View Future GrowthSoftimat 과거 순이익 실적과거 기준 점검 2/6Softimat의 수입은 연평균 -72.7%의 비율로 감소해 온 반면, Real Estate 산업은 수입이 연평균 40.5% 감소했습니다. 매출은 연평균 16.2%의 비율로 증가해 왔습니다. Softimat의 자기자본이익률은 13.3%이고 순이익률은 37.3%입니다.핵심 정보-72.69%순이익 성장률-71.57%주당순이익(EPS) 성장률Real Estate 산업 성장률13.36%매출 성장률16.17%자기자본이익률13.29%순이익률37.27%최근 순이익 업데이트31 Dec 2025최근 과거 실적 업데이트분석 기사 • May 01Statutory Profit Doesn't Reflect How Good Softimat's (EBR:SOFT) Earnings AreSoftimat S.A. ( EBR:SOFT ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...공시 • Oct 30Softimat S.A. to Report First Half, 2025 Results on Oct 30, 2025Softimat S.A. announced that they will report first half, 2025 results on Oct 30, 2025Reported Earnings • Apr 29Full year 2023 earnings released: €0.12 loss per share (vs €0.12 loss in FY 2022)Full year 2023 results: €0.12 loss per share. Revenue: €1.24m (up 72% from FY 2022). Net loss: €359.0k (loss narrowed 17% from FY 2022).모든 업데이트 보기Recent updates분석 기사 • May 01Statutory Profit Doesn't Reflect How Good Softimat's (EBR:SOFT) Earnings AreSoftimat S.A. ( EBR:SOFT ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...New Risk • Apr 26New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue has declined by 13% over the past year. Revenue is less than US$1m (€738k revenue, or US$865k). Market cap is less than US$10m (€2.62m market cap, or US$3.06m).New Risk • Jan 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 13% over the past year. Revenue is less than US$1m (€738k revenue, or US$864k). Market cap is less than US$10m (€3.43m market cap, or US$4.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end).New Risk • Nov 11New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m (€738k revenue, or US$854k). Market cap is less than US$10m (€3.09m market cap, or US$3.58m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end).공시 • Oct 30Softimat S.A. to Report First Half, 2025 Results on Oct 30, 2025Softimat S.A. announced that they will report first half, 2025 results on Oct 30, 2025Upcoming Dividend • May 26Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Trailing yield: 50%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (4.6%).New Risk • May 06New major risk - Revenue and earnings growthEarnings have declined by 72% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (€6.39m market cap, or US$7.23m). Minor Risk Revenue is less than US$5m (€1.1m revenue, or US$1.2m).New Risk • May 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (€849k revenue, or US$960k). Market cap is less than US$10m (€6.33m market cap, or US$7.16m).공시 • Apr 28Softimat S.A., Annual General Meeting, May 27, 2025Softimat S.A., Annual General Meeting, May 27, 2025, at 16:30 Romance Standard Time.New Risk • Apr 27New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (€849k revenue, or US$965k). Market cap is less than US$10m (€3.01m market cap, or US$3.42m).New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€849k revenue, or US$913k). Market cap is less than US$10m (€2.79m market cap, or US$3.00m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (6.6% average weekly change).New Risk • Nov 11New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (€849k revenue, or US$905k). Market cap is less than US$10m (€3.50m market cap, or US$3.73m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (4.9% average weekly change).Reported Earnings • Apr 29Full year 2023 earnings released: €0.12 loss per share (vs €0.12 loss in FY 2022)Full year 2023 results: €0.12 loss per share. Revenue: €1.24m (up 72% from FY 2022). Net loss: €359.0k (loss narrowed 17% from FY 2022).New Risk • Dec 31New major risk - Revenue and earnings growthRevenue has declined by 1.5% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 1.5% over the past year. Revenue is less than US$1m (€718k revenue, or US$793k). Market cap is less than US$10m (€4.34m market cap, or US$4.79m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Dec 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (€718k revenue, or US$775k). Market cap is less than US$10m (€5.96m market cap, or US$6.44m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.New Risk • Nov 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€718k revenue, or US$767k). Market cap is less than US$10m (€5.40m market cap, or US$5.77m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change).New Risk • Jul 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 27% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue is less than US$1m (€718k revenue, or US$807k). Market cap is less than US$10m (€7.10m market cap, or US$7.97m).New Risk • Jul 01New major risk - Revenue and earnings growthRevenue has declined by 2.