SEQUITOR: 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.
SEQUITOR
Largest movements
- Cash +€19,777
up €19,777 (+28.9%), from €68,506 to €88,283
mainly Net result for the year (+€17,990) and Tax, wage and social debts (+€11,652)
- Receivables after one year +€10,000
up €10,000 (+14.2%), from €70,176 to €80,176
- Receivables within one year +€7,778
up €7,778 (+9.7%), from €80,313 to €88,091
of which Trade receivables: +€11,516
- Tangible fixed assets -€2,686
down €2,686 (-83.0%), from €3,235 to €549
- Profit (loss) carried forward +€17,990
up €17,990, from -€11,318 to €6,671
- Tax, wage and social debts +€11,652
up €11,652 (+37.0%), from €31,511 to €43,163
of which Taxes: +€11,337
- Accrued charges and deferred income +€4,651
up €4,651 (+2.8%), from €165,763 to €170,414
- Gross operating margin +€32,762
up €32,762 (+13.6%), from €240,684 to €273,446
- Staff costs +€10,798
up €10,798 (+4.7%), from €231,257 to €242,055
- Taxes +€5,419
up €5,419 (+158.9%), from €3,411 to €8,830
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 | €223,335 | €257,725 | +€34,390 | +15.4% |
| Fixed assets | 21/28 | €3,535 | €849 | -€2,686 | -76.0% |
| Tangible fixed assets | 22/27 | €3,235 | €549 | -€2,686 | -83.0% |
| Plant, machinery and equipment | 23 | €3,235 | €549 | -€2,686 | -83.0% |
| Financial fixed assets | 28 | €300 | €300 | = | 0.0% |
| Current assets | 29/58 | €219,800 | €256,876 | +€37,076 | +16.9% |
| Amounts receivable after more than one year | 29 | €70,176 | €80,176 | +€10,000 | +14.2% |
| Other amounts receivable | 291 | €70,176 | €80,176 | +€10,000 | +14.2% |
| Amounts receivable within one year | 40/41 | €80,313 | €88,091 | +€7,778 | +9.7% |
| Trade receivables | 40 | €76,575 | €88,091 | +€11,516 | +15.0% |
| Other amounts receivable | 41 | €3,738 | - | -€3,738 | |
| Cash at bank and in hand | 54/58 | €68,506 | €88,283 | +€19,777 | +28.9% |
| Deferred charges and accrued income | 490/1 | €806 | €327 | -€479 | -59.5% |
| Total equity and liabilities | 10/49 | €223,335 | €257,725 | +€34,390 | +15.4% |
| Equity | 10/15 | €8,682 | €26,671 | +€17,990 | +207.2% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€11,318 | €6,671 | +€17,990 | |
| Amounts payable | 17/49 | €214,653 | €231,053 | +€16,400 | +7.6% |
| Amounts payable within one year | 42/48 | €48,890 | €60,639 | +€11,749 | +24.0% |
| Current portion of amounts payable after more than one year | 42 | €15,025 | €15,813 | +€788 | +5.2% |
| Trade debts | 44 | €2,354 | €1,663 | -€691 | -29.4% |
| Suppliers | 440/4 | €2,354 | €1,663 | -€691 | -29.4% |
| Taxes, remuneration and social security | 45 | €31,511 | €43,163 | +€11,652 | +37.0% |
| Taxes | 450/3 | €6,279 | €17,616 | +€11,337 | +180.5% |
| Remuneration and social security | 454/9 | €25,231 | €25,547 | +€315 | +1.2% |
| Accrued charges and deferred income | 492/3 | €165,763 | €170,414 | +€4,651 | +2.8% |
| Remuneration, social security and pensions | 62 | €231,257 | €242,055 | +€10,798 | +4.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €2,686 | €2,686 | = | 0.0% |
| Other operating charges | 640/8 | €525 | €556 | +€31 | +6.0% |
| Gross operating margin | 9900 | €240,684 | €273,446 | +€32,762 | +13.6% |
| Operating profit (loss) | 9901 | €6,216 | €28,149 | +€21,932 | +352.8% |
| Financial income | 75/76B | €628 | €433 | -€194 | -31.0% |
| Recurring financial income | 75 | €628 | €433 | -€194 | -31.0% |
| Financial charges | 65/66B | €2,582 | €1,762 | -€820 | -31.8% |
| Recurring financial charges | 65 | €2,582 | €1,762 | -€820 | -31.8% |
| Profit (loss) for the period before taxes | 9903 | €4,262 | €26,820 | +€22,558 | +529.3% |
| Income taxes | 67/77 | €3,411 | €8,830 | +€5,419 | +158.9% |
| Profit (loss) for the period | 9904 | €851 | €17,990 | +€17,138 | +2013.3% |
| Profit (loss) for the period to be appropriated | 9905 | €851 | €17,990 | +€17,138 | +2013.3% |
Source: filed annual accounts (NBB), fiscal years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.