ACTIVE

TesTec

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Financial year 2025 · closed on 31/12/2025

Net result

-67,0 k €

-725.9% YoY

Gross margin

101,4 k €

-10.5% YoY

Equity

305,4 k €

+598.1% YoY

What does TesTec do?

TesTec is a Private limited company incorporated in 2000. Its registered office is in Brasschaat.

Legal situation

● Normal situation

BCE/KBO no. / VAT

BE 0473.267.750

Incorporation

13/11/2000

Legal form

Private limited company

Registered office

Max Hermanlei 35
2930 Brasschaat · FlandreSee on map

Contributed capital

18 600,00 €

Latest accounts

31/12/2025

Joint committees (3)

140
14003
226

Signals

Positive cashflowPositive EBITDAHealthy social debts

View the BCE/KBO Public Search record →

Health score

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✦ Verdict · Analyst summary

Financials

Trend over 20 financial years

	2025		2024		2023		2022		2021		2020		2019		2018		2017		2016		2015		2014		2013		2012		2011		2010		2009		2008		2007		2006
Income statement
Gross margin	101,4 k €	-10.5%	113,3 k €	+349%	-45,6 k €	-146%	99,3 k €	-63.4%	271,3 k €	-22.3%	349,1 k €	-45.3%	637,6 k €	-10.2%	710,2 k €	+11.8%	635,3 k €	+20.1%	528,9 k €	+2.2%	517,7 k €	+23.4%	419,5 k €	-21.3%	533,2 k €	+2.8%	518,5 k €	-27.5%	714,8 k €	-2.7%	734,9 k €	+45.8%	504,1 k €	-14.7%	590,7 k €	+19.6%	494,1 k €	+23.8%	399,2 k €
EBITDA	51,6 k €	-20.1%	64,6 k €	+187%	-74,4 k €	-207%	-24,3 k €	-145%	53,7 k €	+3.6%	51,8 k €	-71.8%	183,6 k €	-13.7%	212,7 k €	+3.3%	205,8 k €	+29.2%	159,3 k €	-16.3%	190,2 k €	+90.2%	100,0 k €	-55.2%	223,3 k €	+59.4%	140,1 k €	-50.3%	281,8 k €	-7.2%	303,6 k €	+53.5%	197,7 k €	-28.6%	276,9 k €	+26.1%	219,6 k €	+21.4%	180,9 k €
Operating result	-32,1 k €	-323%	14,4 k €	+113%	-110,6 k €	-59.0%	-69,6 k €	-15090%	-458,0 €	+98.0%	-22,9 k €	-180%	28,6 k €	-36.3%	45,0 k €	+16.5%	38,6 k €	-8.0%	41,9 k €	-59.8%	104,3 k €	+1447%	6,7 k €	-92.7%	91,8 k €	+1267%	-7,9 k €	-114%	54,5 k €	-10.3%	60,7 k €	+221%	-50,1 k €	-473%	13,4 k €	-84.5%	86,8 k €	+27.1%	68,3 k €
Net result	-67,0 k €	-726%	-8,1 k €	+93.5%	-125,4 k €	-51.9%	-82,6 k €	-688%	-10,5 k €	+73.0%	-38,8 k €	-571%	8,2 k €	-56.8%	19,1 k €	+87.3%	10,2 k €	-24.9%	13,6 k €	-74.5%	53,3 k €	+498%	-13,4 k €	-120%	65,4 k €	+263%	-40,2 k €	-482%	10,5 k €	-10.7%	11,8 k €	+112%	-101,1 k €	-238%	-29,9 k €	-182%	36,4 k €	+45.0%	25,1 k €
Balance sheet
Equity	305,4 k €	+598%	-61,3 k €	-15.2%	-53,2 k €	-174%	72,2 k €	-53.4%	154,7 k €	-6.3%	165,2 k €	-19.0%	204,0 k €	+4.2%	195,8 k €	+10.8%	176,7 k €	+6.1%	166,5 k €	+8.9%	152,9 k €	+53.4%	99,7 k €	-11.9%	113,1 k €	+137%	47,7 k €	-45.7%	87,9 k €	+13.6%	77,3 k €	+18.0%	65,6 k €	-64.9%	186,6 k €	-13.8%	216,6 k €	+20.2%	180,2 k €
Total assets	1,6 M €	+83.2%	862,4 k €	+321%	205,0 k €	-58.7%	496,0 k €	-34.1%	752,1 k €	+2.0%	737,1 k €	-15.2%	869,2 k €	-9.9%	964,7 k €	-11.1%	1,1 M €	+14.0%	952,4 k €	+19.1%	800,0 k €	+20.2%	665,5 k €	-3.9%	692,4 k €	-19.3%	858,0 k €	-6.1%	913,9 k €	-11.4%	1,0 M €	+3.8%	993,3 k €	-1.8%	1,0 M €	+7.4%	942,0 k €	+24.4%	757,3 k €
Cash	311,0 €	-98.6%	22,7 k €	+116%	10,5 k €	-84.9%	69,4 k €	+4538%	1,5 k €	-91.7%	18,1 k €	-61.1%	46,5 k €		–		44,8 k €	+46.1%	30,7 k €	-41.8%	52,7 k €	+77.8%	29,6 k €	-19.3%	36,7 k €	+7.0%	34,3 k €		–		467,0 €	-98.8%	38,2 k €	+34.8%	28,3 k €		–		–
Debts	1,3 M €	+38.0%	923,7 k €	+258%	258,2 k €	-39.1%	423,8 k €	-29.1%	597,3 k €	+4.5%	571,5 k €	-14.1%	665,1 k €	-13.5%	768,9 k €	-15.4%	909,0 k €	+15.7%	785,9 k €	+21.5%	647,1 k €	+14.4%	565,8 k €	-2.3%	579,3 k €	-28.5%	810,3 k €	-1.9%	826,1 k €	-13.4%	954,1 k €	+2.8%	927,8 k €	+12.4%	825,1 k €	+13.7%	725,5 k €	+25.7%	577,1 k €
Other
Workforce	–		–		–		5,3 ETP	-36.9%	8,4 ETP	-16.8%	10,1 ETP	-20.5%	12,7 ETP	-8.6%	13,9 ETP	+9.4%	12,7 ETP	+12.4%	11,3 ETP	+10.8%	10,2 ETP	-2.9%	10,5 ETP	-5.4%	11,1 ETP	-11.9%	12,6 ETP	-11.3%	14,2 ETP	-12.9%	16,3 ETP	+19.9%	13,6 ETP	+10.6%	12,3 ETP	+15.0%	10,7 ETP	+21.6%	8,8 ETP

