ACTIVE

TESTIT

Financial year 2026 · closed on 31/03/2026
Net result
61,9 k €
-13.8% YoY
Gross margin
90,0 k €
-5.7% YoY
Equity
282,9 k €
-23.4% YoY

What does TESTIT do?

TESTIT is a Private limited company incorporated in 2004. Its main activity is: Computer consultancy activities. Its registered office is in Glabbeek.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0863.444.906
Incorporation
16/02/2004
Legal form
Private limited company
Registered office
Moutsbornstraat 4
3380 Glabbeek · FlandreSee on map
Contributed capital
18 600,00 €
Latest accounts
31/03/2026
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 20 financial years

20262025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin90,0 k €95,4 k €91,7 k €101,0 k €71,6 k €74,2 k €46,8 k €75,9 k €73,4 k €78,3 k €79,2 k €65,3 k €69,1 k €71,0 k €71,5 k €47,2 k €53,4 k €76,9 k €65,9 k €74,0 k €
EBITDA89,6 k €95,0 k €91,3 k €100,3 k €70,9 k €73,5 k €46,3 k €75,3 k €73,0 k €77,9 k €78,8 k €64,8 k €68,6 k €70,2 k €71,1 k €46,7 k €52,8 k €76,4 k €65,4 k €73,5 k €
Operating result75,0 k €81,0 k €77,5 k €93,8 k €69,4 k €72,1 k €38,2 k €67,0 k €65,3 k €70,0 k €71,4 k €63,9 k €67,5 k €63,6 k €64,9 k €40,8 k €46,4 k €69,8 k €60,6 k €68,2 k €
Net result61,9 k €71,9 k €60,3 k €68,3 k €65,4 k €55,3 k €27,8 k €50,0 k €44,3 k €46,8 k €49,0 k €45,5 k €49,0 k €47,5 k €47,9 k €32,3 k €36,3 k €56,7 k €48,5 k €50,4 k €
Balance sheet
Equity282,9 k €369,4 k €347,6 k €343,4 k €300,0 k €323,6 k €303,8 k €276,1 k €359,9 k €315,6 k €278,7 k €239,8 k €204,2 k €216,7 k €169,2 k €123,7 k €93,8 k €257,5 k €203,2 k €157,1 k €
Total assets297,5 k €385,5 k €366,3 k €375,4 k €320,6 k €346,6 k €321,1 k €289,8 k €387,4 k €339,0 k €299,6 k €259,9 k €259,1 k €223,2 k €176,0 k €131,8 k €297,6 k €262,2 k €210,0 k €204,1 k €
Cash201,8 k €265,1 k €239,3 k €213,5 k €240,0 k €220,4 k €167,1 k €140,0 k €175,5 k €162,5 k €114,0 k €115,2 k €164,4 k €165,2 k €152,2 k €94,4 k €257,0 k €206,3 k €175,7 k €164,0 k €
Debts14,5 k €16,0 k €18,8 k €31,8 k €20,5 k €23,0 k €17,2 k €13,7 k €27,6 k €23,5 k €20,9 k €20,1 k €54,9 k €6,6 k €6,4 k €8,1 k €203,8 k €4,8 k €6,8 k €47,0 k €
Estimate

Indicative valuation

As an indication, this company is worth

between 500 k€ and 1 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/03/2026 · 1 active · 1 ended

Active mandates

Bart Morren

Director

Active

Ended mandates

Bart Morren

Manager

Ended
Annual accounts

Full financial information

202620252024202320222021
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202501/04/202401/04/202301/04/202201/04/202101/04/2020
Closing of the financial year31/03/202631/03/202531/03/202431/03/202331/03/202231/03/2021
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date14/09/202615/09/202516/09/202426/09/202319/09/202224/09/2021
General meeting05/09/202606/09/202507/09/202402/09/202303/09/202204/09/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

20 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/03/202605/09/202614/09/2026DutchPDF
Micro model31/03/202506/09/202515/09/2025DutchPDF
Micro model31/03/202407/09/202416/09/2024DutchPDF
Micro model31/03/202302/09/202326/09/2023DutchPDF
Micro model31/03/202203/09/202219/09/2022DutchPDF
Micro model31/03/202104/09/202124/09/2021DutchPDF
Micro model31/03/202005/09/202028/09/2020DutchPDF
Micro model31/03/201907/09/201918/09/2019DutchPDF
Micro model31/03/201801/09/201819/09/2018DutchPDF
Micro model31/03/201702/09/201718/09/2017DutchPDF
Abridged model31/03/201603/09/201621/09/2016DutchPDF
Abridged model31/03/201505/09/201516/09/2015DutchPDF
Abridged model31/03/201406/09/201424/09/2014DutchPDF
Abridged model31/03/201307/09/201327/09/2013DutchPDF
Abridged model31/03/201201/09/201224/09/2012DutchPDF
Abridged model31/03/201103/09/201112/09/2011DutchPDF
Abridged model31/03/201004/09/201013/09/2010DutchPDF
Abridged model31/03/200905/09/200921/09/2009DutchPDF
Abridged model31/03/200806/09/200818/09/2008DutchPDF
Abridged model31/03/200701/09/200713/09/2007DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 500 k€ and 1 M€

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 31/03/2026 · 1 active · 1 ended

Active mandates

Bart Morren

Director

Active

Ended mandates

Bart Morren

Manager

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates30/12/2022
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares01/06/2018
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares29/04/2014
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Other15/03/2004
    DIVERSEN
    PDF
  • Other23/02/2004
    RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
    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

Timeline

  1. 2026
    Annual accounts 202661,9 k €
  2. 2025
    Annual accounts 202571,9 k €
  3. 2024
    Annual accounts 202460,3 k €
  4. 2023
    Annual accounts 202368,3 k €
  5. 2022
    Annual accounts 202265,4 k €
  6. 2021
    Annual accounts 202155,3 k €
  7. 2020
    Annual accounts 202027,8 k €
  8. 2019
    Annual accounts 201950,0 k €
  9. 2018
    Annual accounts 201844,3 k €
  10. 2017
    Annual accounts 201746,8 k €
  11. 2016
    Annual accounts 201649,0 k €
  12. 2015
    Annual accounts 201545,5 k €
  13. 2014
    Annual accounts 201449,0 k €
  14. 2013
    Annual accounts 201347,5 k €
  15. 2012
    Annual accounts 201247,9 k €
  16. 2011
    Annual accounts 201132,3 k €
  17. 2010
    Annual accounts 201036,3 k €
  18. 2009
    Annual accounts 200956,7 k €
  19. 2008
    Annual accounts 200848,5 k €
  20. 2007
    Annual accounts 200750,4 k €
  21. 16/02/2004
    IncorporationPrivate limited company