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MB CHALLENGE

Active
Private limited companyfounded 2023active for 3 yearsVilvoordsesteenweg 9C, 1850 Grimbergen, BelgiumKBO/BCE: BE 0803.102.491
Summary

The computed 12-month bankruptcy probability of MB CHALLENGE is 5.5% (elevated). The 2025 annual accounts show negative equity (-€10,063) and a net result of -€13,832. Its solvency ranks better than 8% of 5,687 sector peers (NACE 49, financial year 2025). The company has been active since 2023 and the Belgian Official Gazette contains no insolvency or warning signals.

Overview

Activity
On-demand passenger transport by chauffeured vehicle
NACE 49330
1 site
Size
€22,086total assets 2025
Equity
-€10,063
Loss
-€13,832
Turnover not published (micro format)
Financial health
34 Weak Checked score 2025
Bankruptcy probabilitywithin 12 months
5.5%
Structure
Accounts filed 30 days late0 of 2 deeds read
Why 34raises riskSector: Land transport and transport via pipelines (NACE 49)Founded in 20231 change of registered office in 24 monthsNegative equity -€10,063Show the evidence

Checked score

Score 2025
34 / 100
Weak
Probability in this band: 4.2% to 15.0%
Financially better than 7% of its sector peers (NACE 49, micro)
Financial strength · tick = 2024
Weak
Solvency 0-36
equity -45.6% of total assets
Liquidity 20-22
short-term debt 145.6% · cash 16.2%
Profitability 0-74
return on assets -62.6%
Bankruptcy probability, 12 months
5.5% Elevated
0%0.5%1.5%4%10%≥ 25%

About 5 in 100 comparable companies go bankrupt within 12 months (an estimate).

Sector median 1.9% (9,064 companies, NACE 49, micro)
Last 24 months 11-2024: 4.2% 12-2024: 4.6%▲ +0.4 percentage points vs 11-2024 01-2025: 4.6%● unchanged vs 12-2024 02-2025: 5.0%▲ +0.4 percentage points vs 01-2025 03-2025: 4.8%▼ -0.2 percentage points vs 02-2025 04-2025: 4.8%● unchanged vs 03-2025 05-2025: 5.1%▲ +0.3 percentage points vs 04-2025 06-2025: 5.3%▲ +0.2 percentage points vs 05-2025 07-2025: 5.3%● unchanged vs 06-2025 08-2025: 5.3%● unchanged vs 07-2025 09-2025: 8.2%▲ +2.9 percentage points vs 08-2025highest value 10-2025: 3.5%▼ -4.7 percentage points vs 09-2025 11-2025: 3.5%● unchanged vs 10-2025 12-2025: 3.5%● unchanged vs 11-2025 01-2026: 3.5%● unchanged vs 12-2025 02-2026: 3.4%▼ -0.1 percentage points vs 01-2026lowest value 03-2026: 3.5%▲ +0.1 percentage points vs 02-2026 04-2026: 4.1%▲ +0.6 percentage points vs 03-2026 05-2026: 4.9%▲ +0.8 percentage points vs 04-2026 06-2026: 4.9%● unchanged vs 05-2026 07-2026: 5.1%▲ +0.2 percentage points vs 06-2026 08-2026: 6.1%▲ +1.0 percentage point vs 07-2026 09-2026: 5.5%▼ -0.6 percentage points vs 08-2026 10-2026: 5.5%● unchanged vs 09-2026
No credit on open account
Liquidity insufficient (current ratio 0.22, compared with 0.47 in 2024; short-term debt: 145.6% and cash: 16.2% of total assets), and equity is negative.
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 49, micro): better than 5% on solvency, 17% on liquidity, 6% on profitability and 2% on growth.

The bankruptcy probability was computed on 09-10-2026 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

Six signals.
+raises risk○neutral
raises risk · Sector: Land transport and transport via pipelines (NACE 49)
KBO
raises risk · Founded in 2023
How long the company has existed counts in the probability; how much depends on the rest of its profile.
KBO
raises risk · 1 change of registered office in 24 months
Belgian Official Gazette
raises risk · Negative equity -€10,063
NBB · annual accounts
raises risk · Negative equity
The 2025 annual accounts show negative equity and a net loss.
NBB · annual accounts 2025
Equity per financial year
2425
2024 to 2025 · latest year -€10,063
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 30-08-2026, 30 days later. For context: 47% of Belgian companies file late, and of those that file 1 to 90 days late, 2.0% are now in a legal situation other than normal in the KBO (such as bankruptcy, liquidation or dissolution), against 1.66% of all filers. We show this as a fact and do not score it.
NBB · 2 filings
Deviation from the deadline
2025
30 days late
2024
30 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

This company filed its last 2 accounts on average 30 days after the deadline; the sector median (NACE 49) for financial year 2024 is on the deadline day, and 49% 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.
Companies Code · seven months
Where today falls in the filing period
10-10-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
Searched since incorporation in 2023.
KBO publications · our coverage
  1. Annual accounts filedfinancial year 2025 · micro…
  2. Annual accounts filedfinancial year 2024 · micro…

Key points

  • Risk: Negative equityfinancial year 2025: debts exceed assets -€10,063 View
  • Caution: Among the weakest 9% on solvencysector median 38.5% · 5,687 companies -45.6% View
  • Total assets 20252 financial years filed €22,086 View

By topic

Financials

Financial year
2025
Total assets
€22,086
Loss
-€13,832
Solvency
-45.6%
Total assets▼ 36.0%
Net result
20242025
Go to Financials

Company details

Sites
1
Legal form
Private limited company
Activity
On-demand passenger transport by chauffeured vehicleNACE 49330
Founded
23-06-2023
Year ends
31-12
Peppol
Reachable for e-invoices
Go to Company details

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