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue has declined by 2.7% over the past year. Revenue is less than US$1m (€728k revenue, or US$794k). Market cap is less than US$10m (€7.04m market cap, or US$7.68m). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.Upcoming Dividend • May 29Upcoming dividend of €0.50 per share at 22% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Trailing yield: 22%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (4.1%).Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.Is New 90 Day High Low • Dec 07New 90-day high: €2.68The company is up 15% from its price of €2.34 on 08 September 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period.Is New 90 Day High Low • Nov 12New 90-day low: €2.24The company is down 50% from its price of €4.50 on 14 August 2020. The Belgian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.매출 및 비용 세부 내역Softimat가 돈을 벌고 사용하는 방법. 최근 발표된 LTM 실적 기준.순이익 및 매출 추이ENXTBR:SOFT 매출, 비용 및 순이익 (EUR Millions)날짜매출순이익일반관리비연구개발비31 Dec 25211031 Dec 24101030 Sep 24101030 Jun 24101031 Mar 24101031 Dec 23101030 Sep 23101030 Jun 23101031 Mar 23101031 Dec 22101030 Sep 22101030 Jun 22101031 Mar 22101031 Dec 21101030 Sep 21101030 Jun 21101031 Mar 21151031 Dec 201111030 Sep 201111030 Jun 202111031 Mar 20261031 Dec 19201030 Sep 19201030 Jun 19201031 Mar 19201031 Dec 18201030 Sep 181-11030 Jun 181-11031 Mar 181-11031 Dec 171-11030 Sep 171-11030 Jun 171-11031 Mar 171-11031 Dec 161-11030 Sep 161-11030 Jun 16101031 Mar 16101031 Dec 15101030 Sep 15201030 Jun 152110양질의 수익: SOFT는 고품질 수익을 보유하고 있습니다.이익 마진 증가: SOFT는 과거에 흑자전환했습니다.잉여현금흐름 대비 순이익 분석과거 순이익 성장 분석수익추이: SOFT의 수익은 지난 5년 동안 연평균 72.7% 감소했습니다.성장 가속화: SOFT는 지난해 흑자전환하여 5년 평균과 수익 성장률을 비교하기 어렵습니다.수익 대 산업: SOFT는 지난해 흑자전환하여 지난 해 수익 성장률을 Real Estate 업계(-20.8%)와 비교하기 어렵습니다.자기자본이익률높은 ROE: SOFT의 자본 수익률(13.3%)은 낮음으로 평가됩니다.총자산이익률투하자본수익률우수한 과거 실적 기업을 찾아보세요7D1Y7D1Y7D1YReal-estate-management-and-development 산업에서 과거 실적이 우수한 기업.View Financial Health기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/06/03 12:25종가2026/06/03 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Softimat S.A.는 0명의 분석가가 다루고 있습니다. 이 중 0명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.
분석 기사 • May 01Statutory Profit Doesn't Reflect How Good Softimat's (EBR:SOFT) Earnings AreSoftimat S.A. ( EBR:SOFT ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
공시 • Oct 30Softimat S.A. to Report First Half, 2025 Results on Oct 30, 2025Softimat S.A. announced that they will report first half, 2025 results on Oct 30, 2025
Reported Earnings • Apr 29Full year 2023 earnings released: €0.12 loss per share (vs €0.12 loss in FY 2022)Full year 2023 results: €0.12 loss per share. Revenue: €1.24m (up 72% from FY 2022). Net loss: €359.0k (loss narrowed 17% from FY 2022).
분석 기사 • May 01Statutory Profit Doesn't Reflect How Good Softimat's (EBR:SOFT) Earnings AreSoftimat S.A. ( EBR:SOFT ) just reported healthy earnings but the stock price didn't move much. Our analysis suggests...
New Risk • Apr 26New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2024. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2024 fiscal period end). Share price has been highly volatile over the past 3 months (13% average weekly change). Revenue has declined by 13% over the past year. Revenue is less than US$1m (€738k revenue, or US$865k). Market cap is less than US$10m (€2.62m market cap, or US$3.06m).
New Risk • Jan 21New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 10% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (10% average weekly change). Revenue has declined by 13% over the past year. Revenue is less than US$1m (€738k revenue, or US$864k). Market cap is less than US$10m (€3.43m market cap, or US$4.01m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end).
New Risk • Nov 11New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 71% per year over the past 5 years. Revenue is less than US$1m (€738k revenue, or US$854k). Market cap is less than US$10m (€3.09m market cap, or US$3.58m). Minor Risk Latest financial reports are more than 6 months old (reported December 2024 fiscal period end).
공시 • Oct 30Softimat S.A. to Report First Half, 2025 Results on Oct 30, 2025Softimat S.A. announced that they will report first half, 2025 results on Oct 30, 2025
Upcoming Dividend • May 26Upcoming dividend of €0.25 per shareEligible shareholders must have bought the stock before 02 June 2025. Payment date: 04 June 2025. Trailing yield: 50%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (4.6%).
