SEQUENCE CONSULT: 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.
SEQUENCE CONSULT
Largest movements
- Receivables within one year +€124,580
up €124,580 (+1106.3%), from €11,261 to €135,841
- Cash -€86,994
down €86,994 (-58.2%), from €149,399 to €62,405
mainly Receivables within one year (-€124,580) and Debts after one year (-€15,969)
- Tangible fixed assets -€18,133
down €18,133 (-25.4%), from €71,483 to €53,350
- Reserves +€42,564
up €42,564 (+32.3%), from €131,974 to €174,538
- Debts after one year -€15,969
down €15,969 (-31.2%), from €51,233 to €35,264
- Tax, wage and social debts -€7,841
down €7,841 (-28.0%), from €28,032 to €20,191
- Gross operating margin -€29,355
down €29,355 (-29.1%), from €100,714 to €71,358
- Taxes -€9,692
down €9,692 (-43.4%), from €22,315 to €12,623
- Financial income +€4,736
up €4,736 (+655.5%), from €722 to €5,458
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 | €232,584 | €254,060 | +€21,476 | +9.2% |
| Fixed assets | 21/28 | €71,483 | €53,350 | -€18,133 | -25.4% |
| Tangible fixed assets | 22/27 | €71,483 | €53,350 | -€18,133 | -25.4% |
| Furniture and vehicles | 24 | €71,483 | €53,350 | -€18,133 | -25.4% |
| Current assets | 29/58 | €161,101 | €200,710 | +€39,609 | +24.6% |
| Amounts receivable within one year | 40/41 | €11,261 | €135,841 | +€124,580 | +1106.3% |
| Other amounts receivable | 41 | €11,261 | €135,841 | +€124,580 | +1106.3% |
| Cash at bank and in hand | 54/58 | €149,399 | €62,405 | -€86,994 | -58.2% |
| Deferred charges and accrued income | 490/1 | €442 | €2,464 | +€2,022 | +457.8% |
| Total equity and liabilities | 10/49 | €232,584 | €254,060 | +€21,476 | +9.2% |
| Equity | 10/15 | €136,974 | €179,538 | +€42,564 | +31.1% |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €131,974 | €174,538 | +€42,564 | +32.3% |
| Distributable reserves | 133 | €131,974 | €174,538 | +€42,564 | +32.3% |
| Amounts payable | 17/49 | €95,610 | €74,522 | -€21,088 | -22.1% |
| Amounts payable after more than one year | 17 | €51,233 | €35,264 | -€15,969 | -31.2% |
| Financial debts | 170/4 | €51,233 | €35,264 | -€15,969 | -31.2% |
| Amounts payable within one year | 42/48 | €44,377 | €39,258 | -€5,119 | -11.5% |
| Current portion of amounts payable after more than one year | 42 | €15,379 | €15,969 | +€590 | +3.8% |
| Trade debts | 44 | €966 | €3,098 | +€2,132 | +220.6% |
| Suppliers | 440/4 | €966 | €3,098 | +€2,132 | +220.6% |
| Taxes, remuneration and social security | 45 | €28,032 | €20,191 | -€7,841 | -28.0% |
| Taxes | 450/3 | €28,032 | €20,191 | -€7,841 | -28.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €17,988 | €18,133 | +€145 | +0.8% |
| Other operating charges | 640/8 | €586 | €1,051 | +€466 | +79.5% |
| Gross operating margin | 9900 | €100,714 | €71,358 | -€29,355 | -29.1% |
| Operating profit (loss) | 9901 | €82,140 | €52,174 | -€29,966 | -36.5% |
| Financial income | 75/76B | €722 | €5,458 | +€4,736 | +655.5% |
| Recurring financial income | 75 | €722 | €5,458 | +€4,736 | +655.5% |
| Financial charges | 65/66B | €2,738 | €2,445 | -€293 | -10.7% |
| Recurring financial charges | 65 | €2,738 | €2,445 | -€293 | -10.7% |
| Profit (loss) for the period before taxes | 9903 | €80,125 | €55,188 | -€24,938 | -31.1% |
| Income taxes | 67/77 | €22,315 | €12,623 | -€9,692 | -43.4% |
| Profit (loss) for the period | 9904 | €57,810 | €42,564 | -€15,246 | -26.4% |
| Profit (loss) for the period to be appropriated | 9905 | €57,810 | €42,564 | -€15,246 | -26.4% |
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 8 October 2026 via checked.be.