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 2 fiscal years.
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Busy address KBO
17 other companies have their registered office at the same address; threshold 10.
Financials
Financial year 2025
I-CHALLENGE from Gent, company number BE1002343560, closed financial year 2025 with a result of € -110,164 after tax. For that financial year I-CHALLENGE recorded a gross margin of € 1,030 and equity of € -59,093. Compared with financial year 2024, the result moved from € 1,071 to € -110,164. 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 July 7, 2026.
€ -59,093
▼ € 110,164 vs 2024
Assets minus debts, by the books. What is left if everything were sold and paid today.
€ -110,164
▼ still € 1,071 profit in 2024
Profit after tax over the fiscal year.
€ 280,876
▲ 223% vs 2024
Cash and bank balances on the last day of the fiscal year.
Loss, nothing to pay out
Reserves fell to € -109,093.
People and assets in 2025
€ 64,487
▲ € 59,302 vs 2024
Payroll staff only. What the director pays themselves is already netted into the gross margin and is not shown separately in the accounts.
€ 2,286
▲ € 1,787 vs 2024
Book value of vehicles, furniture and equipment.
Debts at end 2025
€ 522,700
▲ 273% vs 2024
Loans from banks and other lenders, long and short.
€ 28,986
▼ 12% vs 2024
Supplier invoices still open on the last day of the fiscal year.
€ 10,763
Taxes, VAT and social contributions still to pay.
| 2024 | 2025 | Change 2024 → 2025 | |
|---|---|---|---|
| Gross margin | € 17,388 | € 1,030 | ▼ 94% |
| Profit after taxes | € 1,071 | € -110,164 | ▼ € 111,235 |
| Equity | € 51,071 | € -59,093 | ▼ € 110,164 |
| Total debts | € 177,241 | € 582,166 | ▲ 228% |
| Cash | € 87,010 | € 280,876 | ▲ 223% |
| Retained profit | € 1,071 | € -109,093 | ▼ € 110,164 |
| Bank debt | € 140,000 | € 522,700 | ▲ 273% |
| Balance sheet total | € 228,312 | € 523,072 | ▲ 129% |
Key figures of I-CHALLENGE, fiscal years 2024 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 I-CHALLENGE?
What happened at I-CHALLENGE in recent years, according to the Belgian Official Gazette, the CBE and the National Bank:
- New annual accounts for financial year 2025: loss of € 110,164 (▼ € 111,235 vs 2024). Source: NBB ↗
- New establishment in Gent. KBO
- Power of Microbes APS became a director. NBB
- Alfa Food Consult BV became a director. NBB
- Katrien Begyn became a director. NBB
- Start of the company according to the CBE. KBO
In short
From € 1,071 profit in 2024 to € 110,164 loss in 2025.
Best year ever: 2024, with € 1,071 profit.
Management
Behind I-CHALLENGE are Power of Microbes APS, Alfa Food Consult BV and Katrien Begyn.
Directors
According to the 2025 annual accounts
Power of Microbes APS
Director · represented by Wendy Ossieur
since 2023
Director · represented by Frank Devlieghere
since 2023
Katrien Begyn
Director
since 2023
Establishments
Establishment units
Physical locations of this company
Suzanne Tassierstraat 1
9052 Gent
Who else lives here?
A building full of entrepreneurs or one very busy letterbox? Another 17 companies are registered at this address.
All companies at this address →VLAAMS INSTITUUT VOOR BIOTECHNOLOGIE - FLANDERS INSTITUTE FOR BIOTECHNOLOGY
€ 52.6 million revenue · 2025
ORIONIS BIOSCIENCES
€ 11.6 million revenue · 2025
LO²CUS Gent
€ 1.7 million gross margin · 2024
S-Biomedic
€ 4.4 million gross margin · 2025
VIB BIO-INCUBATOR
€ 536,162 gross margin · 2025
+12 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
- 1002.343.560
- VAT number
- BE 1002.343.560
- Registered office
- Suzanne Tassierstraat 1, 9052 Gent
- Names & denominations
- I-CHALLENGE
- Enterprise type
- Rechtspersoon
- Legal form
- Private limited company
- Legal situation
- Normale toestand
- Start date
- 16 November 2023
- Peppol
- Active · Active since 21 Mar 2024
- Activities · NACE
Overige activiteiten van vrije beroepen en andere wetenschappelijke en technische activiteiten, neg
Overige gespecialiseerde wetenschappelijke en technische activiteiten
Speur- en ontwikkelingswerk op biotechnologisch gebied
Handelsbemiddeling in de groothandel in andere specifieke goederen
Ontwerpen van computerprogramma’s
Overige zakelijke dienstverlening, neg
Ontwerpen en programmeren van computerprogramma's