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Condor

Active
Private limited companyfounded 201511 yrs activeJan Van Rijswijcklaan 162, 2020 Antwerpen, BelgiumKBO/BCE: BE 0568.718.423
Summary

Condor has been active since 2015 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of €145,752. Equity is shrinking by ~8% per year across the filed fiscal years. The computed 12-month bankruptcy probability is 0.8% (low).

Checked score

Score 2025
Axes · tick = 2024
Profitability49▼-51
Solvency100=
Growth32▼-26
Track record100
Bankruptcy probability, 12 months
0.8% Low
0%0.5%1.5%4%10%≥ 25%
Credit up to €220,000 at 30 days acceptable
short-term debt: 0% and cash: 7.2% of total assets, and 0% of the assets are financed with debt.
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Signals

Four signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
raises risk · No NACE activity registered
No NACE activity is registered in the KBO, which is more common among companies that later fail.
KBO · activities
lowers risk · Annual accounts: healthy financial profile
The latest annual accounts show a healthy profile in solvency, result and liquidity.
NBB · annual accounts 2025
Solvency, return and age of the figures
Solvency
100%
Return on assets
4.5%
Age of the figures
9 mo
lowers risk · Long track record
A company with a long track record statistically fails less often than a young one.
KBO · incorporation date
Age against the risk zone
highest failure risk from 2 to 8 years 11 years 0 20 y
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 03-07-2026, 28 days ahead of the deadline.
NBB · 10 filings
Deviation from the deadline
2025
28 d early
2024
86 d early
2023
23 d early
2022
31 d early
2021
52 d early
2020
53 d early
2019
57 d early
← before the deadline after the deadline →
tick = median of all Belgian filings

This company filed its last 7 accounts on average 47 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

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. Usually files around 30 June (4 of the last 5 filed years within 30 days of that day).
Companies Code · seven months
Position in the running window
30-09-2026 today31-12-2026 close31-07-2027 deadline
neutral · No strike-offs in the KBO publications
We found no ex-officio strike-off or cessation. Our series starts in 2021 and has gaps, so this is not a confirmation that there is nothing.
KBO publications · our coverage

History

On 14 January 2015, Condor was incorporated.1 Total assets went from EUR 5.7 million in 2018 to EUR 3.2 million in 2025.2

  1. 1Crossroads Bank for Enterprises
  2. 2National Bank, annual accounts 2018 and 2025

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Financials · fiscal year 2025, abbreviated schema

Equity
€3.2m=
2024 · €3.2m
Total assets
€3.2m▼ 0.2%
2024 · €3.2m
Net result
€145,752▼ 82.2%
2024 · €820,927
Working capital
€241,617▲ 0.6%
2024 · €240,074
Trend over the years
In euros
In full-time equivalents (FTE)
In euros
No line ticked in this group.
In full-time equivalents (FTE)
No line ticked in this group.

Untick a line to hide it. Point at a year (or use the arrow keys on the chart) for the exact figures; the table below gives them all.

