Challenge Airlines (BE) S.A SA
93.5 FTEChallenge Airlines (BE) S.A reported revenue of €70.1m for the 2024 financial year (annual accounts filed with the NBB on 03 Jul 2025), with 93.5 full-time equivalents.
By total assets for 2024, Challenge Airlines (BE) S.A is the largest of the 637 companies in its sector (NACE 4614) in Belgium that filed accounts for that financial year. Largest companies in the sector →
The score of Challenge Airlines (BE) S.A shows with a free account.
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- Balance sheet strength
- Liquidity
- Repayment capacity
- Profitability
- Trajectory
- Compliance and register
- Position in its sectorvs peers
- Supplier creditat 30 d
- Borrowing capacityborrowable
- Valuationcentral
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Key figures 2024
Change 2021 → 2024: Revenue +66 % Total assets +366 % Headcount (avg FTE) +69 %
Accounts of the company itself (not consolidated).
The full file covers 8 financial years; a free account shows 2. →Deterministic calculation on the filed accounts, no AI. Dispute the score or report an error
Challenge Airlines (BE) S.A's annual accounts
| 2024 | 2023 | 2022 | 2021 | 2020 | |
|---|---|---|---|---|---|
| Revenue | €70.1m | ||||
| Net result | −€6.90m | ||||
| Equity | −€14.3m | ||||
| Cash | €3.01m | ||||
| EBITDA | −€7.60m | ||||
| Total assets | €78.4m |
Filed annual accounts
- Year ended 31 Dec 2024filed on 03 Jul 2025
- Year ended 31 Dec 2023filed on 17 Oct 2024
- Year ended 31 Dec 2022filed on 05 Oct 2023
- Year ended 31 Dec 2021filed on 06 May 2022
- Year ended 31 Dec 2020filed on 20 Apr 2021
Challenge Airlines (BE) S.A's financial analysis
- Solvency-18.3%sector median: 51.9%
- Current ratio
- Net margin
- ROE
- Financial debt / EBITDA
- Interest coverage
- Days sales outstanding (DSO)
Management and control of Challenge Airlines (BE) S.A
Challenge Airlines (BE) S.A's publications in the Belgian Gazette
Company number, VAT number and registered office
- Company number (CBE)
- 0669.921.491
- VAT number
- BE0669921491
- Peppol
- Registered · 0208:0669921491 · as of 10 Nov 2026
- Legal form
- SA
- Incorporated
- 24 Jan 2017
- Registered office
- 4460 Grâce-Hollogne
- Size
- Medium · 93.5 FTE
- Latest accounts
- 2024 · filed on 03 Jul 2025
- Activity
- Activities of agents involved in the wholesale of machinery, industrial equipment, ships and aircraft (NACE 46140)
Challenge Airlines (BE) S.A (SA) has been based in Grâce-Hollogne since 2017, active in: activities of agents involved in the wholesale of machinery, industrial equipment, ships and aircraft. For 2024, it reports revenue of €70.1m, a net loss of €6.90m and equity of −€14.3m. With 93.5 full-time equivalents, it is a medium-sized enterprise by headcount. Its solvency stands at -18.3%, below the median of its sector (51.9%).
Guide: Checking a Belgian supplier invoice: numbers and IBAN →
Companies similar to Challenge Airlines (BE) S.A
Companies in the same business, of comparable size and area, outside its group.
- ASL Airlines Belgium Freight air transport Grâce-Hollogne · balance sheet €176.4m
- BEL Air Cargo Activities of agents involved in the wholesale of other particular products Grâce-Hollogne · balance sheet €56.4m
- Aviapartner Belgium Service activities incidental to air transportation Zaventem · balance sheet €73.6m
- Abelag Aviation Passenger air transport Wevelgem · balance sheet €47.2m
Frequently asked questions about Challenge Airlines (BE) S.A
What is the revenue of Challenge Airlines (BE) S.A?
According to the 2024 annual accounts filed with the NBB, the revenue of Challenge Airlines (BE) S.A amounts to 70,081,723 €.
What is the VAT number of Challenge Airlines (BE) S.A?
In Belgium, the VAT number is the company number prefixed with BE: BE0669921491 for Challenge Airlines (BE) S.A, if the company is VAT-registered. Its company number (CBE) is 0669.921.491.
Where is the registered office of Challenge Airlines (BE) S.A?
According to the CBE register, the registered office of Challenge Airlines (BE) S.A is in 4460 Grâce-Hollogne.
What is the equity of Challenge Airlines (BE) S.A?
At the close of the 2024 financial year, the equity of Challenge Airlines (BE) S.A amounts to -14,318,082 €, a solvency of -18.3% of total assets.
How many people work at Challenge Airlines (BE) S.A?
93.5 full-time equivalents on average according to the 2024 social balance sheet.
Who manages Challenge Airlines (BE) S.A?
The register lists 4 active mandates at Challenge Airlines (BE) S.A. Names and roles are in the full file, with the deeds published in the Belgian Gazette.
How large is Challenge Airlines (BE) S.A within its sector?
By total assets for 2024, Challenge Airlines (BE) S.A is the largest of the 637 companies in its sector (NACE 4614) in Belgium that filed accounts for that financial year.
The full file of Challenge Airlines (BE) S.A
Directors and mandates, ownership network, Gazette deeds, ten years of accounts and ratios, Excel export, and Idonis's analysis in one question.
Open the full file →