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LASER ENGINEERING APPLICATIONS

Active
Public limited companyfounded 199927 yrs activeRue Louis Plescia 31, 4102 Seraing, BelgiumKBO/BCE: BE 0465.268.616
Summary

LASER ENGINEERING APPLICATIONS has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €30.5m and a net result of -€3.2m. Equity is growing by ~18.4% per year across the filed fiscal years. Its solvency ranks better than 53% of 737 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).

Checked score

Score 2025
Axes · tick = 2024
Profitability42▼-36
Solvency71▲+2
Growth59▼-20
Track record100
Bankruptcy probability, 12 months
0.1% Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €1,500,000 at 30 days acceptable
Liquidity tight (current ratio 1.0 against 0.96 in 2024; short-term debt: 34.5% and cash: 2.9% of total assets), and 53.5% of the assets are financed with debt.
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Signals

Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 71
Relative position
BE, all sectors
reference
Architectural and engineering activities; technical testing and analysis (NACE 71)
about 56% fewer bankruptcies
← fewer bankruptcies more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 27 years 0 30 y
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
46.5%
Return on assets
-4.9%
Age of the figures
9 mo
lowers risk · Lower-risk legal form
Companies with this legal form statistically fail less often than a BV.
KBO · legal form
raises risk · Higher-failure-rate region
In this region companies fail more often than in the rest of the country.
KBO · registered office
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 23-07-2026, 8 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
8 d early
2024
37 d early
2023
7 d early
2022
52 d late
2021
46 d early
2020
52 d early
2019
74 d late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 7 accounts on average 3 days before the deadline; the sector median for financial year 2024 is 8 days before the deadline, and 33% of the sector filed late.

Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven months
Position in the running window
28-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 15 January 1999, LASER ENGINEERING APPLICATIONS was incorporated.1 Revenue went from EUR 7.7 million in 2019 to EUR 15 million in 2025 and headcount from 53 full-time equivalents in 2018 to 75.8 in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018, 2019 and 2025

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Financials · fiscal year 2025, full schema

Turnover
€15.1m=
2024 · €15.1m
EBIT margin
-23.7%▼ 22.8pp
2024 · -0.9%
Net result
-€3.2m
2024 · €571,598
Working capital
€95,292
2024 · -€1.0m
Trend over the years

Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings. Dashed line: the median.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Turnover€10.4m▲ 8.0%€8.0m▼ 23.8%€16.9m▲ 112%€15.1m▼ 10.7%€15.1m=
Operating result€367,889-€2.2m€27,473-€137,958-€3.6m▼ 2,491%
Net result€965,608above the sector's middle half▲ 171%-€1.8mbelow the sector's middle half€608,544above the sector's middle half€571,598above the sector's middle half▼ 6.1%-€3.2mbelow the sector's middle half
EBIT margin3.5%▲ 5.0pp-27.9%▼ 31.4pp0.2%▲ 28.0pp-0.9%▼ 1.1pp-23.7%▼ 22.8pp
Equity€15.1mabove the sector's middle half▲ 3.7%€22.9mabove the sector's middle half▲ 51.1%€23.2mabove the sector's middle half▲ 1.4%€27.9mabove the sector's middle half▲ 20.2%€30.5mabove the sector's middle half▲ 9.5%
Total assets€35.9mabove the sector's middle half▼ 5.6%€49.9mabove the sector's middle half▲ 39.2%€57.8mabove the sector's middle half▲ 15.7%€63.6mabove the sector's middle half▲ 10.1%€65.6mabove the sector's middle half▲ 3.2%
Debt€20.7m▼ 11.5%€27.1m▲ 30.5%€34.6m▲ 27.8%€35.7m▲ 3.3%€35.1m▼ 1.7%
Working capital€3.3mabove the sector's middle half▼ 39.1%€4.4mabove the sector's middle half▲ 36.4%-€3.1mbelow the sector's middle half-€1.0mbelow the sector's middle half▲ 67.6%€95,292within the sector's middle half
Solvency42.2%within the sector's middle half▲ 3.8pp45.8%within the sector's middle half▲ 3.6pp40.1%within the sector's middle half▼ 5.7pp43.8%within the sector's middle half▲ 3.7pp46.5%within the sector's middle half▲ 2.7pp
Current ratio1.28within the sector's middle half▼ 0.141.32within the sector's middle half▲ 0.040.86below the sector's middle half▼ 0.450.96below the sector's middle half▲ 0.091.00below the sector's middle half▲ 0.05
Return on assets (ROA)2.7%within the sector's middle half▲ 1.8pp-3.6%below the sector's middle half▼ 6.3pp1.1%within the sector's middle half▲ 4.7pp0.9%within the sector's middle half▼ 0.2pp-4.9%below the sector's middle half▼ 5.8pp
Staff (FTE)60above the sector's middle half▼ 1.2%65above the sector's middle half▲ 8.3%77.4above the sector's middle half▲ 19.1%76.9above the sector's middle half▼ 0.6%75.8above the sector's middle half▼ 1.4%
above within below the middle half (P25 to P75) of NACE 71, Architectural and engineering activities; technical testing and analysis, each year against the same schema; no band under 30 filings.
Result per fiscal year
Operating resultNet result
-€4.0m-€2.0m€0Operating result 2021: €367,889€367,889Net result 2021: €965,608€965,608Operating result 2022: -€2.2m-€2.2mNet result 2022: -€1.8m-€1.8mOperating result 2023: €27,473€27,473Net result 2023: €608,544€608,544Operating result 2024: -€137,958-€137,958Net result 2024: €571,598€571,598Operating result 2025: -€3.6m-€3.6mNet result 2025: -€3.2m-€3.2m20212022202320242025-€4m-€2m€0Operating result 2023: €27,473€27,500Net result 2023: €608,544€609,000Operating result 2024: -€137,958-€138,000Net result 2024: €571,598€572,000Operating result 2025: -€3.6m-€3.6mNet result 2025: -€3.2m-€3.2m202320242025
The operating result stays negative: a loss of €3.6m in 2025 against €137,958 in 2024; the loss grows and 2025 has the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €65.5m
Fixed assets €42.8m ▲ 3.9%
Current assets €22.7m ▲ 2.1%
Equity and liabilities €65.6m
Equity €30.5m ▲ 9.5%
Debt €35.1m ▼ 1.7%
Debt's share of the balance-sheet total falls from 56.2% to 53.5%. Equity is higher and debt is lower.
Key figures and ratios
2025 value · change against 2024
EBITDA
€1.7m▼
2024 · €4.8m
Cash flow
€2.1m▼
2024 · €5.5m
Quick ratio
0.47▲
2024 · 0.35
Debt to equity
1.15▼
2024 · 1.28
ROE
-10.5%▼
2024 · 2.1%
Interest coverage
2.06▼
2024 · 5.59
Debt ≤ 1 year
€22.7m▼
2024 · €23.3m
Debt > 1 year
€11.0m▼
2024 · €11.6m
Income taxes
-€188,756▲
2024 · -€210,009
Staff costs
€5.6m▼
2024 · €6.4m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.

Peer companies

Historical observation

Of the 825 companies that looked in July 2024 the way this one looks now, 0.6% went bankrupt within 24 months and 96% are still going.

  • Medium-sized
  • 20 years or older
  • solvency 30% or more
  • a small loss
0.6% went bankrupt
2.8% stopped otherwise
96% still going

A further 0.1% stopped, but we cannot tell whether within those 24 months.

For this company itself Checked computes a bankruptcy probability of 0.1% over twelve months; the group does not contradict it.

How reliable is this rule?

Tested on the year before, without using that year itself: the groups of July 2023 gave each of the 497,662 companies of July 2024 its group's bankruptcy share. Expected: 1.5%; actually bankrupt within 24 months: 1.6%.

The companies in ten equal groups, from lowest to highest expected share.
Group Expected Actual
1 0.2% 0.2%
2 0.3% 0.4%
3 0.5% 0.5%
4 0.6% 0.7%
5 0.8% 0.9%
6 1.2% 1.3%
7 1.5% 1.7%
8 1.7% 1.7%
9 2.7% 2.8%
10 5.3% 5.7%

The rule ranks well: a company that went bankrupt got a higher share than one that kept going in 75% of comparisons. The level follows the economy: in a year with more bankruptcies, the actual share is higher than the year before.

