ACTIVE

PS TESTWARE

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Financial year 2025 · closed on 30/12/2025

Net result

-802,1 k €

-3162.1% YoY

Gross margin

1,4 M €

+97.5% YoY

Equity

-246,8 k €

-1609.2% YoY

Workforce

6,8 ETP

-2.9% YoY

What does PS TESTWARE do?

PS TESTWARE is a Public limited company incorporated in 1994. Its main activity is: Computer consultancy activities. Its registered office is in Leuven. It employs on average 6,8 ETP workers (FTE).

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0452.033.559

Incorporation

27/01/1994

Legal form

Public limited company

Registered office

Tiensesteenweg 343
3010 Leuven · FlandreSee on map

Contributed capital

1 205 733,44 €

Latest accounts

30/12/2025

Average workforce

6,8 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72220Research and experimental development on social sciences and humanities

Joint committees (2)

Signals

Healthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 17 financial years

	2025		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2007		2006
Income statement
Gross margin	1,4 M €	+97.5%	714,8 k €	+13.3%	630,7 k €	-26.2%	854,7 k €	+7.5%	795 k €	-14.3%	928 k €	-4.8%	974,3 k €	-12.2%	1,1 M €		–		–		–		–		–		–		–		5,2 M €	+27.4%	4,1 M €
EBITDA	-230,9 k €	-196%	-78 k €	-41.2%	-55,3 k €	-165%	85,5 k €	+105%	41,7 k €	+2.0%	40,9 k €	+1219%	3,1 k €	-95.8%	74 k €	+99.0%	37,2 k €	-55.5%	83,7 k €	+130%	-280,8 k €	-329%	-65,5 k €	-125%	261,6 k €	+588%	38 k €	+110%	-398,3 k €	-134%	1,2 M €	+87.4%	630,1 k €
Operating result	-609,4 k €	-199%	-203,5 k €	-60.4%	-126,9 k €	-321%	57,4 k €	+40.7%	40,8 k €	+1.8%	40,1 k €	+3340%	1,2 k €	-97.7%	50,4 k €	+395%	-17,1 k €	-167%	25,5 k €	+107%	-348,6 k €	-149%	-140,2 k €	-169%	203,4 k €	+1161%	-19,2 k €	+95.9%	-469,8 k €	-143%	1,1 M €	+99.9%	545,7 k €
Net result	-802,1 k €	-3162%	-24,6 k €	+84.7%	-160,5 k €	-771%	23,9 k €	+201%	7,9 k €	+214%	2,5 k €	+105%	-52,1 k €	-543%	11,7 k €	+117%	-67,3 k €	-87.0%	-36 k €	+91.5%	-423,2 k €	-103%	-208,5 k €	-317%	96,3 k €	+117%	-556,5 k €	-12.0%	-497 k €	-174%	669,8 k €	+106%	325,4 k €
Balance sheet
Equity	-246,8 k €	-1609%	16,4 k €	-60.1%	40,9 k €	-79.7%	201,4 k €	+13.5%	177,5 k €	+4.7%	169,6 k €	+1.5%	167 k €	-23.8%	219,1 k €	+5.7%	207,3 k €	-24.5%	274,7 k €	-11.6%	310,7 k €	-57.7%	733,9 k €	-22.1%	942,4 k €	+11.4%	846,1 k €	-39.7%	1,4 M €	-22.1%	1,8 M €	+46.5%	1,2 M €
Total assets	1,9 M €	-1.6%	2 M €	+11.4%	1,8 M €	+16.6%	1,5 M €	+4.5%	1,4 M €	+4.1%	1,4 M €	-1.9%	1,4 M €	+0.6%	1,4 M €	-0.2%	1,4 M €	-8.6%	1,5 M €	-13.6%	1,8 M €	-5.5%	1,9 M €	-19.2%	2,3 M €	+7.3%	2,2 M €	-12.2%	2,5 M €	-18.9%	3,1 M €	+26.5%	2,4 M €
Cash	32,2 k €	-59.1%	78,8 k €	-26.7%	107,5 k €	+30.0%	82,7 k €	-6.1%	88,1 k €	+75.1%	50,3 k €	+301%	12,6 k €	-0.0%	12,6 k €	+41.9%	8,8 k €	-58.5%	21,3 k €	-75.1%	85,7 k €	+23.3%	69,5 k €	-63.0%	187,9 k €	-17.7%	228,2 k €	+231%	69 k €	-94.2%	1,2 M €	+159%	455,7 k €
Debts	2,2 M €	+11.9%	1,9 M €	+13.5%	1,7 M €	+31.0%	1,3 M €	+3.2%	1,3 M €	+4.2%	1,2 M €	-2.3%	1,2 M €	+5.0%	1,2 M €	-1.3%	1,2 M €	-5.1%	1,3 M €	-14.0%	1,5 M €	+30.8%	1,1 M €	-17.5%	1,4 M €	+5.2%	1,3 M €	+25.0%	1 M €	-17.8%	1,3 M €	+6.1%	1,2 M €
Other
Workforce	6,8 ETP	-2.9%	7,0 ETP	-20.5%	8,8 ETP	0.0%	8,8 ETP	-3.3%	9,1 ETP	-5.2%	9,6 ETP	-11.1%	10,8 ETP	-16.9%	13,0 ETP	-10.3%	14,5 ETP	-15.2%	17,1 ETP	-17.0%	20,6 ETP	-35.2%	31,8 ETP	-28.5%	44,5 ETP	+10.1%	40,4 ETP	-20.6%	50,9 ETP	-20.0%	63,6 ETP	+18.4%	53,7 ETP

