PS TESTWARE
ActiveSummary
PS TESTWARE has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show negative equity (-€246,791) and a net result of -€802,143. Equity is shrinking by ~25.3% per year across the filed fiscal years. Its solvency ranks better than 12% of 2729 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Checked score
Score 2025
Axes · tick = 2023
Profitability0▼-17
Solvency12▼-14
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.1%
Very low
0%0.5%1.5%4%10%≥ 25%
No credit on open account
Liquidity short (current ratio 0.19 against 0.27 in 2023; short-term debt: 112.8% and cash: 1.7% of total assets), and equity is negative.
Credit check for your own amount and term
Show the recommended maximum : and see how the verdict changes with amount, term and advance.
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 62
Relative position
BE, all sectors
reference
Computer programming, consultancy and related activities (NACE 62)
about 64% fewer bankruptcies
← fewer bankruptcies
more bankruptcies →
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
raises risk · Annual accounts: weaker financial profile
The latest annual accounts show a weaker profile in solvency, result or liquidity than companies that stay afloat.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
-12.8%
Return on assets
-41.5%
Age of the figures
9 mo
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025Equity per financial year
18192021222325
2018 to 2025 · latest year -€246,791
neutral · Latest accounts filed on time
The financial year that closed on 30-12-2025 was due by 30-07-2026 and was filed on 13-07-2026, 17 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
17 d early
2023
92 d late
2022
25 d early
2021
4 d early
2020
1 d early
2019
on the day
2018
1 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 6 days after the deadline; the sector median for financial year 2023 is 7 days before the deadline, and 35% of the sector filed late.
Checked, nothing found (1)
History
Go further with this company
How much credit can you give this customer, and on what term?Credit check What should you check before you do business with this company?Supplier due diligence Can you accept this company as a client under the anti-money-laundering law?AML client file Which of your other customers can you e-invoice via Peppol?Peppol check What other support did companies like this one receive, and it did not?Public money How does this company compare with its sector?Sector benchmark
Is this your company? See how customers and banks see it.
Investigating this company? Keep it with today's facts in a case file.
Financials · fiscal year 2025, abbreviated schema
Equity
-€246,791
2023 · €16,352
Total assets
€1.9m▼ 1.6%
2023 · €2.0m
Net result
-€802,143▼ 3,162%
2023 · -€24,589
Working capital
-€1.8m▼ 23.6%
2023 · -€1.4m
Trend over the years
Click a name to add, emphasise or remove a line.Band: the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings. Dashed line: the median.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20202021202220232025
Operating result€40,784▲ 1.8%€57,386▲ 40.7%-€126,887-€203,508▼ 60.4%-€609,435-
Net result€7,941within the sector's middle half▲ 214%€23,894within the sector's middle half▲ 201%-€160,450below the sector's middle half-€24,589below the sector's middle half▲ 84.7%-€802,143below the sector's middle half-
Equity€177,498within the sector's middle half▲ 4.7%€201,392within the sector's middle half▲ 13.5%€40,942below the sector's middle half▼ 79.7%€16,352below the sector's middle half▼ 60.1%-€246,791below the sector's middle half-
Total assets€1.4mabove the sector's middle half▲ 4.1%€1.5mabove the sector's middle half▲ 4.5%€1.8mabove the sector's middle half▲ 16.6%€2.0mabove the sector's middle half▲ 11.4%€1.9mabove the sector's middle half-
Debt€1.3m▲ 4.0%€1.3m▲ 3.2%€1.7m▲ 31.4%€1.9m▲ 13.1%€2.2m-
Working capital-€851,368below the sector's middle half=-€943,378below the sector's middle half▼ 10.8%-€1.2mbelow the sector's middle half▼ 32.4%-€1.4mbelow the sector's middle half▼ 13.9%-€1.8mbelow the sector's middle half-
Solvency12.3%below the sector's middle half▲ 0.1pp13.3%below the sector's middle half▲ 1.1pp2.3%below the sector's middle half▼ 11.0pp0.8%below the sector's middle half▼ 1.5pp-12.8%below the sector's middle half-
Current ratio0.32below the sector's middle half▲ 0.030.28below the sector's middle half▼ 0.050.27below the sector's middle half▼ 0.010.27below the sector's middle half=0.19below the sector's middle half-
Return on assets (ROA)0.5%within the sector's middle half▲ 0.4pp1.6%within the sector's middle half▲ 1.0pp-9.1%below the sector's middle half▼ 10.7pp-1.3%within the sector's middle half▲ 7.8pp-41.5%below the sector's middle half-
Staff (FTE)9.1within the sector's middle half▼ 5.2%8.8within the sector's middle half▼ 3.3%8.8within the sector's middle half=7within the sector's middle half▼ 20.5%6.8within the sector's middle half-
above
within
below
the middle half (P25 to P75) of NACE 62, Computer programming, consultancy and related activities, each year against the same schema; no band under 30 filings.
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result is -€609,435 in 2025, compared with -€203,508 in 2023. Comparable figures for the intervening years are unavailable.
