CONDOR I & S
ActiveCONDOR I & S has been active since 2002 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €127k and a net result of €8k. Equity is shrinking by ~4.6% per year across the filed fiscal years. Its solvency ranks better than 83% of 13935 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.2% (very low).
Checked score
Score 2025
81
/ 100
Excellent
The score weighs solvency, liquidity and profitability. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability50▲+2
Solvency100=
Growth32=
Track record100
Bankruptcy probability, 12 months
0.2%
Very low
0%0.5%1.5%4%10%≥ 25%
Credit up to €10k at 30 days acceptable
Liquidity ample (current ratio 4.09 against 11.08 in 2024; short-term debt: 23.2% and cash: 27.3% of total assets), and 23.2% of the assets are financed with debt.
Credit advice for your own amount and term
Signals
Six signals. The signal on the left, the evidence on the right.
−lowers risk○neutral
lowers risk · Lower-failure-rate sector
In this sector companies fail less often than the Belgian average.
Gazette · bankruptcies per sector, NACE 68
Relative position
BE, all sectors
reference
Sector 68
lower
← fewer bankruptcies
more bankruptcies →
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
76.8%
Return on assets
5.1%
Age of the figures
9 mo
neutral · A punctual record breaks
This company filed 8 consecutive financial years on time. The year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 12-08-2026, 12 days late. Weigh it accordingly: a break into the 1-to-90-day band measures 1.41% abnormal legal state, below the 1.66% market average. It is a change in behaviour, not evidence of elevated risk.
NBB · 10 filingsDeviation from the deadline
2025
12 d late
2024
28 d early
2023
2 d early
2022
52 d early
2021
139 d early
2020
31 d early
2019
1 d early
← before the deadline
after the deadline →
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
17-09-2026 today31-12-2026 close31-07-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€127k▼ 29.6%
2024 · €180k
2018: €193k
2019: €234k
2020: €209k
2021: €309k
2022: €295k
2023: €230k
2024: €180k
2018 → 2025
Total assets
€165k▼ 14.6%
2024 · €194k
2018: €266k
2019: €285k
2020: €252k
2021: €396k
2022: €323k
2023: €252k
2024: €194k
2018 → 2025
Net result
€8k
2024 · €-531
2018: €51k
2019: €43k
2020: €-25k
2021: €101k
2022: €-1k
2023: €-22k
2024: €-531
2018 → 2025
Working capital
€119k▼ 11.1%
2024 · €134k
2018: €178k
2019: €219k
2020: €181k
2021: €269k
2022: €253k
2023: €188k
2024: €134k
2018 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line20212022202320242025Trend
Equity€309k-€295k▼ 4.5%€230k▼ 22.1%€180k▼ 21.6%€127k▼ 29.6%
Operating result€139k-€-70€-21k▼ 29,782%€2k€8k▲ 424%
Net result€101k-€-1k€-22k▼ 1,925%€-531▲ 97.5%€8k
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
After the dip in 2023 the operating result has climbed two years in a row; 2025 is 424% above 2024.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €165k
Fixed assets
€8k▼ 82.6%
Current assets
€157k▲ 7.0%
Equity and liabilities €165k
Equity
€127k▼ 29.6%
Debt
€38k▲ 189%
The debt ratio rises from 6.9% to 23.2%. Equity is lower and debt is higher.
Key figures and ratios
EBITDA
€12k▲
2024 · €6k
Cash flow
€12k▲
2024 · €4k
Solvency
76.8%▼
2024 · 93.1%
Current ratio
4.09▼
2024 · 11.08
Quick ratio
4.09▼
2024 · 11.08
Debt / equity
0.30▲
2024 · 0.07
ROE
6.7%▲
2024 · -0.3%
ROA
5.1%▲
2024 · -0.3%
Debt
€38k▲
2024 · €13k
Debt ≤ 1 year
€38k▲
2024 · €13k
Green means a favourable move, even when the figure itself falls: as with debt or debt / equity.