New Risk • May 06New major risk - Revenue and earnings growthEarnings have declined by 72% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (19% average weekly change). Earnings have declined by 72% per year over the past 5 years. Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Market cap is less than US$10m (€6.39m market cap, or US$7.23m). Minor Risk Revenue is less than US$5m (€1.1m revenue, or US$1.2m).
New Risk • May 04New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (19% average weekly change). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Revenue is less than US$1m (€849k revenue, or US$960k). Market cap is less than US$10m (€6.33m market cap, or US$7.16m).
공시 • Apr 28Softimat S.A., Annual General Meeting, May 27, 2025Softimat S.A., Annual General Meeting, May 27, 2025, at 16:30 Romance Standard Time.
New Risk • Apr 27New major risk - Financial data availabilityThe company's latest financial reports are more than a year old. Last reported fiscal period ended December 2023. This is considered a major risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. In the worst case scenario, it may be facing other major going concern issues jeopardizing its viability as a listed company. Currently, the following risks have been identified for the company: Major Risks Latest financial reports are more than 1 year old (reported December 2023 fiscal period end). Share price has been highly volatile over the past 3 months (17% average weekly change). Revenue is less than US$1m (€849k revenue, or US$965k). Market cap is less than US$10m (€3.01m market cap, or US$3.42m).
New Risk • Mar 27New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Belgian stocks, typically moving 6.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€849k revenue, or US$913k). Market cap is less than US$10m (€2.79m market cap, or US$3.00m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (6.6% average weekly change).
New Risk • Nov 11New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 33% per year over the past 5 years. Revenue is less than US$1m (€849k revenue, or US$905k). Market cap is less than US$10m (€3.50m market cap, or US$3.73m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (4.9% average weekly change).
Reported Earnings • Apr 29Full year 2023 earnings released: €0.12 loss per share (vs €0.12 loss in FY 2022)Full year 2023 results: €0.12 loss per share. Revenue: €1.24m (up 72% from FY 2022). Net loss: €359.0k (loss narrowed 17% from FY 2022).
New Risk • Dec 31New major risk - Revenue and earnings growthRevenue has declined by 1.5% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). Revenue has declined by 1.5% over the past year. Revenue is less than US$1m (€718k revenue, or US$793k). Market cap is less than US$10m (€4.34m market cap, or US$4.79m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Dec 07New major risk - Share price stabilityThe company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Belgian stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (€718k revenue, or US$775k). Market cap is less than US$10m (€5.96m market cap, or US$6.44m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
New Risk • Nov 13New minor risk - Financial data availabilityThe company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (€718k revenue, or US$767k). Market cap is less than US$10m (€5.40m market cap, or US$5.77m). Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.9% average weekly change).
New Risk • Jul 14New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. The company is paying a dividend despite being loss-making. The company is paying a dividend despite having no free cash flows. Dividend yield: 27% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Dividend is not well covered by earnings and cash flows. Paying a dividend despite being loss-making. Paying a dividend despite having no free cash flows. Revenue is less than US$1m (€718k revenue, or US$807k). Market cap is less than US$10m (€7.10m market cap, or US$7.97m).
New Risk • Jul 01New major risk - Revenue and earnings growthRevenue has declined by 2.7% over the past year. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If revenues are declining, then it is difficult for the company to prevent its earnings from declining as well. A trend of falling revenue can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue has declined by 2.7% over the past year. Revenue is less than US$1m (€728k revenue, or US$794k). Market cap is less than US$10m (€7.04m market cap, or US$7.68m). Minor Risks Latest financial reports are more than 6 months old (reported June 2022 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past.
Upcoming Dividend • May 29Upcoming dividend of €0.50 per share at 22% yieldEligible shareholders must have bought the stock before 05 June 2023. Payment date: 07 June 2023. Trailing yield: 22%. Within top quartile of Belgian dividend payers (6.7%). Higher than average of industry peers (4.1%).
Board Change • Nov 16Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Board Change • Apr 27Less than half of directors are independentNo new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment.
Is New 90 Day High Low • Dec 07New 90-day high: €2.68The company is up 15% from its price of €2.34 on 08 September 2020. The Belgian market is up 10.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Real Estate industry, which is down 5.0% over the same period.
Is New 90 Day High Low • Nov 12New 90-day low: €2.24The company is down 50% from its price of €4.50 on 14 August 2020. The Belgian market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Real Estate industry, which is up 4.0% over the same period.