ACTIVE

CHALLENGE 90

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Financial year 2025 · Closed on 31/12/2025

Net result446 k €+32,9 %over 1 year

Gross margin767,2 k €+16,0 %over 1 year

Equity3,1 M €+3,4 %over 1 year

Workforce1,8 ETP0,0 %over 1 year

Identity

Source · BCE/KBO

CHALLENGE 90 is a Private limited company incorporated in 1991. Its main activity is: Computer consultancy activities. Its registered office is in Uccle. It employs on average 1,8 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0443.815.778
Incorporation: 01/02/1991
Legal form: Private limited company
Registered office: Avenue de Sumatra 39
1180 Uccle · BruxellesSee on map
Contributed capital: 18 592,00 €
Latest accounts: 31/12/2025
Average workforce: 1,8 ETP

Activities (NACE)

62020Computer consultancy activities· main 62200Computer programming, consultancy and related activities 72100Research and experimental development on natural sciences and engineering 62090Other information technology and computer service activities 62900Computer programming, consultancy and related activities 72600Scientific research and development

Joint committees (1)

Signals

ProfitableSolid equityLow riskGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 20 filings

Trend over 20 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	767,2 k €	+16.0%	661,6 k €	-39.2%	1,1 M €	+41.6%	768 k €	-31.6%	1,1 M €
EBITDA	693 k €	+33.3%	519,9 k €	-45.5%	953,2 k €	+49.6%	637,3 k €	-36.3%	999,8 k €
Operating result	640,2 k €	+38.3%	463 k €	-48.9%	906,6 k €	+51.9%	596,7 k €	-38.3%	966,7 k €
Net result	446 k €	+32.9%	335,6 k €	-45.1%	611,5 k €	+52.0%	402,4 k €	-37.8%	647,4 k €
Balance sheet
Equity	3,1 M €	+3.4%	3 M €	+5.6%	2,8 M €	+24.3%	2,3 M €	+15.0%	2 M €
Total assets	3,7 M €	+10.6%	3,4 M €	-0.9%	3,4 M €	+14.0%	3 M €	+18.9%	2,5 M €
Cash	2,4 M €	+23.0%	1,9 M €	+2.1%	1,9 M €	+22.8%	1,5 M €	+7.7%	1,4 M €
Debts	611,6 k €	+71.2%	357,3 k €	-34.9%	548,9 k €	-20.2%	688 k €	+33.8%	514,2 k €
Other
Workforce	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP	0.0%	1,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 5 M€ and 10 M€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric LELOUP	Directorsince 06/11/2023Manager2018 accountsended

Full financial information

Source · NBB

	2025	2024	2023	2022	2021	2020
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/01/2021	01/01/2020
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021	31/12/2020
Length of the financial year	12 months	12 months	12 months	12 months	12 months	12 months
Filing date	31/08/2026	10/10/2025	30/09/2024	31/08/2023	31/08/2022	31/08/2021
General meeting	31/08/2026	07/03/2025	16/05/2024	18/05/2023	20/05/2022	20/05/2021
Currency of the financial year	EUR	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 20 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	31/08/2026	31/08/2026	French	PDF
Abridged model	31/12/2024	07/03/2025	10/10/2025	French	PDF
Abridged model	31/12/2023	16/05/2024	30/09/2024	French	PDF
Abridged model	31/12/2022	18/05/2023	31/08/2023	French	PDF
Abridged model	31/12/2021	20/05/2022	31/08/2022	French	PDF
Abridged model	31/12/2020	20/05/2021	31/08/2021	French	PDF
Abridged model	31/12/2019	27/10/2020	28/10/2020	French	PDF
Abridged model	31/12/2018	17/05/2019	30/09/2019	French	PDF
Micro model	31/12/2017	18/05/2018	27/09/2018	French	PDF
Abridged model	31/12/2016	22/06/2017	31/08/2017	French	PDF
Abridged model	31/12/2015	27/06/2016	30/09/2016	French	PDF
Abridged model	31/12/2014	15/05/2015	28/09/2015	French	PDF
Abridged model	31/12/2013	16/05/2014	30/09/2014	French	PDF
Abridged model	31/12/2012	25/06/2013	05/11/2013	French	PDF
Abridged model	31/12/2011	26/06/2012	25/09/2012	French	PDF
Abridged model	31/12/2010	27/06/2011	03/11/2011	French	PDF
Abridged model	31/12/2009	28/06/2010	29/10/2010	French	PDF
Abridged model	31/12/2008	14/10/2009	15/10/2009	French	PDF
Abridged model	31/12/2007	24/11/2008	27/11/2008	French	PDF
Abridged model	31/12/2006	28/06/2007	06/03/2008	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 5 M€ and 10 M€

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 31/12/2025

1 active

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
Eric LELOUP	Directorsince 06/11/2023Manager2018 accountsended

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates07/02/2024
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - MODIFICATION FORME JURIDIQUE - DEMISSIONS, NOMINATIONS
PDF
Capital / shares06/08/2012
OBJET - CAPITAL, ACTIONS - STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, )
PDF

Similar companies

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings20 filings

Mandates

Eric LELOUP

199119921993199419951996199719981999200020012002200320042005200620072008200920102011201220132014201520162017201820192020202120222023202420252026

CHALLENGE 90

Avenue de Sumatra 39, 1180 Uccle

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue de Sumatra 39, 1180 UccleCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00468054

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CHALLENGE 90Current	accounts 2021 → 2025	Accounts 2025 · 2026-00468054

Events

2025
Annual accounts 2025446 k €↑
2024
Annual accounts 2024335,6 k €↓
2023
Annual accounts 2023611,5 k €↑
2022
Annual accounts 2022402,4 k €↓
2021
Annual accounts 2021647,4 k €↑
2020
Annual accounts 2020343,1 k €↑
2019
Annual accounts 2019195,3 k €↑
2018
Annual accounts 201854,1 k €↓
2017
Annual accounts 2017117,4 k €↑
2016
Annual accounts 20167,8 k €↓
2015
Annual accounts 2015132,4 k €↑
2014
Annual accounts 201485,6 k €↓
2013
Annual accounts 2013171,9 k €↑
2012
Annual accounts 2012132,5 k €↑
2011
Annual accounts 2011105,2 k €↓
2010
Annual accounts 2010157,3 k €↑
2009
Annual accounts 200960,9 k €↓
2008
Annual accounts 200870,9 k €↑
2007
Annual accounts 200761 k €↓
2006
Annual accounts 200688,5 k €
01/02/1991
IncorporationPrivate limited company

CHALLENGE 90

Overview

Identity

Financials

Valuation

Indicative valuation

Board of directors

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline

Timeline

Registered offices

Company names

Events