SEQUOIA: 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.
SEQUOIA
Largest movements
- Receivables after one year +€39,820
up €39,820 (+18.4%), from €215,907 to €255,726
- Receivables within one year -€22,018
down €22,018 (-48.0%), from €45,893 to €23,875
of which Trade receivables: -€19,273
- Tangible fixed assets -€15,803
down €15,803 (-5.3%), from €300,833 to €285,030
of which Land and buildings: -€11,648
- Cash -€8,558
down €8,558 (-98.7%), from €8,672 to €114
mainly Receivables after one year (-€39,820) and Net result for the year (-€4,547)
No liability line moved by more than 1% of the balance sheet total.
- Financial income +€4,447
up €4,447 (+82.4%), from €5,398 to €9,845
- Depreciation +€3,313
up €3,313 (+26.5%), from €12,489 to €15,803
- Gross operating margin +€1,201
up €1,201 (+29.0%), from €4,147 to €5,348
- Financial charges +€436
up €436 (+9.8%), from €4,474 to €4,911
- Other operating charges +€96
up €96 (+19.1%), from €505 to €601
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €571,305 | €564,745 | -€6,560 | -1.1% |
| Fixed assets | 21/28 | €300,833 | €285,030 | -€15,803 | -5.3% |
| Tangible fixed assets | 22/27 | €300,833 | €285,030 | -€15,803 | -5.3% |
| Land and buildings | 22 | €290,747 | €279,099 | -€11,648 | -4.0% |
| Plant, machinery and equipment | 23 | €4,041 | €2,472 | -€1,569 | -38.8% |
| Furniture and vehicles | 24 | €6,045 | €3,460 | -€2,585 | -42.8% |
| Current assets | 29/58 | €270,472 | €279,715 | +€9,243 | +3.4% |
| Amounts receivable after more than one year | 29 | €215,907 | €255,726 | +€39,820 | +18.4% |
| Other amounts receivable | 291 | €215,907 | €255,726 | +€39,820 | +18.4% |
| Amounts receivable within one year | 40/41 | €45,893 | €23,875 | -€22,018 | -48.0% |
| Trade receivables | 40 | €43,118 | €23,845 | -€19,273 | -44.7% |
| Other amounts receivable | 41 | €2,775 | €30 | -€2,745 | -98.9% |
| Cash at bank and in hand | 54/58 | €8,672 | €114 | -€8,558 | -98.7% |
| Total equity and liabilities | 10/49 | €571,305 | €564,745 | -€6,560 | -1.1% |
| Equity | 10/15 | €305,406 | €300,860 | -€4,547 | -1.5% |
| Contributions | 10/11 | €61,973 | €61,973 | = | 0.0% |
| Capital | 10 | €61,973 | €61,973 | = | 0.0% |
| Issued capital | 100 | €61,973 | €61,973 | = | 0.0% |
| Reserves | 13 | €245,057 | €240,332 | -€4,725 | -1.9% |
| Non-distributable reserves | 130/1 | €6,197 | €6,197 | = | 0.0% |
| Legal reserve | 130 | €6,197 | €6,197 | = | 0.0% |
| Tax-exempt reserves | 132 | €19,910 | €15,185 | -€4,725 | -23.7% |
| Distributable reserves | 133 | €218,950 | €218,950 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€1,624 | -€1,445 | +€178 | +11.0% |
| Provisions and deferred taxes | 16 | €6,637 | €5,062 | -€1,575 | -23.7% |
| Deferred taxes | 168 | €6,637 | €5,062 | -€1,575 | -23.7% |
| Amounts payable | 17/49 | €259,262 | €258,824 | -€438 | -0.2% |
| Amounts payable after more than one year | 17 | €252,750 | €252,750 | = | 0.0% |
| Financial debts | 170/4 | €252,750 | €252,750 | = | 0.0% |
| Amounts payable within one year | 42/48 | €6,512 | €6,074 | -€438 | -6.7% |
| Current portion of amounts payable after more than one year | 42 | - | €26 | +€26 | |
| Trade debts | 44 | €2,866 | €6,048 | +€3,182 | +111.0% |
| Suppliers | 440/4 | €2,866 | €6,048 | +€3,182 | +111.0% |
| Other amounts payable | 47/48 | €3,646 | - | -€3,646 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €12,489 | €15,803 | +€3,313 | +26.5% |
| Other operating charges | 640/8 | €505 | €601 | +€96 | +19.1% |
| Gross operating margin | 9900 | €4,147 | €5,348 | +€1,201 | +29.0% |
| Operating profit (loss) | 9901 | -€8,847 | -€11,056 | -€2,209 | -25.0% |
| Financial income | 75/76B | €5,398 | €9,845 | +€4,447 | +82.4% |
| Recurring financial income | 75 | €5,398 | €9,845 | +€4,447 | +82.4% |
| Financial charges | 65/66B | €4,474 | €4,911 | +€436 | +9.8% |
| Recurring financial charges | 65 | €4,474 | €4,911 | +€436 | +9.8% |
| Profit (loss) for the period before taxes | 9903 | -€7,924 | -€6,122 | +€1,802 | +22.7% |
| Transfer from deferred taxes | 780 | €1,575 | €1,575 | = | 0.0% |
| Profit (loss) for the period | 9904 | -€6,349 | -€4,547 | +€1,802 | +28.4% |
| Transfer from tax-exempt reserves | 789 | €4,725 | €4,725 | = | 0.0% |
| Profit (loss) for the period to be appropriated | 9905 | -€1,624 | €178 | +€1,802 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.