SEQUOIA FOREST: 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 FOREST
Largest movements
- Stocks and contracts -€249,367
down €249,367 (-77.2%), from €323,017 to €73,650
- Tangible fixed assets +€83,221
up €83,221 (+1,513%), from €5,500 to €88,721
of which Furniture and vehicles: +€75,843
- Receivables within one year +€51,193
up €51,193 (+4,697%), from €1,090 to €52,283
of which Other amounts receivable: +€48,910
- Cash +€33,554
up €33,554 (+238%), from €14,069 to €47,622
mainly Stocks and contracts (+€249,367) and Debts after one year (+€40,729)
- Financial fixed assets +€22,500
new in 2025: €22,500
- Other debts -€104,052
down €104,052 (-41.2%), from €252,418 to €148,366
- Debts after one year +€40,729
new in 2025: €40,729
- Current portion of long-term debt +€12,328
new in 2025: €12,328
- Depreciation +€19,368
new in 2025: €19,368
- Taxes -€3,854
down €3,854 (-91.4%), from €4,218 to €364
- Financial charges +€3,073
up €3,073 (+83.5%), from €3,682 to €6,755
- Gross operating margin +€2,012
up €2,012 (+7.9%), from €25,450 to €27,462
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.
Derived cash bridge
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 | €343,676 | €286,523 | -€57,153 | -16.6% |
| Fixed assets | 21/28 | €5,500 | €111,221 | +€105,721 | +1,922% |
| Tangible fixed assets | 22/27 | €5,500 | €88,721 | +€83,221 | +1,513% |
| Plant, machinery and equipment | 23 | - | €7,377 | +€7,377 | |
| Furniture and vehicles | 24 | €5,500 | €81,343 | +€75,843 | +1,379% |
| Financial fixed assets | 28 | - | €22,500 | +€22,500 | |
| Current assets | 29/58 | €338,176 | €175,302 | -€162,874 | -48.2% |
| Stocks and contracts in progress | 3 | €323,017 | €73,650 | -€249,367 | -77.2% |
| Stocks | 30/36 | €323,017 | €73,650 | -€249,367 | -77.2% |
| Amounts receivable within one year | 40/41 | €1,090 | €52,283 | +€51,193 | +4,697% |
| Trade receivables | 40 | €0 | €2,283 | +€2,283 | |
| Other amounts receivable | 41 | €1,090 | €50,000 | +€48,910 | +4,487% |
| Cash at bank and in hand | 54/58 | €14,069 | €47,622 | +€33,554 | +238% |
| Deferred charges and accrued income | 490/1 | - | €1,747 | +€1,747 | |
| Total equity and liabilities | 10/49 | €343,676 | €286,523 | -€57,153 | -16.6% |
| Equity | 10/15 | €59,582 | €59,611 | +€30 | 0.0% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €39,582 | €39,611 | +€30 | +0.1% |
| Distributable reserves | 133 | €39,582 | €39,611 | +€30 | +0.1% |
| Amounts payable | 17/49 | €284,094 | €226,912 | -€57,183 | -20.1% |
| Amounts payable after more than one year | 17 | - | €40,729 | +€40,729 | |
| Financial debts | 170/4 | - | €40,729 | +€40,729 | |
| Amounts payable within one year | 42/48 | €284,094 | €186,183 | -€97,912 | -34.5% |
| Current portion of amounts payable after more than one year | 42 | - | €12,328 | +€12,328 | |
| Trade debts | 44 | €19,242 | €16,095 | -€3,147 | -16.4% |
| Suppliers | 440/4 | €19,242 | €16,095 | -€3,147 | -16.4% |
| Taxes, remuneration and social security | 45 | €12,435 | €9,393 | -€3,042 | -24.5% |
| Taxes | 450/3 | €12,435 | €9,393 | -€3,042 | -24.5% |
| Remuneration and social security | 454/9 | €0 | - | = | |
| Other amounts payable | 47/48 | €252,418 | €148,366 | -€104,052 | -41.2% |
| Non-recurring operating income | 76A | - | €36,274 | +€36,274 | |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | - | €19,368 | +€19,368 | |
| Other operating charges | 640/8 | €721 | €946 | +€225 | +31.2% |
| Gross operating margin | 9900 | €25,450 | €27,462 | +€2,012 | +7.9% |
| Operating profit (loss) | 9901 | €24,729 | €7,148 | -€17,581 | -71.1% |
| Financial charges | 65/66B | €3,682 | €6,755 | +€3,073 | +83.5% |
| Recurring financial charges | 65 | €3,682 | €6,755 | +€3,073 | +83.5% |
| Profit (loss) for the period before taxes | 9903 | €21,047 | €393 | -€20,654 | -98.1% |
| Income taxes | 67/77 | €4,218 | €364 | -€3,854 | -91.4% |
| Profit (loss) for the period | 9904 | €16,829 | €30 | -€16,799 | -99.8% |
| Profit (loss) for the period to be appropriated | 9905 | €16,829 | €30 | -€16,799 | -99.8% |
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 30 October 2026 via checked.be.