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Belgium
In shortIon Beam Applications is profitable, burns cash and holds more cash than debt, with revenue growing (+24.5% last year).
Financial health
Mixed
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 4.5% | 32/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 2.1% | 28/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 10.7% | 53/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 10.4% | 70/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.99× | 16/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 0.44× | 87/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | Net cash | 100/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 2.00× | 5/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | – | n/a |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | -5.6% | 0/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | -2.75× | 0/100 |
| Years with positive free cash flow (last 5) | 2 of 5 | 25/100 |
Weight in the score: 20%
| Profitable years (last 5) | 4 of 5 | 80/100 |
|---|---|---|
| Years of revenue decline (last 5) | 0 of 5 | 100/100 |
| Revenue growth volatility | 9.0% | 78/100 |
| Operating margin volatility | 1.6% | 94/100 |
Weight in the score: 20%
| Revenue growth, 3-year average | 19.7% | 100/100 |
|---|---|---|
| EPS growth, 3-year average | 27.9% | 100/100 |
Weight in the score: 10%
Fiscal year 2025 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
1 older year available with the 10-year history. Essential plan, from €8.25/month →
The last 5 fiscal years from the company's annual reports.
EUR millions; negative values in parentheses.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Revenue | 313 | 361 | 429 | 498 | 620 |
| Cost of revenue | 205 | 235 | 294 | 330 | 421 |
| Gross profit | 108 | 127 | 134 | 168 | 200 |
| Research & development | 34 | 42 | 48 | 59 | 62 |
| Operating income | 13 | 5 | 5.1 | 20 | 28 |
| Interest expense | 10 | 16 | 11 | 10 | 14 |
| Pre-tax income | 8.3 | (0.4) | (0.3) | 15 | 19 |
| Income tax | 4.4 | (6.5) | 8.8 | 5.6 | 6 |
| Net income | 3.9 | 6.1 | (9.1) | 9.3 | 13 |
| Diluted EPS | €0.13 | €0.20 | −€3,128.00 | – | €0.42 |
1 older year available with the 10-year history. Essential plan, from €8.25/month →
Not computed: a required balance-sheet item is missing.
4/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2025 · Data updated May 8, 2026