CHALLENGE MC
0478.780.914 · rovalta.com · 22/09/2026
ACTIVE
CHALLENGE MC
Financial year 2025 · closed on 31/12/2025
Net result
27,9 k €
+302.6% YoY
Gross margin
1,5 M €
+12.0% YoY
Equity
324 k €
+9.4% YoY
Workforce
17,9 ETP
-29.8% YoY
Overview
What does CHALLENGE MC do?
CHALLENGE MC is a Private limited company incorporated in 2002. Its main activity is: Other professional, scientific and technical activities. Its registered office is in Gent. It employs on average 17,9 ETP workers (FTE).
Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0478.780.914
Incorporation
15/11/2002
Legal form
Private limited company
Registered office
Jubileumlaan 109
9000 Gent · FlandreSee on map
9000 Gent · FlandreSee on map
Contributed capital
6 200,00 €
Latest accounts
31/12/2025
Average workforce
17,9 ETP
Activities (NACE)
Joint committees (2)
- 200
- 218
Signals
ProfitableLow riskGood liquidityPositive cashflowPositive EBITDAHealthy social debts
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Financials
Trend over 19 financial years
| 2025 | 2024 | 2023 | 2022 | 2021 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | |||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income statement | |||||||||||||||||||||||||||||||||||||
| Gross margin | 1,5 M € | +12.0% | 1,3 M € | -4.8% | 1,4 M € | +45.5% | 965,8 k € | +19.8% | 806,1 k € | -42.1% | 1,4 M € | -4.7% | 1,5 M € | +35.4% | 1,1 M € | -14.5% | 1,3 M € | +1.0% | 1,2 M € | -1.3% | 1,3 M € | +25.4% | 1 M € | -21.4% | 1,3 M € | +15.8% | 1,1 M € | +12.3% | 986,2 k € | +68.1% | 586,6 k € | -22.7% | 758,7 k € | +21.5% | 624,4 k € | +13.9% | 548,1 k € |
| EBITDA | 53 k € | +5785% | 901 € | -89.1% | 8,2 k € | -65.3% | 23,8 k € | -91.7% | 286,2 k € | +190% | 98,7 k € | -54.1% | 215 k € | +163% | 81,6 k € | +1.7% | 80,2 k € | +1.6% | 78,9 k € | -7.5% | 85,3 k € | +50.3% | 56,8 k € | -48.5% | 110,3 k € | -0.2% | 110,6 k € | -8.3% | 120,5 k € | +2101% | 5,5 k € | -94.1% | 93,6 k € | -0.2% | 93,8 k € | +15.2% | 81,4 k € |
| Operating result | 41,8 k € | +420% | -13,1 k € | -124% | -5,8 k € | -360% | 2,2 k € | -99.1% | 246,6 k € | +318% | 59 k € | -65.5% | 171 k € | +321% | 40,6 k € | +13.4% | 35,8 k € | -8.4% | 39,1 k € | -22.3% | 50,3 k € | +94.9% | 25,8 k € | -64.5% | 72,7 k € | +16.4% | 62,5 k € | -28.5% | 87,4 k € | +436% | -26 k € | -139% | 66,6 k € | -3.5% | 69 k € | -6.1% | 73,5 k € |
| Net result | 27,9 k € | +303% | -13,8 k € | -112% | -6,5 k € | -261% | -1,8 k € | -101% | 203,9 k € | +589% | 29,6 k € | -77.5% | 131,4 k € | +2047% | 6,1 k € | +66.8% | 3,7 k € | +88.3% | 1,9 k € | -82.7% | 11,3 k € | +310% | -5,4 k € | -121% | 25,2 k € | +116% | 11,7 k € | -71.3% | 40,6 k € | +174% | -54,5 k € | -356% | 21,3 k € | -51.1% | 43,5 k € | -7.1% | 46,9 k € |
