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Cyber Security Challenge

Active
Non-profit associationfounded 2019active for 7 yearsGuimardstraat 8, 1040 Brussel, BelgiumKBO/BCE: BE 0719.830.862
Summary

Cyber Security Challenge has been active since 2019 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €151,696 and a net result of €14,710. Equity is growing by about 4.3% per year across the filed financial years. Its solvency ranks better than 86% of 21,064 sector peers (NACE 62, financial year 2025). The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow ReportCompare
Cyber Security ChallengeActiveChecked score 57/100
Risk analysis ReportCompare

Overview

Activity
Computer consultancy and computer facilities management
NACE 62200
Size
€171,770total assets 2025
Equity
€151,696
Surplus
€14,710
Turnover not published (abbreviated or micro format)
Financial health
57 Fair Checked score 2025
Bankruptcy probabilitywithin 12 months
< 0.1%
Structure
2025 accounts filed 143 days late1 of 2 deeds summarised
Why 57raises riskCapped at 59: a confirmed filing findingLast filed accounts filed 144 days late; 2 of the last 3 latelowers riskLegal form: non-profit associationSector: Computer programming, consultancy and related activities (NACE 62)Liquidity: current ratio 4.77, cash €57,395, halvedShow the evidence

Checked score

Score 2025
57 / 100
Fair
Probability in this band: 1.5% to 4.2%
Financially better than 65% of its sector peers (NACE 62, micro)
A confirmed filing finding caps the score at 59. Every signal that counts is listed under Signals.
Financial strength · tick = 2024
Strong
Solvency 100=
equity 88.3% of total assets
Liquidity 91-5
short-term debt 11.7% · cash 33.4%
Profitability 79+33
return on assets 8.6%
Bankruptcy probability, 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 0.1% (25,873 companies, NACE 62, micro)
Last 24 months 11-2024: < 0.1%lowest value 12-2024: < 0.1%● unchanged vs 11-2024 01-2025: < 0.1%● unchanged vs 12-2024 02-2025: < 0.1%● unchanged vs 01-2025 03-2025: < 0.1%● unchanged vs 02-2025 04-2025: < 0.1%● unchanged vs 03-2025 05-2025: < 0.1%● unchanged vs 04-2025 06-2025: < 0.1%● unchanged vs 05-2025 07-2025: 0.1%▲ +0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged 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%● unchanged 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 05-2026highest value 07-2026: 0.1%● unchanged vs 06-2026 08-2026: 0.1%● unchanged vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026
Credit of up to €8,000 on 30-day terms, only on tighter conditions: the latest accounts were filed more than 90 days after the deadline
Liquidity ample (current ratio 4.77, compared with 6.02 in 2024, above the usual 1.5; short-term debt: 11.7% and cash: 33.4% of total assets), and 11.7% of the assets are financed with debt and provisions.
How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 62, micro): better than 85% on solvency, 78% on liquidity, 39% on profitability and 57% on growth.

The bankruptcy probability was computed on 24-10-2026 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. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

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Signals

Five signals.
lowers riskraises risk
lowers risk · Legal form: non-profit association
KBO
raises risk · Last filed accounts filed 144 days late; 2 of the last 3 late
NBB · filings
lowers risk · Sector: Computer programming, consultancy and related activities (NACE 62)
KBO
lowers risk · Liquidity: current ratio 4.77, cash €57,395, halved
NBB · annual accounts
raises risk · 2025 accounts filed 143 days late
The financial year that closed on 30-06-2025 was due by 31-01-2026 and was filed on 23-06-2026, 143 days past the deadline. Measured on financial year 2023: of the companies more than 90 days late, 5.61% are now bankrupt, dissolved or in another special legal status, against 1.66% of all filers.
NBB · 6 filings
Deviation from the deadline
2025
143 days late
2024
363 days late
2023
36 days early
2022
329 days late
2021
262 days late
2020
40 days early
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 6 accounts on average 170 days after the deadline; the sector median (NACE 62) for financial year 2024 is 9 days before the deadline, and 33% of those companies filed late.

Searched, nothing found (2)
neutral · Next filing not due yet
The financial year that closed on 30-06-2026 is due by 31-01-2027. Nothing is late today. The company usually files around 20 October (4 of the last 5 filed years within 119 days of that day).
Companies Code · seven months
Where today falls in the filing period
30-06-2026 year end24-10-2026 today31-01-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since 2021.
KBO publications · our coverage
  1. Appointment: Bernard Ghigny (director)Resignation: Giovanni Salvo (director)
  2. Annual accounts filedfinancial year 2025 · micro…
  3. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Caution: Latest accounts filed lateafter the legal deadline 143 days View
  • Positive: Among the best 15% on solvencysector median 60.0% · 21,064 companies 88.3% View
  • New directorlatest change 28-01-2026 · 1 in office 1 joined View

By topic

Financials

Financial year
2025
Total assets
€171,770
Profit
€14,710
Solvency
88.3%
Total assets▲ 4.6%
Net result
20202025
Go to Financials

Timeline

Events
14
Since
2020
Next accounts
by 31-01-2027
  1. 30-06-2025Equity above €150,000
  2. 30-06-2024Back to profit
  3. 30-06-2024Liquidity more than doubled
Go to Timeline

Company details

Legal form
Non-profit association
Activity
Computer consultancy and computer facilities managementNACE 62200
Founded
05-02-2019
Year ends
30-06
Peppol
Reachable for e-invoices
Go to Company details

Key facts about Cyber Security Challenge

What is the company number of Cyber Security Challenge?
0719.830.862. In Belgium the VAT number is the company number with BE in front: BE 0719.830.862.
Where is Cyber Security Challenge based?
The registered office is at Guimardstraat 8, 1040 Brussel.Company details
What does Cyber Security Challenge do?
According to the KBO register, the main activity is computer consultancy and computer facilities management (NACE 62200).
What is the legal form of Cyber Security Challenge?
Non-profit association (VZW).
When was Cyber Security Challenge founded?
On 05-02-2019.
Is Cyber Security Challenge still active?
Yes, Cyber Security Challenge is an active enterprise in the KBO register.
What is the turnover of Cyber Security Challenge?
Not stated in the processed annual accounts. The abridged format for small companies does not require turnover.Financials
Is Cyber Security Challenge profitable?
In financial year 2025, Cyber Security Challenge made a profit of €14,710.
Where can I find the annual accounts of Cyber Security Challenge?
Cyber Security Challenge filed 6 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of Cyber Security Challenge due?
By 31-01-2027, for financial year 2026.Timeline

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