Every figure with its change against the fiscal year before
favourable unfavourable
Line20212022202320242025
Operating result-€56,292▼ 756%-€107,776▼ 91.5%-€124,829▼ 15.8%-€131,017▼ 5.0%-€7,886▲ 94.0%
Net result€1.2m▲ 510%€911,126▼ 23.9%€424,444▼ 53.4%€820,927▲ 93.4%€145,752▼ 82.2%
Equity€4.7m▼ 3.1%€4.9m▲ 4.3%€3.8m▼ 22.1%€3.2m▼ 14.5%€3.2m=
Total assets€4.7m▼ 3.0%€4.9m▲ 4.3%€3.8m▼ 22.3%€3.2m▼ 14.3%€3.2m▼ 0.2%
Debt€10,896▲ 58.5%€14,164▲ 30.0%€2,335▼ 83.5%€8,726▲ 274%€998▼ 88.6%
Working capital€804,853▲ 35.7%€525,564▼ 34.7%€788,588▲ 50.0%€240,074▼ 69.6%€241,617▲ 0.6%
Staff (FTE)000
Turnover and EBIT margin not published: the abbreviated schema does not require them.
Result per fiscal year
Operating resultNet result
-€500,000€0€500,000€1.0mOperating result 2021: -€56,292-€56,292Net result 2021: €1.2m€1.2mOperating result 2022: -€107,776-€107,776Net result 2022: €911,126€911,126Operating result 2023: -€124,829-€124,829Net result 2023: €424,444€424,444Operating result 2024: -€131,017-€131,017Net result 2024: €820,927€820,927Operating result 2025: -€7,886-€7,886Net result 2025: €145,752€145,75220212022202320242025-€250,000€0€250,000€500,000€750,000Operating result 2023: -€124,829-€125,000Net result 2023: €424,444€424,000Operating result 2024: -€131,017-€131,000Net result 2024: €820,927€821,000Operating result 2025: -€7,886-€7,890Net result 2025: €145,752€146,000202320242025
The operating result stays negative: a loss of €7,886 in 2025 against €131,017 in 2024; the loss shrinks.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €3.2m
Fixed assets €3.0m =
Current assets €241,617 ▼ 2.9%
Equity and liabilities €3.2m
Equity €3.2m =
Debt €998 ▼ 88.6%
Debt's share of the balance-sheet total falls from 0.3% to 0.0%. Debt is lower.
Key figures and ratios
2025 value · change against 2024
Debt to equity
0.00▼
2024 · 0.00
ROE
4.5%▼
2024 · 25.4%
ROA
4.5%▼
2024 · 25.3%
Debt ≤ 1 year
€0▼
2024 · €8,726
Green means a favourable move, even when the figure itself falls: as with debt or debt to equity.
Annual accounts
Filed annual accounts As filed with the NBB · 2025 against 2024 · 35 lines
Balance sheet Code20242025
Assets
Total assets20/58€3.2m€3.2m▼
Fixed assets21/28€3.0m€3.0m=
Financial fixed assets28€3.0m€3.0m=
Current assets29/58€248,800€241,617▼
Amounts receivable within one year40/41€4,853€5,763▲
Other amounts receivable41€4,853€5,763▲
Cash at bank and in hand54/58€241,920€233,826▼
Deferred charges and accrued income490/1€2,028€2,028=
Equity and liabilities
Total equity and liabilities10/49€3.2m€3.2m▼
Equity10/15€3.2m€3.2m=
Contributions10/11€1.3m€1.2m▼
Reserves13€1,937€1,937=
Distributable reserves133€1,937€1,937=
Profit (loss) carried forward14€1.9m€2.0m▲
Amounts payable17/49€8,726€998▼
Amounts payable within one year42/48€8,726€0▼
Trade debts44€7,726€0▼
Suppliers440/4€7,726€0▼
Other amounts payable47/48€1,000€0▼
Accrued charges and deferred income492/3-€998
Income statement Code20242025
Other operating charges640/8€110,273€1,118▼
Gross operating margin9900-€20,743-€6,768▲
Operating profit (loss)9901-€131,017-€7,886▲
Financial income75/76B€952,769€154,330▼
Recurring financial income75€952,769€154,330▼
Financial charges65/66B€825€692▼
Recurring financial charges65€825€692▼
Profit (loss) for the period before taxes9903€820,927€145,752▼
Profit (loss) for the period9904€820,927€145,752▼
Profit (loss) for the period to be appropriated9905€820,927€145,752▼
Appropriation of the result
Profit (loss) to be appropriated9906€3.2m€2.1m▼
Profit (loss) brought forward from the previous period14P€2.3m€1.9m▼
Profit to be distributed694/7€1.2m€87,618▼
Return on contributions (dividend)694€1.2m€87,618▼
Social balance
Average headcount (FTE)90870.00.0=

The notes to these accounts (4 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.

