LAS-TECH
ActiveSummary
LAS-TECH has been active since 2003 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €259k and a net result of €113k. Equity is growing by ~4.4% per year across the filed fiscal years. Its solvency ranks better than 24% of 1034 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability83▲+28
Solvency50▲+11
Growth78=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €19k at 30 days acceptable
Liquidity ample (current ratio 2.08 against 1.93 in 2024; short-term debt: 45.7% and cash: 35.4% of total assets), but 74.7% of the assets are financed with debt.
Credit check for your own amount and term
Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 25
Relative position
BE, all sectors
reference
Manufacture of fabricated metal products, except machinery and equipment (NACE 25)
about 50% more bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
25.3%
Return on assets
11.1%
Age of the figures
9 mo
raises risk · Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 24% of 1034 sector peers (2025).
NBB · sector comparisonPosition among 1034 sector peers
Solvency
better than 24%
← weakest
strongest →
neutral · A punctual record breaks
This company filed 9 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 24-08-2026, 24 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
24 d late
2024
84 d early
2023
20 d early
2022
55 d early
2021
46 d early
2020
57 d early
2019
163 d early
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€259k▲ 77.5%
2024 · €146k
2018: €106klowest in 8 years
2019: €124k▲ +16.6% vs 2018
2020: €141k▲ +14.4% vs 2019
2021: €133k▼ -6.2% vs 2020
2022: €119k▼ -10.4% vs 2021
2023: €119k▲ +0.2% vs 2022
2024: €146k▲ +22.7% vs 2023
2025: €259k▲ +77.5% vs 2024highest in 8 years
2018 → 2025
Total assets
€1.02M▼ 2.0%
2024 · €1.04M
2018: €644klowest in 8 years
2019: €871k▲ +35.3% vs 2018
2020: €1.04M▲ +19.4% vs 2019
2021: €921k▼ -11.4% vs 2020
2022: €1.07M▲ +15.8% vs 2021highest in 8 years
2023: €1.01M▼ -5.7% vs 2022
2024: €1.04M▲ +3.8% vs 2023
2025: €1.02M▼ -2.0% vs 2024
2018 → 2025
Net result
€113k▲ 319%
2024 · €27k
2018: €-18klowest in 8 years
2019: €18k▲ +198% vs 2018
2020: €18k▲ +1.5% vs 2019
2021: €-9k▼ -149% vs 2020
2022: €-14k▼ -58.9% vs 2021
2023: €292▲ +102% vs 2022
2024: €27k▲ +9153% vs 2023
2025: €113k▲ +319% vs 2024highest in 8 years
2018 → 2025
Working capital
€506k▲ 7.6%
2024 · €470k
2018: €85k
2019: €53k▼ -37.4% vs 2018lowest in 8 years
2020: €345k▲ +551% vs 2019
2021: €300k▼ -13.0% vs 2020
2022: €332k▲ +10.7% vs 2021
2023: €401k▲ +20.8% vs 2022
2024: €470k▲ +17.2% vs 2023
2025: €506k▲ +7.6% vs 2024highest in 8 years
2018 → 2025
Trend over the years
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€133k-€119k▼ 10.4%€119k▲ 0.2%€146k▲ 22.7%€259k▲ 77.5%
2021: €133k
2022: €119k▼ -10.4% vs 2021lowest in 5 years
2023: €119k▲ +0.2% vs 2022
2024: €146k▲ +22.7% vs 2023
2025: €259k▲ +77.5% vs 2024highest in 5 years
Operating result€20k-€4k▼ 79.1%€35k▲ 743%€86k▲ 147%€190k▲ 121%
2021: €20k
2022: €4k▼ -79.1% vs 2021lowest in 5 years
2023: €35k▲ +743% vs 2022
2024: €86k▲ +147% vs 2023
2025: €190k▲ +121% vs 2024highest in 5 years
Net result€-9k-€-14k▼ 58.9%€292€27k▲ 9,153%€113k▲ 319%
2021: €-9k
2022: €-14k▼ -58.9% vs 2021lowest in 5 years
2023: €292▲ +102% vs 2022
2024: €27k▲ +9153% vs 2023
2025: €113k▲ +319% vs 2024highest in 5 years
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2022 the operating result has climbed three years in a row; 2025 is 121% above 2024 and is the highest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €1.02M
Fixed assets
€50k ▼ 26.5%
Current assets
€973k ▼ 0.2%
Equity and liabilities €1.02M
Equity
€259k ▲ 77.5%
Debt
€764k ▼ 14.9%
Debt's share of the balance-sheet total falls from 86.0% to 74.7%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€216k▲
2024 · €116k
Cash flow
€140k▲
2024 · €57k
Current ratio
2.08▲
2024 · 1.93
Debt to equity
2.95▼
2024 · 6.14
ROE
43.7%▲
2024 · 18.5%
ROA
11.1%▲
2024 · 2.6%
Interest coverage
8.13▲
2024 · 3.98
Debt ≤ 1 year
€467k▼
2024 · €505k
Debt > 1 year
€297k▼
2024 · €358k
Income taxes
€50k▲
2024 · €30k
Staff costs
€78k=
2024 · €78k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Filed annual accounts As filed with the NBB · 2025 against 2024 · 52 lines
Balance sheet
Code20242025
Assets
Total assets20/58€1.04M€1.02M▼
Fixed assets21/28€68k€50k▼
Tangible fixed assets22/27€68k€50k▼
Land and buildings22€18k€20k▲
Plant, machinery and equipment23€43k€24k▼