An observation about 825 comparable companies, not a prediction for this company. The sector does not count: the register keeps no sector for companies that stopped, so it would make the outcome look better than it was.

Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 100 lines
Balance sheet Code20242025
Assets
Total assets20/58€63.6m€65.6m▲
Formation expenses20€169,430€110,998▼
Fixed assets21/28€41.2m€42.8m▲
Intangible fixed assets21€4.3m€4.6m▲
Tangible fixed assets22/27€12.8m€13.7m▲
Land and buildings22€6.5m€7.2m▲
Plant, machinery and equipment23€5.7m€4.2m▼
Furniture and vehicles24€245,568€151,757▼
Leasing and similar rights25€301,322€2.3m▲
Other tangible fixed assets26-€0
Assets under construction and advance payments27€11,966€11,966=
Financial fixed assets28€24.1m€24.5m▲
Affiliated companies280/1€24.0m€24.4m▲
Participating interests280€11.2m€12.5m▲
Amounts receivable281€12.8m€12.0m▼
Companies linked by participating interests282/3€30,667€30,667=
Participating interests282€30,667€30,667=
Other financial fixed assets284/8€28,662€28,662=
Shares284€5,701€5,701=
Amounts receivable and cash guarantees285/8€22,961€22,961=
Current assets29/58€22.3m€22.7m▲
Amounts receivable after more than one year29€1.2m€830,085▼
Other amounts receivable291€1.2m€830,085▼
Stocks and contracts in progress3€14.1m€12.1m▼
Stocks30/36€4.5m€5.2m▲
Work in progress32€1.3m€1.9m▲
Finished goods33€1.3m€1.3m▲
Goods purchased for resale34€1.9m€1.9m▲
Advance payments36€10,081€0▼
Contracts in progress37€9.6m€6.9m▼
Amounts receivable within one year40/41€4.9m€7.8m▲
Trade receivables40€4.0m€6.9m▲
Other amounts receivable41€916,569€941,419▲
Cash at bank and in hand54/58€2.0m€1.9m▼
Deferred charges and accrued income490/1€132,003€154,162▲
Equity and liabilities
Total equity and liabilities10/49€63.6m€65.6m▲
Equity10/15€27.9m€30.5m▲
Contributions10/11€25.3m€30.3m▲
Capital10€25.3m€30.3m▲
Issued capital100€25.3m€30.3m▲
Revaluation surpluses12-€987,902
Reserves13€137,918€137,918=
Non-distributable reserves130/1€137,918€137,918=
Legal reserve130€137,918€137,918=
Profit (loss) carried forward14€625,445-€2.6m▼
Investment grants15€1.8m€1.7m▼
Amounts payable17/49€35.7m€35.1m▼
Amounts payable after more than one year17€11.6m€11.0m▼
Financial debts170/4€11.6m€11.0m▼
Subordinated loans170€1.1m€1.1m=
Leasing and similar obligations172€653,668€2.0m▲
Credit institutions173€9.8m€7.9m▼
Amounts payable within one year42/48€23.3m€22.7m▼
Current portion of amounts payable after more than one year42€2.5m€2.5m▼
Financial debts43€5.6m€8.0m▲
Credit institutions430/8€5.6m€8.0m▲
Trade debts44€3.6m€2.8m▼
Suppliers440/4€3.6m€2.8m▼
Advances received on contracts in progress46€9.5m€7.4m▼
Taxes, remuneration and social security45€1.6m€1.5m▼
Taxes450/3€609,735€577,635▼
Remuneration and social security454/9€1.0m€940,349▼
Other amounts payable47/48€478,769€471,349▼
Accrued charges and deferred income492/3€844,814€1.5m▲
Income statement Code20242025
Operating income70/76A€25.2m€17.6m▼
Turnover70€15.1m€15.1m=
Change in stocks of work in progress, finished goods and contracts in progress71€4.1m-€1.7m▼
Own construction capitalised72€3.2m€2.5m▼
Other operating income74€2.8m€1.7m▼
Operating charges60/66A€25.3m€21.2m▼
Goods for resale, raw materials and consumables60€9.5m€5.3m▼
Purchases600/8€9.4m€5.4m▼
Change in stocks: decrease (increase)609€169,910-€27,330▼
Services and other goods61€3.9m€4.2m▲
Remuneration, social security and pensions62€6.4m€5.6m▼
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4.9m€5.3m▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€437,667€184,200▼
Other operating charges640/8€19,058€213,425▲
Non-recurring operating charges66A€38,217€311,122▲
Operating profit (loss)9901-€137,958-€3.6m▼
Financial income75/76B€1.7m€1.3m▼
Recurring financial income75€1.7m€1.3m▼
Income from financial fixed assets750€1.0m€607,482▼
Income from current assets751€472,440€526,611▲
Other financial income752/9€215,357€148,844▼
Financial charges65/66B€1.2m€1.1m▼
Recurring financial charges65€1.2m€1.1m▼
Debt charges650€856,976€837,916▼
Other financial charges652/9€336,963€264,072▼
Profit (loss) for the period before taxes9903€361,589-€3.4m▼
Income taxes67/77-€210,009-€188,756▲
Taxes670/3€36,701€8,431▼
Tax adjustments and reversals of tax provisions77€246,710€197,187▼
Profit (loss) for the period9904€571,598-€3.2m▼
Profit (loss) for the period to be appropriated9905€571,598-€3.2m▼
Appropriation of the result
Profit (loss) to be appropriated9906€654,025-€2.6m▼
Profit (loss) brought forward from the previous period14P€82,427€625,445▲
Transfer to equity691/2€28,580€0▼
To the legal reserve6920€28,580€0▼
Social balance
Average headcount (FTE)908776.975.8▼

