CopyChallenge
ActiveSummary
The computed 12-month bankruptcy probability of CopyChallenge is 17.0% (high). The 2025 annual accounts show negative equity (-€69,429) and a net result of -€71,652. Its solvency ranks better than 10% of 17,001 sector peers (NACE 56, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.
Overview
Overview
Official details
Source: KBO- Status
- Active since 04-09-2023 Normal situation
- Registered office
- 358 active companies are registered at this address 43 started in the 12 months before. Source: KBO register, as of 3 November 2026.
- Activity
- Limited-service restaurants, excluding mobile food services NACE 56112
- Establishment unit
- 2.349.401.366 1070 Anderlecht, since 04-09-2023
- Financial year end
- 31 December
- Peppol
- Not found in the Peppol Directory
Financial position
- Bankruptcy probabilitywithin 12 months
- 17.0%
- Gross margin
- -€26,490
- Loss
- €71,652
- Equity
- -€69,429
- Total assets
- €65,723
- ▲ 26×
- Staff
- ≈ 1.1 FTE
- estimated
- Negative equity on 31-12-2025
Score breakdownraises risk2 changes of registered office in 24 monthsSector: Food and beverage service activities (NACE 56)Founded in 2023Negative equity -€69,429Show the evidence
Checked score
About 1 in 6 comparable companies go bankrupt within 12 months (an estimate).
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 56, micro). It does better than 9% of them on solvency, 3% on liquidity, 8% on profitability and 1% on growth.
The bankruptcy probability was computed on 02-11-2026 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).
Credit check for an amount and term of your choice
Show the recommended maximum and see how the verdict changes with amount, term and advance.
The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 2 accounts on average 16 days after the deadline. In the sector (NACE 56), the median for financial year 2024 was 7 days after the deadline, and 53% of those companies filed late.
Searched, nothing found (2)
Financials
Financials · financial year 2025, micro format
Annual accounts 2025 filed on 31-07-2026 at the NBB all 2 filings
Every figure per financial year
The operating result for 2025 is a loss of €71,620, after a profit of €408 in 2024.
Turnover and EBIT margin are not published. The micro format does not require them.
Investments
| Item | 2024 | 2025 |
|---|---|---|
| Intangible fixed assets | €859 | - |
| Depreciation and write-downs of the year | €859 | - |
Source: notes to the 2024 to 2025 annual accounts (statement of fixed assets)
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Remuneration, social security and pensions62 | - | €37,260 | - |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €859 | - | - |
| Other operating charges640/8 | €574 | €7,870 | ▲ 14× |
| Gross operating margin9900 | €1,840 | -€26,490 | - |
| Operating profit (loss)9901 | €408 | -€71,620 | - |
| Financial charges65/66B | €116 | €32 | ▼ 72.6% |
| Recurring financial charges65 | €116 | €32 | ▼ 72.6% |
| Profit (loss) for the period before taxes9903 | €292 | -€71,652 | - |
| Income taxes67/77 | €58 | - | - |
| Profit (loss) for the period9904 | €233 | -€71,652 | - |
| Profit (loss) for the period to be appropriated9905 | €233 | -€71,652 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Assets | |||
| Total assets20/58 | €2,519 | €65,723 | ▲ 26× |
| Current assets29/58 | €2,519 | €65,723 | ▲ 26× |
| Amounts receivable within one year40/41 | - | €64,802 | - |
| Trade receivables40 | - | €60,000 | - |
| Other amounts receivable41 | - | €4,802 | - |
| Cash at bank and in hand54/58 | €2,519 | €920 | ▼ 63.5% |
| Equity and liabilities | |||
| Total equity and liabilities10/49 | €2,519 | €65,723 | ▲ 26× |
| Equity10/15 | €2,223 | -€69,429 | - |
| Contributions10/11 | €1,990 | €1,990 | = |
| Profit (loss) carried forward14 | €233 | -€71,419 | - |
| Amounts payable17/49 | €295 | €135,151 | ▲ 458× |
| Amounts payable within one year42/48 | €295 | €135,151 | ▲ 458× |
| Trade debts44 | - | €8,943 | - |
| Suppliers440/4 | - | €8,943 | - |
| Taxes, remuneration and social security45 | €295 | €122 | ▼ 58.8% |
| Taxes450/3 | €295 | €122 | ▼ 58.8% |
| Other amounts payable47/48 | - | €126,086 | - |
| Line | 2024 | 2025 | Change |
|---|---|---|---|
| Profit (loss) for the period9904 | €233 | -€71,652 | - |
| + Depreciation and write-downs630 | €859 | - | - |
| Operating cash flow (approximation) | €1,093 | -€71,652 | - |
| Change in cash | - | -€1,598 | - |
A Belgian filing has no cash-flow statement. These rows are therefore an approximation, derived from the income statement and the balance-sheet moves.
