CONDOMINIUM III
ActiveSummary
CONDOMINIUM III has been active since 1994 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €85k and a net result of €6k. Equity is growing by ~7.7% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.5% (low).
Checked score
Score 2025
Axes · tick = 2024
Profitability54▲+19
Solvency100=
Growth52=
Track record100
Bankruptcy probability, 12 months
0.5%
Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €7k at 30 days acceptable
Liquidity ample (current ratio 6.57; short-term debt: 7.2% and cash: 45.8% of total assets), and 9.5% of the assets are financed with debt.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation dateAge against the risk zone
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025Solvency, return and age of the figures
Solvency
90.5%
Return on assets
6.8%
Age of the figures
9 mo
neutral · Filed after the deadline
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 17-08-2026, 17 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
17 d late
2024
26 d late
2023
22 d late
2022
30 d late
2021
30 d late
2020
31 d late
2019
28 d late
← before the deadline
after the deadline →
Checked, nothing found (2)
neutral · The next deadline is still running
The next financial year closes on 31-12-2026 and is due by 31-07-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
25-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, abbreviated schema
Equity
€85k▲ 8.1%
2024 · €78k
Total assets
€93k▲ 16.2%
2024 · €80k
Net result
€6k
2024 · €-778
Working capital
€38k▲ 19.8%
2024 · €31k
Trend over the years
Click a name to add, emphasise or remove a line.
Every figure with its change against the fiscal year before
favourable
unfavourable
Line20212022202320242025
Operating result€10k▲ 53.7%€7k▼ 32.8%€7k▲ 5.4%€-778€9k
Net result€10k▲ 53.7%€6k▼ 40.3%€5k▼ 21.2%€-778€6k
Equity€68k▲ 17.2%€74k▲ 8.8%€79k▲ 6.4%€78k▼ 1.0%€85k▲ 8.1%
Total assets€90k▼ 36.7%€118k▲ 31.1%€84k▼ 29.4%€80k▼ 3.7%€93k▲ 16.2%
Debt€22k▼ 73.9%€44k▲ 100%€5k▼ 89.8%€2k▼ 51.4%€9k▲ 305%
Working capital€15k▲ 652%€24k▲ 59.6%€31k▲ 32.0%€31k▼ 0.3%€38k▲ 19.8%
Turnover and EBIT margin not published: the abbreviated or micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result returns to profit in 2025: €9k after a loss of €778 in 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €93k
Fixed assets
€49k ▲ 0.3%
Current assets
€44k ▲ 41.0%
Equity and liabilities €93k
Equity
€85k ▲ 8.1%
Debt
€9k ▲ 305%
Debt's share of the balance-sheet total rises from 2.7% to 9.5%. Equity and debt are higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €2k
Cash flow
€9k▲
2024 · €2k
Current ratio
6.57
Debt to equity
0.10▲
2024 · 0.03
ROE
7.5%▲
2024 · -1.0%
ROA
6.8%▲
2024 · -1.0%
Debt ≤ 1 year
€7k▲
2024 · €65
Income taxes
€3k
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630 | €3k | €3k | €3k | €3k | €3k | ▲ 3.2% |
| Other operating charges640/8 | €2k | €2k | €3k | €2k | €2k | ▲ 2.9% |
| Gross operating margin9900 | €15k | €12k | €13k | €4k | €14k | ▲ 263% |
| Operating profit (loss)9901 | €10k | €7k | €7k | €-778 | €9k | ▲ 1,320% |
| Profit (loss) for the period before taxes9903 | €10k | €7k | €7k | €-778 | €9k | ▲ 1,320% |
| Income taxes67/77 | - | €749 | €2k | - | €3k | - |
| Profit (loss) for the period9904 | €10k | €6k | €5k | €-778 | €6k | ▲ 916% |
| Profit (loss) for the period to be appropriated9905 | €10k | €6k | €5k | €-778 | €6k | ▲ 916% |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Assets | ||||||
| Total assets20/58 | €90k | €118k | €84k | €80k | €93k | ▲ 16.2% |
| Fixed assets21/28 | €56k | €53k | €50k | €49k | €49k | ▲ 0.3% |
| Tangible fixed assets22/27 | €55k | €52k | €49k | €49k | €49k | ▲ 0.3% |
| Land and buildings22 | €55k | €52k | €49k | €49k | €49k | ▲ 0.3% |
| Financial fixed assets28 | €248 | €248 | €248 | €248 | €248 | = |
| Current assets29/58 | €35k | €66k | €34k | €31k | €44k | ▲ 41.0% |
| Amounts receivable within one year40/41 | - | €699 | €6k | €426 | €1k | ▲ 250% |
| Trade receivables40 | - | €699 | €303 | €293 | €1k | ▲ 410% |
| Other amounts receivable41 | - | - | €6k | €133 | - | - |
| Cash at bank and in hand54/58 | €35k | €65k | €28k | €31k | €43k | ▲ 38.1% |
| Equity and liabilities | ||||||
| Total equity and liabilities10/49 | €90k | €118k | €84k | €80k | €93k | ▲ 16.2% |
