Financials
Financial year 2025
CHALLENGE from Bierbeek, company number BE0450024075, closed financial year 2025 with a result of € 81,589 after tax. For that financial year CHALLENGE recorded a gross margin of € 543,418 and equity of € 936,760. Compared with financial year 2024, the result moved from € 31,329 to € 81,589. Profitable, and profit is growing. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on December 31, 2025.
€ 936,760
▼ 9% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 81,589
▲ 160% vs 2024
Profit after tax over the fiscal year.
€ 229,286
▲ 23% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 170,000 paid out
More than the year’s profit went to the shareholders; reserves fell.
People and assets in 2025
€ 11,445
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 4.4 million
▼ 5% vs 2024
€ 219,137 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.
€ 1,572
▼ 95% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 620
▼ 30% 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 | € 865,145 | € 541,539 | € 482,252 | € 543,418 | ▲ 13% |
| Profit after taxes | € 367,019 | € 162,912 | € 31,329 | € 81,589 | ▲ 160% |
| Equity | € 1,123,952 | € 1,061,865 | € 1,025,171 | € 936,760 | ▼ 9% |
| Total debts | € 3,328,425 | € 4,246,240 | € 4,731,885 | € 4,683,909 | ▼ 1% |
| Cash | € 317,344 | € 352,427 | € 186,628 | € 229,286 | ▲ 23% |
| Land & buildings | € 2,881,985 | € 3,064,792 | € 3,206,256 | € 3,016,270 | ▼ 6% |
| Retained profit | € 1,053,952 | € 996,865 | € 963,671 | € 875,260 | ▼ 9% |
| Dividend | € 140,000 | € 225,000 | € 0 | € 170,000 | |
| Bank debt | € 2,976,543 | € 3,689,477 | € 4,593,295 | € 4,378,454 | ▼ 5% |
| Balance sheet total | € 4,789,013 | € 5,606,326 | € 6,016,862 | € 5,842,060 | ▼ 3% |
Key figures of 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 30 January 2027.
What happened to CHALLENGE?
What happened at 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 € 81,589 (▲ 160% vs 2024). Source: NBB ↗
- New establishment in Diest. KBO
- New establishment in Bierbeek. KBO
- Start of the company according to the CBE. KBO
In short
From € 367,019 profit in 2022 to € 81,589 profit in 2025.
Paid € 72,828 in corporate taxes since 2022.
Best year ever: 2022, with € 367,019 profit.
Paid out € 535,000 in dividends to the owners in total.
Management
The stake of MILAN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.
CHALLENGEBehind CHALLENGE are Milan Invest NV and Benny Mortier. The shares are held by MILAN INVEST (98.9%).
Directors
According to the 2025 annual accounts
Managing director · represented by Peter Van Hoeyveld
Also active at: V.R.S. ZAKENKANTOOR, KANTOOR VRS
Benny Mortier
Director
Shareholders
98.9%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Nieuwstraat 28
3360 Bierbeek
Kruisstraat 60
3294 Diest
Active since 1 July 2016
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 7 companies are registered at this address.
All companies at this address →V.R.S. ZAKENKANTOOR same network
€ 101,328 gross margin · 2025
SIMILON - DELARUELLE CONSULTING
MILAN INVEST same network
€ 867,331 gross margin · 2025
Solutions
KANTOOR VRS same network
€ 176,288 gross margin · 2025
+2 more
What is an establishment unit? An establishment unit is a geographically identifiable place where activities of the enterprise are carried out.
Details
- Company number
- 0450.024.075
- VAT number
- BE 0450.024.075
- Registered office
- Nieuwstraat 28, 3360 Bierbeek
- Names & denominations
- CHALLENGE
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 3 May 1993
- Peppol
- Active · Active since 10 Jun 2025
- Activities · NACE
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