ON Semiconductor Technology: 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.
What changed
ON Semiconductor Technology
NACE 71.209, Other technical testing and analysis
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
€1.7m
2024 · €1.6m+€19,299
Equity
€7.3m
2024 · €5.7m+€1.7m
Cash
€8.2m
2024 · €45.7m-€37.5m
Balance sheet total
€17.0m
2024 · €54.9m-€38.0m
Largest movements
Assets
- Cash -€37.5m
down €37.5m (-82.1%), from €45.7m to €8.2m
mainly Provisions (-€30.7m) and Trade debts (-€7.1m)
- Tangible fixed assets -€1.6m
down €1.6m (-46.5%), from €3.3m to €1.8m
of which Plant, machinery and equipment: -€1.7m
- Receivables within one year +€1.3m
up €1.3m (+24.9%), from €5.3m to €6.6m
of which Other amounts receivable: +€1.1m
Equity and liabilities
- Provisions -€30.7m
down €30.7m (-92.5%), from €33.2m to €2.5m
- Trade debts -€7.1m
down €7.1m (-77.7%), from €9.1m to €2.0m
- Debts after one year -€3.4m
no longer reported in 2025 (was €3.4m)
- Reserves +€1.7m
up €1.7m (+29.5%), from €5.6m to €7.3m
- Tax, wage and social debts +€1.1m
up €1.1m (+32.7%), from €3.5m to €4.7m
of which Remuneration and social security: +€1.1m
Income statement
- Provisions -€63.8m
down €63.8m, from €33.1m to -€30.7m
- Turnover -€47.8m
down €47.8m (-58.2%), from €82.1m to €34.3m
- Staff costs +€21.2m
up €21.2m (+60.0%), from €35.3m to €56.5m
- Services and other goods -€3.8m
down €3.8m (-31.7%), from €12.0m to €8.2m
- Financial income +€1.6m
up €1.6m (+55.8%), from €2.9m to €4.4m
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.
Result 2024
€1.6m
Turnover
-€47.8m
Other operating income
-€887,834
Services and other goods
+€3.8m
Staff costs
-€21.2m
Depreciation
+€1.4m
Provisions
+€63.8m
Other operating charges
-€52,291
Financial income
+€1.6m
Financial charges
-€1.2m
Taxes
+€521,789
Result 2025
€1.7m
raises the resultlowers the result
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.
From operations
-€35.8m
Investment
+€1.2m
Financing
-€2.9m
Cash 2024
€45.7m
From operations (derived)
-€35.8m
Net result for the year
+€1.7m
Depreciation
+€380,460
Receivables within one year
-€1.3m
Deferred charges and accrued income
+€207,611
Provisions
-€30.7m
Trade debts
-€7.1m
Tax, wage and social debts
+€1.1m
Smaller working-capital items
-€42,460
Investment (derived)
+€1.2m
Investment in fixed assets (net)
+€1.2m
Financing
-€2.9m
Debts after one year
-€3.4m
Current portion of long-term debt
+€424,818
Cash 2025
€8.2m
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €54,925,354 | €16,952,772 | -€38.0m | -69.1% |
| Fixed assets | 21/28 | €3,355,429 | €1,788,721 | -€1.6m | -46.7% |
| Intangible fixed assets | 21 | €13,806 | - | -€13,806 | |
| Tangible fixed assets | 22/27 | €3,341,624 | €1,788,721 | -€1.6m | -46.5% |
| Plant, machinery and equipment | 23 | €3,282,506 | €1,624,146 | -€1.7m | -50.5% |
| Furniture and vehicles | 24 | €1,788 | €123 | -€1,664 | -93.1% |
| Other tangible fixed assets | 26 | - | €139,716 | +€139,716 | |
| Assets under construction and advance payments | 27 | €57,330 | €24,735 | -€32,595 | -56.9% |
| Current assets | 29/58 | €51,569,924 | €15,164,052 | -€36.4m | -70.6% |
| Amounts receivable within one year | 40/41 | €5,313,390 | €6,636,974 | +€1.3m | +24.9% |
| Trade receivables | 40 | €5,085,395 | €5,275,224 | +€189,829 | +3.7% |
| Other amounts receivable | 41 | €227,995 | €1,361,751 | +€1.1m | +497% |
| Cash at bank and in hand | 54/58 | €45,701,003 | €8,179,157 | -€37.5m | -82.1% |
| Deferred charges and accrued income | 490/1 | €555,531 | €347,920 | -€207,611 | -37.4% |
