7.1 Five-year summary

				Excluding NBT	Including NBT
Operations (€ x 1,000)	2025	2024	2023	2022	2022	2021

Revenue	279,813	251,606	262,426	229,479	230,559	207,012
Revenue growth	11%	-4%	14%	0%	11%	9%
Recurring revenue¹	111,481	100,193	84,127	70,756	70,983	58,535
Growth in recurring revenue	11%	19%	19%	0%	21%	16%
Recurring revenue as % of total revenue	40%	40%	32%	31%	31%	28%


Added value²	204,704	179,898	180,979	153,568	154,544	139,325
- as % of revenue	73%	71%	69%	67%	67%	67%
- per FTE	201	181	197	186	186	180

Research and development costs³	55,752	50,191	46,876	40,419	40,419	36,732
- as % of revenue	20%	20%	18%	18%	18%	18%

EBITDA excluding one-off items⁴	44,068	34,633	37,430	33,136	33,458	33,214
Operating profit	31,745	23,889	27,323	23,545	23,790	23,072
- as % of revenue	11%	9%	10%	10%	10%	11%
Operating profit excluding one-off items⁴	31,745	23,889	27,323	23,545	23,790	23,072
- as % of revenue	11%	9%	10%	10%	10%	11%
Operating profit growth	33%	-13%	16%	0%	3%	35%

Profit for the financial year	24,586	18,527	21,641	18,704	18,704	18,284
- as % of revenue	9%	7%	8%	8%	8%	9%

1Revenue from software subscriptions (licenses) and services.
2Added value per FTE is revenue plus or minus inventory movements, less the cost of materials, outsourced work and logistics costs divided by the average number of FTEs.
3Research and development costs mostly relate to maintaining and further developing current products and services. The remaining costs are for research and development in relation to new products or services. Such development costs are only capitalized if the applicable IAS 38 criteria are met.
4A specification of one-off items, as applicable, is provided in the report for the financial year to which these items relate.

				Excluding NBT	Including NBT
Per share¹ (€ x 1)	2025	2024	2023	2022	2022	2021

Operating cash flow	6.74	4.39	4.56	-	2.71	4.36
Profit for the financial year	3.72	2.82	3.31	-	2.87	2.82
Profit excluding one-off items	3.72	2.82	3.31	-	2.87	2.82
Dividend	3.70	3.20	3.20	-	3.00	3.00
Pay-out ratio	99%	113%	97%	-	105%	106%

Outstanding shares
Year-end²	6,610,646	6,588,525	6,554,003	6,519,965	6,519,965	6,486,501
Yearly average²	6,605,616	6,581,074	6,546,636	6,512,369	6,512,369	6,482,444

Number of employees
Year-end	1,077	1,041	1,028	909	915	820
Yearly average	1,063	1,040	969	863	868	812

Number of FTEs
Year-end	1,032	999	977	866	872	786
Yearly average	1,019	996	921	824	829	775

1Based on the average number of outstanding shares; dividend is based on the number of outstanding shares as of 31 December.
2Explained in note 7 to the consolidated financial statements.

				Excluding NBT	Including NBT
Financing (€ x 1,000)	2025	2024	2023	2022	2022	2021


Net debt	-3,376	9,643	3,844	-3,354	-3,483	-15,615
Net debt-to-EBITDA excluding one-off items	-0.1	0.3	0.1	-0.1	-0.1	-0.5
Shareholders’ equity¹	89,515	83,703	85,331	81,194	81,194	80,306
Balance sheet total	136,378	137,382	139,866	134,488	134,677	131,511

Solvency²	66%	61%	61%	60%	60%	61%

1Net working capital is current assets excluding cash and cash equivalents, less employee benefits, provisions, deferred tax liabilities, income tax payable, taxation and social security contributions, lease liabilities, trade liabilities and other payables.
2Return on Invested Capital (ROIC) represents operating profit divided by invested capital (fixed assets + net working capital).

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