Leuven, Belgium – 29 April 2026 – 5:30 PM CET, Option NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)
KEY POINTS 2025
- 90 k€ EBITDA in 2H vs minus 330k in 1H
- Recovery of operating results
- Restoration of equity
- New & upgraded CloudGate-productline
- Evaluating integration projects in EMS
- Evaluating engineering opportunities in defense
|
In thousands of EUR (*) |
2025 |
2024 |
|
Revenue |
9 227 |
9 954 |
|
EBITDA |
(240 ) |
(122) |
|
Operating profit |
(904 ) |
(942) |
|
Profit (Loss) from discontinued operations |
(482 ) |
(1 299 ) |
|
Net profit |
(1 954 ) |
(3 015 ) |
(*) based on comparable results in 2024 excluding Remoticom and 2invision
Thanks to the sale of 51% of the loss-making Remoticom in August 2025, operating results were restored, with a positive contribution to EBITDA of €90,000 even in the second half of the year. Had it not been for supply chain issues during the second half of the year, caused in particular by the reorganisation at the assembly partner, which meant that orders worth approximately €700,000 could no longer be delivered in 2025, turnover and profitability in the second half of the year would have been higher.
- Strengthening the balance sheet
|
In thousands of EUR |
2025 |
2024 |
|
Total equity |
681 |
(1 145 ) |
|
Current assets |
3 315 |
4 912 |
|
Non-current assets |
6 260 |
9 422 |
|
of which Goodwill |
2 929 |
4 443 |
|
Net financial debt (1) |
900 |
2 372 |
|
Net working capital (2) |
(1 580 ) |
(2 646 ) |
(1) Net financial debt comprises financial debt less cash and cash equivalents, excluding other liabilities to related parties.
(2) Net working capital was calculated as the sum of inventories, trade and other receivables, and trade and other payables included in current liabilities.
In 2025, equity was restored to its previous level and net financial debt was significantly reduced thanks to a capital injection of €3,784,000 on 30 December 2025 via a contribution in kind of a receivable from our reference shareholder, Van Zele Holding NV, which also enabled the repayment of bank debts amounting to €1,500,000.
- Option is back: back to our core business
The year 2025 will be marked by the decision to focus on our core competencies in connectivity. Option is recognised in the market for its technological excellence in the development of IoT gateways. This will be confirmed this year with the launch in June of two new product lines, the CloudGate Nexus and the CloudGate Probe, which have already been received with great enthusiasm by existing and potential customers.
Option aims to capitalise on this technical leadership to achieve international market leadership.
- Outlook
We expect to achieve robust revenue growth in the first half of 2026 thanks to the substantial order backlog at the end of 2025, and even more so in the second half of the year following the launch of the new CloudGate product line. We also anticipate an additional contribution from previously announced IoT projects in energy management and defence engineering activities.
- Notice of the Annual General Meeting on May 29, 2026
All documentation regarding the Annual General Meeting on 29 May 2026 is available on the website: www.option.com/investor-relations-2 (shareholders’ meetings)
For the Dutch version, click here!
CONTACT
Erwin Laureys
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.option.com