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.
Financials
Financial year 2025
NV R.E.D. LABORATORIES from Asse, company number BE0462648824, closed financial year 2025 with a result of € -64,757 after tax. For that financial year NV R.E.D. LABORATORIES recorded a gross margin of € 859,641 and equity of € 2.4 million. Compared with financial year 2024, the result moved from € -102,193 to € -64,757. The company made a loss. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 9, 2026.
€ 2.4 million
▼ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -64,757
▲ 37 % less loss than in 2024
Profit after tax over the fiscal year.
€ 71,058
▼ 32% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € 50,352.
People and assets in 2025
6.9
▲ 0.6 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 710,448
▲ 17% vs 2024
€ 103,000 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.
€ 298,688
▼ 13% vs 2024
Of which on lease € 278,046.
Debts at end 2025
€ 177,142
▼ 9% vs 2024
€ 13,467 is repaid this year. At this pace the long-term loan is gone in ≈ 4 years.
€ 206,100
▲ 32% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 76,865
▲ 1% vs 2024
Wages, holiday pay and social contributions still to pay. No outstanding taxes.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 625,576 | € 737,808 | € 736,867 | € 859,641 | ▲ 17% |
| Profit after taxes | € -236,307 | € -434,094 | € -102,193 | € -64,757 | ▲ € 37,436 |
| Equity | € 2,974,643 | € 2,540,549 | € 2,438,356 | € 2,373,599 | ▼ 3% |
| Total debts | € 382,602 | € 326,718 | € 427,143 | € 460,107 | ▲ 8% |
| Cash | € 103,927 | € 72,900 | € 104,243 | € 71,058 | ▼ 32% |
| Retained profit | € 651,395 | € 217,301 | € 115,108 | € 50,352 | ▼ 56% |
| Bank debt | € 134,475 | € 97,029 | € 195,357 | € 177,142 | ▼ 9% |
| Balance sheet total | € 3,357,245 | € 2,867,268 | € 2,865,499 | € 2,833,706 | ▼ 1% |
| Employees (FTE) | 7.5 | 6.2 | 6.3 | 6.9 | ▲ 0.6 |
Key figures of NV R.E.D. LABORATORIES, 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 July 2027.
What happened to NV R.E.D. LABORATORIES?
What happened at NV R.E.D. LABORATORIES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 64,757. Source: NBB ↗
- Louis TEULIÈRES became a director. NBB
- New establishment in Asse. KBO
- Start of the company according to the CBE. KBO
In short
From € 236,307 loss in 2022 to € 64,757 loss in 2025.
Paid € 5,164 in corporate taxes since 2022.
On average € 124,600 of value added per employee in 2025.
Management
The stake of BIORED comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
NV R.E.D. LABORATORIESBehind NV R.E.D. LABORATORIES is Louis TEULIÈRES. The shares are held by BIORED (65.6%). It owns 100% of REDRENO LLC and 100% of PROTEA BIOPHARMA itself.
Directors
According to the 2025 annual accounts
Louis TEULIÈRES
Managing director
since 2025
Shareholders
65.6%
Participations
REDRENO LLC
100%
100%
Establishments
Establishment units
Physical locations of this company
Z. 1 Researchpark 100
1731 Asse
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0462.648.824
- VAT number
- BE 0462.648.824
- Registered office
- Z. 1 Researchpark 100, 1731 Asse
- Names & denominations
- NV R.E.D. LABORATORIES
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 12 February 1998
- Peppol
- Active · Active since 25 Jul 2025
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