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Automatic Systems

Active Public limited companyfounded 1969active for 57 yearsAvenue Mercator 5, 1300 WavreKBO/BCE: BE 0406.762.669 subsidiary of BOLLORE#2 employer in Walloon Brabant, Wholesale trade sector

Annual accounts 2025

full format, filed on 24-07-2026, 7 days before the deadline
€60.3m
▼ 6.9%
-€2.6m
▲ €90,508
-€1.8m
▲ €483,746
-€1.2m
▼ €1.8m
2.9%
▼ 5.3 percentage points
0.83
▲ 0.02

Money flows

of every €100 of turnover, €3.31 was lost in 2025

Balance sheet

balance sheet total €56.2m on 31-12-2025
What the company ownsHow it is paid for

in €m

in €m

Position in the sector

2.9%

Higher than 9% of 6,192 companies in 2025.

0.83

Higher than 9% of 6,112 companies in 2025.

-3.5%

Higher than 15% of 6,176 companies in 2025.

Automatic Systems Middle half of the sector 80% of the sector Full accounts in wholesale trade (NACE 46)

Net result: bottom quarter · Equity: middle half · Balance sheet total: top quarter · Working capital: bottom quarter · Staff: top quarter

Staff

Men and women14% women

194.7 men and 32.6 women in full-time equivalents in 2025.

€88,026

Men €84,444, women €109,419 per full-time equivalent. Jobs differ, so this is not a pay gap.

level

people who joined people who left

In 2025, 61 people joined and 61 left. Training hours in 2025: 2,689. Agency workers: 35.2 on average.