The notes to these accounts (105 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Operating income70/76A€15.3m€16.7m€25.1m€25.2m€17.6m▼ 29.9%
Turnover70€10.4m€8.0m€16.9m€15.1m€15.1m=
Change in stocks of work in progress, finished goods and contracts in progress71-€577,089€4.1m€1.9m€4.1m-€1.7m▼ 140%
Own construction capitalised72€1.9m€2.6m€3.5m€3.2m€2.5m▼ 21.7%
Other operating income74€3.0m€2.1m€2.8m€2.8m€1.7m▼ 37.4%
Non-recurring operating income76A€579,754€2,212----
Operating charges60/66A€14.9m€19.0m€25.1m€25.3m€21.2m▼ 16.2%
Goods for resale, raw materials and consumables60€4.2m€6.6m€9.8m€9.5m€5.3m▼ 44.1%
Purchases600/8€4.5m€7.1m€10.5m€9.4m€5.4m▼ 42.8%
Change in stocks: decrease (increase)609-€280,803-€483,101-€675,981€169,910-€27,330▼ 116%
Services and other goods61€2.8m€3.5m€3.9m€3.9m€4.2m▲ 7.4%
Remuneration, social security and pensions62€4.4m€4.9m€6.6m€6.4m€5.6m▼ 12.0%
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€3.3m€3.6m€4.6m€4.9m€5.3m▲ 7.6%
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4---€89,325€437,667€184,200▼ 57.9%
Other operating charges640/8€141,719€361,250€62,034€19,058€213,425▲ 1,020%
Non-recurring operating charges66A€122,881-€235,783€38,217€311,122▲ 714%
Operating profit (loss)9901€367,889-€2.2m€27,473-€137,958-€3.6m▼ 2,491%
Financial income75/76B€785,057€856,508€1.3m€1.7m€1.3m▼ 24.2%
Recurring financial income75€785,057€856,508€1.3m€1.7m€1.3m▼ 24.2%
Income from financial fixed assets750-€30,000€801,208€1.0m€607,482▼ 39.6%
Income from current assets751€56,630€164,554€278,223€472,440€526,611▲ 11.5%
Other financial income752/9€728,426€661,954€224,451€215,357€148,844▼ 30.9%
Financial charges65/66B€546,046€539,893€862,838€1.2m€1.1m▼ 7.7%
Recurring financial charges65€546,046€539,893€862,838€1.2m€1.1m▼ 7.7%
Debt charges650€420,590€426,524€648,996€856,976€837,916▼ 2.2%
Other financial charges652/9€125,456€113,369€213,843€336,963€264,072▼ 21.6%
Profit (loss) for the period before taxes9903€606,899-€1.9m€468,516€361,589-€3.4m▼ 1,039%
Income taxes67/77-€358,709-€106,946-€140,028-€210,009-€188,756▲ 10.1%
Taxes670/3--€0€36,701€8,431▼ 77.0%
Tax adjustments and reversals of tax provisions77€358,709€106,946€140,028€246,710€197,187▼ 20.1%
Profit (loss) for the period9904€965,608-€1.8m€608,544€571,598-€3.2m▼ 661%
Profit (loss) for the period to be appropriated9905€965,608-€1.8m€608,544€571,598-€3.2m▼ 661%
Line20212022202320242025Change
Assets
Total assets20/58€35.9m€49.9m€57.8m€63.6m€65.6m▲ 3.2%
Formation expenses20€20,756€241,761€227,946€169,430€110,998▼ 34.5%
Fixed assets21/28€20.8m€31.3m€37.9m€41.2m€42.8m▲ 3.9%
Intangible fixed assets21€1.7m€2.7m€3.8m€4.3m€4.6m▲ 5.4%
Tangible fixed assets22/27€11.2m€11.2m€12.7m€12.8m€13.7m▲ 7.7%
Land and buildings22€7.1m€6.8m€6.8m€6.5m€7.2m▲ 10.1%
Plant, machinery and equipment23€3.9m€3.9m€5.0m€5.7m€4.2m▼ 26.8%
