[O] No text in pdf output

[Guido Van Hoecke]

Hi,

Had some strane problem when setting up org mode in a LXLE (Ubuntu
14.04.3 LTS) VirtualBox running an a W10 host.

I attach a small test.org file, the test.tex and test.pdf files that are
produced. The pdf file does not show any test, althought the tex file
sems to be ok (I'm a complete ignorandus with tex though).

Version info:
GNU Emacs 24.3.1 (x86_64-pc-linux-gnu, GTK+ Version 3.10.7) of 2014-03-07 on 
lamiak, modified by Debian
org-version 8.3.4
auctex 11.86-1ubuntu2
texlive-base 2013.20140215-1

I must have missed out on some very basic stuff?

Any help would be highly welcomed,

-- 
Guido

Yesterday upon the stair
I met a man who wasn't there.
He wasn't there again today --
I think he's from the CIA.