Filed annual accounts

as filed with the National Bank, click a year to choose it
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
Balance sheet: assets
20/58 56.2m44.3m47.2m37.8m33.2m32.9m36.1m38.3m39.8m34.8m27.1m23.2m26.0m24.2m24.5m21.3m19.7m19.5m
21/28 13.7m12.8m10.5m7.7m6.8m6.7m8.4m14.7m13.4m13.0m10.6m-9.3m7.8m-6.0m5.9m5.1m
21 8.1m5.7m3.6m2.4m803,46246,168156,477206,994166,01578,86642,66445,10945,22724,11531,71955,33437,01211,541
22/27 1.7m1.8m2.0m2.2m2.2m2.2m2.4m2.6m1.9m1.5m1.4m1.3m1.3m1.2m1.2m1.1m1.2m1.4m
22 1.3m1.3m1.4m1.4m1.3m1.3m1.4m1.3m1.1m876,695908,358939,627974,5121.0m1.1m1.1m1.2m1.3m
23 107,907157,668183,316246,207286,933349,932369,908384,649287,844118,224126,34079,64590,413112,681128,50326,59320,07338,572
24 243,152222,456281,317439,735484,523363,565416,590488,702292,227176,634173,366188,672203,30379,29533,41518,01528,55152,481
26 121,66596,019123,723116,493123,577175,857258,745313,29854,5968,456-3,4135,644---8312,230
27 ------21,95074,760176,578278,046153,90169,600------
28 3.8m5.2m5.0m3.1m3.8m4.5m5.8m11.9m11.3m11.5m9.2m7.4m8.0m6.6m5.2m4.8m4.6m3.7m
280/1 3.7m5.1m4.9m3.0m3.7m4.4m5.8m11.9m11.3m11.5m9.2m7.4m8.0m6.6m5.2m4.8m4.6m3.7m
280 3.7m5.1m4.9m3.0m3.7m4.4m5.8m11.9m11.3m11.5m9.2m7.4m8.0m6.6m5.2m4.8m4.6m3.7m
284/8 123,524117,896105,13188,68160,42859,26152,45338,57337,37337,37338,2407,4065,906646646646646646
285/8 123,524117,896105,13188,68160,42859,26152,45338,57337,37337,37338,2407,4065,906646646646646646
29/58 42.5m31.6m36.7m30.1m26.4m26.2m27.7m23.6m26.4m21.8m16.5m14.5m16.6m16.3m18.0m15.3m13.7m14.4m
3 12.0m12.2m15.8m13.2m11.0m8.4m8.0m8.8m8.3m6.4m5.1m4.5m5.2m5.6m5.3m5.9m4.9m5.0m
30/36 11.5m9.2m13.4m10.0m7.6m6.8m6.1m6.7m5.3m4.7m4.1m3.5m3.6m4.0m3.6m4.1m3.7m4.1m
30/31 9.6m8.9m13.0m9.5m7.4m6.5m5.9m6.4m5.0m4.6m4.0m3.4m3.3m3.8m3.4m3.7m3.3m3.8m
33 1.9m291,976429,514561,579197,702340,432238,707315,626268,064148,31271,482107,989220,597261,890199,367332,093391,761259,175
37 531,2193.0m2.4m3.2m3.5m1.5m1.9m2.1m3.0m1.7m1.0m990,4871.6m1.6m1.6m1.8m1.1m949,635
40/41 30.0m18.2m19.6m15.4m14.6m13.5m16.0m13.8m15.5m13.9m9.8m8.4m11.0m9.1m11.3m9.0m8.5m9.1m
40 24.4m13.6m15.9m11.4m11.9m11.5m15.3m12.6m14.0m12.5m8.2m7.3m9.8m6.7m7.8m8.8m7.4m7.7m
41 5.6m4.7m3.7m4.0m2.7m2.0m687,9751.2m1.5m1.4m1.6m1.2m1.3m2.4m3.4m135,2291.1m1.5m
54/58 107,169752,1961.1m1.0m536,9914.0m3.1m702,7442.3m1.2m1.3m1.3m173,8361.4m1.4m353,905285,986208,309
490/1 372,247399,045241,628494,178224,377233,905535,326313,110340,749285,375213,955260,882242,921232,338144,771113,79489,42389,545
Balance sheet: equity and liabilities
10/49 56.2m44.3m47.2m37.8m33.2m32.9m36.1m38.3m39.8m34.8m27.1m23.2m26.0m24.2m24.5m21.3m19.7m19.5m
10/15 1.6m3.6m4.5m7.0m6.6m5.8m5.6m3.3m3.2m4.5m4.3m4.1m4.4m4.7m5.1m4.4m3.0m3.3m
10/11 1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m-1.0m1.0m-1.0m1.0m1.0m
10 1.0m1.0m1.0m1.0m1.0m------1.0m--1.0m---
100 1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m1.0m
12 768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874768,874
13 174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789174,789175,423
130/1 134,606134,606134,606134,606134,606134,606------------
