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Challenge Airlines (BE) S.A

Active
KBO/BCE: BE 0669.921.491
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Age9 yrs
Connections2

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Challenge Airlines (BE) S.A is 0.7% (low). The company has been active since 2017 and the Belgian State Gazette contains no insolvency or warning signals. No processed annual-account figures are available; this conclusion rests on registry and State Gazette data only.

Based on State Gazette and CBE data.

Filing behaviour

From the deposit records, complete market-wide
Deadline passed, not yet counted as missing
The deadline for the year that closed on 31-12-2025 passed on 31-07-2026, 20 days ago. Our copy of the deposit register trails the National Bank (measured: median 14 days, p99 45 days), so we only call this filing missing from 45 days past the deadline.
Latest accounts filed on time
The financial year that closed on 31-12-2024 was due by 31-07-2025 and was filed on 03-07-2025, 28 days ahead of the deadline. This speaks to administrative punctuality and says nothing about the financial position.
How we compute the deadline
The year end is derived from 8 filed financial years, each closing on 31-12. The statutory deadline is seven months after the close of the financial year (art. 3:10 par. 1 CAC, art. 3:47 par. 7 for ASBL and foundations). Applied to the financial year that closed on 31-12-2024, that is 31-07-2025.
Deadline per financial year
Year closed Due by Filed Variance Reference
31-12-2025 31-07-2026 nothing on record not filed -
31-12-2024 31-07-2025 03-07-2025 28 d early 2025-00229155
31-12-2023 31-07-2024 17-10-2024 78 d late 2024-00509326
31-12-2022 31-07-2023 05-10-2023 66 d late 2023-00472013
31-12-2021 31-07-2022 06-05-2022 86 d early 2022-20026334
31-12-2020 31-07-2021 20-04-2021 102 d early 2021-10600466
31-12-2019 31-07-2020 26-05-2020 66 d early 2020-13700384
31-12-2018 31-07-2019 03-05-2019 89 d early 2019-11900582
31-12-2017 31-07-2018 02-07-2018 29 d early 2018-29100290

Source: the National Bank's deposit records. Those records are complete, including for years whose figures we have not read yet. Filing late covers nearly half the market and is therefore not scored; only not filing, being more than 90 days late and breaking a punctual record carry weight.

Trust signals

2 signals
More than 3 years active
Founded in 2017, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad, and the KBO register records a normal legal situation.

Administrative Flags

No strikeouts found in the KBO publications we processed. That series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.7% Low
0%0,5%1,5%4%10%≥25%
Lower-risk legal form Higher-failure-rate sector +Higher-failure-rate region +

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

Annual accounts & ratios

Source: NBB
Financials being processed
NBB has 8 filing(s) on record for this company, latest fiscal year 2024 (volledig). The annual accounts are being processed.
Filings on record
Fiscal year Type Filed Reference
31-12-2024 volledig 03-07-2025 2025-00229155
31-12-2023 volledig 17-10-2024 2024-00509326
31-12-2022 volledig 05-10-2023 2023-00472013
31-12-2021 volledig 06-05-2022 2022-20026334
31-12-2020 volledig 20-04-2021 2021-10600466
31-12-2019 volledig 26-05-2020 2020-13700384
31-12-2018 volledig 03-05-2019 2019-11900582
31-12-2017 volledig 02-07-2018 2018-29100290

Directors

Directors & mandates

9 directors
15 of this company's 15 Belgian State Gazette acts have not been read yet. Appointments and resignations recorded in them are missing below: a director who resigned there may therefore still show here as sitting. See the acts under Publications.
Current directors & mandates
  • Thomas WOOS
    Managing director
    State Gazette act 25140049 (03-11-2025)
    Current
    13-08-2025 → present
  • CORRECT IIILegal entity
    Director· perm. rep.: Eshel Heffetz
    State Gazette act 24101689 (05-07-2024)
    Current
    01-06-2024 → present
    2 events
    • 01-06-2024 Appointed· Director
    • 01-06-2024 Appointed· Managing director
  • Yossi SHOUKROUN
    Director
    State Gazette act 21107840 (09-09-2021)
    Current
    09-09-2021 → present
Historic, not recently confirmed (2)
These mandates remain open in the register but have not been confirmed by a new act in over six years. They do not count as active directors.
  • Sten Erling ROSSBY
    Director
    State Gazette act 18178912 (14-12-2018)
    Not recently confirmed
    last confirmed in an act from 2018
  • JCD AVIATIONLegal entity
    Director· perm. rep.: Jean-Christophe DEGEN
    State Gazette act 17126594 (04-09-2017)
    Not recently confirmed
    last confirmed in an act from 2017
Former directors (4)
  • CORRECT III srlLegal entity
    Director· perm. rep.: Eshel HEFFETZ
    State Gazette act 25140049 (03-11-2025)
    Former
    - → 30-09-2025
  • Eshel HEFFETZ
    Director
    State Gazette act 24101689 (05-07-2024)
    Former
    - → 01-06-2024
    2 events
    • 01-06-2024 Resigned· Director
    • 01-06-2024 Resigned· Managing director
  • Sten ROSSBY
    Director
    State Gazette act 19130120 (01-10-2019)
    Former
    - → 31-07-2019
  • Jean-Christophe DEGEN
    Director
    State Gazette act 17126594 (04-09-2017)
    Former
    - → 07-03-2017
Full appointment history from the Belgian State Gazette. Permanent representatives are shown for corporate directors.

Statutory auditor

1 auditor
Statutory auditor IRE/IBR number Tenure
LIBRA - AUDIT & ASSURANCECurrent
Statutory auditor
- 12-11-2024 → present
Appointed statutory auditor from the Belgian State Gazette. The IRE/IBR number refers to the register of the Institute of Registered Auditors.

