Financials
Financial year 2025
TESTO from Ternat, company number BE0427483255, closed financial year 2025 with a result of € 553,072 after tax. For that financial year TESTO recorded a gross margin of € 5.4 million and equity of € 3.1 million. Compared with financial year 2024, the result moved from € 860,792 to € 553,072. The company is profitable. The company holds a healthy buffer. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on June 22, 2026.
€ 3.1 million
▼ 17% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 553,072
▼ 36% vs 2024
Profit after tax over the fiscal year.
€ 741,232
▲ 25% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 1.2 million paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
45.1
▲ 2.1 vs 2024
Average over the fiscal year, from the social balance sheet.
€ 4.4 million
▲ 14% vs 2024
€ 97,100 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.
€ 425,972
▲ 2% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 100,870
Loans from banks and other lenders, long and short.
€ 426,761
▲ € 353,795 vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 827,686
▲ 15% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Revenue | € 11,335,585 | € 11,995,204 | € 12,441,764 | - | |
| Gross margin | - | - | - | € 5,387,290 | |
| Profit after taxes | € 1,104,486 | € 1,060,731 | € 860,792 | € 553,072 | ▼ 36% |
| Equity | € 4,779,298 | € 4,240,028 | € 3,700,820 | € 3,053,892 | ▼ 17% |
| Total debts | € 1,028,090 | € 1,092,361 | € 874,281 | € 1,911,976 | ▲ 119% |
| Cash | € 2,543,360 | € 1,402,579 | € 592,166 | € 741,232 | ▲ 25% |
| Land & buildings | € 612,999 | € 598,120 | € 785,282 | € 990,425 | ▲ 26% |
| Retained profit | € 4,704,298 | € 4,165,028 | € 3,625,820 | € 2,978,892 | ▼ 18% |
| Dividend | € 0 | € 1,600,000 | € 1,400,000 | € 1,200,000 | ▼ 14% |
| Bank debt | € 29,671 | € 7,428 | € 0 | € 100,870 | |
| Balance sheet total | € 5,807,388 | € 5,332,390 | € 4,575,102 | € 4,965,868 | ▲ 9% |
| Employees (FTE) | 41.9 | 41.5 | 43 | 45.1 | ▲ 2.1 |
Key figures of TESTO, 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 TESTO?
What happened at TESTO in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- Petra Toischer stepped down as director. NBB
- Jeroen Van Der Kelen stepped down as director. NBB
- New annual accounts for financial year 2025: profit of € 553,072 (▼ 36% vs 2024). Source: NBB ↗
- Petra Toischer became a director. NBB
- Jeroen Van Der Kelen became a director. NBB
- New establishment in Ternat. KBO
- Start of the company according to the CBE. KBO
In short
From € 1.1 million profit in 2022 to € 553,072 profit in 2025.
Paid € 1.3 million in corporate taxes since 2022.
Best year ever: 2022, with € 1.1 million profit.
On average € 119,500 of value added per employee in 2025.
Management
Directors
According to the 2025 annual accounts
Jeroen Van Der Kelen
Managing director
since 2024 · until 2030
Petra Toischer
Director
since 2025 · until 2031
Establishments
Establishment units
Physical locations of this company
Industrielaan 19
1740 Ternat
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0427.483.255
- VAT number
- BE 0427.483.255
- Registered office
- Industrielaan 19, 1740 Ternat
- Names & denominations
- TESTO
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 20 June 1985
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Groothandel in meet-, controle- en navigatieinstrumenten