LASER SYSTEM EUROPE: what changed
What changed
LASER SYSTEM EUROPE
NACE 46.180, Agents specialised in the wholesale of other particular products
filed annual accounts (NBB)
Net result for the year
€519,496
2024 · -€361,000+€880,496
Equity
€2.7m
2024 · €2.3m+€369,496
Cash
€778,478
2024 · €1.1m-€290,050
Balance sheet total
€5.6m
2024 · €5.8m-€206,236
Largest movements
Assets
- Receivables within one year +€306,991
up €306,991 (+25.2%), from €1.2m to €1.5m
of which Trade receivables: +€237,573
- Cash -€290,050
down €290,050 (-27.1%), from €1.1m to €778,478
mainly Investment in fixed assets (net) (-€1.0m) and Advances received (-€866,828)
- Tangible fixed assets -€207,774
down €207,774 (-7.4%), from €2.8m to €2.6m
of which Furniture and vehicles: -€136,479
Equity and liabilities
- Advances received -€866,828
down €866,828 (-52.2%), from €1.7m to €794,158
- Profit (loss) carried forward +€372,488
up €372,488 (+19.9%), from €1.9m to €2.2m
- Debts after one year +€147,525
up €147,525 (+21.0%), from €702,945 to €850,469
- Tax, wage and social debts +€90,665
up €90,665 (+157%), from €57,798 to €148,462
of which Remuneration and social security: +€53,570
- Other debts +€84,037
up €84,037 (+388%), from €21,637 to €105,674
Income statement
- Gross operating margin +€875,000
up €875,000 (+60.1%), from €1.5m to €2.3m
- Depreciation -€143,831
down €143,831 (-10.3%), from €1.4m to €1.3m
- Write-downs +€131,659
up €131,659, from -€131,384 to €275
- Financial charges -€124,223
down €124,223 (-79.0%), from €157,307 to €33,084
of which Non-recurring financial charges: -€131,500
- Staff costs +€104,120
up €104,120 (+26.3%), from €395,803 to €499,922
Change in the result, 2024 to 2025
For each income-statement line you see the change as its effect on the result. Higher costs lower the result, higher income raises it.
Result 2024
-€361,000
Gross operating margin
+€875,000
Staff costs
-€104,120
Depreciation
+€143,831
Write-downs
-€131,659
Other operating charges
+€3,187
Other operating items
+€3,700
Financial income
-€5,644
Financial charges
+€124,223
Taxes
-€28,022
Result 2025
€519,496
raises the resultlowers the resultnot broken down further in the accounts
Derived cash bridge
The bridge is derived from the 2024 and 2025 balance sheets and the 2025 result. There is no filed cash-flow statement. You see where the money came from and where it went.
From operations
+€701,306
Investment
-€1.0m
Financing
+€50,609
Cash 2024
€1.1m
From operations (derived)
+€701,306
Net result for the year
+€519,496
Depreciation
+€1.3m
Smaller working-capital items
+€812
Receivables within one year
-€306,991
Deferred charges and accrued income
+€7,793
Trade debts
-€83,218
Tax, wage and social debts
+€90,665
Advances received
-€866,828
Other debts
+€84,037
Investment (derived)
-€1.0m
Investment in fixed assets (net)
-€1.0m
Current investments
-€266
Financing
+€50,609
Debts after one year
+€147,525
Current portion of long-term debt
+€53,084
Contributions, distributions and other
-€150,000
Cash 2025
€778,478
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €5,814,265 | €5,608,029 | -€206,236 | -3.5% |
| Fixed assets | 21/28 | €2,834,013 | €2,620,173 | -€213,840 | -7.5% |
| Intangible fixed assets | 21 | €9,935 | €3,869 | -€6,066 | -61.1% |
| Tangible fixed assets | 22/27 | €2,820,022 | €2,612,249 | -€207,774 | -7.4% |
| Land and buildings | 22 | €564,661 | €522,294 | -€42,367 | -7.5% |
| Plant, machinery and equipment | 23 | €205,903 | €176,974 | -€28,928 | -14.0% |
| Furniture and vehicles | 24 | €2,049,459 | €1,912,980 | -€136,479 | -6.7% |
| Financial fixed assets | 28 | €4,056 | €4,056 | = | 0.0% |
| Current assets | 29/58 | €2,980,251 | €2,987,855 | +€7,604 | +0.3% |
| Stocks and contracts in progress | 3 | €474,719 | €472,910 | -€1,809 | -0.4% |
| Contracts in progress | 37 | €474,719 | €472,910 | -€1,809 | -0.4% |
