ACTIVE

CONDOR FINCO

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Financial year 2025 · Closed on 31/12/2025

Net result445,7 k €+199,0 %over 1 year

Gross margin113,3 k €+96,7 %over 1 year

Equity745,3 k €+471,8 %over 1 year

Workforce1,0 ETP+25,0 %over 1 year

Identity

Source · BCE/KBO

CONDOR FINCO is a Private limited company incorporated in 2021. Its main activity is: Other financial service activities, except insurance and pension funding n.e.c.. Its registered office is in Bruxelles. It employs on average 1,0 ETP workers (FTE).

Legal situation: Normal situation
BCE/KBO no. / VAT: BE 0770.665.691
Incorporation: 02/07/2021
Legal form: Private limited company
Registered office: Avenue Louise 489
1050 Bruxelles · BruxellesSee on map
Contributed capital: 1 101 000,00 €
Latest accounts: 31/12/2025
Average workforce: 1,0 ETP

Activities (NACE)

64999Other financial service activities, except insurance and pension funding n.e.c.· main 64999Other financial service activities, except insurance and pension funding n.e.c.

Joint committees (1)

CP 200

Signals

ProfitableGood liquidityPositive cashflowPositive EBITDA

Financials

Source · NBB, 5 filings

Trend over 5 financial years

	2025		2024		2023		2022		2021
Income statement
Gross margin	113,3 k €	+96.7%	57,6 k €	-33.9%	87,2 k €	+206%	28,5 k €	+207%	-26,6 k €
EBITDA	25,2 k €	+563%	-5,5 k €	-241%	-1,6 k €	+89.9%	-15,8 k €	+48.1%	-30,5 k €
Operating result	25,2 k €	+563%	-5,5 k €	-241%	-1,6 k €	+89.9%	-15,8 k €	+48.1%	-30,5 k €
Net result	445,7 k €	+199%	-450,2 k €	-25.4%	-358,9 k €	-6310%	5,8 k €	+204%	1,9 k €
Balance sheet
Equity	745,3 k €	+472%	-200,4 k €	-180%	249,7 k €	+130%	108,7 k €	+5.6%	102,9 k €
Total assets	86 M €	+13.9%	75,5 M €	+22.1%	61,9 M €	+14.3%	54,1 M €	+72.8%	31,3 M €
Cash	2,8 M €	-63.3%	7,7 M €	+70.1%	4,5 M €	-72.4%	16,3 M €	+234%	4,9 M €
Debts	85,2 M €	+12.6%	75,7 M €	+22.9%	61,6 M €	+14.1%	54 M €	+73.0%	31,2 M €
Other
Workforce	1,0 ETP	+25.0%	0,8 ETP	-20.0%	1,0 ETP	+42.9%	0,7 ETP	-12.5%	0,8 ETP

Valuation

Indicative valuation

As an indication, this company is worth

between 0 € and 100 k€

See the valuation

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDINGPAD S. Etr.0849.873.319Represented by Pierre-Antoine Dusoulier	Directorsince 13/07/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDINGPAD S. Etr.Represented by Pierre-Antoine Dusoulier	Director13/07/2021 → 2021 accounts

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Avenue Louise 489 1050 Bruxelles

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COMPAGNIE 14● Active	0463.784.318
Condor 1● Active	0770.906.213
Condor 2● Active	0770.919.574
Condor 3● Active	0770.920.762
Condor 4● Active	0794.356.853
CONDOR BIDCO● Active	0770.665.493
CONDOR HOLDCO● Active	0770.576.710

Full financial information

Source · NBB

	2025	2024	2023	2022	2021
Type of account	Abridged model	Abridged model	Abridged model	Abridged model	Abridged model
Start of the financial year	01/01/2025	01/01/2024	01/01/2023	01/01/2022	01/07/2021
Closing of the financial year	31/12/2025	31/12/2024	31/12/2023	31/12/2022	31/12/2021
Length of the financial year	12 months	12 months	12 months	12 months	6 months
Filing date	11/06/2026	17/06/2025	24/06/2024	28/08/2023	28/08/2023
General meeting	03/06/2026	04/06/2025	05/06/2024	30/06/2023	29/06/2022
Currency of the financial year	EUR	EUR	EUR	EUR	EUR
NBB quality label	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls	Satisfying controls