Furniture and vehicles24€8k€6k▼
Leasing and similar rights25€0-
Current assets29/58€976k€973k▼
Amounts receivable within one year40/41€507k€611k▲
Trade receivables40€475k€574k▲
Other amounts receivable41€32k€37k▲
Cash at bank and in hand54/58€453k€362k▼
Deferred charges and accrued income490/1€15k€148▼
Equity and liabilities
Total equity and liabilities10/49€1.04M€1.02M▼
Equity10/15€146k€259k▲
Contributions10/11€60k€60k=
Reserves13€86k€86k=
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€84k€84k=
Profit (loss) carried forward14-€113k
Amounts payable17/49€898k€764k▼
Amounts payable after more than one year17€358k€297k▼
Financial debts170/4€358k€297k▼
Amounts payable within one year42/48€505k€467k▼
Current portion of amounts payable after more than one year42€7k€38k▲
Financial debts43€23k€42k▲
Credit institutions430/8€23k€42k▲
Trade debts44€461k€371k▼
Suppliers440/4€461k€371k▼
Taxes, remuneration and social security45€12k€16k▲
Taxes450/3€8k€15k▲
Remuneration and social security454/9€5k€928▼
Other amounts payable47/48€2k-
Accrued charges and deferred income492/3€34k-
Income statement
Code20242025
Remuneration, social security and pensions62€78k€78k=
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€30k€26k▼
Other operating charges640/8€6k€7k▲
Non-recurring operating charges66A-€2k
Gross operating margin9900€200k€303k▲
Operating profit (loss)9901€86k€190k▲
Financial income75/76B€22€393▲
Recurring financial income75€22€393▲
Financial charges65/66B€29k€27k▼
Recurring financial charges65€29k€27k▼
Profit (loss) for the period before taxes9903€57k€164k▲
Income taxes67/77€30k€50k▲
Profit (loss) for the period9904€27k€113k▲
Profit (loss) for the period to be appropriated9905€27k€113k▲
Appropriation of the result
Profit (loss) to be appropriated9906€27k€113k▲
Transfer to equity691/2€27k-
To other reserves6921€27k-
The notes to these accounts (10 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Accounts by statement
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Non-recurring operating income76A | €16k | €9k | €20k | - | - | - |
| Remuneration, social security and pensions62 | €100k | €108k | €91k | €78k | €78k | = |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €22k | €24k | €33k | €30k | €26k | ▼ 12.7% |
| Other operating charges640/8 | €12k | €7k | €12k | €6k | €7k | ▲ 10.6% |
| Non-recurring operating charges66A | - | - | €423 | - | €2k | - |
| Gross operating margin9900 | €153k | €144k | €171k | €200k | €303k | ▲ 51.4% |
| Operating profit (loss)9901 | €20k | €4k | €35k | €86k | €190k | ▲ 121% |
| Financial income75/76B | €241 | €4k | €3k | €22 | €393 | ▲ 1,716% |
| Recurring financial income75 | €241 | €4k | €3k | €22 | €393 | ▲ 1,716% |
| Financial charges65/66B | €19k | €20k | €27k | €29k | €27k | ▼ 8.9% |
| Recurring financial charges65 | €19k | €20k | €27k | €29k | €27k | ▼ 8.9% |
| Profit (loss) for the period before taxes9903 | €1k | €-11k | €10k | €57k | €164k | ▲ 188% |
| Income taxes67/77 | €10k | €3k | €10k | €30k | €50k | ▲ 69.0% |
| Profit (loss) for the period9904 | €-9k | €-14k | €292 | €27k | €113k | ▲ 319% |
| Transfer from tax-exempt reserves789 | €10k | - | - | - | - | - |
| Profit (loss) for the period to be appropriated9905 | €913 | €-14k | €292 | €27k | €113k | ▲ 319% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €921k | €1.07M | €1.01M | €1.04M | €1.02M | ▼ 2.0% |
| Fixed assets21/28 | €94k | €103k | €83k | €68k | €50k | ▼ 26.5% |
| Tangible fixed assets22/27 | €94k | €103k | €83k | €68k | €50k | ▼ 26.5% |
| Land and buildings22 | €23k | €21k | €19k | €18k | €20k | ▲ 9.9% |
| Plant, machinery and equipment23 | €49k | €52k | €48k | €43k | €24k | ▼ 43.1% |
| Furniture and vehicles24 | €22k | €30k | €15k | €8k | €6k | ▼ 18.4% |
| Leasing and similar rights25 | - | - | - | €0 | - | - |
| Current assets29/58 | €827k | €964k | €922k | €976k | €973k | ▼ 0.2% |
| Stocks and contracts in progress3 | €41k | €71k | €64k | - | - | - |
| Stocks30/36 | €25k | €15k | €21k | - | - | - |
| Contracts in progress37 | €16k | €56k | €44k | - | - | - |
| Amounts receivable within one year40/41 | €498k | €571k | €545k | €507k | €611k | ▲ 20.6% |
| Trade receivables40 | €390k | €502k | €475k | €475k | €574k | ▲ 20.8% |
| Other amounts receivable41 | €108k | €68k | €70k | €32k | €37k | ▲ 17.1% |
| Cash at bank and in hand54/58 | €287k | €309k | €293k | €453k | €362k | ▼ 20.2% |
