SEQUOIA BAY
ActiveSEQUOIA BAY has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €279k and a net result of €9k. Equity remains stable across the filed fiscal years (±0.3% per year). Its solvency ranks better than 86% of 218 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.4% (very low).
Checked score
Score 2024
56
/ 100
Fair
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability22▼-45
Solvency100▲+4
Growth38▲+16
Track record100
Bankruptcy probability, 12 months
0.4%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €15k at 30 days only on tighter terms
cash: 0.9% of total assets, and 13% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 51
Relative position
BE, all sectors
reference
Sector 51
higher
← fewer bankruptcies
more bankruptcies →
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 19-12-2025, 141 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 filingsDeviation from the deadline
2025
not confirmed
2024
141 d late
2023
68 d late
2022
125 d late
2021
153 d late
2020
109 d late
2019
69 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
€19k▼ 21.9%
2018 · €24k
2018: €24k
2018 → 2019
EBIT margin
5.5%▼ 5.8pp
2018 · 11.3%
2018: 11.3%
2018 → 2019
Net result
€9k
2023 · €-5k
2018: €2k
2019: €611
2020: €-430
2021: €-549
2022: €-7k
2023: €-5k
2018 → 2024
Working capital
€-16k▼ 4.1%
2022 · €-15k
2018: €2k
2019: €2k
2020: €-10k
2021: €-11k
2022: €-15k
2018 → 2023
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€282k-€282k▼ 0.2%€275k▼ 2.3%€271k▼ 1.7%€279k▲ 3.2%
Operating result€254-€2k▲ 597%€-6k€-2k▲ 56.5%€-283k▼ 11,610%
Net result€-430-€-549▼ 27.7%€-7k▼ 1,094%€-5k▲ 28.5%€9k
Result per fiscal year
Operating resultNet result
The operating result stays negative: a loss of €283k in 2024 against €2k 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 €321k
Fixed assets
€139k▼ 60.4%
Current assets
€182k▲ 471%
Equity and liabilities €321k
Equity
€279k▲ 3.2%
Debt
€42k▼ 62.5%
The debt ratio falls from 29.2% to 13.0%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€-248k▼
2023 · €6k
Cash flow
€43k▲
2023 · €4k
Solvency
87.0%▲
2023 · 70.8%
Debt / equity
0.15▼
2023 · 0.41
ROE
3.1%▲
2023 · -1.7%
ROA
2.7%▲
2023 · -1.2%
Interest coverage
-450.82▼
2023 · 8.38
Debt
€42k▼
2023 · €111k
Debt > 1 year
€42k▼
2023 · €64k
Income taxes
€416▼
2023 · €2k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€382k€321k▼
Fixed assets21/28€350k€139k▼
Tangible fixed assets22/27€17k€139k▲
Plant, machinery and equipment23€360€40k▲
Furniture and vehicles24€17k€99k▲
Financial fixed assets28€333k€0▼
Current assets29/58€32k€182k▲
Amounts receivable within one year40/41€30k€179k▲
Other amounts receivable41€30k€179k▲
Cash at bank and in hand54/58€2k€3k▲
Deferred charges and accrued income490/1€1-
Equity and liabilities
Total equity and liabilities10/49€382k€321k▼
Equity10/15€271k€279k▲
Contributions10/11€250k€250k=
Capital10€250k€250k=
Issued capital100€250k€250k=
Reserves13€20k€29k▲
Non-distributable reserves130/1€2k€4k▲
Legal reserve130€2k€4k▲
Distributable reserves133€19k€25k▲
Profit (loss) carried forward14€43€274▲
Amounts payable17/49€111k€42k▼
Amounts payable after more than one year17€64k€42k▼
Financial debts170/4€64k€42k▼
Amounts payable within one year42/48€47k-
Current portion of amounts payable after more than one year42€7k-
Other amounts payable47/48€40k-
Income statement
Code20232024
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€9k€34k▲
Other operating charges640/8€1k€2k▲
Gross operating margin9900€8k€-246k▼
Operating profit (loss)9901€-2k€-283k▼
Financial income75/76B-€293k
Recurring financial income75-€293k
Financial charges65/66B€735€551▼
Recurring financial charges65€735€551▼
Profit (loss) for the period before taxes9903€-3k€9k▲
Income taxes67/77€2k€416▼
Profit (loss) for the period9904€-5k€9k▲
Profit (loss) for the period to be appropriated9905€-5k€9k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-5k€9k▲
Profit (loss) brought forward from the previous period14P€33€44▲
Transfer from equity791/2€5k-
Transfer to equity691/2-€9k
To the legal reserve6920-€3k
To other reserves6921-€6k
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
19-12
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 141 days late
2024
31-12
Financial
Back to profitnet €9k
Net result €9k after 4 loss-making years.
07-10
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 68 days late
2023
03-12
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 125 days late
2022
31-12
Financial
Weakest financial yearnet €-7k
Net result drops to €-7k, the lowest in the series; recovery starts the following year.
31-12
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 153 days late
2021
17-11
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 109 days late
2020
08-10
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 69 days late
2019
06-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 6 days late
2018
20-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
16-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 16 days late
2016
29-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
5 acts for this company are 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, Mons · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue de la Licorne (H.) 527022 MonsGround area
1,922 m²
Building footprint
133 m²
Volume, LiDAR
1,292 m³
Parcel 53042A0004/00S000, Wallonia · tallest building 14.2 m, ±3 floors. Linked by address, not a title deed.
1 establishment unit
SA SEQUOIA BAY
since 20032.132.683.570
1 parcel
Wallonia
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 53042A0004/00S000 | Wallonia | 1,922 m² | 1 · 133 m² | 14.2 m · 3 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 452 companies in sector 51100 we hold annual accounts for 170. 108 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPublic limited company
Founded16-07-2003
Fiscal year end31-12
Activities, NACEBEL
51100Air transport
70111
68121Development of residential building projects
68122Development of non-residential building projects
70112
70200Business and other management consultancy
70220Business consulting
73110Advertising agencies
74142
74401
82990Other business support services
Sources
Crossroads Bank for EnterprisesNational Bank · 21 filingsAddress and cadastre registers
Data from official sources, last processed on 20-09-2026. Scores and ratios are computed by Checked and are not a credit decision.