TESTA CONSTRUCT
ActiveSummary
The computed 12-month bankruptcy probability of TESTA CONSTRUCT is 1.8% (moderate). The 2025 annual accounts show equity of €54,255 and a net result of €9,929, of which €28,812 non-recurring income. Its solvency ranks better than 19% of 2,790 sector peers (NACE 41, financial year 2025). The company has been active since 2010 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
- Equity
- €54,255
- Profit
- €9,929
- Holdings
- 1
- CALLAERT Sofie Johannes PhilomenaDirector
- DE GREEF ManuDirector
Why 53raises riskLiquidity: current ratio 0.03Sector: Construction of residential and non-residential buildings (NACE 41)No registered site in the KBOlowers riskSize: total assets €521,431Show the evidence
Checked score
About 2 in 100 comparable companies go bankrupt within 12 months (an estimate).
How it is calculated
The band follows from the bankruptcy probability, on a scale where 10 more points roughly halve it:
| 75-100 | Excellent | under 0.55% |
| 60-74 | Healthy | 0.55% to 1.5% |
| 45-59 | Fair | 1.5% to 4.2% |
| 25-44 | Weak | 4.2% to 15.0% |
| 0-24 | Critical | over 15.0% |
Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 41, micro): better than 19% on solvency, 3% on liquidity, 17% on profitability and 66% on growth.
The bankruptcy probability was computed on 30-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.
Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).
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Signals
This company filed its last 2 accounts on average 45 days before the deadline; the sector median (NACE 41) for financial year 2024 is on the deadline day, and 46% of those companies filed late.
Searched, nothing found (2)
- Annual accounts filedfinancial year 2025 · abbreviated…
- Back to profitnet €9,929
- Annual accounts filedfinancial year 2024 · abbreviated…
Financials · financial year 2025, abbreviated format
2024 to 2025, 2 financial years
The operating result stays negative: a loss of €5,677 in 2025 against €6,246 in 2024; the loss shrinks.
What the company sold each financial year and what was left of it. A loss stands below the zero line.
What the company owns (total assets), how much of it is its own (equity) and how much it owes.
Short-term assets minus short-term debts. Above zero the company can pay its bills in the short term.
How much of each euro of turnover is left from operations (EBIT margin) and what the assets earn (return on assets).
The share of the company financed with its own means. The higher it is, the better it absorbs a shock.
Short-term assets per euro of short-term debt. Above 1 the short-term debts are covered.
Use the arrow keys on the chart for the figures per year.
Sector: the middle half of NACE 41, Construction of residential and non-residential buildings: a quarter of companies sit below it, a quarter above. Each year compared with accounts in the same format, and only where there are at least 30. Dashed line: the median. Available for Net result, Equity, Total assets, Working capital, Solvency, Current ratio, Return on assets (ROA).
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Non-recurring operating income76A | €1,488 | - | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €853 | €853 | = |
| Other operating charges640/8 | €2,402 | €3,450 | ▲ 43.6% |
| Gross operating margin9900 | -€2,991 | -€1,375 | ▲ 54.0% |
| Operating profit (loss)9901 | -€6,246 | -€5,677 | ▲ 9.1% |
| Financial income75/76B | €89 | €29,156 | ▲ 326× |
| Recurring financial income75 | €89 | €344 | ▲ 285% |
| Non-recurring financial income76B | - | €28,812 | - |
| Financial charges65/66B | €13,662 | €13,247 | ▼ 3.0% |
| Recurring financial charges65 | €13,662 | €13,247 | ▼ 3.0% |
| Profit (loss) for the period before taxes9903 | -€19,818 | €10,232 | - |
| Income taxes67/77 | €465 | €303 | ▼ 34.9% |
| Profit (loss) for the period9904 | -€20,283 | €9,929 | - |
| Profit (loss) for the period to be appropriated9905 | -€20,283 | €9,929 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €491,407 | €521,431 | ▲ 6.1% |
| Fixed assets21/28 | €481,686 | €509,645 | ▲ 5.8% |
| Tangible fixed assets22/27 | €1,925 | €1,072 | ▼ 44.3% |
| Plant, machinery and equipment23 | €1,366 | €956 | ▼ 30.0% |
| Furniture and vehicles24 | €559 | €116 | ▼ 79.2% |
| Financial fixed assets28 | €479,761 | €508,573 | ▲ 6.0% |
| Current assets29/58 | €9,721 | €11,786 | ▲ 21.2% |
| Amounts receivable within one year40/41 | €5,945 | €9,174 | ▲ 54.3% |
| Trade receivables40 | €583 | €6,997 | ▲ 12× |
| Other amounts receivable41 | €5,363 | €2,177 | ▼ 59.4% |
| Cash at bank and in hand54/58 | €1,179 | - | - |
| Deferred charges and accrued income490/1 | €2,597 | €2,612 | ▲ 0.6% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €491,407 | €521,431 | ▲ 6.1% |
| Equity10/15 | €44,326 | €54,255 | ▲ 22.4% |
| Contributions10/11 | €460,070 | €460,070 | = |
| Profit (loss) carried forward14 | -€415,744 | -€405,815 | ▲ 2.4% |
| Amounts payable17/49 | €447,081 | €467,176 | ▲ 4.5% |
| Amounts payable within one year42/48 | €447,081 | €467,176 | ▲ 4.5% |
| Financial debts43 | - | €2,477 | - |
| Credit institutions430/8 | - | €2,477 | - |
| Trade debts44 | €956 | €3,429 | ▲ 259% |
| Suppliers440/4 | €956 | €3,429 | ▲ 259% |
| Taxes, remuneration and social security45 | €416 | €1,439 | ▲ 246% |
| Taxes450/3 | €416 | €1,439 | ▲ 246% |
| Other amounts payable47/48 | €445,709 | €459,830 | ▲ 3.2% |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | -€20,283 | €9,929 | - |
| + Depreciation and write-downs630 | €853 | €853 | = |
| Operating cash flow (approximation) | -€19,431 | €10,782 | - |
| Investment in fixed assets (approximation) | - | -€28,812 | - |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
Filings with the National Bank (2)
| Financial year | Type | Filed | Reference |
|---|---|---|---|
| 31-12-2025 | abbreviated format | 09-06-2026 | 2026-00154826 |
| 31-12-2024 | abbreviated format | 23-06-2025 | 2025-00171664 |
Similar companies · same sector, comparable size
Public contracts: No European public contracts awarded found since October 2016. Contracts below the EU thresholds are not in TED.
