Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Tight liquidity NBB
Cash and receivables cover 54 % of short-term debt in 2026; threshold 65 %.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2026
Sequentia Invest from Sint-Joost-ten-Node, company number BE0599829390, closed financial year 2026 with a result of € 845,989 after tax. For that financial year Sequentia Invest recorded revenue of € 2 million and equity of € 17.5 million. Compared with financial year 2025, the result moved from € 2 million to € 845,989. The company is profitable. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on October 15, 2026.
€ 17.5 million
▲ 7% vs 2025
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 845,989
▼ 57% vs 2025
Profit after tax over the fiscal year.
€ 105,382
▼ 80% vs 2025
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2026. Retained profit grew to € 17.4 million.
People and assets in 2026
1.9
▲ 0.1 vs 2025
Average over the fiscal year, from the social balance sheet.
€ 131,866
▲ 9% vs 2025
€ 69,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
Debts at end 2026
€ 7.8 million
▼ 3% vs 2025
€ 6.2 million is repaid this year. At this pace the long-term loan is gone in ≈ 1 years.
€ 2.6 million
▲ 87% vs 2025
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 849 days on average.
€ 146,445
▼ 51% vs 2025
Taxes, VAT and social contributions still to pay.
| 2023 | 2024 | 2025 | 2026 | Change 2025 → 2026 | |
|---|---|---|---|---|---|
| Revenue | € 1,981,924 | € 1,955,914 | € 1,995,114 | € 2,042,846 | ▲ 2% |
| Profit after taxes | € 2,243,805 | € 1,237,009 | € 1,951,682 | € 845,989 | ▼ 57% |
| Equity | € 13,170,600 | € 14,407,609 | € 16,359,290 | € 17,549,049 | ▲ 7% |
| Total debts | € 22,062,621 | € 21,709,801 | € 34,080,617 | € 38,199,414 | ▲ 12% |
| Cash | € 756,636 | € 1,112,741 | € 526,646 | € 105,382 | ▼ 80% |
| Land & buildings | € 237,269 | € 237,269 | € 237,269 | € 237,269 | |
| Retained profit | € 13,070,504 | € 14,307,513 | € 16,259,195 | € 17,448,954 | ▲ 7% |
| Bank debt | € 8,436,661 | € 8,209,993 | € 7,983,325 | € 7,756,657 | ▼ 3% |
| Balance sheet total | € 35,373,221 | € 36,257,410 | € 50,579,907 | € 55,864,664 | ▲ 10% |
| Employees (FTE) | 1.8 | 1.8 | 1.8 | 1.9 | ▲ 0.1 |
Key figures of Sequentia Invest, fiscal years 2023 to 2026, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2027) expected before 31 October 2027.
What happened to Sequentia Invest?
What happened at Sequentia Invest in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2026: profit of € 845,989 (▼ 57% vs 2025). Source: NBB ↗
- New establishment in Kortemark. KBO
- Start of the company according to the CBE. KBO
In short
From € 2.2 million profit in 2023 to € 845,989 profit in 2026.
Paid € 2.1 million in corporate taxes since 2023.
Best year ever: 2023, with € 2.2 million profit.
Management
Behind Sequentia Invest are Maurienas bv and Leeuwenhart bv. It owns 100% of Extenso, 100% of Immo De Posthoorn, 100% of Royal Navy Property, 99.3% of Houtland, 99% of Les Beaux Chenes and 98.4% of Luc Vulsteke Industrial itself.
Directors
According to the 2026 annual accounts
Director · represented by Evelien Vulsteke
Also active at: Beltramex, BVI.EU, FLOREFFE REAL ESTATE
Director · represented by Nickolas Vulsteke
Also active at: Beltramex, BVI.EU, FLOREFFE REAL ESTATE
Establishments
Establishment units
Physical locations of this company
Kunstlaan 1
1210 Sint-Joost-ten-Node
Hoogledestraat 122 B
8610 Kortemark
Active since 30 September 2020
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →EUROPEAN REAL ESTATE INVESTMENTS
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What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0599.829.390
- VAT number
- BE 0599.829.390
- Registered office
- Kunstlaan 1, 1210 Sint-Joost-ten-Node
- Names & denominations
- Sequentia Invest
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 2 March 2015
- Peppol
- Active · Active since 27 Mar 2026
- Activities · NACE
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