Financials
Financial year 2024
Research Specialties for Laboratories from Nazareth-De Pinte, company number BE0416414367, closed financial year 2024 with a result of € 140,677 after tax. For that financial year Research Specialties for Laboratories recorded revenue of € 7.2 million and equity of € 6 million. Compared with financial year 2023, the result moved from € 360,424 to € 140,677. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on November 4, 2025.
€ 6 million
▲ 2% vs 2023
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 140,677
▼ 61% vs 2023
Profit after tax over the fiscal year.
Stays in the company
No dividend for 2024. Retained profit grew to € 5 million.
People and assets in 2024
27
▲ 1.8 vs 2023
Average over the fiscal year, from the social balance sheet.
€ 2.3 million
▲ 7% vs 2023
€ 84,100 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.
€ 30,857
▲ 12% vs 2023
Book value of vehicles, furniture and equipment.
Debts at end 2024
€ 28
Loans from banks and other lenders, long and short.
€ 864,175
▼ 71% vs 2023
Supplier invoices still open on the last day of the fiscal year.
€ 399,023
▲ 108% vs 2023
Taxes, VAT and social contributions still to pay.
| 2021 | 2022 | 2023 | 2024 | Change 2023 → 2024 | |
|---|---|---|---|---|---|
| Revenue | - | - | - | € 7,180,854 | |
| Gross margin | € 2,727,567 | € 2,379,051 | € 2,490,970 | € 2,607,553 | ▲ 5% |
| Profit after taxes | € 318,296 | € 363,243 | € 360,424 | € 140,677 | ▼ 61% |
| Equity | € 5,170,219 | € 5,533,462 | € 5,893,886 | € 6,034,563 | ▲ 2% |
| Total debts | € 3,874,580 | € 2,848,372 | € 3,129,128 | € 1,263,226 | ▼ 60% |
| Cash | € 1,003,567 | € 933,526 | € 0 | - | |
| Retained profit | € 4,178,645 | € 4,541,888 | € 4,902,312 | € 5,042,989 | ▲ 3% |
| Bank debt | € 0 | € 26,432 | € 28 | € 28 | |
| Balance sheet total | € 9,044,798 | € 8,381,834 | € 9,023,014 | € 7,297,789 | ▼ 19% |
| Employees (FTE) | 25.6 | 18.8 | 25.2 | 27 | ▲ 1.8 |
Key figures of Research Specialties for Laboratories, fiscal years 2021 to 2024, from the annual accounts filed with the National Bank of Belgium.The annual account for fiscal year 2025 has not been filed yet; it was expected before 31 July 2026.
What happened to Research Specialties for Laboratories?
What happened at Research Specialties for Laboratories in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Anthony FONG stepped down as director. NBB
- Norman SCHWARTZ stepped down as director. NBB
- New annual accounts for financial year 2024: profit of € 140,677 (▼ 61% vs 2023). filed late Source: NBB ↗
- Anthony FONG became a director. NBB
- Norman SCHWARTZ became a director. NBB
- New establishment in Nazareth-De Pinte. KBO
- Start of the company according to the CBE. KBO
In short
From € 318,296 profit in 2021 to € 140,677 profit in 2024.
Paid € 31,151 in corporate taxes since 2021.
Best year ever: 2022, with € 363,243 profit.
On average € 96,600 of value added per employee in 2024.
Management
Directors
According to the 2024 annual accounts
Anthony FONG
Director
since 2023 · until 2029
Norman SCHWARTZ
Director
since 2021 · until 2027
Establishments
Establishment units
Physical locations of this company
Begoniastraat 5
9810 Nazareth-De Pinte
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Website
Technologies
Certifications & Partners
Hosting & Email
Email provider
Microsoft 365
Hosting
AMAZON-02 - Amazon.com, Inc., US
DNS
AWS Route 53
Domain
Domain
bio-rad.com
Registered
1991-07-11
Registrar
CSC Corporate Domains, Inc.
Expires
2026-07-10
Website info
Features
Security
Network
Details
- Company number
- 0416.414.367
- VAT number
- BE 0416.414.367
- Registered office
- Begoniastraat 5, 9810 Nazareth-De Pinte
- Names & denominations
- Research Specialties for Laboratories · R.S.L.
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 24 September 1976
- Peppol
- Active · Active since 25 Mar 2026
- Contact
- bio-rad.com +1-800-424-6723
- Activities · NACE
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