ACTIVE

Condor Technologies

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Financial year 2024 · closed on 31/12/2024
Net result
-2,4 M €
+70.0% YoY
Revenue
14,6 k €
+2148.5% YoY
Equity
4,3 M €
-35.8% YoY
Workforce
1,9 ETP
-36.7% YoY

What does Condor Technologies do?

Condor Technologies is a Public limited company incorporated in 2002. Its main activity is: Wholesale of pharmaceutical goods. Its registered office is in Gent. It employs on average 1,9 ETP workers (FTE).

Legal situation
● Normal situation
BCE/KBO no. / VAT
BE 0477.301.069
Incorporation
10/04/2002
Legal form
Public limited company
Registered office
Zuiderlaan 1-3 box 8
9000 Gent · FlandreSee on map
Contributed capital
13 453 446,00 €
Latest accounts
31/12/2024
Average workforce
1,9 ETP
Activities (NACE)
46460Wholesale of pharmaceutical goods· main46460Wholesale of pharmaceutical goods77225Rental of video tapes and disks77295Rental and leasing of other personal and household goods
Joint committees (2)
  • 200
  • 218
Contacts
1 public detail availableLog in to view
Signals
Solid equityGood liquidity
View the BCE/KBO Public Search record →
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 15 financial years

202420232022202120202019201820172016201520142013201220112010
Income statement
Revenue14,6 k €650 €–519 €5,3 k €158,9 k €527,3 k €1,4 M €634,7 k €3,3 k €16,8 k €––––
EBITDA-1,9 M €-4,1 M €-794,1 k €-739,6 k €-1,1 M €-2,5 M €-1,4 M €-1,4 M €-127,8 k €-721,6 k €-877,3 k €-201,9 k €296,4 k €147,8 k €191,8 k €
Operating result-1,9 M €-4,1 M €-835,6 k €-794,8 k €-1,2 M €-3,9 M €-1,9 M €-1,7 M €-281,6 k €-784,8 k €-907,1 k €-214,9 k €165,7 k €-598 k €32,5 k €
Net result-2,4 M €-7,9 M €-858,4 k €776,6 k €-503,9 k €8,7 M €-2,3 M €-2 M €-311,1 k €-790,5 k €-911,3 k €-215,1 k €165,7 k €-598 k €32,5 k €
Balance sheet
Equity4,3 M €6,6 M €14,6 M €15,4 M €14,7 M €15,2 M €6,5 M €8,8 M €10,8 M €892,2 k €-417,4 k €494 k €696,6 k €530,9 k €1,1 M €
Total assets7,5 M €9,6 M €18,5 M €17,9 M €20,9 M €21,7 M €17,5 M €17,1 M €17 M €3,4 M €2,8 M €1,3 M €876,2 k €711,9 k €1,1 M €
Cash29,4 €213,5 k €19 k €53,9 k €3 k €47,5 k €113,5 k €347,8 k €1,6 M €9,7 k €185,4 k €68,5 k €6,8 k €38,2 k €–
Debts3,2 M €3 M €3,9 M €2,4 M €6,1 M €6,3 M €11 M €8,2 M €6 M €2,3 M €3,2 M €759,3 k €179,6 k €181 k €720 €
Other
Workforce1,9 ETP3,0 ETP3,0 ETP4,0 ETP11,3 ETP12,2 ETP11,4 ETP10,4 ETP4,8 ETP2,3 ETP1,6 ETP1,0 ETP–––
Estimate

Indicative valuation

As an indication, this company is worth

between 2,5 M€ and 5 M€
See the valuation
Governance

Board of directors

Seen on filing of 31/12/2024 · 4 active · 31 ended

Active mandates

Gilles Briquet

Director · since 30 janvier 2023 · until 09 septembre 2025

Active
Guy De Vreese

Managing director · since 02 juin 2020 · until 09 septembre 2025

Active
Patrick Braun

Director · since 02 juin 2020 · until 09 septembre 2025

Active
Philippe Van Acker

Director · since 02 juin 2020 · until 09 septembre 2025

Active

Ended mandates

Gilles Briquet

Director · since 30 janvier 2023

Ended
Fabien Duret

Director · since 02 juin 2020 · until 04 mars 2024

Ended
Fabien Duret

Director · since 02 juin 2020

Ended
François Duret

Director · since 02 juin 2020 · until 09 octobre 2024

Ended
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Annual accounts

Full financial information

202420232022202120202019
Type of accountFull modelFull modelFull modelFull modelFull modelFull model
Start of the financial year01/01/202401/01/202301/01/202201/01/202101/01/202001/01/2019
Closing of the financial year31/12/202431/12/202331/12/202231/12/202131/12/202031/12/2019
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date09/09/202509/09/202529/08/202329/07/202214/06/202119/06/2020
General meeting09/09/202509/09/202516/08/202326/07/202204/06/202102/06/2020
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

