SEQUOIA SAXOPHONES: 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 SAXOPHONES
Largest movements
- Receivables within one year -€23,747
down €23,747 (-21.4%), from €110,972 to €87,225
of which Other amounts receivable: -€14,329
- Debts after one year -€19,763
down €19,763 (-56.5%), from €34,952 to €15,189
- Trade debts -€14,155
down €14,155 (-81.7%), from €17,322 to €3,167
- Other debts +€5,000
up €5,000 (+50.0%), from €10,000 to €15,000
- Reserves +€4,670
up €4,670 (+7.7%), from €61,043 to €65,713
of which Distributable reserves: +€4,670
- Gross operating margin +€11,745
up €11,745 (+72.4%), from €16,230 to €27,975
- Taxes +€1,989
up €1,989 (+152%), from €1,307 to €3,296
- Financial income +€1,040
up €1,040 (+13,004%), from €8 to €1,048
- Write-downs +€947
no longer reported in 2025 (was -€947)
- Financial charges -€805
down €805 (-20.5%), from €3,919 to €3,114
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 | €357,746 | €332,405 | -€25,342 | -7.1% |
| Fixed assets | 21/28 | €213,937 | €212,276 | -€1,661 | -0.8% |
| Tangible fixed assets | 22/27 | €213,937 | €212,276 | -€1,661 | -0.8% |
| Land and buildings | 22 | €213,937 | €212,276 | -€1,661 | -0.8% |
| Current assets | 29/58 | €143,809 | €120,128 | -€23,681 | -16.5% |
| Stocks and contracts in progress | 3 | €31,659 | €31,284 | -€375 | -1.2% |
| Stocks | 30/36 | €31,659 | €31,284 | -€375 | -1.2% |
| Amounts receivable within one year | 40/41 | €110,972 | €87,225 | -€23,747 | -21.4% |
| Trade receivables | 40 | €11,301 | €1,883 | -€9,418 | -83.3% |
| Other amounts receivable | 41 | €99,671 | €85,342 | -€14,329 | -14.4% |
| Cash at bank and in hand | 54/58 | €757 | €1,177 | +€419 | +55.4% |
| Deferred charges and accrued income | 490/1 | €422 | €443 | +€21 | +5.0% |
| Total equity and liabilities | 10/49 | €357,746 | €332,405 | -€25,342 | -7.1% |
| Equity | 10/15 | €235,053 | €239,728 | +€4,675 | +2.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €61,043 | €65,713 | +€4,670 | +7.7% |
| Non-distributable reserves | 130/1 | €1,859 | €1,859 | = | 0.0% |
| Reserves not available under the articles | 1311 | €1,859 | €1,859 | = | 0.0% |
| Tax-exempt reserves | 132 | €59,183 | €59,183 | = | 0.0% |
| Distributable reserves | 133 | - | €4,670 | +€4,670 | |
| Profit (loss) carried forward | 14 | €155,419 | €155,423 | +€5 | 0.0% |
| Provisions and deferred taxes | 16 | €30,475 | €30,475 | = | 0.0% |
| Deferred taxes | 168 | €30,475 | €30,475 | = | 0.0% |
| Amounts payable | 17/49 | €92,218 | €62,202 | -€30,017 | -32.5% |
| Amounts payable after more than one year | 17 | €34,952 | €15,189 | -€19,763 | -56.5% |
| Financial debts | 170/4 | €34,952 | €15,189 | -€19,763 | -56.5% |
| Amounts payable within one year | 42/48 | €54,441 | €44,432 | -€10,009 | -18.4% |
| Current portion of amounts payable after more than one year | 42 | €20,269 | €19,763 | -€506 | -2.5% |
| Trade debts | 44 | €17,322 | €3,167 | -€14,155 | -81.7% |
| Suppliers | 440/4 | €17,322 | €3,167 | -€14,155 | -81.7% |
| Taxes, remuneration and social security | 45 | €6,849 | €6,502 | -€347 | -5.1% |
| Taxes | 450/3 | €6,849 | €6,502 | -€347 | -5.1% |
| Other amounts payable | 47/48 | €10,000 | €15,000 | +€5,000 | +50.0% |
| Accrued charges and deferred income | 492/3 | €2,826 | €2,581 | -€245 | -8.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,661 | €1,661 | = | 0.0% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€947 | - | +€947 | |
| Other operating charges | 640/8 | €1,455 | €1,278 | -€178 | -12.2% |
| Gross operating margin | 9900 | €16,230 | €27,975 | +€11,745 | +72.4% |
| Operating profit (loss) | 9901 | €14,062 | €25,037 | +€10,976 | +78.1% |
| Financial income | 75/76B | €8 | €1,048 | +€1,040 | +13,004% |
| Recurring financial income | 75 | €8 | €1,048 | +€1,040 | +13,004% |
| Financial charges | 65/66B | €3,919 | €3,114 | -€805 | -20.5% |
| Recurring financial charges | 65 | €3,919 | €3,114 | -€805 | -20.5% |
| Profit (loss) for the period before taxes | 9903 | €10,150 | €22,971 | +€12,821 | +126% |
| Income taxes | 67/77 | €1,307 | €3,296 | +€1,989 | +152% |
| Profit (loss) for the period | 9904 | €8,843 | €19,675 | +€10,832 | +122% |
| Profit (loss) for the period to be appropriated | 9905 | €8,843 | €19,675 | +€10,832 | +122% |
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 29 October 2026 via checked.be.