ACTIVE

EUROPEAN LASER APPLICATIONS SYSTEMS

Financial year 2025 · closed on 31/03/2025
Net result
-609,6 k €
-135.3% YoY
Revenue
13,2 M €
-37.2% YoY
Equity
1,8 M €
-24.9% YoY
Workforce
14,7 ETP
-9.8% YoY

What does EUROPEAN LASER APPLICATIONS SYSTEMS do?

EUROPEAN LASER APPLICATIONS SYSTEMS is a Private limited company incorporated in 1989. Its main activity is: Manufacture of metal forming machinery. Its registered office is in Mouscron. It employs on average 14,7 ETP workers (FTE).

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0436.952.732
Incorporation
21/03/1989
Legal form
Private limited company
Registered office
Rue de l'Abattoir 53-59
7700 Mouscron · WallonieSee on map
Contributed capital
2 646 683,21 €
Latest accounts
31/03/2025
Average workforce
14,7 ETP
Joint committees (4)
  • 111
  • 11101
  • 209
  • 20900
Signals
Healthy social debtsHigh revenue
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 18 financial years

202520242023202220202019201820172016201520142013201220112010200920082007
Income statement
Revenue13,2 M €21,1 M €24,7 M €23,3 M €8,3 M €7,7 M €7,1 M €7,1 M €6,3 M €6,3 M €6,4 M €6,1 M €1,4 M €4,7 M €2,8 M €1,6 M €
EBITDA-429,4 k €224,2 k €177,8 k €193,2 k €644,5 k €773,9 k €627 k €506,6 k €437,1 k €173,5 k €131,2 k €761,8 k €66,1 k €1,5 M €469,3 k €713,4 k €74,9 k €-331,2 k €
Operating result-508,6 k €33,9 k €62 k €133,5 k €306,3 k €618,3 k €320,7 k €195,6 k €184 k €-318,8 k €-371,1 k €-233 k €-402 k €162,9 k €23,6 k €485,3 k €-152,8 k €-555,9 k €
Net result-609,6 k €-259 k €-2,6 k €68,2 k €281,6 k €625,4 k €350,1 k €236,5 k €220,7 k €-109,7 k €-317,6 k €-315,4 k €-337,4 k €232,5 k €88,2 k €360,2 k €-270,6 k €-913 k €
Balance sheet
Equity1,8 M €2,4 M €2,7 M €2,7 M €2,4 M €2,1 M €1,5 M €1,2 M €1 M €862,2 k €-896,7 k €-429 k €-198,2 k €232,7 k €-189,1 k €-247 k €-576,8 k €-275,6 k €
Total assets10,2 M €13 M €13,8 M €12,2 M €10,2 M €7,8 M €7,5 M €5,6 M €5,1 M €5,5 M €6 M €7,3 M €7,7 M €9,4 M €6,9 M €7,4 M €6,7 M €7,2 M €
Cash329,4 k €317,6 k €492,9 k €409 k €258,7 k €99,6 k €125,7 k €37,3 k €18 k €2,9 k €55,4 k €15,5 k €38,4 k €23,1 k €4,3 k €248,9 €19,7 k €84 €
Debts8,3 M €10,4 M €11,1 M €9,5 M €7,8 M €5,7 M €6 M €4,4 M €4,1 M €4,6 M €5,9 M €6,8 M €7 M €8,3 M €6,2 M €6,9 M €6,7 M €6,8 M €
Other
Workforce14,7 ETP16,3 ETP46,9 ETP44,2 ETP44,9 ETP38,6 ETP35,7 ETP35,2 ETP30,9 ETP26,8 ETP26,8 ETP28,0 ETP31,9 ETP34,3 ETP19,6 ETP14,8 ETP17,3 ETP14,4 ETP
Estimate

Indicative valuation

As an indication, this company is worth

between 1 M€ and 2,5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 21 ended

Active mandates

F.M.K.

Director · since 05 septembre 2025 · until 05 septembre 2031 · 0446.681.832

Represented by Havegeer FRANCKY

Active
Haco

Managing director · since 05 septembre 2025 · until 05 septembre 2031 · 0405.568.183

Represented by Kurt HAVEGEER

Active

Ended mandates

F.M.K.

Director · since 30 octobre 2020 · until 05 septembre 2025 · 0446.681.832

Represented by Havegeer FRANCKY

Ended
F.M.K.

Director · since 30 octobre 2020 · until 05 septembre 2025 · 0446.681.832

Represented by Havegeer FRANCKY

Ended
F.M.K.