| Total equity and liabilities | 10/49 | €54,925,354 | €16,952,772 | -€38.0m | -69.1% |
| Equity | 10/15 | €5,669,975 | €7,322,061 | +€1.7m | +29.1% |
| Contributions | 10/11 | €70,000 | €70,000 | = | 0.0% |
| Reserves | 13 | €5,599,975 | €7,252,061 | +€1.7m | +29.5% |
| Distributable reserves | 133 | €5,599,975 | €7,252,061 | +€1.7m | +29.5% |
| Provisions and deferred taxes | 16 | €33,219,797 | €2,499,903 | -€30.7m | -92.5% |
| Provisions for liabilities and charges | 160/5 | €33,219,797 | €2,499,903 | -€30.7m | -92.5% |
| Other liabilities and charges | 164/5 | €33,219,797 | €2,499,903 | -€30.7m | -92.5% |
| Amounts payable | 17/49 | €16,035,582 | €7,130,809 | -€8.9m | -55.5% |
| Amounts payable after more than one year | 17 | €3,356,592 | - | -€3.4m | |
| Financial debts | 170/4 | €3,356,592 | - | -€3.4m | |
| Other loans | 174 | €3,356,592 | - | -€3.4m | |
| Amounts payable within one year | 42/48 | €12,659,136 | €7,126,775 | -€5.5m | -43.7% |
| Current portion of amounts payable after more than one year | 42 | - | €424,818 | +€424,818 | |
| Trade debts | 44 | €9,115,468 | €2,036,346 | -€7.1m | -77.7% |
| Suppliers | 440/4 | €9,115,468 | €2,036,346 | -€7.1m | -77.7% |
| Taxes, remuneration and social security | 45 | €3,517,029 | €4,665,611 | +€1.1m | +32.7% |
| Taxes | 450/3 | €32,216 | €76,691 | +€44,474 | +138% |
| Remuneration and social security | 454/9 | €3,484,812 | €4,588,921 | +€1.1m | +31.7% |
| Other amounts payable | 47/48 | €26,639 | - | -€26,639 | |
| Accrued charges and deferred income | 492/3 | €19,854 | €4,034 | -€15,821 | -79.7% |
| Operating income | 70/76A | €85,046,652 | €36,364,820 | -€48.7m | -57.2% |
| Turnover | 70 | €82,080,731 | €34,286,733 | -€47.8m | -58.2% |
| Other operating income | 74 | €2,965,921 | €2,078,087 | -€887,834 | -29.9% |
| Operating charges | 60/66A | €82,238,882 | €34,501,523 | -€47.7m | -58.0% |
| Services and other goods | 61 | €11,953,341 | €8,167,257 | -€3.8m | -31.7% |
| Remuneration, social security and pensions | 62 | €35,318,163 | €56,520,614 | +€21.2m | +60.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,737,057 | €380,460 | -€1.4m | -78.1% |
| Provisions for liabilities and charges: additions (uses and reversals) | 635/8 | €33,129,527 | -€30,719,894 | -€63.8m | |
| Other operating charges | 640/8 | €100,795 | €153,085 | +€52,291 | +51.9% |
| Operating profit (loss) | 9901 | €2,807,770 | €1,863,297 | -€944,473 | -33.6% |
| Financial income | 75/76B | €2,853,213 | €4,445,589 | +€1.6m | +55.8% |
| Recurring financial income | 75 | €2,853,213 | €4,445,589 | +€1.6m | +55.8% |
| Income from current assets | 751 | €494,356 | €663,954 | +€169,598 | +34.3% |
| Other financial income | 752/9 | €2,358,858 | €3,781,636 | +€1.4m | +60.3% |
| Financial charges | 65/66B | €2,904,062 | €4,054,455 | +€1.2m | +39.6% |
| Recurring financial charges | 65 | €2,904,062 | €4,054,455 | +€1.2m | +39.6% |
| Debt charges | 650 | €487,500 | €371,328 | -€116,172 | -23.8% |
| Other financial charges | 652/9 | €2,416,562 | €3,683,127 | +€1.3m | +52.4% |
| Profit (loss) for the period before taxes | 9903 | €2,756,922 | €2,254,432 | -€502,490 | -18.2% |
| Income taxes | 67/77 | €1,124,135 | €602,346 | -€521,789 | -46.4% |
| Taxes | 670/3 | €1,124,135 | €602,346 | -€521,789 | -46.4% |
| Profit (loss) for the period | 9904 | €1,632,786 | €1,652,086 | +€19,299 | +1.2% |
| Profit (loss) for the period to be appropriated | 9905 | €1,632,786 | €1,652,086 | +€19,299 | +1.2% |
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 13 October 2026 via checked.be.