ACTIVE

LASER ENGINEERING APPLICATIONS

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Financial year 2025 · closed on 31/12/2025

Net result

-3,2 M €

-660.7% YoY

Revenue

15,1 M €

+0.0% YoY

Equity

30,5 M €

+9.5% YoY

Workforce

75,8 ETP

-1.4% YoY

What does LASER ENGINEERING APPLICATIONS do?

LASER ENGINEERING APPLICATIONS is a Public limited company incorporated in 1999. Its main activity is: Engineering activities and related technical consultancy. Its registered office is in Seraing. It employs on average 75,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0465.268.616

Incorporation

15/01/1999

Legal form

Public limited company

Registered office

Rue Louis Plescia 31
4102 Seraing · WallonieSee on map

Contributed capital

30 305 456,25 €

Latest accounts

31/12/2025

Average workforce

75,8 ETP

Activities (NACE)

71121Engineering activities and related technical consultancy· main 71121Engineering activities and related technical consultancy 74203Photographic activities

Joint committees (2)

Signals

Solid equityPositive cashflowPositive EBITDAHealthy social debtsHigh revenue

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 19 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007
Income statement
Revenue	15,1 M €	+0.0%	15,1 M €	-10.7%	16,9 M €	+112%	8 M €	-23.8%	10,4 M €	+8.0%	9,7 M €	+25.8%	7,7 M €		–		–		–		–		–		–		–		–		–		–		–		–
EBITDA	1,9 M €	-63.4%	5,2 M €	+14.9%	4,6 M €	+221%	1,4 M €	-61.4%	3,7 M €	+44.3%	2,5 M €	+78.7%	1,4 M €	-26.4%	1,9 M €	+28.7%	1,5 M €	+28.1%	1,2 M €	+733%	-185,6 k €	-151%	362,4 k €	-17.2%	437,5 k €	+8.5%	403,2 k €	+99.5%	202,1 k €	+12.1%	180,2 k €	+231%	54,5 k €	-77.3%	240,7 k €	+39.0%	173,1 k €
Operating result	-3,6 M €	-2491%	-138 k €	-602%	27,5 k €	+101%	-2,2 M €	-703%	367,9 k €	+365%	-138,8 k €	+80.3%	-705,5 k €	-583%	-103,4 k €	-104%	-50,6 k €	-121%	240 k €	+249%	-161,4 k €	+82.1%	-901,4 k €	-2051%	46,2 k €	-59.7%	114,8 k €	+259%	-72,2 k €	-78.1%	-40,5 k €	+64.3%	-113,5 k €	-343%	46,6 k €	+1193%	3,6 k €
Net result	-3,2 M €	-661%	571,6 k €	-6.1%	608,5 k €	+134%	-1,8 M €	-286%	965,6 k €	+171%	356,8 k €	+181%	-438,6 k €	-251%	291 k €	+238%	86,2 k €	+0.6%	85,6 k €	+268%	23,3 k €	+101%	-1,6 M €	-34214%	4,6 k €	-91.0%	50,7 k €	+173%	-69,8 k €	-73.0%	-40,4 k €	+68.2%	-126,9 k €	-191%	139,4 k €	+106%	67,6 k €
Balance sheet
Equity	30,5 M €	+9.5%	27,9 M €	+20.2%	23,2 M €	+1.4%	22,9 M €	+51.1%	15,1 M €	+3.7%	14,6 M €	+17.5%	12,4 M €	+115%	5,8 M €	+14.9%	5 M €	+89.4%	2,7 M €	+0.5%	2,6 M €	+24.7%	2,1 M €	+68.7%	1,3 M €	+1.9%	1,2 M €	+15.3%	1,1 M €	-9.7%	1,2 M €	+58.5%	746,6 k €	+6.2%	702,9 k €	+46.5%	479,7 k €
Total assets	65,6 M €	+3.2%	63,6 M €	+10.1%	57,8 M €	+15.7%	49,9 M €	+39.2%	35,9 M €	-5.6%	38 M €	+17.0%	32,5 M €	+39.2%	23,3 M €	+23.1%	19 M €	+40.3%	13,5 M €	+44.9%	9,3 M €	-0.4%	9,4 M €	+63.6%	5,7 M €	+56.4%	3,7 M €	+13.6%	3,2 M €	-10.1%	3,6 M €	+27.5%	2,8 M €	+0.5%	2,8 M €	+118%	1,3 M €
Cash	1,9 M €	-4.0%	2 M €	-35.7%	3,1 M €	+44.0%	2,1 M €	+4.8%	2 M €	-35.5%	3,1 M €	-19.8%	3,9 M €	+170%	1,5 M €	+1.7%	1,4 M €	+45.2%	982,7 k €	+214%	313,3 k €	-50.7%	635,2 k €	+6777%	9,2 k €	-93.1%	133,5 k €	-58.4%	320,6 k €	+4.3%	307,5 k €	+59.9%	192,3 k €	+114%	90 k €	+195%	30,5 k €
Debts	33,6 M €	-3.6%	34,9 M €	+2.2%	34,2 M €	+27.5%	26,8 M €	+29.9%	20,6 M €	-11.8%	23,4 M €	+17.8%	19,8 M €	+14.4%	17,3 M €	+25.0%	13,9 M €	+29.1%	10,7 M €	+61.4%	6,7 M €	-0.8%	6,7 M €	+50.9%	4,4 M €	+83.4%	2,4 M €	+12.7%	2,2 M €	-10.4%	2,4 M €	+16.3%	2,1 M €	-1.4%	2,1 M €	+162%	800,3 k €
Other
Workforce	75,8 ETP	-1.4%	76,9 ETP	-0.6%	77,4 ETP	+19.1%	65,0 ETP	+8.3%	60,0 ETP	-1.6%	61,0 ETP	+4.3%	58,5 ETP	+10.4%	53,0 ETP	+12.3%	47,2 ETP	+29.3%	36,5 ETP	+15.5%	31,6 ETP	+15.3%	27,4 ETP	+39.1%	19,7 ETP	+55.1%	12,7 ETP	+11.4%	11,4 ETP	+3.6%	11,0 ETP	-1.8%	11,2 ETP	+51.4%	7,4 ETP	+48.0%	5,0 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 11 active · 56 ended

