CHALL
BankruptcyThe KBO register records for CHALL the legal situation: open bankruptcy (code 050); this is today's state according to the register itself, which carries no start date. The 2022 annual accounts show equity of €51k and a net result of €59k.
Signals
Three signals. The signal on the left, the evidence on the right.
+raises risk○neutral
neutral · Filed after the deadline
The financial year that closed on 31-12-2022 was due by 31-07-2023 and was filed on 25-08-2023, 25 days later. For context: 47% of the Belgian market files late and the whole 1-to-90-day band measures 2.0% abnormal legal state against a 1.66% average. We show this as a fact and do not score it.
NBB · 10 filingsDeviation from the deadline
2025
not confirmed
2024
not filed
2023
not filed
2022
25 d late
2021
369 d late
2020
432 d late
2019
270 d late
← before the deadline
after the deadline →
Financials · fiscal year 2022, micro schema
Turnover
€255k▲ 67.5%
2021 · €152k
2019: €19k
2020: €90k
2021: €152k
2019 → 2022
EBIT margin
33.0%▲ 25.4pp
2021 · 7.7%
2019: 7.0%
2020: -13.2%
2021: 7.7%
2019 → 2022
Net result
€59k▲ 992%
2021 · €5k
2018: €-2k
2019: €1k
2020: €-13k
2021: €5k
2018 → 2022
Working capital
€45k
2021 · €-12k
2018: €-2k
2019: €-782
2020: €-15k
2021: €-12k
2018 → 2022
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20182019202020212022Trend
Turnover€19k€90k▲ 381%€152k▲ 70.1%€255k▲ 67.5%
Equity€-2k-€-782▲ 62.5%€-14k▼ 1,646%€-8k▲ 39.4%€51k
Operating result€-2k-€1k€-12k€12k€84k▲ 622%
Net result€-2k-€1k€-13k€5k€59k▲ 992%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2020 the operating result has climbed two years in a row; 2022 is 622% above 2021 and is the highest year so far.
Balance-sheet composition
2022 in colour, 2021 as the grey bar beneath
Assets €120k
Fixed assets
€6k▲ 51.7%
Current assets
€114k▲ 307%
Equity and liabilities €120k
Equity
€51k
Debt
€69k
Debt finances 57.8% of the balance-sheet total.
Key figures and ratios
EBITDA
€85k▲
2021 · €12k
Cash flow
€60k▲
2021 · €6k
Solvency
42.2%▲
2021 · -26.0%
Current ratio
1.64▲
2021 · 0.70
Quick ratio
1.63▲
2021 · 0.62
Debt / equity
1.37▲
2021 · -4.85
ROE
116.4%▲
2021 · -65.1%
ROA
49.1%▲
2021 · 16.9%
Interest coverage
22.70▲
2021 · 1.92
Debt
€69k▲
2021 · €40k
Debt ≤ 1 year
€69k▲
2021 · €40k
Income taxes
€22k
Staff costs
€35k▲
2021 · €19k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2022 against 2021
Balance sheet
Code20212022
Assets
Total assets20/58€32k€120k▲
Fixed assets21/28€4k€6k▲
Tangible fixed assets22/27€1k€3k▲
Plant, machinery and equipment23-€2k
Furniture and vehicles24€1k€788▼
Financial fixed assets28€3k€3k=
Current assets29/58€28k€114k▲
Stocks and contracts in progress3€3k€950▼
Stocks30/36€3k€950▼
Amounts receivable within one year40/41€18k€64k▲
Trade receivables40€3k€3k=
Other amounts receivable41€15k€61k▲
Cash at bank and in hand54/58€7k€48k▲
Deferred charges and accrued income490/1-€768
Equity and liabilities
Total equity and liabilities10/49€32k€120k▲
Equity10/15€-8k€51k▲
Contributions10/11€8k€8k=
Profit (loss) carried forward14€-17k€42k▲
Amounts payable17/49€40k€69k▲
Amounts payable within one year42/48€40k€69k▲
Trade debts44€13k€2k▼
Suppliers440/4€13k€2k▼
Taxes, remuneration and social security45€12k€60k▲
Taxes450/3€12k€56k▲
Remuneration and social security454/9€491€4k▲
Other amounts payable47/48€14k€8k▼
Income statement
Code20212022
Turnover70€152k€255k▲
Goods, raw materials, services and sundry goods60/61€121k€134k▲
Remuneration, social security and pensions62€19k€35k▲
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€428€1k▲
Other operating charges640/8€381€638▲
Gross operating margin9900€32k€121k▲
Operating profit (loss)9901€12k€84k▲
Financial charges65/66B€6k€4k▼
Recurring financial charges65€6k€4k▼
Profit (loss) for the period before taxes9903€5k€81k▲
Income taxes67/77-€22k
Profit (loss) for the period9904€5k€59k▲
Profit (loss) for the period to be appropriated9905€5k€59k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-17k€42k▲
Profit (loss) brought forward from the previous period14P€-22k€-17k▲
The notes to these accounts (8 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
2023
25-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 25 days late
04-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 369 days late
2022
31-12
Financial
Highest result since 2018net €59k ▲992%
Operating result €84k, net result €59k, both a record.
31-12
Financial
Liquidity doublescurrent ratio 1.64
Current ratio from 0.70 to 1.64.
06-10
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 432 days late
2021
31-12
Financial
Back to profitnet €5k
Net result €5k after one loss-making year.
27-04
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 270 days late
2020
31-12
Financial
Weakest financial yearnet €-13k ▼1087%
Net result drops to €-13k, the lowest in the series.
2019
31-12
Financial
Back to profitnet €1k
Net result €1k after one loss-making year.
14-09
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 45 days late
2016
31-08
NBB filing
Annual accounts filed
fiscal year 2015 · full schema · 31 days late
2015
25-08
NBB filing
Annual accounts filed
fiscal year 2014 · full schema · 25 days late
2014
19-08
NBB filing
Annual accounts filed
fiscal year 2013 · full schema · 19 days late
2013
26-07
NBB filing
Annual accounts filed
fiscal year 2012 · full schema
2012
21-12
NBB filing
Annual accounts filed
fiscal year 2011 · full schema · 143 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
6 acts for this company are in the Belgian State Gazette, of which we have read 0. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Etterbeek · 1 establishment unit since 2023
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.
Jachtlaan 1331040 EtterbeekGround area
75 m²
Building footprint
63 m²
Volume, LiDAR
859 m³
Parcel 21364B0183/00H003, Brussels · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
1 establishment unit
CHALL
since 20232.353.075.191
1 parcel
Brussels
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 21364B0183/00H003 | Brussels | 75 m² | 1 · 63 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
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Of 21,627 companies in sector 56112 we hold annual accounts for 9,654. 8,277 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded12-04-2011
Fiscal year end31-12
Activities, NACEBEL
56102Limited-service restaurants
56112Limited-service restaurants, excluding mobile food services
Sources
Crossroads Bank for EnterprisesNational Bank · 10 filingsAddress and cadastre registers
Data from official sources, last processed on 15-09-2026. Scores and ratios are computed by Checked and are not a credit decision.