Balance-sheet composition
2025 in colour, 2023 as the grey bar beneath
Assets €1.9m
Fixed assets
€1.5m ▲ 5.0%
Current assets
€420,109 ▼ 19.8%
Key figures and ratios
EBITDA
-€227,656▼
2023 · -€77,988
Cash flow
-€420,364▼
2023 · €100,931
Debt to equity
-8.83
Interest coverage
-1.17▼
2023 · -1.12
Debt ≤ 1 year
€2.2m▲
2023 · €1.9m
Income taxes
€2,703▲
2023 · €1,323
Staff costs
€1.6m▲
2023 · €772,175
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Remuneration, social security and pensions62 | - | €768,658 | €673,231 | €772,175 | €1.6m | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €903 | €28,098 | €71,636 | €125,520 | €381,779 | - |
| Write-downs on stocks, contracts in progress and trade receivables: additions (reversals)631/4 | - | - | - | - | -€3,245 | - |
| Other operating charges640/8 | - | €537 | €12,720 | €20,578 | €81,336 | - |
| Gross operating margin9900 | €795,021 | €854,679 | €630,700 | €714,764 | €1.4m | - |
| Operating profit (loss)9901 | €40,784 | €57,386 | -€126,887 | -€203,508 | -€609,435 | - |
| Financial income75/76B | - | €13 | €7,301 | €250,005 | €5,316 | - |
| Recurring financial income75 | €2,484 | €13 | €7,301 | €5 | €5,316 | - |
| Non-recurring financial income76B | - | - | - | €250,000 | - | - |
| Financial charges65/66B | - | €32,145 | €39,505 | €69,763 | €195,321 | - |
| Recurring financial charges65 | €34,224 | €32,145 | €39,505 | €69,763 | €195,321 | - |
| Profit (loss) for the period before taxes9903 | €9,043 | €25,254 | -€159,092 | -€23,267 | -€799,440 | - |
| Income taxes67/77 | €1,102 | €1,360 | €1,359 | €1,323 | €2,703 | - |
| Profit (loss) for the period9904 | €7,941 | €23,894 | -€160,450 | -€24,589 | -€802,143 | - |
| Profit (loss) for the period to be appropriated9905 | €7,941 | €23,894 | -€160,450 | -€24,589 | -€802,143 | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €1.4m | €1.5m | €1.8m | €2.0m | €1.9m | - |
| Fixed assets21/28 | €1.0m | €1.1m | €1.3m | €1.4m | €1.5m | - |
| Intangible fixed assets21 | - | €109,600 | €258,045 | €402,078 | €474,231 | - |
| Tangible fixed assets22/27 | €933 | €234 | €646 | €336 | - | - |
| Furniture and vehicles24 | - | €234 | €646 | €336 | - | - |
| Financial fixed assets28 | €1.0m | €1.0m | €1.0m | €1.0m | €1.0m | - |
| Current assets29/58 | €407,727 | €363,490 | €466,098 | €523,710 | €420,109 | - |
| Amounts receivable within one year40/41 | €313,797 | €277,406 | €350,552 | €441,250 | €384,351 | - |
| Trade receivables40 | - | €264,661 | €336,997 | €427,880 | €372,678 | - |
| Other amounts receivable41 | - | €12,744 | €13,555 | €13,370 | €11,673 | - |
| Current investments50/53 | €3,368 | €3,368 | €3,368 | €3,368 | €3,368 | - |
| Cash at bank and in hand54/58 | €88,062 | €82,688 | €107,528 | €78,765 | €32,177 | - |
| Deferred charges and accrued income490/1 | - | €29 | €4,651 | €328 | €214 | - |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €1.4m | €1.5m | €1.8m | €2.0m | €1.9m | - |
| Equity10/15 | €177,498 | €201,392 | €40,942 | €16,352 | -€246,791 | - |
| Contributions10/11 | €649,695 | €666,733 | €666,733 | €666,733 | €1.2m | - |
| Capital10 | - | €649,695 | €649,695 | €649,695 | €1.2m | - |
| Issued capital100 | - | €649,695 | €649,695 | €649,695 | €1.2m | - |
| Outside capital11 | - | €17,039 | €17,039 | €17,039 | €17,039 | - |
| Share premium1100/10 | - | €17,039 | €17,039 | €17,039 | €17,039 | - |
| Reserves13 | €68,337 | €68,337 | €68,337 | €68,337 | €68,337 | - |
| Non-distributable reserves130/1 | - | €68,337 | €68,337 | €68,337 | €68,337 | - |
| Legal reserve130 | - | €64,969 | €64,969 | €64,969 | €64,969 | - |
| Own shares acquired1312 | - | €3,368 | €3,368 | €3,368 | €3,368 | - |
| Profit (loss) carried forward14 | -€557,573 | -€533,679 | -€694,129 | -€718,718 | -€1.5m | - |
| Amounts payable17/49 | €1.3m | €1.3m | €1.7m | €1.9m | €2.2m | - |
| Amounts payable after more than one year17 | €9,042 | €2,289 | - | - | - | - |
| Financial debts170/4 | - | €2,289 | - | - | - | - |
| Amounts payable within one year42/48 | €1.3m | €1.3m | €1.7m | €1.9m | €2.2m | - |
| Current portion of amounts payable after more than one year42 | - | €10,615 | €12,904 | €1,401 | - | - |
| Financial debts43 | - | €375,000 | €375,000 | €375,000 | €375,000 | - |
| Credit institutions430/8 | - | €375,000 | €375,000 | €375,000 | €375,000 | - |
| Trade debts44 | €120,703 | €102,145 | €111,331 | €118,366 | €185,733 | - |
| Suppliers440/4 | - | €102,145 | €111,331 | €118,366 | €185,733 | - |
