NORMAL SITUATION

CONDOR

Financial year 2025 · closed on 25/02/2025
Net result
407,6 €
-99.9% YoY
Gross margin
-189,5 €
-100.0% YoY
Equity
318 k €
+0.1% YoY

Company — Normal situation.

What does CONDOR do?

CONDOR is a company registered in Belgium.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0446.514.853
Legal form
Public limited company
Contributed capital
61 896,00 €
Latest accounts
25/02/2025
Joint committees (1)
  • 323
Signals
ProfitableSolid equityPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 19 financial years

2025202420232022202120202019201820172016201520142013201220112010200920082007
Income statement
Gross margin-189,5 €473,6 k €99,6 €-9,4 k €-26,2 k €38,3 k €39 k €23,1 k €51 k €41,6 k €42,5 k €61,3 k €48,7 k €44,6 k €123,6 k €195,6 k €198,7 k €196,2 k €77,7 k €
EBITDA-320,9 €466 k €-6,8 k €-15,6 k €-32,3 k €32,3 k €33 k €17,1 k €45 k €35,6 k €27,6 k €51,7 k €46,4 k €-22 k €-5,3 k €50 k €80,7 k €76,7 k €1,8 k €
Operating result-320,9 €466 k €-22,2 k €-30,9 k €-47,5 k €17,9 k €18,4 k €2,3 k €30,3 k €20,8 k €12,9 k €37 k €31,7 k €-36,5 k €-39 k €-1,3 k €11,5 k €31,9 k €-65,3 k €
Net result407,6 €391 k €-27,1 k €-36,1 k €-52,7 k €12,4 k €11,7 k €-4,4 k €12,3 k €11,6 k €-30,1 k €22,8 k €14,3 k €-34,5 k €-48,7 k €-24,5 k €-8,2 k €-3,5 k €-19 k €
Balance sheet
Equity318 k €317,6 k €412,8 k €439,9 k €476 k €528,7 k €516,3 k €504,6 k €508,9 k €496,6 k €485 k €515 k €492,2 k €477,9 k €26,3 k €75 k €99,6 k €185,6 k €80,1 k €
Total assets318 k €327 k €621,2 k €636,2 k €652,5 k €664,6 k €683,5 k €684 k €903,1 k €919,6 k €922,3 k €1 M €1 M €1,1 M €647,6 k €810,2 k €853,3 k €742,6 k €849 k €
Cash253 k €61,9 k €1,1 k €11,5 k €17,8 k €3,1 k €4,9 k €2,4 k €16,8 €3,5 k €3,9 €5,9 k €11,7 k €13,5 k €16,7 k €26,6 k €
Debts9,4 k €208,4 k €196,3 k €176,5 k €136 k €167,3 k €179,4 k €394,1 k €422,9 k €437,2 k €527,1 k €511 k €590,6 k €617 k €725,7 k €747,2 k €550,5 k €719,8 k €
Other
Workforce0,3 ETP2,4 ETP2,8 ETP3,0 ETP2,9 ETP1,3 ETP
Governance

Board of directors

Seen on filing of 25/02/2025 · 1 active · 15 ended

Active mandates

Emilienne Govaerts

Managing director · since 21 avril 2023 · until 25 février 2025

Active

Ended mandates

Emilienne Govaerts

Director · since 21 mars 2023 · until 10 mai 2028

Ended
Emilienne Govaerts

Managing director · since 09 mai 2018 · until 08 mai 2024

Ended
Roger Boussé

Managing director · since 09 mai 2018 · until 08 mai 2024

Ended
Bjorn BOUSSE

Director · since 09 mai 2012 · until 08 mai 2018

Ended
Annual accounts

Full financial information

202520242023202220212020
Type of accountMicro modelMicro modelAbridged modelAbridged modelAbridged modelAbridged model
Start of the financial year01/01/202501/01/202401/01/202301/01/202201/01/202101/01/2020
Closing of the financial year25/02/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year2 months12 months12 months12 months12 months12 months
Filing date10/03/202510/03/202523/05/202415/05/202330/06/202208/06/2021
General meeting25/02/202525/02/202508/05/202410/05/202311/05/202212/05/2021
Currency of the financial yearEUREUREUREUREUREUR
NBB quality labelSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controlsSatisfying controls
Ratios

