LASER SYSTEM EUROPE
ActiveLASER SYSTEM EUROPE has been active since 1993 and the Belgian State Gazette contains no insolvency or warning signals. The 2024 annual accounts show equity of €2.31M and a net result of €-361k. Equity remains stable across the filed fiscal years (±0.9% per year). Its solvency ranks better than 48% of 5989 sector peers (fiscal year 2024). The computed 12-month bankruptcy probability is 0.8% (low).
Checked score
Score 2024
64
/ 100
Healthy
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2023
Profitability61▼-15
Solvency65▼-5
Growth52▼-26
Track record100
Bankruptcy probability, 12 months
0.8%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €140k at 30 days acceptable
Liquidity tight (current ratio 1.07 against 1.17 in 2023; short-term debt: 48% and cash: 18.4% of total assets), and 60.3% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Seven signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 46
Relative position
BE, all sectors
reference
Sector 46
higher
← fewer bankruptcies
more bankruptcies →
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2024Solvency, return and age of the figures
Solvency
39.7%
Return on assets
-6.2%
Age of the figures
21 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 25-09-2025, 56 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
56 d late
2023
30 d late
2022
66 d late
2021
68 d early
2020
31 d late
2019
60 d late
← before the deadline
after the deadline →
Financials · fiscal year 2024, full schema
Turnover
Not included in this filing
EBIT margin
Not included in this filing
Net result
€-361k
2023 · €368k
2018: €6k
2019: €342k
2020: €91k
2021: €-222k
2022: €1.61M
2023: €368k
2018 → 2024
Working capital
€190k▼ 61.8%
2023 · €498k
2018: €1.58M
2019: €2.06M
2020: €2.26M
2021: €494k
2022: €283k
2023: €498k
2018 → 2024
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20202021202220232024Trend
Equity€2.66M-€2.44M▼ 8.3%€2.75M▲ 12.7%€2.67M▼ 3.0%€2.31M▼ 13.5%
Operating result€108k-€-275k€1.84M€469k▼ 74.6%€-225k
Net result€91k-€-222k€1.61M€368k▼ 77.1%€-361k
Result per fiscal year
Operating resultNet result
The operating result turns negative in 2024: a loss of €225k after €469k in 2023.
Balance-sheet composition
2024 in colour, 2023 as the grey bar beneath
Assets €5.81M
Fixed assets
€2.83M▲ 8.7%
Current assets
€2.98M▼ 11.0%
Equity and liabilities €5.81M
Equity
€2.31M▼ 13.5%
Provisions
€15k▼ 6.3%
Debt
€3.49M▲ 6.7%
The debt ratio rises from 55.0% to 60.1%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€1.17M▼
2023 · €1.77M
Cash flow
€1.04M▼
2023 · €1.67M
Solvency
39.7%▼
2023 · 44.8%
Current ratio
1.07▼
2023 · 1.17
Quick ratio
0.90▼
2023 · 1.06
Debt / equity
1.51▲
2023 · 1.23
ROE
-15.7%▼
2023 · 13.8%
ROA
-6.2%▼
2023 · 6.2%
Interest coverage
45.51▼
2023 · 73.23
Debt
€3.49M▲
2023 · €3.27M
Debt ≤ 1 year
€2.79M▼
2023 · €2.85M
Debt > 1 year
€703k▲
2023 · €419k
Staff costs
€396k▲
2023 · €391k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2024 against 2023
Balance sheet
Code20232024
Assets
Total assets20/58€5.96M€5.81M▼
Fixed assets21/28€2.61M€2.83M▲
Intangible fixed assets21€16k€10k▼
Tangible fixed assets22/27€2.58M€2.82M▲
Land and buildings22€584k€565k▼
Plant, machinery and equipment23€88k€206k▲
Furniture and vehicles24€1.91M€2.05M▲
Financial fixed assets28€9k€4k▼
Current assets29/58€3.35M€2.98M▼
Stocks and contracts in progress3€315k€475k▲
Contracts in progress37€315k€475k▲
Amounts receivable within one year40/41€1.07M€1.22M▲
Trade receivables40€582k€698k▲
Other amounts receivable41€491k€518k▲
Current investments50/53€152k€152k▲
Cash at bank and in hand54/58€1.75M€1.07M▼
Deferred charges and accrued income490/1€58k€68k▲
Equity and liabilities
Total equity and liabilities10/49€5.96M€5.81M▼
Equity10/15€2.67M€2.31M▼
Contributions10/11€19k€19k=
Reserves13€417k€414k▼
Tax-exempt reserves132€265k€262k▼
Distributable reserves133€152k€152k=
Profit (loss) carried forward14€2.23M€1.87M▼
Provisions and deferred taxes16€16k€15k▼
Deferred taxes168€16k€15k▼
Amounts payable17/49€3.27M€3.49M▲
Amounts payable after more than one year17€419k€703k▲
Financial debts170/4€419k€703k▲
Amounts payable within one year42/48€2.85M€2.79M▼
