SEQUOIA WATERMAEL
InactiveInactive; last annual accounts for fiscal year 2024.
Signals
1 signal. The signal on the left, the evidence on the right.
○neutral
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 22-07-2025, 9 days ahead of the deadline.
NBB · 8 filingsDeviation from the deadline
2024
9 d early
2023
40 d late
2022
11 d early
2021
30 d early
2020
5 d early
2019
61 d late
2018
30 d late
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€128k▲ 52.3%
2023 · €84k
2018: €33k
2019: €81k
2020: €200k
2021: €154k
2022: €96k
2023: €84k
2018 → 2024
Working capital
€738k▲ 29.4%
2023 · €570k
2018: €-2
2019: €54k
2020: €289k
2021: €397k
2022: €462k
2023: €570k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€387k-€538k▲ 38.8%€630k▲ 17.2%€710k▲ 12.8%€835k▲ 17.5%
Operating result€288k-€227k▼ 21.2%€103k▼ 54.7%€114k▲ 11.1%€167k▲ 46.4%
Net result€200k-€154k▼ 22.9%€96k▼ 37.7%€84k▼ 12.5%€128k▲ 52.3%
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed two years in a row; 2024 is 46% above 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €1.17M
Fixed assets
€101k ▼ 33.2%
Current assets
€1.07M ▲ 20.4%
Equity and liabilities €1.17M
Equity
€835k ▲ 17.5%
Provisions
€2k ▼ 71.5%
Debt
€335k ▲ 4.0%
Debt's share of the balance-sheet total falls from 31.0% to 28.6%. Equity and debt are higher.
Key figures and ratios
EBITDA
€217k▲
2023 · €165k
Cash flow
€178k▲
2023 · €135k
Current ratio
3.21▲
2023 · 2.78
Quick ratio
2.88▲
2023 · 2.35
Debt to equity
0.40▼
2023 · 0.45
ROE
15.3%▲
2023 · 11.8%
ROA
10.9%▲
2023 · 8.1%
Interest coverage
14.17▲
2023 · 10.66
Debt ≤ 1 year
€334k▲
2023 · €320k
Income taxes
€59k▲
2023 · €45k
Staff costs
€334k▼
2023 · €337k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 64 lines
Balance sheet
Code20232024
Assets
Total assets20/58€1.04M€1.17M▲
Fixed assets21/28€151k€101k▼
Intangible fixed assets21€1k€575▼
Tangible fixed assets22/27€148k€99k▼
Plant, machinery and equipment23€41k€28k▼
Furniture and vehicles24€22k€15k▼
Other tangible fixed assets26€86k€56k▼
Financial fixed assets28€1k€1k=
Current assets29/58€890k€1.07M▲
Stocks and contracts in progress3€137k€110k▼
Stocks30/36€137k€110k▼
Amounts receivable within one year40/41€723k€879k▲
Trade receivables40€8k€1k▼
Other amounts receivable41€716k€877k▲
Cash at bank and in hand54/58€25k€69k▲
Deferred charges and accrued income490/1€4k€14k▲
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.17M▲
Equity10/15€710k€835k▲
Contributions10/11€62k€62k=
Capital10€62k€62k=
Issued capital100€200k€200k=
Uncalled capital101€138k€138k=
Reserves13€20k€20k=
Non-distributable reserves130/1€20k€20k=
Legal reserve130€20k€20k=
Profit (loss) carried forward14€618k€746k▲
Investment grants15€10k€7k▼
Provisions and deferred taxes16€8k€2k▼
Provisions for liabilities and charges160/5€4k€0▼
Other liabilities and charges164/5€4k€0▼
Deferred taxes168€3k€2k▼
Amounts payable17/49€322k€335k▲
Amounts payable within one year42/48€320k€334k▲
Current portion of amounts payable after more than one year42€0-
Financial debts43€25k€0▼
Credit institutions430/8€25k€0▼
Trade debts44€211k€229k▲
Suppliers440/4€211k€229k▲
Advances received on contracts in progress46€970€1k▲
Taxes, remuneration and social security45€83k€54k▼
Taxes450/3€50k€18k▼
Remuneration and social security454/9€33k€36k▲
Other amounts payable47/48-€50k
Accrued charges and deferred income492/3€3k€2k▼
Income statement
Code20232024
Non-recurring operating income76A€4k€120▼
Remuneration, social security and pensions62€337k€334k▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€51k€50k▼
Provisions for liabilities and charges: additions (uses and reversals)635/8€-12k€-4k▲
Other operating charges640/8€48k€40k▼
Non-recurring operating charges66A€28k€786▼
Gross operating margin9900€565k€588k▲
Operating profit (loss)9901€114k€167k▲
Financial income75/76B€29k€34k▲
Recurring financial income75€29k€34k▲
Financial charges65/66B€15k€15k▼
Recurring financial charges65€15k€15k▼
Profit (loss) for the period before taxes9903€127k€185k▲
Transfer from deferred taxes780€1k€1k=
Income taxes67/77€45k€59k▲
Profit (loss) for the period9904€84k€128k▲
Profit (loss) for the period to be appropriated9905€84k€128k▲
Appropriation of the result
Profit (loss) to be appropriated9906€618k€746k▲
Profit (loss) brought forward from the previous period14P€534k€618k▲
Social balance
Average headcount (FTE)90878.87.6▼
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-07
State Gazette act
General meeting · Merger
Accounting effect · Power of attorney
22-07
NBB filing
Annual accounts filed
fiscal year 2024 · full schema
2024
09-09
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 40 days late
2023
20-07
NBB filing
Annual accounts filed
fiscal year 2022 · full schema
2022
01-07
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial
Equity above €500kEq €538k ▲38.8%
4 profitable years in a row build equity to €538k.
26-07
NBB filing
Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial
Highest result since 2018net €200k ▲147%
Operating result €288k, net result €200k, both a record.
31-12
Financial
Equity above €200kEq €387k ▲103%
3 profitable years in a row build equity to €387k.
30-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 61 days late
2019
31-12
Financial
Equity above €150kEq €191k ▲68.1%
2 profitable years in a row build equity to €191k.
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 30 days late
2018
26-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 57 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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About the unread acts
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Structure & network
Acquisitions and mergers
1 transactionTaken over by:färm.coop