NV R.E.D. LABORATORIES: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
What changed
NV R.E.D. LABORATORIES
NACE 71.209, Other technical testing and analysis
financial year 2025 compared with 2024filed annual accounts (NBB)
Net result for the year
-€64,757
2024 · -€102,193+€37,436
Equity
€2.4m
2024 · €2.4m-€64,757
Cash
€71,058
2024 · €104,243-€33,185
Balance sheet total
€2.8m
2024 · €2.9m-€31,793
Largest movements
Assets
- Tangible fixed assets -€57,693
down €57,693 (-14.0%), from €412,536 to €354,844
of which Leasing and similar rights: -€36,836
- Receivables within one year +€52,083
up €52,083 (+7.5%), from €695,647 to €747,729
of which Trade receivables: +€53,753
- Cash -€33,185
down €33,185 (-31.8%), from €104,243 to €71,058
mainly Net result for the year (-€64,757) and Receivables within one year (-€52,083)
Equity and liabilities
- Profit (loss) carried forward -€64,757
down €64,757 (-99.6%), from €64,992 to €235
- Trade debts +€50,499
up €50,499 (+32.5%), from €155,601 to €206,100
Income statement
- Gross operating margin +€122,774
up €122,774 (+16.7%), from €736,867 to €859,641
- Staff costs +€102,424
up €102,424 (+16.8%), from €608,024 to €710,448
- Depreciation -€10,386
down €10,386 (-14.5%), from €71,680 to €61,294
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Result 2024
-€102,193
Gross operating margin
+€122,774
Staff costs
-€102,424
Depreciation
+€10,386
Other operating charges
+€2,463
Financial income
+€713
Financial charges
+€5,775
Taxes
-€2,251
Result 2025
-€64,757
raises the resultlowers the result
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
From operations
-€7,806
Investment
-€7,164
Financing
-€18,215
Cash 2024
€104,243
From operations (derived)
-€7,806
Net result for the year
-€64,757
Depreciation
+€61,294
Stocks and contracts
-€2,451
Receivables within one year
-€52,083
Deferred charges and accrued income
-€989
Trade debts
+€50,499
Tax, wage and social debts
+€680
Investment (derived)
-€7,164
Investment in fixed assets (net)
-€13,101
Current investments
+€5,937
Financing
-€18,215
Debts after one year
-€13,467
Current portion of long-term debt
-€467
Short-term financial debts
-€4,281
Cash 2025
€71,058
brings cash intakes cash out
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €2,865,499 | €2,833,706 | -€31,793 | -1.1% |
| Fixed assets | 21/28 | €1,830,650 | €1,782,458 | -€48,193 | -2.6% |
| Tangible fixed assets | 22/27 | €412,536 | €354,844 | -€57,693 | -14.0% |
| Plant, machinery and equipment | 23 | €67,904 | €56,156 | -€11,748 | -17.3% |
| Furniture and vehicles | 24 | €29,751 | €20,642 | -€9,108 | -30.6% |
| Leasing and similar rights | 25 | €314,882 | €278,046 | -€36,836 | -11.7% |
| Financial fixed assets | 28 | €1,418,114 | €1,427,614 | +€9,500 | +0.7% |
| Current assets | 29/58 | €1,034,849 | €1,051,248 | +€16,399 | +1.6% |
| Stocks and contracts in progress | 3 | €222,185 | €224,636 | +€2,451 | +1.1% |
| Stocks | 30/36 | €222,185 | €224,636 | +€2,451 | +1.1% |
| Amounts receivable within one year | 40/41 | €695,647 | €747,729 | +€52,083 | +7.5% |
| Trade receivables | 40 | €128,307 | €182,061 | +€53,753 | +41.9% |
| Other amounts receivable | 41 | €567,339 | €565,668 | -€1,671 | -0.3% |
| Current investments | 50/53 | €5,937 | - | -€5,937 | |
| Cash at bank and in hand | 54/58 | €104,243 | €71,058 | -€33,185 | -31.8% |
| Deferred charges and accrued income | 490/1 | €6,837 | €7,826 | +€989 | +14.5% |
| Total equity and liabilities | 10/49 | €2,865,499 | €2,833,706 | -€31,793 | -1.1% |
| Equity | 10/15 | €2,438,356 | €2,373,599 | -€64,757 | -2.7% |
| Contributions | 10/11 | €2,323,248 | €2,323,248 | = | 0.0% |
| Capital | 10 | €2,174,397 | €2,174,397 | = | 0.0% |
| Issued capital | 100 | €2,174,397 | €2,174,397 | = | 0.0% |
| Contributions outside capital | 11 | €148,851 | €148,851 | = | 0.0% |
| Share premium | 1100/10 | €148,851 | €148,851 | = | 0.0% |
| Reserves | 13 | €50,117 | €50,117 | = | 0.0% |
| Non-distributable reserves | 130/1 | €50,117 | €50,117 | = | 0.0% |
| Legal reserve | 130 | €50,052 | €50,052 | = | 0.0% |
| Other | 1319 | €65 | €65 | = | 0.0% |
| Profit (loss) carried forward | 14 | €64,992 | €235 | -€64,757 | -99.6% |
| Amounts payable | 17/49 | €427,143 | €460,107 | +€32,964 | +7.7% |
| Amounts payable after more than one year | 17 | €56,423 | €42,956 | -€13,467 | -23.9% |
| Financial debts | 170/4 | €56,423 | €42,956 | -€13,467 | -23.9% |
| Amounts payable within one year | 42/48 | €370,720 | €417,151 | +€46,431 | +12.5% |
| Current portion of amounts payable after more than one year | 42 | €13,934 | €13,467 | -€467 | -3.4% |
| Financial debts | 43 | €125,000 | €120,719 | -€4,281 | -3.4% |
| Credit institutions | 430/8 | €125,000 | €120,719 | -€4,281 | -3.4% |
| Trade debts | 44 | €155,601 | €206,100 | +€50,499 | +32.5% |
| Suppliers | 440/4 | €155,601 | €206,100 | +€50,499 | +32.5% |
| Taxes, remuneration and social security | 45 | €76,185 | €76,865 | +€680 | +0.9% |
| Remuneration and social security | 454/9 | €76,185 | €76,865 | +€680 | +0.9% |
| Remuneration, social security and pensions | 62 | €608,024 | €710,448 | +€102,424 | +16.8% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €71,680 | €61,294 | -€10,386 | -14.5% |
| Other operating charges | 640/8 | €142,794 | €140,332 | -€2,463 | -1.7% |
| Gross operating margin | 9900 | €736,867 | €859,641 | +€122,774 | +16.7% |
| Operating profit (loss) | 9901 | -€85,632 | -€52,432 | +€33,199 | +38.8% |
| Financial income | 75/76B | €1,885 | €2,598 | +€713 | +37.8% |
| Recurring financial income | 75 | €1,885 | €2,598 | +€713 | +37.8% |
| Financial charges | 65/66B | €17,762 | €11,987 | -€5,775 | -32.5% |
| Recurring financial charges | 65 | €17,180 | €11,987 | -€5,193 | -30.2% |
| Non-recurring financial charges | 66B | €582 | - | -€582 | |
| Profit (loss) for the period before taxes | 9903 | -€101,509 | -€61,822 | +€39,687 | +39.1% |
| Income taxes | 67/77 | €684 | €2,935 | +€2,251 | +329% |
| Profit (loss) for the period | 9904 | -€102,193 | -€64,757 | +€37,436 | +36.6% |
| Profit (loss) for the period to be appropriated | 9905 | -€102,193 | -€64,757 | +€37,436 | +36.6% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 23 October 2026 via checked.be.