Governance

Board of directors

Seen on filing of 30/12/2025 · 3 active · 27 ended

Active mandates

Olivier Denoo

Director · since 13 mai 2019 · until 23 décembre 2025

Active

ps management

Managing director · since 13 mai 2019 · 0465.112.723

Represented by Sterck Peter

Active

Stefaan Sterck

Director · since 13 mai 2019 · until 23 décembre 2025

Active

Ended mandates

Olivier Denoo

Director · since 13 mai 2019 · until 13 mai 2025

Ended

ps management

Managing director · since 13 mai 2019 · until 13 mai 2025 · 0465.112.723

Represented by Sterck Peter

Ended

Stefaan Sterck

Director · since 13 mai 2019 · until 13 mai 2025

Ended

Olivier Denoo

Director · since 01 septembre 2018 · until 01 septembre 2024

Ended

Annual accounts

Full financial information

	2025	2023	2022	2021	2020	2019
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020	01/01/2019
Closing of the financial year	30/12/2025	31/12/2023	31/12/2022	31/12/2021	31/12/2020	31/12/2019
Length of the financial year	24 months	12 months	12 months	12 months	12 months	12 months
Filing date	13/07/2026	31/10/2024	06/07/2023	27/07/2022	30/07/2021	31/07/2020
General meeting	08/06/2026	12/08/2024	13/05/2023	14/05/2022	08/05/2021	09/05/2020
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

19 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/12/2025	08/06/2026	13/07/2026	Dutch	PDF
Abridged model	31/12/2023	12/08/2024	31/10/2024	Dutch	PDF
Abridged model	31/12/2022	13/05/2023	06/07/2023	Dutch	PDF
Abridged model	31/12/2021	14/05/2022	27/07/2022	Dutch	PDF
Abridged model	31/12/2020	08/05/2021	30/07/2021	Dutch	PDF
Abridged model	31/12/2019	09/05/2020	31/07/2020	Dutch	PDF
Abridged model	31/12/2018	13/05/2019	30/07/2019	Dutch	PDF
Abridged model	31/12/2017	12/05/2018	30/07/2018	Dutch	PDF
Full model	31/12/2016	22/05/2017	12/07/2017	Dutch	PDF
Full model	31/12/2015	23/05/2016	11/07/2016	Dutch	PDF
Full model	31/12/2014	11/05/2015	11/06/2015	Dutch	PDF
Full model	31/12/2013	10/05/2014	11/06/2014	Dutch	PDF
Full model	31/12/2012	13/05/2013	25/06/2013	Dutch	PDF
Full model	31/12/2011	14/05/2012	13/06/2012	Dutch	PDF
Full model	31/12/2010	06/06/2011	07/07/2011	Dutch	PDF
Full model	31/12/2009	10/05/2010	23/07/2010	Dutch	PDF
Full model	31/12/2008	09/05/2009	25/06/2009	Dutch	PDF
Abridged model	31/12/2007	13/05/2008	27/06/2008	Dutch	PDF
Abridged model	31/12/2006	12/06/2007	30/07/2007	Dutch	PDF

Estimate

Indicative valuation

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 30/12/2025 · 3 active · 27 ended

Active mandates

Olivier Denoo

Director · since 13 mai 2019 · until 23 décembre 2025

Active

ps management

Managing director · since 13 mai 2019 · 0465.112.723

Represented by Sterck Peter

Active

Stefaan Sterck

Director · since 13 mai 2019 · until 23 décembre 2025

Active

Ended mandates

Olivier Denoo

Director · since 13 mai 2019 · until 13 mai 2025

Ended

ps management

Managing director · since 13 mai 2019 · until 13 mai 2025 · 0465.112.723

Represented by Sterck Peter

Ended

Stefaan Sterck

Director · since 13 mai 2019 · until 13 mai 2025

Ended

Olivier Denoo

Director · since 01 septembre 2018 · until 01 septembre 2024

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/02/2026
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
PDF
Mandates07/02/2025
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - ONTSLAGEN - BENOEMINGEN - BOEKJAAR
PDF
Mandates27/05/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates11/06/2013
ONTSLAGEN - BENOEMINGEN
PDF
Mandates18/09/2012
ONTSLAGEN - BENOEMINGEN
PDF
Mandates30/09/2011
ONTSLAGEN - BENOEMINGEN
PDF
Other14/07/2009
DIVERSEN
PDF
Mandates20/03/2009
ONTSLAGEN - BENOEMINGEN
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 2025-802,1 k €↓
2023
Annual accounts 2023-24,6 k €↑
2022
Annual accounts 2022-160,5 k €↓
2021
Annual accounts 202123,9 k €↑
2020
Annual accounts 20207,9 k €↑
2019
Annual accounts 20192,5 k €↑
2018
Annual accounts 2018-52,1 k €↓
2017
Annual accounts 201711,7 k €↑
2016
Annual accounts 2016-67,3 k €↓
2015
Annual accounts 2015-36 k €↑
2014
Annual accounts 2014-423,2 k €↓
2013
Annual accounts 2013-208,5 k €↓
2012
Annual accounts 201296,3 k €↑
2011
Annual accounts 2011-556,5 k €↓
2010
Annual accounts 2010-497 k €↓
2007
Annual accounts 2007669,8 k €↑
2006
Annual accounts 2006325,4 k €
27/01/1994
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

PS TESTWARE

Overview

What does PS TESTWARE do?

Trend over 17 financial years

Board of directors

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