LASERFLASH
Dissolution or liquidationFinancials · financial year 2023, full format
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€9,961▼ 81.4%
2022 · €53,618
Working capital
€540,426▲ 0.7%
2022 · €536,709
Trend over the years
2019 to 2023, 5 financial years 2018 to 2023, 6 financial years
The operating result has fallen two years in a row; 2023 is 18% below 2022.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
Operating result€0.08m
2023
Net result€0.01m
2023
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Total assets€2.8m
2023
Equity€0.9m
2023
Debt€1.9m
2023
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
Working capital€0.5m
2023
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
Return on assets (ROA)0.4%
2023
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Solvency31.9%
2023
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Current ratio1.34
2023
Average staff in full-time equivalents (FTE).
Staff (FTE)23.4
2023
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA), Staff (FTE).
Every figure with its change against the financial year before
favourable
unfavourable
Line201820192020202120222023
Operating result-€0.07m--€0.3m▼ 277%-€0.5m▼ 86.2%€0.2m€0.1m▼ 54.8%€0.08m▼ 18.4%
Net result-€0.1m--€0.03m▲ 66.4%-€0.7mbelow the sector's middle half▼ 1,970%€0.2mwithin the sector's middle half€0.05mwithin the sector's middle half▼ 70.1%€0.01mbelow the sector's middle half▼ 81.4%
Equity€1.4m-€1.4m▼ 2.4%€0.7mwithin the sector's middle half▼ 51.9%€0.8mwithin the sector's middle half▲ 27.5%€0.9mwithin the sector's middle half▲ 6.5%€0.9mwithin the sector's middle half▲ 1.1%
Total assets€4.0m-€3.6m▼ 10.7%€2.6mwithin the sector's middle half▼ 28.2%€2.7mwithin the sector's middle half▲ 5.1%€2.7mwithin the sector's middle half▲ 1.6%€2.8mwithin the sector's middle half▲ 2.2%
Debt€2.5m-€2.2m▼ 11.6%€1.9m▼ 13.9%€1.9m▼ 2.5%€1.9m▼ 0.6%€1.9m▲ 2.7%
Working capital€0.8m-€0.7m▼ 14.5%€0.08mwithin the sector's middle half▼ 88.8%€0.4mwithin the sector's middle half▲ 361%€0.5mwithin the sector's middle half▲ 44.6%€0.5mwithin the sector's middle half▲ 0.7%
Solvency34.6%-37.8%▲ 3.2pp25.4%within the sector's middle half▼ 12.5pp30.8%within the sector's middle half▲ 5.4pp32.2%within the sector's middle half▲ 1.5pp31.9%within the sector's middle half▼ 0.3pp
Current ratio1.41-1.38▼ 0.031.04below the sector's middle half▼ 0.341.24within the sector's middle half▲ 0.191.33within the sector's middle half▲ 0.091.34within the sector's middle half▲ 0.02
Return on assets (ROA)-2.5%--0.9%▲ 1.6pp-27.3%below the sector's middle half▼ 26.4pp6.6%within the sector's middle half▲ 34.0pp2.0%within the sector's middle half▼ 4.7pp0.4%below the sector's middle half▼ 1.6pp
Staff (FTE)29.6-30▲ 1.4%28.8within the sector's middle half▼ 4.0%24.4within the sector's middle half▼ 15.3%24.7within the sector's middle half▲ 1.2%23.4within the sector's middle half▼ 5.3%
above
within
below
the middle half of NACE 25, Manufacture of fabricated metal products, except machinery and equipment: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30.
Balance-sheet composition
2023 in colour, 2022 as the grey bar beneath
Assets €2.8m
Fixed assets
€692,608 ▲ 22.6%
Current assets
€2.1m ▼ 3.1%
Equity and liabilities €2.8m
Equity
€894,737 ▲ 1.1%
Debt
€1.9m ▲ 2.7%
Debt's share of the balance-sheet total rises from 67.8% to 68.1%. Equity and debt are higher.
