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SEQUOIA REAL ESTATE

Active Private limited company (pre-2019)founded 1979active for 47 yearsRollegemseweg 100, 8510 KortrijkKBO/BCE: BE 0419.420.377 subsidiary of SEQUOIA HOLDING

Lifetime

19 annual accounts with figures on one time axis, 47 filings since 1979
peak €1.4m (2016)
€652,847▲ 16.1%
lowest -€234,811 (2018)
€187,331▼ 56.4%
peak €9.3m (2024)
€9.3m▼ 0.3%
€11.7m▲ 48.2%
peak 0 FTE (2025)
0 FTE 
Board4 names since 2013
1 directorSequoia Management BV
Owners
Documentsfilings and deeds
28-05-202664 days before the deadline
2025abbreviated format
Gross margin from €562,151 to €652,847Result from €430,145 to €187,331Merger: SEQUOIA REAL ESTATE takes over GLENDALOH 30-07Merger proposal: SEQUOIA REAL ESTATE takes over GLENDALOH 13-05Dividend €331,181Debts from €7.9m to €11.7m

Key points

from the 2025 annual accounts

Equity

€9.3m ▼ 0.3%
9.32024+0.2Profit-0.3Dividend+0.1Other9.32025

SEQUOIA REAL ESTATE paid out €331,181 in dividends. That is 177% of the 2025 profit.

Result

€187,331 ▼ 56.4%
€430,0002024€187,0002025

The result fell in 2025: the 2024 profit included a one-off income of €309,904.

Debts

€11.7m ▲ 48.2%
Financial debts
+2.7
Other debts
+0.8
Suppliers
+0.04
The rest
+0.2

Debts rose by €3.8m in 2025. A dividend stands under other debts on the balance sheet date until it is paid.

Investments

€1.1m 2.3 × depreciation
20212022202320242025

Green is investment, beige is depreciation. Land and buildings stand 12.1% higher than in 2024.

Filings

47 annual accounts since 1979
AprilJune31 JulyOctober1980199520102025

The last five annual accounts were filed 62 to 67 days before the end of the period.

Checked score

94
Excellent
Financially stronger than 53% of medium-sized companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.1% across 1,721 companies (NACE 68, medium-sized).

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: < 0.1% 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025highest value 06-2025: < 0.1%● unchanged vs 05-2025lowest value 07-2025: < 0.1%● unchanged vs 06-2025lowest value 08-2025: < 0.1%● unchanged vs 07-2025lowest value 09-2025: < 0.1%● unchanged vs 08-2025lowest value 10-2025: < 0.1%● unchanged vs 09-2025lowest value 11-2025: < 0.1%● unchanged vs 10-2025lowest value 12-2025: < 0.1%● unchanged vs 11-2025lowest value 01-2026: < 0.1%● unchanged vs 12-2025lowest value 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: < 0.1%● unchanged vs 07-2026 09-2026: < 0.1%● unchanged vs 08-2026 10-2026: < 0.1%● unchanged vs 09-2026 11-2026: < 0.1%● unchanged vs 10-2026

Financial strength
Average

69-9equity 43.9% of total assets
51-1short-term debt 9.6% · cash 0.5%
41-11return on assets 0.9%

Score breakdown

raises risk
Liquidity: current ratio 5.93, cash €103,527, halved
lowers risk
Size: total assets €21.2m
Founded in 1979
Figures for financial year 2025 (filed on 31-05-2026)
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 68, medium-sized). It does better than 65% of them on solvency, 61% on liquidity, 48% on profitability and 40% on growth.

The bankruptcy probability was computed on 07-11-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

Comparable companies, two years later

In July 2024, 1,887 companies had the same profile as SEQUOIA REAL ESTATE has now. Each dot stands for 5 companies, two years later.

97.9%
were still trading
2.0%
stopped another way
0.1%
went bankrupt
  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a profit under 5% of the balance sheet

That fits the bankruptcy probability of SEQUOIA REAL ESTATE itself: < 0.1% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the 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% 0.9%
6 1.3% 1.5%
7 1.6% 1.8%
8 1.8% 1.8%
9 3.0% 3.1%
10 5.6% 6.2%

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 1,887 companies, not a prediction for SEQUOIA REAL ESTATE. 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.

