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SEMTECH

Active
Private limited company·Algemene elektrotechnische installatiewerken· 5 yrs active
Brakelsesteenweg 169 ·9406 Ninove, Belgium
KBO/BCE: BE 0755.435.802
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age5 yrs
Staff (FTE)4.1

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of SEMTECH is 2.3% (moderate). The 2024 annual accounts show equity of €145k and a net result of €47k. Equity is growing by ~21.6% per year across the filed fiscal years. Its solvency ranks better than 16% of 11087 sector peers (fiscal year 2024). The company has been active since 2020 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

3 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 16% of 11087 sector peers (2024).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2023 and 2024).
View the result trend
Growing equity
Equity grew over 2022-2024. Profits are largely retained rather than distributed.
View the equity trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2020, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
2.3% Moderate
0%0,5%1,5%4%10%≥25%
Young company +Higher-failure-rate sector +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€47k+61.3%
Working capital€-123k-47.3%

Annual accounts & ratios

Source: NBB · 2024
Annual accounts filed on 20-06-2025 with the NBB · fiscal year 2024 · micro
€0€50k€100k€150kOperating result 2021: €163k€163kNet result 2021: €152k€152kOperating result 2022: €147k€147kNet result 2022: €136k€136kOperating result 2023: €56k€56kNet result 2023: €29k€29kOperating result 2024: €77k€77kNet result 2024: €47k€47k2021202220232024
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
declining At this pace, net result would indicatively turn negative around fiscal year 2025, assuming unchanged policy.
€-200k€-100k€0€100k€200k2025: €0 (€-22k - €22k)2026: €-40k (€-75k - €-5k)2027: €-80k (€-128k - €-31k)2021: €152k2022: €136k2023: €29k2024: €47k2021202220232024202520262027
Solid line = filed figures · dashed = extended trend · area = indicative range.
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2024 · NACE 43, Specialised construction · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 10.3% 40.9%
better than 16% of 11087 sector peers
Net result €47k €11k
better than 85% of 11069 sector peers
Equity €145k €34k
better than 90% of 11090 sector peers
Gross operating margin €400k €35k
better than 95% of 11060 sector peers
Staff costs €205k €25k
higher than 95% of 4038 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P16
2021: P32 · n=35492022: P16 · n=65332023: P15 · n=90992024: P16 · n=110872021 2024
Stable position over 2021-2024 · n=3549-11087
Net result P85
2021: P95 · n=35402022: P95 · n=65182023: P74 · n=90842024: P85 · n=110692021 2024
Stable position over 2021-2024 · n=3540-11069
Equity P90
2021: P76 · n=35522022: P89 · n=65392023: P91 · n=91052024: P90 · n=110902021 2024
Stable position over 2021-2024 · n=3552-11090
Gross operating margin P95
2021: P95 · n=35402022: P95 · n=65122023: P95 · n=90742024: P95 · n=110602021 2024
Stable position over 2021-2024 · n=3540-11060
Describes the position versus peers, not a forecast.
EBITDA
€184k
+15.0% +150% vs sector
Net profit
€47k
+61.3% +5% vs sector
Cash flow
€154k
+15.4% +164% vs sector
Total assets
€1.41M
-9.0% +295% vs sector
Equity
€145k
+1.5% -41% vs sector
Working capital
€-123k
-47.3% far below sector median
Employees (FTE)
4
+13.9% -68% vs sector
Staff costs
€205k
+41.9% -60% vs sector
Income taxes
€1k
+180.2% -88% vs sector
Debt
€1.26M
-10.1% far above sector median
Debt ≤ 1y
€546k
-3.0% far above sector median
Debt > 1y
€702k
-14.8% +237% vs sector
Current ratio
0.77
-9.0% -77% vs sector
Quick ratio
0.65
-13.0% -80% vs sector
Solvency
10.3%
+11.6% -85% vs sector
Debt / equity
8.72
-11.4% far above sector median
ROE
32.6%
+58.9% +77% vs sector
ROA
3.4%
+77.3% -34% vs sector
Interest coverage
6.38
+7.2% -60% vs sector
Figures by fiscal year
Fiscal year2024
Revenue-
EBITDA€184k
Net profit€47k
Cash flow€154k
Staff costs€205k
Income taxes€1k
Dividends-
Total assets€1.41M
Equity€145k
Debt€1.26M
of which ≤ 1y€546k
of which > 1y€702k
Working capital€-123k
Employees (FTE)4.1
Ratios (computed)
2024
Current ratio0.77
Quick ratio0.65
Working capital ratio-8.8%
Solvency10.3%
Debt / equity8.72
Long-term debt ratio4.86
Interest coverage6.38
Gross margin-
Net margin-
ROA3.4%
ROE32.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2024
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2024
Balance sheet, Assets
TOTAL ASSETS 20/58€1.41M
Fixed assets 21/28€983k
Intangible fixed assets 21€41k
Tangible fixed assets 22/27€942k
Current assets 29/58€423k
Stocks & contracts in progress 3€66k
Amounts receivable within one year 40/41€276k
Cash & bank 54/58€60
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€1.41M
Equity 10/15€145k
Contributions / capital 10/11€15k
Reserves 13€130k
Amounts payable 17/49€1.26M
Amounts payable after one year 17€702k
Amounts payable within one year 42/48€546k
Trade debts payable within one year 44€302k
Income statement
Gross operating margin 9900€400k
Operating result 9901€77k
Financial income 75€147
Financial charges 65€29k
Result before taxes 9903€49k
Income taxes 67/77€1k
Net result for the period 9904€47k
Result to be appropriated 9905€47k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2024 · computed
56 / 100 Fair
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register
3 companies at this address See who is registered here

