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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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Figures corrected NBB
Corrected annual account filed for 2022.
Financials
Financial year 2025
CHALLENGEWORKS from Elsene, company number BE0811600780, closed financial year 2025 with a result of € 138,608 after tax. For that financial year CHALLENGEWORKS recorded a gross margin of € 210,573 and equity of € 210,486. Compared with financial year 2024, the result moved from € 85,044 to € 138,608. 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 May 8, 2026.
€ 210,486
▲ 29% vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ 138,608
▲ 63% vs 2024
Profit after tax over the fiscal year.
€ 145,402
▲ 48% vs 2024
Cash and bank balances on the last day of the fiscal year.
€ 91,785 paid out
66 % of the profit went to the shareholders, the rest stayed in the company.
People and assets in 2025
≈ 1
No payroll staff. One director, so that person most likely runs the business.
€ 2,979
▼ 72% 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.
€ 26,083
▼ 38% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 29,346
▼ 7% 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 | € -129,867 | € 101,494 | € 117,584 | € 210,573 | ▲ 79% |
| Profit after taxes | € 92,471 | € 64,822 | € 85,044 | € 138,608 | ▲ 63% |
| Equity | € 163,634 | € 163,663 | € 163,663 | € 210,486 | ▲ 29% |
| Total debts | € 85,039 | € 73,388 | € 99,534 | € 55,429 | ▼ 44% |
| Cash | € 165,434 | € 38,853 | € 98,087 | € 145,402 | ▲ 48% |
| Retained profit | € 151,134 | € 151,163 | € 151,163 | € 197,986 | ▲ 31% |
| Dividend | € 68,975 | € 64,793 | € 85,044 | € 91,785 | ▲ 8% |
| Balance sheet total | € 248,673 | € 237,051 | € 263,197 | € 265,915 | ▲ 1% |
Key figures of CHALLENGEWORKS, 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 CHALLENGEWORKS?
What happened at CHALLENGEWORKS in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: profit of € 138,608 (▲ 63% vs 2024). Source: NBB ↗
- New establishment in Lasne. KBO
- New establishment in Elsene. KBO
- Start of the company according to the CBE. KBO
In short
From € 92,471 profit in 2022 to € 138,608 profit in 2025.
Paid € 141,565 in corporate taxes since 2022.
Best year ever: 2025, with € 138,608 profit.
Paid out € 310,596 in dividends to the owners in total.
Management
Behind CHALLENGEWORKS is Peter De Heer.
Directors
According to the 2025 annual accounts
Peter De Heer
Director
Establishments
Establishment units
Physical locations of this company
Mauricelaan 31 box 3
1050 Elsene
Mauricelaan 31
1050 Elsene
Active since 1 June 2009
Rue Pechère 2c
1380 Lasne
Active since 1 July 2017
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 5 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
- 0811.600.780
- VAT number
- BE 0811.600.780
- Registered office
- Mauricelaan 31 bus 3, 1050 Elsene
- Names & denominations
- CHALLENGEWORKS
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 7 May 2009
- Peppol
- Active · Active since 3 Aug 2025
- Activities · NACE
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