Active mandates

H-NU

Director · since 17 décembre 2025 · until 25 mai 2032

Represented by Eric MOTTAY

Active

Stéphane DELEUZE

Director · since 17 décembre 2025 · until 25 mai 2032

Active

AKTIMA

Managing director · since 14 mars 2022 · until 30 juin 2028 · 0552.784.192

Represented by Axel KUPISIEWICZ

Active

BALDES

Director · since 14 mars 2022 · until 30 mai 2028 · 0446.194.852

Represented by Carl ANNICK

Active

Claude JAMAR

Director · since 14 mars 2022 · until 17 décembre 2025

Active

M80 Partners

Director · since 14 mars 2022 · until 30 mai 2028 · 0713.879.913

Represented by Peter MAENHOUT

Active

MERCURY LEADERSHIP AND MANAGEMENT

Director · since 14 mars 2022 · until 23 juin 2026 · 0640.709.051

Represented by Philippe DEGEER

Active

NOSHAQ PARTNERS

Director · since 14 mars 2022 · until 30 mai 2028 · 0808.219.836

Represented by Dimitri LIQUET

Active

Paul-Etienne MARTIN

Director · since 14 mars 2022 · until 17 décembre 2025

Active

SPARAXIS

Director · since 14 mars 2022 · until 30 mai 2028 · 0452.116.307

Represented by Renaud SCHETTER

Active

PHARMA JUMP CONSULTING

Director · since 25 février 2022 · until 25 mai 2032 · 0688.827.286

Represented by Patrick JEUKENNE

Active

Ended mandates

AKTIMA

Managing director · since 14 mars 2022 · until 30 mai 2028 · 0552.784.192

Represented by Axel KUPISIEWICZ

Ended

AKTIMA

Managing director · since 14 mars 2022 · until 30 juin 2026 · 0552.784.192

Represented by Axel KUPISIEWICZ

Ended

Claude JAMAR

Chairman of the board of directors · since 14 mars 2022 · until 30 mai 2028

Ended

MERCURY LEADERSHIP AND MANAGEMENT

Director · since 14 mars 2022 · until 30 mai 2028 · 0640.709.051

Represented by Philippe DEGEER

Ended

At this address

Other companies at this address

Company	CBE no.
FEMTO LASER SERVICES● Active	0547.975.071
Fonds du Personnel de Lasea● Active	0736.503.380
TRACKINSIDE● Active	0892.035.160

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Full model	Full model	Full model	Full model	Full model	Full model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	23/07/2026	24/06/2025	24/07/2024	21/09/2023	22/06/2022	09/06/2021
General meeting	14/07/2026	20/06/2025	25/06/2024	30/05/2023	31/05/2022	25/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

22 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Full model	31/12/2025	14/07/2026	23/07/2026	French	PDF
Full model	31/12/2024	20/06/2025	24/06/2025	French	PDF
Full model	31/12/2023	25/06/2024	24/07/2024	French	PDF
Full model	31/12/2022	30/05/2023	21/09/2023	French	PDF
Full modelCorrection	31/12/2021	31/05/2022	22/06/2022	French	PDF
Full model	31/12/2021	31/05/2022	15/06/2022	French	PDF
Full model	31/12/2020	25/05/2021	09/06/2021	French	PDF
Full model	31/12/2019	26/05/2020	13/10/2020	French	PDF
Abridged modelCorrection	31/12/2018	28/05/2019	09/07/2019	French	PDF
Abridged model	31/12/2018	28/05/2019	13/06/2019	French	PDF
Abridged model	31/12/2017	19/06/2018	27/06/2018	French	PDF
Abridged model	31/12/2016	30/05/2017	04/07/2017	French	PDF
Abridged model	31/12/2015	31/05/2016	11/07/2016	French	PDF
Abridged model	31/12/2014	16/06/2015	30/12/2015	French	PDF
Abridged model	31/12/2013	27/05/2014	05/08/2014	French	PDF
Abridged model	31/12/2012	28/05/2013	20/08/2013	French	PDF
Abridged model	31/12/2011	29/05/2012	27/07/2012	French	PDF
Abridged model	31/12/2010	31/05/2011	30/08/2011	French	PDF
Abridged model	31/12/2009	23/03/2010	20/05/2010	French	PDF
Abridged model	31/12/2008	24/03/2009	31/07/2009	French	PDF
Abridged model	31/12/2007	25/03/2008	17/04/2008	French	PDF
Abridged model	31/12/2006	27/03/2007	30/04/2007	French	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 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 31/12/2025 · 11 active · 56 ended

