SEQUOIA DESIGN: 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 DESIGN
Largest movements
- Receivables within one year +€22,019
up €22,019 (+1062.9%), from €2,072 to €24,091
of which Other amounts receivable: +€20,159
- Cash -€4,989
down €4,989 (-100.0%), from €4,989 to €0
mainly Receivables within one year (-€22,019) and Other debts (-€4,165)
- Deferred charges and accrued income +€3,319
up €3,319 (+415.2%), from €799 to €4,118
- Tangible fixed assets +€1,326
up €1,326 (+115.7%), from €1,146 to €2,472
of which Plant, machinery and equipment: +€1,012
- Receivables after one year +€1,120
up €1,120 (+2.7%), from €42,240 to €43,360
- Reserves +€14,671
up €14,671 (+82.9%), from €17,689 to €32,360
of which Distributable reserves: +€14,671
- Short-term financial debts +€4,173
new in 2025: €4,173
- Other debts -€4,165
no longer reported in 2025 (was €4,165)
- Tax, wage and social debts +€3,282
up €3,282 (+786.4%), from €417 to €3,699
of which Taxes: +€2,684
- Trade debts +€3,086
up €3,086 (+141.0%), from €2,189 to €5,275
- Gross operating margin +€30,905
up €30,905, from -€99 to €30,805
- Taxes +€5,521
up €5,521 (+3385.0%), from €163 to €5,684
- Staff costs +€4,743
up €4,743 (+596.0%), from €796 to €5,538
- Depreciation +€2,204
up €2,204 (+3107.8%), from €71 to €2,275
- Financial charges +€853
up €853 (+40.3%), from €2,117 to €2,970
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 | €51,765 | €74,041 | +€22,277 | +43.0% |
| Fixed assets | 21/28 | €1,665 | €2,472 | +€807 | +48.5% |
| Tangible fixed assets | 22/27 | €1,146 | €2,472 | +€1,326 | +115.7% |
| Plant, machinery and equipment | 23 | €1,146 | €2,158 | +€1,012 | +88.3% |
| Furniture and vehicles | 24 | - | €314 | +€314 | |
| Financial fixed assets | 28 | €519 | €0 | -€519 | -100.0% |
| Current assets | 29/58 | €50,100 | €71,569 | +€21,469 | +42.9% |
| Amounts receivable after more than one year | 29 | €42,240 | €43,360 | +€1,120 | +2.7% |
| Other amounts receivable | 291 | €42,240 | €43,360 | +€1,120 | +2.7% |
| Amounts receivable within one year | 40/41 | €2,072 | €24,091 | +€22,019 | +1062.9% |
| Trade receivables | 40 | €14 | €1,874 | +€1,860 | +13229.2% |
| Other amounts receivable | 41 | €2,058 | €22,217 | +€20,159 | +979.8% |
| Cash at bank and in hand | 54/58 | €4,989 | €0 | -€4,989 | -100.0% |
| Deferred charges and accrued income | 490/1 | €799 | €4,118 | +€3,319 | +415.2% |
| Total equity and liabilities | 10/49 | €51,765 | €74,041 | +€22,277 | +43.0% |
| Equity | 10/15 | €44,839 | €59,510 | +€14,671 | +32.7% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €17,689 | €32,360 | +€14,671 | +82.9% |
| Non-distributable reserves | 130/1 | €1,860 | €1,860 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,860 | €1,860 | = | 0.0% |
| Distributable reserves | 133 | €15,829 | €30,500 | +€14,671 | +92.7% |
| Profit (loss) carried forward | 14 | €20,949 | €20,949 | = | 0.0% |
| Amounts payable | 17/49 | €6,926 | €14,531 | +€7,606 | +109.8% |
| Amounts payable within one year | 42/48 | €6,771 | €14,147 | +€7,375 | +108.9% |
| Current portion of amounts payable after more than one year | 42 | - | €1,000 | +€1,000 | |
| Financial debts | 43 | - | €4,173 | +€4,173 | |
| Credit institutions | 430/8 | - | €4,173 | +€4,173 | |
| Trade debts | 44 | €2,189 | €5,275 | +€3,086 | +141.0% |
| Suppliers | 440/4 | €2,189 | €5,275 | +€3,086 | +141.0% |
| Taxes, remuneration and social security | 45 | €417 | €3,699 | +€3,282 | +786.4% |
| Taxes | 450/3 | €163 | €2,847 | +€2,684 | +1645.7% |
| Remuneration and social security | 454/9 | €254 | €852 | +€598 | +235.1% |
| Other amounts payable | 47/48 | €4,165 | - | -€4,165 | |
| Accrued charges and deferred income | 492/3 | €154 | €385 | +€230 | +149.3% |
| Remuneration, social security and pensions | 62 | €796 | €5,538 | +€4,743 | +596.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71 | €2,275 | +€2,204 | +3107.8% |
| Other operating charges | 640/8 | €608 | €1,068 | +€461 | +75.8% |
| Gross operating margin | 9900 | -€99 | €30,805 | +€30,905 | |
| Operating profit (loss) | 9901 | -€1,574 | €21,923 | +€23,497 | |
| Financial income | 75/76B | €1,248 | €1,402 | +€154 | +12.4% |
| Recurring financial income | 75 | €1,248 | €1,402 | +€154 | +12.4% |
| Financial charges | 65/66B | €2,117 | €2,970 | +€853 | +40.3% |
| Recurring financial charges | 65 | €2,117 | €2,970 | +€853 | +40.3% |
| Profit (loss) for the period before taxes | 9903 | -€2,443 | €20,355 | +€22,798 | |
| Income taxes | 67/77 | €163 | €5,684 | +€5,521 | +3385.0% |
| Profit (loss) for the period | 9904 | -€2,606 | €14,671 | +€17,277 | |
| Profit (loss) for the period to be appropriated | 9905 | -€2,606 | €14,671 | +€17,277 |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.