Estimate

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Governance

Board of directors

Seen on filing of 31/12/2025 · 3 active · 2 ended

Active mandates

Jona Fransen

Director · since 01 novembre 2022

Active

PACO FRANSEN

Director · since 01 novembre 2022

Active

Luc Fransen

Associate · since 13 novembre 2000

Active

Ended mandates

LUC FRANSEN

Director

Ended

LUC FRANSEN

Manager

Ended

At this address

Other companies at this address

Company	CBE no.
Spray Up● Active	1038.269.984
Viassist● Active	1042.601.728

Annual accounts

Full financial information

	2025	2024	2023	2022	2021	2020
Type of account	Micro model	Micro model	Micro model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	24/08/2026	29/09/2025	26/08/2024	26/06/2023	30/08/2022	31/08/2021
General meeting	20/08/2026	31/08/2025	31/07/2024	12/06/2023	13/06/2022	14/06/2021
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

20 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Micro model	31/12/2025	20/08/2026	24/08/2026	Dutch	PDF
Micro model	31/12/2024	31/08/2025	29/09/2025	Dutch	PDF
Micro model	31/12/2023	31/07/2024	26/08/2024	Dutch	PDF
Abridged model	31/12/2022	12/06/2023	26/06/2023	Dutch	PDF
Abridged model	31/12/2021	13/06/2022	30/08/2022	Dutch	PDF
Abridged model	31/12/2020	14/06/2021	31/08/2021	Dutch	PDF
Abridged model	31/12/2019	08/06/2020	30/09/2020	Dutch	PDF
Abridged model	31/12/2018	11/06/2019	06/07/2019	Dutch	PDF
Abridged model	31/12/2017	11/06/2018	31/08/2018	Dutch	PDF
Abridged model	31/12/2016	12/06/2017	27/06/2017	Dutch	PDF
Abridged model	31/12/2015	13/06/2016	20/06/2016	Dutch	PDF
Abridged model	31/12/2014	08/06/2015	03/07/2015	Dutch	PDF
Abridged model	31/12/2013	10/06/2014	07/07/2014	Dutch	PDF
Abridged model	31/12/2012	10/06/2013	12/06/2013	Dutch	PDF
Abridged model	31/12/2011	11/06/2012	11/06/2012	Dutch	PDF
Abridged model	31/12/2010	13/06/2011	16/06/2011	Dutch	PDF
Abridged model	31/12/2009	14/06/2010	23/06/2010	Dutch	PDF
Abridged model	31/12/2008	15/06/2009	10/07/2009	Dutch	PDF
Abridged model	31/12/2007	09/06/2008	19/06/2008	Dutch	PDF
Abridged model	31/12/2006	11/06/2007	29/06/2007	Dutch	PDF

Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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 31/12/2025 · 3 active · 2 ended

Active mandates

Jona Fransen

Director · since 01 novembre 2022

Active

PACO FRANSEN

Director · since 01 novembre 2022

Active

Luc Fransen

Associate · since 13 novembre 2000

Active

Ended mandates

LUC FRANSEN

Director

Ended

LUC FRANSEN

Manager

Ended

Shareholders

Ownership and network

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Try for 7 days

Belgian Official Gazette

Belgian Official Gazette publications

Mandates17/01/2024
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - BENAMING - DOEL - ONTSLAGEN - BENOEMINGEN
PDF
Mandates09/02/2023
ONTSLAGEN - BENOEMINGEN
PDF
Mandates31/12/2003
ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, )
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 2025-67,0 k €↓
2024
Annual accounts 2024-8,1 k €↑
2023
Annual accounts 2023-125,4 k €↓
2023
Name changeTesTec
2022
Annual accounts 2022-82,6 k €↓
2021
Annual accounts 2021-10,5 k €↑
2021
Name changeFRANSEN LUC VERVOER, GRONDWERK EN MACHINEVERHUUR
2020
Annual accounts 2020-38,8 k €↓
2019
Annual accounts 20198,2 k €↓
2018
Annual accounts 201819,1 k €↑
2017
Annual accounts 201710,2 k €↓
2016
Annual accounts 201613,6 k €↓
2015
Annual accounts 201553,3 k €↑
2014
Annual accounts 2014-13,4 k €↓
2013
Annual accounts 201365,4 k €↑
2012
Annual accounts 2012-40,2 k €↓
2011
Annual accounts 201110,5 k €↓
2010
Annual accounts 201011,8 k €↑
2009
Annual accounts 2009-101,1 k €↓
2008
Annual accounts 2008-29,9 k €↓
2007
Annual accounts 200736,4 k €↑
2006
Annual accounts 200625,1 k €
13/11/2000
IncorporationPrivate 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

TesTec

Overview

What does TesTec do?

Trend over 20 financial years

Indicative valuation

Board of directors

Other companies at this address

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