Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Shrinking team NBB
FTE fell two years in a row, from 46.9 to 14.7.
Financials
Financial year 2025
EUROPEAN LASER APPLICATIONS SYSTEMS from Mouscron, company number BE0436952732, closed financial year 2025 with a result of € -609,602 after tax. For that financial year EUROPEAN LASER APPLICATIONS SYSTEMS recorded revenue of € 13.2 million and equity of € 1.8 million. Compared with financial year 2024, the result moved from € -259,034 to € -609,602. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 8, 2025.
€ 1.8 million
▼ 25% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -609,602
▼ 135 % more loss than in 2024
Profit after tax over the fiscal year.
€ 329,421
▲ 4% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -808,229.
People and assets in 2025
14.7
▼ 1.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 1 million
▼ 4% vs 2024
€ 69,400 per full-time equivalent. Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 37,430
▼ 30% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 1.4 million
▲ 10% vs 2024
Loans from banks and other lenders, long and short.
€ 3.4 million
▼ 31% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 94 days on average.
€ 209,742
▼ 38% vs 2024
Taxes, VAT and social contributions still to pay.
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| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 23,301,616 | € 24,741,038 | € 21,082,284 | € 13,238,606 | ▼ 37% |
| Profit after taxes | € 68,193 | € -2,617 | € -259,034 | € -609,602 | ▼ € 350,568 |
| Equity | € 2,709,708 | € 2,707,091 | € 2,448,057 | € 1,838,455 | ▼ 25% |
| Total debts | € 9,492,188 | € 11,100,344 | € 10,502,638 | € 8,394,414 | ▼ 20% |
| Cash | € 409,038 | € 492,945 | € 317,576 | € 329,421 | ▲ 4% |
| Land & buildings | € 427,670 | € 366,912 | € 306,396 | € 303,800 | ▼ 1% |
| Retained profit | € 63,025 | € 60,408 | € -198,626 | € -808,229 | ▼ € 609,602 |
| Bank debt | € 773,617 | € 1,191,708 | € 1,245,587 | € 1,374,243 | ▲ 10% |
| Balance sheet total | € 12,201,896 | € 13,807,435 | € 12,950,695 | € 10,232,868 | ▼ 21% |
| Employees (FTE) | 44.2 | 46.9 | 16.3 | 14.7 | ▼ 1.6 |
Key figures of EUROPEAN LASER APPLICATIONS SYSTEMS, fiscal years 2022 to 2025, from the annual accounts filed with the National Bank of Belgium.Next annual account (fiscal year 2026) expected before 31 October 2026.
What happened to EUROPEAN LASER APPLICATIONS SYSTEMS?
What happened at EUROPEAN LASER APPLICATIONS SYSTEMS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- F.M.K. stepped down as director. NBB
- Haco NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 609,602. filed late Source: NBB ↗
- F.M.K. became a director. NBB
- Haco NV became a director. NBB
- New establishment in Mouscron. KBO
- Start of the company according to the CBE. KBO
In short
From € 68,193 profit in 2022 to € 609,602 loss in 2025.
Paid € 5,846 in corporate taxes since 2022.
Best year ever: 2022, with € 68,193 profit.
Pays suppliers within 94 days on average.
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De Lijn 8 June 2026 New annual account 2025
filed on 8 June 2026
What was left
€ 20 k ▼ 91%
Money in the bank
€ 178 k ▼ 98%
Open the dossier →
NMBS 8 June 2026 New annual account 2025 What was left ▼ 80%
bpost 18 May 2026 New annual account 2025 What was left from loss to profit
Management
The stake of Haco comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
EUROPEAN LASER APPLICATIONS SYSTEMSThe shares are held by Haco (100%).
Directors
According to the 2025 annual accounts
since 2025 · until 2031
Managing director · represented by Kurt HAVEGEER
Also active at: HACO TRADING COMPANY, ROBOSOFT
since 2025 · until 2031
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Slachthuisstraat 53-59
7700 Mouscron
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0436.952.732
- VAT number
- BE 0436.952.732
- Registered office
- Slachthuisstraat 53-59, 7700 Mouscron
- Names & denominations
- EUROPEAN LASER APPLICATIONS SYSTEMS · ELAS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 21 March 1989
- Peppol
- Active · Active since 7 Dec 2025
- Activities · NACE
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