CONDOR SAFETY
ActiveSummary
CONDOR SAFETY has been active since 2008 and the Belgian Official Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €869,475 and a net result of €40,190. Equity has been growing by about 12% per year since 2019. Its solvency ranks better than 39% of 12,775 sector peers (NACE 47, financial year 2025). The computed 12-month bankruptcy probability is 0.6% (low).
Overview
Official details
Source: KBO- Status
- Active since 16-05-2008 Normal situation
- Activity
- Retail sale of clothing and accessories for women, men, children and babies (general range) NACE 47716and 1 other
- Joint committee
- 215 Paritair Comité voor de bedienden van het kleding- en confectiebedrijf · annual accounts 31-05-2025
- Establishment unit
- 2.171.437.842 8930 Menen, since 16-05-2008
- Financial year end
- 31 May
- Peppol
- Reachable since 12-11-2025
Board and ownership
Financial position
- Bankruptcy probabilitywithin 12 months
- 0.6%
- Gross margin
- €1.1m
- ▲ 4.3%
- Turnover
- ≈ €2.9m
- estimated
- Profit
- €40,190
- ▼ 24.0%
- Equity
- €869,475
- ▼ 1.1%
- Total assets
- €3.3m
- ▲ 3.5%
- Employees on 31-05-2025
- 14
- =
Score breakdownraises riskSize: 11.1 FTE, total assets €3.3mLiquidity: current ratio 1.34, cash €223,586Sector: Retail trade (NACE 47)lowers riskFounded in 2008Show the evidence
Checked score
About 6 in 1,000 comparable companies go bankrupt within 12 months (an estimate).
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 47, small). It does better than 45% of them on solvency, 24% on liquidity, 37% on profitability and 32% on growth.
The bankruptcy probability was computed on 02-11-2026 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.
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).
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The scores and ratios are Checked's own calculations, not a credit decision.
Signals
The company filed its last 7 accounts on average 15 days before the deadline. In the sector (NACE 47), the median for financial year 2024 was on the deadline day, and 47% of those companies filed late.
Searched, nothing found (2)
Key points
Recent changes
- · Gazette deed Appointment: COMMV Valerie Neyrinck (director)Permanent representative: NEYRINCK Valerie
- · Gazette deed Capital & shares · Legal-form change
- · Gazette deed Resignations: Patsy Verplancke (director) and Wouter Verplancke (director)Appointments: Verplancke Patsy CommV (director) and Verplancke Wouter CommV (director) · Permanent representatives: Patsy Verplancke and Wouter Verplancke
Comparable companies
These companies have the same main activity as CONDOR SAFETY: retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716). They are comparable in size and age: total assets between €2.6m and €3.9m, founded between 2004 and 2014.
| Company | Total assets | Gross margin |
|---|---|---|
| CONDOR SAFETY Menen | €3.3m | €1.1m |
| HYPE Menen | €2.6m | €0.6m |
| RUSSELLSTORE Knokke-Heist | €3.9m | €1.6m |
| CALLISTO Nieuwpoort | €3.5m | €1.0m |
| VERBRIGGHE Izegem | €2.8m | €0.7m |
| MUST HAVE DONNA Knokke-Heist | €3.6m | €1.1m |
| LES BOURGEOISES Ukkel | €3.9m | €1.0m |
Key facts about CONDOR SAFETY
- What is the company number of CONDOR SAFETY?
- The company number of CONDOR SAFETY is 0898.060.741. The VAT number is the same number with BE in front: BE 0898.060.741.
- Where is CONDOR SAFETY based?
- The registered office is at Krommebeekstraat 44, 8930 Menen.Company details
- What does CONDOR SAFETY do?
- According to the KBO register, the main activity is retail sale of clothing and accessories for women, men, children and babies (general range) (NACE 47716).
- What is the legal form of CONDOR SAFETY?
- The legal form of CONDOR SAFETY is Private limited company (BV).
- When was CONDOR SAFETY founded?
- CONDOR SAFETY was founded on 16-05-2008.
- Is CONDOR SAFETY still active?
- Yes, CONDOR SAFETY is an active enterprise in the KBO register.
- How many employees does CONDOR SAFETY have?
- CONDOR SAFETY had an average of 11.1 full-time equivalents in financial year 2025, according to the filed annual accounts.Financials
- Which joint committee does CONDOR SAFETY fall under?
- In its 31-05-2025 annual accounts, CONDOR SAFETY states joint committee 215 (Paritair Comité voor de bedienden van het kleding- en confectiebedrijf).
- What is the turnover of CONDOR SAFETY?
- The turnover in financial year 2025 is ≈ €2.9m. This figure is estimated from the gross margin of €1.1m and 30 comparable companies (NACE 477). It probably lies between €2.2m and €4.2m.
- Is CONDOR SAFETY profitable?
- In financial year 2025, CONDOR SAFETY made a profit of €40,190.
- Where can I find the annual accounts of CONDOR SAFETY?
- CONDOR SAFETY filed 16 annual accounts with the National Bank of Belgium, the latest for financial year 2025.
- When are the next annual accounts of CONDOR SAFETY due?
- CONDOR SAFETY must file the annual accounts for financial year 2026 by 31-12-2026.Timeline
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