LASERE: what changed
Two fiscal 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.
What changed
LASERE
NACE 25.402, Manufacture of fabricated metal products, except machinery and equipment
fiscal year 2024 against 2025filed annual accounts (NBB)
Net result for the year
€1.1m
2024 · €167,904+€935,198
Equity
€5.2m
2024 · €3.9m+€1.3m
Cash
€638,561
2024 · €526,725+€111,836
Balance sheet total
€12.9m
2024 · €11.4m+€1.6m
Largest movements
Assets
- Tangible fixed assets +€1.1m
up €1.1m (+14.6%), from €7.2m to €8.3m
of which Leasing and similar rights: +€1.2m
- Receivables within one year +€737,010
up €737,010 (+65.6%), from €1.1m to €1.9m
of which Trade receivables: +€388,392
- Financial fixed assets -€403,506
down €403,506 (-21.2%), from €1.9m to €1.5m
of which Affiliated companies: -€405,000
Equity and liabilities
- Short-term financial debts -€1.2m
no longer reported in 2025 (was €1.2m)
- Reserves +€853,084
up €853,084 (+1066.4%), from €80,000 to €933,084
of which Tax-exempt reserves: +€853,084
- Debts after one year +€820,556
up €820,556 (+18.1%), from €4.5m to €5.4m
- Provisions +€284,361
new in 2025: €284,361
- Profit (loss) carried forward +€250,017
up €250,017 (+8.4%), from €3.0m to €3.2m
Income statement
- Turnover +€702,845
up €702,845 (+14.1%), from €5.0m to €5.7m
- Goods and materials +€318,607
up €318,607 (+12.9%), from €2.5m to €2.8m
of which Purchases: +€378,372
- Financial income +€227,902
up €227,902 (+1221.1%), from €18,663 to €246,565
of which Non-recurring financial income: +€225,000
- Financial charges +€177,915
up €177,915 (+161.7%), from €110,023 to €287,938
of which Financial charges: +€180,876
- Staff costs +€165,840
up €165,840 (+13.6%), from €1.2m to €1.4m
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.
Result 2024
€167,904
Turnover
+€702,845
Other operating income
-€32,681
Goods and materials
-€318,607
Services and other goods
+€57,569
Staff costs
-€165,840
Depreciation
-€119,280
Write-downs
+€9,852
Other operating charges
-€111,945
Other operating items
+€1.1m
Financial income
+€227,902
Financial charges
-€177,915
Taxes
+€60,494
Deferred taxes and other
-€284,361
Result 2025
€1.1m
Cash bridge derived
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.
From operations
+€1.3m
Investment
-€1.1m
Financing
-€25,209
Cash 2024
€526,725
From operations (derived)
+€1.3m
Net result for the year
+€1.1m
Depreciation
+€455,039
Stocks and contracts
+€19,201
Receivables within one year
-€737,010
Deferred charges and accrued income
-€47,171
Provisions
+€284,361
Trade debts
+€128,508
Tax, wage and social debts
+€73,725
Accrued charges and deferred income
-€705
Investment (derived)
-€1.1m
Investment in fixed assets (net)
-€1.1m
Financing
-€25,209
Debts after one year
+€820,556
Current portion of long-term debt
+€189,822
Short-term financial debts
-€1.2m
Contributions, distributions and other
+€164,413
Cash 2025
€638,561
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €11,364,047 | €12,927,828 | +€1.6m | +13.8% |
| Fixed assets | 21/28 | €9,232,463 | €9,919,429 | +€686,966 | +7.4% |
| Intangible fixed assets | 21 | €75,687 | €111,293 | +€35,606 | +47.0% |
| Tangible fixed assets | 22/27 | €7,249,160 | €8,304,026 | +€1.1m | +14.6% |
| Land and buildings | 22 | €4,470,753 | €4,599,907 | +€129,155 | +2.9% |
| Plant, machinery and equipment | 23 | €1,714,435 | €1,404,755 | -€309,681 | -18.1% |
| Furniture and vehicles | 24 | €50,151 | €41,894 | -€8,257 | -16.5% |
| Leasing and similar rights | 25 | €1,013,821 | €2,257,470 | +€1.2m | +122.7% |
| Financial fixed assets | 28 | €1,907,616 | €1,504,110 | -€403,506 | -21.2% |
| Affiliated companies | 280/1 | €1,907,000 | €1,502,000 | -€405,000 | -21.2% |
| Participating interests | 280 | €1,907,000 | €1,502,000 | -€405,000 | -21.2% |
| Other financial fixed assets | 284/8 | €616 | €2,110 | +€1,494 | +242.5% |
| Amounts receivable and cash guarantees | 285/8 | €616 | €2,110 | +€1,494 | +242.5% |
| Current assets | 29/58 | €2,131,584 | €3,008,399 | +€876,816 | +41.1% |
| Stocks and contracts in progress | 3 | €449,731 | €430,530 | -€19,201 | -4.3% |
| Stocks | 30/36 | €399,637 | €404,128 | +€4,491 | +1.1% |
| Goods purchased for resale | 34 | €399,637 | €404,128 | +€4,491 | +1.1% |
| Contracts in progress | 37 | €50,095 | €26,402 | -€23,692 | -47.3% |
| Amounts receivable within one year | 40/41 | €1,123,615 | €1,860,625 | +€737,010 | +65.6% |
| Trade receivables | 40 | €685,098 | €1,073,490 | +€388,392 | +56.7% |
| Other amounts receivable | 41 | €438,517 | €787,135 | +€348,618 | +79.5% |
| Cash at bank and in hand | 54/58 | €526,725 | €638,561 | +€111,836 | +21.2% |
| Deferred charges and accrued income | 490/1 | €31,512 | €78,683 | +€47,171 | +149.7% |
| Total equity and liabilities | 10/49 | €11,364,047 | €12,927,828 | +€1.6m | +13.8% |
| Equity | 10/15 | €3,891,494 | €5,159,008 | +€1.3m | +32.6% |
| Contributions | 10/11 | €800,000 | €800,000 | = | 0.0% |
| Capital | 10 | €800,000 | €800,000 | = | 0.0% |
| Issued capital | 100 | €800,000 | €800,000 | = | 0.0% |
| Reserves | 13 | €80,000 | €933,084 | +€853,084 | +1066.4% |
| Non-distributable reserves | 130/1 | €80,000 | €80,000 | = | 0.0% |
| Legal reserve | 130 | €80,000 | €80,000 | = | 0.0% |
| Tax-exempt reserves | 132 | - | €853,084 | +€853,084 | |
| Profit (loss) carried forward | 14 | €2,966,793 | €3,216,810 | +€250,017 | +8.4% |
| Investment grants | 15 | €44,700 | €209,113 | +€164,413 | +367.8% |
| Provisions and deferred taxes | 16 | - | €284,361 | +€284,361 | |
| Deferred taxes | 168 | - | €284,361 | +€284,361 | |
| Amounts payable | 17/49 | €7,472,553 | €7,484,459 | +€11,906 | +0.2% |
| Amounts payable after more than one year | 17 | €4,542,920 | €5,363,476 | +€820,556 | +18.1% |
| Financial debts | 170/4 | €4,542,920 | €5,363,476 | +€820,556 | +18.1% |
| Leasing and similar obligations | 172 | €563,593 | €1,649,906 | +€1.1m | +192.7% |
| Credit institutions | 173 | €3,979,327 | €3,713,570 | -€265,757 | -6.7% |
| Amounts payable within one year | 42/48 | €2,926,568 | €2,118,623 | -€807,945 | -27.6% |
| Current portion of amounts payable after more than one year | 42 | €662,392 | €852,214 | +€189,822 | +28.7% |
| Financial debts | 43 | €1,200,000 | - | -€1.2m | |
| Credit institutions | 430/8 | €1,200,000 | - | -€1.2m | |
| Trade debts | 44 | €812,035 | €940,542 | +€128,508 | +15.8% |
| Suppliers | 440/4 | €812,035 | €940,542 | +€128,508 | +15.8% |
