SEQUOYAH: 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.
SEQUOYAH
Largest movements
- Cash -€577,011
down €577,011 (-92.8%), from €621,513 to €44,502
mainly Receivables after one year (-€460,000) and Investment in fixed assets (net) (-€58,444)
- Receivables after one year +€460,000
new in 2024: €460,000
- Tangible fixed assets +€49,734
up €49,734 (+86.8%), from €57,292 to €107,026
of which Plant, machinery and equipment: +€50,372
- Receivables within one year +€37,310
up €37,310 (+57.2%), from €65,253 to €102,563
of which Other amounts receivable: +€68,447
- Deferred charges and accrued income +€7,496
up €7,496 (+191.4%), from €3,915 to €11,411
- Trade debts -€26,004
down €26,004 (-61.4%), from €42,381 to €16,378
- Gross operating margin -€116,491
down €116,491 (-80.0%), from €145,685 to €29,194
- Taxes -€13,201
down €13,201 (-58.8%), from €22,451 to €9,250
- Financial income +€10,972
up €10,972 (+1152.9%), from €952 to €11,924
- Depreciation +€2,738
up €2,738 (+45.8%), from €5,973 to €8,711
- Other operating charges -€2,334
down €2,334 (-50.2%), from €4,646 to €2,312
From the 2023 result to the 2024 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 2023 and 2024 balance sheets and the 2024 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2023 | 2024 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €748,075 | €725,603 | -€22,472 | -3.0% |
| Fixed assets | 21/28 | €57,393 | €107,127 | +€49,734 | +86.7% |
| Tangible fixed assets | 22/27 | €57,292 | €107,026 | +€49,734 | +86.8% |
| Plant, machinery and equipment | 23 | €54,213 | €104,585 | +€50,372 | +92.9% |
| Furniture and vehicles | 24 | €3,080 | €2,441 | -€639 | -20.7% |
| Financial fixed assets | 28 | €101 | €101 | = | 0.0% |
| Current assets | 29/58 | €690,682 | €618,476 | -€72,205 | -10.5% |
| Amounts receivable after more than one year | 29 | - | €460,000 | +€460,000 | |
| Trade receivables | 290 | - | €460,000 | +€460,000 | |
| Amounts receivable within one year | 40/41 | €65,253 | €102,563 | +€37,310 | +57.2% |
| Trade receivables | 40 | €31,137 | - | -€31,137 | |
| Other amounts receivable | 41 | €34,116 | €102,563 | +€68,447 | +200.6% |
| Cash at bank and in hand | 54/58 | €621,513 | €44,502 | -€577,011 | -92.8% |
| Deferred charges and accrued income | 490/1 | €3,915 | €11,411 | +€7,496 | +191.4% |
| Total equity and liabilities | 10/49 | €748,075 | €725,603 | -€22,472 | -3.0% |
| Equity | 10/15 | €419,842 | €426,060 | +€6,218 | +1.5% |
| Contributions | 10/11 | €65,000 | €65,000 | = | 0.0% |
| Capital | 10 | €65,000 | €65,000 | = | 0.0% |
| Issued capital | 100 | €65,000 | €65,000 | = | 0.0% |
| Reserves | 13 | €6,500 | €6,500 | = | 0.0% |
| Non-distributable reserves | 130/1 | €6,500 | €6,500 | = | 0.0% |
| Legal reserve | 130 | €6,500 | €6,500 | = | 0.0% |
| Profit (loss) carried forward | 14 | €348,342 | €354,560 | +€6,218 | +1.8% |
| Provisions and deferred taxes | 16 | €220,327 | €220,327 | = | 0.0% |
| Provisions for liabilities and charges | 160/5 | €220,327 | €220,327 | = | 0.0% |
| Pensions and similar obligations | 160 | €210,327 | €210,327 | = | 0.0% |
| Environmental obligations | 163 | - | €10,000 | +€10,000 | |
| Other liabilities and charges | 164/5 | €10,000 | - | -€10,000 | |
| Amounts payable | 17/49 | €107,907 | €79,217 | -€28,690 | -26.6% |
| Amounts payable within one year | 42/48 | €107,907 | €79,217 | -€28,690 | -26.6% |
| Trade debts | 44 | €42,381 | €16,378 | -€26,004 | -61.4% |
| Suppliers | 440/4 | €42,381 | €16,378 | -€26,004 | -61.4% |
| Taxes, remuneration and social security | 45 | €65,525 | €62,839 | -€2,686 | -4.1% |
| Taxes | 450/3 | €65,525 | €62,839 | -€2,686 | -4.1% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,973 | €8,711 | +€2,738 | +45.8% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €496 | - | -€496 | |
| Other operating charges | 640/8 | €4,646 | €2,312 | -€2,334 | -50.2% |
| Gross operating margin | 9900 | €145,685 | €29,194 | -€116,491 | -80.0% |
| Operating profit (loss) | 9901 | €134,571 | €18,172 | -€116,399 | -86.5% |
| Financial income | 75/76B | €952 | €11,924 | +€10,972 | +1152.9% |
| Recurring financial income | 75 | €952 | €11,924 | +€10,972 | +1152.9% |
| Financial charges | 65/66B | €2,579 | €4,628 | +€2,048 | +79.4% |
| Recurring financial charges | 65 | €2,579 | €4,628 | +€2,048 | +79.4% |
| Profit (loss) for the period before taxes | 9903 | €132,943 | €25,468 | -€107,475 | -80.8% |
| Income taxes | 67/77 | €22,451 | €9,250 | -€13,201 | -58.8% |
| Profit (loss) for the period | 9904 | €110,492 | €16,218 | -€94,274 | -85.3% |
| Profit (loss) for the period to be appropriated | 9905 | €110,492 | €16,218 | -€94,274 | -85.3% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2023 and 31 December 2024. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 29 September 2026 via checked.be.