Credit verdict

Credit of up to €850,000 on 30-day terms is acceptable

Liquidity is ample, with a current ratio of 5.93 (9.32 in 2024), above the usual 1.5. Short-term debt is 9.6% and cash 0.5% of total assets. However, 56.1% of the assets are financed with debt and provisions.

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The scores and ratios are Checked's own calculations, not a credit decision.

Signals

Five signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €21.2m
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · Liquidity: current ratio 5.93, cash €103,527, halved
NBB · annual accounts
lowers risk · Founded in 1979
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 31-05-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 28-05-2026, 64 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
64 days early
2024
63 days early
2023
62 days early
2022
66 days early
2021
67 days early
2020
66 days early
2019
66 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 65 days before the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 May (5 of the last 5 accounts filed within 30 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
08-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

SM
Sequoia Management BV
Director, since 26-12-2019
MA
Auditor, Kristof PLANQUETTE
Board & ownership

Recent changes

Merger: SEQUOIA REAL ESTATE takes over CD & ND Contribution to CD & ND: €476,035.48 · Contribution to PAULUS: €1,617,585.25 · Gazette deed
Merger proposal: SEQUOIA REAL ESTATE BV takes over CD & ND BV Appointment: MOORE AUDIT (opstellen van de schriftelijke verslaggeving in het kader van de fusie dan wel de inbreng in natura) · Permanent representative: Filip Aelvoet · Gazette deed
Registered in the Peppol Directory Reachable for e-invoices through 0208:0419420377
Merger: SEQUOIA REAL ESTATE takes over GLENDALOH Issue of 801 shares · Issue of 658 shares · Board meeting of 26-06-2025 · Gazette deed
All 76 events

Comparable companies

same main activity, similar in size and age
Company
SEQUOIA REAL ESTATE Kortrijk €21.2m €0.7m 43.9% 0
TUH PropCo Brussels Brussels €14.0m €0.9m -15.1% 0
TEP III Industrial Properties Belgium Leuven €11.9m €0.6m 28.8% 0
POULEYN IMMO Anzegem €15.3m €0.8m 62.3% 0
KEROBE Knokke-Heist €21.4m €1.2m 29.4% 0.1
L'Immobilière Dimo Forest €18.1m €1.3m 84.4% 0
CARE ITAL Soignies €16.0m €0.7m 21.5% 0

These companies have the same main activity as SEQUOIA REAL ESTATE: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €12m and €21m, founded between 1970 and 1996.

Official details

Source: KBO
Status
Active since 17-04-1979Normal situation
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.039.638.4978510 Kortrijk, since 17-04-1979
Financial year end
31 December
Peppol
Reachable since 27-03-2026
Company details

Annual accounts 2025

≈ €1.6mestimated
€21.2m▲ 21.3%
Filing
Filed on 28-05-2026, 64 days before the end of the filing period
Financials

Insights on SEQUOIA REAL ESTATE

SEQUOIA REAL ESTATE files the abbreviated format. That format states no turnover. The gross margin rose from €4,179 in 2007 to €652,847 in 2025.

SEQUOIA HOLDING holds 99.42% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about SEQUOIA REAL ESTATE

What is the company number of SEQUOIA REAL ESTATE?
The company number of SEQUOIA REAL ESTATE is 0419.420.377. The VAT number is the same number with BE in front: BE 0419.420.377.
Where is SEQUOIA REAL ESTATE based?
The registered office is at Rollegemseweg 100, 8510 Kortrijk.Company details
What does SEQUOIA REAL ESTATE do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of SEQUOIA REAL ESTATE?
SEQUOIA REAL ESTATE is a private limited company (pre-2019) (BVBA).
When was SEQUOIA REAL ESTATE founded?
SEQUOIA REAL ESTATE was founded on 17-04-1979.
Is SEQUOIA REAL ESTATE still active?
Yes, SEQUOIA REAL ESTATE is an active enterprise in the KBO register.
What is the turnover of SEQUOIA REAL ESTATE?
The turnover in financial year 2025 is ≈ €1.6m. This figure is estimated from the gross margin of €652,847 and 30 comparable companies (NACE 683). It probably lies between €1.1m and €2.1m.Financials
Is SEQUOIA REAL ESTATE profitable?
In financial year 2025, SEQUOIA REAL ESTATE made a profit of €187,331.
Where can I find the annual accounts of SEQUOIA REAL ESTATE?
SEQUOIA REAL ESTATE filed 47 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of SEQUOIA REAL ESTATE due?
SEQUOIA REAL ESTATE must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

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