Séquoia Concept: 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.
Séquoia Concept
Largest movements
- Receivables within one year +€2,133
up €2,133 (+10.0%), from €21,381 to €23,514
- Cash +€1,943
up €1,943 (+12.7%), from €15,295 to €17,238
mainly Trade debts (+€7,510) and Depreciation (+€7,386)
- Tangible fixed assets -€1,852
down €1,852 (-11.1%), from €16,721 to €14,869
of which Furniture and vehicles: -€5,928
- Trade debts +€7,510
up €7,510 (+58.2%), from €12,907 to €20,417
- Other debts -€4,675
down €4,675 (-90.0%), from €5,193 to €518
- Profit (loss) carried forward +€1,390
up €1,390 (+7.4%), from €18,729 to €20,119
- Current portion of long-term debt -€1,265
down €1,265 (-71.1%), from €1,778 to €513
- Tax, wage and social debts -€736
down €736 (-6.8%), from €10,790 to €10,054
of which Remuneration and social security: -€584
- Staff costs +€4,967
up €4,967 (+92.3%), from €5,384 to €10,351
- Other operating charges +€3,058
up €3,058 (+690.3%), from €443 to €3,501
- Taxes -€1,846
down €1,846 (-69.7%), from €2,649 to €803
- Gross operating margin +€711
up €711 (+3.0%), from €23,357 to €24,068
- Depreciation +€529
up €529 (+7.7%), from €6,857 to €7,386
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 | €53,397 | €55,621 | +€2,224 | +4.2% |
| Fixed assets | 21/28 | €16,721 | €14,869 | -€1,852 | -11.1% |
| Tangible fixed assets | 22/27 | €16,721 | €14,869 | -€1,852 | -11.1% |
| Plant, machinery and equipment | 23 | €4,705 | €8,781 | +€4,076 | +86.6% |
| Furniture and vehicles | 24 | €12,016 | €6,088 | -€5,928 | -49.3% |
| Current assets | 29/58 | €36,676 | €40,752 | +€4,076 | +11.1% |
| Amounts receivable within one year | 40/41 | €21,381 | €23,514 | +€2,133 | +10.0% |
| Trade receivables | 40 | €21,381 | €23,514 | +€2,133 | +10.0% |
| Cash at bank and in hand | 54/58 | €15,295 | €17,238 | +€1,943 | +12.7% |
| Total equity and liabilities | 10/49 | €53,397 | €55,621 | +€2,224 | +4.2% |
| Equity | 10/15 | €22,729 | €24,119 | +€1,390 | +6.1% |
| Contributions | 10/11 | €4,000 | €4,000 | = | 0.0% |
| Profit (loss) carried forward | 14 | €18,729 | €20,119 | +€1,390 | +7.4% |
| Amounts payable | 17/49 | €30,668 | €31,502 | +€834 | +2.7% |
| Amounts payable within one year | 42/48 | €30,668 | €31,502 | +€834 | +2.7% |
| Current portion of amounts payable after more than one year | 42 | €1,778 | €513 | -€1,265 | -71.1% |
| Trade debts | 44 | €12,907 | €20,417 | +€7,510 | +58.2% |
| Suppliers | 440/4 | €12,907 | €20,417 | +€7,510 | +58.2% |
| Taxes, remuneration and social security | 45 | €10,790 | €10,054 | -€736 | -6.8% |
| Taxes | 450/3 | €6,374 | €6,222 | -€152 | -2.4% |
| Remuneration and social security | 454/9 | €4,416 | €3,832 | -€584 | -13.2% |
| Other amounts payable | 47/48 | €5,193 | €518 | -€4,675 | -90.0% |
| Remuneration, social security and pensions | 62 | €5,384 | €10,351 | +€4,967 | +92.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €6,857 | €7,386 | +€529 | +7.7% |
| Other operating charges | 640/8 | €443 | €3,501 | +€3,058 | +690.3% |
| Gross operating margin | 9900 | €23,357 | €24,068 | +€711 | +3.0% |
| Operating profit (loss) | 9901 | €10,673 | €2,830 | -€7,843 | -73.5% |
| Financial income | 75/76B | €32 | €1 | -€31 | -96.9% |
| Recurring financial income | 75 | €32 | €1 | -€31 | -96.9% |
| Financial charges | 65/66B | €252 | €638 | +€386 | +153.2% |
| Recurring financial charges | 65 | €252 | €638 | +€386 | +153.2% |
| Profit (loss) for the period before taxes | 9903 | €10,453 | €2,193 | -€8,260 | -79.0% |
| Income taxes | 67/77 | €2,649 | €803 | -€1,846 | -69.7% |
| Profit (loss) for the period | 9904 | €7,804 | €1,390 | -€6,414 | -82.2% |
| Profit (loss) for the period to be appropriated | 9905 | €7,804 | €1,390 | -€6,414 | -82.2% |
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 9 October 2026 via checked.be.