130 134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606134,606
132 27,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76427,76428,398
133 12,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,41912,419
14 -301,2831.7m2.5m5.1m4.6m3.9m3.7m1.4m1.3m2.6m2.4m2.2m2.4m2.8m3.2m2.4m1.1m1.4m
15 ----------0-2,5725,1467,72010,29412,86814,385
16 1.7m1.4m1.3m1.7m1.4m2.4m2.3m2.2m2.8m2.9m1.7m1.2m1.5m1.3m1.5m1.4m2.2m2.5m
160/5 1.7m1.4m1.3m1.7m1.4m2.4m2.3m2.2m2.8m2.9m1.7m1.2m1.5m1.3m1.5m1.4m2.2m2.5m
160 -------4,82319,53834,08851,21272,21258,15361,15377,15388,153141,28755,666
164/5 1.7m1.4m1.3m1.7m1.4m2.4m2.3m2.2m2.8m2.9m1.6m-1.4m1.2m-1.3m2.1m2.4m
168 ------------1,3252,6513,9775,3036,6297,816
17/49 52.9m39.3m41.4m29.0m25.2m24.7m28.2m32.7m33.7m27.3m21.1m17.9m20.1m18.2m17.9m15.5m14.4m13.7m
42/48 51.5m39.0m40.8m28.7m25.0m24.3m28.0m32.6m33.6m26.7m20.6m17.4m18.2m15.7m16.5m14.2m13.1m13.6m
42 -----------------1,753
43 4.4m2.9m2.9m2.9m3.7m3.1m2.9m4.4m3.6m3.6m3.5m3.5m2.4m-700,0001.2m2.9m3.7m
430/8 4.4m2.9m2.9m2.9m3.7m3.1m2.9m4.4m3.6m3.6m3.5m3.5m2.4m-700,0001.2m2.9m3.7m
44 12.8m10.2m13.4m10.7m12.4m9.4m11.6m9.6m12.0m9.0m7.9m7.3m7.8m7.4m7.4m8.1m6.1m6.0m
440/4 12.8m10.2m13.4m10.7m12.4m9.4m11.6m9.6m12.0m9.0m7.9m7.0m7.5m7.2m7.2m8.0m6.0m5.9m
441 -----------224,872258,592211,987248,30289,43161,38689,528
46 1.1m727,425765,582884,575616,341564,0641.2m1.8m1.3m2.0m293,270430,871206,700813,464404,464491,875305,263527,446
45 3.9m3.8m3.8m3.6m3.2m3.4m3.5m3.2m2.9m2.9m2.8m1.9m2.2m2.4m2.3m2.1m1.9m2.1m
450/3 463,116552,725648,497513,943445,375477,521567,791380,399201,874540,174504,097339,692460,528454,826350,322359,277532,977568,555
454/9 3.4m3.2m3.2m3.1m2.7m2.9m2.9m2.8m2.7m2.4m2.3m1.6m1.8m1.9m2.0m1.8m1.4m1.5m
47/48 29.3m21.4m19.9m10.6m5.1m7.8m8.8m13.7m13.7m9.3m6.2m4.3m5.5m5.1m5.6m2.3m1.9m1.4m
492/3 1.4m351,754675,810246,405258,387384,262188,915126,749179,862589,440447,335450,4021.9m2.4m1.4m1.3m1.4m110,724
Income statement
70/76A 65.7m72.6m61.8m61.8m53.7m50.6m56.8m51.2m52.5m44.5m40.4m-40.3m37.7m-39.4m30.1m33.4m
70 60.3m64.7m57.5m56.9m47.3m47.1m53.4m50.6m49.8m42.2m38.6m34.8m39.0m36.4m38.9m37.4m28.8m32.1m
71 -1.1m476,577-911,65359,9311.8m-243,644-261,809-855,1601.4m765,017-6,086-736,837-18,11334,900-346,431631,570324,577297,578
72 1.3m1.3m1.2m931,172--------------
74 5.2m6.1m4.0m4.0m4.6m------1.1m--1.2m---
76A -----317,0647,3111.1m456,3443.1m2.8m-1.4m1.1m-167,8111.5m1.6m
60/66A 68.3m75.3m64.4m60.0m55.6m51.9m58.1m53.1m52.8m45.5m40.6m-39.8m37.3m-38.0m30.8m33.4m
60 29.1m36.4m30.8m29.8m26.6m24.3m30.7m27.1m28.0m22.6m20.3m17.9m21.0m19.9m19.2m20.1m15.3m17.4m
600/8 30.2m32.6m34.3m31.7m28.3m25.1m30.2m28.4m28.6m23.1m21.0m17.7m20.8m20.0m19.1m20.5m15.1m17.1m
609 -1.1m3.9m-3.4m-1.9m-1.8m-763,184446,728-1.3m-677,340-567,031-728,424189,467235,711-50,140131,856-404,535235,393330,792
61 18.1m19.4m15.5m13.7m11.7m11.9m12.6m11.6m10.5m9.3m8.0m6.8m6.5m6.4m6.1m6.1m5.1m5.4m
62 20.0m18.9m17.8m16.5m15.1m14.8m14.4m14.0m13.5m11.9m11.7m11.1m11.6m11.7m11.7m11.2m10.1m10.7m
630 799,917406,679369,848409,924521,205591,321594,523491,753292,097223,856216,980254,276217,722198,105174,100158,588171,847199,748
631/4 223,050194,668-71,721-224,737953,617224,843-111,645-79,400261,33088,555130,373-290,481242,300-744,012121,00073,90751,927-226,598
