SEMTECH HVACR: 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.
SEMTECH HVACR
Largest movements
- Receivables after one year +€66,000
up €66,000 (+843.9%), from €7,821 to €73,821
- Cash -€47,188
down €47,188 (-94.0%), from €50,188 to €3,000
mainly Receivables after one year (-€66,000) and Investment in fixed assets (net) (-€10,173)
- Receivables within one year -€23,972
down €23,972 (-73.1%), from €32,797 to €8,825
of which Trade receivables: -€23,541
- Financial fixed assets +€10,173
up €10,173 (+1709.8%), from €595 to €10,768
- Profit (loss) carried forward +€3,501
up €3,501 (+66.7%), from €5,250 to €8,750
- Tax, wage and social debts +€1,512
new in 2025: €1,512
- Gross operating margin +€36,294
up €36,294, from -€32,705 to €3,589
- Other operating charges -€781
down €781 (-86.2%), from €906 to €125
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.
Cash bridge derived
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €91,401 | €96,414 | +€5,013 | +5.5% |
| Fixed assets | 21/28 | €595 | €10,768 | +€10,173 | +1709.8% |
| Financial fixed assets | 28 | €595 | €10,768 | +€10,173 | +1709.8% |
| Current assets | 29/58 | €90,806 | €85,646 | -€5,160 | -5.7% |
| Amounts receivable after more than one year | 29 | €7,821 | €73,821 | +€66,000 | +843.9% |
| Other amounts receivable | 291 | €7,821 | €73,821 | +€66,000 | +843.9% |
| Amounts receivable within one year | 40/41 | €32,797 | €8,825 | -€23,972 | -73.1% |
| Trade receivables | 40 | €32,254 | €8,713 | -€23,541 | -73.0% |
| Other amounts receivable | 41 | €543 | €112 | -€431 | -79.4% |
| Cash at bank and in hand | 54/58 | €50,188 | €3,000 | -€47,188 | -94.0% |
| Total equity and liabilities | 10/49 | €91,401 | €96,414 | +€5,013 | +5.5% |
| Equity | 10/15 | €91,401 | €94,902 | +€3,501 | +3.8% |
| Contributions | 10/11 | €12,400 | €12,400 | = | 0.0% |
| Reserves | 13 | €73,751 | €73,751 | = | 0.0% |
| Distributable reserves | 133 | €73,751 | €73,751 | = | 0.0% |
| Profit (loss) carried forward | 14 | €5,250 | €8,750 | +€3,501 | +66.7% |
| Amounts payable | 17/49 | - | €1,512 | +€1,512 | |
| Amounts payable within one year | 42/48 | - | €1,512 | +€1,512 | |
| Taxes, remuneration and social security | 45 | - | €1,512 | +€1,512 | |
| Taxes | 450/3 | - | €1,512 | +€1,512 | |
| Other operating charges | 640/8 | €906 | €125 | -€781 | -86.2% |
| Gross operating margin | 9900 | -€32,705 | €3,589 | +€36,294 | |
| Operating profit (loss) | 9901 | -€33,611 | €3,464 | +€37,075 | |
| Financial income | 75/76B | €0 | €69 | +€69 | +31395.5% |
| Recurring financial income | 75 | €0 | €69 | +€69 | +31395.5% |
| Financial charges | 65/66B | €41 | €33 | -€8 | -20.6% |
| Recurring financial charges | 65 | €41 | €33 | -€8 | -20.6% |
| Profit (loss) for the period before taxes | 9903 | -€33,652 | €3,501 | +€37,153 | |
| Profit (loss) for the period | 9904 | -€33,652 | €3,501 | +€37,153 | |
| Profit (loss) for the period to be appropriated | 9905 | -€33,652 | €3,501 | +€37,153 |
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 12 October 2026 via checked.be.