| Taxes, remuneration and social security | 45 | €252,142 | €325,867 | +€73,725 | +29.2% |
| Taxes | 450/3 | €68,178 | €133,207 | +€65,029 | +95.4% |
| Remuneration and social security | 454/9 | €183,964 | €192,660 | +€8,696 | +4.7% |
| Accrued charges and deferred income | 492/3 | €3,065 | €2,360 | -€705 | -23.0% |
| Operating income | 70/76A | €5,058,782 | €6,989,080 | +€1.9m | +38.2% |
| Turnover | 70 | €4,991,972 | €5,694,817 | +€702,845 | +14.1% |
| Change in stocks of work in progress, finished goods and contracts in progress | 71 | -€7,436 | -€23,692 | -€16,256 | -218.6% |
| Other operating income | 74 | €74,179 | €41,498 | -€32,681 | -44.1% |
| Non-recurring operating income | 76A | €68 | €1,276,458 | +€1.3m | +1869072.5% |
| Operating charges | 60/66A | €4,716,795 | €5,538,015 | +€821,220 | +17.4% |
| Goods for resale, raw materials and consumables | 60 | €2,464,898 | €2,783,505 | +€318,607 | +12.9% |
| Purchases | 600/8 | €2,409,624 | €2,787,996 | +€378,372 | +15.7% |
| Change in stocks: decrease (increase) | 609 | €55,274 | -€4,491 | -€59,765 | |
| Services and other goods | 61 | €671,753 | €614,184 | -€57,569 | -8.6% |
| Remuneration, social security and pensions | 62 | €1,220,798 | €1,386,638 | +€165,840 | +13.6% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €335,758 | €455,039 | +€119,280 | +35.5% |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals) | 631/4 | €5,870 | -€3,982 | -€9,852 | |
| Other operating charges | 640/8 | €17,717 | €129,662 | +€111,945 | +631.8% |
| Non-recurring operating charges | 66A | - | €172,969 | +€172,969 | |
| Operating profit (loss) | 9901 | €341,987 | €1,451,065 | +€1.1m | +324.3% |
| Financial income | 75/76B | €18,663 | €246,565 | +€227,902 | +1221.1% |
| Recurring financial income | 75 | €18,663 | €21,565 | +€2,902 | +15.5% |
| Income from current assets | 751 | €7,320 | €3,680 | -€3,640 | -49.7% |
| Other financial income | 752/9 | €11,344 | €17,885 | +€6,541 | +57.7% |
| Non-recurring financial income | 76B | - | €225,000 | +€225,000 | |
| Financial charges | 65/66B | €110,023 | €287,938 | +€177,915 | +161.7% |
| Recurring financial charges | 65 | €93,006 | €273,881 | +€180,876 | +194.5% |
| Debt charges | 650 | €52,476 | €268,332 | +€215,856 | +411.3% |
| Other financial charges | 652/9 | €40,530 | €5,550 | -€34,980 | -86.3% |
| Non-recurring financial charges | 66B | €17,017 | €14,056 | -€2,961 | -17.4% |
| Profit (loss) for the period before taxes | 9903 | €250,628 | €1,409,693 | +€1.2m | +462.5% |
| Transfer from deferred taxes | 780 | - | €9,795 | +€9,795 | |
| Transfer to deferred taxes | 680 | - | €294,157 | +€294,157 | |
| Income taxes | 67/77 | €82,724 | €22,230 | -€60,494 | -73.1% |
| Taxes | 670/3 | €82,724 | €22,230 | -€60,494 | -73.1% |
| Profit (loss) for the period | 9904 | €167,904 | €1,103,102 | +€935,198 | +557.0% |
| Transfer from tax-exempt reserves | 789 | - | €29,386 | +€29,386 | |
| Transfer to tax-exempt reserves | 689 | - | €882,471 | +€882,471 | |
| Profit (loss) for the period to be appropriated | 9905 | €167,904 | €250,017 | +€82,113 | +48.9% |
Source: filed annual accounts (NBB), fiscal years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 6 October 2026 via checked.be.