Furniture and vehicles24€180,150€318,459€332,647€245,568€151,757▼ 38.2%
Leasing and similar rights25--€381,194€301,322€2.3m▲ 647%
Other tangible fixed assets26€2,223---€0-
Assets under construction and advance payments27€94,644€188,289€149,019€11,966€11,966=
Financial fixed assets28€7.9m€17.4m€21.4m€24.1m€24.5m▲ 1.7%
Affiliated companies280/1€7.7m€17.3m€21.4m€24.0m€24.4m▲ 1.7%
Participating interests280€2.7m€9.8m€11.1m€11.2m€12.5m▲ 11.2%
Amounts receivable281€5.0m€7.5m€10.3m€12.8m€12.0m▼ 6.7%
Companies linked by participating interests282/3€180,667€30,667€30,667€30,667€30,667=
Participating interests282€180,667€30,667€30,667€30,667€30,667=
Other financial fixed assets284/8€33,103€12,403€23,662€28,662€28,662=
Shares284€701€701€701€5,701€5,701=
Amounts receivable and cash guarantees285/8€32,402€11,702€22,961€22,961€22,961=
Current assets29/58€15.0m€18.4m€19.7m€22.3m€22.7m▲ 2.1%
Amounts receivable after more than one year29€533,512€640,458€942,926€1.2m€830,085▼ 28.0%
Other amounts receivable291€533,512€640,458€942,926€1.2m€830,085▼ 28.0%
Stocks and contracts in progress3€5.0m€9.5m€10.5m€14.1m€12.1m▼ 14.3%
Stocks30/36€3.1m€3.8m€3.5m€4.5m€5.2m▲ 14.4%
Work in progress32€604,036€278,233€889,340€1.3m€1.9m▲ 46.0%
Finished goods33€1.5m€2.1m€653,728€1.3m€1.3m▲ 2.4%
Goods purchased for resale34€916,142€1.4m€2.0m€1.9m€1.9m▲ 1.5%
Advance payments36-€10,081€10,081€10,081€0▼ 100%
Contracts in progress37€1.9m€5.7m€7.0m€9.6m€6.9m▼ 27.8%
Amounts receivable within one year40/41€6.9m€5.4m€4.9m€4.9m€7.8m▲ 58.1%
Trade receivables40€3.9m€3.3m€3.8m€4.0m€6.9m▲ 70.7%
Other amounts receivable41€3.0m€2.2m€1.1m€916,569€941,419▲ 2.7%
Cash at bank and in hand54/58€2.0m€2.1m€3.1m€2.0m€1.9m▼ 4.0%
Deferred charges and accrued income490/1€621,383€670,231€270,793€132,003€154,162▲ 16.8%
Equity and liabilities
Total equity and liabilities10/49€35.9m€49.9m€57.8m€63.6m€65.6m▲ 3.2%
Equity10/15€15.1m€22.9m€23.2m€27.9m€30.5m▲ 9.5%
Contributions10/11€11.0m€21.0m€21.0m€25.3m€30.3m▲ 19.8%
Capital10€11.0m€21.0m€21.0m€25.3m€30.3m▲ 19.8%
Issued capital100€11.0m€21.0m€21.0m€25.3m€30.3m▲ 19.8%
Revaluation surpluses12----€987,902-
Reserves13€105,000€105,000€109,338€137,918€137,918=
Non-distributable reserves130/1€105,000€105,000€109,338€137,918€137,918=
Legal reserve130€105,000€105,000€109,338€137,918€137,918=
Profit (loss) carried forward14€1.3m-€521,779€82,427€625,445-€2.6m▼ 512%
Investment grants15€2.8m€2.3m€2.0m€1.8m€1.7m▼ 7.7%
Amounts payable17/49€20.7m€27.1m€34.6m€35.7m€35.1m▼ 1.7%
Amounts payable after more than one year17€8.8m€12.8m€11.4m€11.6m€11.0m▼ 5.6%
Financial debts170/4€8.8m€12.8m€11.4m€11.6m€11.0m▼ 5.6%
Subordinated loans170€988,600€2.1m€1.6m€1.1m€1.1m=
Unsubordinated bonds171€580,000€395,000----
Leasing and similar obligations172--€232,713€653,668€2.0m▲ 199%