Filed annual accounts
As filed with the NBB · 2025 against 2024
Balance sheet
Code20242025
Assets
Total assets20/58€194k€165k▼
Fixed assets21/28€47k€8k▼
Tangible fixed assets22/27€8k€8k▼
Land and buildings22€690€282▼
Plant, machinery and equipment23€6k€5k▼
Furniture and vehicles24€1k€3k▲
Financial fixed assets28€38k-
Current assets29/58€147k€157k▲
Amounts receivable after more than one year29€39k-
Trade receivables290€39k-
Amounts receivable within one year40/41€30k€20k▼
Trade receivables40€23k€20k▼
Other amounts receivable41€6k€27▼
Current investments50/53€47k€92k▲
Cash at bank and in hand54/58€29k€45k▲
Deferred charges and accrued income490/1€3k-
Equity and liabilities
Total equity and liabilities10/49€194k€165k▼
Equity10/15€180k€127k▼
Contributions10/11€19k€19k=
Reserves13€184k€144k▼
Non-distributable reserves130/1€2k€2k=
Reserves not available under the articles1311€2k€2k=
Distributable reserves133€182k€142k▼
Profit (loss) carried forward14€-22k€-35k▼
Amounts payable17/49€13k€38k▲
Amounts payable within one year42/48€13k€38k▲
Financial debts43€279€80▼
Credit institutions430/8€279€80▼
Trade debts44€5k€5k▼
Suppliers440/4€5k€5k▼
Taxes, remuneration and social security45€7k€13k▲
Taxes450/3€1k€13k▲
Remuneration and social security454/9€6k-
Other amounts payable47/48€462€21k▲
Income statement
Code20242025
Non-recurring operating income76A€10k-
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€4k€3k▼
Other operating charges640/8€2k€4k▲
Gross operating margin9900€8k€16k▲
Operating profit (loss)9901€2k€8k▲
Financial income75/76B€148-
Recurring financial income75€148-
Financial charges65/66B€2k-
Recurring financial charges65€2k-
Profit (loss) for the period before taxes9903€159€8k▲
Income taxes67/77€690-
Profit (loss) for the period9904€-531€8k▲
Profit (loss) for the period to be appropriated9905€-531€8k▲
Appropriation of the result
Profit (loss) to be appropriated9906€-22k€-75k▼
Profit (loss) brought forward from the previous period14P€-22k€-84k▼
Transfer from equity791/2€49k€40k▼
Profit to be distributed694/7€49k-
Return on contributions (dividend)694€49k-
The notes to these accounts (6 items: statements of assets and debts, cost breakdowns, rights and commitments) are not shown here.
Timeline · acts, filings and financial milestones
Next filing, fiscal year 2026, expected by
2026
12-08
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema · 12 days late
2025
31-12
Financial
Back to profitnet €8k
Net result €8k after 3 loss-making years.
03-07
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
29-07
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
09-06
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
2022
31-12
Financial
Liquidity doublescurrent ratio 10.11
Current ratio from 4.09 to 10.11; short-term debt falls from €87k to €28k.
14-03
NBB filing
Annual accounts filed
fiscal year 2021 · micro schema
2021
31-12
Financial
Back to profitnet €101k
Net result €101k after one loss-making year.
30-06
NBB filing
Annual accounts filed
fiscal year 2020 · micro schema
2020
31-12
Financial
Weakest financial yearnet €-25k ▼159%
Net result drops to €-25k, the lowest in the series; recovery starts the following year.
30-07
NBB filing
Annual accounts filed
fiscal year 2019 · micro schema
2019
31-12
Financial
Equity above €200kEq €234k ▲21.8%
2 profitable years in a row build equity to €234k.
19-07
NBB filing
Annual accounts filed
fiscal year 2018 · micro schema
2018
17-07
NBB filing
Annual accounts filed
fiscal year 2017 · micro schema
2017
31-08
NBB filing
Annual accounts filed
fiscal year 2016 · micro schema · 31 days late
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
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, Willebroek · 1 establishment unit since 2003
Cannot be placed on the map
This address could not be matched to a point in the Belgian address register (BOSA BEST). The address below comes straight from the Crossroads Bank.
Veertienbunderslaan 272830 WillebroekGround area
741 m²
Building footprint
293 m²
Volume, LiDAR
1,385 m³
2 parcels, Flanders · tallest building 9.4 m, ±2 floors. Linked by address, not a title deed.
1 establishment unit
Nuffelstraat(HEF) 20, 2801 Mechelen
since 20032.123.029.991
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 12004B0056/00E002 | Flanders | 575 m² | 1 · 84 m² | 9.4 m · 2 fl. |
| 12012B0255/00N000 | Flanders | 166 m² | 1 · 209 m² | 6.4 m · 1 fl. |
Linked by address, not proof of ownership
Methodology
via registered seat: 1 · via establishment units: 1
2 of 2 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.
Public money · subsidies and aid
Flemish government
2024 to 2025 · 2 entries · 936 EUR awarded · 936 EUR paid| Year | Entries | awarded | paid |
|---|---|---|---|
| 2025 | 1 | 381 EUR | 381 EUR |
| 2024 | 1 | 555 EUR | 555 EUR |
Schemes
Subsidie voor opleiding en advies voor kmo's en zelfstandigen (kmo-portefeuille)
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Of 11,751 companies in sector 68310 we hold annual accounts for 6,908. 5,243 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded27-12-2002
Fiscal year end31-12
Activities, NACEBEL
68310Real estate agency activities
68311Real estate activities
70311
71121Engineering and related technical consultancy, excluding land surveyors
74203
Sources
Crossroads Bank for EnterprisesNational Bank · 23 filingsAddress and cadastre registers
Data from official sources, last processed on 17-09-2026. Scores and ratios are computed by Checked and are not a credit decision.