SEQUOIA MANAGEMENT: 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 MANAGEMENT
Largest movements
- Receivables within one year +€211,709
up €211,709 (+12.8%), from €1.7m to €1.9m
of which Other amounts receivable: +€409,709
- Other debts +€340,000
up €340,000 (+213%), from €160,000 to €500,000
- Trade debts -€120,002
down €120,002 (-66.7%), from €180,021 to €60,019
- Gross operating margin +€335,321
up €335,321 (+307%), from €109,260 to €444,581
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 | €1,654,071 | €1,866,423 | +€212,352 | +12.8% |
| Current assets | 29/58 | €1,654,071 | €1,866,423 | +€212,352 | +12.8% |
| Amounts receivable within one year | 40/41 | €1,653,945 | €1,865,654 | +€211,709 | +12.8% |
| Trade receivables | 40 | €198,000 | €0 | -€198,000 | -100% |
| Other amounts receivable | 41 | €1,455,945 | €1,865,654 | +€409,709 | +28.1% |
| Cash at bank and in hand | 54/58 | €127 | €770 | +€643 | +507% |
| Total equity and liabilities | 10/49 | €1,654,071 | €1,866,423 | +€212,352 | +12.8% |
| Equity | 10/15 | €1,313,862 | €1,306,404 | -€7,458 | -0.6% |
| Contributions | 10/11 | €20,000 | €20,000 | = | 0.0% |
| Reserves | 13 | €1,215,074 | €1,215,074 | = | 0.0% |
| Tax-exempt reserves | 132 | €1,212,288 | €1,212,288 | = | 0.0% |
| Distributable reserves | 133 | €2,786 | €2,786 | = | 0.0% |
| Profit (loss) carried forward | 14 | €78,789 | €71,331 | -€7,458 | -9.5% |
| Amounts payable | 17/49 | €340,209 | €560,019 | +€219,810 | +64.6% |
| Amounts payable within one year | 42/48 | €340,209 | €560,019 | +€219,810 | +64.6% |
| Trade debts | 44 | €180,021 | €60,019 | -€120,002 | -66.7% |
| Suppliers | 440/4 | €180,021 | €60,019 | -€120,002 | -66.7% |
| Taxes, remuneration and social security | 45 | €187 | €0 | -€187 | -100% |
| Taxes | 450/3 | €187 | €0 | -€187 | -100% |
| Other amounts payable | 47/48 | €160,000 | €500,000 | +€340,000 | +213% |
| Other operating charges | 640/8 | €1,094 | €1,126 | +€33 | +3.0% |
| Gross operating margin | 9900 | €109,260 | €444,581 | +€335,321 | +307% |
| Operating profit (loss) | 9901 | €108,167 | €443,455 | +€335,288 | +310% |
| Financial income | 75/76B | €50,624 | €49,087 | -€1,537 | -3.0% |
| Recurring financial income | 75 | €50,624 | €49,087 | -€1,537 | -3.0% |
| Financial charges | 65/66B | €39 | €0 | -€39 | -100% |
| Recurring financial charges | 65 | €39 | €0 | -€39 | -100% |
| Profit (loss) for the period before taxes | 9903 | €158,752 | €492,542 | +€333,790 | +210% |
| Profit (loss) for the period | 9904 | €158,752 | €492,542 | +€333,790 | +210% |
| Profit (loss) for the period to be appropriated | 9905 | €158,752 | €492,542 | +€333,790 | +210% |
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 14 October 2026 via checked.be.