Historical observation
In July 2024, 7,639 companies had the same profile as CopyChallenge has now. Two years later, 84.8% were still going and 8.8% had gone bankrupt.
- Micro
- 2 to 5 years old
- negative equity
- a loss of 10% of the balance sheet or more
Another 0.7% stopped without a precise date, possibly only after those two years.
The bankruptcy probability of CopyChallenge itself is higher: 17.0% within 12 months. It rests on far more data about CopyChallenge than the profile alone.
Test of the method
The method was tested on the 497,446 companies of July 2024. Each company was given the bankruptcy share of the same profile a year earlier, in July 2023. The expectation was that 1.6% would go bankrupt within 24 months. In fact 1.7% went bankrupt.
| Group | Expected | Actual |
|---|---|---|
| 1 | 0.2% | 0.2% |
| 2 | 0.3% | 0.5% |
| 3 | 0.5% | 0.6% |
| 4 | 0.7% | 0.8% |
| 5 | 0.9% | 0.9% |
| 6 | 1.3% | 1.5% |
| 7 | 1.6% | 1.8% |
| 8 | 1.8% | 1.8% |
| 9 | 3.0% | 3.1% |
| 10 | 5.6% | 6.2% |
A company that went bankrupt had a higher expected share than one that kept going in 74.5% of comparisons. The level depends on the economy. In a year with more bankruptcies than the year before, the actual share is higher than the expected one.
This is an observation about 7,639 companies, not a prediction for CopyChallenge. The sector does not count, because the KBO no longer lists a sector for a company that has stopped. By sector, mostly the survivors would count, which would paint too rosy a picture.
Board & ownership
Directors
Owners and capital
Shareholders
- EL OULAOUCHI Nagim
- EL OULAOUCHI Zakaria 100 shares
- EL OULAOUCHI Nagim to EL OULAOUCHI Zakaria 100 shares · 100%
- MEIRA Isabel
- EL OULAOUCHI Nagim 100 shares
- MEIRA Isabel to EL OULAOUCHI Nagim 100 shares · 100%
- MEIRA Isabel 100 shares (100%) · €5,000
Capital transactions
- 06-09-2023 Incorporation · €5,000 · 100 shares
Mandate history
- Board
| Name | Functions and periods |
|---|---|
| EL OULAOUCHI Zakaria |
|
| EL OULAOUCHI Nagim |
|
| MEIRA Isabel |
|
Network & group
CopyChallenge shares no director with another company.
Companies at the same address
357 other companies- BRILLO LOGISTICO Registered office · since 2026 1044522229
- KADENA BUILD Registered office · since 2026 1044721078
- RELAIS Registered office · since 2026 1043737618
- WIB BUSINESS GROUP Registered office · since 2026 1043653583
- UPBEAR International Registered office · since 2026 1042977652
- PC Construct MD Registered office · since 2026 1042797213
- CTV CONSTRUCT Registered office · since 2026 1042579952
- LVM PROPERTIES Registered office · since 2026 1040795845
- MANI CONSTRUCT Registered office · since 2026 1040800496
- VITALIJN Registered office · since 2026 1040337767
Connections & network
1 current directorThe network starts from the directors of CopyChallenge. Every other company they run is a node.
