CONDOR REAL ESTATE

Active

Private limited companyfounded 2015active for 11 yearsWolvertemsesteenweg 10, 1850 Grimbergen, BelgiumKBO/BCE: BE 0635.979.213

From the official registers: KBO 10 annual accounts at the National Bank publications in the Belgian Official Gazette

Summary

CONDOR REAL ESTATE has been active since 2015 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €3.2m and a net result of -€127,914. Equity is growing by about 15% per year across the filed financial years. The computed 12-month bankruptcy probability is below 0.1% (very low).

Risk analysisFollow Report Compare

CONDOR REAL ESTATEActiveChecked score 93/100

Risk analysis Report Compare

Official details

KBO

Status: Active since 02-09-2015 Normal situation
Legal form: Private limited company
Registered office: Wolvertemsesteenweg 10, 1850 Grimbergen
Activity: “Het aanleggen,het oordeelkundig beheer en het uitbreiden van een roerend en onroerend vermogen;” (deed in Dutch)From the articles, 8 activitiesNo NACE code in the KBO yet
Establishment unit: 2.245.586.127 3090 Overijse, since 02-09-2015
Financial year end: 31 December
Peppol: Reachable since 21-10-2025

Company details

Who decides

Board

DE ROOSDirector · since 01-09-2015 · permanent representative DE MERLIER Koen
YAMAGUCHIDirector · since 01-09-2015 · permanent representative BRANKAER Kobe Paula Maurice

Shareholders

Holdings: Shares in 3 companies including CAPINVEST and CONDOR DEVELOPMENT

Board & ownership

How it is doing

93 Excellent Checked score 2025

Bankruptcy probabilitywithin 12 months: < 0.1%

Annual accounts 2025

Gross margin: -€85,001
Loss: €127,914
Equity: €3.2m; ▼ 5.6%
Total assets: €5.5m; ▼ 3.3%

Turnover not published (abbreviated format)2025 accounts 50 days early

Filed on 11-06-2026at the National Bank

Financials

Why 93raises riskLoss of €127,914 (financial year 2025)lowers riskSize: total assets €5.5mFigures for financial year 2025 (filed 11-06-2026)Founded in 2015Show the evidence

Checked score

Score 2025

93 / 100

Excellent

Probability in this band: under 0.55%

Financially better than 45% of its sector peers (no NACE code, small)

Every signal that counts is listed under Signals.

Financial strength · tick = 2024

Average

Solvency 83-1

equity 57.5% of total assets

Liquidity 61-2

short-term debt 4.0% · cash 8.6%

Profitability 32-30

return on assets -2.3%

Bankruptcy probability, 12 months

< 0.1% Very low

0%0.5%1.5%4%10%≥ 25%

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

Last 24 months 11-2024: 0.1% 12-2024: 0.1%● unchanged vs 11-2024 01-2025: 0.1%● unchanged vs 12-2024 02-2025: 0.1%● unchanged vs 01-2025 03-2025: 0.1%● unchanged vs 02-2025 04-2025: 0.1%● unchanged vs 03-2025 05-2025: 0.2%▲ +0.1 percentage points vs 04-2025 06-2025: 0.2%● unchanged vs 05-2025highest value 07-2025: 0.1%▼ -0.1 percentage points vs 06-2025 08-2025: 0.1%● unchanged vs 07-2025 09-2025: 0.1%● unchanged vs 08-2025 10-2025: 0.1%● unchanged vs 09-2025 11-2025: 0.1%● unchanged vs 10-2025 12-2025: 0.1%● unchanged vs 11-2025 01-2026: < 0.1%▼ -0.1 percentage points vs 12-2025 02-2026: < 0.1%● unchanged vs 01-2026 03-2026: < 0.1%● unchanged vs 02-2026lowest value 04-2026: < 0.1%● unchanged vs 03-2026 05-2026: < 0.1%● unchanged vs 04-2026 06-2026: < 0.1%● unchanged vs 05-2026 07-2026: < 0.1%● unchanged vs 06-2026 08-2026: 0.1%▲ +0.1 percentage points vs 07-2026 09-2026: 0.1%● unchanged vs 08-2026 10-2026: < 0.1%▼ -0.1 percentage points vs 09-2026

Credit of up to €290,000 on 30-day terms is acceptable

Liquidity ample (current ratio 22.76, compared with 62.79 in 2024, above the usual 1.5; short-term debt: 4% and cash: 8.6% of total assets), and 42.5% of the assets are financed with debt and provisions.