Credit institutions173€7.3m€10.3m€9.6m€9.8m€7.9m▼ 19.8%
Amounts payable within one year42/48€11.8m€14.0m€22.8m€23.3m€22.7m▼ 2.7%
Current portion of amounts payable after more than one year42€1.5m€1.7m€2.4m€2.5m€2.5m▼ 0.1%
Financial debts43€5.0m€1.0m€5.6m€5.6m€8.0m▲ 44.5%
Credit institutions430/8€5.0m€1.0m€5.1m€5.6m€8.0m▲ 44.5%
Other loans439--€500,000---
Trade debts44€2.2m€2.5m€3.5m€3.6m€2.8m▼ 22.8%
Suppliers440/4€2.2m€2.5m€3.5m€3.6m€2.8m▼ 22.8%
Advances received on contracts in progress46€1.8m€6.2m€7.9m€9.5m€7.4m▼ 22.7%
Taxes, remuneration and social security45€903,863€981,756€1.6m€1.6m€1.5m▼ 6.3%
Taxes450/3€193,377€202,562€563,146€609,735€577,635▼ 5.3%
Remuneration and social security454/9€710,486€779,194€1.1m€1.0m€940,349▼ 7.0%
Other amounts payable47/48€371,950€1.6m€1.7m€478,769€471,349▼ 1.5%
Accrued charges and deferred income492/3€130,225€296,471€448,870€844,814€1.5m▲ 78.0%
Line20212022202320242025Change
Profit (loss) for the period9904€965,608-€1.8m€608,544€571,598-€3.2m▼ 661%
+ Depreciation and write-downs630€3.3m€3.6m€4.6m€4.9m€5.3m▲ 7.6%
Operating cash flow (approximation)€4.3m€1.8m€5.2m€5.5m€2.1m▼ 61.9%
Investment in fixed assets (approximation)--€14.1m-€11.2m-€8.2m-€6.9m▲ 15.6%
Change in cash-€97,777€933,403-€1.1m-€78,997▲ 92.8%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
23-07
NBB filing Annual accounts filed
fiscal year 2025 · full schema
2025
31-12
Financial Weakest financial yearnet -€3.2m
Net result drops to -€3.2m, the lowest in the series.
24-06
NBB filing Annual accounts filed
fiscal year 2024 · full schema
2024
31-12
Financial Equity above €25mEq €27.9m ▲20.2%
2 profitable years in a row build equity to €27.9m.
24-07
NBB filing Annual accounts filed
fiscal year 2023 · full schema
2023
31-12
Financial Back to profitnet €608,544
Net result €608,544 after one loss-making year.
21-09
NBB filing Annual accounts filed
fiscal year 2022 · full schema · 52 days late
2022
15-06
NBB filing Annual accounts filed
fiscal year 2021 · full schema
2021
31-12
Financial Highest result since 2018net €965,608 ▲171%
Operating result €367,889, net result €965,608, both a record.
09-06
NBB filing Annual accounts filed
fiscal year 2020 · full schema
2020
31-12
Financial Back to profitnet €356,785
Net result €356,785 after one loss-making year.
13-10
NBB filing Annual accounts filed
fiscal year 2019 · full schema · 74 days late
Show earlier events
2019
31-12
Financial Equity above €10mEq €12.4m ▲115%
Equity rises from €5.8m to €12.4m.
13-06
NBB filing Annual accounts filed
fiscal year 2018 · full schema
2018
27-06
NBB filing Annual accounts filed
fiscal year 2017 · full schema
2017
04-07
NBB filing Annual accounts filed
fiscal year 2016 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
2 of 28 acts read
About the unread acts

