LASER XL: 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 XL
Largest movements
- Tangible fixed assets -€116,525
down €116,525 (-38.3%), from €304,577 to €188,052
of which Plant, machinery and equipment: -€115,584
- Receivables within one year +€16,484
up €16,484 (+11.1%), from €148,183 to €164,666
of which Trade receivables: +€22,181
- Deferred charges and accrued income +€8,720
up €8,720 (+986%), from €884 to €9,604
- Debts after one year -€71,528
down €71,528 (-51.2%), from €139,712 to €68,184
- Profit (loss) carried forward +€27,284
up €27,284 (+7.7%), from €352,483 to €379,766
- Tax, wage and social debts -€25,053
down €25,053 (-69.6%), from €36,017 to €10,963
- Other debts -€17,223
down €17,223 (-97.9%), from €17,589 to €367
- Depreciation +€36,685
up €36,685 (+24.4%), from €150,592 to €187,278
- Gross operating margin +€18,260
up €18,260 (+8.5%), from €214,709 to €232,968
- Financial charges +€4,243
up €4,243 (+307%), from €1,382 to €5,626
- Taxes -€3,636
down €3,636 (-30.6%), from €11,895 to €8,259
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 | €698,843 | €611,781 | -€87,062 | -12.5% |
| Fixed assets | 21/28 | €437,592 | €321,970 | -€115,622 | -26.4% |
| Intangible fixed assets | 21 | €764 | €1,667 | +€903 | +118% |
| Tangible fixed assets | 22/27 | €304,577 | €188,052 | -€116,525 | -38.3% |
| Plant, machinery and equipment | 23 | €302,954 | €187,370 | -€115,584 | -38.2% |
| Furniture and vehicles | 24 | €1,623 | €683 | -€941 | -58.0% |
| Financial fixed assets | 28 | €132,250 | €132,250 | = | 0.0% |
| Current assets | 29/58 | €261,251 | €289,812 | +€28,561 | +10.9% |
| Amounts receivable within one year | 40/41 | €148,183 | €164,666 | +€16,484 | +11.1% |
| Trade receivables | 40 | €129,876 | €152,057 | +€22,181 | +17.1% |
| Other amounts receivable | 41 | €18,306 | €12,610 | -€5,697 | -31.1% |
| Current investments | 50/53 | €12,780 | €15,780 | +€3,000 | +23.5% |
| Cash at bank and in hand | 54/58 | €99,404 | €99,761 | +€357 | +0.4% |
| Deferred charges and accrued income | 490/1 | €884 | €9,604 | +€8,720 | +986% |
| Total equity and liabilities | 10/49 | €698,843 | €611,781 | -€87,062 | -12.5% |
| Equity | 10/15 | €371,703 | €398,986 | +€27,284 | +7.3% |
| Contributions | 10/11 | €18,600 | €18,600 | = | 0.0% |
| Reserves | 13 | €620 | €620 | = | 0.0% |
| Non-distributable reserves | 130/1 | €620 | €620 | = | 0.0% |
| Reserves not available under the articles | 1311 | €620 | €620 | = | 0.0% |
| Profit (loss) carried forward | 14 | €352,483 | €379,766 | +€27,284 | +7.7% |
| Amounts payable | 17/49 | €327,140 | €212,795 | -€114,346 | -35.0% |
| Amounts payable after more than one year | 17 | €139,712 | €68,184 | -€71,528 | -51.2% |
| Financial debts | 170/4 | €139,712 | €68,184 | -€71,528 | -51.2% |
| Amounts payable within one year | 42/48 | €187,428 | €144,611 | -€42,818 | -22.8% |
| Current portion of amounts payable after more than one year | 42 | €88,519 | €84,113 | -€4,406 | -5.0% |
| Trade debts | 44 | €45,303 | €49,167 | +€3,864 | +8.5% |
| Suppliers | 440/4 | €45,303 | €49,167 | +€3,864 | +8.5% |
| Taxes, remuneration and social security | 45 | €36,017 | €10,963 | -€25,053 | -69.6% |
| Taxes | 450/3 | €36,017 | €10,963 | -€25,053 | -69.6% |
| Other amounts payable | 47/48 | €17,589 | €367 | -€17,223 | -97.9% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €150,592 | €187,278 | +€36,685 | +24.4% |
| Other operating charges | 640/8 | €4,105 | €5,127 | +€1,022 | +24.9% |
| Gross operating margin | 9900 | €214,709 | €232,968 | +€18,260 | +8.5% |
| Operating profit (loss) | 9901 | €60,012 | €40,564 | -€19,448 | -32.4% |
| Financial income | 75/76B | €376 | €604 | +€228 | +60.6% |
| Recurring financial income | 75 | €376 | €604 | +€228 | +60.6% |
| Financial charges | 65/66B | €1,382 | €5,626 | +€4,243 | +307% |
| Recurring financial charges | 65 | €1,382 | €5,626 | +€4,243 | +307% |
| Profit (loss) for the period before taxes | 9903 | €59,006 | €35,543 | -€23,463 | -39.8% |
| Income taxes | 67/77 | €11,895 | €8,259 | -€3,636 | -30.6% |
| Profit (loss) for the period | 9904 | €47,111 | €27,284 | -€19,827 | -42.1% |
| Profit (loss) for the period to be appropriated | 9905 | €47,111 | €27,284 | -€19,827 | -42.1% |
Source: filed annual accounts (NBB), financial years ended 30 June 2024 and 30 June 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 24 October 2026 via checked.be.