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CHALLENGE PARTNERS

Active
Private limited companyfounded 2011active for 15 yearsRaafstraat 21, 1030 Schaarbeek, BelgiumKBO/BCE: BE 0839.650.905

From the official registers: KBO 14 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CHALLENGE PARTNERS has been active since 2011 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €591,549 and a net result of €125,313. Equity has been growing by about 7.1% per year since 2018. Its solvency ranks better than 89% of 1,139 sector peers (NACE 77, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Overview

Official details

KBO
Status
Active since 27-09-2011 Normal situation
Legal form
Private limited company
Registered office
Raafstraat 21, 1030 Schaarbeek
Activity
Rental and leasing activities NACE 77222and 5 others
Establishment unit
2.204.042.809 1030 Schaarbeek, since 23-09-2011
Financial year end
31 December
Peppol
Reachable since 23-12-2025

Board and ownership

Board

Financial position

98 Excellent Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Annual accounts 2025
Gross margin
€397,319
▼ 2.9%
Turnover
≈ €940,000
estimated
Profit
€125,313
▲ 29.2%
Equity
€591,549
▲ 26.9%
Total assets
€688,227
▼ 12.3%
Staff
4 FTE
=
2025 accounts filed 32 days before the deadline
Filed on 29-06-2026at the National Bank
Score breakdownlowers riskLiquidity: current ratio 6.20, cash €480,784Equity €591,549 (86.0% of total assets)Founded in 2011Figures for financial year 2025 (filed on 29-06-2026)Show the evidence

Checked score

Score 2025
98 / 100
Excellent
Probability in this band: under 0.55%
Financially stronger than 88% of micro companies in rental and leasing (NACE 77)
Financial strength · tick: 2024
Strong
Solvency 100+16
equity 86.0% of total assets
Liquidity 97+16
short-term debt 14.0% · cash 69.9%
Profitability 92+8
return on assets 18.2%
Bankruptcy probability within 12 months
< 0.1% Very low
0%0.5%1.5%4%10%≥ 25%

Fewer than 1 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Sector median 0.5% (3,169 companies, NACE 77, micro)
Last 24 months 11-2024: 0.3% 12-2024: 0.3%● unchanged vs 11-2024 01-2025: 0.3%● unchanged vs 12-2024 02-2025: 0.3%● unchanged vs 01-2025 03-2025: 0.3%● unchanged vs 02-2025 04-2025: 0.3%● unchanged vs 03-2025 05-2025: 0.4%▲ +0.1 percentage points vs 04-2025 06-2025: 0.4%● unchanged vs 05-2025 07-2025: 0.5%▲ +0.1 percentage points vs 06-2025 08-2025: 0.8%▲ +0.3 percentage points vs 07-2025highest value 09-2025: 0.1%▼ -0.7 percentage points vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: 0.1%● unchanged vs 12-2025 02-2026: < 0.1%▼ -0.1 percentage points vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026lowest value 08-2026: < 0.1%● unchanged vs 07-2026lowest value 09-2026: < 0.1%● unchanged vs 08-2026lowest value 10-2026: < 0.1%● unchanged vs 09-2026
Credit of up to €55,000 on 30-day terms is acceptable
Liquidity is ample, with a current ratio of 6.2 (2.17 in 2024), above the usual 1.5. Short-term debt is 14% and cash 69.9% of total assets. 14% of the assets are financed with debt and provisions.
Calculation

The band follows from the bankruptcy probability. 10 more points roughly halve it.

75-100 Excellent under 0.55%
60-74 Healthy 0.55% to 1.5%
45-59 Fair 1.5% to 4.2%
25-44 Weak 4.2% to 15.0%
0-24 Critical over 15.0%

Where the company stands within its band depends half on the bankruptcy probability and half on how it does against its sector peers (NACE 77, micro). It does better than 92% of them on solvency, 95% on liquidity, 86% on profitability and 78% on growth.

