Financials
Financial year 2025
THE CHALLENGE from Kortenberg, company number BE0431293078, closed financial year 2025 with a result of € 3,103 after tax. For that financial year THE CHALLENGE recorded a gross margin of € 9,390 and equity of € 99,157. Compared with financial year 2024, the result moved from € 1,192 to € 3,103. Profitable, and profit is growing. The buffer is growing. A strong own buffer against the debts. The most recent annual accounts were filed with the National Bank of Belgium on July 29, 2026.
€ 99,157
▲ 3% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 3,103
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 16,847
▲ 71% vs 2024
Cash and bank balances on the last day of the fiscal year.
Stays in the company
No dividend for 2025. Retained profit grew to € -42,952.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,409
▲ 111% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
None
No bank loans on the last day of the fiscal year.
€ 48,695
▼ 18% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 520
▼ 49% vs 2024
Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.
| 2022 | 2023 | 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|---|---|
| Gross margin | € -21,170 | € -20,189 | € 2,127 | € 9,390 | ▲ € 7,263 |
| Profit after taxes | € -24,922 | € -22,171 | € 1,192 | € 3,103 | ▲ 160% |
| Equity | € 117,034 | € 94,863 | € 96,055 | € 99,157 | ▲ 3% |
| Total debts | € 74,893 | € 25,751 | € 69,826 | € 52,326 | ▼ 25% |
| Cash | € 34,220 | € 2,006 | € 9,856 | € 16,847 | ▲ 71% |
| Retained profit | € -25,075 | € -47,246 | € -46,054 | € -42,952 | ▲ € 3,103 |
| Balance sheet total | € 191,928 | € 120,614 | € 165,881 | € 151,483 | ▼ 9% |
Key figures of THE CHALLENGE, 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 THE CHALLENGE?
What happened at THE CHALLENGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 3,103 (▲ 160% vs 2024). Source: NBB ↗
- New establishment in Kortenberg. KBO
- Start of the company according to the CBE. KBO
In short
From € 24,922 loss in 2022 to € 3,103 profit in 2025.
Paid € 3,075 in corporate taxes since 2022.
Best year ever: 2025, with € 3,103 profit.
Management
Behind THE CHALLENGE are OLIVIER ZAJUSZ and LUCASA BV BV. The same people are also behind OLZA. OLIVIER ZAJUSZ is also behind Lucasa.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Tortelduivenstraat 23
3078 Kortenberg
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
- 0431.293.078
- VAT number
- BE 0431.293.078
- Registered office
- Tortelduivenstraat 23, 3078 Kortenberg
- Names & denominations
- THE CHALLENGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 20 May 1987
- Peppol
- Active · Active since 8 Dec 2025
- Activities · NACE
Groothandel in bouwmaterialen, algemeen assortiment
Groothandel in verf, vernis en bouwmaterialen, inclusief sanitair