Director · since 24 octobre 2019 · until 30 septembre 2020 · 0446.681.832

Represented by FRANCKY HAVEGEER

Ended
Haco

Managing director · since 24 octobre 2019 · until 05 septembre 2025 · 0405.568.183

Represented by Rogier Havegeer

Ended
At this address

Other companies at this address

CompanyCBE no.
1038.425.778
Annual accounts

Full financial information

202520242023202220212020
Type of accountFull modelFull modelFull modelFull modelAbridged modelAbridged model
Start of the financial year01/04/202401/04/202301/04/202201/04/202101/04/202001/04/2019
Closing of the financial year31/03/202531/03/202431/03/202331/03/202231/03/202131/03/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date08/12/202528/10/202430/10/202326/09/202205/10/202109/11/2020
General meeting14/11/202525/10/202427/10/202323/09/202224/09/202130/10/2020
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/03/202514/11/202508/12/2025FrenchPDF
Full model31/03/202425/10/202428/10/2024FrenchPDF
Full model31/03/202327/10/202330/10/2023FrenchPDF
Full model31/03/202223/09/202226/09/2022FrenchPDF
Abridged model31/03/202124/09/202105/10/2021FrenchPDF
Abridged model31/03/202030/10/202009/11/2020FrenchPDF
Abridged model31/03/201924/10/201930/10/2019FrenchPDF
Full model31/03/201828/09/201825/10/2018FrenchPDF
Full model31/03/201729/09/201712/10/2017FrenchPDF
Full model31/03/201630/09/201620/10/2016FrenchPDF
Full model31/03/201504/09/201515/09/2015FrenchPDF
Full model31/03/201405/09/201415/09/2014FrenchPDF
Full model31/03/201306/09/201327/09/2013FrenchPDF
Full model31/03/201207/09/201213/09/2012FrenchPDF
Full model31/03/201102/09/201121/09/2011FrenchPDF
Full model31/03/201003/09/201024/09/2010FrenchPDF
Full model31/03/200904/09/200925/09/2009FrenchPDF
Full model31/03/200805/09/200801/10/2008FrenchPDF
Full model31/03/200707/09/200719/09/2007FrenchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 1 M€ and 2,5 M€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 31/03/2025 · 2 active · 21 ended

Active mandates

F.M.K.

Director · since 05 septembre 2025 · until 05 septembre 2031 · 0446.681.832

Represented by Havegeer FRANCKY

Active
Haco

Managing director · since 05 septembre 2025 · until 05 septembre 2031 · 0405.568.183

Represented by Kurt HAVEGEER

Active

Ended mandates

F.M.K.

Director · since 30 octobre 2020 · until 05 septembre 2025 · 0446.681.832

Represented by Havegeer FRANCKY

Ended
F.M.K.

Director · since 30 octobre 2020 · until 05 septembre 2025 · 0446.681.832

Represented by Havegeer FRANCKY

Ended
F.M.K.

Director · since 24 octobre 2019 · until 30 septembre 2020 · 0446.681.832

Represented by FRANCKY HAVEGEER

Ended
Haco

Managing director · since 24 octobre 2019 · until 05 septembre 2025 · 0405.568.183

Represented by Rogier Havegeer

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Other11/09/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES
    PDF
  • Capital / shares21/05/2026
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …) - DIVERS - CAPITAL, ACTIONS
    PDF
  • Mandates31/07/2025
    DEMISSIONS, NOMINATIONS
    PDF
  • Other25/01/2024
    STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, …)
    PDF
  • Mandates19/01/2023
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/10/2021
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates05/03/2020
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates10/12/2019
    DEMISSIONS, NOMINATIONS
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025-609,6 k €
  2. 2024
    Annual accounts 2024-259 k €
  3. 2023
    Annual accounts 2023-2,6 k €
  4. 2022
    Annual accounts 202268,2 k €
  5. 2020
    Annual accounts 2020281,6 k €
  6. 2019
    Annual accounts 2019625,4 k €
  7. 2018
    Annual accounts 2018350,1 k €
  8. 2017
    Annual accounts 2017236,5 k €
  9. 2016
    Annual accounts 2016220,7 k €
  10. 2015
    Annual accounts 2015-109,7 k €
  11. 2014
    Annual accounts 2014-317,6 k €
  12. 2013
    Annual accounts 2013-315,4 k €
  13. 2012
    Annual accounts 2012-337,4 k €
  14. 2011
    Annual accounts 2011232,5 k €
  15. 2010
    Annual accounts 201088,2 k €
  16. 2009
    Annual accounts 2009360,2 k €
  17. 2008
    Annual accounts 2008-270,6 k €
  18. 2007
    Annual accounts 2007-913 k €
  19. 21/03/1989
    IncorporationPrivate limited company