Warning lights
Signals from the annual accounts, the CBE and the Official Gazette, each with its threshold and source. No score, no verdict.
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Two loss years in a row NBB
Negative result in 2024 and 2025.
Financials
Financial year 2025
CHALLENGE OFFICE PARK from Aalst, company number BE0473589929, closed financial year 2025 with a result of € -409,313 after tax. For that financial year CHALLENGE OFFICE PARK recorded a gross margin of € 621,962 and equity of € 2.5 million. Compared with financial year 2024, the result moved from € -524,745 to € -409,313. The company made a loss. The company holds a healthy buffer. Debts are under control. The most recent annual accounts were filed with the National Bank of Belgium on June 15, 2026.
€ 2.5 million
▼ 14% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -409,313
▲ 22 % less loss than in 2024
Profit after tax over the fiscal year.
€ 331,876
▲ € 330,696 vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -3.4 million.
Debts at end 2025
€ 11.4 million
▲ 7% vs 2024
Loans from banks and other lenders, long and short.
€ 25,910
▼ 65% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,302
▲ € 7,770 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 | € 24,166 | € 172,515 | € 616,933 | € 621,962 | ▲ 1% |
| Profit after taxes | € -27,161 | € -730,756 | € -524,745 | € -409,313 | ▲ € 115,432 |
| Equity | € 4,154,027 | € 3,423,271 | € 2,898,526 | € 2,489,213 | ▼ 14% |
| Total debts | € 6,829,353 | € 11,012,607 | € 11,460,831 | € 11,757,125 | ▲ 3% |
| Cash | € 10,184 | € 399,993 | € 1,180 | € 331,876 | ▲ € 330,696 |
| Land & buildings | - | € 13,997,096 | € 13,503,134 | € 13,008,578 | ▼ 4% |
| Retained profit | € -1,745,973 | € -2,476,729 | € -3,001,474 | € -3,410,787 | ▼ € 409,313 |
| Bank debt | € 6,657,433 | € 10,166,278 | € 10,676,278 | € 11,430,493 | ▲ 7% |
| Balance sheet total | € 10,983,381 | € 14,435,878 | € 14,359,357 | € 14,246,339 | ▼ 1% |
Key figures of CHALLENGE OFFICE PARK, 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 CHALLENGE OFFICE PARK?
What happened at CHALLENGE OFFICE PARK in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- MONTEA MANAGEMENT NV stepped down as director. NBB
- New annual accounts for financial year 2025: loss of € 409,313. Source: NBB ↗
- MONTEA MANAGEMENT NV became a director. NBB
- New establishment in Aalst. KBO
- Start of the company according to the CBE. KBO
In short
From € 27,161 loss in 2022 to € 409,313 loss in 2025.
Management
The shares are held by Montea NV (100%).
Directors
According to the 2025 annual accounts
Managing director · represented by Jo De Wolf
Also active at: CORHOE, VWBG, Montea Green Energy Belgium
since 2022 · until 2028
Shareholders
100%
Participations
No participations in other companies reported.
Establishments
Establishment units
Physical locations of this company
Alfons Van de Maelestraat 96
9320 Aalst
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 →MONTEA same network
F.C.B.
€ 590,168 gross margin · 2021
VWBG same network
€ 256,768 gross margin · 2025
Montea GTE 1
€ 570,098 gross margin · 2025
Montea Management same network
€ 30,405 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
- 0473.589.929
- VAT number
- BE 0473.589.929
- Registered office
- Alfons Van de Maelestraat 96, 9320 Aalst
- Names & denominations
- CHALLENGE OFFICE PARK
- Enterprise type
- Rechtspersoon
- Legal form
- Public limited company
- Legal situation
- Normale toestand
- Start date
- 21 December 2000
- Peppol
- Active · Active since 1 Jan 2001
- Activities · NACE
Verhuur en exploitatie van eigen of geleased niet-residentieel onroerend goed, exclusief terreinen