ACTIVE

CHALLENGER ORGANISATION

Export PDF

Financial year 2024 · Closed on 31/12/2024

Net result47,8 k €+4 091,3 %over 1 year
Gross margin76,5 k €+496,3 %over 1 year
Equity42,9 k €+987,0 %over 1 year

Identity

Source · BCE/KBO

CHALLENGER ORGANISATION is a Private limited company incorporated in 1987. Its main activity is: Advertising agencies. Its registered office is in Berchem-Sainte-Agathe.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0430.459.373
Incorporation
05/02/1987
Legal form
Private limited company
Registered office
Avenue Laure 12
1082 Berchem-Sainte-Agathe · BruxellesSee on map
Contributed capital
20 459,20 €
Latest accounts
31/12/2024
Signals
ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 18 filings

Trend over 18 financial years

20242023202220212020
Income statement
Gross margin76,5 k €12,8 k €22,3 k €28,1 k €21,2 k €
EBITDA75,1 k €9 k €21,7 k €27,5 k €18,1 k €
Operating result69,9 k €4,6 k €18 k €25,3 k €17,6 k €
Net result47,8 k €1,1 k €12,3 k €16,3 k €14,2 k €
Balance sheet
Equity42,9 k €-4,8 k €-6 k €-18,3 k €-34,6 k €
Total assets73,8 k €23,4 k €31,5 k €41,5 k €24,9 k €
Cash18,4 k €17,8 k €20 k €32 k €18,2 k €
Debts27,5 k €28,3 k €37,4 k €59,8 k €59,6 k €

Valuation

Indicative valuation

As an indication, this company is worth

between 250 k€ and 500 k€
See the valuation

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 4 ended

Active mandates

Shakil TOOLSEE

Director

Active

Ended mandates

MICHEL MALSCHAERT

Administrator - manager

Ended
MICHEL MALSCHAERT

Manager

Ended
MICHEL MELSCHAERT

Manager

Ended
Shakil TOOLSEE

Manager

Ended

Full financial information

Source · NBB
202420232022202120202019
Type of accountMicro modelMicro modelMicro modelMicro modelMicro modelMicro model
Start of the financial year01/04/202301/04/202201/04/202101/04/202001/04/201901/04/2018
Closing of the financial year31/12/202431/03/202331/03/202231/03/202131/03/202031/03/2019
Length of the financial year21 months12 months12 months12 months12 months12 months
Filing date22/04/202531/10/202327/10/202201/11/202127/10/202030/09/2019
General meeting26/03/202528/09/202329/09/202223/09/202128/09/202026/09/2019
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls

Financial ratios

Source · NBB

Looking for more information about this company?

Try for 7 days

Annual accounts filings

Source · NBB, 18 filings
ModelClosingGeneral meetingFiledLanguageDocument
Micro model31/12/202426/03/202522/04/2025FrenchPDF
Micro model31/03/202328/09/202331/10/2023FrenchPDF
Micro model31/03/202229/09/202227/10/2022FrenchPDF
Micro model31/03/202123/09/202101/11/2021FrenchPDF
Micro model31/03/202028/09/202027/10/2020FrenchPDF
Micro model31/03/201926/09/201930/09/2019FrenchPDF
Micro model31/03/201828/09/201813/11/2018FrenchPDF
Micro model31/03/201722/09/201710/11/2017FrenchPDF
Abridged model31/03/201624/09/201605/10/2016FrenchPDF
Abridged model31/03/201524/09/201525/09/2015FrenchPDF
Abridged model31/03/201425/09/201429/09/2014FrenchPDF
Abridged model31/03/201326/09/201329/10/2013FrenchPDF
Abridged model31/03/201227/09/201215/10/2012FrenchPDF
Abridged model31/03/201122/09/201127/10/2011FrenchPDF
Abridged model31/03/201023/09/201020/10/2010FrenchPDF
Abridged model31/03/200924/09/200925/09/2009FrenchPDF
Abridged model31/03/200830/09/200826/11/2008FrenchPDF
Abridged model31/03/200722/09/200722/10/2007FrenchPDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 250 k€ and 500 k€

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Board of directors

Source · NBB, accounts to 31/12/2024

1 active · 4 ended

Active mandates

Shakil TOOLSEE

Director

Active

Ended mandates

MICHEL MALSCHAERT

Administrator - manager

Ended
MICHEL MALSCHAERT

Manager

Ended
MICHEL MELSCHAERT

Manager

Ended
Shakil TOOLSEE

Manager

Ended

Ownership and network

Looking for more information about this company?

Try for 7 days

Belgian Official Gazette publications

Source · Belgian Official Gazette
  • Registered office09/04/2026
    SIEGE SOCIAL
    PDF
  • Mandates09/02/2024
    MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS - ASSEMBLEE GENERALE - ANNEE COMPTABLE
    PDF
  • Mandates07/03/2019
    DEMISSIONS, NOMINATIONS
    PDF
  • Mandates30/10/2018
    SIEGE SOCIAL - DEMISSIONS, NOMINATIONS
    PDF
  • Mandates26/02/2018
    DEMISSIONS, NOMINATIONS
    PDF
  • Registered office27/11/2017
    SIEGE SOCIAL
    PDF
  • Mandates07/05/2013
    DENOMINATION
    PDF
  • Registered office12/12/2012
    SIEGE SOCIAL
    PDF

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2024
    Annual accounts 202447,8 k €↑
  2. 2023
    Annual accounts 20231,1 k €↓
  3. 2022
    Annual accounts 202212,3 k €↓
  4. 2021
    Annual accounts 202116,3 k €↑
  5. 2020
    Annual accounts 202014,2 k €↑
  6. 2019
    Annual accounts 20194,4 k €↑
  7. 2018
    Annual accounts 2018-7,2 k €↑
  8. 2017
    Annual accounts 2017-10 k €↑
  9. 2016
    Annual accounts 2016-14,6 k €↓
  10. 2015
    Annual accounts 20152 k €↑
  11. 2014
    Annual accounts 2014-4 k €↓
  12. 2013
    Annual accounts 201310,2 k €↓
  13. 2013
    Name changeCHALLENGER ORGANISATION
  14. 2012
    Annual accounts 201228,5 k €↑
  15. 2011
    Annual accounts 2011-3,5 k €↑
  16. 2010
    Annual accounts 2010-17,4 k €↑
  17. 2009
    Annual accounts 2009-22,9 k €↓
  18. 2008
    Annual accounts 2008-6,7 k €↓
  19. 2007
    Annual accounts 2007-1,1 k €
  20. 2007
    Name changeM.M.C. and CO
  21. 05/02/1987
    IncorporationPrivate limited company