19 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Full model31/12/202409/09/202509/09/2025DutchPDF
Full model31/12/202309/09/202509/09/2025DutchPDF
Full model31/12/202216/08/202329/08/2023DutchPDF
Full model31/12/202126/07/202229/07/2022DutchPDF
Full model31/12/202004/06/202114/06/2021DutchPDF
Full model31/12/201902/06/202019/06/2020DutchPDF
Full model31/12/201818/06/201912/07/2019DutchPDF
Full model31/12/201720/07/201802/08/2018DutchPDF
Full model31/12/201630/06/201710/07/2017DutchPDF
Full model31/12/201503/06/201610/10/2016DutchPDF
Full model31/12/201402/06/201514/08/2015DutchPDF
Abridged model31/12/201328/11/201417/12/2014DutchPDF
Abridged model31/12/201213/11/201320/11/2013DutchPDF
Abridged model31/12/201115/07/201226/11/2012DutchPDF
Abridged model31/12/201015/07/201125/07/2011DutchPDF
Abridged model31/12/200915/01/201018/02/2010DutchPDF
Abridged model31/12/200801/06/200918/02/2010DutchPDF
Abridged model31/12/200701/06/200803/12/2008DutchPDF
Abridged model31/12/200601/06/200703/12/2008DutchPDF
Estimate

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 2,5 M€ and 5 M€

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 31/12/2024 · 4 active · 31 ended

Active mandates

Gilles Briquet

Director · since 30 janvier 2023 · until 09 septembre 2025

Active
Guy De Vreese

Managing director · since 02 juin 2020 · until 09 septembre 2025

Active
Patrick Braun

Director · since 02 juin 2020 · until 09 septembre 2025

Active
Philippe Van Acker

Director · since 02 juin 2020 · until 09 septembre 2025

Active

Ended mandates

Gilles Briquet

Director · since 30 janvier 2023

Ended
Fabien Duret

Director · since 02 juin 2020 · until 04 mars 2024

Ended
Fabien Duret

Director · since 02 juin 2020

Ended
François Duret

Director · since 02 juin 2020 · until 09 octobre 2024

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates18/08/2023
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates09/11/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Mandates12/02/2020
    ONTSLAGEN - BENOEMINGEN
    PDF
  • Capital / shares07/05/2018
    KAPITAAL - AANDELEN - DIVERSEN
    PDF
  • Registered office19/02/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Capital / shares28/12/2016
    BENAMING - KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates29/07/2016
    BENAMING - MAATSCHAPPELIJKE ZETEL - KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN - ALGEMENE VERGADERING - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Capital / shares12/06/2015
    KAPITAAL - AANDELEN - STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    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. 2024
    Annual accounts 2024-2,4 M €↑
  2. 2023
    Annual accounts 2023-7,9 M €↓
  3. 2022
    Annual accounts 2022-858,4 k €↓
  4. 2021
    Annual accounts 2021776,6 k €↑
  5. 2020
    Annual accounts 2020-503,9 k €↓
  6. 2019
    Annual accounts 20198,7 M €↑
  7. 2018
    Annual accounts 2018-2,3 M €↓
  8. 2017
    Annual accounts 2017-2 M €↓
  9. 2016
    Annual accounts 2016-311,1 k €↑
  10. 2015
    Annual accounts 2015-790,5 k €↑
  11. 2014
    Annual accounts 2014-911,3 k €↓
  12. 2013
    Annual accounts 2013-215,1 k €↓
  13. 2012
    Annual accounts 2012165,7 k €↑
  14. 2011
    Annual accounts 2011-598 k €↓
  15. 2010
    Annual accounts 201032,5 k €
  16. 10/04/2002
    IncorporationPublic limited company