Key figures and ratios
EBITDA
€235,669▼
2022 · €279,693
Cash flow
€164,753▼
2022 · €234,161
Quick ratio
0.92▲
2022 · 0.88
Debt to equity
2.13▲
2022 · 2.10
ROE
1.1%▼
2022 · 6.1%
Interest coverage
3.36▼
2022 · 5.07
Debt ≤ 1 year
€1.6m▼
2022 · €1.6m
Debt > 1 year
€319,655▲
2022 · €188,131
Income taxes
€740▲
2022 · €483
Staff costs
€1.4m▲
2022 · €1.3m
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | - | - | €1.2m | €1.3m | €1.4m | ▲ 7.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | ▼ 14.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€0.006m | -€0.001m | ▲ 81.2% |
| Other operating charges640/8 | - | - | - | €0.04m | €0.1m | €0.03m | ▼ 79.7% |
| Gross operating margin9900 | €1.9m | €1.8m | €1.3m | €1.7m | €1.7m | €1.7m | ▼ 1.8% |
| Operating profit (loss)9901 | -€0.07m | -€0.3m | -€0.5m | €0.2m | €0.1m | €0.08m | ▼ 18.4% |
| Financial income75/76B | - | - | - | €0.006m | €0.01m | €2 | ▼ 100.0% |
| Recurring financial income75 | - | €1 | €7 | €0.006m | €0.01m | €2 | ▼ 100.0% |
| Financial charges65/66B | - | - | - | €0.05m | €0.06m | €0.07m | ▲ 27.3% |
| Recurring financial charges65 | €0.03m | €0.05m | €0.04m | €0.05m | €0.06m | €0.07m | ▲ 27.3% |
| Profit (loss) for the period before taxes9903 | -€0.1m | -€0.1m | -€0.7m | €0.2m | €0.05m | €0.01m | ▼ 80.2% |
| Income taxes67/77 | €0.001m | -€0.1m | €0.001m | €0.001m | €483 | €0.001m | ▲ 53.2% |
| Profit (loss) for the period9904 | -€0.1m | -€0.03m | -€0.7m | €0.2m | €0.05m | €0.01m | ▼ 81.4% |
| Profit (loss) for the period to be appropriated9905 | -€0.1m | -€0.03m | -€0.7m | €0.2m | €0.05m | €0.01m | ▼ 81.4% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Assets | |||||||
| Total assets20/58 | €4.0m | €3.6m | €2.6m | €2.7m | €2.7m | €2.8m | ▲ 2.2% |
| Fixed assets21/28 | €1.1m | €1.0m | €0.7m | €0.8m | €0.6m | €0.7m | ▲ 22.6% |
| Intangible fixed assets21 | €0.03m | €0.02m | €0.008m | €0.001m | €0.03m | €0.02m | ▼ 21.2% |
| Tangible fixed assets22/27 | €1.1m | €1.0m | €0.7m | €0.8m | €0.5m | €0.7m | ▲ 25.1% |
| Land and buildings22 | - | - | - | €0.3m | €0.3m | €0.2m | ▼ 9.3% |
| Plant, machinery and equipment23 | - | - | - | €0.2m | €0.1m | €0.1m | ▼ 0.4% |
| Furniture and vehicles24 | - | - | - | €0.04m | €0.02m | €0.04m | ▲ 71.6% |
| Leasing and similar rights25 | - | - | - | €0.2m | €0.1m | €0.3m | ▲ 104% |
| Other tangible fixed assets26 | - | - | - | €0.06m | €0 | - | - |
| Financial fixed assets28 | €0.007m | €0.006m | €0.008m | €0.007m | €0.008m | €0.008m | = |
| Current assets29/58 | €2.9m | €2.6m | €1.9m | €1.9m | €2.2m | €2.1m | ▼ 3.1% |
| Stocks and contracts in progress3 | €0.8m | €0.6m | €0.5m | €0.7m | €0.7m | €0.7m | ▼ 9.9% |
| Stocks30/36 | - | - | - | €0.7m | €0.7m | €0.7m | ▼ 9.9% |
| Amounts receivable within one year40/41 | €1.9m | €2.0m | €1.3m | €1.1m | €1.3m | €1.4m | ▲ 6.7% |
| Trade receivables40 | - | - | - | €0.6m | €0.7m | €0.7m | ▼ 0.3% |
| Other amounts receivable41 | - | - | - | €0.5m | €0.6m | €0.7m | ▲ 14.1% |
| Current investments50/53 | - | €0 | €0 | €0 | €0 | €0 | = |
| Cash at bank and in hand54/58 | €0.2m | €0.008m | €0.06m | €0.06m | €0.08m | €0.03m | ▼ 67.4% |
| Deferred charges and accrued income490/1 | - | - | - | €0.01m | €0.05m | €0.02m | ▼ 56.2% |
| Equity and liabilities | |||||||
| Total equity and liabilities10/49 | €4.0m | €3.6m | €2.6m | €2.7m | €2.7m | €2.8m | ▲ 2.2% |
| Equity10/15 | €1.4m | €1.4m | €0.7m | €0.8m | €0.9m | €0.9m | ▲ 1.1% |
