Leuven, Belgium – 17 September 2026 – 6:30 PM CET, Option NV, Geldenaaksebaan 329, 3001 Heverlee (Euronext Brussels: OPTI)
KEY POINTS 1 H 2026
- Consolidated revenue growth of 9%
- Growth in sales of IoT products (Cloudgate and sensors) of over 50%
- Positive EBITDA of €34k in 1H 2026 compared with a loss of €330k in 1H 2025
- The refocus on core IoT activities is reflected in the recovery of results
- Production of the new Cloudgate was started in the US, with sales expected in the final quarter
- The Option IoT business unit is expected to maintain its revenue growth of over 50% in the second half of the year
The Board of Directors has decided to carry out a capital increase of approximately €2 million at €5 per share which will be subscribed by reference shareholders. The aim of this capital increase is to support our growth and strengthen the balance sheet.
Results for the first half of 2026
|
In thousand EUR |
H1 2026 |
H1 2025
|
|
Revenues |
4 698 |
4 310 |
|
EBITDA |
34 |
( 330 ) |
|
Operating profit |
(332) |
( 774 ) |
|
Profit before taxes |
(509) |
(983) |
|
Profit (Loss) from discontinued operations (Remoticom) |
– |
(608) |
|
Net Profit |
(509) |
(1 584) |
The results show significant progress in both revenue growth and profitability.
Turnover rose by 9 % from €4.3 million in the first half of 2025 to €4.7 million in the first half of 2026, and, as in the second half of 2025, a positive EBITDA of €k 34 was recorded.
The turnover and EBITDA of the three entities in the first half of the year were as follows:
|
In thousand EUR |
H1 2026 |
H1 2025
|
|
Revenues |
4 698 |
4 310 |
|
Option |
1 836 |
1 207 |
|
SAIT |
1 334 |
1 273 |
|
Innolumis |
1 528 |
1 830 |
|
|
|
|
|
EBITDA |
34 |
(330) |
|
Option |
(5) |
(364) |
|
SAIT |
109 |
276 |
|
Innolumis |
237 |
278 |
|
Group costs |
(307) |
(520) |
Option : Option’s turnover rose by 52 % compared with the first half of 2025, mainly thanks to continued strong sales of the existing Cloudgate product range. This demonstrates that the refocus on the core IoT activities is beginning to bear fruit, with existing customers increasing their purchases and former customers being won back. EBITDA improved significantly, resulting in a positive figure.
SAIT: Turnover has risen by almost 5 % , albeit with lower profitability, as the more profitable projects are expected in the second half of the year; profitability is therefore expected to rise again in the second half of the year
Innolumis : Turnover fell by 16 % due to lower sales of light fittings, although this had no significant impact on EBITDA as the prices of the realized sales were favourable. Expected turnover and profit for the second half of the year are in line with expectations.
BALANCE SHEET 1H 2026
|
In thousand EUR |
30/06/26 |
31/12/25 |
|
Total Equity |
169 |
681 |
|
Net financial debt* |
948 |
900 |
|
Net working capital |
(785) |
(1 580) |
* exclusive financial debt to related parties
Total financial debt to related parties (the majority of which is owed to Van Zele Holding NV) amounts to k€ 3,135 and increased by k€ 1,543 in the first half of 2026
OUTLOOK
It is expected that, in the second half of the year, the Option IoT division in particular will contribute to further growth in turnover and profitability, thanks to the sales outlook for the new products, the Cloudgate Nexus and the Cloudgate Probe. Production of the Cloudgate Nexus was started in the US in September 2026, with the first sales expected in the final quarter. The US market is expected to make a significant contribution to the turnover in the short term. The Option IoT business unit is expected to maintain its turnover growth of at least 50 per cent.
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CONTACT
Erwin Laureys
Geldenaaksebaan 329
B-3001 Leuven, Belgium
TEL: +32 (0) 16 31 74 11
E-mail: investor@option.com
www.option.com