Financial ratios

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Filings

Annual accounts filings

34 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Micro model25/02/202525/02/202510/03/2025DutchPDF
Micro model31/12/202425/02/202510/03/2025DutchPDF
Abridged model31/12/202308/05/202423/05/2024DutchPDF
Abridged model31/12/202210/05/202315/05/2023DutchPDF
Abridged model31/12/202111/05/202230/06/2022DutchPDF
Abridged model31/12/202012/05/202108/06/2021DutchPDF
Abridged model31/12/201913/05/202005/06/2020DutchPDF
Abridged model31/12/201808/05/201905/06/2019DutchPDF
Abridged model31/12/201709/05/201820/07/2018DutchPDF
Abridged model31/12/201610/05/201710/08/2017DutchPDF
Abridged model31/12/201511/05/201623/06/2016DutchPDF
Abridged model31/12/201413/05/201529/06/2015DutchPDF
Abridged model31/12/201314/05/201428/06/2014DutchPDF
Abridged model31/12/201208/05/201330/06/2013DutchPDF
Abridged model31/12/201109/05/201231/08/2012DutchPDF
Abridged model31/12/201011/05/201130/06/2011DutchPDF
Abridged model31/12/200912/05/201031/08/2010DutchPDF
Abridged model31/12/200813/05/200910/08/2009DutchPDF
Abridged modelCorrection31/12/200714/05/200825/05/2009DutchPDF
Abridged model31/12/200714/05/200828/07/2008DutchPDF
Abridged model30/06/200613/12/200626/02/2007DutchPDF
Abridged model30/06/200514/12/200507/04/2006DutchPDF
Abridged model31/12/200326/05/200417/06/2004FrenchPDF
Abridged model31/12/200204/06/200331/07/2003FrenchPDF

View all 34 filings

Estimate

Indicative valuation

The detail comes with the Business plan: low and high bounds, the valuation bridge for each financial year, transaction multiples by sector and size, group valuation and exports.

Discover the Business plan
Disclaimer

Indicative estimate based on public sector multiples and the filed annual accounts. It is neither a certified valuation nor financial or investment advice.

Governance

Board of directors

Seen on filing of 25/02/2025 · 1 active · 15 ended

Active mandates

Emilienne Govaerts

Managing director · since 21 avril 2023 · until 25 février 2025

Active

Ended mandates

Emilienne Govaerts

Director · since 21 mars 2023 · until 10 mai 2028

Ended
Emilienne Govaerts

Managing director · since 09 mai 2018 · until 08 mai 2024

Ended
Roger Boussé

Managing director · since 09 mai 2018 · until 08 mai 2024

Ended
Bjorn BOUSSE

Director · since 09 mai 2012 · until 08 mai 2018

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Dissolution31/03/2025
    Ontbinding
    PDF
  • Mandates26/04/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates20/08/2018
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office16/11/2017
    SIEGE SOCIAL
    PDF
  • Mandates24/05/2016
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office17/09/2015
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates25/02/2013
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates26/04/2012
    ONTSLAGEN - BENOEMINGEN
    PDF

Source: Belgian Official Gazette

Competition

Similar companies

A company's peers, by sector and size, are included in the Business plan.

See the Business plan

Timeline

  1. 2025
    Annual accounts 2025407,6 €
  2. 2024
    Annual accounts 2024391 k €
  3. 2023
    Annual accounts 2023-27,1 k €
  4. 2022
    Annual accounts 2022-36,1 k €
  5. 2021
    Annual accounts 2021-52,7 k €
  6. 2020
    Annual accounts 202012,4 k €
  7. 2019
    Annual accounts 201911,7 k €
  8. 2018
    Annual accounts 2018-4,4 k €
  9. 2017
    Annual accounts 201712,3 k €
  10. 2016
    Annual accounts 201611,6 k €
  11. 2015
    Annual accounts 2015-30,1 k €
  12. 2014
    Annual accounts 201422,8 k €
  13. 2013
    Annual accounts 201314,3 k €
  14. 2012
    Annual accounts 2012-34,5 k €
  15. 2011
    Annual accounts 2011-48,7 k €
  16. 2010
    Annual accounts 2010-24,5 k €
  17. 2009
    Annual accounts 2009-8,2 k €
  18. 2008
    Annual accounts 2008-3,5 k €
  19. 2007
    Annual accounts 2007-19 k €