SEQUOIA: 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.
SEQUOIA
Largest movements
- Receivables after one year -€25,000
no longer reported in 2025 (was €25,000)
- Tangible fixed assets -€8,014
down €8,014 (-4.0%), from €202,208 to €194,194
- Cash -€6,989
down €6,989 (-65.1%), from €10,738 to €3,749
mainly Contributions, distributions and other (-€169,380) and Current portion of long-term debt (-€9,444)
- Receivables within one year +€6,580
up €6,580 (+8.4%), from €78,745 to €85,325
of which Other amounts receivable: +€10,760
- Reserves -€171,722
down €171,722 (-64.2%), from €267,476 to €95,754
- Other debts +€136,718
up €136,718 (+1179.9%), from €11,588 to €148,305
- Trade debts +€10,679
up €10,679 (+93.6%), from €11,409 to €22,087
- Current portion of long-term debt -€9,444
no longer reported in 2025 (was €9,444)
- Gross operating margin +€31,071
up €31,071, from -€16,972 to €14,098
- Other operating charges +€8,298
up €8,298 (+1060.5%), from €782 to €9,080
- Depreciation -€4,762
down €4,762 (-30.7%), from €15,526 to €10,763
- Financial income +€864
up €864 (+26.5%), from €3,262 to €4,127
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 | €317,483 | €284,055 | -€33,428 | -10.5% |
| Fixed assets | 21/28 | €202,208 | €194,194 | -€8,014 | -4.0% |
| Tangible fixed assets | 22/27 | €202,208 | €194,194 | -€8,014 | -4.0% |
| Land and buildings | 22 | €134,299 | €130,582 | -€3,717 | -2.8% |
| Plant, machinery and equipment | 23 | €6,225 | €4,900 | -€1,326 | -21.3% |
| Furniture and vehicles | 24 | €58,373 | €55,521 | -€2,852 | -4.9% |
| Other tangible fixed assets | 26 | €3,311 | €3,192 | -€119 | -3.6% |
| Current assets | 29/58 | €115,275 | €89,861 | -€25,414 | -22.0% |
| Amounts receivable after more than one year | 29 | €25,000 | - | -€25,000 | |
| Other amounts receivable | 291 | €25,000 | - | -€25,000 | |
| Amounts receivable within one year | 40/41 | €78,745 | €85,325 | +€6,580 | +8.4% |
| Trade receivables | 40 | €4,906 | €726 | -€4,180 | -85.2% |
| Other amounts receivable | 41 | €73,839 | €84,599 | +€10,760 | +14.6% |
| Current investments | 50/53 | €492 | €487 | -€5 | -1.0% |
| Cash at bank and in hand | 54/58 | €10,738 | €3,749 | -€6,989 | -65.1% |
| Deferred charges and accrued income | 490/1 | €300 | €300 | = | 0.0% |
| Total equity and liabilities | 10/49 | €317,483 | €284,055 | -€33,428 | -10.5% |
| Equity | 10/15 | €279,876 | €108,154 | -€171,722 | -61.4% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €267,476 | €95,754 | -€171,722 | -64.2% |
| Distributable reserves | 133 | €267,476 | €95,754 | -€171,722 | -64.2% |
| Amounts payable | 17/49 | €37,607 | €175,901 | +€138,294 | +367.7% |
| Amounts payable within one year | 42/48 | €32,695 | €171,357 | +€138,662 | +424.1% |
| Current portion of amounts payable after more than one year | 42 | €9,444 | - | -€9,444 | |
| Trade debts | 44 | €11,409 | €22,087 | +€10,679 | +93.6% |
| Suppliers | 440/4 | €11,409 | €22,087 | +€10,679 | +93.6% |
| Taxes, remuneration and social security | 45 | €255 | €964 | +€709 | +278.0% |
| Taxes | 450/3 | €255 | €964 | +€709 | +278.0% |
| Other amounts payable | 47/48 | €11,588 | €148,305 | +€136,718 | +1179.9% |
| Accrued charges and deferred income | 492/3 | €4,912 | €4,544 | -€368 | -7.5% |
| Non-recurring operating income | 76A | €19,134 | - | -€19,134 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €15,526 | €10,763 | -€4,762 | -30.7% |
| Other operating charges | 640/8 | €782 | €9,080 | +€8,298 | +1060.5% |
| Gross operating margin | 9900 | -€16,972 | €14,098 | +€31,071 | |
| Operating profit (loss) | 9901 | -€33,280 | -€5,745 | +€27,535 | +82.7% |
| Financial income | 75/76B | €3,262 | €4,127 | +€864 | +26.5% |
| Recurring financial income | 75 | €3,262 | €4,127 | +€864 | +26.5% |
| Financial charges | 65/66B | €484 | €446 | -€38 | -7.9% |
| Recurring financial charges | 65 | €484 | €446 | -€38 | -7.9% |
| Profit (loss) for the period before taxes | 9903 | -€30,502 | -€2,065 | +€28,437 | +93.2% |
| Income taxes | 67/77 | €253 | €277 | +€24 | +9.5% |
| Profit (loss) for the period | 9904 | -€30,755 | -€2,342 | +€28,413 | +92.4% |
| Profit (loss) for the period to be appropriated | 9905 | -€30,755 | -€2,342 | +€28,413 | +92.4% |
Source: filed annual accounts (NBB), financial years ended 30 September 2024 and 30 September 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 9 October 2026 via checked.be.