Directors
Not every act has been read: a resignation may still be missing
Mandate history
- Board
- began earlier
| Name | Functions and periods |
|---|---|
| CALLAERT Sofie Johannes Philomena |
|
| DE GREEF Manu |
|
Owners and capital
Capital and shareholders
- 18-04-2024 Capital stated in the deed · 2,300 shares
Group and network
Holdings and subsidiaries
1 holdingHoldings 1
-
33.2%
According to the 2025 annual accounts of TESTA CONSTRUCT and those of the other companies, the acts in the Belgian Official Gazette and the LEI register. Annual accounts state the shareholders that notified the company under article 7:225 of the Code of Companies and Associations and the parent companies that consolidate it. 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 include these statements in its annual accounts, or does not have to, is not listed.
Connections & network
2 current directorsThe network starts from this company’s directors. Other companies they run appear here as nodes.
History
Acts, filings and financial milestones
18-04
Gazette deed
Resignation: DE GREEF Manu (manager)Appointments: DE GREEF Manu (director) and CALLAERT Sofie Johannes Philomena (eerste opvolgend bestuurder) · Purpose change · Auditor report16 facts ▸
- Other provision, “Kennisname en goedkeuring verslag bestuursorgaan, eenparigheid” (deed in Dutch)
- Purpose change
- Auditor report, “eenparigheid”, 31-12-2023 (deed in Dutch)
- Net-asset statement, 31-12-2023
- Auditor report, “nagaan of nettoactief is overgewaardeerd, normen Instituut Bedrijfsrevisoren en verslag bij omzetting en Belgisch boekhoudkundig referentiestelsel” (deed in Dutch)
- Other provision, “overschrijding wettelijke termijnen voorleggen verslagen, geen wezenlijke invloed op uitvoering opdracht” (deed in Dutch)
- Other provision, “beperking aanwending verslag en besluiten, toepassing artikel 14:4 Wetboek van vennootschappen en verenigingen” (deed in Dutch)
- Legal-form conversion, “besloten vennootschap” (deed in Dutch)
- Amendment of the articles (2 times)
- Capital conversion, “schrappen statutair onbeschikbare eigenvermogensrekening en beschikbaar maken voor toekomstige uitkeringen, eenparigheid” (deed in Dutch)
- Capital
- Director resignation, DE GREEF Manu (manager)
- +4 further facts in this act
About the unread acts
Of the 2 Belgian Official Gazette deeds we know for this company, 1 has been read. The other one has not been read yet: what they contain is neither established nor disproved here.
Register details
If you follow this company, Checked tells you the day it leaves the Peppol register.
Register as of 30 October 2026 · Peppol Directory
Scores and ratios are computed by Checked and are not a credit decision.
Check the withholding obligation If you pay this company for building or cleaning work, check before every payment whether you must withhold part of the invoice, with enterprise number 0832.505.666
Environmental permits: No permit applications found in Flanders. Brussels and Wallonia do not publish the applicant.
Sites & property
1 parcel
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 11021A0150/00S003 | Flanders | 551 m² | 1 · 117 m² | 10.3 m · 2 |
How the parcels are linked
Articles of association
What the company does
- PurposeThe activities the company may carry out under its articles.
