Skip to content

CONDOMINIUM & PARTNERS

Active Private limited companyfounded 2005active for 21 yearsGodefriduskaai 12, 2000 AntwerpKBO/BCE: BE 0875.964.735 subsidiary of CONDOMINIUM II
Part of the group Paparoti holding 4 companies
See the group

Lifetime

18 annual accounts with figures on one time axis, 20 filings since 2006
peak €190,364 (2025)
€190,364▲ €192,042
lowest -€257,330 (2011)
€110,124▲ €112,516
peak €122,528 (2025)
€122,528▲ 888%
€754,694▲ 680×
peak 1 FTE (2009)
-not published
Board3 names since 2008
2 directorsPaparoti holding and 1 other
Owners2 names in the annual accounts
  
Documentsfilings and deeds
31-07-2026on the last day
2025abbreviated format
Gross margin from -€1,678 to €190,364Back to profit: €110,124Equity from €12,404 to €122,528Debts from €1,110 to €754,694

Key points

from the 2025 annual accounts

Equity

€122,528 ▲ 888%
€12,4002024€123,0002025

Equity rose in 2025 from €12,404 to €122,528.

Turnover

≈ €330,000 estimated

The accounts state no turnover.

Debts

€754,694 86% of the balance sheet
Financial debts 95%Suppliers 3%Taxes and wages 2%

Of this, €625,094 falls due within a year.

Liquidity

1.40 was 12.17 in 2024

Short-term debts rose from €1,110 to €625,094.

Filings

20 annual accounts since 2006
AprilJune31 JulyOctober2010201520202025

Six of the last ten came late. The 2020 accounts came latest: 88 days after the end of the period.

Checked score

90
Excellent
Financially stronger than 52% of micro companies in real estate (NACE 68)
Probability in this band: under 0.55%
Bankruptcy probability within 12 months
0.2% Very low
0%0.5%1.5%4%10%≥ 25%

The dashed line is the sector median: 0.2% across 26,625 companies (NACE 68, micro).

About 2 in 1,000 comparable companies go bankrupt within 12 months (an estimate).

Last 24 months 12-2024: 1.0% 01-2025: 1.0%● unchanged vs 12-2024 02-2025: 1.0%● unchanged vs 01-2025 03-2025: 1.0%● unchanged vs 02-2025 04-2025: 0.9%▼ -0.1 percentage points vs 03-2025 05-2025: 0.9%● unchanged vs 04-2025 06-2025: 0.9%● unchanged vs 05-2025 07-2025: 1.1%▲ +0.2 percentage points vs 06-2025 08-2025: 1.6%▲ +0.5 percentage points vs 07-2025 09-2025: 1.7%▲ +0.1 percentage points vs 08-2025 10-2025: 2.1%▲ +0.4 percentage points vs 09-2025highest value 11-2025: 1.4%▼ -0.7 percentage points vs 10-2025 12-2025: 1.4%● unchanged vs 11-2025 01-2026: 1.5%▲ +0.1 percentage points vs 12-2025 02-2026: 1.5%● unchanged vs 01-2026 03-2026: 1.5%● unchanged vs 02-2026 04-2026: 1.5%● unchanged vs 03-2026 05-2026: 1.5%● unchanged vs 04-2026 06-2026: 1.5%● unchanged vs 05-2026 07-2026: 1.6%▲ +0.1 percentage points vs 06-2026 08-2026: 0.2%▼ -1.4 percentage points vs 07-2026lowest value 09-2026: 0.2%● unchanged vs 08-2026lowest value 10-2026: 0.2%● unchanged vs 09-2026lowest value 11-2026: 0.2%● unchanged vs 10-2026lowest value

Financial strength
Weak

39-61equity 14.0% of total assets
24-76short-term debt 71.3% · cash 10.1%
69+69return on assets 12.6%

Score breakdown

raises risk
1 of the last 3 accounts late
Equity €122,528 (14.0% of total assets)
lowers risk
Size: total assets €877,222
Figures for financial year 2025 (filed on 08-08-2026)
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 68, micro). It does better than 35% of them on solvency, 19% on liquidity, 56% on profitability and 99% on growth.

The bankruptcy probability was computed on 08-11-2026 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.

The probability rests on the annual accounts with balance sheet date 31-12-2025.

Of the companies with a bankruptcy probability in the very low class on 30-06-2025, 0.1% went bankrupt within twelve months.

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).

Comparable companies, two years later

In July 2024, 2,613 companies had the same profile as CONDOMINIUM & PARTNERS has now. Each dot stands for 7 companies, two years later.

97.3%
were still trading
2.0%
stopped another way
0.7%
went bankrupt
  • Small
  • 20 years or older
  • solvency 10 to 30%
  • a profit of 5% of the balance sheet or more

That fits the bankruptcy probability of CONDOMINIUM & PARTNERS itself: 0.2% within 12 months.

Test of the method

The method was tested on the 497,447 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.

The companies in ten equal groups, from the lowest to the highest expected share
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 2,613 companies, not a prediction for CONDOMINIUM & PARTNERS. 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.

Credit verdict

Credit of up to €11,000 on 30-day terms is acceptable

Liquidity is tight, with a current ratio of 1.4 (12.17 in 2024), below the usual 1.5. Short-term debt is 71.3% and cash 10.1% of total assets. 86% of the assets are financed with debt and provisions.

