LASERTEK: 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.
LASERTEK
Largest movements
- Receivables within one year +€222,193
up €222,193 (+49.5%), from €449,304 to €671,497
of which Trade receivables: +€224,325
- Cash +€67,174
up €67,174 (+60.7%), from €110,612 to €177,786
mainly Depreciation (+€216,899) and Trade debts (+€164,532)
- Tangible fixed assets -€64,063
down €64,063 (-12.5%), from €512,842 to €448,779
of which Plant, machinery and equipment: -€82,981
- Trade debts +€164,532
up €164,532 (+48.2%), from €341,705 to €506,237
- Debts after one year -€160,667
down €160,667 (-99.4%), from €161,639 to €972
of which Other amounts payable: -€100,000
- Tax, wage and social debts +€145,918
up €145,918 (+97.3%), from €149,897 to €295,815
of which Remuneration and social security: +€84,393
- Other debts +€124,386
up €124,386 (+212.2%), from €58,622 to €183,008
- Current portion of long-term debt -€62,667
down €62,667 (-49.6%), from €126,250 to €63,583
- Depreciation -€78,752
down €78,752 (-26.6%), from €295,651 to €216,899
- Gross operating margin -€61,095
down €61,095 (-3.0%), from €2.0m to €2.0m
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.
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.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €1,695,116 | €1,912,675 | +€217,559 | +12.8% |
| Fixed assets | 21/28 | €515,155 | €448,779 | -€66,376 | -12.9% |
| Intangible fixed assets | 21 | €2,313 | €0 | -€2,313 | -100.0% |
| Tangible fixed assets | 22/27 | €512,842 | €448,779 | -€64,063 | -12.5% |
| Plant, machinery and equipment | 23 | €317,516 | €234,535 | -€82,981 | -26.1% |
| Furniture and vehicles | 24 | €100,365 | €134,348 | +€33,983 | +33.9% |
| Other tangible fixed assets | 26 | €94,960 | €79,896 | -€15,064 | -15.9% |
| Current assets | 29/58 | €1,179,961 | €1,463,896 | +€283,935 | +24.1% |
| Stocks and contracts in progress | 3 | €602,092 | €612,568 | +€10,477 | +1.7% |
| Stocks | 30/36 | €558,606 | €592,359 | +€33,753 | +6.0% |
| Contracts in progress | 37 | €43,486 | €20,209 | -€23,277 | -53.5% |
| Amounts receivable within one year | 40/41 | €449,304 | €671,497 | +€222,193 | +49.5% |
| Trade receivables | 40 | €436,226 | €660,550 | +€224,325 | +51.4% |
| Other amounts receivable | 41 | €13,078 | €10,946 | -€2,132 | -16.3% |
| Cash at bank and in hand | 54/58 | €110,612 | €177,786 | +€67,174 | +60.7% |
| Deferred charges and accrued income | 490/1 | €17,953 | €2,044 | -€15,909 | -88.6% |
| Total equity and liabilities | 10/49 | €1,695,116 | €1,912,675 | +€217,559 | +12.8% |
| Equity | 10/15 | €393,478 | €407,805 | +€14,326 | +3.6% |
| Contributions | 10/11 | €111,552 | €111,552 | = | 0.0% |
| Capital | 10 | €111,552 | €111,552 | = | 0.0% |
| Issued capital | 100 | €111,552 | €111,552 | = | 0.0% |
| Reserves | 13 | €120,533 | €120,533 | = | 0.0% |
| Non-distributable reserves | 130/1 | €11,155 | €11,155 | = | 0.0% |
| Legal reserve | 130 | €11,155 | €11,155 | = | 0.0% |
| Distributable reserves | 133 | €109,378 | €109,378 | = | 0.0% |
| Profit (loss) carried forward | 14 | €161,393 | €175,720 | +€14,326 | +8.9% |
| Amounts payable | 17/49 | €1,301,637 | €1,504,870 | +€203,233 | +15.6% |
| Amounts payable after more than one year | 17 | €161,639 | €972 | -€160,667 | -99.4% |
| Financial debts | 170/4 | €61,639 | €972 | -€60,667 | -98.4% |
| Other amounts payable | 178/9 | €100,000 | €0 | -€100,000 | -100.0% |
| Amounts payable within one year | 42/48 | €1,139,998 | €1,503,275 | +€363,276 | +31.9% |
| Current portion of amounts payable after more than one year | 42 | €126,250 | €63,583 | -€62,667 | -49.6% |
| Financial debts | 43 | €463,524 | €454,631 | -€8,893 | -1.9% |
| Credit institutions | 430/8 | €463,524 | €454,631 | -€8,893 | -1.9% |
| Trade debts | 44 | €341,705 | €506,237 | +€164,532 | +48.2% |
| Suppliers | 440/4 | €341,705 | €506,237 | +€164,532 | +48.2% |
| Taxes, remuneration and social security | 45 | €149,897 | €295,815 | +€145,918 | +97.3% |
| Taxes | 450/3 | €0 | €61,525 | +€61,525 | |
| Remuneration and social security | 454/9 | €149,897 | €234,290 | +€84,393 | +56.3% |
| Other amounts payable | 47/48 | €58,622 | €183,008 | +€124,386 | +212.2% |
| Accrued charges and deferred income | 492/3 | €0 | €623 | +€623 | |
| Remuneration, social security and pensions | 62 | €1,684,769 | €1,672,802 | -€11,966 | -0.7% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €295,651 | €216,899 | -€78,752 | -26.6% |
| Other operating charges | 640/8 | €16,251 | €9,344 | -€6,907 | -42.5% |
| Gross operating margin | 9900 | €2,015,990 | €1,954,896 | -€61,095 | -3.0% |
| Operating profit (loss) | 9901 | €19,320 | €55,850 | +€36,530 | +189.1% |
| Financial income | 75/76B | €1,440 | €1,115 | -€325 | -22.6% |
| Recurring financial income | 75 | €1,440 | €1,115 | -€325 | -22.6% |
| Financial charges | 65/66B | €29,285 | €31,585 | +€2,300 | +7.9% |
| Recurring financial charges | 65 | €29,285 | €31,585 | +€2,300 | +7.9% |
| Profit (loss) for the period before taxes | 9903 | -€8,526 | €25,380 | +€33,906 | |
| Income taxes | 67/77 | €4,317 | €11,054 | +€6,736 | +156.0% |
| Profit (loss) for the period | 9904 | -€12,843 | €14,326 | +€27,170 | |
| Profit (loss) for the period to be appropriated | 9905 | -€12,843 | €14,326 | +€27,170 |
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 12 October 2026 via checked.be.