Insolvency mandates

No insolvency mandates (liquidators, administrators) on record for this company.

Legal Structure

NACE primary Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen(46140)
Legal form Public limited company(014)
Incorporation24-01-2017
StatusActive
Postal code4460

Structure & network

Connections & network

2 connected companies
Group structure
CORRECT III
Sits on the board · 1 subsidiary
Control
JCD AVIATION
Sits on the board · 1 subsidiary · 1 location
Control
Connections derived from shared directors, addresses, shareholders and group structure in the Belgian State Gazette.

Ownership & control

2 parties
Control over this companysits on this company's board2
1 subsidiary · 1 location
1 subsidiary
controls
Challenge Airlines (BE) S.ABE 0669.921.491

Each band states what its claims rest on. A board seat is influence over the board, not ownership. Court mandates (receiver, interim administrator) and liquidation mandates do not link companies and are therefore absent here; they belong under Directors & mandates.

Locations & real estate

Registered office

from the Crossroads Bank
Cannot be placed on the map

This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.

Rue du Fort 34460 Grâce-Hollogne

Establishment units

1 location
ACE - Air Cargo
Rue de l'Aéroport Building 84, 4460 Grâce-HollognePersonenvervoer door de lucht
since 20172.262.186.686
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area3.3 ha
Buildings1
Building footprint2,023 m²
Volume (LiDAR)12,934 m³
Tallest building7.0 m · ±2 fl.

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Wallonia 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
62016B0203/00G000 Wallonia 3.3 ha 1 · 2,023 m² 7.0 m · 2 fl.
Methodology
via establishment units: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Publications

Lifecycle & Insolvency Signals

No insolvency signals in the Belgian State Gazette

Belgisch Staatsblad · acts

15 acts
Address history · 1
22-07-2025
v3.2
All acts · 15 updated 5 months ago
2026
27-02-2026 1 director appointed, 1 resigning Director changes
  • PwC Reviseurs d'Entreprises SRL, Commissaire
  • LIBRA - AUDIT & ASSURANCE SRL, Commissaire
Summary: v3.2
2025
03-11-2025 1 director appointed, 1 resigning Director changes
  • Thomas WOOS, Gedelegeerd bestuurder
  • Eshel HEFFETZ, Bestuurder
Summary: v3.2
22-07-2025 Registered office moved from GRACE-HOLLOGNE to Grâce-Hollogne Registered-office change
  • Rue de l'Aéroport 58, 4460 GRACE-HOLLOGNE → Rue du Fort 3, 4460 Grâce-Hollogne
Summary: v3.2
2024
12-11-2024 LIBRA - AUDIT & ASSURANCE reappointed as statutory auditor Director changes
  • LIBRA - AUDIT & ASSURANCE, Commissaris
Summary: v3.2
05-07-2024 2 directors appointed, 2 resigning Director changes
  • Eshel Heffetz, Bestuurder
  • Eshel Heffetz, Gedelegeerd bestuurder
  • Eshel Heffetz, Bestuurder
  • Eshel Heffetz, Gedelegeerd bestuurder
Summary: v3.2
2021
09-09-2021 Yossi SHOUKROUN appointed as director Director changes
  • Yossi SHOUKROUN, Bestuurder
Summary: v3.2
2020
01-07-2020 SPRL Alain LONHIENNE reappointed as statutory auditor Director changes
  • SPRL Alain LONHIENNE, Commissaris
Summary: v3.2
29-05-2020 Change in the board of directors Director changes
2019
28-10-2019 Change in the board of directors Director changes
01-10-2019 Sten ROSSBY resigns as director Director changes
  • Sten ROSSBY, Bestuurder
Summary: v3.2
2018
14-12-2018 1 director appointed, 1 resigning Director changes
  • Sten Erling ROSSBY, Bestuurder
  • JCD AVIATION SPRL, Bestuurder
Summary: v3.2
28-06-2018 Articles of association amended Statutes amendment
2017
04-09-2017 Change in the board of directors Director changes
04-09-2017 2 directors appointed, 1 resigning Director changes
  • Jean-Christophe DEGEN, Bestuurder
  • SPRL Alain LONHIENNE, Commissaris
  • Jean-Christophe DEGEN, Bestuurder
Summary: v3.2
26-01-2017 Incorporation of a new SNC Incorporation
Summary: oprichting

Analysis

Credit advice

verdict per customer and amount

May this customer buy amount X on invoice? Enter the amount and the payment term. This page computes a GREEN, AMBER or RED verdict from them, with a suggested ceiling and concrete conditions.

Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

Similar companies

Same sector and region
We hold no filed accounts for this company, so a size comparison is not possible. These companies share only the sector and the region. We hold annual accounts for 133 of the 1,075 companies in this sector.

Company registry

Company registry (CBE)

Crossroads Bank
Activities
Handelsbemiddeling in de groothandel in machines, apparaten en werktuigen voor de industrie en in schepen en luchtvaartuigen46140Logistieke diensten52250Overige vervoerondersteunende activiteiten52290Reparatie en onderhoud van civiele lucht- en ruimtevaartuigen33160Goederenvervoer door de lucht51210Ruimtevaart51220Verhuur en lease van luchtvaartuigen77350Vlieg- en vaaronderricht85532
Primary activity highlighted.
Names & trade names
Legal nameFR Challenge Airlines (BE) S.A
AbbreviationFR ACE - Cargo
Registered office
Rue du Fort 3
4460 Grâce-Hollogne, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.