| Balance sheet | |||||||||||||||||||||||||||||||||||||
| Equity | 324 k € | +9.4% | 296 k € | -4.5% | 309,8 k € | -2.1% | 316,3 k € | -0.6% | 318,1 k € | +178% | 114,3 k € | -0.4% | 114,7 k € | +11.0% | 103,3 k € | +6.3% | 97,2 k € | -32.3% | 143,5 k € | +1.4% | 141,6 k € | +8.6% | 130,3 k € | -3.9% | 135,7 k € | +22.8% | 110,5 k € | +11.8% | 98,8 k € | +69.7% | 58,3 k € | -48.3% | 112,8 k € | +23.3% | 91,5 k € | +90.8% | 47,9 k € |
| Total assets | 1,1 M € | -5.8% | 1,2 M € | +26.4% | 943,3 k € | +46.3% | 644,6 k € | +39.5% | 462,1 k € | -35.4% | 715,3 k € | +11.4% | 642,1 k € | +4.3% | 615,5 k € | +14.8% | 536 k € | -17.7% | 651,7 k € | +24.7% | 522,7 k € | -1.8% | 532,1 k € | -5.4% | 562,6 k € | -7.0% | 605,1 k € | +0.8% | 600,4 k € | +9.2% | 549,8 k € | +5.2% | 522,7 k € | -9.0% | 574,2 k € | +137% | 242,1 k € |
| Cash | 250,1 k € | +98.6% | 126 k € | -52.5% | 265,1 k € | +40.4% | 188,8 k € | -17.7% | 229,6 k € | +8.6% | 211,4 k € | +36.4% | 154,9 k € | +323% | 36,6 k € | -38.8% | 59,8 k € | – | – | – | – | 44,3 k € | – | – | 18,6 k € | – | – | ||||||||||
| Debts | 718,9 k € | -6.4% | 767,9 k € | +21.2% | 633,4 k € | +168% | 236,1 k € | +64.0% | 144 k € | -76.0% | 601 k € | +14.1% | 526,8 k € | +2.9% | 512,2 k € | +16.7% | 438,8 k € | -13.6% | 508,1 k € | +33.3% | 381,1 k € | -5.1% | 401,8 k € | -5.9% | 427 k € | -13.7% | 494,6 k € | -1.4% | 501,5 k € | +2.0% | 491,6 k € | +23.0% | 399,5 k € | -17.2% | 482,7 k € | +149% | 194,2 k € |
| Other | |||||||||||||||||||||||||||||||||||||
| Workforce | 17,9 ETP | -29.8% | 25,5 ETP | +3.7% | 24,6 ETP | -1.2% | 24,9 ETP | +109% | 11,9 ETP | -42.8% | 20,8 ETP | -12.2% | 23,7 ETP | +64.6% | 14,4 ETP | +235% | 4,3 ETP | -41.1% | 7,3 ETP | 0.0% | 7,3 ETP | +35.2% | 5,4 ETP | +35.0% | 4,0 ETP | -38.5% | 6,5 ETP | -38.1% | 10,5 ETP | -32.7% | 15,6 ETP | -26.8% | 21,3 ETP | +63.8% | 13,0 ETP | -16.7% | 15,6 ETP |
Estimate
Indicative valuation
As an indication, this company is worth
between 250 k€ and 500 k€
See the valuationGovernance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 17 ended
Active mandates
Active
Active
Ended mandates
At this address
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Nothing happens without YOU● Active | 0778.296.227 |
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Financials
Annual accounts
Full financial information
| 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 | 28/08/2025 | 20/09/2024 | 30/08/2023 | 26/08/2022 | 30/06/2021 |
| General meeting | 13/05/2026 | 14/05/2025 | 08/05/2024 | 14/05/2023 | 11/05/2022 | 12/05/2021 |
| 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 |
Ratios
Financial ratios
Looking for more information about this company?