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

Six signals.
lowers riskraises riskneutral
lowers risk · Size: total assets €877,222
Companies of this size fail less often. How much that weighs depends on the rest of the company's profile.
NBB · annual accounts
raises risk · 1 of the last 3 accounts late
NBB · filings
raises risk · Equity €122,528 (14.0% of total assets)
NBB · annual accounts
lowers risk · Figures for financial year 2025 (filed on 08-08-2026)
NBB · annual accounts
lowers risk · Growing equity
Reported equity is higher than in 2023 and did not fall compared with 2024. These amounts do not establish the cause of the change.
NBB · annual accounts 2025
Equity per financial year
1819202122232425
2018 to 2025 · latest year €122,528
neutral · Latest accounts filed on time
The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 31-07-2026, 0 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
on the day
2024
61 days late
2023
23 days early
2022
70 days late
2021
76 days late
2020
88 days late
2019
70 days late
← before the deadline after the deadline →
tick = median of all Belgian filingsring = median in the sector

The company filed its last 7 accounts on average 49 days after the deadline. In the sector (NACE 68), the median for financial year 2024 was 7 days before the deadline, and 36% 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. The company usually files around 30 September (4 of the last 5 accounts filed within 61 days either side of that date).
Companies Code · seven months
Where today falls in the filing period
09-11-2026 today31-12-2026 year end31-07-2027 deadline
neutral · No strike-offs in the KBO publications
That holds for every publication since 2021.
KBO publications

Board and ownership

PH
Director, STEVENS Rudolf Jan Florent, since 18-12-2024
VL
Director, Sven van Laere, since 18-12-2024
Board & ownership

Recent changes

Registered in the Peppol Directory Reachable for e-invoices through 0208:0875964735
Company renamed from BRICKS & C° to CONDOMINIUM & PARTNERS Resignation: STEVENS Rudolf Jan Florent (manager) · Appointments: PAPAROTI HOLDING (director) and VAN LAERE MANAGEMENT (director) · Permanent representatives: STEVENS Rudolf Jan Florent and Sven van Laere · General meeting of 18-12-2024 · Gazette deed
Capital decrease of €21,450 to €18,550 Capital from €40,000 to €18,550 · General meeting of 26-04-2019 · Gazette deed
First establishment Bricks & Co, Godefriduskaai 12, Antwerp
All 35 events

Comparable companies

same main activity, similar in size and age
Company
CONDOMINIUM & PARTNERS Antwerp €0.9m €190,364 14.0% -
PRESENT INDUSTRY Antwerp €0.9m €168,803 91.0% -
TIMOTHY FOUBERT Brasschaat €0.8m €212,758 74.2% -
Immobilière Frédéric MOUREAU Héron €0.8m €193,571 1.5% 4.5
Telesto Herent €0.9m €205,101 82.9% -
PH-PROMOTION Sint-Martens-Latem €1.0m €183,566 26.3% 0
MADO IMMO Sint-Gillis (bij-Brussel) €0.8m €215,496 50.3% -

These companies have the same main activity as CONDOMINIUM & PARTNERS: real estate agency activities (NACE 68310). They are comparable in size and age: total assets between €792,000 and €1m, founded between 2003 and 2007.

Official details

Source: KBO
Status
Active since 09-09-2005Normal situation
Registered office
47 active companies are registered at this address5 started in the 12 months before. Source: KBO register, as of 9 November 2026.
Activity
Real estate agency activitiesNACE 68310
Establishment unit
2.151.542.0532000 Antwerp, since 02-02-2006
Financial year end
31 December
Peppol
Reachable since 11-02-2026
Company details

Annual accounts 2025

€877,222▲ 65×
Filing
Filed on 31-07-2026, on the last day of the filing period
Financials

Insights on CONDOMINIUM & PARTNERS

CONDOMINIUM & PARTNERS files the abbreviated format. That format states no turnover. The gross margin rose from €7,223 in 2008 to €190,364 in 2025.

CONDOMINIUM II holds 69.94% of the shares.

Sources: KBO register, filings at the National Bank, Belgian Official Gazette. Click a figure with a dotted line for the item and the filing.

Key facts about CONDOMINIUM & PARTNERS

What is the company number of CONDOMINIUM & PARTNERS?
The company number of CONDOMINIUM & PARTNERS is 0875.964.735. The VAT number is the same number with BE in front: BE 0875.964.735.
Where is CONDOMINIUM & PARTNERS based?
The registered office is at Godefriduskaai 12, 2000 Antwerp.Company details
What does CONDOMINIUM & PARTNERS do?
According to the KBO register, the main activity is real estate agency activities (NACE 68310).
What is the legal form of CONDOMINIUM & PARTNERS?
CONDOMINIUM & PARTNERS is a private limited company (BV).
When was CONDOMINIUM & PARTNERS founded?
CONDOMINIUM & PARTNERS was founded on 09-09-2005.
Is CONDOMINIUM & PARTNERS still active?
Yes, CONDOMINIUM & PARTNERS is an active enterprise in the KBO register.
How many employees does CONDOMINIUM & PARTNERS have?
CONDOMINIUM & PARTNERS had an average of 0.7 full-time equivalents in financial year 2020, according to the filed annual accounts.Financials
What is the turnover of CONDOMINIUM & PARTNERS?
The turnover in financial year 2025 is ≈ €330,000. This figure is estimated from the gross margin of €190,364 and 32 comparable companies (NACE 68310). It probably lies between €270,000 and €510,000.
Is CONDOMINIUM & PARTNERS profitable?
In financial year 2025, CONDOMINIUM & PARTNERS made a profit of €110,124.
Where can I find the annual accounts of CONDOMINIUM & PARTNERS?
CONDOMINIUM & PARTNERS filed 20 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
When are the next annual accounts of CONDOMINIUM & PARTNERS due?
CONDOMINIUM & PARTNERS must file the annual accounts for financial year 2026 by 31-07-2027.Timeline

Next steps

See how customers, suppliers and banks see your own company and what to improve first.

Keep this company with today's facts in a case file.