635/8 28,582-103,778-190,778-260,800-131,00079,579-45,263-65,887280,652471,946189,000-204,788-531,788-260,135-149,287-95,881
640/8 75,36536,24733,98476,89631,11447,33445,66168,56953,09651,46266,89162,09982,761430,46735,536186,962219,21221,060
66A ---50,867888,3731.4m252,000-12,739806,289847,963-1.7m468,525-376,7871.0m442,569
9901 -2.6m-2.7m-2.6m1.8m-1.9m-1.3m-1.3m-1.9m-298,163-973,062-250,031-305,108502,292373,1462.0m1.3m-682,537-28,928
75/76B 3.7m4.4m3.6m3.0m6.9m4.8m6.7m3.1m1.3m4.0m933,559-1.2m578,199-448,433219,248452,131
75 3.7m3.9m2.7m2.6m4.7m4.5m6.7m2.0m831,717928,862933,5592.1m1.2m578,199455,802448,433219,248452,131
750 3.6m3.8m2.4m2.3m4.5m4.3m6.5m2.0m700,000799,987800,0002.0m1.1m500,000399,994399,994150,000350,000
751 12,70724,724201,47135,11712,5684305065,7989,41610,38018,67017,65316,38126,06520,36924,6575,91444,551
752/9 122,74583,541125,056227,542152,064146,874185,59564,133122,302118,495114,88955,28445,79752,13435,43923,78263,33457,580
76B -455,810877,167367,0632.3m317,0647,3111.1m456,3443.1m--------
65/66B 3.1m1.4m2.5m1.8m2.2m1.8m575,597281,757498,7451.2m248,431-205,073167,514-187,421264,504471,524
65 1.3m1.3m960,175516,612284,913378,713323,597281,757303,745350,542248,431171,093205,073167,514191,797187,421264,504471,524
650 848,1171.1m691,326149,32260,99965,306131,694108,70482,66577,08380,29976,17967,95145,52793,275102,434144,460335,185
652/9 480,402199,873268,849367,290223,914313,407191,903173,053221,080273,459168,132-137,122121,987-84,987120,045136,339
66B 1.8m157,0001.5m1.3m2.0m1.4m252,000-195,000813,000--------
9903 -2.0m254,310-1.5m3.0m2.7m1.7m4.8m888,023491,1541.9m2.4m1.5m1.2m1.4m3.0m1.4m-304,7221.1m
780 -----------1,326--1,326---
67/77 3,286103,194102,52725,85715,468---71,578160,415-13,958175,977245,087-14,913708,954287,000-14,53922,813
670/3 3,286103,194102,52725,85715,468---160,41569,000175,977245,087-708,954287,000-14,53947,864
77 -------71,578-82,958--14,913----25,051
9904 -2.0m151,116-1.6m3.0m2.7m1.7m4.8m959,601330,7391.9m2.3m1.2m1.2m689,6792.7m1.4m-318,0741.1m
789 ----------------634127
9905 -2.0m151,116-1.6m3.0m2.7m1.7m4.8m959,601330,7391.9m2.3m1.2m1.2m689,6792.7m1.4m-317,4401.1m
Appropriation of the result
9906 -301,2832.7m3.5m7.6m6.6m5.4m6.2m2.2m2.9m4.3m4.4m3.7m3.9m3.9m5.2m2.4m1.1m1.4m
14P 1.7m2.5m5.1m4.6m3.9m------2.4m--2.4m---
694/7 -1.0m1.0m2.5m2.0m1.5m2.5m887,0001.6m1.7m2.0m-1.5m1.1m----
694 -1.0m1.0m2.5m2.0m1.5m2.5m887,0001.6m1.7m2.0m1.5m1.5m1.1m2.0m---
Social balance sheet
9087 227.3226.3224.3209.1206.7203.1192.4187.9178.7162.5158.8158.9167.3170.7176.3172.3172.4182.7
Men (FTE)1003 194.7194.3188.3176.2176.3173.3163.1158.7150.8136.7135.4-144.2149.7----
Women (FTE)1003 32.63333.132.930.429.829.329.227.925.823.4-23.121----
Agency workers1501 35.248.230.336.827.49.832.32425.418.95.5-26-201010
Hours worked1013 350,377351,865345,858328,016325,291312,260299,941295,487288,316261,668255,308-272,604273,696-282,988263,668294,863
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The accounts for 31 older financial years (1977-2007) were filed as documents without figures as data, scans for example.