Of the 28 Belgian State Gazette acts we know for this company, 2 have been read. The other 26 have not been read yet: what they contain is neither established nor disproved here.

Have them read with priority Sign in to place this company at the front of the reading queue.

Directors · office · real estate

Directors
28 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Seraing · 1 establishment unit since 1999
seat establishment The establishment unit on the map
Ground area
1.4 ha
Parcel 62343C0058/00B002, Wallonia. Linked by address, not a title deed.
4 companies at this address See who is registered here
1 establishment unit
Rue Louis Plescia 31, 4102 Seraing
Manufacture of basic metals
since 19992.091.387.009
1 parcel
Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62343C0058/00B002 Wallonia 1.4 ha - -
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Structure & network

Owners and holdings

4 owners · 7 holdings

Owners 4

Holdings 7

According to the 2025 annual accounts of LASER ENGINEERING APPLICATIONS and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Public money · subsidies and aid

European Union, budget

2021 to 2025 · 13 entries · 4,691,630 EUR in total
Year Entries awarded
2025 1 667,500 EUR
2023 2 1,031,899 EUR
2022 7 2,705,175 EUR
2021 3 287,056 EUR
Projects
METAMORPHA - MADE-TO-MEASURE MICROMACHINING WITH LASER BEAMS TAILORED IN AMPLITUDE AND PHASE
Horizon Europe · 01-09-2022 to 31-08-2026 · 1,248,615 EUR
GLASS - GREEN LASER-ASSISTED SURFACE STRUCTURING
Horizon Europe · 01-05-2023 to 31-10-2025 · 948,595 EUR
SYNTECS - SUSTAINABLY AND DIGITALLY DRIVEN HIERARCHICAL LASER TEXTURING FOR COMPLEX SURFACES
Horizon Europe · 01-12-2022 to 30-11-2025 · 822,650 EUR
OPERATIC - BOOSTING THE ADOPTION OF ULTRASHORT PULSED LASER LARGE SCALE STRUCTURING WITH AN AGILE, DEXTEROUS AND EFFICIENT MANUFACTURING PLATFORM
Horizon Europe · 01-10-2022 to 31-03-2026 · 717,214 EUR
SILICON THROUGH HOLES BY ACCUMULATIVE INTERPLAY OF 2 MICRON SHORT PULSES
Horizon Europe · 01-04-2026 to 31-03-2030 · 667,500 EUR · STAY2ME
Show 3 more projects
MULTIFLEX - ULTRASHORT PULSED LASER PROCESSING AT 1 KILOWATT USING A FLEXIBLE MULTI BEAM APPROACH
Horizon Europe · 01-01-2019 to 30-06-2022 · 107,425 EUR
MULTIPOINT - MULTIBEAM FEMTOSECOND LASER SYSTEM FOR HIGH THROUGHPUT MICRO-DRILLING OF HLFC STRUCTURES
Horizon Europe · 01-01-2019 to 31-10-2022 · 90,343 EUR
LAMPAS - HIGH THROUGHPUT LASER STRUCTURING WITH MULTISCALE PERIODIC FEATURE SIZES FOR ADVANCED SURFACE FUNCTIONALITIES
Horizon Europe · 01-01-2019 to 30-06-2022 · 89,288 EUR

