SEQUELTRON: 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.
SEQUELTRON
Largest movements
- Cash -€40,589
down €40,589 (-99.2%), from €40,925 to €336
mainly Debts (-€29,308) and Receivables within one year (-€13,399)
- Receivables within one year +€13,399
up €13,399 (+125.2%), from €10,701 to €24,100
of which Other amounts receivable: +€18,237
- Debts -€29,308
down €29,308 (-16.7%), from €175,133 to €145,826
of which Debts after one year: -€14,728
- Gross operating margin -€86,384
down €86,384 (-83.9%), from €102,971 to €16,587
- Financial charges +€9,756
new in 2022: €9,756
- Taxes -€4,255
down €4,255 (-92.8%), from €4,584 to €329
- Other operating charges +€1,278
new in 2022: €1,278
From the 2021 result to the 2022 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 2021 and 2022 balance sheets and the 2022 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2021 | 2022 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €304,275 | €274,057 | -€30,218 | -9.9% |
| Fixed assets | 21/28 | €252,649 | €249,621 | -€3,028 | -1.2% |
| Tangible fixed assets | 22/27 | €252,649 | €249,621 | -€3,028 | -1.2% |
| Land and buildings | 22 | - | €248,451 | +€248,451 | |
| Furniture and vehicles | 24 | - | €1,170 | +€1,170 | |
| Current assets | 29/58 | €51,626 | €24,435 | -€27,190 | -52.7% |
| Amounts receivable within one year | 40/41 | €10,701 | €24,100 | +€13,399 | +125.2% |
| Trade receivables | 40 | - | €5,862 | +€5,862 | |
| Other amounts receivable | 41 | - | €18,237 | +€18,237 | |
| Cash at bank and in hand | 54/58 | €40,925 | €336 | -€40,589 | -99.2% |
| Total equity and liabilities | 10/49 | €304,275 | €274,057 | -€30,218 | -9.9% |
| Equity | 10/15 | €129,141 | €128,231 | -€910 | -0.7% |
| Contributions | 10/11 | - | €12,400 | +€12,400 | |
| Reserves | 13 | €1,860 | €1,860 | = | 0.0% |
| Non-distributable reserves | 130/1 | - | €1,860 | +€1,860 | |
| Reserves not available under the articles | 1311 | - | €1,860 | +€1,860 | |
| Profit (loss) carried forward | 14 | €114,881 | €113,971 | -€910 | -0.8% |
| Amounts payable | 17/49 | €175,133 | €145,826 | -€29,308 | -16.7% |
| Amounts payable after more than one year | 17 | €131,736 | €117,008 | -€14,728 | -11.2% |
| Financial debts | 170/4 | - | €117,008 | +€117,008 | |
| Amounts payable within one year | 42/48 | €42,759 | €28,757 | -€14,002 | -32.7% |
| Current portion of amounts payable after more than one year | 42 | - | €20,566 | +€20,566 | |
| Financial debts | 43 | - | €5,567 | +€5,567 | |
| Credit institutions | 430/8 | - | €5,567 | +€5,567 | |
| Trade debts | 44 | €1,350 | €1,720 | +€370 | +27.4% |
| Suppliers | 440/4 | - | €1,720 | +€1,720 | |
| Taxes, remuneration and social security | 45 | - | €905 | +€905 | |
| Taxes | 450/3 | - | €905 | +€905 | |
| Accrued charges and deferred income | 492/3 | - | €61 | +€61 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,805 | €6,560 | +€755 | +13.0% |
| Other operating charges | 640/8 | - | €1,278 | +€1,278 | |
| Gross operating margin | 9900 | €102,971 | €16,587 | -€86,384 | -83.9% |
| Operating profit (loss) | 9901 | €94,719 | €8,749 | -€85,970 | -90.8% |
| Financial income | 75/76B | - | €426 | +€426 | |
| Recurring financial income | 75 | - | €426 | +€426 | |
| Financial charges | 65/66B | - | €9,756 | +€9,756 | |
| Recurring financial charges | 65 | €13,619 | €9,756 | -€3,863 | -28.4% |
| Profit (loss) for the period before taxes | 9903 | €81,101 | -€581 | -€81,682 | |
| Income taxes | 67/77 | €4,584 | €329 | -€4,255 | -92.8% |
| Profit (loss) for the period | 9904 | €76,517 | -€910 | -€77,427 | |
| Profit (loss) for the period to be appropriated | 9905 | €76,517 | -€910 | -€77,427 |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2021 and 30 June 2022. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 3 October 2026 via checked.be.