Active mandates

H-NU

Director · since 17 décembre 2025 · until 25 mai 2032

Represented by Eric MOTTAY

Active

Stéphane DELEUZE

Director · since 17 décembre 2025 · until 25 mai 2032

Active

AKTIMA

Managing director · since 14 mars 2022 · until 30 juin 2028 · 0552.784.192

Represented by Axel KUPISIEWICZ

Active

BALDES

Director · since 14 mars 2022 · until 30 mai 2028 · 0446.194.852

Represented by Carl ANNICK

Active

Claude JAMAR

Director · since 14 mars 2022 · until 17 décembre 2025

Active

M80 Partners

Director · since 14 mars 2022 · until 30 mai 2028 · 0713.879.913

Represented by Peter MAENHOUT

Active

MERCURY LEADERSHIP AND MANAGEMENT

Director · since 14 mars 2022 · until 23 juin 2026 · 0640.709.051

Represented by Philippe DEGEER

Active

NOSHAQ PARTNERS

Director · since 14 mars 2022 · until 30 mai 2028 · 0808.219.836

Represented by Dimitri LIQUET

Active

Paul-Etienne MARTIN

Director · since 14 mars 2022 · until 17 décembre 2025

Active

SPARAXIS

Director · since 14 mars 2022 · until 30 mai 2028 · 0452.116.307

Represented by Renaud SCHETTER

Active

PHARMA JUMP CONSULTING

Director · since 25 février 2022 · until 25 mai 2032 · 0688.827.286

Represented by Patrick JEUKENNE

Active

Ended mandates

AKTIMA

Managing director · since 14 mars 2022 · until 30 mai 2028 · 0552.784.192

Represented by Axel KUPISIEWICZ

Ended

AKTIMA

Managing director · since 14 mars 2022 · until 30 juin 2026 · 0552.784.192

Represented by Axel KUPISIEWICZ

Ended

Claude JAMAR

Chairman of the board of directors · since 14 mars 2022 · until 30 mai 2028

Ended

MERCURY LEADERSHIP AND MANAGEMENT

Director · since 14 mars 2022 · until 30 mai 2028 · 0640.709.051

Represented by Philippe DEGEER

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Capital / shares22/04/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Capital / shares19/06/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates20/03/2024
DEMISSIONS, NOMINATIONS
PDF
Mandates14/07/2023
DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/07/2023
DIVERS - CAPITAL, ACTIONS
PDF
Mandates14/03/2022
CAPITAL, ACTIONS - DEMISSIONS, NOMINATIONS
PDF
Mandates03/03/2022
DEMISSIONS, NOMINATIONS
PDF
Mandates03/03/2022
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

2025
Annual accounts 2025-3,2 M €↓
17/04/2025
augmentation_capital
2024
Annual accounts 2024571,6 k €↓
17/06/2024
augmentation_capital
2023
Annual accounts 2023608,5 k €↑
03/07/2023
augmentation_capital
2022
Annual accounts 2022-1,8 M €↓
10/11/2022
nominationStéphanie MONTENAIR — représentant permanent
31/05/2022
reconductionKPMG Réviseurs d'Entreprises BV/SRL — commissaire
2021
Annual accounts 2021965,6 k €↑
2020
Annual accounts 2020356,8 k €↑
2019
Annual accounts 2019-438,6 k €↓
2018
Annual accounts 2018291 k €↑
2017
Annual accounts 201786,2 k €↑
2016
Annual accounts 201685,6 k €↑
2015
Annual accounts 201523,3 k €↑
2014
Annual accounts 2014-1,6 M €↓
2013
Annual accounts 20134,6 k €↓
2012
Annual accounts 201250,7 k €↑
2011
Annual accounts 2011-69,8 k €↓
2010
Annual accounts 2010-40,4 k €↑
2009
Annual accounts 2009-126,9 k €↓
2008
Annual accounts 2008139,4 k €↑
2007
Annual accounts 200767,6 k €
15/01/1999
IncorporationPublic limited company

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

LASER ENGINEERING APPLICATIONS

Overview

What does LASER ENGINEERING APPLICATIONS do?

Trend over 19 financial years

Indicative valuation

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline