What does CHALLENGE do?

CHALLENGE is filed with the CBE under the catch-all “Overige zakelijke dienstverlening”, a code that says little about what the company actually does. Public Limited, started on 3 May 1993, 2 establishments.

What is the address of CHALLENGE?

The registered office of CHALLENGE is located at Nieuwstraat 28, 3360 Bierbeek.

Is CHALLENGE still active?

Yes. According to the CBE (29 October 2026) CHALLENGE is active, legal situation “Normale toestand”, started on 3 May 1993.

Is CHALLENGE registered on Peppol?

Yes, CHALLENGE is registered on the Peppol network with ID 0208:0450024075.

What is the enterprise number of CHALLENGE?

The enterprise number of CHALLENGE is BE0450024075.

When was CHALLENGE founded?

CHALLENGE was founded on 3 May 1993.

Who are the directors of CHALLENGE?

According to the 2025 annual accounts, the directors of CHALLENGE are: Milan Invest NV, Benny Mortier.

Is CHALLENGE a reliable company?

Databakkes does not pass judgement; this is what the sources say: Active according to the CBE since 3 May 1993; 4 annual accounts filed, latest fiscal year 2025; 2 directors known from the annual account; 2 establishments in the CBE.

How much profit did CHALLENGE make in 2025?

CHALLENGE posted a profit after taxes of € 81,589 in financial year 2025.

What is the revenue of CHALLENGE?

As a small company, CHALLENGE is not required to publish revenue in its annual accounts. In financial year 2025, its added value was € 543,418.

CHALLENGE (Public Limited) - Bierbeek - BE0450024075

Dossier CHALLENGE, printed on 29 October 2026 from databakkes.be/en/0450024075/challenge. Sources: CBE, National Bank of Belgium, Belgian Official Gazette.

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.

What it is worth Healthy

€ 936,760

▼ 9% vs 2024

Assets minus debts, by the books. What is left if everything were sold and paid today.

Profit Growing

€ 81,589

▲ 160% vs 2024

Profit after tax over the fiscal year.

Cash in the bank

€ 229,286

▲ 23% vs 2024

Cash and bank balances on the last day of the fiscal year.

Where the profit goes Pays out

€ 170,000 paid out

More than the year’s profit went to the shareholders; reserves fell.

People and assets in 2025

Vehicles and equipment

€ 11,445

Book value of vehicles, furniture and equipment.

Debts at end 2025

Bank debt ≈ 20 years to go The accounts give the long-term loan and the part due within the year. The remainder divided by that part is the number of years at an equal pace; a new loan or early repayment changes it.

€ 4.4 million

▼ 5% vs 2024

€ 219,137 is repaid this year. At this pace the long-term loan is gone in ≈ 20 years.

Owed to suppliers

€ 1,572

▼ 95% vs 2024

Supplier invoices still open on the last day of the fiscal year.

Taxes

€ 620

▼ 30% vs 2024

Corporate tax and VAT still to pay. No wage debt: nothing outstanding to staff or social security.

Key figures per fiscal year Download key figures (CSV)
	2022	2023	2024	2025	Change 2024 → 2025
Gross margin	€ 865,145 Gross margin 2022: € 865,145 First fiscal year in the series	€ 541,539 Gross margin 2023: € 541,539 ▼ 37% vs 2022 (€ 865,145) Unfavourable step	€ 482,252 Gross margin 2024: € 482,252 ▼ 11% vs 2023 (€ 541,539) Unfavourable step	€ 543,418 Gross margin 2025: € 543,418 ▲ 13% vs 2024 (€ 482,252) Favourable step	▲ 13%
Profit after taxes	€ 367,019 Profit after taxes 2022: € 367,019 First fiscal year in the series	€ 162,912 Profit after taxes 2023: € 162,912 ▼ 56% vs 2022 (€ 367,019) Unfavourable step	€ 31,329 Profit after taxes 2024: € 31,329 ▼ 81% vs 2023 (€ 162,912) Unfavourable step	€ 81,589 Profit after taxes 2025: € 81,589 ▲ 160% vs 2024 (€ 31,329) Favourable step	▲ 160%
Equity	€ 1,123,952 Equity 2022: € 1,123,952 First fiscal year in the series	€ 1,061,865 Equity 2023: € 1,061,865 ▼ 6% vs 2022 (€ 1,123,952) Unfavourable step	€ 1,025,171 Equity 2024: € 1,025,171 ▼ 3% vs 2023 (€ 1,061,865) Unfavourable step	€ 936,760 Equity 2025: € 936,760 ▼ 9% vs 2024 (€ 1,025,171) Unfavourable step	▼ 9%
Total debts	€ 3,328,425 Total debts 2022: € 3,328,425 First fiscal year in the series	€ 4,246,240 Total debts 2023: € 4,246,240 ▲ 28% vs 2022 (€ 3,328,425) Unfavourable step	€ 4,731,885 Total debts 2024: € 4,731,885 ▲ 11% vs 2023 (€ 4,246,240) Unfavourable step	€ 4,683,909 Total debts 2025: € 4,683,909 ▼ 1% vs 2024 (€ 4,731,885) Favourable step	▼ 1%
Cash	€ 317,344 Cash 2022: € 317,344 First fiscal year in the series	€ 352,427 Cash 2023: € 352,427 ▲ 11% vs 2022 (€ 317,344) Favourable step	€ 186,628 Cash 2024: € 186,628 ▼ 47% vs 2023 (€ 352,427) Unfavourable step	€ 229,286 Cash 2025: € 229,286 ▲ 23% vs 2024 (€ 186,628) Favourable step	▲ 23%
Land & buildings	€ 2,881,985 Land & buildings 2022: € 2,881,985 First fiscal year in the series	€ 3,064,792 Land & buildings 2023: € 3,064,792 ▲ 6% vs 2022 (€ 2,881,985) Unchanged	€ 3,206,256 Land & buildings 2024: € 3,206,256 ▲ 5% vs 2023 (€ 3,064,792) Unchanged	€ 3,016,270 Land & buildings 2025: € 3,016,270 ▼ 6% vs 2024 (€ 3,206,256) Unchanged	▼ 6%
Retained profit	€ 1,053,952 Retained profit 2022: € 1,053,952 First fiscal year in the series	€ 996,865 Retained profit 2023: € 996,865 ▼ 5% vs 2022 (€ 1,053,952) Unfavourable step	€ 963,671 Retained profit 2024: € 963,671 ▼ 3% vs 2023 (€ 996,865) Unfavourable step	€ 875,260 Retained profit 2025: € 875,260 ▼ 9% vs 2024 (€ 963,671) Unfavourable step	▼ 9%
Dividend	€ 140,000 Dividend 2022: € 140,000 First fiscal year in the series	€ 225,000 Dividend 2023: € 225,000 ▲ 61% vs 2022 (€ 140,000) Unchanged	€ 0 Dividend 2024: € 0 ▼ 100% vs 2023 (€ 225,000) Unchanged	€ 170,000 Dividend 2025: € 170,000 Unchanged (€ 0) Unchanged
Bank debt	€ 2,976,543 Bank debt 2022: € 2,976,543 First fiscal year in the series	€ 3,689,477 Bank debt 2023: € 3,689,477 ▲ 24% vs 2022 (€ 2,976,543) Unfavourable step	€ 4,593,295 Bank debt 2024: € 4,593,295 ▲ 24% vs 2023 (€ 3,689,477) Unfavourable step	€ 4,378,454 Bank debt 2025: € 4,378,454 ▼ 5% vs 2024 (€ 4,593,295) Favourable step	▼ 5%
Balance sheet total	€ 4,789,013 Balance sheet total 2022: € 4,789,013 First fiscal year in the series	€ 5,606,326 Balance sheet total 2023: € 5,606,326 ▲ 17% vs 2022 (€ 4,789,013) Unchanged	€ 6,016,862 Balance sheet total 2024: € 6,016,862 ▲ 7% vs 2023 (€ 5,606,326) Unchanged	€ 5,842,060 Balance sheet total 2025: € 5,842,060 ▼ 3% vs 2024 (€ 6,016,862) Unchanged	▼ 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:

Dec 31, 2025 New annual accounts for financial year 2025: profit of € 81,589 (▲ 160% vs 2024). Source: NBB ↗
Jul 1, 2016 New establishment in Diest. KBO
May 19, 1993 New establishment in Bierbeek. KBO
May 3, 1993 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.

Original PDFs at the National Bank ↗

Management

MILAN INVEST 98.9%

The stake of MILAN INVEST comes from that shareholder’s own annual accounts; small companies do not report their shareholders themselves.

CHALLENGE

Behind CHALLENGE are Milan Invest NV and Benny Mortier. The shares are held by MILAN INVEST (98.9%).

Directors

According to the 2025 annual accounts

Milan Invest NV

Managing director · represented by Peter Van Hoeyveld

Also active at: V.R.S. ZAKENKANTOOR, KANTOOR VRS

Benny Mortier

Director

Shareholders

MILAN INVEST

98.9%

Participations

No participations in other companies reported.

Establishments

Establishment units

Physical locations of this company

Registered office

Nieuwstraat 28

3360 Bierbeek

2.255.003.936

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

Overige zakelijke dienstverlening, neg

Bedrijvencentra

View on CBE Public ↗ Annual accounts (NBB) ↗

CHALLENGE

Financials

What happened to CHALLENGE?

Management

Directors

Shareholders

Participations

Establishments

Establishment units

Who else lives here?

Details

Frequently asked questions