Sequ: what changed
Two fiscal years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
Sequ
Largest movements
- Receivables within one year +€9,801
up €9,801 (+11.4%), from €86,173 to €95,974
of which Other amounts receivable: +€12,329
- Cash +€7,236
up €7,236 (+2188.2%), from €331 to €7,566
mainly Net result for the year (+€23,141) and Trade debts (+€626)
- Profit (loss) carried forward +€23,141
up €23,141 (+30.7%), from €75,387 to €98,528
- Tax, wage and social debts -€6,143
down €6,143 (-74.8%), from €8,209 to €2,066
- Taxes +€1,598
up €1,598 (+25.3%), from €6,319 to €7,917
- Other operating charges +€903
up €903 (+765.4%), from €118 to €1,021
- Gross operating margin +€578
up €578 (+1.8%), from €31,600 to €32,178
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Cash bridge derived
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €86,932 | €104,556 | +€17,623 | +20.3% |
| Fixed assets | 21/28 | €317 | €0 | -€317 | -100.0% |
| Tangible fixed assets | 22/27 | €317 | €0 | -€317 | -100.0% |
| Plant, machinery and equipment | 23 | €317 | €0 | -€317 | -100.0% |
| Current assets | 29/58 | €86,616 | €104,556 | +€17,940 | +20.7% |
| Amounts receivable within one year | 40/41 | €86,173 | €95,974 | +€9,801 | +11.4% |
| Trade receivables | 40 | €60,694 | €58,166 | -€2,528 | -4.2% |
| Other amounts receivable | 41 | €25,480 | €37,808 | +€12,329 | +48.4% |
| Cash at bank and in hand | 54/58 | €331 | €7,566 | +€7,236 | +2188.2% |
| Deferred charges and accrued income | 490/1 | €112 | €1,015 | +€903 | +808.7% |
| Total equity and liabilities | 10/49 | €86,932 | €104,556 | +€17,623 | +20.3% |
| Equity | 10/15 | €78,387 | €101,528 | +€23,141 | +29.5% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €75,387 | €98,528 | +€23,141 | +30.7% |
| Amounts payable | 17/49 | €8,546 | €3,028 | -€5,518 | -64.6% |
| Amounts payable within one year | 42/48 | €8,546 | €3,028 | -€5,518 | -64.6% |
| Trade debts | 44 | €336 | €962 | +€626 | +186.1% |
| Suppliers | 440/4 | €336 | €962 | +€626 | +186.1% |
| Taxes, remuneration and social security | 45 | €8,209 | €2,066 | -€6,143 | -74.8% |
| Taxes | 450/3 | €8,209 | €2,066 | -€6,143 | -74.8% |
| Other amounts payable | 47/48 | €0 | - | = | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €459 | €317 | -€142 | -31.0% |
| Other operating charges | 640/8 | €118 | €1,021 | +€903 | +765.4% |
| Non-recurring operating charges | 66A | €0 | - | = | |
| Gross operating margin | 9900 | €31,600 | €32,178 | +€578 | +1.8% |
| Operating profit (loss) | 9901 | €31,023 | €30,840 | -€183 | -0.6% |
| Financial income | 75/76B | €112 | €414 | +€302 | +270.5% |
| Recurring financial income | 75 | €112 | €414 | +€302 | +270.5% |
| Financial charges | 65/66B | €203 | €196 | -€7 | -3.4% |
| Recurring financial charges | 65 | €203 | €196 | -€7 | -3.4% |
| Profit (loss) for the period before taxes | 9903 | €30,932 | €31,058 | +€126 | +0.4% |
| Income taxes | 67/77 | €6,319 | €7,917 | +€1,598 | +25.3% |
| Profit (loss) for the period | 9904 | €24,613 | €23,141 | -€1,472 | -6.0% |
| Profit (loss) for the period to be appropriated | 9905 | €24,613 | €23,141 | -€1,472 | -6.0% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.