| Amounts receivable within one year | 40/41 | €1,216,061 | €1,523,052 | +€306,991 | +25.2% |
| Trade receivables | 40 | €698,436 | €936,009 | +€237,573 | +34.0% |
| Other amounts receivable | 41 | €517,626 | €587,043 | +€69,417 | +13.4% |
| Current investments | 50/53 | €152,467 | €152,733 | +€266 | +0.2% |
| Cash at bank and in hand | 54/58 | €1,068,529 | €778,478 | -€290,050 | -27.1% |
| Deferred charges and accrued income | 490/1 | €68,476 | €60,683 | -€7,793 | -11.4% |
| Total equity and liabilities | 10/49 | €5,814,265 | €5,608,029 | -€206,236 | -3.5% |
| Equity | 10/15 | €2,306,052 | €2,675,547 | +€369,496 | +16.0% |
| Contributions | 10/11 | €18,592 | €18,592 | = | 0.0% |
| Reserves | 13 | €413,932 | €410,939 | -€2,992 | -0.7% |
| Tax-exempt reserves | 132 | €262,072 | €41,890 | -€220,182 | -84.0% |
| Distributable reserves | 133 | €151,859 | €369,049 | +€217,190 | +143% |
| Profit (loss) carried forward | 14 | €1,873,528 | €2,246,016 | +€372,488 | +19.9% |
| Provisions and deferred taxes | 16 | €14,961 | €13,963 | -€997 | -6.7% |
| Deferred taxes | 168 | €14,961 | €13,963 | -€997 | -6.7% |
| Amounts payable | 17/49 | €3,493,252 | €2,918,518 | -€574,734 | -16.5% |
| Amounts payable after more than one year | 17 | €702,945 | €850,469 | +€147,525 | +21.0% |
| Financial debts | 170/4 | €702,945 | €850,469 | +€147,525 | +21.0% |
| Amounts payable within one year | 42/48 | €2,790,308 | €2,068,049 | -€722,259 | -25.9% |
| Current portion of amounts payable after more than one year | 42 | €349,626 | €402,710 | +€53,084 | +15.2% |
| Trade debts | 44 | €700,262 | €617,044 | -€83,218 | -11.9% |
| Suppliers | 440/4 | €700,262 | €617,044 | -€83,218 | -11.9% |
| Advances received on contracts in progress | 46 | €1,660,985 | €794,158 | -€866,828 | -52.2% |
| Taxes, remuneration and social security | 45 | €57,798 | €148,462 | +€90,665 | +157% |
| Taxes | 450/3 | €6,494 | €43,588 | +€37,095 | +571% |
| Remuneration and social security | 454/9 | €51,304 | €104,874 | +€53,570 | +104% |
| Other amounts payable | 47/48 | €21,637 | €105,674 | +€84,037 | +388% |
| Non-recurring operating income | 76A | - | €7,500 | +€7,500 | |
| Remuneration, social security and pensions | 62 | €395,803 | €499,922 | +€104,120 | +26.3% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €1,399,370 | €1,255,539 | -€143,831 | -10.3% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | -€131,384 | €275 | +€131,659 | |
| Other operating charges | 640/8 | €14,074 | €10,888 | -€3,187 | -22.6% |
| Non-recurring operating charges | 66A | €3,700 | - | -€3,700 | |
| Gross operating margin | 9900 | €1,456,566 | €2,331,566 | +€875,000 | +60.1% |
| Operating profit (loss) | 9901 | -€224,996 | €564,943 | +€789,939 | |
| Financial income | 75/76B | €20,306 | €14,662 | -€5,644 | -27.8% |
| Recurring financial income | 75 | €20,306 | €14,662 | -€5,644 | -27.8% |
| Financial charges | 65/66B | €157,307 | €33,084 | -€124,223 | -79.0% |
| Recurring financial charges | 65 | €25,807 | €33,084 | +€7,277 | +28.2% |
| Non-recurring financial charges | 66B | €131,500 | - | -€131,500 | |
| Profit (loss) for the period before taxes | 9903 | -€361,997 | €546,520 | +€908,518 | |
| Transfer from deferred taxes | 780 | €997 | €997 | = | 0.0% |
| Income taxes | 67/77 | - | €28,022 | +€28,022 | |
| Profit (loss) for the period | 9904 | -€361,000 | €519,496 | +€880,496 | |
| Transfer from tax-exempt reserves | 789 | €2,992 | €220,182 | +€217,190 | +7,259% |
| Profit (loss) for the period to be appropriated | 9905 | -€358,008 | €739,678 | +€1.1m |
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Calculation and sources
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Green is a favourable move for that line, red an unfavourable one. Prepared on 4 November 2026 via checked.be.