Viscom (V6C) Q4 2025 earnings summary

Executive summary

• Order intake increased by 7.9% to €80.98M in 2025, confirming the sales strategy's viability despite weak market conditions and subdued demand in key markets.

• Revenue declined by 2.8% to €81.71M in 2025, within the forecast range, with notable weakness in automotive and battery inspection.

• EBIT improved significantly from -€11.82M in 2024 to -€1.82M in 2025, though it remained below the forecast range due to higher material costs and provisions.

• Net loss narrowed to -€5.63M in 2025 from -€9.63M in 2024.

• Positive business development in the USA and Asia, with strategic focus on battery business and efficiency in core operations.

Financial highlights

• EBIT margin improved from -14.1% in 2024 to -2.2% in 2025.

• Earnings per share improved to €-0.61 from €-1.06 year-over-year.

• Cash position at year-end 2025 was €3.91M, down from €5.53M in 2024.

• Cash flow from operations was -€1.94M in 2025, down from €25.14M in 2024.

• Equity ratio decreased to 48.6% from 53.6% year-over-year.

Outlook and guidance

• 2026 guidance: order intake and revenue expected between €80M and €90M, EBIT between €1.6M and €4.5M, EBIT margin 2–5%.

• Focus for 2026 will be on consolidation, efficiency improvements, and strategic development amid ongoing market uncertainty.