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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Negative equity NBB
More debt than assets in 1 of the last 4 fiscal years.
Financials
Financial year 2025
AM CHALLENGES from Waregem, company number BE0707556107, closed financial year 2025 with a result of € -142,844 after tax. For that financial year AM CHALLENGES recorded a gross margin of € 160,962 and equity of € -22,536. Compared with financial year 2024, the result moved from € 41,048 to € -142,844. The company made a loss. More debts than assets. High debts against a small own buffer. The most recent annual accounts were filed with the National Bank of Belgium on August 31, 2026.
€ -22,536
▼ € 142,844 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -142,844
▼ still € 41,048 profit in 2024
Profit after tax over the fiscal year.
€ 55,167
▼ 64% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -41,136.
People and assets in 2025
€ 2,303
▼ 27% vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 348,530
▼ 13% vs 2024
€ 61,644 is repaid this year. At this pace the long-term loan is gone in ≈ 6 years.
€ 7,350
▲ 51% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 38,285
▲ 179% 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 | € 138,233 | € 119,704 | € 84,058 | € 160,962 | ▲ 91% |
| Profit after taxes | € 75,758 | € 47,217 | € 41,048 | € -142,844 | ▼ € 183,892 |
| Equity | € 202,044 | € 249,260 | € 120,308 | € -22,536 | ▼ € 142,844 |
| Total debts | € 369,192 | € 302,454 | € 547,144 | € 394,164 | ▼ 28% |
| Cash | € 33,669 | € 36,060 | € 152,575 | € 55,167 | ▼ 64% |
| Land & buildings | € 242,888 | € 232,952 | € 223,016 | € 213,080 | ▼ 4% |
| Retained profit | € 183,444 | € 230,660 | € 101,708 | € -41,136 | ▼ € 142,844 |
| Dividend | € 0 | € 0 | € 170,000 | € 0 | ▼ 100% |
| Bank debt | € 187,079 | € 260,737 | € 401,431 | € 348,530 | ▼ 13% |
| Balance sheet total | € 571,236 | € 551,715 | € 667,452 | € 371,629 | ▼ 44% |
Key figures of AM CHALLENGES, 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 AM CHALLENGES?
What happened at AM CHALLENGES in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 142,844 (▼ € 183,892 vs 2024). filed late Source: NBB ↗
- New establishment in Waregem. KBO
- Start of the company according to the CBE. KBO
In short
From € 75,758 profit in 2022 to € 142,844 loss in 2025.
Paid € 114,356 in corporate taxes since 2022.
Best year ever: 2022, with € 75,758 profit.
Paid out € 170,000 in dividends to the owners in total.
Management
Behind AM CHALLENGES is FILIP ROBAEYS. FILIP ROBAEYS is also behind We Count.
Directors
According to the 2025 annual accounts
Establishments
Establishment units
Physical locations of this company
Koetsierstraat 16
8790 Waregem
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 1 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
- 0707.556.107
- VAT number
- BE 0707.556.107
- Registered office
- Koetsierstraat 16, 8790 Waregem
- Names & denominations
- AM CHALLENGES
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 1 October 2018
- Peppol
- Active · Active since 10 Apr 2025
- Activities · NACE
Activiteiten van (gecertificeerde) (fiscaal) accountants