LASER ALLIANCE: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
LASER ALLIANCE
Largest movements
- Deferred charges and accrued income +€14,418
new in 2025: €14,418
- Tangible fixed assets -€13,748
down €13,748 (-8.0%), from €172,547 to €158,799
of which Land and buildings: -€10,862
- Cash -€4,798
down €4,798 (-81.4%), from €5,890 to €1,093
mainly Investment in fixed assets (net) (-€34,134) and Deferred charges and accrued income (-€14,418)
- Current portion of long-term debt +€20,460
up €20,460 (+98.8%), from €20,709 to €41,169
- Other debts -€13,697
down €13,697 (-30.9%), from €44,272 to €30,575
- Trade debts -€9,004
down €9,004 (-23.2%), from €38,824 to €29,819
- Profit (loss) carried forward -€6,777
down €6,777, from €0 to -€6,777
- Debts after one year +€4,034
up €4,034 (+6.6%), from €61,560 to €65,594
- Gross operating margin -€55,575
down €55,575 (-33.4%), from €166,320 to €110,745
- Depreciation +€20,860
up €20,860 (+77.2%), from €27,023 to €47,883
- Staff costs +€9,825
up €9,825 (+20.3%), from €48,378 to €58,203
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €183,869 | €180,560 | -€3,308 | -1.8% |
| Fixed assets | 21/28 | €172,547 | €158,799 | -€13,748 | -8.0% |
| Tangible fixed assets | 22/27 | €172,547 | €158,799 | -€13,748 | -8.0% |
| Land and buildings | 22 | €71,385 | €60,523 | -€10,862 | -15.2% |
| Plant, machinery and equipment | 23 | €58,814 | €62,240 | +€3,426 | +5.8% |
| Furniture and vehicles | 24 | €2,535 | €5,666 | +€3,132 | +124% |
| Leasing and similar rights | 25 | €39,812 | €30,369 | -€9,444 | -23.7% |
| Current assets | 29/58 | €11,322 | €21,761 | +€10,440 | +92.2% |
| Stocks and contracts in progress | 3 | €2,010 | €2,039 | +€29 | +1.4% |
| Stocks | 30/36 | €2,010 | €2,039 | +€29 | +1.4% |
| Amounts receivable within one year | 40/41 | €3,421 | €4,212 | +€791 | +23.1% |
| Trade receivables | 40 | €3,421 | €4,212 | +€791 | +23.1% |
| Cash at bank and in hand | 54/58 | €5,890 | €1,093 | -€4,798 | -81.4% |
| Deferred charges and accrued income | 490/1 | - | €14,418 | +€14,418 | |
| Total equity and liabilities | 10/49 | €183,869 | €180,560 | -€3,308 | -1.8% |
| Equity | 10/15 | €6,146 | -€631 | -€6,777 | |
| Contributions | 10/11 | €5,000 | €5,000 | = | 0.0% |
| Reserves | 13 | €1,146 | €1,146 | = | 0.0% |
| Distributable reserves | 133 | €1,146 | €1,146 | = | 0.0% |
| Profit (loss) carried forward | 14 | €0 | -€6,777 | -€6,777 | |
| Amounts payable | 17/49 | €177,723 | €181,191 | +€3,468 | +2.0% |
| Amounts payable after more than one year | 17 | €61,560 | €65,594 | +€4,034 | +6.6% |
| Financial debts | 170/4 | €61,560 | €65,594 | +€4,034 | +6.6% |
| Amounts payable within one year | 42/48 | €115,435 | €115,597 | +€162 | +0.1% |
| Current portion of amounts payable after more than one year | 42 | €20,709 | €41,169 | +€20,460 | +98.8% |
| Financial debts | 43 | €5,297 | €5,145 | -€152 | -2.9% |
| Credit institutions | 430/8 | €5,297 | €5,145 | -€152 | -2.9% |
| Trade debts | 44 | €38,824 | €29,819 | -€9,004 | -23.2% |
| Suppliers | 440/4 | €38,824 | €29,819 | -€9,004 | -23.2% |
| Taxes, remuneration and social security | 45 | €6,333 | €8,889 | +€2,556 | +40.4% |
| Taxes | 450/3 | €2,204 | €4,786 | +€2,582 | +117% |
| Remuneration and social security | 454/9 | €4,129 | €4,103 | -€26 | -0.6% |
| Other amounts payable | 47/48 | €44,272 | €30,575 | -€13,697 | -30.9% |
| Accrued charges and deferred income | 492/3 | €728 | €0 | -€728 | -100% |
| Remuneration, social security and pensions | 62 | €48,378 | €58,203 | +€9,825 | +20.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €27,023 | €47,883 | +€20,860 | +77.2% |
| Other operating charges | 640/8 | €2,809 | €3,156 | +€347 | +12.3% |
| Gross operating margin | 9900 | €166,320 | €110,745 | -€55,575 | -33.4% |
| Operating profit (loss) | 9901 | €88,110 | €1,504 | -€86,606 | -98.3% |
| Financial income | 75/76B | €11 | €72 | +€61 | +573% |
| Recurring financial income | 75 | €11 | €72 | +€61 | +573% |
| Financial charges | 65/66B | €9,371 | €8,275 | -€1,096 | -11.7% |
| Recurring financial charges | 65 | €9,371 | €8,275 | -€1,096 | -11.7% |
| Profit (loss) for the period before taxes | 9903 | €78,749 | -€6,699 | -€85,448 | |
| Income taxes | 67/77 | €1 | €78 | +€76 | +6,591% |
| Profit (loss) for the period | 9904 | €78,748 | -€6,777 | -€85,525 | |
| Profit (loss) for the period to be appropriated | 9905 | €78,748 | -€6,777 | -€85,525 |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.