Timeline
Acts, filings and financial milestones
20-11
Gazette deed
Registered office moved from Anderlecht to Molenbeek-Saint-JeanTransfer of 100 shares · New seat: avenue de la Liberté 175 - 1080 Molenbeek-Saint-Jean · Previous seat: Rue de Veeweyde 6 - 1070 Anderlecht7 points ▸
- General meeting, 11-11-2025
- Director resignation, EL OULAOUCHI Nagim (director)
- Director appointment, EL OULAOUCHI Zakaria (director)
- Share transfer, EL OULAOUCHI Nagim → EL OULAOUCHI Zakaria
- EL OULAOUCHI Nagim is a shareholder
- EL OULAOUCHI Zakaria holds 100 shares
- Registered-office move, avenue de la Liberté 175 - 1080 Molenbeek-Saint-Jean
23-12
Gazette deed
Registered office moved from yelte to AnderlechtTransfer of 100 shares · New seat: Rue de Veeweyde 6-1070 Anderlecht · Previous seat: Rue Honoré Longtin 86 bte 0002 1030 yelte7 points ▸
- General meeting, 13-12-2024
- Director resignation, MEIRA Isabel (director)
- Director appointment, EL OULAOUCHI Nagim (director)
- Share transfer, MEIRA Isabel → EL OULAOUCHI Nagim
- MEIRA Isabel is a shareholder
- EL OULAOUCHI Nagim holds 100 shares
- Registered-office move, Rue de Veeweyde 6-1070 Anderlecht
06-09
Gazette deed
IncorporationStarting capital €5,000 · Appointment: MEIRA Isabel (director) · Founder13 points ▸
- Founder, MEIRA Isabel (comparante)
- Other provision, 26-07-2023
- Incorporation, 01-09-2023
- Founding capital, €5,000
- Other provision, “responsabilité du fondateur en cas de faillite dans les 3 ans de la constitution, objet social large reprenant un nombre important et diversifié d'activités” (deed in French)
- Other provision, “arrêt des statuts de la société” (deed in French)
- Registered office clause, “siège actuel, 1090 Jette, Rue Honoré Longtin, 86 / boîte 0002” (deed in French)
- Other provision, “m.isabel2@hotmail.fr, site internet et adresse électronique” (deed in French)
- Other provision, “avertissements, éclairée par notaire sur dispositions légales” (deed in French)
- Other provision, “bénéficiaires effectifs, informée par notaire de son obligation de renseigner bénéficiaires effectifs dans registre UBO” (deed in French)
- General meeting, “assemblée générale extraordinaire, à l'instant même” (deed in French)
- Board rule, 1
- The act holds 1 more point.
Sources:Publications in the Belgian Official GazetteFilings with the National Bank
History
On 4 September 2023, CopyChallenge was incorporated as a private limited company by one natural person, with a starting capital of €5,000.12 The registered office moved to Anderlecht in 2024 and to Molenbeek-Saint-Jean in 2025.34 EL OULAOUCHI Zakaria is director of the company, appointed in the act of 20-11-2025.4
Company details
Register details
Identity
KBO recordRegistered office and establishments
2 former offices
- Rue de Veeweyde 6, 1070 Anderlecht until 11-11-2025 · act of 20-11-2025
- Rue Honoré Longtin 86 bte 0002, 1030 yelte until 13-12-2024 · act of 23-12-2024
Activities
NACEBEL 2025Codes under NACEBEL 2008
Invoicing and payment
Financial year and general meeting
Accounts at the NBBSites & property
Buildings and parcels at the addresses
| Cadastral parcel | Region | Area | Buildings | Height / floors |
|---|---|---|---|---|
| 21526D0069/02A005 | Brussels | 310 m² | 1 · 243 m² | 10.9 m · 2 |
| 21001A0623/00X007 | Brussels | 117 m² | 1 · 130 m² | 16.4 m · 4 |