SEMTIX: what changed
Two fiscal 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.
SEMTIX
Largest movements
- Tangible fixed assets -€10,192
down €10,192 (-6.7%), from €152,880 to €142,688
- Cash -€5,707
down €5,707 (-26.0%), from €21,966 to €16,259
mainly Debts after one year (-€12,631) and Receivables within one year (-€5,606)
- Receivables within one year +€5,606
up €5,606 (+274.8%), from €2,040 to €7,646
of which Trade receivables: +€6,356
- Debts after one year -€12,631
down €12,631 (-9.2%), from €136,805 to €124,175
- Reserves +€3,348
up €3,348 (+180.0%), from €1,860 to €5,208
- Taxes +€795
up €795 (+172.9%), from €460 to €1,255
- Gross operating margin +€513
up €513 (+2.5%), from €20,288 to €20,801
- Financial charges -€239
down €239 (-3.9%), from €6,124 to €5,886
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 | €176,957 | €166,664 | -€10,293 | -5.8% |
| Fixed assets | 21/28 | €152,880 | €142,688 | -€10,192 | -6.7% |
| Tangible fixed assets | 22/27 | €152,880 | €142,688 | -€10,192 | -6.7% |
| Land and buildings | 22 | €152,880 | €142,688 | -€10,192 | -6.7% |
| Current assets | 29/58 | €24,077 | €23,976 | -€101 | -0.4% |
| Amounts receivable within one year | 40/41 | €2,040 | €7,646 | +€5,606 | +274.8% |
| Trade receivables | 40 | €0 | €6,356 | +€6,356 | |
| Other amounts receivable | 41 | €2,040 | €1,290 | -€750 | -36.8% |
| Cash at bank and in hand | 54/58 | €21,966 | €16,259 | -€5,707 | -26.0% |
| Deferred charges and accrued income | 490/1 | €71 | €71 | = | 0.0% |
| Total equity and liabilities | 10/49 | €176,957 | €166,664 | -€10,293 | -5.8% |
| Equity | 10/15 | €21,111 | €24,459 | +€3,348 | +15.9% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €1,860 | €5,208 | +€3,348 | +180.0% |
| Distributable reserves | 133 | €1,860 | €5,208 | +€3,348 | +180.0% |
| Profit (loss) carried forward | 14 | €651 | €651 | = | 0.0% |
| Amounts payable | 17/49 | €155,846 | €142,205 | -€13,640 | -8.8% |
| Amounts payable after more than one year | 17 | €136,805 | €124,175 | -€12,631 | -9.2% |
| Financial debts | 170/4 | €136,805 | €124,175 | -€12,631 | -9.2% |
| Amounts payable within one year | 42/48 | €17,540 | €18,031 | +€490 | +2.8% |
| Current portion of amounts payable after more than one year | 42 | €17,540 | €18,031 | +€490 | +2.8% |
| Trade debts | 44 | €0 | - | = | |
| Suppliers | 440/4 | €0 | - | = | |
| Accrued charges and deferred income | 492/3 | €1,500 | €0 | -€1,500 | -100.0% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €10,192 | €10,192 | = | 0.0% |
| Other operating charges | 640/8 | €0 | €120 | +€120 | |
| Gross operating margin | 9900 | €20,288 | €20,801 | +€513 | +2.5% |
| Operating profit (loss) | 9901 | €10,096 | €10,489 | +€393 | +3.9% |
| Financial charges | 65/66B | €6,124 | €5,886 | -€239 | -3.9% |
| Recurring financial charges | 65 | €6,124 | €5,886 | -€239 | -3.9% |
| Profit (loss) for the period before taxes | 9903 | €3,971 | €4,603 | +€632 | +15.9% |
| Income taxes | 67/77 | €460 | €1,255 | +€795 | +172.9% |
| Profit (loss) for the period | 9904 | €3,511 | €3,348 | -€164 | -4.7% |
| Profit (loss) for the period to be appropriated | 9905 | €3,511 | €3,348 | -€164 | -4.7% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 8 October 2026 via checked.be.