Financials
Financial year 2025
TESTAS from Wommelgem, company number BE0413723905, closed financial year 2025 with a result of € 1.9 million after tax. For that financial year TESTAS recorded revenue of € 128.2 million and equity of € 26.9 million. Compared with financial year 2024, the result moved from € 4.1 million to € 1.9 million. The company is profitable. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 3, 2026.
€ 26.9 million
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 1.9 million
▼ 54% vs 2024
Profit after tax over the fiscal year.
€ 695,359
▲ € 688,647 vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.7 million paid out
93 % of the profit went to the shareholders, mostly to TS Team (100 % of the shares). That is where the money ends up.
People and assets in 2025
79
▲ 1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 6.2 million
▲ 4% vs 2024
€ 78,200 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.
€ 2 million
▼ 15% vs 2024
Of which on lease € 1.2 million.
Debts at end 2025
€ 1.2 million
▼ 14% vs 2024
€ 198,624 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 8.9 million
▲ 27% vs 2024
Supplier invoices still open on the last day of the fiscal year. Pays suppliers within 26 days on average.
€ 1.7 million
▼ 4% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 143,117,049 | € 127,424,079 | € 128,244,598 | € 128,248,650 | |
| Profit after taxes | € 7,272,813 | € -1,939,535 | € 4,139,810 | € 1,884,051 | ▼ 54% |
| Equity | € 26,783,960 | € 24,844,426 | € 26,856,485 | € 26,940,253 | |
| Total debts | € 26,832,346 | € 17,112,727 | € 17,571,494 | € 18,491,189 | ▲ 5% |
| Cash | € 805,191 | € 19,191 | € 6,712 | € 695,359 | ▲ € 688,647 |
| Retained profit | € 24,999,127 | € 23,059,593 | € 25,071,652 | € 25,155,420 | |
| Dividend | € 2,919,674 | € 0 | € 2,040,456 | € 1,747,450 | ▼ 14% |
| Bank debt | € 1,776,498 | € 1,585,467 | € 1,391,938 | € 1,195,877 | ▼ 14% |
| Balance sheet total | € 53,616,306 | € 41,957,153 | € 44,427,979 | € 45,431,442 | ▲ 2% |
| Employees (FTE) | 79.1 | 75.7 | 78 | 79 | ▲ 1 |
Key figures of TESTAS, 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 TESTAS?
What happened at TESTAS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Ives Verheyden stepped down as director. NBB
- Sertac BV stepped down as director. NBB
- Ann Heirstrate stepped down as director. NBB
- Frank Peters stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 1.9 million (▼ 54% vs 2024). Source: NBB ↗
- Ives Verheyden became a director. NBB
- Sertac BV became a director. NBB
- Frank Peters became a director. NBB
In short
From € 7.3 million profit in 2022 to € 1.9 million profit in 2025.
Paid € 4.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 7.3 million profit.
Paid out € 6.7 million in dividends to the owners in total.
Management
The shares are held by TS Team (100%) and MCB International (0%). It owns 99.9% of AGIMOB itself.
Directors
According to the 2025 annual accounts
Ann Heirstrate
Director
since 2016 · until 2028
Ives Verheyden
Director
Also active at: métalSERVICE ou en néerlandais metaalSERVICE, TS-TEAM, Metal Transport & Service
since 2025 · until 2031
Director · represented by Serge Timmermans
Also active at: MCB BELGIQUE - MCB BELGIE, SAEY, Sattua, Coil Pro
since 2024 · until 2029
Shareholders
100%
MCB International
0%
Participations
99.9%
Establishments
Establishment units
Physical locations of this company
Jacobsveldweg 12
2160 Wommelgem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 4 companies are registered at this address.
All companies at this address →What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0413.723.905
- VAT number
- BE 0413.723.905
- Registered office
- Jacobsveldweg 12, 2160 Wommelgem
- Names & denominations
- TESTAS
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 29 October 1973
- Peppol
- Active · Active since 21 Oct 2026
- Activities · NACE
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