Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
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Tight liquidity NBB
Cash and receivables cover 27 % of short-term debt in 2025; threshold 65 %.
Financials
Financial year 2025
TesTec from Brasschaat, company number BE0473267750, closed financial year 2025 with a result of € -66,980 after tax. For that financial year TesTec recorded a gross margin of € 101,434 and equity of € 305,370. Compared with financial year 2024, the result moved from € -8,110 to € -66,980. The company made a loss. The buffer is growing. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on August 24, 2026.
€ 305,370
▲ € 366,682 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -66,980
▼ 726 % more loss than in 2024
Profit after tax over the fiscal year.
€ 311
▼ 99% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -146,892.
People and assets in 2025
€ 43,217
▼ 8% vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 112,334
▲ 73% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 979,655
▲ 80% vs 2024
€ 70,160 is repaid this year. At this pace the long-term loan is gone in ≈ 12 years.
€ 6,610
▼ 90% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 5,010
▼ 72% vs 2024
Taxes, VAT and social contributions still to pay.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € 99,268 | € -45,573 | € 113,343 | € 101,434 | ▼ 11% |
| Profit after taxes | € -82,559 | € -125,386 | € -8,110 | € -66,980 | ▼ € 58,870 |
| Equity | € 72,183 | € -53,202 | € -61,312 | € 305,370 | ▲ € 366,682 |
| Total debts | € 423,777 | € 258,228 | € 923,740 | € 1,274,691 | ▲ 38% |
| Cash | € 69,363 | € 10,502 | € 22,665 | € 311 | ▼ 99% |
| Land & buildings | € 12,960 | € 0 | € 507,585 | € 924,222 | ▲ 82% |
| Retained profit | € 53,583 | € -71,802 | € -79,912 | € -146,892 | ▼ € 66,980 |
| Bank debt | € 306,455 | € 198,646 | € 543,795 | € 979,655 | ▲ 80% |
| Balance sheet total | € 495,960 | € 205,025 | € 862,428 | € 1,580,061 | ▲ 83% |
| Employees (FTE) | 5.3 | - | - | - |
Key figures of TesTec, 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 TesTec?
What happened at TesTec in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 66,980. filed late Source: NBB ↗
- Jona Fransen became a director. NBB
- Paco Fransen became a director. NBB
- New establishment in Brasschaat. KBO
- Luc Fransen became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 82,559 loss in 2022 to € 66,980 loss in 2025.
Paid € 534 in corporate taxes since 2022.
On average € 18,700 of value added per employee in 2022.
Management
Behind TesTec are Jona Fransen, Paco Fransen and Luc Fransen. Luc Fransen is also behind FRANSEN DANIEL.
Directors
According to the 2025 annual accounts
Jona Fransen
Director
since 2022
Paco Fransen
Director
since 2022
since 2000
Establishments
Establishment units
Physical locations of this company
Max Hermanlei 35
2930 Brasschaat
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 2 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
- 0473.267.750
- VAT number
- BE 0473.267.750
- Registered office
- Max Hermanlei 35, 2930 Brasschaat
- Names & denominations
- TesTec · Fransen Luc
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 13 November 2000
- Peppol
- Active · Active since 28 Oct 2025
- Activities · NACE
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