CONDOR STAR
ActiveThe computed 12-month bankruptcy probability of CONDOR STAR is 1.9% (moderate). The 2025 annual accounts show equity of €14k and a net result of €2k. Equity is growing by ~17.9% per year across the filed fiscal years. Its solvency ranks better than 95% of 7391 sector peers (fiscal year 2025). The company has been active since 2021 and the Belgian State Gazette contains no insolvency or warning signals.
Checked score
Score 2025
77
/ 100
Excellent
The score weighs solvency, liquidity, profitability and financial development. Bankruptcy probability contributes 35%. Every signal that weighs is under Signals.
Axes · tick = 2024
Profitability83▼-2
Solvency100=
Growth52=
Track record94
Bankruptcy probability, 12 months
1.9%
Moderate
0%0.5%1.5%4%10%≥ 25%
Credit up to €1k at 30 days acceptable
Liquidity ample (current ratio 19.89 against 8.04 in 2024; short-term debt: 4.9% and cash: 23.9% of total assets), and 4.9% 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+raises risk○neutral
raises risk · Limited track record
This company has not been active as long as an established one and statistically fails somewhat more often.
KBO · incorporation dateAge against the risk zone
raises risk · Higher-failure-rate sector
In this sector companies fail more often than the Belgian average.
Gazette · bankruptcies per sector, NACE 41
Relative position
BE, all sectors
reference
Sector 41
higher
← fewer bankruptcies
more bankruptcies →
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
95.1%
Return on assets
11.7%
Age of the figures
12 mo
neutral · Latest accounts filed on time
The financial year that closed on 30-09-2025 was due by 30-04-2026 and was filed on 04-03-2026, 57 days ahead of the deadline.
NBB · 4 filingsDeviation from the deadline
2025
57 d early
2024
56 d early
2023
36 d early
2022
34 d early
← before the deadline
after the deadline →
neutral · The next deadline is still running
The next financial year closes on 30-09-2026 and is due by 30-04-2027. Nothing is late today.
Companies Code · seven monthsPosition in the running window
19-09-2026 today30-09-2026 close30-04-2027 deadline
Financials · fiscal year 2025, micro schema
Equity
€14k▲ 14.0%
2024 · €12k
2022: €7k
2023: €10k
2024: €12k
2022 → 2025
Total assets
€15k▲ 6.3%
2024 · €14k
2022: €14k
2023: €11k
2024: €14k
2022 → 2025
Net result
€2k▼ 6.6%
2024 · €2k
2022: €2k
2023: €3k
2024: €2k
2022 → 2025
Working capital
€14k▲ 22.9%
2024 · €11k
2022: €7k
2023: €8k
2024: €11k
2022 → 2025
Multi-year overview
Every figure with its change against the year before
▲ rise
▼ fall
Line2022202320242025Trend
Equity€7k-€10k▲ 41.8%€12k▲ 17.7%€14k▲ 14.0%
Operating result€3k-€4k▲ 34.2%€3k▼ 33.2%€3k▼ 0.6%
Net result€2k-€3k▲ 31.0%€2k▼ 40.0%€2k▼ 6.6%
Turnover and EBIT margin not published: the micro schema does not require them.
Result per fiscal year
Operating resultNet result
The operating result has fallen two years in a row; 2025 is 1% below 2024 and is the lowest result in the available series.
Balance-sheet composition
2025 in colour, 2024 as the grey bar beneath
Assets €15k
Fixed assets
€429▼ 65.2%
Current assets
€14k▲ 13.3%
Equity and liabilities €15k
Equity
€14k▲ 14.0%
Debt
€717▼ 54.2%
The debt ratio falls from 11.3% to 4.9%. Equity is higher and debt is lower.
