Sequentiq: what changed
Two financial 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.
Sequentiq
Largest movements
- Tangible fixed assets +€299,664
up €299,664 (+2,891%), from €10,365 to €310,029
of which Land and buildings: +€298,442
- Current investments +€272,322
up €272,322 (+130%), from €208,911 to €481,233
- Receivables within one year -€100,527
down €100,527 (-71.4%), from €140,732 to €40,205
of which Trade receivables: -€117,825
- Cash +€66,987
up €66,987 (+46.7%), from €143,514 to €210,502
mainly Net result for the year (+€318,098) and Debts after one year (+€251,303)
- Reserves +€318,098
up €318,098 (+72.6%), from €438,056 to €756,153
- Debts after one year +€251,303
new in 2025: €251,303
- Tax, wage and social debts -€50,677
down €50,677 (-97.7%), from €51,859 to €1,182
- Current portion of long-term debt +€13,697
new in 2025: €13,697
- Gross operating margin +€70,994
up €70,994 (+18.5%), from €383,234 to €454,228
- Other operating charges +€36,555
up €36,555 (+10,130%), from €361 to €36,916
- Taxes +€9,280
up €9,280 (+10.2%), from €91,340 to €100,620
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.
Derived cash bridge
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 | €507,648 | €1,048,969 | +€541,321 | +107% |
| Fixed assets | 21/28 | €10,365 | €310,029 | +€299,664 | +2,891% |
| Tangible fixed assets | 22/27 | €10,365 | €310,029 | +€299,664 | +2,891% |
| Land and buildings | 22 | - | €298,442 | +€298,442 | |
| Plant, machinery and equipment | 23 | €7,358 | €5,716 | -€1,643 | -22.3% |
| Furniture and vehicles | 24 | - | €3,209 | +€3,209 | |
| Other tangible fixed assets | 26 | €3,007 | €2,663 | -€344 | -11.4% |
| Current assets | 29/58 | €497,283 | €738,940 | +€241,657 | +48.6% |
| Amounts receivable within one year | 40/41 | €140,732 | €40,205 | -€100,527 | -71.4% |
| Trade receivables | 40 | €140,732 | €22,907 | -€117,825 | -83.7% |
| Other amounts receivable | 41 | - | €17,298 | +€17,298 | |
| Current investments | 50/53 | €208,911 | €481,233 | +€272,322 | +130% |
| Cash at bank and in hand | 54/58 | €143,514 | €210,502 | +€66,987 | +46.7% |
| Deferred charges and accrued income | 490/1 | €4,125 | €7,000 | +€2,875 | +69.7% |
| Total equity and liabilities | 10/49 | €507,648 | €1,048,969 | +€541,321 | +107% |
| Equity | 10/15 | €441,056 | €759,153 | +€318,098 | +72.1% |
| Contributions | 10/11 | €3,000 | €3,000 | = | 0.0% |
| Reserves | 13 | €438,056 | €756,153 | +€318,098 | +72.6% |
| Distributable reserves | 133 | €438,056 | €756,153 | +€318,098 | +72.6% |
| Amounts payable | 17/49 | €66,592 | €289,815 | +€223,223 | +335% |
| Amounts payable after more than one year | 17 | - | €251,303 | +€251,303 | |
| Financial debts | 170/4 | - | €251,303 | +€251,303 | |
| Amounts payable within one year | 42/48 | €66,330 | €37,742 | -€28,588 | -43.1% |
| Current portion of amounts payable after more than one year | 42 | - | €13,697 | +€13,697 | |
| Trade debts | 44 | €9,639 | €18,909 | +€9,269 | +96.2% |
| Suppliers | 440/4 | €9,639 | €18,909 | +€9,269 | +96.2% |
| Taxes, remuneration and social security | 45 | €51,859 | €1,182 | -€50,677 | -97.7% |
| Taxes | 450/3 | €51,859 | €1,182 | -€50,677 | -97.7% |
| Other amounts payable | 47/48 | €4,832 | €3,954 | -€878 | -18.2% |
| Accrued charges and deferred income | 492/3 | €262 | €771 | +€509 | +194% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,199 | €2,687 | +€1,489 | +124% |
| Other operating charges | 640/8 | €361 | €36,916 | +€36,555 | +10,130% |
| Gross operating margin | 9900 | €383,234 | €454,228 | +€70,994 | +18.5% |
| Operating profit (loss) | 9901 | €381,674 | €414,625 | +€32,950 | +8.6% |
| Financial income | 75/76B | €6,141 | €9,199 | +€3,058 | +49.8% |
| Recurring financial income | 75 | €6,141 | €9,199 | +€3,058 | +49.8% |
| Financial charges | 65/66B | €5,439 | €5,105 | -€334 | -6.1% |
| Recurring financial charges | 65 | €5,439 | €5,105 | -€334 | -6.1% |
| Profit (loss) for the period before taxes | 9903 | €382,376 | €418,718 | +€36,343 | +9.5% |
| Income taxes | 67/77 | €91,340 | €100,620 | +€9,280 | +10.2% |
| Profit (loss) for the period | 9904 | €291,036 | €318,098 | +€27,062 | +9.3% |
| Profit (loss) for the period to be appropriated | 9905 | €291,036 | €318,098 | +€27,062 | +9.3% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 16 October 2026 via checked.be.