Line20212022202320242025Change
Other operating charges640/8€52,830€102,696€101,457€110,273€1,118▼ 99.0%
Gross operating margin9900-€3,462-€5,080-€23,373-€20,743-€6,768▲ 67.4%
Operating profit (loss)9901-€56,292-€107,776-€124,829-€131,017-€7,886▲ 94.0%
Financial income75/76B€1.3m€1.0m€597,888€952,769€154,330▼ 83.8%
Recurring financial income75€1.3m€1.0m€597,888€952,769€154,330▼ 83.8%
Financial charges65/66B€7,323€900€48,614€825€692▼ 16.2%
Recurring financial charges65€7,323€900€48,614€825€692▼ 16.2%
Profit (loss) for the period before taxes9903€1.2m€911,126€424,444€820,927€145,752▼ 82.2%
Profit (loss) for the period9904€1.2m€911,126€424,444€820,927€145,752▼ 82.2%
Profit (loss) for the period to be appropriated9905€1.2m€911,126€424,444€820,927€145,752▼ 82.2%
Line20212022202320242025Change
Assets
Total assets20/58€4.7m€4.9m€3.8m€3.2m€3.2m▼ 0.2%
Fixed assets21/28€3.9m€4.3m€3.0m€3.0m€3.0m=
Financial fixed assets28€3.9m€4.3m€3.0m€3.0m€3.0m=
Current assets29/58€815,750€539,728€790,924€248,800€241,617▼ 2.9%
Amounts receivable within one year40/41--€213€4,853€5,763▲ 18.8%
Other amounts receivable41--€213€4,853€5,763▲ 18.8%
Cash at bank and in hand54/58€815,750€539,728€788,682€241,920€233,826▼ 3.3%
Deferred charges and accrued income490/1--€2,030€2,028€2,028=
Equity and liabilities
Total equity and liabilities10/49€4.7m€4.9m€3.8m€3.2m€3.2m▼ 0.2%
Equity10/15€4.7m€4.9m€3.8m€3.2m€3.2m=
Contributions10/11€2.8m€2.1m€1.4m€1.3m€1.2m▼ 4.5%
Reserves13€1,937€1,937€1,937€1,937€1,937=
Non-distributable reserves130/1€1,937€1,937€0---
Reserves not available under the articles1311€1,937€1,937€0---
Distributable reserves133--€1,937€1,937€1,937=
Profit (loss) carried forward14€1.9m€2.8m€2.3m€1.9m€2.0m▲ 3.0%
Amounts payable17/49€10,896€14,164€2,335€8,726€998▼ 88.6%
Amounts payable within one year42/48€10,896€14,164€2,335€8,726€0▼ 100%
Trade debts44€612€1,514€1,616€7,726€0▼ 100%
Suppliers440/4€612€1,514€1,616€7,726€0▼ 100%
Other amounts payable47/48€10,284€12,651€719€1,000€0▼ 100%
Accrued charges and deferred income492/3----€998-
Line20212022202320242025Change
Profit (loss) for the period9904€1.2m€911,126€424,444€820,927€145,752▼ 82.2%
Operating cash flow (approximation)€1.2m€911,126€424,444€820,927€145,752▼ 82.2%
Investment in fixed assets (approximation)--€478,899€1.3m€0€0-
Change in cash--€276,022€248,954-€546,762-€8,093▲ 98.5%

Simplified and derived: a Belgian filing has no cash-flow statement, so these rows come from the income statement and the balance-sheet moves.