Financial ratios

Source · NBB

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Annual accounts filings

Source · NBB, 5 filings

Model	Closing	General meeting	Filed	Language	Document
Abridged model	31/12/2025	03/06/2026	11/06/2026	French	PDF
Abridged model	31/12/2024	04/06/2025	17/06/2025	French	PDF
Abridged model	31/12/2023	05/06/2024	24/06/2024	French	PDF
Abridged model	31/12/2022	30/06/2023	28/08/2023	French	PDF
Abridged model	31/12/2021	29/06/2022	28/08/2023	French	PDF

Indicative valuation

Order of magnitude

As an indication, this company is worth

between 0 € and 100 k€

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.

Board of directors

Source · NBB, accounts to 31/12/2025

1 active · 1 ended

Active mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDINGPAD S. Etr.0849.873.319Represented by Pierre-Antoine Dusoulier	Directorsince 13/07/2021

Ended mandates

Director	Mandates in this company	Period	Other mandatescurrentendedstruck offbankruptcies
HOLDINGPAD S. Etr.Represented by Pierre-Antoine Dusoulier	Director13/07/2021 → 2021 accounts

Ownership and network

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Belgian Official Gazette publications

Source · Belgian Official Gazette

Mandates03/09/2026
Démission et nomination d'administrateurs
PDF
Registered office04/12/2025
SIEGE SOCIAL
PDF
Capital / shares02/06/2025
STATUTS (TRADUCTION, COORDINATION, AUTRES MODIFICATIONS, ) - CAPITAL, ACTIONS
PDF
Mandates07/08/2024
DEMISSIONS, NOMINATIONS
PDF
Capital / shares09/01/2024
CAPITAL, ACTIONS
PDF
Mandates23/07/2021
DEMISSIONS, NOMINATIONS
PDF
Other06/07/2021
RUBRIQUE CONSTITUTION (NOUVELLE PERSONNE MORALE, OUVERTURE SUCCURSALE, ETC...)
PDF

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

See the Business plan

Timeline

Source · CBE, NBB annual accounts

Year

Identity

Incorporation

Name

Registered office

Annual accounts

Filings5 filings

Mandates

HOLDINGPAD S. Etr.

202120222023202420252026

CONDOR FINCO

Avenue Louise 489, 1050 IxellesAvenue Louise 350, 1050 Ixelles

Director

CurrentPlanned, not yet servedEndedAccounts filedToday

Registered offices

Source · NBB annual accounts, CBE

Registered address	Period	Source
Avenue Louise 489, 1050 IxellesCurrent	accounts 2025	Accounts 2025 · 2026-00159255
Avenue Louise 350, 1050 Ixelles	accounts 2021 → 2024	Accounts 2024 · 2025-00149158

Company names

Source · NBB annual accounts, CBE

Name	Period	Source
CONDOR FINCOCurrent	accounts 2021 → 2025	Accounts 2025 · 2026-00159255

Events

2025
Annual accounts 2025445,7 k €↑
26/05/2025
augmentation_capital
2024
Annual accounts 2024-450,2 k €↓
05/06/2024
reconductionMAZARS BEDRIJFSREVISOREN - REVISEURS D'ENTREPRISES SRL · commissaire
2023
Annual accounts 2023-358,9 k €↓
13/12/2023
augmentation_capital
2022
Annual accounts 20225,8 k €↑
2021
Annual accounts 20211,9 k €
02/07/2021
IncorporationPrivate limited company

CONDOR FINCO

Overview

Identity

Financials

Valuation

Indicative valuation

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

Timeline

Registered offices

Company names

Events