How it is calculated

The band follows from the bankruptcy probability, on a scale where 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 (no NACE code, small): better than 51% on solvency, 83% on liquidity, 22% on profitability and 22% on growth.

The bankruptcy probability was computed on 31-10-2026 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.

Some facts cap the score, however low the probability. Negative or zero equity, a heavy loss, a special status in the KBO, one missing filing or accounts filed more than 90 days late hold it at Fair at most (59); two missing filings, at Weak (44). An ongoing judicial reorganisation or the company's end (bankruptcy, dissolution, liquidation) holds it at Critical at most (24).

Credit check for your own amount and term

Show the recommended maximum and see how the verdict changes with amount, term and advance.

Signals

Five signals.

lowers riskraises riskneutral

Size: total assets €5.5m

Companies of this size fail less often; how much that weighs depends on the rest of its profile.

NBB · annual accounts

Figures for financial year 2025 (filed 11-06-2026)

NBB · annual accounts

Loss of €127,914 (financial year 2025)

NBB · annual accounts

Founded in 2015

Companies that have existed this long fail less often; how much that weighs depends on the rest of its profile.

KBO

Latest accounts filed on time

The financial year that closed on 31-12-2025 was due by 31-07-2026 and was filed on 11-06-2026, 50 days ahead of the deadline.

NBB · 10 filings

Deviation from the deadline

2025

50 days early

2024

49 days early

2023

49 days early

2022

35 days early

2021

60 days early

2020

38 days early

2019

42 days early

← before the deadline after the deadline →

tick = median of all Belgian filings

This company filed its last 7 accounts on average 46 days before the deadline; the Belgian median for financial year 2024 is 4 days before the deadline, and 38% of all filings were late.

Searched, nothing found (2)

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 12 June (5 of the last 5 filed years within 30 days of that day).

Companies Code · seven months

Where today falls in the filing period

01-11-2026 today31-12-2026 year end31-07-2027 deadline

No strike-offs in the KBO publications

Searched since 2021.

KBO publications · our coverage

Key points

Caution: From profit to loss in 2025after €551,527 in 2024 -€127,914 View
Positive: Filed on time since financial year 2018accounts within the deadline every year 8 years View

Documents

Key facts about CONDOR REAL ESTATE

What is the company number of CONDOR REAL ESTATE?: 0635.979.213. In Belgium the VAT number is the company number with BE in front: BE 0635.979.213.
Where is CONDOR REAL ESTATE based?: The registered office is at Wolvertemsesteenweg 10, 1850 Grimbergen.Company details
What is the legal form of CONDOR REAL ESTATE?: Private limited company (BV).
When was CONDOR REAL ESTATE founded?: On 02-09-2015.
Is CONDOR REAL ESTATE still active?: Yes, CONDOR REAL ESTATE is an active enterprise in the KBO register.
What is the turnover of CONDOR REAL ESTATE?: The annual accounts for financial year 2025 state no turnover: the abbreviated format does not require it.Financials
Is CONDOR REAL ESTATE profitable?: In financial year 2025, CONDOR REAL ESTATE made a loss of €127,914.
Where can I find the annual accounts of CONDOR REAL ESTATE?: CONDOR REAL ESTATE filed 10 annual accounts with the National Bank of Belgium, the latest for financial year 2025.Annual accounts at the National Bank
When are the next annual accounts of CONDOR REAL ESTATE due?: By 31-07-2027, for financial year 2026.Timeline