The notes to these accounts have 65 items, including the statement of assets and debts, the cost breakdown and rights and commitments. You find them in the accounts filed with the NBB.

Source: Annual accounts 2025 at the NBB, filed on 24-07-2026.

Download as CSV

Filings

each dot is a set of accounts, on the day it reached the National Bank
Financial year Type Filed Reference Document
31-12-2025 full format 24-07-2026 2026-00343994 PDF
31-12-2024 full format 26-08-2025 2025-00467758 PDF
31-12-2023 full format 30-08-2024 2024-00442281 PDF
31-12-2022 full format 21-08-2023 2023-00346811 PDF
31-12-2021 full format 10-08-2022 2022-20286400 PDF
31-12-2020 full format 31-07-2021 2021-45200318 PDF
31-12-2019 full format 17-12-2020 2020-76300003 PDF
31-12-2018 full format 04-07-2019 2019-29100158 PDF
31-12-2017 full format 28-06-2018 2018-25200425 PDF
31-12-2016 full format 24-06-2017 2017-21700571 PDF
31-12-2015 full format 13-06-2016 2016-17300496 PDF
31-12-2014 full format 25-06-2015 2015-21800278 PDF
31-12-2013 full format 26-06-2014 2014-21800472 PDF
31-12-2012 full format 26-06-2013 2013-22300284 PDF
31-12-2011 full format 25-06-2012 2012-21500593 PDF
31-12-2010 full format 14-06-2011 2011-16400022 PDF
31-12-2009 full format 23-06-2010 2010-21900552 PDF
31-12-2008 full format 23-06-2009 2009-28800121 PDF
31-12-2007 full format 27-06-2008 2008-29500383 PDF
31-12-2006 full format 29-06-2007 2007-31600054 PDF
31-12-2005 full format 30-06-2006 2006-36800064 PDF
31-12-2004 full format 24-06-2005 2005-31500068 PDF
31-12-2003 full format 25-06-2004 2004-30600283 PDF
31-12-2002 full format 05-08-2003 2003-55400049 PDF
31-12-2001 full format 21-06-2002 2002-23000071 PDF
31-12-2000 full format 19-06-2001 2001-22400232 PDF
31-12-1999 full format 08-06-2000 2000-18700256 PDF
31-12-1998 full format 22-06-1999 1999-21104277 PDF
31-12-1997 full format 05-06-1998 1998-14002755 PDF
31-12-1996 full format 09-06-1997 1997-13600715 PDF
31-12-1995 full format 30-05-1996 1996-10803357 PDF
31-12-1994 full format 07-06-1995 1995-12203160 PDF
31-12-1993 full format 30-05-1994 1994-10204837 PDF
31-12-1992 full format 04-06-1993 1993-10304252 PDF
31-12-1991 full format 10-06-1992 1992-09700130 PDF
31-12-1990 full format 30-05-1991 1991-06700012 PDF
31-12-1989 full format 15-06-1990 1990-09104129 PDF
31-12-1988 full format 07-06-1989 1989-07102733 PDF
31-12-1987 full format 26-05-1988 1988-05001180 PDF
31-12-1986 full format 18-06-1987 1987-11203006 PDF
31-12-1985 full format 10-06-1986 1986-14101289 PDF
31-12-1984 full format 28-06-1985 1985-19101814 PDF
31-12-1983 unclassified schema 10-07-1984 1984-10100965 PDF
31-12-1982 unclassified schema 09-08-1983 1983-11100357 PDF
31-12-1981 unclassified schema 10-09-1982 1982-11701156 PDF
31-12-1980 unclassified schema 10-07-1981 1981-08800691 PDF
31-12-1979 unclassified schema 23-07-1980 1980-09501442 PDF
31-12-1978 unclassified schema 18-07-1979 1979-09100104 PDF
31-12-1977 unclassified schema 07-08-1978 1978-06301836 PDF

