SEQUEL IT
ActiveSummary
SEQUEL IT has been active since 2008 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €243k and a net result of €29k. Equity is growing by ~5.2% per year across the filed fiscal years. Its solvency ranks better than 93% of 2832 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2024
94
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability82▼-5
Solvency100=
Growth78=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €22k at 30 days acceptable
Liquidity ample (current ratio 10.84 against 8.87 in 2023; short-term debt: 8.4% and cash: 67.7% of total assets), and 8.4% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Three signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Sector 62
lower
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 16-06-2025, 45 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
45 d early
2023
44 d early
2022
49 d early
2021
48 d early
2020
46 d early
2019
45 d early
← before the deadline
after the deadline →
Checked, nothing found (1)
Financials · fiscal year 2024, abbreviated schema
Equity
€243k▲ 5.8%
2023 · €230k
2018: €178k
2019: €184k
2020: €198k
2021: €202k
2022: €206k
2023: €230k
2018 → 2024
Total assets
€265k▲ 2.8%
2023 · €258k
2018: €194k
2019: €189k
2020: €206k
2021: €229k
2022: €243k
2023: €258k
2018 → 2024
Net result
€29k▼ 25.2%
2023 · €39k
2018: €-5k
2019: €7k
2020: €16k
2021: €18k
2022: €27k
2023: €39k
2018 → 2024
Working capital
€221k▼ 1.5%
2023 · €224k
2018: €174k
2019: €179k
2020: €194k
2021: €194k
2022: €200k
2023: €224k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€198k-€202k▲ 1.7%€206k▲ 2.2%€230k▲ 11.5%€243k▲ 5.8%
Operating result€23k-€27k▲ 15.6%€38k▲ 43.1%€54k▲ 42.2%€40k▼ 26.9%
Net result€16k-€18k▲ 13.1%€27k▲ 46.5%€39k▲ 44.2%€29k▼ 25.2%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result falls in 2024; 2024 is 27% below 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €265k
Fixed assets
€22k ▲ 302%
Current assets
€243k ▼ 3.8%
Equity and liabilities €265k
Equity
€243k ▲ 5.8%
Debt
€22k ▼ 21.3%
Debt's share of the balance-sheet total falls from 11.0% to 8.4%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€44k▼
2023 · €58k
Cash flow
€33k▼
2023 · €42k
Current ratio
10.84▲
2023 · 8.87
Quick ratio
10.66▲
2023 · 8.74
Debt to equity
0.09▼
2023 · 0.12
ROE
11.9%▼
2023 · 16.8%
ROA
10.9%▼
2023 · 15.0%
Interest coverage
112.02▼
2023 · 155.62
Debt ≤ 1 year
€22k▼
2023 · €28k
Income taxes
€12k▼
2023 · €16k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2024 against 2023 · 49 lines
Balance sheet
Code20232024
Assets
Total assets20/58€258k€265k▲
Fixed assets21/28€6k€22k▲
Tangible fixed assets22/27€6k€22k▲
Plant, machinery and equipment23€2k€1k▼
Furniture and vehicles24€3k€21k▲
Current assets29/58€252k€243k▼
Stocks and contracts in progress3€4k€4k▲
Stocks30/36€4k€4k▲
Amounts receivable within one year40/41€169k€58k▼
Trade receivables40€51k€46k▼
Other amounts receivable41€118k€11k▼
Cash at bank and in hand54/58€78k€180k▲
Deferred charges and accrued income490/1€2k€1k▼
Equity and liabilities
Total equity and liabilities10/49€258k€265k▲
Equity10/15€230k€243k▲
Contributions10/11€6k€6k=
Reserves13€223k€237k▲
Tax-exempt reserves132€13k€13k=
Distributable reserves133€210k€224k▲
Profit (loss) carried forward14€0€0=
Amounts payable17/49€28k€22k▼
Amounts payable within one year42/48€28k€22k▼
Financial debts43-€70
Credit institutions430/8-€70
Trade debts44€2k€459▼
Suppliers440/4€2k€459▼
Taxes, remuneration and social security45€9k€3k▼
Taxes450/3€9k€3k▼
Other amounts payable47/48€18k€19k▲
Income statement
Code20232024
Non-recurring operating income76A€71€0▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€4k▲
Other operating charges640/8€584€596▲
Gross operating margin9900€58k€45k▼
Operating profit (loss)9901€54k€40k▼
Financial income75/76B€500€2k▲
Recurring financial income75€500€2k▲
Financial charges65/66B€372€393▲
Recurring financial charges65€372€393▲
Profit (loss) for the period before taxes9903€54k€41k▼
Income taxes67/77€16k€12k▼
Profit (loss) for the period9904€39k€29k▼
Profit (loss) for the period to be appropriated9905€39k€29k▼
Appropriation of the result
Profit (loss) to be appropriated9906€39k€29k▼
Transfer from equity791/2€15k€16k▲
Transfer to equity691/2€39k€29k▼
To other reserves6921€39k€29k▼
Profit to be distributed694/7€15k€16k▲
Return on contributions (dividend)694€15k€16k▲
Social balance
Average headcount (FTE)90870.00.0=
The notes to these accounts (7 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
16-06
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
17-06
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Highest result since 2018net €39k ▲44.2%
Operating result €54k, net result €39k, both a record.
12-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
13-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Equity above €200kEq €202k ▲1.7%
3 profitable years in a row build equity to €202k.
15-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
16-06
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €7k
Net result €7k after one loss-making year.
31-12
Financial
Liquidity triplescurrent ratio 33.75
Current ratio from 11.99 to 33.75; short-term debt falls from €16k to €5k.
29-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
27-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
2016
28-07
NBB filing
Annual accounts filed
fiscal year 2015 · abbreviated schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 3 acts read
About the unread acts
We know of 3 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
3 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Kalmthout · 1 establishment unit since 2008
Ground area
783 m²
Building footprint
130 m²
Volume, LiDAR
594 m³
Parcel 11022G0219/00Y000, Flanders · tallest building 7.2 m, ±1 floor. Linked by address, not a title deed.
1 establishment unit
gODEndRANK
since 20082.172.048.150
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11022G0219/00Y000 | Flanders | 783 m² | 1 · 130 m² | 7.2 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 29,993 companies in sector 62200 we hold annual accounts for 18,396. 14,268 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded23-06-2008
Fiscal year end31-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
62100Computer programming
63100Computing infrastructure, data processing, hosting and related activities
68310Real estate agency activities
95100Repair and maintenance of computers and communication equipment
Sources
Crossroads Bank for EnterprisesNational Bank · 16 filingsAddress and cadastre registers
Scores and ratios are computed by Checked and are not a credit decision.