Current portion of amounts payable after more than one year42€250k€350k▲
Trade debts44€607k€700k▲
Suppliers440/4€607k€700k▲
Advances received on contracts in progress46€1.13M€1.66M▲
Taxes, remuneration and social security45€198k€58k▼
Taxes450/3€156k€6k▼
Remuneration and social security454/9€42k€51k▲
Other amounts payable47/48€670k€22k▼
Accrued charges and deferred income492/3€3k-
Income statement
Code20232024
Remuneration, social security and pensions62€391k€396k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€1.30M€1.40M▲
Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4€-384€-131k▼
Other operating charges640/8€14k€14k▲
Non-recurring operating charges66A€750€4k▲
Gross operating margin9900€2.17M€1.46M▼
Operating profit (loss)9901€469k€-225k▼
Financial income75/76B€33k€20k▼
Recurring financial income75€33k€20k▼
Financial charges65/66B€24k€157k▲
Recurring financial charges65€24k€26k▲
Non-recurring financial charges66B-€132k
Profit (loss) for the period before taxes9903€478k€-362k▼
Transfer from deferred taxes780€997€997=
Income taxes67/77€111k-
Profit (loss) for the period9904€368k€-361k▼
Transfer from tax-exempt reserves789€3k€3k=
Profit (loss) for the period to be appropriated9905€371k€-358k▼
Appropriation of the result
Profit (loss) to be appropriated9906€2.68M€1.87M▼
Profit (loss) brought forward from the previous period14P€2.31M€2.23M▼
Profit to be distributed694/7€450k-
Return on contributions (dividend)694€450k-
Social balance
Average headcount (FTE)90875.15.1=
The notes to these accounts (23 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2025
25-09
NBB filing
Annual accounts filed
fiscal year 2024 · full schema · 56 days late
2024
31-12
Financial
Weakest financial yearnet €-361k ▼198%
Net result drops to €-361k, the lowest in the series.
30-08
NBB filing
Annual accounts filed
fiscal year 2023 · full schema · 30 days late
2023
05-10
NBB filing
Annual accounts filed
fiscal year 2022 · full schema · 66 days late
2022
31-12
Financial
Back to profitnet €1.61M
Net result €1.61M after one loss-making year.
24-05
NBB filing
Annual accounts filed
fiscal year 2021 · full schema
2021
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · full schema · 31 days late
2020
29-09
NBB filing
Annual accounts filed
fiscal year 2019 · full schema · 60 days late
2019
29-08
NBB filing
Annual accounts filed
fiscal year 2018 · full schema · 29 days late
2018
27-09
NBB filing
Annual accounts filed
fiscal year 2017 · full schema · 58 days late
2017
28-09
NBB filing
Annual accounts filed
fiscal year 2016 · full schema · 59 days late
2016
05-10
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 66 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
3 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, Lasne · 2 establishment units since 1994
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Rue aux Fleurs 1C1380 LasneGround area
3,936 m²
Building footprint
1,069 m²
Volume, LiDAR
2,958 m³
3 parcels, Wallonia · tallest building 6.1 m, ±1 floor. Linked by address, not a title deed.
2 establishment units
Rue aux Fleurs 1 C, 1380 Lasne
since 19942.061.909.006
Laser System Europe
since 20092.202.237.025
3 parcels
Wallonia
3
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 25743G0179/00M000 | Wallonia | 2,205 m² | 1 · 766 m² | 6.1 m · 1 fl. |
| 25076A0243/00R000 | Wallonia | 910 m² | 1 · 206 m² | - |
| 25076A0237/00V000 | Wallonia | 821 m² | 1 · 96 m² | - |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 2
3 of 3 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 4,422 companies in sector 46180 we hold annual accounts for 1,886. 596 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded07-04-1993
Fiscal year end31-12
Activities, NACEBEL
46180Agents specialised in the wholesale of other particular products
51180
90393Specialised image, lighting and sound technical services
92313
46643Wholesale of electrical equipment, including installation materials
Sources
Crossroads Bank for EnterprisesNational Bank · 32 filingsAddress and cadastre registers
Data from official sources, last processed on 23-09-2026. Scores and ratios are computed by Checked and are not a credit decision.