| Equity10/15 | €68k | €74k | €79k | €78k | €85k | ▲ 8.1% |
| Contributions10/11 | €62k | €62k | €62k | €62k | €62k | = |
| Capital10 | €62k | €62k | €62k | €62k | €62k | = |
| Issued capital100 | €62k | €62k | €62k | €62k | €62k | = |
| Reserves13 | €6k | €6k | €11k | €11k | €17k | ▲ 58.0% |
| Non-distributable reserves130/1 | €6k | €6k | €6k | €6k | €6k | = |
| Legal reserve130 | €6k | €6k | €6k | €6k | €6k | = |
| Distributable reserves133 | - | - | €5k | €5k | €11k | ▲ 134% |
| Profit (loss) carried forward14 | €118 | €6k | €6k | €5k | €5k | = |
| Amounts payable17/49 | €22k | €44k | €5k | €2k | €9k | ▲ 305% |
| Amounts payable within one year42/48 | €20k | €42k | €2k | €65 | €7k | ▲ 10,287% |
| Trade debts44 | €1k | - | - | - | €170 | - |
| Suppliers440/4 | €1k | - | - | - | €170 | - |
| Taxes, remuneration and social security45 | - | €749 | €2k | - | €3k | - |
| Taxes450/3 | - | €749 | €2k | - | €3k | - |
| Other amounts payable47/48 | €19k | €41k | - | €65 | €3k | ▲ 5,180% |
| Accrued charges and deferred income492/3 | €2k | €2k | €2k | €2k | €2k | = |
| Line | 2021 | 2022 | 2023 | 2024 | 2025 | Change |
|---|---|---|---|---|---|---|
| Profit (loss) for the period9904 | €10k | €6k | €5k | €-778 | €6k | ▲ 916% |
| + Depreciation and write-downs630 | €3k | €3k | €3k | €3k | €3k | ▲ 3.2% |
| Operating cash flow (approximation) | €13k | €9k | €8k | €2k | €9k | ▲ 340% |
| Investment in fixed assets (approximation) | - | €0 | €0 | €-2k | €-3k | ▼ 41.2% |
| Change in cash | - | €30k | €-37k | €3k | €12k | ▲ 288% |
Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.
More with these figures Sector benchmark What changed Value indication
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
17-08
NBB filing
Annual accounts filed
fiscal year 2025 · abbreviated schema · 17 days late
2025
31-12
Financial
Back to profitnet €6k
Net result €6k after one loss-making year.
26-08
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema · 26 days late
2024
31-12
Financial
Weakest financial yearnet €-778
Net result drops to €-778, the lowest in the series; recovery starts the following year.
31-12
Financial
Liquidity times 34current ratio 484.13
Current ratio from 14.21 to 484.13; short-term debt falls from €2k to €65.
22-08
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema · 22 days late
2023
31-12
Financial
Liquidity times 9current ratio 14.21
Current ratio from 1.57 to 14.21; short-term debt falls from €42k to €2k.
30-08
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema · 30 days late
2022
30-08
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema · 30 days late
2021
31-12
Financial
Highest result since 2018net €10k ▲53.7%
Operating result €10k, net result €10k, both a record.
31-08
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema · 31 days late
2020
28-08
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema · 28 days late
Show earlier events
2019
30-08
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema · 30 days late
2018
29-08
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema · 29 days late
2017
19-07
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
0 of 4 acts read
About the unread acts
We know of 4 Belgian State Gazette acts for this company. None of them has been read yet: what they contain is neither established nor disproved here.
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Directors · office · real estate
Directors
4 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, Antwerpen · 1 establishment unit since 2001
Ground area
54 m²
Building footprint
130 m²
Volume, LiDAR
1,568 m³
Parcel 11810K1699/00T012, Flanders · tallest building 17.8 m, ±5 floors. Linked by address, not a title deed.
6
companies at this address
See who is registered here
1 establishment unit
Miraeusstraat 27, 2018 Antwerpen
since 20012.069.573.390
1 parcel
Flanders
1
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 11810K1699/00T012 | Flanders | 54 m² | 1 · 130 m² | 17.8 m · 5 fl. |
Linked by address, not proof of ownership
Good to know
1 of 1 parcel with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Identification & contact
Identification
Legal formPublic limited company
Founded30-06-1994
Fiscal year end31-12
Scores and ratios are computed by Checked and are not a credit decision.