SEQUENTIS: 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.
SEQUENTIS
Largest movements
- Tangible fixed assets -€35,890
down €35,890 (-8.9%), from €402,932 to €367,042
- Receivables within one year -€7,144
down €7,144 (-79.7%), from €8,959 to €1,815
of which Trade receivables: -€6,050
- Debts after one year -€26,890
down €26,890 (-8.2%), from €328,143 to €301,253
- Other debts -€7,970
down €7,970 (-19.1%), from €41,703 to €33,732
- Profit (loss) carried forward -€7,958
down €7,958 (-64.4%), from -€12,358 to -€20,316
- Depreciation +€12,571
up €12,571 (+49.8%), from €25,261 to €37,833
- Gross operating margin +€10,876
up €10,876 (+43.6%), from €24,929 to €35,805
- Financial charges -€6,684
down €6,684 (-64.5%), from €10,358 to €3,674
- Other operating charges +€908
up €908 (+72.6%), from €1,250 to €2,159
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 | €412,389 | €371,668 | -€40,720 | -9.9% |
| Fixed assets | 21/28 | €402,932 | €367,042 | -€35,890 | -8.9% |
| Tangible fixed assets | 22/27 | €402,932 | €367,042 | -€35,890 | -8.9% |
| Land and buildings | 22 | €233,128 | €220,546 | -€12,583 | -5.4% |
| Furniture and vehicles | 24 | €59,100 | €47,228 | -€11,872 | -20.1% |
| Other tangible fixed assets | 26 | €110,704 | €99,268 | -€11,436 | -10.3% |
| Current assets | 29/58 | €9,456 | €4,626 | -€4,830 | -51.1% |
| Amounts receivable within one year | 40/41 | €8,959 | €1,815 | -€7,144 | -79.7% |
| Trade receivables | 40 | €7,865 | €1,815 | -€6,050 | -76.9% |
| Other amounts receivable | 41 | €1,094 | €0 | -€1,094 | -100.0% |
| Cash at bank and in hand | 54/58 | €497 | €2,811 | +€2,314 | +465.7% |
| Total equity and liabilities | 10/49 | €412,389 | €371,668 | -€40,720 | -9.9% |
| Equity | 10/15 | €9,686 | €1,728 | -€7,958 | -82.2% |
| Contributions | 10/11 | €2,500 | €2,500 | = | 0.0% |
| Reserves | 13 | €19,544 | €19,544 | = | 0.0% |
| Distributable reserves | 133 | €19,544 | €19,544 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€12,358 | -€20,316 | -€7,958 | -64.4% |
| Amounts payable | 17/49 | €402,703 | €369,940 | -€32,762 | -8.1% |
| Amounts payable after more than one year | 17 | €328,143 | €301,253 | -€26,890 | -8.2% |
| Financial debts | 170/4 | €328,143 | €301,253 | -€26,890 | -8.2% |
| Amounts payable within one year | 42/48 | €73,410 | €67,938 | -€5,472 | -7.5% |
| Current portion of amounts payable after more than one year | 42 | €25,968 | €26,890 | +€922 | +3.6% |
| Trade debts | 44 | €721 | €0 | -€721 | -100.0% |
| Suppliers | 440/4 | €721 | €0 | -€721 | -100.0% |
| Taxes, remuneration and social security | 45 | €5,017 | €7,315 | +€2,297 | +45.8% |
| Taxes | 450/3 | €2,817 | €7,315 | +€4,497 | +159.6% |
| Remuneration and social security | 454/9 | €2,200 | €0 | -€2,200 | -100.0% |
| Other amounts payable | 47/48 | €41,703 | €33,732 | -€7,970 | -19.1% |
| Accrued charges and deferred income | 492/3 | €1,150 | €750 | -€400 | -34.8% |
| Non-recurring operating income | 76A | - | €5,744 | +€5,744 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €25,261 | €37,833 | +€12,571 | +49.8% |
| Other operating charges | 640/8 | €1,250 | €2,159 | +€908 | +72.6% |
| Gross operating margin | 9900 | €24,929 | €35,805 | +€10,876 | +43.6% |
| Operating profit (loss) | 9901 | -€1,583 | -€4,186 | -€2,604 | -164.5% |
| Financial charges | 65/66B | €10,358 | €3,674 | -€6,684 | -64.5% |
| Recurring financial charges | 65 | €10,358 | €3,674 | -€6,684 | -64.5% |
| Profit (loss) for the period before taxes | 9903 | -€11,940 | -€7,860 | +€4,080 | +34.2% |
| Income taxes | 67/77 | €417 | €98 | -€319 | -76.5% |
| Profit (loss) for the period | 9904 | -€12,358 | -€7,958 | +€4,399 | +35.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€12,358 | -€7,958 | +€4,399 | +35.6% |
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 10 October 2026 via checked.be.