Key figures and ratios
EBITDA
€3k▼
2024 · €3k
Cash flow
€3k▼
2024 · €3k
Solvency
95.1%▲
2024 · 88.7%
Current ratio
19.89▲
2024 · 8.04
Quick ratio
19.89▲
2024 · 8.04
Debt / equity
0.05▼
2024 · 0.13
ROE
12.3%▼
2024 · 15.0%
ROA
11.7%▼
2024 · 13.3%
Interest coverage
21.74▲
2024 · 10.74
Debt
€717▼
2024 · €2k
Debt ≤ 1 year
€717▼
2024 · €2k
Income taxes
€744▲
2024 · €477
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€14k€15k▲
Fixed assets21/28€1k€429▼
Tangible fixed assets22/27€1k€429▼
Plant, machinery and equipment23€1k€429▼
Current assets29/58€13k€14k▲
Amounts receivable within one year40/41€9k€11k▲
Trade receivables40€9k€7k▼
Other amounts receivable41€761€4k▲
Cash at bank and in hand54/58€3k€4k▲
Equity and liabilities
Total equity and liabilities10/49€14k€15k▲
Equity10/15€12k€14k▲
Contributions10/11€5k€5k=
Profit (loss) carried forward14€7k€9k▲
Amounts payable17/49€2k€717▼
Amounts payable within one year42/48€2k€717▼
Trade debts44€1k-
Suppliers440/4€1k-
Taxes, remuneration and social security45€465€717▲
Taxes450/3€465€717▲
Income statement
Code20242025
Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets630€802€802=
Other operating charges640/8€384€797▲
Gross operating margin9900€4k€4k▲
Operating profit (loss)9901€3k€3k▼
Financial income75/76B€1-
Recurring financial income75€1-
Financial charges65/66B€321€158▼
Recurring financial charges65€321€158▼
Profit (loss) for the period before taxes9903€2k€2k▲
Income taxes67/77€477€744▲
Profit (loss) for the period9904€2k€2k▼
Profit (loss) for the period to be appropriated9905€2k€2k▼
Appropriation of the result
Profit (loss) to be appropriated9906€7k€9k▲
Profit (loss) brought forward from the previous period14P€5k€7k▲
The notes to these accounts (4 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
04-03
NBB filing
Annual accounts filed
fiscal year 2025 · micro schema
2025
30-09
Financial
Weakest financial yearnet €2k ▼6.6%
Net result drops to €2k, the lowest in the series.
30-09
Financial
Liquidity doublescurrent ratio 19.89
Current ratio from 8.04 to 19.89; short-term debt falls from €2k to €717.
05-03
NBB filing
Annual accounts filed
fiscal year 2024 · micro schema
2024
25-03
NBB filing
Annual accounts filed
fiscal year 2023 · micro schema
2023
30-09
Financial
Highest result since 2022net €3k ▲31%
Operating result €4k, net result €3k, both a record.
30-09
Financial
Liquidity times 5current ratio 11.80
Current ratio from 2.15 to 11.80; short-term debt falls from €6k to €776.
27-03
NBB filing
Annual accounts filed
fiscal year 2022 · micro schema
Financial milestoneNBB filingFinancial milestones sit on the fiscal year-end date, not the filing date.
Directors · office · real estate
Directors
2 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, Drogenbos · 1 establishment unit since 2021
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.
W.A. Mozartlaan 21620 DrogenbosGround area
1.9 ha
Building footprint
2,584 m²
Volume, LiDAR
8,993 m³
2 parcels, Flanders · tallest building 13.0 m, ±4 floors. Linked by address, not a title deed.
1 establishment unit
CONDOR STAR
since 20212.316.405.629
2 parcels
Flanders
2
(100%)
| Parcel (capakey) | Region | Area | Buildings | Height / fl. |
|---|---|---|---|---|
| 22001A0006/00W002 | Flanders | 1.1 ha | 1 · 794 m² | 13.0 m · 4 fl. |
| 23094D0041/00F000 | Flanders | 7,975 m² | 1 · 1,789 m² | - |
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.
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Of 29,803 companies in sector 41001 we hold annual accounts for 16,040. 10,452 are within a factor 10 of this equity.See the whole sector
Company data · Crossroads Bank
Identification
Legal formPrivate limited company
Founded16-02-2021
Fiscal year end30-09
Activities, NACEBEL
41001General construction of residential buildings
43211General electrical installation work
43221Plumbing work
43240Other construction installation
43299Specialised construction activities
43410Roofing work
Sources
Crossroads Bank for EnterprisesNational Bank · 4 filingsAddress and cadastre registers
Data from official sources, last processed on 19-09-2026. Scores and ratios are computed by Checked and are not a credit decision.