| Taxes, remuneration and social security45 | - | €172,695 | €212,252 | €338,548 | €417,308 | - |
| Taxes450/3 | - | €51,394 | €57,808 | €142,301 | €156,292 | - |
| Remuneration and social security454/9 | - | €121,301 | €154,444 | €196,246 | €261,016 | - |
| Other amounts payable47/48 | - | €646,413 | €1.0m | €1.1m | €1.2m | - |
| Accrued charges and deferred income492/3 | - | €1,250 | €6,750 | €1,133 | - | - |
| Line | 2020 | 2021 | 2022 | 2023 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €7,941 | €23,894 | -€160,450 | -€24,589 | -€802,143 | - |
| + Depreciation and write-downs630 | €903 | €28,098 | €71,636 | €125,520 | €381,779 | - |
| Operating cash flow (approximation) | €8,843 | €51,993 | -€88,814 | €100,931 | -€420,364 | - |
| Investment in fixed assets (approximation) | - | -€137,000 | -€220,493 | -€269,243 | - | - |
| Change in cash | - | -€5,374 | €24,840 | -€28,763 | - | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Timeline · acts, filings and financial milestones
2026
13-07
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
30-12
Financial
Weakest financial yearnet -€802,143
Net result drops to -€802,143, the lowest in the series.
2024
31-10
NBB filing
Annual accounts filed
fiscal year 2023 · abbreviated schema · 92 days late
2023
06-07
NBB filing
Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
27-07
NBB filing
Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial
Highest result since 2018net €23,894 ▲201%
Operating result €57,386, net result €23,894, both a record.
31-12
Financial
Equity above €200,000Eq €201,392 ▲13.5%
3 profitable years in a row build equity to €201,392.
30-07
NBB filing
Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
31-07
NBB filing
Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial
Back to profitnet €2,531
Net result €2,531 after one loss-making year.
30-07
NBB filing
Annual accounts filed
fiscal year 2018 · abbreviated schema
2018
30-07
NBB filing
Annual accounts filed
fiscal year 2017 · abbreviated schema
2017
12-07
NBB filing
Annual accounts filed
fiscal year 2016 · full schema
2016
11-07
NBB filing
Annual accounts filed
fiscal year 2015 · full schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 8 acts read
About the unread acts
We know of 8 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
Have them read with priority
Sign in to place this company at the front of the reading queue.
Directors · office · real estate
Directors
8 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Leuven · 1 establishment unit since 1994
Ground area
908 m²
Building footprint
1,055 m²
Volume, LiDAR
6,992 m³
Parcel 24514A0044/00L000, Flanders · tallest building 17.1 m, ±2 floors. Linked by address, not a title deed.
3
companies at this address
See who is registered here
1 establishment unit
PS-TESTWARE
since 19942.065.801.080
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 24514A0044/00L000 | Flanders | 908 m² | 1 · 1,055 m² | 17.1 m · 2 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.
Structure & network
Owners and holdings
2 holdingsOwners 0
The accounts to 30-12-2025 list no shareholders, and no other source names one.
Holdings 2
-
100%
-
99.5%
According to the annual accounts to 30-12-2025 of PS TESTWARE and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.
Connections & network
No current directors or connected companies found in the register.
Public money · subsidies and aid
Flemish government
2022 · 1 entry · 2,070 EUR awarded · 2,070 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2022 | 1 | 2,070 EUR | 2,070 EUR |
Similar companies · same sector, comparable size
OMTECH
BE 1014.615.941
Sint-Pieters-Woluwe · Eq €16,350
Ictinus
BE 0822.500.117
Kontich · Eq €16,361
HAD IT Expert
BE 0727.810.596
Schaarbeek · Eq €16,364
ojanu
BE 1021.120.780
Ath · Eq €16,365
CODICTED
BE 0694.572.557
Brakel · Eq €16,372
Of 30,007 companies in sector 62200 we hold annual accounts for 18,400. 12,106 are within a factor 10 of this equity. The 5 above are the closest to it. See the whole sector
Identification & contact
Identification
Legal formPublic limited company
Founded27-01-1994
Fiscal year end30-12
Activities, NACEBEL 2025
62200Computer consultancy and computer facilities management
E-invoicing
Reachable via Peppol
Peppol ID
0208:0452033559
Also
9925:BE0452033559
Registered
29-03-2024
Register as of 27 September 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.