OPENING OF BANKRUPTCY

CONDOR

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Financial year 2020 · closed on 30/06/2020

Net result

6,8 k €

+164.1% YoY

Gross margin

134 k €

-16.5% YoY

Equity

79,1 k €

+9.4% YoY

Workforce

1,6 ETP

0.0% YoY

Company — Opening of bankruptcy.

What does CONDOR do?

CONDOR is a Cooperative society incorporated in 2014. Its registered office is in Asse. It employs on average 1,6 ETP workers (FTE).

Legal situation

● Opening of bankruptcy

BCE/KBO no. / VAT

BE 0561.904.469

Incorporation

12/09/2014

Legal form

Cooperative society

Registered office

Huinegem 42 box B
1730 Asse · FlandreSee on map

Latest accounts

30/06/2020

Average workforce

1,6 ETP

Joint committees (1)

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDAHealthy social debts

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Health score

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✦ Verdict · Analyst summary

Financials

Trend over 5 financial years

	2020		2019		2018		2017		2016
Income statement
Gross margin	134 k €	-16.5%	160,5 k €	+31.7%	121,9 k €	-5.4%	128,8 k €	-36.5%	202,8 k €
EBITDA	10,6 k €	-57.6%	25,1 k €	+117%	-147,3 k €	-1238%	13 k €	-80.5%	66,4 k €
Operating result	10,6 k €	+232%	-8 k €	+95.1%	-165,1 k €	-516%	39,7 k €	+125%	17,6 k €
Net result	6,8 k €	+164%	-10,6 k €	-262%	6,6 k €	-81.4%	35,2 k €	+136%	15 k €
Balance sheet
Equity	79,1 k €	+9.4%	72,3 k €	-85.0%	482,9 k €	+1.4%	476,4 k €	+8.0%	441,2 k €
Total assets	638,3 k €	+82.9%	349,1 k €	-45.7%	642,6 k €	-1.8%	654,7 k €	+19.9%	546,2 k €
Cash	31,5 k €	+13.0%	27,9 k €	-82.1%	155,6 k €	+534%	24,5 k €	+40.3%	17,5 k €
Debts	559,2 k €	+108%	269,3 k €	+77.0%	152,1 k €	-14.7%	178,3 k €	+69.7%	105,1 k €
Other
Workforce	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	0.0%	1,6 ETP	+45.5%	1,1 ETP

Governance

Board of directors

Seen on filing of 30/06/2020 · 1 active · 2 ended

Active mandates

CALICO

Managing director · 0456.221.583

Represented by Nadine De Koninck

Active

Ended mandates

DELBOFISC

Managing director · 0846.250.665

Represented by Wouter Delcourt

Ended

Fisclabo Bv Bvba

Director · 0865.637.995

Represented by Wouter Delcourt

Ended

At this address

Other companies at this address

Company	CBE no.
LEMA & CO● Active	0476.175.473
NEW PROJECT OF FOOTBALL MANAGEMENT● Active	0807.867.765
PROTEA BIOPHARMA NV● Active	0820.421.545
SEQUENSIS● Liquidation	0836.289.755
YIN & YANG● Active	0544.356.773

Annual accounts

Full financial information

	2020	2019	2018	2017	2016
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/07/2019	01/07/2018	01/07/2017	01/07/2016	12/09/2014
Closing of the financial year	30/06/2020	30/06/2019	30/06/2018	30/06/2017	30/06/2016
Length of the financial year	12 months	12 months	12 months	12 months	22 months
Filing date	01/02/2021	26/02/2020	08/02/2019	31/01/2018	28/03/2017
General meeting	19/12/2020	21/12/2019	22/12/2018	23/12/2017	24/12/2016
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Ratios

Financial ratios

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Filings

Annual accounts filings

5 filings with the NBB

Model	Closing	General meeting	Filed	Language	Document
Abridged model	30/06/2020	19/12/2020	01/02/2021	Dutch	PDF
Abridged model	30/06/2019	21/12/2019	26/02/2020	Dutch	PDF
Abridged model	30/06/2018	22/12/2018	08/02/2019	Dutch	PDF
Abridged model	30/06/2017	23/12/2017	31/01/2018	Dutch	PDF
Abridged model	30/06/2016	24/12/2016	28/03/2017	Dutch	PDF

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 30/06/2020 · 1 active · 2 ended

Active mandates

CALICO

Managing director · 0456.221.583

Represented by Nadine De Koninck

Active

Ended mandates

DELBOFISC

Managing director · 0846.250.665

Represented by Wouter Delcourt

Ended

Fisclabo Bv Bvba

Director · 0865.637.995

Represented by Wouter Delcourt

Ended

Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

Other06/07/2021
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM - ALGEMENE VERGADERING - BOEKJAAR
PDF
Mandates23/08/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates24/04/2019
ONTSLAGEN - BENOEMINGEN
PDF
Mandates29/06/2015
MAATSCHAPPELIJKE ZETEL - ONTSLAGEN - BENOEMINGEN
PDF
Other23/02/2015
STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, ) - WIJZIGING RECHTSVORM
PDF
Other16/09/2014
RUBRIEK OPRICHTING (NIEUWE RECHTSPERSOON, OPENING BIJKANTOOR, ENZ...)
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

2020
Annual accounts 20206,8 k €↑
2019
Annual accounts 2019-10,6 k €↓
2018
Annual accounts 20186,6 k €↓
2017
Annual accounts 201735,2 k €↑
2016
Annual accounts 201615 k €
12/09/2014
IncorporationCooperative society

10/15	1 240 000	1 180 000	1 050 000
70	8 630 000	8 120 000	7 940 000
9904	412 000	388 000	301 000
17/49	2 970 000	3 140 000	3 380 000
9087	24,3	23,1	21,8

CONDOR

Overview

What does CONDOR do?

Trend over 5 financial years

Board of directors

Other companies at this address

Financials

Full financial information

Financial ratios

Annual accounts filings

Valuation

Indicative valuation

Directors & structure

Board of directors

Ownership and network

Publications

Belgian Official Gazette publications

Similar companies

Similar companies

Timeline