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Timeline · acts, filings and financial milestones

Next filing, fiscal year 2026, expected by 31-07-2027
2026
21-09
State Gazette act Resignations & appointments
03-07
NBB filing Annual accounts filed
fiscal year 2025 · abbreviated schema
2025
31-12
Financial Weakest financial yearnet €145,752 ▼82.2%
Net result drops to €145,752, the lowest in the series.
06-05
NBB filing Annual accounts filed
fiscal year 2024 · abbreviated schema
2024
08-07
NBB filing Annual accounts filed
fiscal year 2023 · abbreviated schema
2023
31-12
Financial Liquidity times 9current ratio 338.66
Current ratio from 38.11 to 338.66; short-term debt falls from €14,164 to €2,335.
30-06
NBB filing Annual accounts filed
fiscal year 2022 · abbreviated schema
2022
09-06
NBB filing Annual accounts filed
fiscal year 2021 · abbreviated schema
2021
31-12
Financial Highest result since 2018net €1.2m ▲510%
Net result €1.2m, the highest in the series.
08-06
NBB filing Annual accounts filed
fiscal year 2020 · abbreviated schema
2020
04-06
NBB filing Annual accounts filed
fiscal year 2019 · abbreviated schema
2019
31-12
Financial Liquidity times 6current ratio 174.29
Current ratio from 30.98 to 174.29; short-term debt falls from €37,109 to €3,607.
Show earlier events
30-08
NBB filing Annual accounts filed
fiscal year 2018 · abbreviated schema · 30 days late
2018
31-08
NBB filing Annual accounts filed
fiscal year 2017 · abbreviated schema · 31 days late
2017
29-08
NBB filing Annual accounts filed
fiscal year 2016 · micro schema · 29 days late
Financial milestoneState Gazette actNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
1 of 7 acts read
About the unread acts

Of the 7 Belgian State Gazette acts we know for this company, 1 has been read. The other 6 have not been read yet: what they contain is neither established nor disproved here.

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Directors · office · real estate

Directors
7 acts for this company are in the Belgian State Gazette, of which we have read 1. We have therefore not extracted its directors from those acts yet.
Location & real-estate footprint
Registered office, Antwerpen · 1 establishment unit since 2015
seat establishment The establishment unit on the map
Ground area
8,232 m²
Building footprint
496 m²
Volume, LiDAR
18,600 m³
Parcel 11809I2170/00R010, Flanders · tallest building 59.6 m, ±17 floors. Linked by address, not a title deed.
137 companies at this address See who is registered here
1 establishment unit
Condor
Jan Van Rijswijcklaan 162, 2020 AntwerpenComputing infrastructure, data processing, hosting and other information service activities
since 20152.239.168.784
1 parcel
Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
11809I2170/00R010
ProtectedMonumentBP-buildingSource ↗
Flanders 8,232 m² 1 · 496 m² 59.6 m · 17 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.
1 of these parcels carry protected heritage: expect extra rules on renovation or sale.

Structure & network

Owners and holdings

2 holdings

Owners 0

The accounts to 31-12-2025 list no shareholders, and no other source names one.

Holdings 2

  • Promotora Condor Ecuador Procondor SAECsubsidiary
    Equity USD 363,540
    99.88%+ 0% via subsidiaries
  • Ciudad MilleniumECsubsidiary
    Equity USD 3.9mResult USD 71,344
    95%+ 0% via subsidiaries

According to the 2025 annual accounts of Condor and those of the other companies, the acts in the Belgian Gazette and the LEI register. The register of ultimate beneficial owners (UBO) is not public: who ultimately stands behind a natural person or a foreign parent is not stated here. A company that does not fill in these statements, or need not, is missing.

Connections & network

No current directors or connected companies found in the register.

Identification & contact

Identification
Legal formPrivate limited company
Founded14-01-2015
Fiscal year end31-12
E-invoicing
Reachable via Peppol
Peppol ID 0208:0568718423
Also 9925:BE0568718423
Registered 02-04-2025

If you follow this company, Checked tells you the day it leaves the Peppol register.

Register as of 30 September 2026 · Peppol Directory

Scores and ratios are computed by Checked and are not a credit decision.