Establishment units

1 location
SEMTECH
Brakelsesteenweg 169, 9406 NinoveVervaardiging van industriële machines, apparaten en toestellen voor de koeltechniek
since 20202.308.207.149
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area213 m²
Buildings1
Building footprint152 m²
Volume (LiDAR)799 m³
Tallest building6.3 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
41055B0621/00S002 Flanders 213 m² 1 · 152 m² 6.2 m · 2 fl.
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

2 acts
All acts · 2 updated 2 years ago
2024
21-03-2024 Discharge granted to the board Director changes
2023
23-03-2023 2 directors appointed Director changes
  • Jan Scheerlinck, Bestuurder
  • Jan Scheerlinck, Vaste vertegenwoordiger

Analysis

Snowflake analysis

financial profile on 5 axes
Health56Profitability100Solvency13Growth52Stability94
63 / 100

Strong profile, led by profitability.

Health 56
Profitability 100
Solvency 13
Growth 52
Stability 94

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Reparatie van machines33120Reparatie en onderhoud van machines33120Elektrotechnische installatiewerken aan gebouwen43211Algemene elektrotechnische installatiewerken43211Vervaardiging van machines en apparaten voor de koeltechniek en de klimaatregeling, voor niet-huishoudelijk gebruik28250Vervaardiging van machines en apparaten voor klimaatregeling, voor niet-huishoudelijk gebruik28250Installatie van verwarming, klimaatregeling en ventilatie43222Installatie van verwarming, klimaatregeling, koeling en ventilatie aangedreven door elektriciteit43222Installatie van isolatie43230Isolatiewerkzaamheden43291Schrijnwerk43320Schrijnwerk43320Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik46647Groothandel in machines en apparaten voor de warmte-, koel- en vriestechniek voor industrieel gebruik46697Ingenieurs en aanverwante technische adviseurs, exclusief landmeters71121Activiteiten van ingenieurs en aanverwante technische adviseurs, exclusief landmeters-experts71121
Primary activity highlighted.
Names & trade names
Legal nameNL SEMTECH
Registered office
Brakelsesteenweg 169
9406 Ninove, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.