Try for 7 daysFilings
Annual accounts filings
20 filings with the NBB
| Model | Closing | General meeting | Filed | Language | Document |
|---|---|---|---|---|---|
| Abridged model | 31/12/2025 | 13/05/2026 | 31/08/2026 | Dutch | |
| Abridged model | 31/12/2024 | 14/05/2025 | 28/08/2025 | Dutch | |
| Abridged model | 31/12/2023 | 08/05/2024 | 20/09/2024 | Dutch | |
| Abridged model | 31/12/2022 | 14/05/2023 | 30/08/2023 | Dutch | |
| Abridged model | 31/12/2021 | 11/05/2022 | 26/08/2022 | Dutch | |
| Abridged model | 31/12/2020 | 12/05/2021 | 30/06/2021 | Dutch | |
| Abridged model | 31/12/2019 | 13/05/2020 | 26/06/2020 | Dutch | |
| Abridged model | 31/12/2018 | 08/05/2019 | 28/06/2019 | Dutch | |
| Abridged model | 31/12/2017 | 09/05/2018 | 20/06/2018 | Dutch | |
| Abridged model | 31/12/2016 | 10/05/2017 | 19/07/2017 | Dutch | |
| Abridged model | 31/12/2015 | 11/05/2016 | 20/06/2016 | Dutch | |
| Abridged model | 31/12/2014 | 13/05/2015 | 24/06/2015 | Dutch | |
| Abridged model | 31/12/2013 | 14/05/2014 | 11/08/2014 | Dutch | |
| Abridged model | 31/12/2012 | 08/05/2013 | 06/08/2013 | Dutch | |
| Abridged model | 31/12/2011 | 09/05/2012 | 06/07/2012 | Dutch | |
| Abridged model | 31/12/2010 | 11/05/2011 | 24/08/2011 | Dutch | |
| Abridged model | 31/12/2009 | 12/05/2010 | 29/06/2010 | Dutch | |
| Abridged model | 31/12/2008 | 13/05/2009 | 28/08/2009 | Dutch | |
| Abridged model | 31/12/2007 | 14/05/2008 | 14/08/2008 | Dutch | |
| Abridged model | 31/12/2006 | 09/05/2007 | 29/06/2007 | Dutch |
Valuation
Estimate
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.
Disclaimer
Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.
Directors & structure
Governance
Board of directors
Seen on filing of 31/12/2025 · 2 active · 17 ended
Active mandates
Active
Active
Ended mandates
Shareholders
Ownership and network
Looking for more information about this company?
Try for 7 daysPublications
Belgian Official Gazette
Belgian Official Gazette publications
- Mandates14/08/2026Ontslag en benoeming bestuurders
- Mandates19/08/2025ONTSLAGEN - BENOEMINGEN
- Mandates22/01/2025ONTSLAGEN - BENOEMINGEN
- Mandates26/08/2024ONTSLAGEN - BENOEMINGEN
- Registered office06/05/2024MAATSCHAPPELIJKE ZETEL
- Mandates06/02/2023ONTSLAGEN - BENOEMINGEN
- Mandates26/07/2022STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - DIVERSEN - ONTSLAGEN - BENOEMINGEN
- Mandates04/07/2022ONTSLAGEN - BENOEMINGEN
Source: Belgian Official Gazette
Similar companies
Competition
Similar companies
A company's peers, by sector and size, are included in the Business plan.
See the Business planTimeline
Timeline
- 2025Annual accounts 202527,9 k €↑
- 2024Annual accounts 2024-13,8 k €↓
- 2023Annual accounts 2023-6,5 k €↓
- 2022Annual accounts 2022-1,8 k €↓
- 2021Annual accounts 2021203,9 k €↑
- 2019Annual accounts 201929,6 k €↓
- 2018Annual accounts 2018131,4 k €↑
- 2017Annual accounts 20176,1 k €↑
- 2016Annual accounts 20163,7 k €↑
- 2015Annual accounts 20151,9 k €↓
- 2014Annual accounts 201411,3 k €↑
- 2013Annual accounts 2013-5,4 k €↓
- 2012Annual accounts 201225,2 k €↑
- 2011Annual accounts 201111,7 k €↓
- 2010Annual accounts 201040,6 k €↑
- 2009Annual accounts 2009-54,5 k €↓
- 2008Annual accounts 200821,3 k €↓
- 2007Annual accounts 200743,5 k €↓
- 2006Annual accounts 200646,9 k €
- 15/11/2002IncorporationPrivate limited company