Key figures and ratios

per financial year, computed from the annual accounts
Line Trend202520242023202220212020201920182017201620152014201320122011201020092008
-1.8m-2.3m-2.2m2.3m-1.4m-712,961-700,790-1.4m-6,065-749,207-33,051-50,832720,014571,2512.1m1.5m-510,691170,820
-1.2m557,795-1.2m3.4m3.2m2.3m5.4m1.5m622,8372.1m2.5m1.5m1.4m887,7842.9m1.5m-146,2271.3m
3.2m2.4m4.5m2.0m1.3m277,673411,7731.2m838,365356,147295,543261,2431.1m596,856264,17669,00558,09516,502
-645,027-346,07798,125463,158-3.5m927,7782.4m-1.6m1.1m-109,80967,9861.1m-1.2m22,974998,90767,91977,677-
-9.0m-7.4m-4.1m1.3m1.4m1.9m-298,805-9.0m-7.2m-5.0m-4.2m-2.9m-1.5m607,7831.5m1.2m676,322835,756
-4.3%-4.2%-4.5%3.3%-4.1%-2.8%-2.4%-3.8%-0.6%-2.3%-0.6%-0.9%1.3%1.0%5.0%3.5%-2.4%-0.1%
2.9%8.2%9.5%18.6%19.8%17.7%15.6%8.6%8.1%13.1%16.0%17.7%16.9%19.5%20.9%20.6%15.3%17.1%
0.830.810.901.051.061.080.990.720.790.810.800.830.911.041.091.081.051.06
0.590.500.510.590.620.730.700.450.540.570.550.570.630.680.770.670.680.69
32.2210.829.244.123.854.224.999.9210.456.014.854.364.573.863.493.534.794.11
-121.4%4.2%-34.8%42.4%41.4%29.0%85.8%29.1%10.2%41.8%51.8%29.5%26.9%14.6%53.4%31.4%-10.6%33.6%
-3.5%0.3%-3.3%7.9%8.2%5.1%13.4%2.5%0.8%5.5%8.3%5.2%4.5%2.9%11.2%6.5%-1.6%5.7%
-2.12-2.10-3.2015.13-23.14-10.92-5.32-13.20-0.07-9.72-0.41-0.6710.6012.5522.9014.50-3.540.51
148 days76 days101 days73 days92 days89 days105 days91 days102 days108 days78 days76 days91 days67 days74 days86 days94 days87 days
99 days67 days106 days90 days118 days95 days98 days90 days114 days102 days102 days108 days104 days103 days107 days112 days108 days96 days

A Belgian filing has no cash-flow statement. Cash flow is therefore an approximation, derived from the income statement. Investment is the acquisitions in the notes and, without them, the balance-sheet move.

Social balance sheet

Item31-12-202531-12-202431-12-202331-12-202231-12-2021
Employees at the balance-sheet date227228227220208
full-time216219212198189
part-time119152219
in full-time equivalents225.1226.3224.3216203.9
227.3227.3221.4209.1206.7
On a permanent contract221209213206199
Joined6181767248
Left6180696050
Agency workers, average number35.248.230.336.827.4
Training hours2,6891,7444,7515,4793,616

Source: social balance sheet in the 2021 to 2025 annual accounts

Investments

fixed assets acquired
Item20252024202320222021
Tangible fixed assets€180,908€145,781€83,725€450,242€458,969
Intangible fixed assets€3.0m€2.2m€1.2m€1.6m€798,122
Financial fixed assets--€3.2m-€25,000
€799,917€406,679€369,848€409,924€521,205

Source: notes to the 2021 to 2025 annual accounts (statement of fixed assets)

Auditor

fees
Item20252024202320222021
Fee for the audit€66,100€65,535€62,000€60,000€54,881

Source: notes to the 2021 to 2025 annual accounts (relations with the auditor)

Public contracts

1 award · 2026
Onderhoudscontract voor de poortjes op de luchthaven van Zaventem: WS2035672107 - 1
buyer: NMBSRepair and maintenance servicesawarded 26-03-2026€860,2071 tenderTED 282810-2026

Source: TED (Tenders Electronic Daily), Publications Office of the European Union. The values are as the buyer published them. For a framework agreement, the value is a ceiling.

Insights on Automatic Systems

The operating result for 2025 is a loss of €2.6m, smaller than the loss of €2.7m in 2024.

Debt's share of the balance-sheet total rises from 88.7% to 94.1%. Equity is lower and debt is higher.

Large changes and their cause
  • 2021 Net result +61% on 2020. The 2021 profit included a one-off income of €2,256,538.

Next steps