The bankruptcy probability was computed on 31-10-2026 by the bankruptcy model of 2 October 2026, which learns from Belgian bankruptcies and reads the registers, the annual accounts and the Belgian Official Gazette.

Some facts cap the score, however low the probability. With negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late, the score is Fair at most (59). With two missing filings, it is Weak at most (44). During a judicial reorganisation or at the company's end (bankruptcy, dissolution, liquidation), it is Critical at most (24).

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Signals

Five signals.
lowers riskneutral
lowers risk · Liquidity: current ratio 6.20, cash €480,784
NBB · annual accounts
lowers risk · Equity €591,549 (86.0% of total assets)
NBB · annual accounts
lowers risk · Founded in 2011
Companies that have existed this long fail less often. How much that weighs depends on the rest of the company's profile.
KBO
lowers risk · Figures for financial year 2025 (filed on 29-06-2026)
NBB · annual accounts
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 29-06-2026, 32 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
32 days early
2024
26 days late
2023
29 days late
2022
28 days late
2021
60 days late
2020
3 days early
2019
31 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 20 days after the deadline. In the sector (NACE 77), the median for financial year 2024 was 3 days before the deadline, and 39% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today. The company usually files around 28 August (4 of the last 5 filed years within 32 days of that day).
Companies Code · seven months
Where today falls in the filing period
01-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Key points

  • Positive: Higher solvency than 88% of companies in rental and leasingsector median 36.0% · 1,139 companies 86.0% View
  • Positive: 5 profitable years in a rowprofit 2025: €125,313 5 years View
  • Positive: Equity rose in 2025from €466,236 to €591,549 ▲ 26.9% View

Documents

Annual accounts at the NBB

All 14 annual accounts

Articles and registers

Key facts about CHALLENGE PARTNERS

What is the company number of CHALLENGE PARTNERS?
The company number of CHALLENGE PARTNERS is 0839.650.905. The VAT number is the same number with BE in front: BE 0839.650.905.
Where is CHALLENGE PARTNERS based?
The registered office is at Raafstraat 21, 1030 Schaarbeek.Company details
What does CHALLENGE PARTNERS do?
According to the KBO register, the main activity is rental and leasing activities (NACE 77222).
What is the legal form of CHALLENGE PARTNERS?
The legal form of CHALLENGE PARTNERS is Private limited company (BV).
When was CHALLENGE PARTNERS founded?
CHALLENGE PARTNERS was founded on 27-09-2011.
Is CHALLENGE PARTNERS still active?
Yes, CHALLENGE PARTNERS is an active enterprise in the KBO register.
How many employees does CHALLENGE PARTNERS have?
CHALLENGE PARTNERS had an average of 4 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
What is the turnover of CHALLENGE PARTNERS?
The turnover in financial year 2025 is ≈ €940,000. This figure is estimated from the gross margin of €397,319 and 2,285 comparable companies of the same size. It probably lies between €560,000 and €1.6m. It is a rough estimate. In financial year 2020 turnover was €253,257.
Is CHALLENGE PARTNERS profitable?
In financial year 2025, CHALLENGE PARTNERS made a profit of €125,313.
Where can I find the annual accounts of CHALLENGE PARTNERS?
CHALLENGE PARTNERS filed 14 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CHALLENGE PARTNERS due?
CHALLENGE PARTNERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Comparable companies

These companies have the same main activity as CHALLENGE PARTNERS: rental and leasing activities (NACE 77222). They are comparable in size and age: total assets between €752,000 and €2.2m, founded between 2002 and 2019.

CompanyTotal assetsGross margin
CHALLENGE PARTNERS Schaarbeek€0.7m€0.4m
GI VAN AALST Kortrijk€0.8m€0.3m
Argon AV Lievegem€0.8m€0.5m
S2 RENT Genk€0.8m€0.5m
AGORATECH Oupeye€1.5m€0.6m
F&Ever Mechelen€2.2m€0.9m
STAGECONCEPT Oupeye€0.8m€0.6m
Full comparison

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