- “Het deelnemen in de directie voeren over andere vennootschappen en ondernemingen;het management en het bestuur van om het even welke…” (deed in Dutch)
14 activities (deed in Dutch)
- Het deelnemen in de directie voeren over andere vennootschappen en ondernemingen;het management en het bestuur van om het even welke ondernemingen en vennootschappen,het optreden als vereffenaar;
- Het verlenen van technische,administratieve of commerciële bijstand aan alle Belgische en buitenlandse ondernemingen;het verlenen van financiële bijstand;
- Zowel in België als in het buitenland,onder eender welke vorm,participaties te verwerven en aan te houden;
- Haar patrimonium,bestaande uit onroerende en roerende goederen of rechten,te behouden,in de ruimste zin van het woord te beheren en oordeelkundig uit te breiden;het aankopen,verkopen,opschikken,uitrusten,valoriseren,bouwen,verhuren,onderverhuren of in huur nemen van onroerende goederen,al dan niet gemeubeld;
- De aankoop,verhuur,onderhoud en verkoop van alle roerende goederen-desgevallend ten behoeve van eigen handelsverrichtingen of voor handelsverrichtingen van derden-zoals alle soorten materieel,gereedschappen,machines,installaties en computers,soft- en hardware;
- Het aanvragen,verwerven,verhandelen en exploiteren van licenties,octrooien,merken en dergelijke;
- Het administratief opvolgen en beheer van bestanden en archieven;
- Het begeleiden van kleine,middelgrote en grote ondernemingen in de meest ruime zin.
- Het aannemen van alle bouwwerken;hieronder dient verstaan te worden,zonder dat de opsomming als beperkend mag aangezien worden,doch enkel als verklarend:het oprichten en afwerken van nieuwe gebouwen,het verbouwen en herinrichten van bestaande gebouwen,het plaatsen van alle gas-,elektriciteits-,gezondheids- en verwarmingsinrichtingen,alsmede het uitvoeren van alle tegel-,garnier- en schilderwerken;de aankoop en de verkoop van alle materialen nodig tot het op- en inrichten van gebouwen in de meest uitgebreide zin;de aankoop,de verkoop,de verwerving ten gelijk welke titel,alsmede de verhuring van alle onroerende goederen.
- Deze opsomming is niet beperkend noch bepalend en dient in de breedste zin uitgelegd te worden.
- Zij heeft in het algemeen de volle rechtsbekwaamheid om alle handelingen en verrichtingen te voltrekken die rechtstreeks of onrechtstreeks verband houden met haar voorwerp of welke van die aard zouden zijn dat zij de verwezenlijking van dit voorwerp,rechtstreeks of onrechtstreeks,geheel of ten dele vergemakkelijken.
- Zij kan belangen nemen door associatie,inbreng,fusie,financiële tussenkomst of op gelijk welke andere wijze,in alle vennootschappen,verenigingen of ondernemingen met een identiek lopend of samenhangend voorwerp met het hare,of die van aard kunnen zijn de ontwikkeling van haar onderneming te begunstigen of een bron van afzetten te vormen.
- Gecertificeerde asbestdeskundige.
- De vennootschap mag alle industriële,commerciële en financiële,roerende en onroerende verrichtingen doen die kunnen bijdragen tot het verwezenlijken of het vergemakkelijken van het voorwerp,met inbegrip van:het deelnemen in alle ondernemingen die een gelijkaardig voorwerp nastreven of waarvan het doel in nauw verband met het hare staat,kredieten en leningen aangaan en toestaan,zich voor derden borg stellen door haar goederen in hypotheek of in pand te geven.
- DurationHow long the company exists; usually unlimited, so until it is dissolved.
- Unlimited
- Name clauseThe name the company operates under according to its articles.
- TESTA CONSTRUCT
- Registered office clauseThe region of the registered office; it decides among other things the language of official documents.
- “Vlaamse Gewest, exploitatiezetels,administratieve zetels,filialen,agentschappen en depots in België of buitenland” (deed in Dutch)
Who represents it, and how
- Who signsWho may bind the company towards others, for example by signing a contract.
- “De algemene vergadering die de bestuurder(s) benoemt bepaalt hun aantal, de duur van hun opdracht en, indien er meerdere bestuurders zijn…”
- Board ruleHow the board is made up, meets and takes decisions.
- “Met of zonder beperking,bij gebrek onbepaalde duur, natuurlijke personen of rechtspersonen,al dan niet aandeelhouder” (deed in Dutch)“Algemene kosten los van representatie-,reis- en verplaatsingskosten, algemene vergadering” (deed in Dutch)
Capital, shares and profit
- Kind of sharesWhich classes of shares exist and what rights each class carries.
- “Op naam, register van aandelen op naam met WVV-vermeldingen” (deed in Dutch)
- Transfer restrictionWhether shareholders may sell their shares freely or need approval first.
- “Helft overdrager,helft koper(s) naar evenredigheid, vermelde prijs of bij betwisting door deskundige” (deed in Dutch)
- Share issue ruleHow and by whom new shares can be issued.
- “Zelfde wijze tot volledig geplaatst of geen gebruik, 15” (deed in Dutch)
Meetings and financial year
- Annual meetingWhen the shareholders meet each year, among other things to approve the annual accounts.
- First Tuesday of June at 18:00
Oversight and winding up
- Dissolution ruleWhen and by whom the company can be dissolved.
- “Vormen vereist voor statutenwijziging, beslissing algemene vergadering” (deed in Dutch)
- Liquidation ruleHow assets are shared after dissolution: creditors first, then shareholders.
- One provision in the deed