ACTIVE

Condor

Financial year 2025 · closed on 31/12/2025
Net result
145,8 k €
-82.2% YoY
Gross margin
-6,8 k €
+67.4% YoY
Equity
3,2 M €
+0.0% YoY
Workforce
0,0 ETP

What does Condor do?

Condor is a Private limited company incorporated in 2015. Its registered office is in Antwerpen.

Legal situation
Normal situation
BCE/KBO no. / VAT
BE 0568.718.423
Incorporation
14/01/2015
Legal form
Private limited company
Registered office
Jan Van Rijswijcklaan 162 box 1
2020 Antwerpen · FlandreSee on map
Contributed capital
1 228 167,73 €
Latest accounts
31/12/2025
Average workforce
0,0 ETP
Signals
ProfitableSolid equityLow riskPositive cashflow
Health score
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✦ Verdict · Analyst summary
Financials

Trend over 10 financial years

2025202420232022202120202019201820172016
Income statement
Gross margin-6,8 k €-20,7 k €-23,4 k €-5,1 k €-3,5 k €-5,6 k €-5,3 k €-28,1 k €-2,8 k €-11,7 k €
EBITDA-7,9 k €-131 k €-124,8 k €-107,8 k €-56,3 k €-6,6 k €-6,3 k €-29,3 k €-3,8 k €-12,4 k €
Operating result-7,9 k €-131 k €-124,8 k €-107,8 k €-56,3 k €-6,6 k €-6,3 k €-29,3 k €-3,8 k €-12,4 k €
Net result145,8 k €820,9 k €424,4 k €911,1 k €1,2 M €196,3 k €214,8 k €212,7 k €138 k €-14,8 k €
Balance sheet
Equity3,2 M €3,2 M €3,8 M €4,9 M €4,7 M €4,8 M €5,6 M €5,6 M €4,5 M €4,6 M €
Total assets3,2 M €3,2 M €3,8 M €4,9 M €4,7 M €4,8 M €5,6 M €5,7 M €4,5 M €5 M €
Cash233,8 k €241,9 k €788,7 k €539,7 k €815,7 k €600,1 k €628,7 k €1,1 M €326,7 k €1,1 M €
Debts0 €8,7 k €2,3 k €14,2 k €10,9 k €6,9 k €3,6 k €37,1 k €1,4 k €
Other
Workforce0,0 ETP0,0 ETP0,0 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 31/12/2025 · 2 active · 6 ended

Active mandates

Legal Point

Director · since 13 janvier 2023 · until 31 janvier 2026 · 0830.572.594

Represented by Dimitri Herbosch

Active
LeftBank Invest

Director · since 17 décembre 2015 · 0641.931.944

Represented by Guy MERTENS

Active

Ended mandates

Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
LeftBank Invest

Director · since 17 décembre 2015 · 0641.931.944

Represented by Mertens GUY

Ended
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Annual accounts

Full financial information

202520242023202220212020
Type of accountAbridged modelAbridged 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 year31/12/202531/12/202431/12/202331/12/202231/12/202131/12/2020
Length of the financial year12 months12 months12 months12 months12 months12 months
Filing date03/07/202606/05/202508/07/202430/06/202309/06/202208/06/2021
General meeting16/06/202625/04/202531/05/202431/05/202331/05/202231/05/2021
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

11 filings with the NBB

ModelClosingGeneral meetingFiledLanguageDocument
Abridged model31/12/202516/06/202603/07/2026DutchPDF
Abridged model31/12/202425/04/202506/05/2025DutchPDF
Abridged model31/12/202331/05/202408/07/2024DutchPDF
Abridged model31/12/202231/05/202330/06/2023DutchPDF
Abridged model31/12/202131/05/202209/06/2022DutchPDF
Abridged model31/12/202031/05/202108/06/2021DutchPDF
Abridged model31/12/201902/06/202004/06/2020DutchPDF
Abridged model31/12/201831/05/201930/08/2019DutchPDF
Abridged model31/12/201731/05/201831/08/2018DutchPDF
Micro model31/12/201631/05/201729/08/2017DutchPDF
Abridged model31/12/201531/05/201631/08/2016DutchPDF
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 31/12/2025 · 2 active · 6 ended

Active mandates

Legal Point

Director · since 13 janvier 2023 · until 31 janvier 2026 · 0830.572.594

Represented by Dimitri Herbosch

Active
LeftBank Invest

Director · since 17 décembre 2015 · 0641.931.944

Represented by Guy MERTENS

Active

Ended mandates

Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
Legal Point

Director · since 13 janvier 2023 · 0830.572.594

Represented by Dimitri HERBOSCH

Ended
LeftBank Invest

Director · since 17 décembre 2015 · 0641.931.944

Represented by Mertens GUY

Ended
Shareholders

Ownership and network

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Belgian Official Gazette

Belgian Official Gazette publications

  • Mandates21/09/2026
    ONTSLAGEN, BENOEMINGEN
    PDF
  • Other22/11/2024
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …)
    PDF
  • Mandates19/01/2023
    STATUTEN (VERTALING, COÖRDINATIE, OVERIGE WIJZIGINGEN, …) - WIJZIGING RECHTSVORM - ONTSLAGEN - BENOEMINGEN
    PDF
  • Registered office25/02/2021
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Registered office09/10/2018
    MAATSCHAPPELIJKE ZETEL
    PDF
  • Mandates12/01/2016
    KAPITAAL - AANDELEN - ONTSLAGEN - BENOEMINGEN
    PDF
  • Other16/01/2015
    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

Timeline

  1. 2025
    Annual accounts 2025145,8 k €
  2. 2024
    Annual accounts 2024820,9 k €
  3. 2023
    Annual accounts 2023424,4 k €
  4. 2022
    Annual accounts 2022911,1 k €
  5. 2021
    Annual accounts 20211,2 M €
  6. 2020
    Annual accounts 2020196,3 k €
  7. 2019
    Annual accounts 2019214,8 k €
  8. 2018
    Annual accounts 2018212,7 k €
  9. 2017
    Annual accounts 2017138 k €
  10. 2016
    Annual accounts 2016-14,8 k €
  11. 14/01/2015
    IncorporationPrivate limited company