LASER ENGINEERING APPLICATIONS
ActiveSummary
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).
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Signals
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.
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History
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Financials · fiscal year 2025, full schema
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.
Peer companies
Historical observationOf 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
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%.
| 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.
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| 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.
Timeline · acts, filings and financial milestones
28-09
State Gazette act
Permanent representatives: Renaud Schetter, Stéphanie MONTENAIR and 3 othersResignations: Claude JAMAR, Paul-Etienne MARTIN and Mercury Leadership and Management · Appointments: H-nu, SAS (administrateur de classe a) and Stéphane DELEUZE (administrateur de classe a) · Reappointment: SRL AKTIMA (administrateur de classe a)13 facts ▸
- General meeting, 14-07-2026
- Permanent representative, Renaud Schetter (permanent representative)
- Permanent representative, Stéphanie MONTENAIR (permanent representative)
- Director resignation, Claude JAMAR (administrateur de classe a, président du conseil d'administration)
- Director resignation, Paul-Etienne MARTIN (administrateur de classe a)
- Director appointment, H-nu, SAS (administrateur de classe a)
- Permanent representative, Eric Mottay (permanent representative)
- Director appointment, Stéphane DELEUZE (administrateur de classe a)
- Director resignation, Mercury Leadership and Management (administrateur classe b)
- Permanent representative, Philippe DEGEER (permanent representative)
- Director reappointment, SRL AKTIMA (administrateur de classe a)
- Permanent representative, Axel KUPISIEWICZ (permanent representative)
- +1 further facts in this act
28-09
State Gazette act
Appointment: EY Réviseurs d'Entreprises SRL/EY Bedrijfsrevisoren BV (statutory auditor)2 facts ▸
- General meeting, 14-07-2026
- Auditor appointment, EY Réviseurs d'Entreprises SRL/EY Bedrijfsrevisoren BV
Show earlier events
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.
Directors · office · real estate
Board 3
Day-to-day management 1
Permanent representatives 2
Statutory auditor 1
Not every act has been read: a resignation may be missing here
1 establishment unit
1 parcel
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 62343C0058/00B002 | Wallonia | 1.4 ha | - | - |
Linked by address, not proof of ownership
Mandate history
- Board
- Day-to-day management
- Statutory auditor
- began earlier
| Name | Functions and periods |
|---|---|
| H-nu, SAS |
|
| Stéphane DELEUZE |
|
| AKTIMA |
|
| EY Bedrijfsrevisoren BV / EY Réviseurs d'Entreprises SRL |
|
| Claude JAMAR |
|
| MERCURY LEADERSHIP AND MANAGEMENT |
|
| Paul-Etienne MARTIN |
|
Structure & network
Owners and holdings
4 owners · 7 holdingsOwners 4
- Sourceaccounts AKTEA 202520.15%
-
16.45%
-
14.45%
- 14.19%
Holdings 7
-
100%
-
100%
-
100%
-
100%
-
100%
-
95.88%
-
30.3%
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
3 current directorsThe group is listed under Ownership & control below; here you explore it as a network.
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 |
Show 3 more projects
European research
17 projects · 10,329,183 EUR EU contributionShow 12 more projects
Recognitions · licences · registrations
Legal Entity Identifier
Similar companies · same sector, comparable size
Identification & contact
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 28 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.