| Contributions10/11 | €1.3m | €1.3m | €1.3m | €0.5m | €0.5m | €0.5m | = |
| Capital10 | - | - | - | €0.5m | €0.5m | €0.5m | = |
| Issued capital100 | - | - | - | €0.5m | €0.5m | €0.5m | = |
| Reserves13 | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | €0.2m | = |
| Non-distributable reserves130/1 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Legal reserve130 | - | - | - | €0.1m | €0.1m | €0.1m | = |
| Other1319 | - | - | - | €0.02m | €0.02m | €0.02m | = |
| Tax-exempt reserves132 | - | - | - | €0.03m | €0.03m | €0.03m | = |
| Profit (loss) carried forward14 | -€0.07m | -€0.1m | -€0.8m | €0.2m | €0.2m | €0.2m | ▲ 4.3% |
| Provisions and deferred taxes16 | €0.1m | - | - | - | - | - | - |
| Amounts payable17/49 | €2.5m | €2.2m | €1.9m | €1.9m | €1.9m | €1.9m | ▲ 2.7% |
| Amounts payable after more than one year17 | €0.5m | €0.3m | €0.1m | €0.3m | €0.2m | €0.3m | ▲ 69.9% |
| Financial debts170/4 | - | - | - | €0.3m | €0.2m | €0.3m | ▲ 69.9% |
| Amounts payable within one year42/48 | €2.0m | €1.9m | €1.8m | €1.6m | €1.6m | €1.6m | ▼ 4.4% |
| Current portion of amounts payable after more than one year42 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 43.1% |
| Financial debts43 | - | - | - | €0.5m | €0.7m | €0.6m | ▼ 16.4% |
| Credit institutions430/8 | - | - | - | €0.5m | €0.7m | €0.6m | ▼ 16.4% |
| Trade debts44 | €1.1m | €0.9m | €0.9m | €0.9m | €0.7m | €0.7m | ▼ 2.7% |
| Suppliers440/4 | - | - | - | €0.9m | €0.7m | €0.7m | ▼ 2.7% |
| Taxes, remuneration and social security45 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 15.9% |
| Taxes450/3 | - | - | - | €0.001m | €0.001m | €0.003m | ▲ 352% |
| Remuneration and social security454/9 | - | - | - | €0.1m | €0.1m | €0.1m | ▲ 14.1% |
| Accrued charges and deferred income492/3 | - | - | - | €0.02m | €0.03m | €0.02m | ▼ 35.1% |
| Line | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | Change |
|---|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | -€101,093 | -€33,963 | -€703,170 | €179,063 | €53,618 | €9,961 | ▼ 81.4% |
| + Depreciation and write-downs630 | €221,952 | €230,240 | €200,217 | €208,663 | €180,542 | €154,792 | ▼ 14.3% |
| Operating cash flow (approximation) | €120,858 | €196,277 | -€502,953 | €387,726 | €234,161 | €164,753 | ▼ 29.6% |
| Investment in fixed assets (approximation) | - | -€87,894 | €88,448 | -€287,439 | €28,710 | -€282,459 | - |
| Change in cash | - | -€198,302 | €48,796 | €2,461 | €18,995 | -€52,588 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Latest 10 of 31 filings with the National Bank
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2023 | full format | 18-06-2024 | 2024-00138815 |
| 31-12-2022 | full format | 18-04-2023 | 2023-00060620 |
| 31-12-2021 | full format | 15-04-2022 | 2022-20005999 |
| 31-12-2020 | full format | 05-07-2021 | 2021-30700597 |
| 31-12-2019 | full format | 02-07-2020 | 2020-25000447 |
| 31-12-2018 | full format | 14-06-2019 | 2019-18500049 |
| 31-12-2017 | full format | 12-06-2018 | 2018-17900310 |
| 31-12-2016 | full format | 31-05-2017 | 2017-14100341 |
| 31-12-2015 | full format | 26-05-2016 | 2016-13500256 |
| 31-12-2014 | full format | 16-06-2015 | 2015-17900320 |
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Of the 3,420 active companies whose main activity is machining of metals (NACE 25530), figures are known for 1,647. 1,147 are within a factor 10 of this equity. These 5 are the closest to it. See the whole sector
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.