00250459 |
| 31-12-2022 | full format | 28-08-2023 | 2023-00410395 |
| 31-12-2021 | full format | 30-08-2022 | 2022-20393875 |
| 31-12-2020 | full format | 20-08-2021 | 2021-50700531 |
| 31-12-2019 | full format | 21-08-2020 | 2020-43100433 |
| 31-12-2018 | micro format | 31-08-2019 | 2019-60500179 |
| 31-12-2017 | micro format | 31-08-2018 | 2018-59900124 |
| 31-12-2016 | micro format | 31-08-2017 | 2017-58300346 |
| 31-12-2015 | full format | 31-08-2016 | 2016-55900585 |
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.