Financials
- Fiscal year
- 2025
- Total assets
- €14,674
- Loss
- -€3,134
- Solvency
- 75.0%
Total assets▼ 14.1%
Net result
20182025
CONDORVAST
ActiveSummary
CONDORVAST has been active since 1999 and the Belgian State Gazette contains no insolvency or warning signals. The 2025 annual accounts show equity of €11,008 and a net result of -€3,134. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 82% of 15312 sector peers (fiscal year 2025). The computed 12-month bankruptcy probability is 0.1% (very low).
Overview
Activity
Development of residential building projects
NACE 68121Real estate development NACE 41101
1 site
Size
€14,674total assets 2025
- Equity
- €11,008
- Loss
- -€3,134
Turnover not published (abridged schema)
Structure
Accounts 80 d early0 of 8 deeds read
Why 94- Loss of €3,134 (FY 2025)+ Liquidity: current ratio 3.98, cash €4,874+ Size: total assets €14,674+ Figures for FY 2025 (filed 14-05-2026)Show the evidence
Checked score
Score 2025
94
/ 100
Excellent
Probability in this band: under 0.55%
Better than 50% of its sector peers (NACE 68, micro)
Performance against the sector, not lower risk
Financial strength · tick = 2024
Strong
Solvency
100=
equity 75.0% of total assets
Liquidity
82+7
short-term debt 25.0% · cash 33.2%
Profitability
0-93
return on assets -21.4%
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 13 months
10-2025: < 0.1%lowest value
11-2025: < 0.1%● 0.0% vs 10-2025lowest value
12-2025: < 0.1%● 0.0% vs 11-2025lowest value
01-2026: < 0.1%● 0.0% vs 12-2025lowest value
02-2026: < 0.1%● 0.0% vs 01-2026lowest value
03-2026: < 0.1%▲ +2.1% vs 02-2026
04-2026: 0.1%▲ +2.0% vs 03-2026
05-2026: 0.1%▲ +14.0% vs 04-2026
06-2026: 0.1%▲ +52.6% vs 05-2026highest value
07-2026: 0.1%● 0.0% vs 06-2026highest value
08-2026: 0.1%● 0.0% vs 07-2026highest value
09-2026: 0.1%● 0.0% vs 08-2026highest value
10-2026: 0.1%● 0.0% vs 09-2026highest value
- Loss of €3,134 (FY 2025) raises the probability
- Liquidity: current ratio 3.98, cash €4,874 lowers the probability
- Size: total assets €14,674 lowers the probability for this profile
- Figures for FY 2025 (filed 14-05-2026) lowers the probability
Credit up to €1,000 at 30 days acceptable
Liquidity ample (current ratio 3.98 against 5.11 in 2024; short-term debt: 25% and cash: 33.2% of total assets), and 25% of the assets are financed with debt.
How it is calculated
The band comes from the bankruptcy probability on a scale of 0 to 100: every 10 points more double the odds of getting through the year without bankruptcy.
| 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% |
Place inside the band: half the bankruptcy probability, half how the company does against its sector peers (NACE 68, micro). Better than this share of them on solvency 91%, liquidity 87%, profitability 4%, growth against the median 20%. That is performance, not lower risk; the band itself always comes from the probability.
Bankruptcy probability: model pd-v3.202610021621, computed on 02-10-2026. The model learns from Belgian bankruptcies and reads the registers, the annual accounts and the gazette.
Ceilings: negative or zero equity, a heavy loss, a special KBO legal situation and a missing filing 59 (two missing 44), an ongoing judicial reorganisation or an ending 24. Financial strength does not count in the score.
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Signals
Five signals. The signal on the left, the evidence on the right.
−lowers risk+raises risk○neutral
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 12-05-2026, 80 days ahead of the deadline.
NBB · 10 filingsDeviation from the deadline
2025
80 d early
2024
77 d early
2023
71 d early
2022
83 d early
2021
53 d early
2020
67 d early
2019
64 d early
← before the deadline
after the deadline →
tick = median of all Belgian filingsring = median in the sector
This company filed its last 7 accounts on average 71 days before the deadline; the sector median for financial year 2024 is 7 days before the deadline, and 36% of the sector filed 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 15 May (5 of the last 5 filed years within 30 days of that day).
Companies Code · seven monthsPosition in the running window
02-10-2026 today31-12-2026 close31-07-2027 deadline
- Annual accounts filedfiscal year 2025 · micro…
- Annual accounts filedfiscal year 2024 · micro…
- Back to profitnet €3,252
Key points
By topic
Timeline
- Events
- 15
- Since
- 2017
- Next accounts
- by 31-07-2027
- 12-05-2026Annual accounts filed
- 15-05-2025Annual accounts filed
- 31-12-2024Back to profit
Company details
- Sites
- 1
- Legal form
- Public limited company
- Activity
- Development of residential building projectsNACE 68121
- Founded
- 20-04-1999
- Year ends
- 31-12
- Peppol
- Reachable for e-invoices
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