SEQUESTROL BENELUX: 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.
SEQUESTROL BENELUX
Largest movements
- Cash -€25,459
down €25,459 (-32.1%), from €79,191 to €53,732
mainly Current investments (-€25,000) and Investment in fixed assets (net) (-€21,934)
- Current investments +€25,000
up €25,000 (+9.1%), from €275,000 to €300,000
- Receivables within one year +€11,282
up €11,282 (+29.1%), from €38,770 to €50,052
of which Trade receivables: +€7,597
- Tangible fixed assets +€7,705
up €7,705 (+14.8%), from €52,031 to €59,736
of which Furniture and vehicles: +€15,429
- Reserves +€33,233
up €33,233 (+14.8%), from €225,181 to €258,414
of which Non-distributable reserves: +€33,182
- Tax, wage and social debts -€15,981
down €15,981 (-49.0%), from €32,620 to €16,639
of which Taxes: -€16,061
- Gross operating margin -€33,019
down €33,019 (-35.0%), from €94,345 to €61,326
- Taxes -€11,165
down €11,165 (-48.7%), from €22,918 to €11,753
- Other operating charges +€2,999
up €2,999 (+432%), from €694 to €3,694
- Financial income -€2,800
down €2,800 (-36.2%), from €7,726 to €4,926
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 | €461,081 | €477,556 | +€16,474 | +3.6% |
| Fixed assets | 21/28 | €62,761 | €70,466 | +€7,705 | +12.3% |
| Tangible fixed assets | 22/27 | €52,031 | €59,736 | +€7,705 | +14.8% |
| Plant, machinery and equipment | 23 | €28,141 | €20,417 | -€7,724 | -27.4% |
| Furniture and vehicles | 24 | €23,890 | €39,319 | +€15,429 | +64.6% |
| Financial fixed assets | 28 | €10,730 | €10,730 | = | 0.0% |
| Current assets | 29/58 | €398,320 | €407,090 | +€8,770 | +2.2% |
| Amounts receivable within one year | 40/41 | €38,770 | €50,052 | +€11,282 | +29.1% |
| Trade receivables | 40 | €35,168 | €42,765 | +€7,597 | +21.6% |
| Other amounts receivable | 41 | €3,602 | €7,287 | +€3,685 | +102% |
| Current investments | 50/53 | €275,000 | €300,000 | +€25,000 | +9.1% |
| Cash at bank and in hand | 54/58 | €79,191 | €53,732 | -€25,459 | -32.1% |
| Deferred charges and accrued income | 490/1 | €5,360 | €3,306 | -€2,054 | -38.3% |
| Total equity and liabilities | 10/49 | €461,081 | €477,556 | +€16,474 | +3.6% |
| Equity | 10/15 | €371,340 | €404,573 | +€33,233 | +8.9% |
| Contributions | 10/11 | €147,868 | €147,868 | = | 0.0% |
| Contributions outside capital | 11 | €147,868 | €147,868 | = | 0.0% |
| Other | 1109/19 | €147,868 | €147,868 | = | 0.0% |
| Reserves | 13 | €225,181 | €258,414 | +€33,233 | +14.8% |
| Non-distributable reserves | 130/1 | €117,752 | €150,933 | +€33,182 | +28.2% |
| Reserves not available under the articles | 1311 | €117,752 | €150,933 | +€33,182 | +28.2% |
| Tax-exempt reserves | 132 | €12,338 | €12,338 | = | 0.0% |
| Distributable reserves | 133 | €95,092 | €95,143 | +€51 | +0.1% |
| Profit (loss) carried forward | 14 | -€1,710 | -€1,710 | = | 0.0% |
| Amounts payable | 17/49 | €89,741 | €72,983 | -€16,758 | -18.7% |
| Amounts payable within one year | 42/48 | €89,741 | €72,983 | -€16,758 | -18.7% |
| Trade debts | 44 | €18,034 | €14,622 | -€3,412 | -18.9% |
| Suppliers | 440/4 | €18,034 | €14,622 | -€3,412 | -18.9% |
| Advances received on contracts in progress | 46 | €6,050 | €6,050 | = | 0.0% |
| Taxes, remuneration and social security | 45 | €32,620 | €16,639 | -€15,981 | -49.0% |
| Taxes | 450/3 | €28,425 | €12,364 | -€16,061 | -56.5% |
| Remuneration and social security | 454/9 | €4,195 | €4,275 | +€80 | +1.9% |
| Other amounts payable | 47/48 | €33,037 | €35,672 | +€2,635 | +8.0% |
| Remuneration, social security and pensions | 62 | - | €324 | +€324 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €14,440 | €14,229 | -€211 | -1.5% |
| Other operating charges | 640/8 | €694 | €3,694 | +€2,999 | +432% |
| Gross operating margin | 9900 | €94,345 | €61,326 | -€33,019 | -35.0% |
| Operating profit (loss) | 9901 | €79,211 | €43,080 | -€36,132 | -45.6% |
| Financial income | 75/76B | €7,726 | €4,926 | -€2,800 | -36.2% |
| Recurring financial income | 75 | €7,726 | €4,926 | -€2,800 | -36.2% |
| Financial charges | 65/66B | €3,218 | €3,019 | -€199 | -6.2% |
| Recurring financial charges | 65 | €3,218 | €3,019 | -€199 | -6.2% |
| Profit (loss) for the period before taxes | 9903 | €83,719 | €44,986 | -€38,733 | -46.3% |
| Income taxes | 67/77 | €22,918 | €11,753 | -€11,165 | -48.7% |
| Profit (loss) for the period | 9904 | €60,801 | €33,233 | -€27,568 | -45.3% |
| Profit (loss) for the period to be appropriated | 9905 | €60,801 | €33,233 | -€27,568 | -45.3% |
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 14 October 2026 via checked.be.