| Deferred charges and accrued income490/1 | €1k | €12k | €20k | €15k | €148 | ▼ 99.0% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €921k | €1.07M | €1.01M | €1.04M | €1.02M | ▼ 2.0% |
| Equity10/15 | €133k | €119k | €119k | €146k | €259k | ▲ 77.5% |
| Contributions10/11 | €62k | €60k | €60k | €60k | €60k | = |
| Outside capital11 | - | - | €60k | - | - | - |
| Other1109/19 | - | - | €60k | - | - | - |
| Reserves13 | - | €59k | €59k | €86k | €86k | = |
| Non-distributable reserves130/1 | - | €2k | €2k | €2k | €2k | = |
| Reserves not available under the articles1311 | - | €2k | €2k | €2k | €2k | = |
| Distributable reserves133 | - | €57k | €57k | €84k | €84k | = |
| Profit (loss) carried forward14 | €71k | - | - | - | €113k | - |
| Amounts payable17/49 | €788k | €948k | €886k | €898k | €764k | ▼ 14.9% |
| Amounts payable after more than one year17 | €261k | €316k | €365k | €358k | €297k | ▼ 17.1% |
| Financial debts170/4 | €255k | €310k | €365k | €358k | €297k | ▼ 17.1% |
| Other amounts payable178/9 | €6k | €6k | - | - | - | - |
| Amounts payable within one year42/48 | €527k | €632k | €521k | €505k | €467k | ▼ 7.6% |
| Current portion of amounts payable after more than one year42 | €3k | €4k | €7k | €7k | €38k | ▲ 441% |
| Financial debts43 | €9k | €14k | €10k | €23k | €42k | ▲ 80.8% |
| Credit institutions430/8 | €9k | €14k | €10k | €23k | €42k | ▲ 80.8% |
| Trade debts44 | €503k | €603k | €503k | €461k | €371k | ▼ 19.5% |
| Suppliers440/4 | €503k | €603k | €503k | €461k | €371k | ▼ 19.5% |
| Taxes, remuneration and social security45 | €12k | €10k | €1k | €12k | €16k | ▲ 27.3% |
| Taxes450/3 | €4k | €4k | €1k | €8k | €15k | ▲ 92.6% |
| Remuneration and social security454/9 | €8k | €6k | €395 | €5k | €928 | ▼ 80.1% |
| Other amounts payable47/48 | - | - | - | €2k | - | - |
| Accrued charges and deferred income492/3 | - | - | - | €34k | - | - |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €-9k | €-14k | €292 | €27k | €113k | ▲ 319% |
| + Depreciation and write-downs630 | €22k | €24k | €33k | €30k | €26k | ▼ 12.7% |
| Operating cash flow (approximation) | €13k | €10k | €33k | €57k | €140k | ▲ 144% |
| Investment in fixed assets (approximation) | - | €-33k | €-13k | €-15k | €-8k | ▲ 45.5% |
| Change in cash | - | €23k | €-16k | €161k | €-92k | ▼ 157% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
24-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 24 days late
2025
31-12
Financial
Highest result since 2018net €113k ▲319%
Operating result €190k, net result €113k, both a record.
31-12
Financial
Equity above €200kEq €259k ▲77.5%
3 profitable years in a row build equity to €259k.
08-05
NBB filing
Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
11-07
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial
Back to profitnet €292
Net result €292 after 2 loss-making years.
06-06
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
15-06
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
04-06
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
19-02
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €18k
Net result €18k after one loss-making year.
04-06
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
13-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
04-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Geel · 1 establishment unit since 2003
Ground area
1,015 m²
Building footprint
183 m²
Volume, LiDAR
1,096 m³
Parcel 13373L0076/00V000, Flanders · tallest building 9.3 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
Steenovens 28, 2440 Geel
since 20032.126.594.445
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 13373L0076/00V000 | Flanders | 1,015 m² | 1 · 183 m² | 9.3 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Recognitions · licences · registrations
Recognised contractor
3 categoriesLAS-TECH BV42982
Legal Entity Identifier
984500F0NF8CEA9KA481
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Of 981 companies in sector 25401 we hold annual accounts for 407. 320 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPrivate limited company (pre-2019)
Founded04-03-2003
Fiscal year end31-12
Activities, NACEBEL 2025
25401Forging of metal
25530Machining of metals
25120Manufacture of fabricated metal products, except machinery and equipment
25639Manufacture of fabricated metal products, except machinery and equipment
43320Joinery installation
Scores and ratios are computed by Checked and are not a credit decision.