European research

17 projects · 10,329,183 EUR EU contribution
Programmes
8 entries · 5,654,748 EUR
6 entries · 4,095,643 EUR
3 entries · 578,792 EUR
Projects
Made-to-measure micromachining with laser beams tailored in amplitude and phase
Horizon Europe · participant · 01-09-2022 to 28-02-2027 · 1,165,312 EUR · METAMORPHA
Ultrashort Pulsed Laser Processing at 1 Kilowatt Using a Flexible Multi Beam Approach
Horizon 2020 · participant · 01-01-2019 to 30-06-2023 · 1,074,250 EUR · MultiFlex
Green Laser-Assisted Surface Structuring
Horizon Europe · participant · 01-05-2023 to 31-12-2025 · 948,595 EUR · GLASS
LASER FOR MASS PRODUCTION OF FUNCTIONALISED METALLIC SURFACES
Horizon 2020 · participant · 01-10-2017 to 31-03-2021 · 897,750 EUR · LASER4SURF
High throughput Laser structuring with Multiscale Periodic feature sizes for Advanced Surface Functionalities
Horizon 2020 · participant · 01-01-2019 to 31-10-2022 · 892,880 EUR · LAMPAS
Show 12 more projects
Multibeam Femtosecond Laser System for High Throughput Micro-drilling of HLFC Structures
Horizon 2020 · participant · 01-01-2019 to 31-03-2023 · 888,125 EUR · MULTIPOINT
SustainablY aNd digiTally driven hiErarchical laser texturing for Complex Surfaces
Horizon Europe · participant · 01-12-2022 to 31-01-2026 · 822,648 EUR · SYNTECS
Boosting the adoption of Ultrashort Pulsed Laser large scale structuring with an agile, dexterous and efficient manufacturing platform
Horizon Europe · participant · 01-10-2022 to 31-12-2026 · 694,713 EUR · OPeraTIC
Electrical Steel Structuring, Insulating and Assembling by means of the Laser technologies
Horizon 2020 · participant · 01-11-2017 to 31-07-2022 · 541,075 EUR · ESSIAL
Polygon scanner based ultra-short pulse laser processing in roll-to-roll manufacturing
Horizon 2020 · participant · 01-10-2016 to 31-01-2020 · 490,725 EUR · PoLaRoll
Silicon Through holes by Accumulative interplaY of 2 Micron short pulsEs
Horizon Europe · participant · 01-04-2026 to 31-03-2030 · 464,375 EUR · STAY2ME
HIgh throughPut LasER processing of DIamond and Silicon
Horizon 2020 · participant · 01-02-2016 to 31-10-2019 · 441,750 EUR · HIPERDIAS
Pilot-line providing highly advanced & robust manufacturing technology for optical free-form micro-structures
Horizon 2020 · participant · 01-01-2020 to 30-06-2025 · 428,194 EUR · PHABULOUS
Development of a Direct Laser Joining of hybrid Plastic-Metal components for industrial applications
Seventh Framework Programme · participant · 01-02-2013 to 31-01-2016 · 394,092 EUR · PMJOIN
Laser equipment ASsessment for High impAct innovation in the manufactuRing European industry
Seventh Framework Programme · participant · 01-09-2013 to 30-11-2018 · 157,200 EUR · LASHARE
Sub-surface Fast internal Engraving and Reading system for Anticounterfeiting applications
Seventh Framework Programme · participant · 01-04-2008 to 31-03-2010 · 27,500 EUR · SFERA
High-Power Optical Vortices – From Generation to Application
Horizon Europe · associated partner · 01-01-2026 to 31-12-2029 · HiPOVor

Recognitions · licences · registrations

Legal Entity Identifier

549300CLQG879RZUGS10
live in the LEI register

Similar companies · same sector, comparable size

Of 11,577 companies in sector 71121 we hold annual accounts for 6,570. 312 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector

Identification & contact

Identification
Legal formPublic limited company
Founded15-01-1999
Fiscal year end31-12
Abbreviation FR LASEA
Activities, NACEBEL 2025
71121Engineering and related technical consultancy, excluding land surveyors
E-invoicing
Reachable via Peppol
Peppol ID 0208:0465268616
Also 9925:BE0465268616

Register as of 28 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.